Global foam blowing agents market - Global Industry Analysis, Market Size, Share, Trends, Analysis, Growth and Forecast 2020 - 2027
Foam blowing agents are used in various end-user
industries such as building and construction, automobile, electronics, and food
packaging among others. The growing demand from the developing regions are the
major factors driving the global market of foam blowing agents. The growing
demand from the automobile sector coupled with the increasing government
investments in the infrastructural development is other factors contributing to
the growth of the market. Among the various end-user industry automobile is the
dominant segment and is expected to show the same trend during the forecast
years.
Market Segmentation:
The global foam blowing agents market is segregated
into chemistry, product type, and end-user industry. On the basis of the
chemistry, the global market is segmented into physical foam blowing agents and
chemical foam blowing agents. Among the product type, the global foam blowing
agents market is classified into hydrochlorofluorocarbons (HCFC),
hydrofluorocarbons (HFC), hydro Carbons (HCS), hydrofluoroolefin (HFOS) and
others. On the basis of the application, the global market is segmented into
polyurethane foam (PU), polystyrene foam (PS), phenolic foam, polyolefin foam,
and others.
Market Scenario:
The hydrofluorocarbons (HFCs) segment is the leading
product type in the market and polyurethane is the leading application segment.
The growing usage of polyurethane in a wide range of end-user industries such
as automotive, building & construction, appliances, apparels, flooring, and
furnishing among others is significantly contributing to the growth of the
segment.
Access Report
Deatails @
https://www.marketresearchfuture.com/reports/foam-blowing-agents-market-5487
Regional Analysis:
The global foam blowing agents market is spanned
across five key regions: North America, Europe, Asia Pacific, the Middle East
& Africa and Latin America, . Among these, Asia Pacific holds is the
fastest growing market and is anticipated to continue to show the same trend
during the forecast period. The developing end-user industries in the region
such as automobile and building & construction are expected to boost the
market growth. Moreover, shifting of the manufacturing base owing to the favorable
government regulations in the Asia Pacific region, which has further propelled
the market growth. The key countries contributing to the growth of the foam
blowing agents market are India, China, and Japan. North America is another
dominant region in the market foam blowing agents. The growing adoption rate of
foam blowing agents along with the developed end-user industries is the
substantially contributing to the growth of the market. The key countries
attributing to this growth are U.S. and Canada. European market of foam blowing
agents is mainly driven by the developed automobile and electronics industry.
The growing application of foam blowing agents in the steering wheels, seats,
door panels and others is augmenting the growth of the market in this region.
Competitive Analysis:
Some of the prominent players operating in the global
foam blowing agents market are Arkema S.A. (France), Honeywell International
Inc. (U.S.), Exxon Mobil Corporation (U.S.), E.I. du Pont de Nemours &
Company (U.S.), Haltermann GmbH (Germany), Harp International Ltd. (U.K.),
Daikin Industries Ltd. (Japan), Sinochem Group (China), Solvay S.A. (Belgium),
and ZEON Corporation (Japan) among others.
Request For Sample
Report Here @
https://www.marketresearchfuture.com/sample_request/5487
About Market Research Future:
At Market Research Future (MRFR), we
enable our customers to unravel the complexity of various industries through
our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), &
Consulting Services.
MRFR team have supreme objective to
provide the optimum quality market research and intelligence services to our
clients. Our market research studies by products, services, technologies, applications,
end users, and market players for global, regional, and country level market
segments, enable our clients to see more, know more, and do more, which help to
answer all their most important questions.
In order to stay updated with
technology and work process of the industry, MRFR often plans & conducts
meet with the industry experts and industrial visits for its research analyst
members.
Contact:
Market Research Future
Phone: +16468459312
Comments
Post a Comment