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.
Request Copy Of This Business Report: https://www.coherentmarketinsights.com/market-insight/blowing-agents-market-255
DuPont, Arkema S.A., Honeywell International Inc., Solvay S.A., Foam Supplies, Inc., AkzoNobel NV, Haltermann GmbH, Linde AG, Americhem, and HARP International Ltd.
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.
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: [email protected]
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027