BLOWING AGENTS MARKET ANALYSIS

Key Developments

Increasing research and development related to blowing agents is expected to boost the market growth. For instance, in October 2018, researchers from Budapest University of Technology and Economics presents the applicability of different types of chemical blowing agents in the case of poly(lactic acid) (PLA). The team demonstrated that PLA can be successfully foamed with the use of chemical blowing agents.

Key players in the market are focused on upgrading production technologies to strengthen their product lines. For instance, in May 2019, LANXESS, a producer of low-dust organic chemical blowing agent for the production of polymer foam, entered into collaboration with Citrine Informatics, a U.S.-based AI company specializing in data-driven materials development, to deploy AI in product development.