Foam Blowing Agents Market Trends, Drivers, Strategies, Applications & Competitive Landscape by 2020

The global foam blowing agents market was valued at 332,690.0 metric tons in 2014, and it is expected to grow with a CAGR of 5.3% during 2015 - 2020. The factors driving the growth of the global market include increasing demand for polymeric foams in construction and automotive industries and high demand for foam blowing agents in the manufacturing of polyurethane foam.

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Polyurethane foam is the most commonly utilized polymer foam, due to its large base of end-user industries such as automotive, building and construction, electronics, flooring, furnishings, medical devices, and packaging.

Polyurethane foam could be rigid or flexible, depending on the specific requirements in different applications. In order to alter or customize the structural properties of polyurethane foam, different types of blowing agents are used. 

In 2014, the Asia-Pacific market held the largest share in the global foam blowing agents market, in terms of value and volume. In terms of volume, Asia-Pacific foam blowing agents market is expected to witness the fastest growth (6.3% CAGR) globally, during 2015 – 2020.

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Some of the key companies operating in the global foam blowing agents market include Arkema S.A., Daikin Industries Ltd., Exxon Mobil Corporation, Haltermann GmbH, Honeywell International Inc., Sinochem Group, Linde AG, Zeon Corporation, Solvay S.A. and Harp International Ltd.

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Created on Jun 14th 2018 02:19. Viewed 369 times.

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