Blowing Agents Market Overview: —
Blowing Agents is a chemical additive, which is widely used in the generation of gas to expand rubber, plastics, and ceramics, which results in the creation of foam. The use of blowing agent offers a range of advantages such as lightweight, heat insulation, sound & shock absorbency, elasticity, electrical insulation, permeability, and others.
Blowing Agents Market is segmented on the basis of the type, product, application, and region.
On the basis of the type, the global blowing agents market is segmented into exothermic and endothermic.
Based on the product, the global market is segmented into hydrochlorofluorocarbons, hydrofluorocarbons, hydrocarbons, and hydrofluoroolefins.
On the basis of the application, the market is segmented into rigid polyurethane, flexible polyurethane, integral skin polyurethane, polystyrene, polyolefin, phenolic, and others.
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Some of the manufacturers operating in the global blowing agents market are Solvay (Belgium), The Dow Chemical Company (U.S.), INEOS Group (Switzerland), DAIKIN INDUSTRIES, LTD. (Japan), Arkema (France), BASF SE (Germany), SINOCHEM GROUP (China), ZEON CORPORATION (Japan), Harp International Ltd. (U.K), Honeywell International Inc. (U.S.), Exxon Mobil Corporation (U.S.), AkzoNobel N.V. (Netherlands), and The Chemours Company (U.S.).
Blowing agents are available in two types namely exothermic and endothermic. The blowing agents decompose and generate environmentally neutral gases when heated. The endothermic type blowing agents are used because they carry out gas production until heat input is provided. This makes endothermic blowing agents easy to manage during processing. Moreover, the endothermic blowing agents absorb heat energy from their surroundings. This ideally reduces the mould cooling times and the ability to reduce mould cycle times in injection moulding. Thus, the endothermic blowing agents is dominating the market.
Hydrochlorofluorocarbons, hydrocarbons, hydrofluorocarbons, and hydrofluoroolefins are some of the blowing agents’ product. The hydrocarbons segment is likely to dominate the global market owing to their ease of application, good efficiency, and negligible global warming potential. Moreover, they possess good material compatibility and solubility with lubricants as compared to the CFCs or HFCs.
The application segment includes rigid polyurethane, flexible polyurethane, integral skin polyurethane, polystyrene, polyolefin, phenolic, and others. The rigid and flexible polyurethane together dominate the global market due to their high demand from various end-use industries such as appliances, automotive, building & construction, electronics, flooring, marine, furnishing, and others.
The rigid polyurethane is used for insulation in refrigerators & freezers, roofing & walls, and for sandwich panels. It is also used in boat manufacturing for both structural and flotation purposes. The flexible polyurethane is used for foam furniture, bedding, chair cushions, and shoe soles. Extruded sheets of polystyrene are highly consumed for packaging foam, which may offer substantial opportunities for the product in the coming years.
The global blowing agents market is spanned across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Asia Pacific dominated the global blowing agents market in 2016 on account of the high demand from the automotive and building & construction industry in the region.
Europe was the second leading market in 2016 due to the high production and sales of the automotive parts in countries such as Germany, Italy, U.K, France, and others.
The high demand from automotive and aerospace industry is expected to drive the blowing agents market in the North American region. Furthermore, the rebound in construction activities in the region is likely to fuel the market growth during the forecast period 2018-2023.
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 Supply Chain Analysis
4.1.1 Raw Material Suppliers
4.1.4 End Users
4.2 Porter’s Five Forces Analysis
4.2.1 Threat Of New Entrants
4.2.2 Bargaining Power Of Buyers
4.2.3 Bargaining Power Of Suppliers
4.2.4 Threat Of Substitutes
4.2.5 Intensity Of Competitive Rivalry
5 Market Dynamics Of Global Blowing Agents Market
6. Global Blowing Agents Market By Type
6.2.1 Market Estimates & Forecast, 2018-2023
6.2.2 Market Estimates & Forecast By Region, 2018-2023
6.3.1 Market Estimates & Forecast, 2018-2023
6.3.2 Market Estimates & Forecast By Region, 2018-2023
LIST OF TABLES:
Table 1 Global Blowing Agents Market: By Region, 2018-2023
Table 2 North America Blowing Agents Market: By Country, 2018-2023
Table 3 Europe Blowing Agents Market: By Country, 2018-2023
Table 4 Asia-Pacific Blowing Agents Market: By Country, 2018-2023
Table 5 Middle East & Africa Blowing Agents Market: By Country, 2018-2023
Table 6 Latin America Blowing Agents Market: By Country, 2018-2023
Table 7 Global Blowing Agents Type Market: By Regions, 2018-2023
Table 8 North America Blowing Agents Type Market: By Country, 2018-2023
Table 9 Europe Blowing Agents Type Market: By Country, 2018-2023
Table 10 Asia-Pacific Blowing Agents Type Market: By Country, 2018-2023
Table 11 Middle East & Africa Blowing Agents Type Market: By Country, 2018-2023
Table 12 Latin America Blowing Agents Type Market: By Country, 2018-2023
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