The growth in global polymer foam industry us is driving the demand in blowing agents industry. Additionally, the major suppliers are responding towards the phase-out of CFC’s and HCFC’s by providing wide variety of alternative blowing agents and maintaining their supply globally. The major polymeric foam industry utilizing practically all types of blowing agents is polyurethane foams industry.
The Blowing Agents market has great growth potential. The market is expected to grow at a compound annual growth rate of 5.8%, over the next five years and reach 452 kilotons by 2019. Asia-Pacific, with its thriving economies and rapidly expanding manufacturing bases, is expected to experience highest consumption during the next five years.
Complete report is available @ http://www.rnrmarketresearch.com/blowing-agents-market-by-type-hcfcs-hfcs-hcs-others-by-foam-type-pu-ps-phenolic-polyolefin-others-geography-trends-and-forecasts-to-2019-market-report.html .
