発泡剤の世界市場規模：製品タイプ別、フォームタイプ別、用途別、地域範囲別および予測

発泡剤の市場規模と予測

発泡剤の市場規模は、2024年に13億6,000万米ドルと評価され、2026～2032年にかけてCAGR 9.07%で成長し、2032年には27億2,000万米ドルに達すると予測されています。

発泡剤は、ゴム、プラスチック、セラミックなどの材料を膨張させるガスを発生させ、発泡体を形成するために広く使用されている化学添加剤です。得られる発泡体には、軽量性、断熱性、吸音性、衝撃吸収性、柔軟性、電気絶縁性、浸透性など、数多くの利点があります。

これらの利点により、発泡剤は様々な用途で重宝され、自動車、航空宇宙、建築・建設などの主要最終用途セグメントでの需要を牽引しています。

自動車産業では、発泡剤は自動車の性能と効率を高める部品の製造に不可欠です。自動車を軽量化することで、発泡剤は燃費の向上と排出ガスの削減に貢献します。発泡剤は主にシート、プラスチック内装、ウェザーストリップの製造に使用され、必要な断熱性とクッション性を記載しています。

このセグメントにおける発泡剤の需要は、有害な排出ガスの抑制を目的とした厳しい環境規制によってさらに強化されています。例えば、インドのBharat Stage Emission Standards（BSES）や中国の国家環境保護局（SEPA）は、エコフレンドリー材料や技術の採用を促進する上で極めて重要です。

航空宇宙セグメントも発泡剤の使用から大きな利益を得ています。発泡剤はエンジンタービンの製造に使用され、最終製品の品質を高めながら原料コストの削減に貢献しています。

発泡剤の軽量な性質は、燃費と性能の向上に貢献するため、航空宇宙用途では特に有利です。この特性と、高品質かつコスト効率に優れた材料へのニーズが相まって、航空機産業における発泡剤需要の増加を牽引しています。

建築セグメントでは、発泡剤はその絶縁特性、高い機械的強度、より薄く効率的な構造物を作る能力から不可欠なものです。これらの特性により、発泡剤は建築物の断熱材として理想的であり、住宅や商業ビルのエネルギー効率と快適性の向上に貢献します。

建設活動が拡大し、サステイナブル建築プラクティスへの注目が高まるにつれ、発泡剤の使用は拡大し、評価期間中の市場拡大に拍車がかかると予想されます。

発泡剤の世界市場力学

発泡剤の世界市場を形成している主要市場力学は以下の通りです。

主要市場促進要因

生活水準の向上：世界の生活水準の向上も市場成長の主要因です。人々の生活環境が改善するにつれて、購買力平価が上昇し、家具や床材などの産業にプラスの影響を与えています。可処分所得が増えることで、消費者はより質の高い住宅や建材に投資できるようになり、これらの建材には先進的発泡剤が使われていることが多いです。この動向は今後も続き、発泡剤の世界市場を押し上げると予想されます。

航空機生産の急増：航空宇宙産業では、発泡剤はタービンハウジングやブレードのような重要な航空機部品の保護に不可欠です。これらの部品は、摩耗を減らして耐久性を高めるために、発泡ポリウレタンの多層コーティングを必要とします。旅客輸送量の増加を背景とした新型航空機の需要拡大により、航空機の納入数は大幅に増加しています。この生産量の急増が、航空宇宙セグメントにおける発泡剤の使用増加の大きな要因となっています。

高級車と中級車の需要増加：自動車産業では、ライフスタイルの変化、急速な都市化、世界の可処分所得の増加を背景に、高級車と中級車の需要が急増しています。こうした需要の高まりが発泡剤のニーズを後押ししており、ワイパーカウルやサイドスカートなど、さまざまな自動車部品の製造に幅広く使用されています。自動車セグメントでの発泡剤の使用は、これらの部品の品質を高めるだけでなく、自動車全体の性能や効率にも貢献しています。

ポリマーフォーム市場の拡大：ポリマーフォーム市場は、自動車、建築・建設、海運、運輸、民生用電子機器、寝具・家具、包装などのセグメントを網羅し、拡大しています。この成長により、発泡剤の利用が増加しています。特に南米、中東・アフリカ、アジア太平洋などの地域では、消費者の意識と高品質ポリマー製品に対する需要が高まり続けており、発泡剤に対するニーズは大幅に拡大すると予想されます。

生活水準の向上と購買力の影響：世界の生活水準の全体的な向上と購買力平価の上昇は、床材・家具産業に顕著な影響を与えています。消費者は、しばしば先進的発泡剤の使用を必要とする優れた品質の製品を選ぶようになっています。この動向は、高性能で耐久性のある材料への需要が高まる中で、発泡剤の世界市場拡大を後押しすると予想されます。

航空機生産の増加：航空宇宙産業は、依然として発泡剤の主要なエンドユーザーのひとつです。タービンハウジングやブレードなどの航空機部品は、摩耗を防ぎ長期的な性能を確保するために発泡ポリウレタン保護コーティングを必要とします。旅客輸送量の増加を背景とした新型航空機の需要の高まりにより、航空機の納入率が上昇しています。この増加傾向は、航空宇宙産業における発泡剤の需要を大幅に押し上げ、最新の航空機製造における発泡剤の重要な役割を浮き彫りにしています。

主要課題

厳しい政府規制：ハイドロクロロフルオロカーボン（HCFC）やクロロフルオロカーボン（CFC）などの物理発泡剤は、発泡体製造に有効であるため、歴史的に広く使用されてきました。しかし、これらの物質がオゾン層破壊の主要原因物質であることが明らかになり、その生産と使用を規制することを目的とした厳しい規制や法律が施行されるに至りました。モントリオール議定書のような国際協定を含むこれらの規制は、オゾン層破壊物質（ODS）の使用を段階的に廃止し、環境への影響を緩和することを目的としています。

政府規制の強化：政府規制の強化とそれに伴うコスト上昇は、発泡剤市場の成長を抑制する主要因です。モントリオール議定書などの環境規則や、さまざまな地域・国の規制により、発泡剤の選定を頻繁に変更する必要があります。これらの規制は、ハイドロフルオロカーボン（HFC）やハイドロフルオロオレフィン（HFO）のような環境負荷の低い代替物質の使用を促進することで、オゾン層へのダメージを最小限に抑えることを目的としています。

COVID-19の市場成長への影響：COVID-19の大流行は、輸送と製造部門の停止により発泡剤の需要に大きな影響を与えました。様々な産業における発泡製品の生産量の減少と消費量の減少により、発泡剤の需要は大幅に減少しました。需給バランスを取り在庫の積み上がりを避けるため、多くの発泡剤メーカーは工場の稼働率を下げています。産業がパンデミックの影響から徐々に回復するにつれ、この稼働率の低下は当面続くと予想されます。さらに、原料コストの変動も市場力学をさらに複雑にしています。

市場拡大の課題：発泡剤市場の拡大は、主に政府規制の強化やコストの上昇により、複数のハードルに直面しています。モントリオール議定書のような環境規制状況に加え、国や地域の法規制に対応するために発泡剤の嗜好が頻繁に変更されることが、複雑な規制状況を生み出しています。これらの規制は、特にオゾン層破壊に関する発泡剤の環境への影響を減らすことを目的としています。例えば、これらの規制の主要目的は、HCFCやCFCのような従来型発泡剤による被害を最小限に抑えることであり、HFCやHFOのような代替物の使用を奨励することです。

主要動向

エコフレンドリー発泡剤への嗜好の変化：近年、エコフレンドリー発泡剤への需要が急速に高まっており、この傾向は今後も続くと予想されます。この変化は、環境意識の高まりと気候変動への対応の必要性によってもたらされています。その結果、産業参加者には、エコフレンドリー発泡剤を革新的に生産する大きな機会があります。さらに、環境保護に焦点を当てた政府の規制や義務付けにより、エコフレンドリー発泡剤の使用が強制されています。

自動車産業からの需要の高まり：自動車産業は、燃費の向上と排出ガスの削減を目的に、自動車の軽量化をますます重視するようになっています。この動向は、断熱材やシートなど様々な自動車部品の製造に使用される発泡剤の需要を牽引しています。発泡剤は軽量でありながら強靭な発泡体を製造できるため、自動車の性能と燃費を向上させるのに理想的です。

発泡剤の性能向上：継続的な研究開発により、断熱性、難燃性、機械的強度などの特性が向上した発泡剤が開発されています。こうした改良により、発泡剤はより汎用性が高く、さまざまな用途に効果的に使用できるようになり、市場の普及を後押ししています。

先進的製造プロセス：ナノテクノロジーやバイオテクノロジーを含む先端技術の採用は、新しい発泡剤配合の開発に革命をもたらしています。このような最先端の製造プロセスにより、優れた性能特性を持つ発泡剤の生産が可能になり、最終用途産業の進化する要求に応えることができます。

目次

第1章 イントロダクション

• 市場の定義
• 市場セグメンテーション
• 調査手法

第2章 エグゼクティブサマリー

• 主要調査結果
• 市場概要
• 市場ハイライト

第3章 市場概要

• 市場規模と成長の可能性
• 市場動向
• 市場促進要因
• 市場抑制要因
• 市場機会
• ポーターのファイブフォース分析

第4章 発泡剤市場：製品タイプ別

• ハイドロクロロフルオロカーボン（HCFC）
• ハイドロフルオロカーボン（HFC）
• 炭化水素（HC）
• ハイドロフルオロオレフィン（HFOs）

第5章 発泡剤市場：フォームタイプ別

• ポリウレタンフォーム
• ポリスチレンフォーム
• フェノールフォーム
• ポリプロピレンフォーム
• ポリエチレンフォーム

第6章 発泡剤市場：用途別

• 建築・建設
• 自動車
• 寝具、家具
• 民生用電子機器製品
• 包装

第7章 地域分析

• 北米
• 米国
• カナダ
• メキシコ
• 欧州
• 英国
• ドイツ
• フランス
• イタリア
• アジア太平洋
• 中国
• 日本
• インド
• オーストラリア
• ラテンアメリカ
• ブラジル
• アルゼンチン
• チリ
• 中東・アフリカ
• 南アフリカ
• サウジアラビア
• アラブ首長国連邦

第8章 市場力学

• 市場促進要因
• 市場抑制要因
• 市場機会
• COVID-19の市場への影響

第9章 競合情勢

• 主要企業
• 市場シェア分析

第10章 企業プロファイル

• Honeywell International Inc.
• The Chemours Company
• Arkema
• Sinochem Group Co. Ltd.
• Nouryon
• Solvay SA
• Exxon Mobil Corporation
• Linde plc
• Daikin Industries Ltd.
• Haltermann Carless
• Foam Supplies Inc.
• Harp International Ltd.

第11章 市場展望と機会

• 新興技術
• 今後の市場動向
• 投資機会

第12章 付録

• 略語リスト
• 供給源と参考文献

Blowing Agent Market Size And Forecast

Blowing Agent Market size was valued at USD 1.36 Billion in 2024 and is projected to reach USD 2.72 Billion by 2032, growing at a CAGR of 9.07% from 2026 to 2032.

Blowing agents are chemical additives widely used to generate gas that expands materials such as rubber, plastics, and ceramics, leading to foam formation. The resulting foam offers numerous advantages, including lightweight properties, heat insulation, sound and shock absorbency, flexibility, electrical insulation, and permeability.

These benefits make blowing agents invaluable in various applications, driving their demand across major end-use sectors such as automotive, aerospace, and building & construction.

In the automotive industry, blowing agents are critical for manufacturing components that enhance vehicle performance and efficiency. By making vehicles lighter, these agents contribute to improved fuel economy and reduced emissions. They are primarily used in producing seats, plastic interiors, and weather strips, where they provide necessary insulation and cushioning.

The demand for blowing agents in this sector is further bolstered by stringent environmental regulations aimed at curbing harmful emissions. For instance, India's Bharat Stage Emission Standards (BSES) and China's State Environmental Protection Administration (SEPA) are pivotal in promoting the adoption of environmentally friendly materials and technologies.

The aerospace sector also sees significant benefits from the use of blowing agents. These agents are employed in the production of engine turbines, where they help reduce raw material costs while enhancing the quality of the final product.

The lightweight nature of blowing agents is particularly advantageous in aerospace applications, as it contributes to improved fuel efficiency and performance. This characteristic, coupled with the need for high-quality, cost-effective materials, is driving increased demand for blowing agents in the aircraft industry.

In the construction sector, blowing agents are essential due to their insulating properties, high mechanical strength, and ability to create thinner, more efficient structures. These attributes make them ideal for use in building insulation, contributing to energy efficiency and comfort in residential and commercial buildings.

As construction activities expand and the focus on sustainable building practices intensifies, the use of blowing agents is expected to grow, fueling market expansion over the assessment period.

Global Blowing Agent Market Dynamics

The key market dynamics that are shaping the global Blowing Agent Market include:

Key Market Drivers

Growing Living Standards: The rising living standards globally are another major driver of market growth. As people's living conditions improve, there is a corresponding increase in purchasing power parity, which has positively impacted industries such as furnishing and flooring. The higher disposable income allows consumers to invest in better quality homes and building materials, which often incorporate advanced blowing agents. This trend is expected to continue, boosting the global market for blowing agents.

Rapid Increase in Aircraft Production: In the aerospace industry, blowing agents are vital for protecting essential aircraft components like turbine housings and blades. These parts require multiple layers of polyurethane foam coatings to reduce abrasion and enhance durability. The growing demand for new aircraft, driven by an increase in passenger traffic, has led to a significant rise in aircraft deliveries. This surge in production is a substantial factor in the increased use of blowing agents within the aerospace sector.

Rising Demand for Luxury and Mid-Segment Cars: The automotive industry is experiencing a surge in demand for both luxury and mid-segment vehicles, fueled by changing lifestyles, rapid urbanization, and increasing disposable income worldwide. This heightened demand is driving the need for blowing agents, which are extensively used in manufacturing various automotive components such as wiper cowls, side skirts, and more. The use of blowing agents in the automotive sector not only enhances the quality of these components but also contributes to overall vehicle performance and efficiency.

Expansion of the Polymeric Foam Market: The polymeric foam market, encompassing sectors like automotive, building & construction, maritime, transportation, appliances, bedding & furniture, and packaging, is expanding. This growth facilitates the increased utilization of blowing agents, which are crucial in the production of these foams. As consumer awareness and demand for high-quality polymeric products continue to rise, particularly in regions like South America, the Middle East & Africa, and Asia Pacific, the need for blowing agents is expected to grow significantly.

Influence of Rising Living Standards and Purchasing Power: The overall improvement in global living standards and the rise in purchasing power parity have notably impacted the flooring and furnishing industries. Consumers are increasingly opting for superior quality products that often require the use of advanced blowing agents. This trend is anticipated to support the global market expansion for blowing agents, as the demand for high-performance, durable materials grows.

Increasing Aircraft Production: The aerospace sector remains one of the primary end-users of blowing agents. Aircraft components such as turbine housings and blades require protective polyurethane foam coatings to prevent abrasion and ensure long-term performance. The escalating demand for new aircraft, driven by increased passenger traffic, has resulted in a higher rate of aircraft deliveries. This uptrend is significantly boosting the demand for blowing agents in the aerospace industry, highlighting their crucial role in modern aircraft manufacturing.

Key Challenges

Stringent Government Regulation: The use of physical blowing agents such as hydrochlorofluorocarbons (HCFCs) and chlorofluorocarbons (CFCs) has historically been widespread due to their effectiveness in foam production. However, these substances have been identified as major contributors to ozone depletion, leading to the implementation of stringent regulations and laws aimed at controlling their production and use. These regulations, including international agreements like the Montreal Protocol, are designed to phase out the use of ozone-depleting substances (ODS) and mitigate their environmental impact.

Increasing Stringent Government Regulations: The tightening of government regulations and the associated higher costs are major restraining factors for the growth of the blowing agents market. Environmental rules such as the Montreal Protocol, along with various regional and national regulations, require frequent changes in the selection of blowing agents. These regulations aim to minimize damage to the ozone layer by promoting the use of alternative substances like hydrofluorocarbons (HFCs) and hydrofluoroolefins (HFOs) that have lower environmental impacts.

Impact of COVID-19 on Market Growth: The COVID-19 pandemic has had a profound impact on the demand for blowing agents due to the halt in transportation and manufacturing sectors. The decline in production and reduced consumption of foam products across various industries has led to a significant drop in demand for blowing agents. To balance supply and demand and avoid inventory buildup, many blowing agent manufacturers have been operating their plants at reduced capacity. This lower utilization rate is expected to continue in the near term as industries gradually recover from the pandemic's effects. Additionally, fluctuations in the costs of raw materials present another challenge, further complicating market dynamics.

Challenges in Market Expansion: The expansion of the blowing agents market faces multiple hurdles, primarily due to increasingly stringent government regulations and rising costs. The frequent changes in blowing agent preferences to meet national and regional legislation, alongside environmental protocols like the Montreal Protocol, create a complex regulatory landscape. These regulations aim to reduce the environmental impact of blowing agents, particularly concerning ozone layer depletion. For instance, the primary objective of these regulations is to minimize the damage caused by traditional blowing agents like HCFCs and CFCs by encouraging the use of alternatives such as HFCs and HFOs.

Key Trends

Shifting Preference Towards Environment-Friendly Blowing Agents: In recent years, there has been a rapidly increasing demand for environment-friendly blowing agents, a trend that is anticipated to continue in the upcoming years. This shift is driven by growing environmental awareness and the need to address climate change. As a result, there is a significant opportunity for industry participants to innovate and produce eco-friendly blowing agents. Furthermore, governmental regulations and mandates focused on environmental protection are enforcing the use of eco-friendly blowing agents.

Rising Demand from Automotive Industry: The automotive industry is increasingly emphasizing the production of lightweight vehicles to improve fuel efficiency and reduce emissions. This trend is driving the demand for blowing agents, which are used in the manufacturing of various automotive components such as insulation materials and seating. The ability of blowing agents to produce lightweight yet strong foams makes them ideal for enhancing vehicle performance and fuel economy.

Improved Blowing Agent Performance: Ongoing research and development efforts are leading to the creation of blowing agents with enhanced properties such as better thermal insulation, flame retardancy, and mechanical strength. These improvements make blowing agents more versatile and effective across various applications, driving their market adoption.

Advanced Manufacturing Processes: The adoption of advanced technologies, including nanotechnology and biotechnology, is revolutionizing the development of novel blowing agent formulations. These cutting-edge manufacturing processes enable the production of blowing agents with superior performance characteristics, meeting the evolving demands of end-use industries.

Global Blowing Agent Market Regional Analysis

Here is a more detailed regional analysis of the global Blowing Agent Market:

Asia Pacific

Asia Pacific is dominating the global Blowing Agent Market driven by rapid industrialization and urbanization, which are fueling the demand for blowing agents across various sectors, including construction, automotive, and packaging.

Countries such as China, Japan, and India, which are home to significant automotive manufacturing centers, play a crucial role in the region's dominance in the Blowing Agent Market.

The increasing population and rising disposable incomes in nations like China, India, and Indonesia have led to a surge in residential housing projects. This boom in the housing sector has, in turn, driven up the demand for construction activities, which heavily rely on blowing agents for insulation and other applications.

The robust economic growth in these countries has also resulted in enhanced lifestyle standards, contributing to the increased consumption of various products that utilize blowing agents.

Economic development in the Asia-Pacific region has led to significant investments in the construction and manufacturing industries.

As a result, there is a heightened demand for blowing agents used in the production of insulation materials, cushioning, and other essential components in these sectors. The construction industry, in particular, benefits from the use of blowing agents in creating energy-efficient buildings, thereby driving market growth.

The economic growth in the region has also spurred the expansion of the appliances, bedding, and furniture industries. These industries extensively use foaming agents in their products to enhance comfort, durability, and performance.

The rising disposable incomes and improved lifestyle standards have increased consumer demand for high-quality home appliances and furniture, further boosting the market for foaming agents.

With ongoing economic development, the Asia-Pacific region is making significant investments in its construction, manufacturing, and automotive industries. These sectors are heavily dependent on foaming agents for the production and manufacturing of their end products.

For instance, in the automotive industry, blowing agents are crucial for producing lightweight components that improve fuel efficiency. Similarly, in the construction industry, blowing agents are essential for creating high-performance insulation materials.

North America

North America is poised to be the fastest-growing region in the blowing agents market during the forecast period owing to the increasing

Rising demand from end-user industries, evolving regulations, and technological advancements along with stringent building codes and energy efficiency laws are driving the need for high-performance insulation materials, significantly boosting the market for blowing agents.

The demand for blowing agents in North America is propelled by a wide range of end-user industries, particularly those utilizing polymer foams.

High demand for polyurethane blowing agents, used extensively in construction, automotive, and packaging industries, is a key driver of market growth. These agents are crucial in enhancing the thermal insulation properties of foam materials, which are essential for energy conservation in buildings and vehicles.

Strict building requirements and energy efficiency regulations in North America are major factors driving the market for blowing agents. Regulations such as LEED (Leadership in Energy and Environmental Design) and ENERGY STAR certification mandate the use of materials that improve energy efficiency. Blowing agents play a critical role in achieving these standards by enhancing the thermal insulation qualities of foam materials used in construction.

Global environmental challenges, such as global warming and ozone layer depletion, are also influencing the demand for blowing agents in North America. The U.S. administration is implementing stringent environmental legislation to curb greenhouse gas emissions.

This has led to a growing demand for low Global Warming Potential (GWP) and zero or low Ozone Depletion Potential (ODP) blowing agents. These eco-friendly alternatives are gaining traction as industries strive to meet regulatory requirements and reduce their environmental footprint.

Technological advancements in the production and formulation of blowing agents are creating new opportunities for market growth. Innovations aimed at developing blowing agents with lower environmental impact and higher performance are driving the industry forward.

The creation of low GWP and low ODP blowing agents is particularly significant, providing ample prospects for business growth as companies seek to align with environmental regulations and market demands.

Global Blowing Agent Market: Segmentation Analysis

The Global Blowing Agent Market is segmented on the basis of Product Type, Foam Type, Application, And Geography.

Blowing Agent Market, By Product Type

• Hydrochlorofluorocarbons (HCFCs)
• Hydrofluorocarbons (HFCs)
• Hydrocarbons (HCs)
• Hydrofluoroolefins (HFOs)

Based on Product Type, The market is segmented into Hydrochlorofluorocarbons (HCFCs), Hydrofluorocarbons (HFCs), Hydrocarbons (HCs), and Hydrofluoroolefins (HFOs). The hydrocarbons segment showing significant growth in the Global Glowing Agent Market. Hydrocarbons include a diverse range of compounds derived from petroleum or natural gas. These compounds, such as butanes, pentanes, and isopentanes, are extensively used as blowing agents due to their low cost, compatibility with various polymer matrices, and a more favorable environmental profile compared to some other types of blowing agents. During the manufacturing process, these hydrocarbons vaporize and expand, creating cellular structures within materials like polyurethane foams. The hydrocarbons segment is experiencing steady growth, especially in applications that require high insulation properties, such as refrigeration and construction.

Blowing Agent Market, By Foam Type

• Polyurethane Foam
• Polystyrene Foam
• Phenolic Foam
• Polypropylene Foam
• Polyethylene Foam

Based on Foam Type, The market is segmented into Polyurethane Foam, Polystyrene Foam, Phenolic Foam, Polypropylene Foam, and Polyethylene Foam. The Polyurethane Foam segment showing significant growth in the Global Glowing Agent Market owing to its versatility and extensive applications across various industries. Polyurethane foams are produced through the reaction of polyols and isocyanates with blowing agents, resulting in materials that offer exceptional insulation properties, lightweight characteristics, and durability. These foams are widely used in numerous applications, including insulation panels for buildings, thermal insulation for refrigeration appliances, cushioning materials in furniture and automotive interiors, and core materials in composite structures. The demand for polyurethane foams is primarily driven by the expanding construction sector, where energy-efficient insulation materials are vital for sustainable building practices.

Blowing Agent Market, By Application

• Building And Construction
• Automotive
• Bedding And Furniture
• Appliances
• Packaging

Based on Application, The market is segmented into Building And Construction, Automotive, Bedding And Furniture, Appliances, and Packaging. The Building and Construction segment showing significant growth in the Global Agent Market driven by the major consumer of blowing agents. Blowing agents are widely used in construction materials, including insulation foams, sealants, and adhesives, to enhance thermal efficiency and structural integrity. With the increasing focus on sustainable building practices and energy conservation, the demand for eco-friendly blowing agents in the construction sector is rapidly rising. These agents are essential for improving the thermal insulation properties of buildings, reducing energy consumption for heating and cooling, and minimizing environmental impact.

Blowing Agent Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the World

Based on Geography, The Global Blowing Agent Market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific is dominating the global Blowing Agent Market driven by rapid industrialization and urbanization, which are fueling the demand for blowing agents across various sectors, including construction, automotive, and packaging. Countries such as China, Japan, and India, which are home to significant automotive manufacturing centers, play a crucial role in the region's dominance in the Blowing Agent Market. The increasing population and rising disposable incomes in nations like China, India, and Indonesia have led to a surge in residential housing projects. This boom in the housing sector has, in turn, driven up the demand for construction activities, which heavily rely on blowing agents for insulation and other applications.

Key Players

The "Global Blowing Agent Market" study report will provide valuable insight emphasizing the global market. The major players in the market are Honeywell International Inc., The Chemours Company, Arkema, Sinochem Group Co. Ltd., Nouryon, Solvay SA, Exxon Mobil Corporation, Linde plc, Daikin Industries, Ltd., Haltermann Carless, Foam Supplies, Inc., and Harp International Ltd.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis.

• Blowing Agent Market Recent Developments
• In June 2023, DuPont changed StyrofoamTM Brand Insulation by developing an upgraded formulation that uses an optimized HFO-based, low-GWO blowing agent. This formulation achieves a variety of product properties, including mechanical strength, moisture resistance, and fire resistance.
• In August 2023, Honeywell said that Al-Essa Industrial Company, a Saudi Arabia-based appliance producer, has used Honeywell Solstice Liquid Blowing Agent (LBA) to insulate its goods.
• In June 2021, Arkema said that it would expand its production capacity for the insulation foam-blowing agent Hydrofluoroolefin 1233zd (HFO-1233zd) in China and the United States.
• In March 2021, Milliken announced the acquisition of Zebra Chem, a blowing agent manufacturer based in Germany. This strategic initiative is projected to greatly increase Milliken's production capacity for blowing agents.

TABLE OF CONTENTS

1. Introduction

• Market Definition
• Market Segmentation
• Research Methodology

2. Executive Summary

• Key Findings
• Market Overview
• Market Highlights

3. Market Overview

• Market Size and Growth Potential
• Market Trends
• Market Drivers
• Market Restraints
• Market Opportunities
• Porter's Five Forces Analysis

4. Blowing Agent Market, By Product Type

• Hydrochlorofluorocarbons (HCFCs)
• Hydrofluorocarbons (HFCs)
• Hydrocarbons (HCs)
• Hydrofluoroolefins (HFOs)

5. Blowing Agent Market, By Foam Type

• Polyurethane Foam
• Polystyrene Foam
• Phenolic Foam
• Polypropylene Foam
• Polyethylene Foam

6. Blowing Agent Market, By Application

• Building and Construction
• Automotive
• Bedding and Furniture
• Appliances
• Packaging

7. Regional Analysis

• North America
• United States
• Canada
• Mexico
• Europe
• United Kingdom
• Germany
• France
• Italy
• Asia-Pacific
• China
• Japan
• India
• Australia
• Latin America
• Brazil
• Argentina
• Chile
• Middle East and Africa
• South Africa
• Saudi Arabia
• UAE

8. Market Dynamics

• Market Drivers
• Market Restraints
• Market Opportunities
• Impact of COVID-19 on the Market

9. Competitive Landscape

• Key Players
• Market Share Analysis

10. Company Profiles

• Honeywell International Inc.
• The Chemours Company
• Arkema
• Sinochem Group Co. Ltd.
• Nouryon
• Solvay SA
• Exxon Mobil Corporation
• Linde plc
• Daikin Industries Ltd.
• Haltermann Carless
• Foam Supplies Inc.
• Harp International Ltd.

11. Market Outlook and Opportunities

• Emerging Technologies
• Future Market Trends
• Investment Opportunities

12. Appendix

• List of Abbreviations
• Sources and References