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Report
Foam Blowing Agents Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-09-04 I 147 Pages I IMARC Group
Market Overview:
The global foam blowing agents market size reached US$ 1.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.8 Billion by 2028, exhibiting a growth rate (CAGR) of 4.3% during 2023-2028.
A foam blowing agent can produce a cellular structure in a wide range of materials that undergo hardening or phase transition, such as polymers, plastics, and metals, through a foaming process. It comprises ammonium bicarbonate (NH4HCO3), sodium bicarbonate (NaHCO3), sodium borohydride (NaBH4), and chlorofluorocarbons (CFCs), hydro-chlorofluorocarbons (HCFCs), hydrocarbons, and liquid carbon dioxide (CO2). It helps reduce density, increase thermal and acoustic insulation, and enhance the relative stiffness of the original polymer. As it possesses low thermal conductivity, foam blowing agent finds extensive applications in the electrical, automobile, construction, and packaging industries.
Foam Blowing Agents Market Trends:
The growing utilization of foam blowing agents in various environment-friendly products, such as methyl formate, hydrofluoroolefin (HFO), and methylal, represents one of the key factors driving the market. Moreover, there are several advantages of foaming agents, such as efficiency and high isolation characteristics. This, along with the rising use of polymer foams in the manufacturing of furniture, is propelling the growth of the market. In addition, several benefits offered by foam blowing agents like low global warming potential (GWP), zero ozone depletion (OPD) and non-toxicity are positively influencing the market. Besides this, there is a rise in the employment of foams in the construction industry for building insulation and sealants of windows and doors. This, coupled with the growing utilization of foams in stabilizing side hill projects, tiering seating platform construction, building foundations, bridge abutments, and road construction, is catalyzing the demand for foam blowing agents. Additionally, the increasing demand for foams in the automotive industry due to their sound-absorbing, vibration dampening, and lightweight properties is offering lucrative growth opportunities to industry investors.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global foam blowing agents market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, foam type and application.
Breakup by Product Type:
Hydrocarbons (HCs)
Hydrochlorofluorocarbons (HCFCs)
Hydrofluorocarbons (HFCs)
Hydrofluoroolefin (HFO)
Others
Breakup by Foam Type:
Polyurethane Foam
Polystyrene Foam
Phenolic Foam
Polypropylene Foam
Polyethylene Foam
Others
Breakup by Application:
Building and Construction
Automotive
Bedding and Furniture
Appliances
Packaging
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Arkema S.A., DuPont de Nemours Inc., Exxon Mobil Corporation, Foam Supplies Inc., Harp International Ltd., HCS Group GmbH, Honeywell International Inc., Linde plc, Marubeni Corporation, Solvay S.A., The Chemours Company and Zeon Corporation.
Key Questions Answered in This Report:
How has the global foam blowing agents market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global foam blowing agents market?
What are the key regional markets?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the foam type?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global foam blowing agents market and who are the key players?
What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Foam Blowing Agents Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Hydrocarbons (HCs)
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Hydrochlorofluorocarbons (HCFCs)
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Hydrofluorocarbons (HFCs)
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Hydrofluoroolefin (HFO)
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Foam Type
7.1 Polyurethane Foam
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Polystyrene Foam
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Phenolic Foam
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Polypropylene Foam
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Polyethylene Foam
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by Application
8.1 Building and Construction
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Automotive
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Bedding and Furniture
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Appliances
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Packaging
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Arkema S.A.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 DuPont de Nemours Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 Exxon Mobil Corporation
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Foam Supplies Inc.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Harp International Ltd.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 HCS Group GmbH
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Honeywell International Inc.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.8 Linde plc
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.9 Marubeni Corporation
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Solvay S.A.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 The Chemours Company
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 Zeon Corporation
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
Figure 1: Global: Foam Blowing Agents Market: Major Drivers and Challenges
Figure 2: Global: Foam Blowing Agents Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Foam Blowing Agents Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Foam Blowing Agents Market: Breakup by Product Type (in %), 2022
Figure 5: Global: Foam Blowing Agents Market: Breakup by Foam Type (in %), 2022
Figure 6: Global: Foam Blowing Agents Market: Breakup by Application (in %), 2022
Figure 7: Global: Foam Blowing Agents Market: Breakup by Region (in %), 2022
Figure 8: Global: Foam Blowing Agents (Hydrocarbons (HCs)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Foam Blowing Agents (Hydrocarbons (HCs)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Foam Blowing Agents (Hydrochlorofluorocarbons (HCFCs)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Foam Blowing Agents (Hydrochlorofluorocarbons (HCFCs)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Foam Blowing Agents (Hydrofluorocarbons (HFCs)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Foam Blowing Agents (Hydrofluorocarbons (HFCs)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Foam Blowing Agents (Hydrofluoroolefin (HFO)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Foam Blowing Agents (Hydrofluoroolefin (HFO)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Foam Blowing Agents (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Foam Blowing Agents (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Foam Blowing Agents (Polyurethane Foam) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Foam Blowing Agents (Polyurethane Foam) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Foam Blowing Agents (Polystyrene Foam) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Foam Blowing Agents (Polystyrene Foam) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Foam Blowing Agents (Phenolic Foam) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Foam Blowing Agents (Phenolic Foam) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Foam Blowing Agents (Polypropylene Foam) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Foam Blowing Agents (Polypropylene Foam) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Foam Blowing Agents (Polyethylene Foam) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Foam Blowing Agents (Polyethylene Foam) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Foam Blowing Agents (Other Foam Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Foam Blowing Agents (Other Foam Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Foam Blowing Agents (Building and Construction) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Foam Blowing Agents (Building and Construction) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Foam Blowing Agents (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Foam Blowing Agents (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Foam Blowing Agents (Bedding and Furniture) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Foam Blowing Agents (Bedding and Furniture) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Foam Blowing Agents (Appliances) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Foam Blowing Agents (Appliances) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: Foam Blowing Agents (Packaging) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: Foam Blowing Agents (Packaging) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Global: Foam Blowing Agents (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Global: Foam Blowing Agents (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: North America: Foam Blowing Agents Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: North America: Foam Blowing Agents Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: United States: Foam Blowing Agents Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: United States: Foam Blowing Agents Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Canada: Foam Blowing Agents Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Canada: Foam Blowing Agents Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Asia-Pacific: Foam Blowing Agents Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Asia-Pacific: Foam Blowing Agents Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: China: Foam Blowing Agents Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: China: Foam Blowing Agents Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Japan: Foam Blowing Agents Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Japan: Foam Blowing Agents Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: India: Foam Blowing Agents Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: India: Foam Blowing Agents Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: South Korea: Foam Blowing Agents Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: South Korea: Foam Blowing Agents Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Australia: Foam Blowing Agents Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Australia: Foam Blowing Agents Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Indonesia: Foam Blowing Agents Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Indonesia: Foam Blowing Agents Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Others: Foam Blowing Agents Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Others: Foam Blowing Agents Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Europe: Foam Blowing Agents Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Europe: Foam Blowing Agents Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Germany: Foam Blowing Agents Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Germany: Foam Blowing Agents Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: France: Foam Blowing Agents Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: France: Foam Blowing Agents Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: United Kingdom: Foam Blowing Agents Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: United Kingdom: Foam Blowing Agents Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Italy: Foam Blowing Agents Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Italy: Foam Blowing Agents Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Spain: Foam Blowing Agents Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Spain: Foam Blowing Agents Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Russia: Foam Blowing Agents Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Russia: Foam Blowing Agents Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Others: Foam Blowing Agents Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Others: Foam Blowing Agents Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Latin America: Foam Blowing Agents Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Latin America: Foam Blowing Agents Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Brazil: Foam Blowing Agents Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Brazil: Foam Blowing Agents Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Mexico: Foam Blowing Agents Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Mexico: Foam Blowing Agents Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Others: Foam Blowing Agents Market: Sales Value (in Million US$), 2017 & 2022
Figure 87: Others: Foam Blowing Agents Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Middle East and Africa: Foam Blowing Agents Market: Sales Value (in Million US$), 2017 & 2022
Figure 89: Middle East and Africa: Foam Blowing Agents Market: Breakup by Country (in %), 2022
Figure 90: Middle East and Africa: Foam Blowing Agents Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 91: Global: Foam Blowing Agents Industry: SWOT Analysis
Figure 92: Global: Foam Blowing Agents Industry: Value Chain Analysis
Figure 93: Global: Foam Blowing Agents Industry: Porter's Five Forces Analysis
Table 1: Global: Foam Blowing Agents Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Foam Blowing Agents Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: Global: Foam Blowing Agents Market Forecast: Breakup by Foam Type (in Million US$), 2023-2028
Table 4: Global: Foam Blowing Agents Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Foam Blowing Agents Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Foam Blowing Agents Market: Competitive Structure
Table 7: Global: Foam Blowing Agents Market: Key Players
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