The analysts forecast the global blowing agents market to grow at a CAGR of 5.3% during the period 2018-2022.
Blowing agents are the additives used in the manufacturing of foams that create cellular structure in the material using foaming process. These blowing agents are used to generate a gas to expand rubber, plastics, and ceramics into foams.
The report covers the present scenario and the growth prospects of the global blowing agents market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
One trend in the market is increasing alternatives to HFCs and HCFCs. HCFCs are stable and unreactive. They are mainly used as an alternative for CFCs as their chemical structure is very similar.
One driver in the market is growth of construction and automotive industries in APAC. The governments of countries such as India and China are taking initiatives to encourage the development of infrastructure, which is driving the growth of the construction industry in APAC.
The report states that one challenge in the market is increasing use of blowing agents in unauthorized sectors. Blowing agents are widely used by almost every industry due to their properties, which positively impact the finished products, such as weight reduction. Due to such benefits and their availability at low prices, unauthorized sectors are also using blowing agents, which is a big challenge currently faced by the global blowing agents market.
- Exxon Mobil
- Honeywell International
- The Linde Group
- DAIKIN INDUSTRIES
Key Topics Covered:
01. Executive Summary
02. Scope Of The Report
03. Research Methodology
05. Market Landscape
06. Market Sizing
07. Five Forces Analysis
08. Market Segmentation By Application
09. Market Segmentation By Product
10. Customer Landscape
11. Regional Landscape
12. Decision Framework
13. Drivers And Challenges
14. Market Trends
15. Vendor Landscape
16. Vendor Analysis
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