PUBLISHER: Lucintel | PRODUCT CODE: 1417209
PUBLISHER: Lucintel | PRODUCT CODE: 1417209
The future of the global foam blowing agent market looks promising with opportunities in the building and construction, automotive, bedding and furniture, appliance, and packaging markets. The global foam blowing agent market is expected to reach an estimated $2.5 billion by 2030 with a CAGR of 4.9% from 2024 to 2030. The major drivers for this market are increasing consciousness regarding environmental sustainability, escalating need for polyurethane foam in the construction and automotive industries, and significantly growing cold chain infrastructure.
A more than 150-page report is developed to help in your business decisions.
The study includes a forecast for the global foam blowing agent by type, foam type, application, and region.
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies foam blowing agent companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the foam blowing agent companies profiled in this report include-
Lucintel forecasts that hydrocarbon (HCs) will remain the largest segment over the forecast period due to its their zero global warming potential (GWP) and negligible ozone depletion potential (ODP) as compared to fluorocarbons.
Within this market, building and construction will remain the largest segment due to rising emphasis on sustainable construction methods and energy conservation.
APAC is expected to witness highest growth over the forecast period due to rapid urbanization, infrastructure growth, and growing demand for energy-efficient buildings and insulation materials in the region.
Market Size Estimates: Foam blowing agent market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Foam blowing agent market size by type, foam type, application, and region in terms of value ($B).
Regional Analysis: Foam blowing agent market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, foam types, applications, and regions for the foam blowing agent market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the foam blowing agent market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Q1. What is the foam blowing agent market size?
Answer: The global foam blowing agent market is expected to reach an estimated $2.5 billion by 2030.
Q2. What is the growth forecast for foam blowing agent market?
Answer: The global foam blowing agent market is expected to grow with a CAGR of 4.9% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the foam blowing agent market?
Answer: The major drivers for this market are increasing consciousness regarding environmental sustainability, escalating need for polyurethane foam in the construction and automotive industries, and significantly growing cold chain infrastructure.
Q4. What are the major segments for foam blowing agent market?
Answer: The future of the foam blowing agent market looks promising with opportunities in the building and construction, automotive, bedding and furniture, appliance, and packaging markets.
Q5. Who are the key foam blowing agent market companies?
Answer: Some of the key foam blowing agent companies are as follows.
Q6. Which foam blowing agent market segment will be the largest in future?
Answer: Lucintel forecasts that hydrocarbon (HCs) will remain the largest segment over the forecast period due to its their zero global warming potential (GWP) and negligible ozone depletion potential (ODP) as compared to fluorocarbons.
Q7. In foam blowing agent market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rapid urbanization, infrastructure growth, and growing demand for energy-efficient buildings and insulation materials in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.