HOME Research Insight Blowing Agents Consumption Market Amounting 452.0 Kilotons by 2019

Blowing Agents Consumption Market Amounting 452.0 Kilotons by 2019

The blowing agents market is subjugated by respective regional players along with the presence of few global players in key growth markets. Asia-Pacific is the biggest and also the fastest growing market of blowing agents. Various market players have integrated their value chains so as to reduce the impact of external environment on product economics.

Arkema SA (France), E. I. DuPont de Nemours and Company (U.S.), Foam Supplies Inc (U.S.), Haltermann GmbH (Germany), Honeywell International Ltd. (U.S.), Lambiotte cia SA/NV (Belgium), Solvay SA (Belgium), and many others are among the major manufacturers of blowing agents, with Honeywell, Foam Supplies, Haltermann, and Arkema being the most active players between 2011 and 2013.

In terms of market activities, Honeywell International Ltd. (U.S.) was the most active player from 2011 to 2013 with a share of 45.0% of the total development activities. The company took various efforts to enhance its brand image and to be in harmony with the market trends by developing new product and collaborating with companies in end-user industry. Subsequently, Foam Supplies was the other active player to create awareness of their unique patented product for new application areas and focus on expansions to obtain wide presence. The other most dynamic in market was Haltermann, supplying mostly hydrocarbon blowing agents, tried to gain market presence using merger and acquisitions as their growth strategy. These two companies together accounted for 30.0% of the total market activities between 2011 and 2013. Arkema was active around the globe to expand its market presence by development and declaration of commercialization of HFOs in 2014.

Related Reports:
Blowing Agents Market by Type (HCFCs, HFCs, HCs, Others), by Foam Type (PU, PS, Phenolic, Polyolefin, Others) Geography - Trends and Forecasts to 2019

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