Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1,800 Million | USD 2,700 Million | 4.7% | 2023 |
FrequentlyAsked Questions
A substance that helps foam form, like a blowing agent or surfactant, is called a foaming agent.
The foaming agent market is driven by several variables such as the growing construction industry, rising product launches, technological advancements and others.
According to the report, the global foaming agent market size was worth around USD 1,800 million in 2023 and is predicted to grow to around USD 2,700 million by 2032.
The global foaming agent market is expected to grow at a CAGR of 4.7% during the forecast period.
The global foaming agent market growth is expected to be driven by the Asia Pacific. It is currently the world’s highest revenue-generating market due to the growing construction industry and the presence of major players.
The global foaming agent market is dominated by players like BASF SE, The Dow Chemical Company, Huntsman Corporation, Evonik Industries AG, Solvay S.A., Arkema Group, Akzo Nobel N.V., Wacker Chemie AG, Clariant AG, Lanxess AG, Chemours Company, Adeka Corporation, Shin-Etsu Chemical Co. Ltd., SABIC and Foam Supplies Inc. among others.
The foaming agent market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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