The fast growth of the Asia-Pacific end-use industries is expected to drive the market for blowing agents further. The market is projected to reach more than USD 3.0 billion by the end of 2028.
In terms of application the market is segmented into packaging, automotive, building & construction, bedding & furniture, and others. In terms of type the global blowing agents market is segmented into type as hydrochlorofluorocarbons, hydrofluorocarbons, hydrocarbons, hydrofluoroolefins, and others.
The polyurethane foam industry uses all forms of blowing agents and thus holds a substantial market share. The market for polyurethane products is increasing at a high rate of growth, eventually creating a demand for blowing agents, leading to its wide variety of uses in plastics, construction and automotive industries.
In terms of geography, the market is segregated into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa Key players include Key players include, Honeywell International Inc., Solvay SA, Arkema SA, Exxon Mobil Corporation, Linde plc, Daikin Industries, Ltd., Bioamber Inc., The Chemours Company, Haltermann Carless, Foam Supplies, Inc
Key segments across Blowing Agents market
- Type Overview, 2019 – 2028 (USD Billion)
- Hydrochlorofluorocarbons
- Hydrofluorocarbons
- Hydrofluoroolefins
- Others
- Application Overview, 2019 – 2028 (USD Billion)
- Packaging
- Automotive
- Building & Construction
- Bedding & Furniture
- Others
- Regional Overview, 2019 – 2028 (USD Billion)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Central & South America
- Brazil
- Argentina
- Middle East & Africa
- Saudi Arabia
- North America