Global Blowing Agents Market: Industry Applications, Trend, Outlook and Opportunity Analysis, 2018-2026


Posted January 28, 2022 by neha_s

Blowing agents are light in weight, heat insulation, and electrical induction chemical substances that are used to generate the gas that is used in expanding of plastics, rubber, and ceramics to create foam.
 
Blowing agents are light in weight, heat insulation, and electrical induction chemical substances that are used to generate the gas that is used in expanding of plastics, rubber, and ceramics to create foam. The global blowing agents are expected to witness substantial growth owing to increasing demand from end-use industries such as construction, packaging, and automotive.

Rising infrastructure development in Asia Pacific is expected to increase market penetration.

Blowing agents are widely used across a number of application in the construction industry including acoustics, heat & electric insulation, and shock absorbers. Demand for blowing agent products by the automobile industry, is rapidly rising due to the weight reduction property of the agents that are useful for acoustic application. The blowing agents market is expected to exhibit below average growth in North America and Europe, owing to mature end-use industries in these regions.

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Leading players:
DuPont, Arkema S.A., Honeywell International Inc., Solvay S.A., Foam Supplies, Inc., AkzoNobel NV, Haltermann GmbH, Linde AG, Americhem, and HARP International Ltd.

Key Developments
Increasing research and development related to blowing agents is expected to boost the market growth. For instance, in October 2018, researchers from Budapest University of Technology and Economics presents the applicability of different types of chemical blowing agents in the case of poly(lactic acid) (PLA). The team demonstrated that PLA can be successfully foamed with the use of chemical blowing agents.
Key players in the market are focused on upgrading production technologies to strengthen their product lines. For instance, in May 2019, LANXESS, a producer of low-dust organic chemical blowing agent for the production of polymer foam, entered into collaboration with Citrine Informatics, a U.S.-based AI company specializing in data-driven materials development, to deploy AI in product development.

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Last Updated January 28, 2022