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Global polyurethane foam blowing agents market size is forecast to grow by USD 135.29 million during 2019-2023 at a CAGR of over 6%, with HC segment having the largest market share. Polyurethane foam blowing agents market analysis indicates growth will be driven by the growing demand for PU foam blowing agents from automotive and construction industries. Polyurethane foam blowing agents industry growth will also be impacted by technological changes in refrigeration systems.<br>
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Global polyurethane foam blowing agents market size is forecast to grow by USD 135.29 million during 2019-2023 at a CAGR of over 6%, with HC segment having the largest market share. Polyurethane foam blowing agents market analysis indicates growth will be driven by the growing demand for PU foam blowing agents from automotive and construction industries. Polyurethane foam blowing agents industry growth will also be impacted by technological changes in refrigeration systems. The demand for PU foams has been growing owing to the rise in automotive production as these foams are increasingly used to manufacture interior components in cars. PU foam blowing agents are also used in the production of other automotive parts such as side skirts, wiper cowls, roll pans, and bumpers. Looking for more information on this market?Request a free sample report http://bit.ly/2NiTWD8 As per Technavio, the technological changes in refrigeration systems will have a positive impact on the market and contribute to its growth significantly over the forecast period. This global polyurethane foam blowing agents market 2019-2023 research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023. Global polyurethane foam blowing agents market: Technological changes in refrigeration systems The changing energy and environmental regulations for refrigerators have led the appliance PU industry to adopt blowing agents with improved thermal gas conductivity. These blowing agents exhibit lower GWP than the standard HCFC or HFC-based blowing agents. The manufacturers are thus, trying to balance the cost/performance position by using blends of high-performance and cost-effective blowing agents. This report is available at a USD 1,000 discount for a limited time only:View market snapshot before purchasing Global polyurethane foam blowing agents market: Segmentation analysis This polyurethane foam blowing agents market analysis report segments the market by type (hydrocarbons (HC), hydrofluorocarbons (HFC), hydrochlorofluorocarbons (HCFC), hydrofluoroolefins (HFO), and others), and geography (APAC, Europe, MEA, North America, and South America).
The HC segment held the largest polyurethane foam blowing agents market share in 2018. The increasing use of HC-based foam blowing agents in several end-user industries such as automotive, appliances, construction, flooring, and furnishing will boost the growth of the segment. APAC accounted for the highest share of the market in 2018. The increasing demand for PU foams from consumer goods industries will boost the demand for PU foam blowing agents in the region. Some of the key topics covered in the report include: Market Landscape Market ecosystem Market characteristics Market segmentation analysis Market Sizing • • • Market definition Market size and forecast Five Forces Analysis • • Market Segmentation Geographical Segmentation Regional comparison Key leading countries Market Drivers • • Market Challenges Market Trends Vendor Landscape Vendors covered Vendor classification Market positioning of vendors Competitive scenario • • • •