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(Construction.IndustryNews247.Com, February 10, 2016 ) The anxieties regarding global warming, due to the use of HFC and HCFC products has led to their final phase-out stage in recent years. Governments and concerned environmental organization of western countries are making strict regulations to impede the use of these materials in industries. In 2014, hydrofluorocarbons (HFCs) and HFC blends that were previously declared safe under the Significant New Alternatives Policy Program (SNAP program) of U.S. Environmental Protection Agency (EPA) are now excluded for a certain class of application such as aerosols, refrigeration and air conditioning, and foam blowing sectors. This has facilitated new opportunity for the companies to develop new blowing agents.
Explore more about foam blowing agents market: https://www.psmarketresearch.com/market-analysis/foam-blowing-agents-market
It is expected that the emphasis on development and manufacturing of low global-warming-potential (GWP) foam blowing agents will be the most dominant growth factor of foam blowing agents market in coming years. Some of the leading players of foam blowing agents market such as Honeywell International Inc. and Arkema S.A. have started production and marketing of low GWP foam blowing agents. Apart from environment sustainability these products also possess high energy performance. These two factors are expected to be most crucial for the foam blowing agents market development in coming years.
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Rising demand of foam blowing agents from the polyurethane foam manufacturing industry, and surging urbanization coupled with increasing demand of foam blowing agents from the construction industry are some of the predominant drivers of the global foam blowing agents market. The demand from the niche application of foam blowing agents such as packaging and furniture are also boosting the foam blowing market in recent years.
Based on the different product type the global foam blowing agents market can be segmented as:
1. Hydrochlorofluorocarbons (HCFCS), on the basis of different product under HCFCS segment the market can be further bifurcated as: • HCFC-141b • HCFC-142b • HCFC-22 • Others HCFCS 2. Hydrofluorocarbons (HFCs), based on the different product under HFCs the market can be bifurcated as: • HFC-245fa • HFC-134a • HFC-152a • HFC-365MFC 3. Hydrocarbons (HCS), ), based on the different product under HFCs the market can be bifurcated as: • N-Pentane • Isopentane • Cyclopentane • N-Butane • Other HCS 4. Others • Methyl Formate • Hydrofluoroolefin • Inert Gases • Others
The foam blowing agents market in Asia-Pacific region is growing at the highest rate attributed to the massive urbanization in the developing countries such as China, and India. The demand for the traditional foam blowing agents such as HCFCS and HFC are still growing at significant rate in this region owing the weaker environment norms in developing countries.
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Some of the major players operating in foam blowing agents market include, Arkema S.A., Daikin Industries, Ltd., Exxonmobil Corporation, Haltermann GMBH, Honeywell International Inc., Linde Ag, Sinochem Group, Zeon Corporation, Changshu 3F Zhonghao New Chemical Materials Co., Ltd., E.I. Dupont De Nemours & Company, Foam Supplies, Inc., Harp International Ltd., Scharr CPC GMBH, and Solvay S.A.
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