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Foam Blowing Agents Market Is Expected To Witness A Substantial Rise In The Forecast Period 2023-2032
Foam Blowing Agents Market
Foam Blowing Agents Market Size, Growth Rate, And Forecast
The global foam blowing agents market size is expected to grow from $1.49 billion in 2022 to $1.59 billion in 2023 at a compound annual growth rate (CAGR) of 6.2%. The global foam blowing agents market size is expected to reach $1.95 billion in 2027 at a CAGR of 5.3%.
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Foam Blowing Agents Market Drivers
The rise in demand for foam blowing agents in consumer appliance is expected to propel the growth of the foam blowing agent market going forward. Due to their superior shock-absorbing capabilities, foam blowing agents are heavily used in refrigerators and other consumer appliances, including air conditioners, water heaters, and other household appliances.
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Foam Blowing Agents Market Segments
• By Product Type: Hydrocarbons (HCs), Hydrofluoroolefin (HFO), Hydrofluorocarbons (HFCs), Other Product Types
• By Foam Type: Polyurethane Foam, Polystyrene Foam, Phenolic Foam, Polypropylene Foam, Polyethylene Foam, Other Foam Types
• By Application: Building and Construction, Automotive, Bedding and Furniture, Appliances, Packaging, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Foam blowing agents market.
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Foam Blowing Agents Market Key Players
Major competitors in the foam blowing agents market include Arkema S.A., Honeywell International Inc., Exxon Mobil Corporation, E.I. Du Pont De Nemours & Company, Daikin Industries Ltd., Sinochem Group, Solvay S.A., Zeon Corporation Ltd., Linde Group, The Chemours Company, Solvay S.A., Foam Supplies Inc., Harp International Ltd., HCS Group GmbH, Marubeni Corporation, and Haltermann Gmbh
The Business Research Company's "Global Foam Blowing Agents Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Foam Blowing Agents Market Include:
1. Executive Summary
2. Foam Blowing Agents Market Characteristics
3. Foam Blowing Agents Market Trends And Strategies
4. Foam Blowing Agents Market - Macro Economic Scenario
5. Foam Blowing Agents Market Size And Growth
……
26. Africa Foam Blowing Agents Market
27. Foam Blowing Agents Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Foam Blowing Agents Market
29. Foam Blowing Agents Market Future Outlook And Potential Analysis
30. Appendix
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