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Global Polyurethane Foam Blowing Agents Market 2019-2023 | Growth Analysis and Forecast | Technavio

February 13, 2019
Technavio has released a new market research report on the global polyurethane foam blowing agents market for the period 2019-2023. (Graphic: Business Wire)

LONDON--(BUSINESS WIRE)--Feb 13, 2019--The global polyurethane (PU) foam blowing agents market research report by Technavio predicts the market to post a CAGR of more than 6% during the period 2019-2023.

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Technavio has released a new market research report on the global polyurethane foam blowing agents market for the period 2019-2023. (Graphic: Business Wire)

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.

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.

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: 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.

“HC-based PU foam blowing agents offer superior insulation and are thus increasingly being used in commercial refrigeration, cold storage, food processing, and other end-user industries. This will encourage market growth over the forecast period,” says a senior research analyst at Technavio.

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.

Looking for more information on this market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

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

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190213005744/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS OTHER MANUFACTURING

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 02/13/2019 02:53 PM/DISC: 02/13/2019 02:53 PM

http://www.businesswire.com/news/home/20190213005744/en

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