Blowing Agent Market worth $2.3 billion by 2029 - Exclusive Report by MarketsandMarkets™

Browse in-depth TOC on "Blowing Agent Market"

256 – Tables
57 – Figures
276 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=71329121

"Polyolefin foam is projected to be the fastest growing foam type of blowing agent, in terms of value, during the forecast period."

Polyolefin foam, such as polyethylene (PE) and polypropylene (PP) foam, is experiencing rapid growth as a blowing agent. Polyolefin foams are lightweight and versatile materials that offer excellent cushioning, insulation, and buoyancy properties. They can be easily molded or fabricated into various shapes and sizes, making them suitable for a wide range of applications across industries such as packaging, automotive, construction, and sports equipment.

"Hydrocarbons is the largest type of the blowing agent, in terms of value."

Hydrocarbons, such as pentanes and cyclopentane, have low global warming potential (GWP) and zero ozone depletion potential (ODP). With increasing environmental concerns and regulations targeting substances with high GWPs and ODPs, hydrocarbons have become popular as environmentally friendly blowing agents. Many countries have implemented regulations to phase out or restrict the use of blowing agents with high GWPs and ODPs, such as hydrochlorofluorocarbons (HCFCs) and certain hydrofluorocarbons (HFCs). This has led to a shift towards alternative blowing agents like hydrocarbons to comply with these regulations, such as the Montreal Protocol and the Kigali Amendment.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=71329121

"Asia Pacific captures the largest share in the blowing agent market during the forecast period, in terms of value."

Asia Pacific has experienced significant industrialization and urbanization over the past few decades, leading to increased demand for various industrial and construction materials, including blowing agents. The region's booming manufacturing sectors, particularly in countries like China, India, Japan, and South Korea, have driven the demand for blowing agents in applications such as foam insulation, packaging, automotive, and construction. The region's economic expansion is also a significant contributor to the expansion of the global blowing agent market.

Mergers, new product launches and expansions are the major growth strategies adopted by the key players in the market. The key global players in the blowing agents market include Honeywell International Inc. (US), Solvay (Belgium), Arkema (France), Exxon Mobil Corporation (US), Linde PLC (UK), Daikin Industries Ltd. (Japan), The Chemours Company (US), BASF SE (Germany), HCS Group (Germany), FSI (US), and Harp International Ltd. (UK).

Browse Adjacent Market: Specialty Chemicals Market Research Reports & Consulting

Related Reports:

Cyclopentane Market - Global Forecast to 2026

Polyurethane Foam Market - Global Forecast to 2028

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/blowing-agents-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/blowing-agents.asp

Logo: https://mma.prnewswire.com/media/2297424/MarketsandMarkets_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/blowing-agent-market-worth-2-3-billion-by-2029--exclusive-report-by-marketsandmarkets-302120749.html