A quick peek into the report
Table of Contents
1.1 Trends: Current and Future Impact Assessment
1.1.1 Rising Demand for Energy-Efficient Insulation Materials
1.1.2 Increasing Adoption of Stringent Government Regulations
1.2 Supply Chain Overview
1.2.1 Value Chain Analysis
1.2.2 Pricing Forecast
1.3 R&D Review
1.3.1 Patent Filing Trend by Country, by Company
1.4 Regulatory Landscape
1.5 Stakeholder Analysis
1.5.1 Use Case
1.5.2 End User and Buying Criteria
1.6 Impact Analysis for Key Global Events
1.7 Market Dynamics Overview
1.7.1 Market Drivers
1.7.2 Market Restraints
1.7.3 Market Opportunities
2.1 Application Segmentation
2.2 Application Summary
2.3 Blowing Agent Market (by Application)
2.3.1 Building and Construction
2.3.2 Automotive
2.3.3 Bedding and Furniture
2.3.4 Appliances
2.3.5 Packaging
2.3.6 Other
3.1 Product Segmentation
3.2 Product Summary
3.3 Blowing Agent Market (by Product Type)
3.3.1 Hydrochlorofluorocarbons (HCFCs)
3.3.2 Hydrofluorocarbons (HFCs)
3.3.3 Hydrocarbons (HCs)
3.3.4 Hydrofluoroolefin (HFO)
3.3.5 Other
3.4 Blowing Agent Market by (Foam Type)
3.4.1 Polyurethane Foam
3.4.2 Polyolefin Foam
3.4.3 Polystyrene Foam
3.4.4 Phenolic Foam
3.4.5 Polypropylene Foam
3.4.6 Polyethylene Foam
3.4.7 Others
4.1 Blowing Agent Market - by Region
4.2 North America
4.2.1 Regional Overview
4.2.2 Driving Factors for Market Growth
4.2.3 Factors Challenging the Market
4.2.4 Application
4.2.5 Product
4.2.6 U.S.
4.2.6.1 Market by Application
4.2.6.2 Market by Product
4.2.7 Canada
4.2.7.1 Market by Application
4.2.7.2 Market by Product
4.2.8 Mexico
4.2.8.1 Market by Application
4.2.8.2 Market by Product
4.3 Europe
4.3.1 Regional Overview
4.3.2 Driving Factors for Market Growth
4.3.3 Factors Challenging the Market
4.3.4 Application
4.3.5 Product
4.3.6 Germany
4.3.6.1 Market by Application
4.3.6.2 Market by Product
4.3.7 France
4.3.7.1 Market by Application
4.3.7.2 Market by Product
4.3.8 U.K.
4.3.8.1 Market by Application
4.3.8.2 Market by Product
4.3.9 Italy
4.3.9.1 Market by Application
4.3.9.2 Market by Product
4.3.10 Rest-of-Europe
4.3.10.1 Market by Application
4.3.10.2 Market by Product
4.4 Asia-Pacific
4.4.1 Regional Overview
4.4.2 Driving Factors for Market Growth
4.4.3 Factors Challenging the Market
4.4.4 Application
4.4.5 Product
4.4.6 China
4.4.6.1 Market by Application
4.4.6.2 Market by Product
4.4.7 Japan
4.4.7.1 Market by Application
4.4.7.2 Market by Product
4.4.8 India
4.4.8.1 Market by Application
4.4.8.2 Market by Product
4.4.9 South Korea
4.4.9.1 Market by Application
4.4.9.2 Market by Product
4.4.10 Rest-of-Asia-Pacific
4.4.10.1 Market by Application
4.4.10.2 Market by Product
4.5 Rest-of-the-World
4.5.1 Regional Overview
4.5.2 Driving Factors for Market Growth
4.5.3 Factors Challenging the Market
4.5.4 Application
4.5.5 Product
4.5.6 South America
4.5.6.1 Market by Application
4.5.6.2 Market by Product
4.5.7 Middle East and Africa
4.5.7.1 Market by Application
4.5.7.2 Market by Product
5.1 Next Frontiers
5.2 Geographic Assessment
5.2.1 Zeon Taiwan Co., Ltd.
5.2.1.1 Overview
5.2.1.2 Top Products/Product Portfolio
5.2.1.3 Top Competitors
5.2.1.4 Target Customers
5.2.1.5 Key Personnel
5.2.1.6 Analyst View
5.2.1.7 Market Share
5.2.2 Honeywell International Inc.
5.2.2.1 Overview
5.2.2.2 Top Products/Product Portfolio
5.2.2.3 Top Competitors
5.2.2.4 Target Customers
5.2.2.5 Key Personnel
5.2.2.6 Analyst View
5.2.2.7 Market Share
5.2.3 Solvay
5.2.3.1 Overview
5.2.3.2 Top Products/Product Portfolio
5.2.3.3 Top Competitors
5.2.3.4 Target Customers
5.2.3.5 Key Personnel
5.2.3.6 Analyst View
5.2.3.7 Market Share
5.2.4 Arkema
5.2.4.1 Overview
5.2.4.2 Top Products/Product Portfolio
5.2.4.3 Top Competitors
5.2.4.4 Target Customers
5.2.4.5 Key Personnel
5.2.4.6 Analyst View
5.2.4.7 Market Share
5.2.5 Exxon Mobil Corporation
5.2.5.1 Overview
5.2.5.2 Top Products/Product Portfolio
5.2.5.3 Top Competitors
5.2.5.4 Target Customers
5.2.5.5 Key Personnel
5.2.5.6 Analyst View
5.2.5.7 Market Share
5.2.6 Linde PLC
5.2.6.1 Overview
5.2.6.2 Top Products/Product Portfolio
5.2.6.3 Top Competitors
5.2.6.4 Target Customers
5.2.6.5 Key Personnel
5.2.6.6 Analyst View
5.2.6.7 Market Share
5.2.7 DAIKIN INDUSTRIES, Ltd.
5.2.7.1 Overview
5.2.7.2 Top Products/Product Portfolio
5.2.7.3 Top Competitors
5.2.7.4 Target Customers
5.2.7.5 Key Personnel
5.2.7.6 Analyst View
5.2.7.7 Market Share
5.2.8 The Chemours Company
5.2.8.1 Overview
5.2.8.2 Top Products/Product Portfolio
5.2.8.3 Top Competitors
5.2.8.4 Target Customers
5.2.8.5 Key Personnel
5.2.8.6 Analyst View
5.2.8.7 Market Share
5.2.9 BASF SE
5.2.9.1 Overview
5.2.9.2 Top Products/Product Portfolio
5.2.9.3 Top Competitors
5.2.9.4 Target Customers
5.2.9.5 Key Personnel
5.2.9.6 Analyst View
5.2.9.7 Market Share
5.2.10 HCS Group GmbH.
5.2.10.1 Overview
5.2.10.2 Top Products/Product Portfolio
5.2.10.3 Top Competitors
5.2.10.4 Target Customers
5.2.10.5 Key Personnel
5.2.10.6 Analyst View
5.2.10.7 Market Share
5.2.11 Huntsman International LLC
5.2.11.1 Overview
5.2.11.2 Top Products/Product Portfolio
5.2.11.3 Top Competitors
5.2.11.4 Target Customers
5.2.11.5 Key Personnel
5.2.11.6 Analyst View
5.2.11.7 Market Share
5.2.12 Harp International Ltd.
5.2.12.1 Overview
5.2.12.2 Top Products/Product Portfolio
5.2.12.3 Top Competitors
5.2.12.4 Target Customers
5.2.12.5 Key Personnel
5.2.12.6 Analyst View
5.2.12.7 Market Share
5.2.13 Sinochem Group Co. Ltd
5.2.13.1 Overview
5.2.13.2 Top Products/Product Portfolio
5.2.13.3 Top Competitors
5.2.13.4 Target Customers
5.2.13.5 Key Personnel
5.2.13.6 Analyst View
5.2.13.7 Market Share
5.2.14 Nouryon
5.2.14.1 Overview
5.2.14.2 Top Products/Product Portfolio
5.2.14.3 Top Competitors
5.2.14.4 Target Customers
5.2.14.5 Key Personnel
5.2.14.6 Analyst View
5.2.14.7 Market Share
5.2.15 A-Gas International Limited
5.2.15.1 Overview
5.2.15.2 Top Products/Product Portfolio
5.2.15.3 Top Competitors
5.2.15.4 Target Customers
5.2.15.5 Key Personnel
5.2.15.6 Analyst View
5.2.15.7 Market Share
Research Methodology
Blowing Agent Market Report Coverage
|
Blowing Agent Market |
|||
|
Base Year |
2023 |
Market Size in 2024 |
$1.91 Billion |
|
Forecast Period |
2024-2034 |
Value Projection and Estimation by 2034 |
$3.15 Billion |
|
CAGR During Forecast Period |
5.14% |
|
|
Key Market Players and Competition Synopsis
The companies that are profiled have been selected based on thorough secondary research, which includes analyzing company coverage, product portfolio, market penetration, and insights gathered from primary experts.
Some of the prominent companies in this market are:
• Honeywell International Inc.
• Solvay
• Arkema
• Exxon Mobil Corporation
• Linde PLC
• DAIKIN INDUSTRIES, Ltd.
• The Chemours Company
How can this Report add value to an Organization?
Product/Innovation Strategy: This report provides a comprehensive product/innovation strategy for the blowing agent market, identifying opportunities for market entry, technology adoption, and sustainable growth. It offers actionable insights, helping organizations gain a competitive edge, and capitalize on the increasing demand.
Growth/Marketing Strategy: This report offers a comprehensive growth and marketing strategy designed specifically for the blowing agent market. It presents a targeted approach to identifying specialized market segments, establishing a competitive advantage, and implementing creative marketing initiatives aimed at optimizing market share and financial performance. By harnessing these strategic recommendations, organizations can elevate their market presence, seize emerging prospects, and efficiently propel revenue expansion.
Competitive Strategy: This report crafts a strong competitive strategy tailored to the blowing agent market. It evaluates market rivals, suggests methods to stand out, and offers guidance for maintaining a competitive edge. By adhering to these strategic directives, companies can position themselves effectively in the face of market competition, ensuring sustained prosperity and profitability.
Introduction to Blowing Agent Market
The blowing agent market is undergoing significant growth, propelled by various key factors and market drivers. In an optimistic scenario, the market is evaluated at a valuation of $1.91 billion in 2024 and is projected to expand at a CAGR of 5.14% to reach $3.15 billion by 2034.
A primary driver for the growth of the blowing agent market is the increasing demand for energy-efficient and environmentally friendly materials across various industries. Blowing agents play a crucial role in the production of insulation materials, packaging, and other applications where lightweight and durable properties are essential. The market is witnessing heightened demand as industries recognize the importance of sustainable solutions in meeting regulatory requirements and reducing carbon footprint. Additionally, advancements in blowing agent technology are enhancing the performance and cost-effectiveness of end products, further driving market growth.
Another driving factor in the global blowing agent market is the increasingly stringent regulatory landscape surrounding environmental sustainability. Governments worldwide are enacting stricter policies to mitigate greenhouse gas emissions and promote eco-friendly practices, prompting industries to transition towards more sustainable blowing agent alternatives. This regulatory pressure fuels the adoption of blowing agents with lower global warming potential (GWP) and ozone depletion potential (ODP), thereby propelling market growth. Additionally, growing consumer awareness and preferences for environmentally friendly products further bolster this trend, creating a conducive atmosphere for the blowing agent market to rise.
Furthermore, technological advancements and innovations in blowing agent manufacturing processes are creating lucrative opportunities for market expansion. Companies specializing in blowing agent, such as Arkema, Linde PLC, and BASF SE, are at the forefront of developing cutting-edge solutions tailored to the specific needs of the blowing agent industry. Their expertise in engineering capabilities, and customer-centric approach are instrumental in shaping the blowing agent market landscape.
Overall, the blowing agent market is witnessing robust growth, driven by the growing demand for eco-friendly materials in different sectors, coupled with technological advancements and innovations in sustainable manufacturing.
Market Segmentation:
Segmentation 1: by Application
• Building and Construction
• Automotive
• Bedding and Furniture
• Appliances
• Packaging
• Other
Segmentation 2: by Product Type
• Hydrochlorofluorocarbons (HCFCs)
• Hydrofluorocarbons (HFCs)
• Hydrocarbons (HCs)
• Hydrofluoroolefin (HFO)
• Other
Segmentation 3: by Foam Type
• Polyurethane Foam
• Polyolefin Foam
• Polystyrene Foam
• Phenolic Foam
• Polypropylene Foam
• Polyethylene Foam
• Others
Segmentation 4: by Region
• North America
• Europe
• Asia-Pacific
• Rest-of-the-World
Blowing Agent Market - A Global and Regional Analysis
Focus on Application, Product Type, Foam Type, and Region - Analysis and Forecast, 2024-2034