Blowing Agents Market: Industry Applications, Trend, Outlook and Opportunity Analysis, 2018-2026

1. Blowing Agents Market: Industry Applications, Trend, Outlook and Opportunity Analysis, 2018-2026 Blowing agents are light in weight, heat insulation, and electrical induction chemical substances that are used to generate the gas that is used in expanding of plastics, rubber, and ceramics to create foam. The global blowing agents are expected to witness substantial growth owing to increasing demand from end-use industries such as construction, packaging, and automotive. The product is primarily used in the aforementioned end-use industries as adhesives, exhibiting superior properties including improved acoustics, heat & electric insulation, elasticity, and lightweight. Rising infrastructure development in Asia Pacific is expected to increase market penetration Blowing agents are widely used across a number of application in the construction industry including acoustics, heat & electric insulation, and shock absorbers. Furthermore, rising infrastructure development in Asia Pacific coupled with supportive government initiatives, in emerging economies such as India, is fueling growth of the market. For instance, in 2016, the Indian government announced plans to invest US$ 376.53 billion to improve the infrastructure, roads, transport facility, and shipping over of the following three years. Encouraging foreign direct investment (FDI) in the region is likely to propel the construction industry in the region, which in turn is expected to increase demand for blowing agents in the near future. Request For Sample Copy of this Research Report : https://www.coherentmarketinsights.com/insight/request-sample/255 The blowing agents market is expected to exhibit below average growth in North America and Europe, owing to mature end-use industries in these regions. Furthermore, stringent regulations by EPA in 2003, and by UK to limit the use,

2. recovery, and reuse of HCFC. Governing the use of blowing agents is expected further expected to hamper growth over the following few years. However, gradual recovery of the construction industry—one of the key end-use industries for blowing agents—in both the regions, is expected to have a positive impact on market growth. Honeywell, Solvay, Arkema are key industry players in the blowing agents market. Continuous research and development, technological advancement, and marketing strategies help in attaining the highest market share in the global blowing agents market. Solstice Liquid Blowing Agent, the latest product developed by Honeywell, is the least harmful to the environment and possesses immense potential to replace HC, HFC, and HCFC, in the future. Blowing agents industry is a consolidated market place with a large number of small manufacturers present in the industry. This trend is primarily witnessed in Asia Pacific, which is one of the major producers of blowing agents. Furthermore, the industry comprises of leading players with global presence including DuPont, Arkema S.A., Honeywell International Inc., Solvay S.A., Foam Supplies, Inc., AkzoNobel NV, Haltermann GmbH, Linde AG, Americhem, and HARP International Ltd. For More Information: ​http://bit.ly/2Lp0VKJ About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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