Blowing Agent Market by Product Type (Hydrocarbons, Hydrochlorofluorocarbons, Hydrofluorocarbons), Chemistry (Chemical, Physical), Foam Type, Application - Global Forecast 2023-2030

Blowing Agent Market by Product Type (Hydrocarbons, Hydrochlorofluorocarbons, Hydrofluorocarbons), Chemistry (Chemical, Physical), Foam Type, Application - Global Forecast 2023-2030


The Blowing Agent Market is projected to reach USD 3.18 billion by 2030 from USD 1.51 billion in 2022, at a CAGR of 9.67% during the forecast period.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Blowing Agent Market.
  • Based on Product Type, market is studied across Hydrocarbons, Hydrochlorofluorocarbons, Hydrofluorocarbons, and Hydrofluoroolefins. The Hydrofluorocarbons is projected to witness significant market share during forecast period.
  • Based on Chemistry, market is studied across Chemical and Physical. The Chemical is projected to witness significant market share during forecast period.
  • Based on Foam Type, market is studied across Phenolic Foam, Polyethylene Foam, Polypropylene Foam, Polystyrene Foam, and Polyurethane Foam. The Polyurethane Foam is projected to witness significant market share during forecast period.
  • Based on Application, market is studied across Appliances, Automotive, Bedding & Furniture, Building & Construction, and Packaging. The Building & Construction is projected to witness significant market share during forecast period.
  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.75% in 2022, followed by Europe, Middle East & Africa.
Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Blowing Agent Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Blowing Agent Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Blowing Agent Market, highlighting leading vendors and their innovative profiles. These include Ajanta Group, Arkema SA, A‑Gas International Limited, BASF SE, DuPont de Nemours, Inc., EIWA CHEMICAL IND.CO.,LTD., ExxonMobil Corporation, Foam Supplies, Inc., Harp International Ltd., HCS Group, Honeywell International Inc., Huntsman International LLC, J B Industries, KibbeChem, Inc, Kumyang Co., Ltd., Lanxess AG, Linde PLC, Mathiesen Group, Milliken & Company, Mitsubishi Gas Chemical Company, Inc., SHANDONG REPOLYFINE ADDITIVES CO.,LTD, Sinochem Group Co. Ltd, Solvay SA, Sundow Polymers Co., Ltd, and The Chemours Company.

The report offers valuable insights on the following aspects:
  1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
  1. What is the market size and forecast for the Blowing Agent Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Blowing Agent Market?
  3. What is the competitive strategic window for identifying opportunities in the Blowing Agent Market?
  4. What are the latest technology trends and regulatory frameworks in the Blowing Agent Market?
  5. What is the market share of the leading vendors in the Blowing Agent Market?
  6. Which modes and strategic moves are suitable for entering the Blowing Agent Market?


Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Blowing Agent Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising demand for polymeric foam and use of blowing agents in these foams
5.1.1.2. Increasing adoption in packaging of consumer goods and consumer electronics
5.1.1.3. Growing automotive sales and demand for lightweight vehicle parts
5.1.2. Restraints
5.1.2.1. Fluctuating costs of raw materials and rising cost of production
5.1.3. Opportunities
5.1.3.1. Emergence of advanced technologies to develop blowing agent
5.1.3.2. Rapid shifting toward environment-friendly blowing agents
5.1.4. Challenges
5.1.4.1. Environmental impacts associated with blowing agents
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Blowing Agent Market, by Product Type
6.1. Introduction
6.2. Hydrocarbons
6.3. Hydrochlorofluorocarbons
6.4. Hydrofluorocarbons
6.5. Hydrofluoroolefins
7. Blowing Agent Market, by Chemistry
7.1. Introduction
7.2. Chemical
7.3. Physical
8. Blowing Agent Market, by Foam Type
8.1. Introduction
8.2. Phenolic Foam
8.3. Polyethylene Foam
8.4. Polypropylene Foam
8.5. Polystyrene Foam
8.6. Polyurethane Foam
9. Blowing Agent Market, by Application
9.1. Introduction
9.2. Appliances
9.3. Automotive
9.4. Bedding & Furniture
9.5. Building & Construction
9.6. Packaging
10. Americas Blowing Agent Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Blowing Agent Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Blowing Agent Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. Ajanta Group
14.1.2. Arkema SA
14.1.3. A‑Gas International Limited
14.1.4. BASF SE
14.1.5. DuPont de Nemours, Inc.
14.1.6. EIWA CHEMICAL IND.CO.,LTD.
14.1.7. ExxonMobil Corporation
14.1.8. Foam Supplies, Inc.
14.1.9. Harp International Ltd.
14.1.10. HCS Group
14.1.11. Honeywell International Inc.
14.1.12. Huntsman International LLC
14.1.13. J B Industries
14.1.14. KibbeChem, Inc
14.1.15. Kumyang Co., Ltd.
14.1.16. Lanxess AG
14.1.17. Linde PLC
14.1.18. Mathiesen Group
14.1.19. Milliken & Company
14.1.20. Mitsubishi Gas Chemical Company, Inc.
14.1.21. SHANDONG REPOLYFINE ADDITIVES CO.,LTD
14.1.22. Sinochem Group Co. Ltd
14.1.23. Solvay SA
14.1.24. Sundow Polymers Co., Ltd
14.1.25. The Chemours Company
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings