The blowing agent is a chemical substance that is used in generating a gas to expand rubber, plastics, and ceramics to create foam. Blowing agents are used to impart features such as low weight, heat insulation, sound absorbency, permeability, elasticity, electrical insulation, excellent textures, wood grain, and shock absorbency.
Hydrofluorocarbons (HFC) is the most-widely used product type of blowing agents. HFCs has currently become a widely accepted blowing agent type as they are eco-friendly since they have low ozone depletion potential (ODP). Also, these are used as a replacement for hydrochlorofluorocarbons (HCFCs) as they are scheduled to phase out by 2030. HCFCs are harmful to the environment and hence are scheduled to phase out. This is driving the manufacturers to use HFCs as a replacement for HCFCs in most of the applications.

Market Analysis and Insights: Global Blowing Agent Market
The global Blowing Agent market size is projected to reach US$ 1551.8 million by 2026, from US$ 1278 million in 2020, at a CAGR of 3.3% during 2021-2026.
Global Blowing Agent Scope and Segment
The global Blowing Agent market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Blowing Agent market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.
The major regions covered in the report are North America, Europe, Asia-Pacific, South America, Middle East & Africa, etc. The report has specifically covered major countries including U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. It includes revenue and volume analysis of each region and their respective countries for the forecast years. It also contains country-wise volume and revenue from the year 2015 to 2020. Additionally, it provides the reader with accurate data on volume sales according to the consumption for the same years.

Segment by Type, the Blowing Agent market is segmented into
HCFC
HFC
HC
Others

Segment by Application, the Blowing Agent market is segmented into
Polyurethane Foams
Polystyrene Foams
Phenolic Foams
Polyolefin Foams
Others

Blowing Agent market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Blowing Agent business, the date to enter into the Blowing Agent market, Blowing Agent product introduction, recent developments, etc.
The major vendors covered:
Arkema
Daikin Industries
ExxonMobil
Honeywell
The Chemours Company
Aeropres
Ajanta Group
Solvay
Dupont
Haltermann
Foam Supplies
HARP International

Geographic Segmentation
The report offers exhaustive assessment of different region-wise and country-wise Blowing Agent markets such as U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
For the period 2015-2026, the report provides country-wise revenue and volume sales analysis and region-wise revenue and volume analysis of the global Blowing Agent market. For the period 2015-2020, it provides sales (consumption) analysis and forecast of different regional markets by Application as well as by Type in terms of volume.