Blowing Agent Market

Blowing Agents Companies - Honeywell International Inc. (US), Solvay (Belgium) are Leading players in the Blowing Agent Market

The blowing agent market is expected to grow at a CAGR of 5.5% to reach USD 2.3 billion by 2029 from USD 1.8 billion in 2024. The market growth is driven by various factors, including the significant demand from construction and automotive industry.

Blowing Agents Companies

The key global players in the blowing agents market, such as Honeywell International Inc. (US), Solvay (Belgium), Arkema (France), Exxon Mobil Corporation (US), Linde PLC (UK), Daikin Industries Ltd. (Japan), The Chemours Company (US), BASF SE (Germany), HCS Group (Germany), FSI (US), and Harp International Ltd. (UK) have a strong foothold in their respective regions and are exploring geographic diversification options to expand their businesses. They are focusing on increasing their market shares through new product launches and expansions.

To know about the assumptions considered for the study download the pdf brochure

Honeywell Internation Inc.

Honeywell International Inc. is a major technology and manufacturing company globally. The company offers its products through four operating segments, namely, aerospace, building technologies, performance materials and technologies, and safety and productivity solutions. The company provides blowing agents through its performance materials and technologies segment. Honeywell, along with its suppliers, has invested over $900 million in research and development and expanded manufacturing capabilities for the production of foam blowing agents, refrigerants, solvents, and propellants using hydrofluoro-olefin (HFO) technology. Their portfolio, branded as Solstice, enables customers to reduce their carbon footprint without compromising product performance. Specifically in the foam industry, Honeywell provides Solstice Liquid Blowing Agent (LBA) (HFO-1233zd(E)) and Solstice Gas Blowing Agent (GBA) (HFO-1234zd(E)), widely embraced as substitutes for HCFCs and other blowing agents across various foam applications. The company operates state-of-the-art production facilities in the U.S. and China. Notably, Honeywell's patent portfolio encompasses key molecules, including HFO-1233zd(E), HFO-1234ze(E), and HFO-1336mzzm.

Solvay

Solvay is an advanced materials and specialty chemicals company dedicated to evolving chemistry that produces and distributes specialty polymers, essential chemicals, and chemical materials among others. that addresses key challenges. The company engages in the manufacturing and sale of chemical and plastic products. It functions through four business segments - solutions, materials, corporate & business segments and chemicals. The company offers blowing agents through its special chemical division under the materials business segment. Solvay has research & innovation centers and industrial sites in Europe, North America, Latin America, and Asia. They have 42 Industrial sites across the globe with 6 major R&D centers. The company serves diversified global markets, including automotive, aerospace, consumer goods, healthcare, energy & environment, electrical & electronics, building & construction, and industrial sectors. The company is committed to sustainability and has a strong visionary strategy centered around four core priorities: market leadership, cost and process leadership, innovation, and sustainability.

Related Reports:

Blowing Agent Market by Chemistry, Foaming Process, Type (Hydrochlorofluorocarbons (HCFC), Hydrofluorocarbons (HFCS), Hydrocarbons (HCS)), Foam (Polystyrene Foam, Phenolic Foam, Polyolefin Foam), and Region - Global Forecast to 2029

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Blowing Agent Market Size,  Share & Growth Report
Report Code
CH 2309
RI Published ON
4/18/2024
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
GET A FREE SAMPLE

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

SEND ME A FREE SAMPLE
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status