Albany, NY -- (SBWire) -- 10/26/2018 --Blowing agents play a crucial role by helping to induce a specific cellular structure to the foamed material. This helps reduce the density of the foam, improve its acoustic and thermal insulation abilities, and also improve the relative toughness of the original material. Blowing agents can lend the desired characteristics to a myriad of materials. These characteristics could range from light-weighting, heat insulation, and sound absorbency to elasticity, permeability, electrical insulation and shock absorbency.

One of the most widely used blowing agents were chloro fluoro carbons (CFC's). However, they were phased out because of their harmful effects on the ozone layer. While developing new products with similar or better functionality than CFC's, players have to face several challenges such as the impact of the products on the environment and getting suppliers who can supply them with the requisite materials seamlessly among others.

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Blowing Agents Market: Segmentation

The major types of blowing agents that find use in the industry are: Hydrocarbons (HCs), hydro-chloro-fluoro-carbons (HCFCs), and hydro-fluoro-carbons (HFCs). Of these, hydrocarbons currently stand as the dominant product segment. Among hydrocarbons, butanes and pentanes are the most common blowing agents used. HCFCs have been gradually phased out in industrialized nations. In many other developing regions as well, HCFCs are being phased out gradually because of their reported adverse effects such as Ozone Depletion Potential (ODP) and Global Warming Potential (GWP). This has in turn led several companies to develop and launch alternative blowing agents that are environment friendly.

Among the key foams that see the utilization of such blowing agents are: Polyurethane foam, polystyrene foam, phenolic foam, and polyolefin foam. The polyurethane foam industry makes use of all types of blowing agents and as a result, holds a major share in the market. Owing to its wide range of applications in chemicals, construction and automotive industries, demand for polyurethane products is rising at a high growth rate, which, eventually, generates demand for blowing agents.

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The market place is dominated by a few global players with major market share. However there are a large number of small and medium sized players, especially in Asia Pacific, competing for the market share with aggressive pricing schemes. Leading manufacturers in the blowing agents market include E. I. DuPont de Nemours and Company, Arkema SA, Haltermann GmbH, Foam Supplies Inc, Solvay SA and Honeywell International Ltd.