Global Foam Blowing Agents Market to Grow At CAGR of 5.31% Forecast 2017-2021

Albany, US, 2017-Aug-29 — /EPR Network/ — Market Research Hub (MRH) has recently broadcasted a new study to its broad research portfolio, which is titled as Global Foam Blowing Agents Market 2017-2021”, 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. Blowing agents are used in the production of various types of foam such as rigid extruded polystyrene (XPS) foam, rigid PUR foam, and flexible PUR foams. These foams are used in various applications such as insulation foam for appliances, flexible-faced laminates, sandwich panels and composites, rigid slab stock, in-situ PUR foam, and pipe insulation.

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Research analysis on the global foam blowing agents market recognizes that the increasing demand for foam blowing agents from the automotive and construction industries will be one of the major factors that will have a positive impact on the market’s growth. Blowing agents have wide applications in diverse automotive parts such as side skirts, wiper cowls, roll pans, and bumpers. Also, blowing agents are also used in the construction industry for applications with housing, hospitality, flooring material, and effective sound furnishing. With the automotive industry witnessing huge development and the increase in global population that is increasing the number of constructions, such applications of blowing agents will subsequently increase their demand in the coming years. Additionally, the development of the packaging and medical devices industries will also drive the market’s growth. Market Research Hub’s research analysts forecast that this market will grow at a CAGR of 5.31% during the period 2017-2021.

Covered in this report:

The report covers the present scenario and the growth prospects of the global foam blowing agents market for 2017-2021. To calculate the market size, the report considers revenue generated from the sales of foam blowing agents from various types across various segments.

The market is divided into the following segments based on geography:
North America

Market Research Hub’s report, Global Foam Blowing Agents Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Honeywell International
The Chemours Company

Other prominent vendors
Ajanta Group
Akzo Nobel
Diversified CPC International
Foam Supplies
Haltermann Carless
Harp International
KSJN Chemicals
The Linde Group
Unistar Chemical

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Market driver
Growing demand for foam blowing agents from the automotive and construction industries
For a full, detailed list, view our report

Market challenge
Increase in the use of HFCs and HCFCs in unauthorized sectors
For a full, detailed list, view our report

Market trend
Alternative to HFCs and HCFCs
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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