Blowing Agents Market Competitve Landscape and Overview 2022-2029

1. Blowing Agents Market|2022-2029 Global (Hydrochlorofluorocarbons (HCFCs) (HCFC-141b, HCFC-142b, HCFC-22, Others HCFCs), Hydrofluorocarbons (HFCs) (HFC-245fa, HFC-134a, HFC-365mfc/227ea, HFC-152a), Hydrocarbons (HCs) (N-Pentane, Cyclopentane, Isopentane, Isobutane, N-Butane, Other HCS), Hydrofluoroolefin (HFO), Others), By Foam Type (Polyurethane Foam, Polystyrene Foam, Phenolic Foam, Polypropylene Foam, Polyethylene Foam, Other Foam Types), By Application (Building & Construction, Automotive, Bedding & Furniture, Appliances, Packaging, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029 Blowing Agent Market is segmented By Product Type Copy Right: DataM Intelligence 4Market Research info@datamintelligence.com

2. Blowing Agents Market|2022-2029 Overview: Blowing agents are chemical compounds that are light in weight, heat insulation, and electrical induction that are used to generate the gas that is employed in the expansion of plastics, rubber, and ceramics to make foam. The worldwide blowing agent market is predicted to expand significantly due to increased demand from end-use sectors such as construction, packaging, and automotive. The product is largely utilized as an adhesive in the aforementioned end-use sectors, and it has superior qualities such as better acoustics, heat and electric insulation, flexibility, and lightweight. The utilisation of foam blowing agents is predicted to stay high in emerging countries of Asia Pacific owing to fast urbanisation; growth in demand for consumer items such as refrigerators, bedding products, and footwear; and increase in number of large-scale infrastructure projects in the area. During the forecast period, this is expected to generate profitable prospects for global market participants. Browse For Report @ https://www.datamintelligence.com/research-report/blowing-agent-market Copy Right: DataM Intelligence 4Market Research info@datamintelligence.com

3. Blowing Agents Market|2022-2029 Market Size and and Future Apprehension: According to the most recent DataM Intelligence analysis, the global “Blowing Agents Market” was estimated to grow at a high CAGR of 1.5% during the forecast period 2022-2029 Market Dynamics: Drivers: -Superior Shock-absorbing Properties to Drive Foam Blowing Agent Demand in Refrigerant Applications . The increased demand for foam blowing agents in consumer appliance applications such as refrigerators, air conditioners, and water heaters due to their superior shock-absorbing capabilities is driving the worldwide foam blowing agents market. According to the International Institute of Refrigeration (IIR), the number of air-conditioning and heating systems in operation around the globe reached at over 3 billion units in 2017. Over the last several years, electricity usage for refrigeration and air-conditioning systems has increased in various locations. -Increased Demand for Energy-Efficient Insulation Materials in the Building and Construction Sector to Benefit the Global Market Copy Right: DataM Intelligence 4Market Research info@datamintelligence.com

4. Blowing Agents Market|2022-2029 Insulation systems are extensively utilized in residential, commercial, and institutional buildings to minimize the rate of heat transmission, notably via roofs and sidewalls. Insulating a building component saves energy and helps to minimize greenhouse gas emissions. HVAC ducts, process pipes, industrial equipment, tanks, and vessels all require adequate insulation. Restraints: However, the high cost of switching technologies is impeding market growth since the transition from one blowing agent technology to another involves technical complexity such as commercial considerations, the complexity of associated technological challenges, and legal issues. Conversion to HCs technology, for example, entails a significant investment or fixed cost, whereas conversion to HFCs/HFOs-based technology entails a significant running cost. Furthermore, rising government regulations due to ozone potential depletion (ODP) and global warming may reduce demand for blowing agents. Browse For Sample Request @ https://www.datamintelligence.com/download-sample/blowing-agent-market Copy Right: DataM Intelligence 4Market Research info@datamintelligence.com

5. Blowing Agents Market|2022-2029 Key Developments: ✓ In June 2021, Arkema announced intentions to enhance the manufacturing capacity of insulating foam blowing agent, hydro-fluoro olefin 1233zd (HFO-1233zd), in China and the U.S. The business intends to invest US$ 60 million in expanding HFO capacity at its factory in Calvert City, Kentucky, the United States. It is expected to generate 5 kilotons of HFO per year in China by 2022 through collaboration with Aofan. ✓ Nouryon will release a new version of its Expancel expandable microspheres, which operate as fillers and blowing agents to make goods lighter and lower total costs, in November 2020. These expandable microspheres are most commonly found in speciality thin coatings that increase the printability of thermal paper labels and tickets. Region Analysis: During the forecast period, Asia Pacific is expected to account for the largest share of the worldwide foam blowing agents market. The growing population, fast urbanisation in important nations like as China, India, and Japan, and increased demand for consumer durables have all contributed to an increase in demand for insulation applications. As a result, the need for foam blowing agents in the region is increasing. Copy Right: DataM Intelligence 4Market Research info@datamintelligence.com

6. Blowing Agents Market|2022-2029 Blowing Agents Market Segmentation Analysis: The global Blowing Agent Market is segmented based on it’s product type, by form, by application, by region By Product Type: By Form Type: By Application: • • • • Hydrochlorofluorocarbons(HCFCs) Hydrofluorocarbons(HFCs) Hydrocarbons(HCs) Hydro fluoro olefin(HFO) • • • • • Polyurethane Foam Polystyrene Foam Phenolic Foam Polypropylene Foam Polyethylene Foam Building & Construction Automotive Bedding & Furniture Appliances Packaging • • • • • • Others Others • • Others Copy Right: DataM Intelligence 4Market Research info@datamintelligence.com

7. Blowing Agents Market|2022-2029 Major Countries Focused: Major Countries Focused: Geographical Classification Geographical Classification • • • • • North America Europe South America Asia Pacific Middle East and Africa • • • • • • • • • • • United States Canada Brazil Spain Italy United Kingdom South Korea Russia China Japan Rest of the Countries Copy Right: DataM Intelligence 4Market Research info@datamintelligence.com

8. Blowing Agents Market|2022-2029 Some of the Major Players Covered in the Market: The blowing agent industry is very competitive with the presence of various worldwide and local marketplaces. Product diversification, income growth, and new opportunities all contribute to increased market competitiveness. ❖ The Linde group ❖ Americhem ❖ Arkema ❖ Form Supplies Inc. ❖ HCS group ❖ Honeywell International Inc ❖ Huntsman International LLC ❖ Lanxess and Nouryon Copy Right: DataM Intelligence 4Market Research info@datamintelligence.com

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