Monday, 25 September 2023 05:26 GMT

Blowing Agent Market Expected To Witness A Sustainable Growth USD 2.41 Billion By 2029

(MENAFN- Ameliorate Digital Consultancy) Exactitude Consultancy Market Research analyses that the Blowing Agent market will witness a CAGR of 6.5% for the forecast period of 2023-2029 and is likely to reach at USD 2.41 billion by 2029 from USD 1.37 billion in 2022.

The blowing agent Market Research Report includes in-depth research and insights into the market size, revenues, important categories, growth drivers, limiting factors, and regional industrial presence. The goal of the market research study is to extensively explore the Chemical and Material industry and obtain an understanding of the business and its economic potential. As a consequence, the client gains wide information about the industry and business from the past, present, and future viewpoints, allowing them to spend money and deploy resources wisely. This report is 80 pages long and includes a detailed table of contents, a list of figures, tables, and charts, as well as significant analysis.

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Years considered for this report:

Historical Years: 2018-2021

Base Year: 2022

Estimated Year: 2023

Forecast Period: 2023-2029

Blowing Agents Market Recent Developments

  • In June 2021, Arkema has announced to increase in the production capacity of the insulation foam–blowing agent hydro-fluoro olefin 1233zd (HFO-1233zd) in the China and United States. Specifically, the company has planned to spend USD 60 million to add 15 kilotons per year of capacity for the HFO at its plant in Calvert City, Kentucky of United States. Moreover, the company will contract with Aofan to produce 5 kilotons per year in China by 2022.
  • In November 2020, Nouryon has launched a new version of its Expancel expandable microspheres, which act as a filler and blowing agent to make products lighter and reduce overall costs. Moreover, the product finds its major application in specialty thin coatings, majorly, for improving the printability of thermal paper labels, tickets, and others.

Blowing Agent Market: Demand Analysis and Opportunity Outlook to 2023-2029

The Blowing Agent study defines the market size of various segments and countries by historical years and forecasts the value for the next 7 years. The report brings together qualitative and quantitative elements of the Blowing Agent industry, including: market share, market size (value and volume 2017-2022, and forecast to 2023-2029), in the highly competitive market for each country concerned Express appreciation. Furthermore, the study also caters and provides in-depth statistics on the key elements of Blowing Agent, which includes drivers and restraints that help in estimating the future growth prospects of the market.

The study pays attention to the loftiest revenue-generating and highest growing segments of the Blowing Agent market. This makes the research document accurately organized and systematic alongside encouraging a simpler understanding of each facet covered in this report. Major Key players profiled in the report include: Nouryon, The Chemours Company., Honeywell International Inc., Solvay, Huntsman International LLC, Akzo Nobel N.V., BASF SE, 3M, Exxon Mobil Corporation, DAIKIN INDUSTRIES, Ltd., Arkema, CHEMSPEC, LTD., Dow., DuPont, HCS Group, Linde plc, Foam Supplies, In and others.

Blowing Agent Market Segmentation:

Blowing Agent Market by Type, 2023-2029, (USD Million) (Kilotons)

  • HC
  • HFC
  • HCFC

Blowing Agent Market by Foam, 2023-2029, (USD Million) (Kilotons)

  • Polyurethane Foam
  • Polystyrene Foam
  • Phenolic Foam
  • Polyolefin Foam

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Geographically, the following regions were investigated:

  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
  • South America (Brazil, Argentina, Colombia, and Rest of South America)
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

Key market aspects are illuminated in the report:

Executive Summary: It covers a summary of the most vital studies, the Blowing Agent market increasing rate, modest circumstances, market trends, drivers and problems as well as macroscopic pointers.

Study Analysis: Covers major companies, vital market segments, the scope of the products offered in the Blowing Agent market, the years measured, and the study points.

Company Profile: Each Firm well-defined in this segment is screened based on a product, value, SWOT analysis, their ability and other significant features.

Manufacture by region: This Blowing Agent report offers data on imports and exports, sales, production and key companies in all studied regional markets

What is the purpose of this report?

  • A thorough review of the Blowing Agent market, including regional markets.
  • Comprehensive coverage of all segments of the Blowing Agent market to assess trends, developments and market size forecasts till 2023-2029.
  • A thorough examination of deals involved in the Blowing Agent market including product portfolio, revenue, SWOT analysis and recent company advancements are examined in the company profile.
  • The growth matrix analyzes the product categories and geographic regions in which market companies should focus their efforts to invest, consolidate, expand and/or diversify.

There are 13 Sections to show the Blowing Agent market:

Chapter 1: Blowing Agent Market Overview, Drivers, Restraints and Opportunities, Segmentation overview

Chapter 2: Market Competition by Manufacturers

Chapter 3: Production by Regions

Chapter 4: Consumption by Regions

Chapter 5: Production, By Types, Revenue, and Market share by Types

Chapter 6: Consumption, By Applications, Market share (%), and Growth Rate by Applications

Chapter 7: Complete profiling and analysis of Manufacturers

Chapter 8 : Manufacturing cost analysis, Raw materials analysis, Region-wise manufacturing expenses

Chapter 9: Industrial Chain, Sourcing Strategy, and Downstream Buyers

Chapter 10 : Marketing Strategy Analysis, Distributors/Traders

Chapter 11: Market Effect Factors Analysis

Chapter 12: Blowing Agent Market Forecast

Chapter 13: Blowing Agent Market Research Findings and Conclusion, Appendix, methodology, and data source

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Key questions answered in the report include:

  • What is the growth potential of the Blowing Agent market?
  • Which regional markets will emerge as leaders in the next few years?
  • What are the key challenges facing the Blowing Agent market in the future?
  • Who are the most prominent players in the global Blowing Agent market?
  • What are the key trends positively impacting market growth?

About Us

Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.

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Contact: Irfan Tamboli

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