“Blowing Agent Market” Research Insights 2023-2027 report offers valuable information to support business analytics and strategic decision-making. The report examines current market opportunities, ongoing industry trends, and the latest innovations. It includes comprehensive data on top companies, successful marketing strategies, and CAGR value, as well as in-depth insights into recent developments. The report analyzes key growth patterns, sales revenue, demand-supply scenarios, and developing strategies for major market players. It also provides critical details on key suppliers.
Who are the leading players in Blowing Agent market?
- Arkema
- Daikin Industries
- ExxonMobil
- Honeywell
- The Chemours Company
- Aeropres
- Ajanta Group
- Solvay
- Dupont
- Haltermann
- Foam Supplies
- HARP International
{Impressive Compound annual growth rate (CAGR) With Multiple million USD}
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Short Description of Blowing Agent Market:
The global Blowing Agent market was valued at 1208.74 Million USD in 2021 and will grow with a CAGR of 3.38% from 2021 to 2027, According to our newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
The blowing agent is a chemical substance that is used in generating a gas to expand rubber, plastics, and ceramics to create foam. Blowing agents are used to impart features such as low weight, heat insulation, sound absorbency, permeability, elasticity, electrical insulation, excellent textures, wood grain, and shock absorbency.Hydrofluorocarbons (HFC) is the most-widely used product type of blowing agents. HFCs has currently become a widely accepted blowing agent type as they are eco-friendly since they have low ozone depletion potential (ODP). Also, these are used as a replacement for hydrochlorofluorocarbons (HCFCs) as they are scheduled to phase out by 2030. HCFCs are harmful to the environment and hence are scheduled to phase out. This is driving the manufacturers to use HFCs as a replacement for HCFCs in most of the applications.
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On the Basis of Product Type, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into:
- HCFC
- HFC
- HC
On the Basis of the End Users/Applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including:
- Polyurethane Foams
- Polystyrene Foams
- Phenolic Foams
- Polyolefin Foams
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