Foam Blowing Agent Trends and Forecast
The future of the global foam blowing agent market looks promising with opportunities in the building and construction, automotive, bedding and furniture, appliance, and packaging markets. The global foam blowing agent market is expected to reach an estimated $2.5 billion by 2030 with a CAGR of 4.9% from 2024 to 2030. The major drivers for this market are increasing consciousness regarding environmental sustainability, escalating need for polyurethane foam in the construction and automotive industries, and significantly growing cold chain infrastructure.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Foam Blowing Agent by Segment
The study includes a forecast for the global foam blowing agent by type, foam type, application, and region.
Foam Blowing Agent Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Hydrocarbons (HCs)
• Hydrochlorofluorocarbons (HCFCs)
• Hydrofluorocarbons (HFCs)
• Hydrofluoroolefin (HFO)
• Others
Foam Blowing Agent Market by Foam Type [Shipment Analysis by Value from 2018 to 2030]:
• Polyurethane Foam
• Polystyrene Foam
• Phenolic Foam
• Polypropylene Foam
• Polyethylene Foam
• Others
Foam Blowing Agent Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Building and Construction
• Automotive
• Bedding and Furniture
• Appliances
• Packaging
• Others
Foam Blowing Agent Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Foam Blowing Agent Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies foam blowing agent companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the foam blowing agent companies profiled in this report include-
• Arkema
• DuPont de Nemours
• Exxon Mobil Corporation
• Foam Supplies
• Harp International
• HCS Group
• Honeywell International
Foam Blowing Agent Market Insights
Lucintel forecasts that hydrocarbon (HCs) will remain the largest segment over the forecast period due to its their zero global warming potential (GWP) and negligible ozone depletion potential (ODP) as compared to fluorocarbons.
Within this market, building and construction will remain the largest segment due to rising emphasis on sustainable construction methods and energy conservation.
APAC is expected to witness highest growth over the forecast period due to rapid urbanization, infrastructure growth, and growing demand for energy-efficient buildings and insulation materials in the region.
Features of the Global Foam Blowing Agent Market
Market Size Estimates: Foam blowing agent market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Foam blowing agent market size by type, foam type, application, and region in terms of value ($B).
Regional Analysis: Foam blowing agent market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, foam types, applications, and regions for the foam blowing agent market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the foam blowing agent market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the foam blowing agent market size?
Answer: The global foam blowing agent market is expected to reach an estimated $2.5 billion by 2030.
Q2. What is the growth forecast for foam blowing agent market?
Answer: The global foam blowing agent market is expected to grow with a CAGR of 4.9% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the foam blowing agent market?
Answer: The major drivers for this market are increasing consciousness regarding environmental sustainability, escalating need for polyurethane foam in the construction and automotive industries, and significantly growing cold chain infrastructure.
Q4. What are the major segments for foam blowing agent market?
Answer: The future of the foam blowing agent market looks promising with opportunities in the building and construction, automotive, bedding and furniture, appliance, and packaging markets.
Q5. Who are the key foam blowing agent market companies?
Answer: Some of the key foam blowing agent companies are as follows:
• Arkema
• DuPont de Nemours
• Exxon Mobil Corporation
• Foam Supplies
• Harp International
• HCS Group
• Honeywell International
Q6. Which foam blowing agent market segment will be the largest in future?
Answer: Lucintel forecasts that hydrocarbon (HCs) will remain the largest segment over the forecast period due to its their zero global warming potential (GWP) and negligible ozone depletion potential (ODP) as compared to fluorocarbons.
Q7. In foam blowing agent market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rapid urbanization, infrastructure growth, and growing demand for energy-efficient buildings and insulation materials in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the foam blowing agent market by type (hydrocarbons (HCs), hydrochlorofluorocarbons (HCFCs), hydrofluorocarbons (HFCs), hydrofluoroolefin (HFO), and others), foam type (polyurethane foam, polystyrene foam, phenolic foam, polypropylene foam, polyethylene foam, and others), application (building and construction, automotive, bedding and furniture, appliances, packaging, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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