Foam Blowing Agents Market 2018 Top Key Players AkzoNobel N.V., Haltermann GmBH, Honeywell International Inc., Solvay S.A., Exxon Mobil Corporation, Sinochem Group, ZEON Corporation, Daikin Industries Ltd, Arkema S.A
U.S. foam blowing agents market could be valued at more than USD 100 million by 2024. Well-established healthcare industry, consumer awareness regarding medical devices and improved living standards are the factors favoring market demand.
(EMAILWIRE.COM, August 03, 2018 ) Surging demand for polymeric foam and the massive usage of foam blowing agents in its manufacturing process will augment Foam Blowing Agents industry. These agents are essentially used to provide a firm cellular structure to foam substrates, subject to the numerous benefits they provide, such as less product weight, high acoustic insulation, reduced material usage, and excellent thermal insulation. They are also used in methylal, methyl formate, and other eco-friendly products, which will impel foam blowing agents industry size.
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Of late, the demand for polymeric foam has observed an increase across the construction and appliance sectors. Foam blowing agents are widely used in the manufacturing process of polymeric foam, which is expected to enhance the growth of foam blowing agents industry. In addition, the extensive growth of polyurethanes (PU) market and other product based foam industries is expected to generate lucrative opportunities for market players. The increasing application of polymeric foams across the rapidly developing flooring market will also propel foam blowing agents industry, slated to cross a revenue of USD 1.1 billion by 2024, growing at a CAGR of 7% over 2016-2024.
Foam blowing agents find extensive applications across the polyurethane, polyolefin, and polystyrene industries. They are used to manufacture polyurethane foams that find applications across the flooring, construction, automotive, packaging, furnishing, hospitality, and medical devices sectors. Pertaining to the enhanced lifestyles and spending capabilities of consumers, foam blowing agents market size from polyurethane applications is expected to grow significantly over 2016-2024. Polystyrene and PU applications together accounted for a share USD 450 million in foam blowing agents industry in 2015.
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Subject to the rapidly advancing automotive, medical, and hospitality sectors, Europe foam blowing agents market, despite being at an initial stage of development, will grow at a substantial growth rate over the years to come. The regional market contributed to more than 15% of the overall industry in 2015.
Speaking along similar lines, hydrocarbons, a key product of foam blowing agents market, is heavily deployed in polyurethane foaming across the appliances, construction, hospitality, automotive, and flooring sectors, subject to which they contributed to more than 50% of the total revenue in 2015. Foam blowing agents market share from hydrocarbons was worth USD 200 million in 2015, is anticipated to grow at a rate of 7% over 2016-2024.
Browse key industry insights spread across 110 pages with 144 market data tables & 13 figures & charts from the report, “Foam Blowing Agents Market Size By Product (Hydrocarbons, Hydrofluorocarbons [HFC], Hydrochlorofluorocarbons [HCFC]), By Application (Polyurethane, Polystyrene, Polyolefin), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/foam-blowing-agents-market
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1123
Of late, the demand for polymeric foam has observed an increase across the construction and appliance sectors. Foam blowing agents are widely used in the manufacturing process of polymeric foam, which is expected to enhance the growth of foam blowing agents industry. In addition, the extensive growth of polyurethanes (PU) market and other product based foam industries is expected to generate lucrative opportunities for market players. The increasing application of polymeric foams across the rapidly developing flooring market will also propel foam blowing agents industry, slated to cross a revenue of USD 1.1 billion by 2024, growing at a CAGR of 7% over 2016-2024.
Foam blowing agents find extensive applications across the polyurethane, polyolefin, and polystyrene industries. They are used to manufacture polyurethane foams that find applications across the flooring, construction, automotive, packaging, furnishing, hospitality, and medical devices sectors. Pertaining to the enhanced lifestyles and spending capabilities of consumers, foam blowing agents market size from polyurethane applications is expected to grow significantly over 2016-2024. Polystyrene and PU applications together accounted for a share USD 450 million in foam blowing agents industry in 2015.
Make an Inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1123
Subject to the rapidly advancing automotive, medical, and hospitality sectors, Europe foam blowing agents market, despite being at an initial stage of development, will grow at a substantial growth rate over the years to come. The regional market contributed to more than 15% of the overall industry in 2015.
Speaking along similar lines, hydrocarbons, a key product of foam blowing agents market, is heavily deployed in polyurethane foaming across the appliances, construction, hospitality, automotive, and flooring sectors, subject to which they contributed to more than 50% of the total revenue in 2015. Foam blowing agents market share from hydrocarbons was worth USD 200 million in 2015, is anticipated to grow at a rate of 7% over 2016-2024.
Browse key industry insights spread across 110 pages with 144 market data tables & 13 figures & charts from the report, “Foam Blowing Agents Market Size By Product (Hydrocarbons, Hydrofluorocarbons [HFC], Hydrochlorofluorocarbons [HCFC]), By Application (Polyurethane, Polystyrene, Polyolefin), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/foam-blowing-agents-market
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results