Silanes Market By type, application, and region Forecast to 2023

Silanes are chemical compounds that consists of one or more silicon atoms linked together. The basic raw materials used for the manufacturing of silanes are silicone metal and methanol. Silanes are extensively used in a range of industries as adhesion promoters, coupling agents, and crosslinking agents. Silanes offer properties such as tear resistance, durability, and flexibility to various substrates which makes them suitable for use in rubber and plastics, paints and coatings, adhesives and sealants, and fiber treatment applications.

The growth of the global silanes market is primarily driven by the increasing use in the construction industry and the rising demand in the automotive industry. Silanes are also widely used in water-based coatings. The growing population in Asia-Pacific and increased housing and infrastructure development are expected to generate substantial revenue in the global silanes market during the forecast period. Moreover, the growing use of silanes in the automotive rubber industry is also expected to positively contribute to the growth of the market. However, the high costs associated with the production of silanes are expected to be a major restraint to the growth of the market during the forecast period.

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Key Players and Competition Analysis

Some of the manufacturers operating in the global silanes market are Gelest, Inc. (US), Schill+Seilacher "Struktol" GmbH (Germany), PCC SE (Germany), Shin-Etsu Chemical Co., Ltd (Japan), Momentive Performance Materials Inc. (US), CHT Group (Germany), DowDupont (US), Evonik Industries AG (Germany), Wacker Chemie AG (Germany), and SiVance, LLC (US).

Segmentation Analysis

The global silanes market has been segmented on the basis of type, application, and region.

By type, the market has been categorized as mono/chloro silane, amino silane, alkyl silane, sulfur silane, vinyl silane, epoxy silane, methacryluxy silane, and others.

Based on application, the global silanes market has been segmented into paints and coatings, adhesives and sealants, rubber and plastic, fiber treatment, and others.

On the basis of region, the market is divided into North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa.

Regional Analysis

The global silanes market has been segmented into five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

The market in Asia-Pacific is estimated to be the largest and fastest-growing during the forecast period. According to Market Research Future analysis, the market in Asia-Pacific was valued at over USD 550 million in 2017 and is projected to register a CAGR of 6.14%. Rising government spending on the development of infrastructure in the region and increasing automobile production are the major factors attributing to the growth of the market in Asia-Pacific. The North American silanes market was the second-largest in 2017 and is expected to maintain its position during the forecast period. The presence of major automobile manufacturers has augmented the demand for automotive rubber, where silanes are widely used. The market in the Middle East & Africa is also likely to exhibit steady growth owing to the growing construction industry in the region.

Browse the market data and information spread across 140 pages with 35 data tables and 10 figures of the report “Silanes Market By type, application, and region Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/silanes-market-6355

Miticides Market by form, source, mode of application, crop type, and region Forecast to 2023

Mites Market are small arthropods that attack crops. The majority of mites are beneficial to the environment such as predatory mites which include Phystoseiulus, Amplyeius, and Agistemus. However, mites such as the two-spotted spider mite, banks grass mite, and red mites pose a threat to crops. Two-spotted mites attack cotton, soybean canola, lucerne, peanut, mung bean, navy bean, and azuki bean. Heavy infestations will result in leaf desiccation, leaf drop, and yield loss. Miticides play an important role in killing and controlling the growth of mites on plants. To meet the growing demand for miticides, companies are incorporating these products into their portfolios. For instance, on 22 February 2017, OHP Inc. introduced a miticide under the brand name Notavo Ovicide for ornamental crops to provide long-term control of eggs and immature stages of two-spotted spider mites and other mites. On 17 February 2017, Gowan USA introduced a miticide/insecticide under the brand Nexter that helps knockdown and control broad mites, rust mites, pear psylla, aphids, whiteflies, spider mites, and leafhopper nymphs.

Increasing awareness about the advantages of miticides in maximizing overall yield by decreasing losses is primarily driving the growth of the global miticides market. This growth is also influenced by research and development of miticides such as usage in a broad range of crops, targeted knockdown of all life stages of mites with no toxicity to beneficial insects (predatory mites and pollinators), compatibility with integrated pest management (IPM) programs, long residual control, nature-based miticides, and cost-effectiveness. Quick action and easy handling are also boosting the growth of the product market. The US Food Quality and Protection Act restricts the use of chemical miticides above the recommended amount due to their harmful effects on pollinators, birds, and beneficial mites.  Excessive use can lead to high levels of residue, which is expected to hamper the growth of the product market to some extent during the forecast period

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Key Players and Competition Analysis

Some of the prominent players in the global miticides market are Syngenta (Switzerland), Bayer AG (Germany), Adama Agricultural Solutions Ltd (Israel), FMC Corporation (US), Gowan Company (US), BASF SE (Germany), DowDuPont (US), Certis USA LLC (US), Nissan Chemical Corporation (Japan), Philagro South Africa (Pty) Ltd (South Africa), Arysta LifeScience Corporation (Japan), Dhanuka Agritech Ltd (India), Phoenix Environmental Design Inc. (US), Crop Quest, Inc. (US), and United Phosphorus, Inc. (US).

Segmentation Analysis

The global miticides market has been segmented by form, source, and mode of application, crop type, and region. Based on form, the global miticides market has been divided into powder and liquid. By source, the global miticides market has been segregated into biological and chemical. Based on mode of application, the global miticides market has been segmented into foliar spray and soil treatment. On the basis of crop type, the global miticides market has been categorized as horticultural crops, field crops, and turf and ornamentals.

Regional Analysis

The global miticides market has been analyzed with respect to five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.  Asia-Pacific accounted for the largest market share in 2017 and is expected to maintain its dominance during the forecast period. The regional market has been growing at a rapid rate over the past decade due to the rising food demand owing to increasing population, lucrative government schemes related to agriculture, and increasing research of agricultural products. Europe and North America are also major markets for miticides due to the presence of an established agricultural industry, high agricultural expenditure, and an emphasis on technologically advanced farming techniques and products. The Latin American market is expected to witness a rising demand for miticides due to the growing agriculture industry particularly in countries such as Brazil and Argentina during the forecast period.

Browse the market data and information spread across 100 pages with 59 data tables and 14 figures of the report “Miticides Market by form, source, mode of application, crop type, and region Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/miticides-market-6353

Foliar Spray Market by fertilizer type, application, and region Forecast to 2023

Foliar spray is the process of applying liquid fertilizers in a spray form directly on to plant leaves. The stomata on plant leaves help absorb nutrients from the foliar spray. The response of plants to foliar nutrients is more rapid than in the case of soil application. Foliar applications are often timed to coincide with specific growth stages of plants such as flowering and fruiting, recovery from transplant shock, hail damage, or other extreme weather effects. Foliar sprays are especially beneficial when environmental conditions, such as high soil pH, excess moisture, and cold temperatures, limit the intake of nutrients from the roots. Foliar sprays also increase plant yield and resistance to diseases and insects, improve drought tolerance, and enhance crop quality.

Foliar spray fertilizers find application in horticultural crops, field crops, and turfs and ornamentals, among others. Liquid fertilizers used in foliar spray can be nitrogenous (N), phosphorus-based (P), potassium-based (K), mixed, or micronutrients.

The limitations of foliar spray such as dosage restrictions, phytotoxicity, and high costs may hinder the growth of the market during the forecast period. Furthermore, the waxy cuticles of plant leaves serve as a barrier to the absorption of nutrients from foliar sprays into the underlying tissue. The use of agricultural surfactants in foliar spray formulations helps solve the problem of waxy cuticles and greatly improves nutrient absorption. Apart from this, the effectiveness of foliar sprays can be enhanced by managing the pH of the spray solution in accordance with the pH of the applied nutrients, small droplet size, adequate spray volume, and application in the morning.

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Key Players and Competition Analysis

Some of the prominent players in the global foliar spray market are Coromandel International Limited (India), Yara International ASA (Norway), GSFC Ltd (India), Nutrien Ltd (Canada), EuroChem Group AG (Switzerland), K+S KALI GmbH (Germany), Israel Chemicals Ltd (Israel), the Mosaic Company (US), TRIBOdyn AG (Germany), Haifa Group (Israel), Lima Europe NV (Belgium), and Hebei Mon band Water Soluble Fertilizer Co., Ltd (China).

Segmentation Analysis

The global foliar spray market has been segmented by fertilizer type, application, and region.

On the basis of fertilizer type, the global foliar spray market has been divided into macronutrients and micronutrients. The macronutrients segment has been further categorized as nitrogenous (N), phosphorus-based (P), potassium-based (K), and mixed. Based on application, the global foliar spray market has been segregated into horticultural crops, field crops, turfs and ornamentals, and others.

Regional Analysis

The global foliar spray market has been analyzed with respect to five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.  Europe held the largest market share of the global foliar spray market in 2017 due to the presence of an established agricultural industry, high agriculture expenditure, and an emphasis on technologically advanced farming techniques and products in the region. These factors are also expected to result in the steady growth of the European market during the forecast period. North America is expected to be the second-largest market for foliar spray during the forecast period as the region is home to a developed agricultural industry. The market in Asia-Pacific is expected to be the fastest-growing during the forecast period. The regional agricultural industry has seen exponential growth over the last decade due to the rising population, availability of fertile and arable land, the presence of agricultural economies, lucrative government schemes, and R&D in farming techniques. The Latin American market is expected to witness significant demand for foliar sprays during the forecast period due to the growing agricultural industry in countries such as Brazil and Argentina.

Browse the market data and information spread across 100 pages with 35 data tables and 10 figures of the report “Foliar Spray Market by fertilizer type, application, and region Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/foliar-spray-market-6346

Thermoplastic Elastomers Market Type & Application Forecast to 2023

Thermoplastic elastomers (TPEs) are multifunctional polymeric materials that are processed in the same way as plastic but possess rubber properties. TPEs exhibit excellent performance characteristics such as shock absorption, cleanliness, easy sterilization, dimensional stability, chemical, weather, and thermal resistance, and flexibility. TPEs can be easily processed, molded, and recycled, and hence production requires low energy costs and is eco-friendly. They are mainly used in the automotive industry for fuel line coverings, side bumpers, mudguard components, air vents, door handles, and door weather strips, among others. In addition, TPEs find application in the building and construction, home appliances, and healthcare industries. The rising demand for TPEs in the automotive industry is expected to propel market growth during the forecast period. TPEs are used in the manufacturing of various vehicle components to reduce weight, thus increasing the efficiency of vehicles. Due to the expanding global population, the automotive industry is projected to grow at a significant rate and is likely to boost the demand for thermoplastic elastomers in the coming years. Moreover, TPEs are used in the manufacturing of anti-vibration mounts, inlet pipes and exhaust manifolds, filter housings seals, drum suspensions bushes, and door seals of washing machines and dishwashers. Furthermore, the application of TPEs in the electrical and footwear industries is likely to drive market growth during the review period.

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Key Players and Competition Analysis

Some of the prominent players in the global thermoplastic elastomers market are Timco Rubber (US), Arkema (France), Huntsman International LLC (US), the Dow Chemical Company (US), RTP Company (US), Covestro AG (Germany), Kraiburg TPE GmbH & Co. KG (Germany), Tosoh Corporation (Japan), the Lubrizol Corporation (US), Teknor Apex (US), Kent Elastomer Products (US), Altana AG (Germany), JSR Corporation (Japan), and Elastron Kimya SAN. TİC. AŞ (Turkey).

Segmentation Analysis

The global thermoplastic elastomers market has been classified based on product, end-use industry, and region. Based on product, the global thermoplastic elastomers market has been divided into vulcanizate, styrenic block copolymer, polyurethane, polyamide, olefin, and others. By end-use industry, the global thermoplastic elastomers market has been segregated into automotive, building and construction, footwear, home appliances, healthcare, and others. Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa are the five regions studied for the global thermoplastic elastomers market.

Regional Analysis

The global thermoplastic elastomers market has been studied with respect to five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. In 2017, Asia-Pacific accounted for the largest share of the global thermoplastic elastomers market owing to the high product demand in the automotive and footwear industries. The expanding global population and rapid industrialization are expected to be the key factors powering product demand in this region. Furthermore, the robust growth of the building and construction industry is expected to propel the regional market growth during the forecast period.

The US is projected to be the leading market for TPEs in North America. This can be attributed to the large number of automotive production plants, use of biodegradable products, and advancements in the healthcare sector. The need for sustainability and efficiency of vehicles and the increasing product demand in electrical applications are likely to drive the growth of the regional market in Europe.

Browse the market data and information spread across 140 pages with 36 data tables and 12 figures of the report “Thermoplastic Elastomers Market Type & Application Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/thermoplastic-elastomers-market-6344

Polyolefin Powders Market on the basis of type, application, and region Forecast to 2023

Polyolefin powders, also called fluff or flake, offer high bulk density, narrow particle size distribution, and good powder flow ability. A polyolefin solution is made with a solvent, no solvent, small amount of an inorganic compound, and water; this solution is then cooled to create a polyolefin powder. The polymerized powder needs to be cleaned of residual monomers, catalysts, and solvents using a decanter centrifuge, purge bin, degassing vessel, or deodorizing silo. After cleansing, the dry powder is pneumatically transferred to containers where it is stored in nitrogen to prevent oxidation.

The global polyolefin powders market is primarily driven by the increasing use of these powders in major industries such as electronics, food packaging, construction, automotive, textiles, and healthcare. The different types of polyolefin powders are polypropylene (PP), polyethylene (PE), and ethylene-vinyl acetate (EVA). The growth of the end-use industries in emerging nations in Asia-Pacific is one of the major factors driving market growth. Growth-centric countries in the region such as China, India, Thailand, Malaysia, and Indonesia are expected to offer lucrative opportunities to market players during the forecast period.

Market players are focusing on strategic developments such as acquisitions and product launches. For instance, in June 2018, LyondellBasell Industries Holdings BV received an antitrust clearance from the European Commission to acquire A. Schulman Inc. for USD 2.25 billion to strengthen its compounding business.

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 Key Players and Competition Analysis

Some of the manufacturers operating in the global polyolefin powders market are LyondellBasell Industries Holdings BV (Netherlands), Exxon Mobil Corporation (US), INEOS (UK), Merck KGaA (Germany), SABIC (Saudi Arabia), Borealis AG (Austria), Eastman Chemical Company (US), Axalta Coating Systems (US), Wacker Chemie AG (Germany), Mitsui Chemicals, Inc. (Japan), Asahi Kasei Corporation (Japan), and Sumitomo Seika Chemicals Co., Ltd (Japan).

Segmentation Analysis

The global polyolefin powders market has been segmented on the basis of type, application, end-use industry, and region. Based on type, the global polyolefin powders market has been divided into PP, PE, and EVA. The PE segment has been further segregated into high density polyethylene (HDPE) and low-density polyethylene (LDPE). On the basis of application, the market has been categorized as rotomolding, master batches, SMC, BMC, dusting agents, sintering agents, binding agents, carpet applications, and others. By end-use industry, the market has been segmented into electronics, food packaging, construction, automotive, textiles, medical, and others. 

Regional Analysis

The global polyolefin powders market has been segmented into five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. The market in Asia-Pacific dominated the global polyolefin powders market in 2017 due to the high demand in major end-use industries. Fast-paced industrialization in emerging economies such as China and India is expected to fuel product demand in diverse applications. North America accounted for the second-largest market share in 2017 due to the high demand for polyolefin powders in the food packaging, automotive, electronics, construction, and aerospace industries in the region. The European market is expected to grow at a significant rate due to the high production and sales of automotive parts in the region. The Latin American market is projected to witness considerable growth due to the growing automotive industry in Brazil and Argentina.

Browse the market data and information spread across 140 pages with 47 data tables and 12 figures of the report “Polyolefin Powders Market on the basis of type, application, and region Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/polyolefin-powders-market-6343

Lubricating Oil Additives Market Application, Type, Share by Industry Report 2023

Lubricating oil additives are chemical compounds added to lubricating oil to provide new properties or enhance the present properties of the base oil. Some additives help suppress the undesirable properties of the base oil as well. These additives are mainly applicable in the automotive industry to allow for the safe and efficient working of the engine, gearbox, and other assembly. Moreover, this product is used in compressors and refrigeration systems to increase the lifespan of the machine. The additives that enhance the existing properties of the lubricating oil are anti-foaming agents, corrosion inhibitors, and antioxidants, whereas pour-point depressants and viscosity index improvers help suppress the undesirable properties of the base oils. In addition, detergents, extreme-pressure additives, and emulsifiers provide new properties to the base oils. For instance, on 7 September 2017, BASF India Limited, a subsidiary of BASF SE, inaugurated its new technical laboratory for fuel and lubricant solutions at its Navi Mumbai plant in India. The laboratory mainly focuses on oil packages for turbines, hydraulics and compressors, and the latest-generation tractors by achieving better fuel efficiencies and enhancing the lifetime of the complex machinery. 

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The increasing demand for additives in the automotive industry is likely to drive market growth during the forecast period. These additives enhance the properties of the lubricants thus providing efficient and economic performance of the engine. Furthermore, these compounds prevent corrosion, improve the viscosity index, and act as antioxidants to extend hardware durability. This is expected to boost the demand for the product in the years to follow. In addition, lubricating oil additives can be used as detergents to stabilize the dirt in oil formulations. 

Segmentation Analysis

The global lubricating oil additives market has been segmented on the basis of end-user, type, application, and region. Based on end-user, the global lubricating oil additives market has been segregated into automotive, industrial, and others. Considering the type of additive, the global lubricating oil additives market has been divided into antioxidant, demulsifier, viscosity index improver, detergent, friction modifier, anti-foam agent, corrosion inhibitor, and others. By application, the global lubricating oil additives market has been categorized as engine oil, gear oil, hydraulic fluid, industrial oil, process oil, and others. The global lubricating oil additives market has been studied with respect to five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

Key Players and Competition Analysis

Some of the leading players in the global lubricating oil additives market are the Lubrizol Corporation (US), BASF SE (Germany), Infineum International Limited (UK), Tianhe Chemicals (China), Chevron Oronite Company LLC (US), Afton Chemical (US), Evonik Industries AG (Germany), Croda International PLC (UK), BRB International BV (Netherlands), Lanxess (Germany), and Krystal Lubetech Private Limited (India).

 Regional Analysis

The global lubricating oil additives market has been studied with respect to five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia-Pacific accounted for the largest share of the global lubricating oil additives market in 2017. This can be attributed to the increased demand for the product in the automotive sector, especially in emerging economies such as China, India, Japan, Indonesia, and South Korea. Moreover, the growth of the industrial sector and the need for increasing the efficiency of machines are likely to fuel the growth of the lubricating oil additives market during the forecast period. 

North America and Europe are the other substantial markets for lubricating oil additives. North America being the second-largest region in automotive production, the demand for lubricating oil additives is expected to increase in the coming years. The rising need to reduce gas emissions and enhance fuel economy, coupled with advancements in the automotive sector, is projected to boost the demand for the product in Europe. The major countries in this region contributing to market growth are Germany, the UK, France, and Italy. Lastly, the markets in the Middle East & Africa and Latin America are estimated to witness significant growth during the forecast period owing to technological advancements and the increasing demand for automobiles in these regions.

Browse the market data and information spread across 100 pages with 47 data tables and 16 figures of the report “Lubricating Oil Additives Market Application, Type, Share by Industry Report 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/lubricating-oil-additives-market-6316

Green Tires Market by raw material, vehicle type, application, and region Forecast to 2023

Vehicles are one of the largest contributors to air pollution across the world, producing significant amounts of nitrogen oxide, carbon monoxide, and other pollutants. Furthermore, air pollution levels are high due to the use of old and inefficient diesel vehicles and a lack of active public transport networks in developing nations.

Vehicle fuel efficiency greatly affects air pollution. The higher the rolling resistance—the friction between the tire and road surface—of a vehicle’s tires, the more fuel is required to overcome the friction, leading to more pollutants being released. This has led companies to develop green tires, which reduce the rolling resistance while still ensuring driver safety and reducing emissions. While traditional tires are typically made of rubber, green tires are manufactured using raw materials such as silica incorporated rubber, butyl rubber, silica and silane incorporated rubber, silane incorporated rubber, recycled rubber, and renewable raw materials, among others.

Increasing environmental awareness among consumers is a key driver for the growth of the global green tires market. Stringent regulations for vehicle emissions in developed regions such as North America and Europe are another major factor fueling product demand. Furthermore, rising per-capita income and a growing working population have led to increased automotive sales, especially in Asia-Pacific, driving the demand for green tires during the forecast period.

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Key Players and Competition Analysis

Michelin (France), Lanxess (Germany), Evonik Industries AG (Germany), Bridgestone Americas Tire Operations, LLC (US), MRF (India), Apollo Tyres (India), the Goodyear Tire & Rubber Company (US), Hankook Tire (South Korea), Pirelli Tire North America LLC (US), PPG Industries, Inc. (US), Green Arc Tire Manufacturing Inc. (Canada), Giti Tire Pte Ltd (Singapore), Sailun Tires (Canada), Cooper Tire & Rubber Company (US), and Nexen Tire America Inc. (US).

Segmentation Analysis

The global green tires market has been segmented by raw material, vehicle type, application, and region. On the basis of raw material, the global green tires market has been divided into silica incorporated rubbers, butyl rubber, silica and silane incorporated rubber, silane incorporated rubber, recycled rubber, renewable raw materials, and others. Based on vehicle type, the global green tires market has been segregated into passenger cars, light-duty vehicles, heavy-duty vehicles, motorcycles, aircraft, non-road diesel equipment, and others.

Regional Analysis

The global green tires market has been analyzed with respect to five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.  Europe held the largest market share of the global green tires market in 2017 and is expected to maintain its dominance during the forecast period. Stringent environmental regulations for vehicle emissions, awareness of the benefits of green tires, and the presence of an established automotive industry in Germany contribute to the growth of the market in the region. North America was the second-largest green tires market in 2017. Stringent regulations by the US Environmental Protection Agency (EPA) are positively influencing the product market in the region. Asia-Pacific is another major market for green tires due to the growth of the automotive industry in China. Furthermore, rising per-capita income and a growing working population are boosting regional automotive sales, especially in India and Japan.

Browse the market data and information spread across 140 pages with 47 data tables and 12 figures of the report “Green Tires Market by raw material, vehicle type, application, and region Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/green-tires-market-6340

Blowing Agents Market: Industry Analysis, Growth, Size & Forecast to 2018-2023

The blowing agent is a chemical additive, which is widely used in the generation of gas to expand rubber, plastics, and ceramics, which results in the creation of foam. The use of blowing agent offers a range of advantages such as lightweight, heat insulation, sound & shock absorbency, elasticity, electrical insulation, permeability, and others.

Blowing agents provide lightweight nature to the automotive, thereby increasing its efficiency and reducing the emission level. They also provide insulation and cushioning effects and are majorly used for manufacturing seats, plastic interiors, and weather strips. Various environment protection regulations regarding the reduction of harmful emissions such as Bharat Stage Emission Standards (BSES) in India and the Chinese State Environmental Protection Administration (SEPA) are likely to fuel the product demand in the automotive sector. These agents are used in the aerospace industry to manufacture engine turbines as it saves raw material costs and improves quality. Moreover, the lightweight, an added advantage, is propelling their demand in the aerospace industry. The use of blowing agents in the construction sector due to its insulation properties, high mechanical strength, and ability to make thinner structures is expected to fuel the market growth further over the assessment period. However, the environmental regulations lead to the frequent changes in the choice of blowing agents, which is likely to have a major impact on the market growth during the review period. 

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The market players are focusing on strategic development by the adoption of mergers, acquisition, product launch, and others. For instance, in 2014, BASF announced its new formulation of Elastocool® rigid foams utilizing Honeywell’s Solsitice® Liquid Blowing Agent (LBA) is now being used by Whirlpool Corp. in a line of its consumer refrigerators. The product was the first commercial polyurethane system to use low global warming potential (GWP) hydroolefin foam blowing agent. Furthermore, in October 2017, the Chemours Company was announced as the winner of the Polyurethane Innovation Award at the Polyurethanes Technical Conference for its OpteonTM 1100 foam blowing agent, which is a low GWP agent that offers exceptional energy efficiency, extended shelf life, long-term R-values, material compatibility, and ease of conversion.

Segmentation Analysis

The global blowing agents market is segmented on the basis of the type, product, application, and region. On the basis of the type, the global blowing agents market is segmented into exothermic and endothermic. Based on the product, the global market is segmented into hydrochlorofluorocarbons, hydrofluorocarbons, hydrocarbons, and hydrofluoroolefins. On the basis of the application, the market is segmented into rigid polyurethane, flexible polyurethane, integral skin polyurethane, polystyrene, polyolefin, phenolic, and others.

 Key Players and Competition Analysis

Some of the manufacturers operating in the global blowing agents market are Solvay (Belgium), The Dow Chemical Company (U.S.), INEOS Group (Switzerland), DAIKIN INDUSTRIES, LTD. (Japan), Arkema (France), BASF SE (Germany), SINOCHEM GROUP (China), ZEON CORPORATION (Japan), Harp International Ltd. (U.K), Honeywell International Inc. (U.S.), Exxon Mobil Corporation (U.S.), AkzoNobel N.V. (Netherlands), and The Chemours Company (U.S.).

Regional Analysis

The global blowing agents market is segmented into five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia Pacific dominated the global blowing agents market in 2016 owing to high demand for blowing agents from the automotive and construction industry. The increasing demand for lightweight automotive due to increasing environmental concerns is expected to drive the market growth in the region. Europe accounted for the second largest market share in the year 2016 on account of the high production and sales of automotive parts in Western European countries. North America is expected to witness a considerable growth on account of the high demand from the reviving construction, automotive, and aerospace industry.

Browse the market data and information spread across 100 pages with 47 data tables and 12 figures of the report “Blowing Agents Market: Industry Analysis, Growth, Size & Forecast to 2018-2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/blowing-agents-market-6037