Foam Blowing Agents Market Share, Size Global Industry Trends, and 2023 Forecasts Report

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Market Research Future.com has announced the addition of “Global Foam Blowing Agents Industry 2019 Market Research Report” to their Database.

Foam blowing agents Market Overview

Foam blowing Agents are a substances that helps in production of a cellular structure through a process of foaming in variety of materials including metals, polymers and plastics. The cellular structure produced increases thermal and acoustic insulation by increasing the hardness of the original polymer. The major applications of foam blowing agents includes electrical & electronics, automobile, building & construction, and food packaging among others.

Foam blowing Agents  Key Players

Arkema S.A. (France), Honeywell International Inc. (U.S.), Exxon Mobil Corporation (U.S.), E.I. du Pont de Nemours & Company (U.S.), Haltermann GmbH (Germany), Harp International Ltd. (U.K.), Daikin Industries Ltd. (Japan), Sinochem Group (China), Solvay S.A. (Belgium), and ZEON Corporation (Japan) among others are some of the prominent players at the forefront of competition in the global Foam blowing agents Market and are profiled in MRFR Analysis.

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Foam blowing agents Market Competitive Landscapes

The global Foam blowing agents Market is a highly lucrative market driven by flourishing growth in construction and automobile industry, along with the propelling electronics industry. Arkema S.A. (France), Honeywell International Inc. (U.S.), Exxon Mobil Corporation (U.S.), E.I. du Pont de Nemours & Company (U.S.), Haltermann GmbH (Germany), Harp International Ltd. (U.K.) among others are some of the major players operating in this market. Most of these market participants are adopting the expansion, product launch, and merger and acquisition tactics to strengthen their production capacities and market position. Taking account of these trends the global Foam blowing agents Market is projected to witness considerable competition over the forecast period of 2017-2023.

Segments

The global foam blowing agent market is segmented on the basis of their product type, Chemistry, application and region. On the basis of the product type hydrofluorocarbons (HFCs) was the leading segment in 2016 and is expected to show the same trend during the forecast period. The growing use of HFC’s in refrigeration, building insulation, air conditioning and fire extinguishing among other is substantially contributing to the growth of this segment. On the basis of application, polyurethane foam is the leading segment. The advantages such as structural strength and insulation properties makes paves their way into many applications such as cushioning, insulation and automobile applications.

According to the analysis of MRFR, the major market forces and trends driving growth of the global Foam blowing agents Market includes growth of construction sector and the burgeoning growth in the automobile industry. Moreover, the growing government investments in the developing economies across the globe has propelled the construction activities especially in India and china which in turn is further expected to fuel the growth of the global foam blowing agents market during the assessed period.  In addition, the growing development in the automotive and aerospace sector are other factors contributing to the market growth.

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Foam Blowing Agents Regions

Asia pacific is expected to be the fastest growing region whereas North America is anticipated to dominate the market during the forecast years. The developing end use industries in the Asia Pacific region is anticipated to positively contribute to the growth of the market. European foam blowing agents market is expected to grow at a steady pace. The developed packaged food industry is a major factor driving the growth.

TABLE OF CONTENTS

1 Executive Summary

2  Scope of the Report

2.1  Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3  Markets Structure

3  Market Research Methodology

3.1  Research Process

3.2  Secondary Research

3.3  Primary Research

3.4  Forecast Model

4  Market Landscape

4.1  Porter’s Five Forces Analysis

4.1.1  Threat of New Entrants

4.1.2  Bargaining power of buyers

4.1.3  Threat of substitutes

4.1.4  Segment rivalry

4.2  Value Chain/Supply Chain of Global Foam Blowing Agents Market

5  Industry Overview of Global Foam Blowing Agents Market