Global Polyurethane Foam Blowing Agents Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

HC , HFO, and Others.

By Foam;

Polyurethane Foam, Polystyrene Foam, Phenolic Foam, Polyolefin Foam, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn100862244 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Polyurethane Foam Blowing Agents Market (USD Million), 2021 - 2031

In the year 2024, the Global Polyurethane Foam Blowing Agents Market was valued at USD 1,634.87 million. The size of this market is expected to increase to USD 2,490.90 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.2%.

The global polyurethane foam insulation materials market is experiencing robust growth, driven by increasing demand for energy-efficient building solutions and the expanding construction industry. Polyurethane foam insulation materials are highly valued for their superior thermal insulating properties, lightweight nature, and versatility, making them an essential component in modern construction practices. As energy costs continue to rise and environmental concerns become more prominent, the adoption of high-performance insulation materials is accelerating, contributing significantly to the market’s expansion.

One of the primary growth drivers is the stringent energy efficiency regulations and building codes implemented by governments worldwide. These regulations mandate the use of effective insulation materials to reduce energy consumption in buildings, thereby lowering greenhouse gas emissions. Polyurethane foam insulation materials are particularly effective in meeting these requirements, offering excellent thermal resistance and air sealing capabilities, which enhance the overall energy performance of buildings. This regulatory push is prompting builders and architects to increasingly incorporate polyurethane foam insulation in both residential and commercial construction projects.

The burgeoning construction industry, particularly in emerging economies, is another key factor propelling the market forward. Rapid urbanization and industrialization in countries such as China, India, and Brazil are leading to a surge in new construction activities. As these regions invest heavily in infrastructure development, the demand for efficient and durable insulation materials like polyurethane foam is on the rise. Additionally, the growing awareness about the benefits of energy-efficient buildings is driving homeowners and commercial property developers to adopt advanced insulation solutions, further boosting market growth.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Foam
    3. Market Snapshot, By Region
  4. Global Polyurethane Foam Blowing Agents Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Demand for Energy-Efficient Insulation Materials
        2. Technological Advancements in Blowing Agent Formulations
        3. Increasing Applications in the Automotive Industry
        4. Stringent Environmental Regulations Promoting Eco-Friendly Blowing Agents
      2. Restraints
        1. High Cost of Eco-Friendly Blowing Agents
        2. Regulatory Challenges and Compliance Issues
        3. Volatile Raw Material Prices
        4. Environmental Concerns Related to Traditional Blowing Agents
      3. Opportunities
        1. Growing Adoption of Green Building Standards
        2. Innovations in Blowing Agent Technologies
        3. Expansion in Emerging Markets
        4. Increasing Demand for Lightweight Automotive Materials
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Polyurethane Foam Blowing Agents Market, By Type 2021 - 2031 (USD Million)
      1. HC
      2. HFO
      3. Others
    2. Global Polyurethane Foam Blowing Agents Market, By Foam 2021 - 2031 (USD Million)
      1. Polyurethane Foam
      2. Polystyrene Foam
      3. Phenolic Foam
      4. Polyolefin Foam
      5. Others
    3. Global Polyurethane Foam Blowing Agents Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Arkema SA
      2. DUNA-Corradini Spa
      3. Foam Supplies
      4. HCS Holding GmbH
      5. Harp International
      6. Honeywell International
  7. Analyst Views
  8. Future Outlook of the Market