Chemical Blowing Agents Market Size, Share, Opportunities, And Trends By Type (Exothermic Chemical Foaming Agents (Azodicarbonamide (ADC), Others), Endothermic Chemical Foaming Agents (Sodium Bicarbonate, Hydrofluorocarbons (HFCs), Others), ENDO/EXO Blend Chemical Foaming Agents), By Foaming Process (Molding, Extrusion), By End-User (Automotive, Construction, Packaging, Furniture, Others), And By Geography - Forecasts From 2025 To 2030

  • Published : Feb 2025
  • Report Code : KSI061617324
  • Pages : 145
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Chemical Blowing Agents Market Size:

The chemical blowing agents market is projected to grow at a CAGR of 2.96% to reach US$210.256 million by 2030 from US$181.695 million in 2025.

The market for chemical blowing agents is on an wirtnessing increment driven by demand for lightweight materials, constructions, and other sustainable solutions. The adoption of lightweight materials in automotive and aerospace industries is a step toward fuel efficiency and reduced emission. The packaging industry continues its expansion, and technological advancements in chemical blowing agents ensure their wider use. Chemical blowing agents are also considered in the automotive sector for interior components and sound dampening strategies. Government incentives for energy-efficiency in sustainable construction ensure heavy demand for foamed plastics from emerging markets and urbanization.


Chemical Blowing Agents Market Overview & Scope:

The chemical blowing agents market is segmented by:

  • Gas Type: The chemical blowing agents market consists of nitrogen, carbon dioxide, water vapour, and others.
  • Foam Type: the chemical blowing agent is divided into polyurethane foam, polystyrene foam, phenolic foam, polypropylene foam, polyethylene form, and other foam type.
  • Process: The chemical blowing agents market has been segmented by foaming processes into molding, extrusion and others. The extrusion segment is expected to have major market share and is expected to grow with requirement for thermal insulation, automotive parts, and household appliances.
  • End-User Industry: The building and construction sector is a considerable growth sector for chemical blowing agents. This segment driving force is energy efficiency and sustainability since the demand for chemical blowing agents used for the thermal insulation of construction has grown majorly.
  • Region: The North American chemical blowing agents market is growing due to the expansion of the construction, automotive, and packaging industries, coupled with increased research and development for enhanced properties such as thermal insulation and flame retardancy. Construction expenditure in the USA was predicted at approximately $2,192.2 billion in December 2024, showing a growth rate of 4.3 percent when compared to the December 2023 figure of $2,101.3 billion.

Top Trends Shaping the Chemical Blowing Agents Market:

1. Shift Towards Environmentally Friendly Blowing Agents

  • A strong trend towards the adoption of chemical blowing agents with low Global Warming Potential (GWP) and zero Ozone Depletion Potential (ODP)is in place across the globe. This is due to stricter environmental regulations and the growing awareness of consumers.

2. Rising emphasis on energy-efficient buildings

  • The recognition of a growing trend towards energy-efficient building culture by various countries has created the wide spread use of chemical blowing agent which, due to their high degree of thermal insulation, actually contribute in reducing energy consumption for residential and commercial buildings.

Chemical Blowing Agents Market Growth Drivers vs. Challenges:

Opportunities:

  • Increasing demand in end-user industries: Urbanization and infrastructure development are boosting demand for insulation, and blowing agents are critical for foam insulation. Energy efficiency is a burning issue with respect to buildings and the automotive industries, where lightweight foam components using chemical blowing agents improve fuel efficiency and enhance comfortable, safe interiors. For instance, according to the report from the International Finance Corporation, greener policies initiatives related to renewable energy and green building opportunities were promoted, which was recorded to value US$21 billion through 2025 in the commercial market from 2018 while in the same period in the residential market was estimated to value US$61 billion in Argentina.
  • Increasing Demand for Lightweight Materials:  Weight savings enhance fuel efficiency and reduce emissions in automotive and aerospace industries are instrumental in adopting lightweight materials. Foamed plastics are produced by chemical blowing agents, used in dashboards, seat cushions, and insulation materials leading to growth of market. For instance,

the Asahi Kasei S.O.E.was developed to enhance performance and raw material functions within the TPS compounds utilized for automotive interior trim applications. S.O.E. offers excellent touch feel and also abrasion resistance and aesthetic properties to interior trim parts, along with improving the recyclability option. The chemical blowing agent allows the S.O.E. to create foam cells in molded TPS compounds, this end application is now being utilized in the interiors by the automotive sector.

Challenges:

  •  Health and Safety Issues:  The use of certain chemical blowing agents poses a health risk in their manufacture, use, and disposal, thereby necessitating stringent safety measures which could increase operational costs. The protection of workers requires the implementation of stringent protocols, training, and provision of equipment, which can be resource-intensive.

Chemical Blowing Agents Market Regional Analysis:

  • Asia-Pacific: Rapid industrialization and urbanization in the Asia-Pacific region are fuelling the demand for foam products in the construction, automotive, appliance, and packaging sectors, thus boosting the chemical blowing agents market. For instance, as reported by CRISIL Infrastructure Yearbook 2023, India was set to spend around Rs 143 lakh crore (US$ 1,727.05 billion) over seven fiscals on infrastructure development during 2023.

Chemical Blowing Agents Market Competitive Landscape:

The market is fragmented, with many notable players including Arkema S.A., HPL Additives Limited, and Solvay S.A., among others:

  • In June 2024, ADEKA launched two new chemical foaming agents (CFA) for the automotive sector: ORGATER MB.BA.33 and ORGATER MB.BA.34, which is a masterbatch foaming agent reducing the odor for plastic finishing parts, specifically designed for core back injection standard.
  • In April 2024, Solvay inaugurated a new blowing agent production unit in Rosignano, Italy, intending to change the plastic foaming business with its eco-designed Alve-One chemical blowing agent. This important European unit will deliver uncomparable sustainable advantages, which is a great milestone for the world leader in essential chemistry.

Chemical Blowing Agents Market Scope:

Report Metric Details
Chemical Blowing Agents Market Size in 2025 US$181.695 million
Chemical Blowing Agents Market Size in 2030 US$210.256 million
Growth Rate CAGR of 2.96%
Study Period 2020 to 2030
Historical Data 2020 to 2023
Base Year 2024
Forecast Period 2025 – 2030
Forecast Unit (Value) USD Million
Segmentation
  • Gas Type
  • Foam Type
  • Process
  • End-User Industry
  • Geography
Geographical Segmentation North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in Chemical Blowing Agents Market
  • Bergen International
  • Arkema S.A.
  • HPL Additives Limited
  • Solvay S.A.
  • Lautan Otsuka Chemical
Customization Scope Free report customization with purchase

 

Chemical Blowing Agents Market is analyzed into the following segments:

By Gas Type

  • Nitrogen
  • Carbon Dioxide
  • Water Vapour
  • Others

By Foam Type

  • Polyurethane Foam
  • Polystyrene Foam
  • Phenolic Foam
  • Polypropylene Foam
  • Polyethylene Form
  • Other Foam Type

By Process

  • Injection Molding
  • Extrusion
  • Others

By End-User Industry

  • Building and Construction
  • Automotive
  • Bedding and Furniture
  • Appliances
  • Packaging
  • Other Applications

By Region

  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Spain
    • Others
  • Middle East & Africa
    • Saudi Arabia
    • United Aran Emirates
    • Others
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Taiwan
    • Thailand
    • Others

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Frequently Asked Questions (FAQs)

The chemical blowing agents market is expected to reach a total market size of US$210.256 million by 2030.

Chemical Blowing Agents Market is valued at US$181.695 million in 2025.

The chemical blowing agents market is expected to grow at a CAGR of 2.26% during the forecast period.

Rising demand for lightweight materials, expanding automotive & construction sectors, and eco-friendly agent innovations drive market growth.

The Asia-Pacific region is anticipated to hold a significant share of the chemical blowing agents market.

1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. TECHNOLOGICAL OUTLOOK 

5. CHEMICAL BLOWING AGENTS MARKET BY GAS TYPE

5.1. Introduction

5.2. Nitrogen

5.3. Carbon Dioxide

5.4. Water Vapour

5.5. Others

6. CHEMICAL BLOWING AGENTS MARKET BY FOAM TYPE

6.1. Introduction

6.2. Polyurethane Foam 

6.3. Polystyrene Foam

6.4. Phenolic Foam

6.5. Polypropylene Foam

6.6. Polyethylene Form

6.7. Other Foam Type

7. CHEMICAL BLOWING AGENTS MARKET BY PROCESS

7.1. Introduction

7.2. Injection Molding

7.3. Extrusion

7.4. Others

8. CHEMICAL BLOWING AGENTS MARKET BY END-USER INDUSTRY

8.1. Introduction

8.2. Building and Construction

8.3. Automotive

8.4. Bedding and Furniture

8.5. Appliances

8.6. Packaging

8.7. Other Applications

9. CHEMICAL BLOWING AGENTS MARKET BY GEOGRAPHY

9.1. Introduction

9.2. North America

9.2.1. USA

9.2.2. Canada

9.2.3. Mexico

9.3. South America

9.3.1. Brazil 

9.3.2. Argentina

9.3.3. Others

9.4. Europe

9.4.1. United Kingdom

9.4.2. Germany

9.4.3. France

9.4.4. Italy

9.4.5. Spain

9.4.6. Others

9.5. Middle East & Africa

9.5.1. Saudi Arabia

9.5.2. United Aran Emirates

9.5.3. Others

9.6. Asia Pacific

9.6.1. China

9.6.2. India

9.6.3. Japan

9.6.4. South Korea

9.6.5. Taiwan

9.6.6. Thailand

9.6.7. Others

10. COMPETITIVE ENVIRONMENT AND ANALYSIS

10.1. Major Players and Strategy Analysis

10.2. Market Share Analysis

10.3. Mergers, Acquisitions, Agreements, and Collaborations

10.4. Competitive Dashboard

11. COMPANY PROFILES

11.1. Bergen International

11.2. Arkema S.A.

11.3. HPL Additives Limited

11.4. Solvay S.A.

11.5. Lautan Otsuka Chemical 

11.6. Linde Group

11.7. Ataman Chemicals

11.8. Sundow Polymers Co., Ltd.

11.9. Henan Jinhe Industry Co., Ltd

11.10. Hubei Yuchuan New Materials Technology Co., Ltd.

12. APPENDIX

12.1. Currency 

12.2. Assumptions

12.3. Base and Forecast Years Timeline

12.4. Key benefits for the stakeholders

12.5. Research Methodology 

12.6. Abbreviations 

Bergen International

Arkema S.A.

HPL Additives Limited

Solvay S.A.

Lautan Otsuka Chemical 

Linde Group

Ataman Chemicals

Sundow Polymers Co., Ltd.

Henan Jinhe Industry Co., Ltd

Hubei Yuchuan New Materials Technology Co., Ltd.