#North America Foam Blowing Agents Market Research Report
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North America Foam Blowing Agents Market Will Reach USD 451.5 Million By 2030
The size of the North American Foam Blowing Agents Market is USD 305.8 million. In 2023, and over the period from 2024 to 2030 it will increase at a rate of 5.8% per year. In 2030, the goal is to be USD 451.5 million. The foam-blowing agents are utilized to designate additives that make cellular structure in the substrate by means of a foaming procedure. Because of the significant size of…
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Air Barrier Market: Overview With Geographical Segmentation & Revenue With Forecast 2022 to 2029
The global air barrier market value will exceed US$ 16,932.8 million by 2022 end, owing to the industry's much anticipated shift from traditionally preferred gypsum board to sustainably superior spray foam. According to a recent research study conducted by Future Market Insights (FMI), the overall growth of the air barrier market will be moderate during the forecast period of 2022-2029.
Increased installation of insulation systems is driving demand for air barriers in the residential building sector in particular. However, demand in the commercial and industrial sectors will rise significantly in the coming years. According to the report, this increase in demand is due to the increasing stringency of regulations and the industrial building code of conduct.
Demand for air barriers has been growing at a stable pace over the past decade, due to stringent norms compelling manufacturers to build energy-efficient walls. To sustain and strengthen their market share in the air barrier market, players have started focusing on the development of novel techniques and methods that are efficient, effective, and offer additional functionalities.
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Key Takeaways – Air Barrier Market Study
Increasing stringent building codes & energy regulations are expected to have a positive impact on the long-term growth of the air barrier market.
Energy resources are limited; every unit saved is equivalent to each unit produced, and this is where the role of efficient insulation materials comes into play.
Several manufacturers of spray foam insulation have developed environmentally-sensitive, innovative solutions that reduce carbon footprint. Spray foam insulation is produced using non-HCFC gas as the foaming agent.
The market for eco-friendly and natural air barriers is anticipated to remain highly attractive during the forecast period. Insulation materials such as cellulose and fiberglass are preferred, owing to their higher recycled content and superior eco-friendly nature.
For instance, Icynene offers a 100% water blown spray foam solution, i.e. without any synthetic blowing agents or ozone-depleting substances, hence, minimizing overall global warming potential (GWP).
Market Landscape Remains Fairly Consolidated
The global air barrier market is a fairly consolidated competition landscape, with a limited number of players dominating nearly the entire air barrier manufacturing and supply scenario. High price point associated with raw materials, high manufacturing costs, and established foothold of existing manufacturing companies would continue to pose major challenges in front of potential new entrants in the global air barrier market.
Smaller players operating in the air barrier landscape, on the other side, will continue to invest in organic growth strategies such as acquisitions, collaborations, and joint ventures. One of the globally leading players in air barrier market that have been profiled in the report includes Owens Corning that currently accounts for more than 18% of the total market share.
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Air Barrier Markey by Category
By Product Type:
Gypsum Board
Drywall
Plywood
OSB (Oriented Strand Board)
Spray Foam
Fiberglass/Rockwool
Cellulose
Others
By Type:
Membranes
Coatings
Stacking & Filling
By Site:
External
Internal
By Application:
Corrosion Resistance
Insulation
Material Packaging & Stacking
Microbial & Fungal Resistance
By End Use:
Residential Buildings
Commercial Buildings
Industrial Facilities
Car Parks & Underground Basements
Military Buildings & Bunkers
Green Houses
Metal Buildings
By Region:
North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East & Africa
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Blowing Agents Market Growth and Demand in 2022 and Coming Future
Major aspects that fuel the market growth are discussed in this illustrative Blowing Agents Market research such as prospective, driving, restraining factors, latest trends and key advancements. Newly entering key players into the marketplace will obtain huge assistance by referring this Blowing Agents Market study report as it carries out detailed industry study along with depicting latest developments in the industrial sectors. Significant data provided here is of huge assistance for industry players to obtain detailed assessment of the market competition for the prediction period 2022-2027. By knowing competition for the upcoming period, key players can introduce novel products into the market and obtain huge profits in the business. It further catches data about market share, market tactics and industry volume.
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This Blowing Agents Market research enables to target specific products into the market and enhance the revenue rate of the business. It further helps to know more about global market position in major regions of the globe such as Europe, Asia Pacific, North America, Latin America, Middle East and Africa. It further aims to provide a comprehensive presentation of the market strategies and entire market scenario. Some of the crucial factors are highlighted in this Blowing Agents Market report include continuously evolving consumer, buyer and vendor needs, key pricing structure, customer data, their preferences and buying attitude.
Top Players of Blowing Agents Market
The following are the key players in the Blowing Agents Market.
Arkema S.A.
Daikin Industries, Ltd.
DuPont de Nemours, Inc.
Exxon Mobil Corporation
Foam Supplies, Inc.
Haltermann Carless Deutschland GmbH
Harp International Ltd.
Honeywell International Inc.
Solvay S.A.
The Linde Group
Growth drivers and Market Value:
This report, from Stratview Research, studies the Blowing Agents Market value and growth drivers over the trend period of 2022-27. According to the report -
Blowing Agents Market is likely to witness an impressive CAGR of 5.7% during the forecast period. The major factor driving the growth of the blowing agents’ market is the growing construction, electronics, and automotive industries, in the emerging economies of the Asia-Pacific region. In addition, the global increase in the application of polymeric foam and growing demand for blowing agents in various applications for the production of foams for use in the automotive, construction, and appliance industries from the developing countries are also likely to drive the growth of the market during the forecast period.
Segment Analysis:
Based on Product Type:
Based on the product type, the market is segmented as hydrochlorofluorocarbons, hydrofluorocarbons, hydro carbons, and others. HFC is estimated to lead the blowing agents market during the forecast period. The utilization of HFC blowing agent is rapidly increasing after the phase-out of HCFCs, the usage is quite higher, specifically in the developing regions. Factors such as cost-effectiveness and the low GWP, as well as ODP of blowing agents as compared to HCFC, is the major reason for increasing consumption of HFC blowing agent.
Based on Region:
In terms of regions, Asia-Pacific is estimated to be the largest blowing agents’ market during the forecast period, with China, Japan, India, South Korea, Thailand, and Indonesia being the major countries with lucrative growth opportunities. The increase in the usage of hydrocarbons, unsaturated HFCs, major production base of HCFC blowing agents situated in China, and other chemical blowing agents are the prime factors contributing to the growth of the market in the region during the forecast period. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
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This Blowing Agents Market study report catches the impact of novel developments on the future market progress. There are a number of major industries already began adopting novel procedures, new headways, extensions, mergers and novel product launches to survive in the market and drive the business growth. It becomes easy for new players to rule the market and increase the product collection with this market research analysis. It focuses on major market segments. This Blowing Agents Market analysis is an effective tool to capture the COVID-19 impact on market developments and business growth. It also enables to explore through important insights such as latest market advancements, current market scenario, novel opportunities, challenges and market drivers.
Making sound and calculated decision for the benefit of business is important and this Blowing Agents Market report works as the best guide to help in this regard. It also enables to gauge through key competitors of the market and thorough analysis of the business scenario. Significant data gathered here is from interviews with leading business experts and primary research. Advanced data as well as statistics related to global market environment is also depicted in this market analysis.
Key features of the report -
Qualitative and Quantitative market research
Opportunity analysis
Market Assessment
Competitive Landscape
Industry best practices assessment
Product Research & Revenue Estimations
Market Trend Analysis
Report Customization Options
Stratview Research, one of the global market research firms, offers free customization and custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to the team.
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According to the new market research report "Blowing Agent Market by Type (HC, HFC, HCFC), Foam (Polyurethane Foam, Polystyrene Foam, Phenolic Foam, Polyolefin Foam), and Region (APAC, North America, Europe, Middle East & Africa, South America) - Global Forecast to 2026", published by MarketsandMarkets™, the Blowing Agent Market size is projected to grow from an estimated value of USD 1.4 billion in 2021 to USD 1.9 billion by 2026, at a CAGR of 6.5% during the forecast period.
The growing application of polymeric foams at a global level in industries such as construction, packaging, automotive, electronics, and footwear to drive the market demand for blowing agents. Further, the increasing demand for blowing agents from developing economies of the world owing to the growth of different application industries as well as the shift from high ODP and GWP blowing agents towards more eco-friendly ones will additionally boost the blowing agents market in the future.
Polyolefin foam is projected to be the fastest-growing market for blowing agents during the forecast period. Polyolefin foams are considered as a high-performance packaging material, mainly when used for the packaging of delicate, high-value equipment, owing to their added resilience. Thus, the growth of the global packaging industry is expected to drive the demand for such foams, which, in turn, will drive the blowing agents market. Further, the high usage of HFC blowing agents for manufacturing polyolefin foams is supporting the growth of this market.
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Global Hexafluoropropylene Market Study 2014 - 2030
Prismane Consulting is pleased to publish its Hexafluoropropylene Market Market Study Report which includes historic and current market situation of Hexafluoropropylene Market across several end-use industries.
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This market study describes the global Hexafluoropropylene Market market, with focus on major countries and their subsequent demand across different applications and sub-applications. The study covers demand-supply analysis for regions including North America, Western Europe, Central & Eastern Europe, Central & South America, Asia-Pacific, Middle East and Africa and major countries like the U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Russia, Poland, Turkey, China, Japan, India, South Korea, Thailand, Taiwan, South Africa, and Saudi Arabia. The market is segmented based on end-use which includes Refrigerants, Fluoropolymers, and others.Hexafluoropropylene Market Production capacity expansions, force majeure, de-bottlenecks, plant shutdowns and new product developments have been considered in the report.
Hexafluoropropylene Market demand patterns are dramatically different between various regions and countries. In the areas with mature economies, demand growth for Hexafluoropropylene Market is expected to fall well below global averages primarily due to the geographic shift of many manufacturing industries to areas of lower labor costs such as China, India, and the ASEAN region.
The primary driver for the growth in demand of Hexafluoropropylene Market in Asia has been the migration of labor-intensive downstream conversion industries from developed high labor cost regions like North America and Western Europe.
Topics Covered
The report covers the following topics:
Hexafluoropropylene Market Market data in term of volume and value for each end-use at regional and country level
Hexafluoropropylene Market Market analysis for production, capacity, demand, supply, trade, and utilization rates at regional and country level
Trade balance and target markets for current situation, new expansions, or new projects
Business opportunity assessment
Macro-economic factors like GDP, population, and world economic integration
Strategic issues and recommendations
Strategic recommendations for vendors, and industry stakeholders
Market analysis and forecasts (short-, mid- and long-term forecast) from 2015 till 2030
Hexafluoropropylene Market Market: Applications Covered
Global Hexafluoropropylene Demand Analysis By Applications, (Volume, Value) (2014–2030)
Strategic Issues
Demand Analysis and Forecast (2014 – 2030)
Demand
Demand Growth Rate (%)
Driving Force Analysis
Global Hexafluoropropylene Market, By Applications
Foam Blowing Agents
Refrigerants
Fluoropolymers
Solvents
Lubricants
Others
Hexafluoropropylene MarketMarket: Regions covered
- Asia Pacific
- Eastern Europe
- Central & South America
- Middle East & Africa
- North America
- Western Europe
Key Questions Answered
The Global Hexafluoropropylene Market Market study answers the following key questions:
How big is the Hexafluoropropylene Marketmarket?
How is the Hexafluoropropylene Market market evolving by demand-supply, segment, and region?
What will the Hexafluoropropylene Market market size be in 2030 and at what rate will it grow?
What trends, challenges and barriers are influencing its growth?
Who are the key manufacturers and what are their shares in different region?
What opportunities and target markets exist for Hexafluoropropylene Market
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Prismane Consulting is a unique consulting and market research firm providing management, economic and technical expertise across the global Chemicals, Petrochemicals, Polymers, Materials and Energy value chain. The company has been advising clients on their key strategic issues solving their toughest and most critical business problems. We have helped some of the fortune 500 companies develop their strategic plans by tracking and interpreting market dynamics.
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Global Blowing Agents Market: Industry Applications, Trend, Outlook and Opportunity Analysis, 2018-2026
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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Global Cyclopentane Market - Size, Share, Growth, Trends, and Forecast 2021 - 2027
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Cyclopentane is an acyclic hydrocarbon molecule with five carbon atoms and a ring structure. Synthetic rubber & rubber adhesive and resins are all made with the cyclopentane. It is used as a blowing agent in the manufacturing of polyurethane insulating foam. It is also used as a solvent and in the production of the fuels. It is highly flammable alicyclic hydrocarbon used in the manufacture of synthetic resins & rubber adhesives, as well as in the transformation of cellular structure of polyurethane insulation foam used in commercial freezers. It has a colorless appearance and an odor similar to gasoline.
Cyclopentane is also used as a refrigerant in a variety of household appliances including refrigerators and freezers, replacing CFC-11 & HCFC-141b. Lubricants comprises of multiple alkylated cyclopentane (MAC) have low volatility and are used in a wide variety of applications. It appears in the whitish liquid form with a petrol-like odor. It belongs to the cycloalkanes group, which are alkanes with one or more carbon-atom rings. It is generally made by cracking cyclohexane at the high temperatures & pressures in the presence of alumina.
Referring to the study, “Global Cyclopentane (CAS 287-92-3) Market, 2021-2027” the key companies operating in the global Cyclopentane market include Jilin Beihua Fine Chemical Co., Ltd., Chevron Phillips Chemical Company LLC, Liaoning Yufeng Chemical Co., Ltd., INEOS Group, Ltd., Haldia Petrochemicals Limited, Yeochun NCC Co., Ltd., Meilong Cyclopentane Co., Ltd and among others. These key players are assessed in their entirety along with their finances, technological innovations, key developments and future strategies. In addition to this, the report also includes mergers & acquisitions, SWOT analysis, and the market presence of the major players in the market.
Increase in concerns regarding the environment, followed by growth in plans of phasing out the usage of hydro chlorofluorocarbon, increase in performance standards, growth in technological advancements, rise in demand for commercial & residential refrigerators, wide application over a majority of industries and analytical & scientific applications and increase in financial improvement are some major factors, which are responsible for growth of the Cyclopentane market. Apart from this, increase in side effects related to the health associated with increased amount of the consumption of cyclopentane and growth in requirements of high cost of start-up & installation costs may impact the market. Moreover, growth in research & development activities and rise in use of blowing agents in the automotive, construction, and appliance industries are leading opportunities for market.
Based on regional analysis, the Asia-Pacific is a leading region in "Global Cyclopentane Market" owing to rise in demand in refrigeration application across the region. The Europe and North-America regions are anticipated to witness higher growth rate due to growth in demand in blowing agent application to manufacture polyurethane and stringent regulations imposed on HCFCs by various government bodies over the forecast period. It is estimated that future of the global Cyclopentane market will be bright on account of increase in use in personal & commercial refrigerators during the forecast period.
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Global Cyclopentane Market Growth Rate 2021-2027
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Global Cyclopentane (CAS 287-92-3) Market Outlook 2019-2024
Global Cyclopentane Market Outlook 2019-2024
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Blowing Agents Market Worth ,Size 2021 Industry Revenue, Statistics, Forecast by Reports And Data
The Global Blowing Agents Market report added by Reports and Data analyzes the industry from a panoramic perspective to offer in-depth insights about the Blowing Agents industry to help the readers understand crucial aspects of the market. The report offers basic details about the market description, market overview, product portfolio, market scope, specifications, applications and types. It covers details about market size, market share, revenue contribution, revenue share, industry growth rate, key statistical data, market trends, and overall industry overview. It provides a complete overview of current and emerging trends, developments, patterns, regulatory frameworks and government policies, latest technological advancements, product launches and brand promotions, R&D activities.
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The Global Blowing Agents Market research report offers valuable insights into the market size, market share, production analysis, cost volatility and analysis, market size in terms of volume and value, and other key features for the forecast period of 2021-2027. The global Blowing Agents market report has been formulated through extensive primary and secondary research with data accrued from valid sources like interviews, journals, government repository, and industry experts and professionals.
Major companies profiled in the report include:
The Chemours Company, Honeywell International Inc., Nouryon, Arkema, Solvay SA, Honeywell International Inc., Linde PLC, INEOS, Harp International Ltd., and Sinochem Group, among others.
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The report covers an extensive analysis of the competitive landscape of the global Blowing Agents market with insights into company profiles, product portfolio, manufacturing capacity, and business expansion plans. It also studies mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, and brand promotions and product launches. The report also offers SWOT analysis and Porter’s Five Forces analysis for each player to offer detailed insights into the competition scenario.
Furthermore, the report segments the global Blowing Agents market on the basis of product, application, and key regions. It also offers insights into the segment expected to register significant revenue growth over the forecast period.
Type Outlook:
Polystyrene Foam
Polypropylene Foam
Polyurethane Foam
Phenolic Foam
Polyethylene Foam
Others
Application Outlook:
Automotive
Appliances
Building and Construction
Packaging
Bedding & Furniture
Others
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Regional Analysis:
North America (U.S.A., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of Europe)
Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The Global Blowing Agents Market report covers the assessment of the key players and their market scope through advanced analytical tools such as SWOT analysis, Porter’s Five Forces analysis, feasibility study, and investment return analysis. The statistical analysis provides accurate assessment of the growth of the major manufacturers/companies operating in the industry. The report covers analysis of the factors that directly influence the growth of the market such as marketing strategies, development platforms, product portfolio, and others.
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The future prospects, growth opportunities of the HCFO-1233zd by 2021-2027
Astute Analytica's analysis of the HCFO-1233zd Market is a comprehensive look at the current state of this business vertical and provides a brief description of its segmentation. In addition to an accurate prediction of the market scenario over the forecast period, the report also provides market size estimation based on sales volume and valuation. The study highlights the top companies comprising the competitive landscape of the HCFO-1233zd market, as well as the geographical areas to which the industry extends its reach, in a comprehensive analysis.
There has been considerable growth in the HCFO-1233zd market over the last couple of decades. Moreover, a higher share of the revenue from the market is expected to influence the global economic structure with a more vigorous growth during the forecast period, according to the report.
The Global HCFO-1233zd market is valued at US$ 28.6 million in 2020 and is expected to reach 9,097.0 tons by the end of 2027, growing at a CAGR of 6.4% during 2021-2027.
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An in-depth global HCFO-1233zd market report titled 'HCFO-1233zd Market Research Report - By Manufacturers, Product Type, Applications, Region and Forecast to 2021-2027' was recently added to the library of market research reports that provide past and present analytics as well as statistics regarding the HCFO-1233zd market. In the report, the economic and regulatory factors that are shaping the market's growth trajectory are discussed in detail, as are the regional segmentation of the global HCFO-1233zd market, and the value and supply chains of the market.
Factors Impacting the Global HCFO-1233zd Market:
Growing disposable incomes, growing product demand, innovative products, and affluent raw materials are driving the growth rate of the market, which has the potential to impact its peers and parent market.
Impact of Covid-19: the HCFO-1233zd Market:
● HCFO-1233zd Market report discusses the impact Coronavirus (Covid-19) is having on the HCFO-1233zd industry.
● In the wake of the outbreak of the Covid-19 virus in December 2019, several countries around the globe have been affected, prompting the World Health Organization to declare a public health emergency. Globally, the Coronavirus disease has already started to affect the HCFO-1233zd market and has a huge impact on this sector.
● Flight cancellations, travel bans, quarantines, restaurant closures, blackouts of indoor events, emergency declarations in many countries, the unpredictability of stock markets, falling business confidence, growing panic among the population, and an uncertain future have all been impacted.
Regional Analysis: The HCFO-1233zd Market
Global market growth rate, size, and forecasts are included in the report along with the following geographic areas: Europe, Asia Pacific, Latin America, Middle East & Africa, and North America.
A regional growth report seeks to describe and analyze various factors affecting a region's growth, including economic, environmental, social, and technological factors. The analysts studied each region's revenue, production, and producers. Throughout the forecast period, revenues and volumes for the regions are examined.
Aim of the Report: The HCFO-1233zd Market:
This report explores the factors that are changing the market segments:
By Product Form
● Trans-1-Chloro-3,3,3-trifluoropropene (HCFO-1233zd-E)
● Cis-1-Chloro-3,3,3-trifluoropropene (HCFO-1233zd-Z)
By Application
● Insulation Foam Blowing Agents
● Refrigerants
● Centrifugal Chillers
● Cleaning agent
● Degreasing
● Other
By End-user industry
● Food or beverage
● Mechanical
● Construction
● Electric and Electronics
● Heating, ventilation, and air conditioning (HVAC)
● Other
Key Players: the HCFO-1233zd Market:
Business Description, Product Portfolio, Company Financials and Claims, Key Details, Strategy Outlook, and Recent Developments. The players profiled in the research report include are – Arkema S.A., Beijing Yuji Science & Technology Co., Ltd., Central Glass Co., Ltd., Chemours Company, Danfoss, GAB Neumann, Honeywell International and Navin Fluorine.
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Blowing Agents Market to Witness a Pronounce Growth at CAGR during 2027
Stratview Research delivers key insights on the global Blowing Agents Market. According to Stratview Research, the market is estimated to grow at a decent CAGR of 5.1% during the forecast period to reach a value of US$ 310 Million in 2027.
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The present report can be of high utility for the key decision-makers and growth strategists in terms of precise market insights, forthcoming growth opportunities, and key success factors. Especially, the report also analyses and mentions the possible impact of COVID-19 on the market dynamics. This will not only help in mitigating the uncertain business environment, but also help in rearranging the strategies and future- decisions in a fruitful manner.
Key Players
The following are some of the key players in the Blowing Agents Market:
Arkema S.A.
Daikin Industries, Ltd.
DuPont de Nemours, Inc.
Exxon Mobil Corporation
Foam Supplies, Inc.
Haltermann Carless Deutschland GmbH
Harp International Ltd.
Honeywell International Inc.
Solvay S.A.
The Linde Group
Growth drivers and Market Value:
This report, from Stratview Research, studies the Blowing Agents Market value and growth drivers over the trend period of 2022-27. According to the report -
Blowing Agents Market is likely to witness an impressive CAGR of 5.7% during the forecast period. The major factor driving the growth of the blowing agents’ market is the growing construction, electronics, and automotive industries, in the emerging economies of the Asia-Pacific region. In addition, the global increase in the application of polymeric foam and growing demand for blowing agents in various applications for the production of foams for use in the automotive, construction, and appliance industries from the developing countries are also likely to drive the growth of the market during the forecast period.
Segment Analysis:
Based on Product Type:
Based on the product type, the market is segmented as hydrochlorofluorocarbons, hydrofluorocarbons, hydro carbons, and others. HFC is estimated to lead the blowing agents market during the forecast period. The utilization of HFC blowing agent is rapidly increasing after the phase-out of HCFCs, the usage is quite higher, specifically in the developing regions. Factors such as cost-effectiveness and the low GWP, as well as ODP of blowing agents as compared to HCFC, is the major reason for increasing consumption of HFC blowing agent.
Based on Region:
In terms of regions, Asia-Pacific is estimated to be the largest blowing agents’ market during the forecast period, with China, Japan, India, South Korea, Thailand, and Indonesia being the major countries with lucrative growth opportunities. The increase in the usage of hydrocarbons, unsaturated HFCs, major production base of HCFC blowing agents situated in China, and other chemical blowing agents are the prime factors contributing to the growth of the market in the region during the forecast period. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
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FREQUENTLY ASKED QUESTIONS
The report answers several questions related to the market. The user can get to know the answers to the following questions…
What is the global demand for Blowing Agents Market in terms of revenue?
Which are the prominent players in the market?
At what CAGR is the market projected to grow within the forecast period?
What are the driving factors fuelling the growth of the market?
Which region accounted for the largest share in the market?
How did the Covid19 impacted the market?
How long will it take to recover from the Covid impact?
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Fluorochemicals Market Regional Outlook By Service, Deployment and Organization
The global Fluorochemicals Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.
Market Overview:
The global Fluorochemicals Market is expected to reach USD 31.21 billion by 2024. Growing setting up of HVAC arrangements in industrialized and automobile divisions is projected to increase use of refrigerants and accordingly expected to trigger the demand for fluorochemicals in the near future. The fluorochemicals industry is estimated to touch 5398.2 kilo tons by the completion of the prediction period, growing at a CAGR of 4.3% from 2014 to 2024.
Key Players:
3M
DuPont
Daikin
Solvay SA.
Asahi Glass
Arkema
Honeywell
Dongyue
Pelchem
Air Products & Chemicals Inc.
Mitsui Chemicals Inc.
Halocarbon Products Corp
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Growth Drivers:
Growth in demand for cooling systems and refrigeration in housing and industrialized division owing to modifications in standard of living and progress in the necessity of refrigeration for the storing of foodstuff products will expand the scope of the fluorochemicals market. Greater confrontation to carbon-based acids, bases and dilutors, presented by fluorochemicals are projected to be critical for increasing demand in the applications such as building construction, electronics and automobile, above the prediction period. Yet, there is a reliable risk from ammonia by way of a substitute creation, due to its low-slung price.
Application Outlook:
Refrigeration
Aluminum Production
Blowing Agents
Components and others
The subdivision of Refrigerant applications ruled the international market for fluorochemicals. It was responsible for more than 40% stake of the general capacity during the year 2013. Growing significance of unpolluted air arrangements in manufacturing business together with growing setting up of HVAC arrangements in automobiles is projected to drive the progress of the business in the nearby future.
Product Outlook:
FluorocarbonsHCFC HFC and others
Fluoropolymers
Inorganics and Specialties
The market for the subdivision of Fluoropolymers is projected to observe substantial improvements above the prediction period. It will be increasing by a CAGR of 10.2%, by means of capacity. Growing ingestion of fluoropolymers in the manufacturing of automobile, electronics and building construction because of giving greater stretchable strength and electrical protection is likely to take an optimistic influence above the prediction period.
Regional Outlook:
The fluorochemicals industry is divided by region as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. By the source of geography, the Asia Pacific is the most important area in the fluorochemical market. The group of emerging markets motivating demand for fluorochemicals for the usage in diverse applications and businesses, has boosted the market in the Asia Pacific.
North America and Europe are the established markets for fluorochemicals. Guidelines through dissimilar businesses and uses for example manufacture of refrigerants, foodstuff & liquid refreshment, aluminum, plastic foams, etc. have given rise to the progress of the market within these two areas. In contrast, Latin America and the Middle East & Africa represent a comparatively reduced stake in the fluorochemicals industry because of the unpredictability of the governments, in the areas, which is impeding progress of the economy.
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The report "Blowing Agent Market by Type (HC, HFC, HCFC), Foam (Polyurethane Foam, Polystyrene Foam, Phenolic Foam, Polyolefin Foam), and Region (APAC, North America, Europe, Middle East & Africa, South America) - Global Forecast to 2026", The blowing agent market size is projected to grow from an estimated value of USD 1.4 billion in 2021 to USD 1.9 billion by 2026, at a CAGR of 6.5% during the forecast period. The growing application of polymeric foams at a global level in industries such as construction, packaging, automotive, electronics, and footwear to drive the market demand for blowing agents. Further, the increasing demand for blowing agents from developing economies of the world owing to the growth of different application industries as well as the shift from high ODP and GWP blowing agents towards more eco-friendly ones will additionally boost the blowing agents market in the future.
APAC is projected to be the largest blowing agent market during the forecast period. The growing construction, automotive, footwear, and manufacturing industries are the major factors driving the growth of blowing agents in the region. The region’s rapid economic development, increased standard of living, rising per capita income are the factors driving the growth of the industries mentioned above. Also, the increasing usage of eco-friendly blowing agents, along with the consumption of HFCs and HCFCs, will drive the blowing agent market in the region.
Honeywell International Inc. (US), Solvay SA (Belgium), Arkema SA (France), Exxon Mobil Corporation (US), Linde plc (UK), Daikin Industries, Ltd. (Japan), The Chemours Company (US), Haltermann Carless (Germany), Foam Supplies, Inc. (US), Harp International Ltd. (UK) are the major players in the blowing agent market.
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Foam Blowing Agents Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, And Growth Forecast To 2027
Foam blowing agents are used in various end-user industries such as building and construction, automobile, electronics, and food packaging among others. The growing demand from the developing regions are the major factors driving the global market of foam blowing agents. The growing demand from the automobile sector coupled with the increasing government investments in the infrastructural development is other factors contributing to the growth of the market. Among the various end-user industry automobile is the dominant segment and is expected to show the same trend during the forecast years.
Market Segmentation:
The global Foam Blowing Agents Market is segregated into chemistry, product type, and end-user industry. On the basis of the chemistry, the global market is segmented into physical foam blowing agents and chemical foam blowing agents. Among the product type, the global foam blowing agents market is classified into hydrochlorofluorocarbons (HCFC), hydrofluorocarbons (HFC), hydro Carbons (HCS), hydrofluoroolefin (HFOS) and others. On the basis of the application, the global market is segmented into polyurethane foam (PU), polystyrene foam (PS), phenolic foam, polyolefin foam, and others.
Market Scenario:
The hydrofluorocarbons (HFCs) segment is the leading product type in the market and polyurethane is the leading application segment. The growing usage of polyurethane in a wide range of end-user industries such as automotive, building & construction, appliances, apparels, flooring, and furnishing among others is significantly contributing to the growth of the segment.
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Regional Analysis:
The global foam blowing agents market is spanned across five key regions: North America, Europe, Asia Pacific, the Middle East & Africa and Latin America, . Among these, Asia Pacific holds is the fastest growing market and is anticipated to continue to show the same trend during the forecast period. The developing end-user industries in the region such as automobile and building & construction are expected to boost the market growth. Moreover, shifting of the manufacturing base owing to the favorable government regulations in the Asia Pacific region, which has further propelled the market growth. The key countries contributing to the growth of the foam blowing agents market are India, China, and Japan. North America is another dominant region in the market foam blowing agents. The growing adoption rate of foam blowing agents along with the developed end-user industries is the substantially contributing to the growth of the market. The key countries attributing to this growth are U.S. and Canada. European market of foam blowing agents is mainly driven by the developed automobile and electronics industry. The growing application of foam blowing agents in the steering wheels, seats, door panels and others is augmenting the growth of the market in this region.
Competitive Analysis:
Some of the prominent players operating in the global foam blowing agents market are Arkema S.A. (France), Honeywell International Inc. (U.S.), Exxon Mobil Corporation (U.S.), E.I. du Pont de Nemours & Company (U.S.), Haltermann GmbH (Germany), Harp International Ltd. (U.K.), Daikin Industries Ltd. (Japan), Sinochem Group (China), Solvay S.A. (Belgium), and ZEON Corporation (Japan) among others.
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Hydrazine Hydrate Market Analysis by Current Industry Status and Growth Opportunities, Top Key Players, Target Audience and Forecast to 2027
This hydrazine hydrate market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on hydrazine hydrate market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
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Hydrazine hydrate market will reach an estimated valuation of USD 718.52 Billion by 2027, while registering this growth at a rate of 5.60% for the forecast period of 2020 to 2027. Hydrazine hydrate market report analyses the growth, which is currently being growing due to the expansion of pharmaceutical industry across the globe.
The growing preferences towards polymer foams in polymer industry, rising applications from agrochemical sector, rising usages of product due to their excellent properties such as alkalinity and other, easy availability of product are some of the factors which will likely to enhance the growth of the hydrazine hydrate market in the forecast period of 2020-2027. On the other hand, rising applications in fuel cells which will further boost various opportunities that will lead to the growth of the hydrazine hydrate market in the above mentioned forecast period.
Product substitute in the market along with increasing toxicity and carcinogenic property will likely to hinder the growth of the hydrazine hydrate market in the above mentioned forecast period.
Hydrazine hydrate market is segmented on the basis of concentration level and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
On the basis of concentration level, hydrazine hydrate market is segmented into 24%-35%, 40%-55%, 60%-85%, and 100%.
Hydrazine hydrate market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The application segment for hydrazine hydrate market includes polymerization & blowing agents, agrochemicals, water treatment, pharmaceuticals, and other applications.
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Hydrazine hydrate market is analysed and market size, volume information is provided by country concentration level and application as referenced above.
The countries covered in the hydrazine hydrate market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the hydrazine hydrate market due to the growing demand of the consumers for water treatment and agrochemicals along with growth of pesticides and insecticides. North America region is expected to hold the largest growth rate due to the growing applications from pharmaceutical industry.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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Hydrazine hydrate market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to hydrazine hydrate market.
The major players covered in the hydrazine hydrate market report are Arkema, Lonza, LANXESS, HPLA Group, Otsuka Chemical Co.,Ltd., Weifang Yaxing Chemical Co., Ltd., HUNAN ZHUZHOU CHEMICAL INDUSTRY GROUP XIANGYU REFINING CHEMICAL CO.,LTD, Hangzhou Dayangchem Co., Ltd, Capot Chemical Co.,Ltd.., ZEEL PRODUCT, Arrow Fine Chemicals, Anbros Consultants And Engineers, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Global Hydrazine Hydrate Market By Concentration Level (24%-35%, 40%-55%, 60%-85%, 100%), Application (Polymerization & Blowing Agents, Agrochemicals, Water Treatment, Pharmaceuticals, Other Applications), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Browse Related Blog from Chemical Industry: Global Hydrazine Hydrate Market is Expected to Grow at USD 718.52 Billion in the Forecast Period of 2020-2027
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Fluorspar Market Research: Trends, Share, Growth, Demand, Industry Analysis, Key Player profile and Regional Outlook by 2027
On the basis of the form, the global fluorspar market is segmented into a dry powder, lump, filter cake, and others. Dry powder accounted for the major share of the global market in 2017 owing to considerable utilization of high purity acid spar, which is available in powder form for chemical manufacturing as well as metallurgical applications in developed regions such as North America and Europe and is expected to show steady growth over the forecast period.
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On the basis of the purity, the global fluorspar market is segmented into acid spar, ceramic spar, met spar, and others. Acid spar is sub-segmented based on application into hydrofluoric acid (HF), aluminum fluoride, synthetic cryolite, welding rods, and others. Hydrofluoric acid is further segmented based on application into fluorocarbons (refrigerant, foam blowing agent), petroleum alkylation, toothpaste, the etchant for semiconductors, steel pickling process, Li-ion batteries, and others. Ceramic spar is sub-segmented based on application into glass, ceramics, enamelware, and others. Met spar is sub-segmented based on application into metal (steel, iron, and others), cement, fluorite carved craftworks, and others. Acid spar accounted to have the major market share in 2017 and is expected to continue strong growth over the forecast period. High consumption of HF for a wide range of applications as well as the preference of acid spar over met spar in developed regions even for metallurgical applications are the factors contributing to the growth of the acid spar market.
On the basis of the end-user industry, the global fluorspar market is segmented into metallurgy, chemical, ceramic, optical, electrical & electronics, personal care, lapidary, and others. Metallurgy industry accounted to have the major market share in 2017 due to growing infrastructural activities and automotive & transportation industry across the globe.
Regional Analysis
The global fluorspar market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. Asia Pacific is expected to be leading the global fluorspar market in terms of both production and consumption over the forecast period. North America and Europe are following Asia Pacific in terms of market size. The Middle East & Africa is expected to show rising demand over the forecast period. Latin America market is export-oriented on account of its poor economy.
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Competitive Analysis
Some of the key players in the global fluorspar market are Tertiary Minerals Plc (UK), Mexichem S.A.B. de C.V (Mexico), Masan Group (Vietnam), ZHEJIANG WUYI SHENLONG FLOATATION CO LTD. (China), Centralfluor Industries Group, Inc. (China), Kenya Fluorspar Company Ltd. (Kenya), MINERSA GROUP (Spain), Seaforth Mineral & Ore Co., Inc (U.S.), British Fluorspar Ltd (UK), China Kings Resources Group Co., Ltd. (China), and Mongolrostsvetmet LLC (Mongolia).
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