Blowing agents market is set to witness a substantial CAGR in the forecast period of 2019 to 2026. The report contains data of the base year 2018 and historic year 2017. This rise in the market can be attributed due to surging demand for the polymeric foams and technological up gradations and advancements in the end-user companies are contributing to the growth of the market. The cost associated with the technology is very high which restricts the market growth the dynamic changes in the choices of blowing agents in respect to environmental regulations

Blowing agents Market refers to substances which possess the capability of producing a cellular structure through a foaming process as well as produces gas in making spongy products. It can be exothermic or endothermic. These are widely used as additives in the polymeric foam industry. It reduces the density of the foam, enhances the relative toughness as well as improves thermal insulation abilities. It is in great demand in aerospace, building & construction and automotive industry. The surge in the growth rate in polymeric foams is driving the market growth The Chinese market has been surging which is boosting the market growth The construction, automotive and appliances industry has increased the demand for blowing agents which is driving the market growth The rapid advancement in the end-user companies such as infrastructure and appliances is fueling the market growth.

Global Blowing Agents Market By Type (Exothermic, Endothermic), Chemistry (Physical Blowing Agents, Chemical Blowing Agents), Foaming Agent Process (Endothermic Chemical Foaming Agents, Exothermic Chemical Foaming Agents, Endothermic and Exothermic Blend Chemical Foaming Agents), Product Type (Hydro chlorofluorocarbons, Hydro fluorocarbons, Hydro Carbons, Others), Foams (Polyurethane Foam (PU), Polystyrene Foam (PS), Phenolic Foam, Polyolefin Foam, Others), Applications (Building and Construction, Automotive, Furniture, Appliances, Packaging, Other Applications), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026.

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Segmentation: Blowing Agents Market:
Blowing agents market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of customer of blowing agents market for Global, Europe, North America, Asia-Pacific, South America and Middle East and Africa.
In April 2018, Emery Oleochemicals had launched a new product division for pentane blown rigid PUR and PIR foam applications of aromatic-containing EMEROX Polyols. It possess various benefits to rigid foam formulators and other end users such as improved thermal conductivity for aged and initial thermal conductivity at low temperature and the management of blowing agents because of exceptional solubility. It has reduced VOC emissions and excellent renewable content polyester. This launch had improved the competitiveness of rigid foam in the insulation market and met the customers’ expectations.In September 2016, Air Products and Chemicals Inc. had launched a new innovative set of additive and catalyst technologies which allow future consumption of low-Global Warming Potential (GWP) Hydrofluoroolefin (HFO) Blowing Agents in polyurethane foam applications. This launch had expanded the market share of the company as well as driven the revenue of the company.

Major Market Competitors/Players:
Few of the major competitors currently working in the global blowing agents market are The Chemours Company, ZEON CORPORATION, LANXESS, Solvay, Nouryon, HCS Group GmbH, Huntsman International LLC, Honeywell International Inc., AMERICHEM, A-Gas, Arkema Group, Linde plc, Harp International Ltd, DuPont de Nemours Inc., Dow, Akzo Nobel N.V., FSI, Exxon Mobil Corporation, DAIKIN INDUSTRIES Ltd., BASF SE, CHEMSPEC LTD. and 3M among others.

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The key questions answered in this report:
What will be the Market Size and Growth Rate in the forecast year?
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What are the Risks and Challenges in front of the market?
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What are the Trending Factors influencing the market shares?
What is the Key Outcomes of Porter’s five forces model

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