The North America foam blowing agents market is expected to grow with a CAGR of 3.4% during 2015 - 2020. The major factors driving the growth of the North America market include increasing demand for polymeric foams in the construction and automotive industries, and high demand for foam blowing agents in the manufacturing of polyurethane foam. Moreover, the high demand for low GWP and zero ODP blowing agents is anticipated to significantly increase the consumption of HFOs, inert gases and methyl formate blowing agents in the region.

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Foam blowing agents are used to enhance certain properties and nature of polymers. These agents create holes and expand in polymer matrix, providing it cellular structure. The cellular structure provides strength to the foam, while using very less material. Hence, polymeric foams have several advantages, such as low density, low heat transfer, optimum flexibility and others, which makes them suitable for use in automotive and construction industries.

The PU foam segment held the largest share among the various applications in the North America foam blowing agents market, and it is also expected to retain its dominance during the forecast period. The high demand of foam blowing agents, especially low GWP and zero ODP blowing agents is predicted in the manufacturing of PU foam in the coming years.

Moreover, polymer foam products also provide comfort, durability, safety and support. In the automotive industry, polymer foams are used for manufacturing of several components, such as wiper cowls, side skirts, bumpers, and roll pans. As there are several blowing agents available to customize the properties of polymer foams, the demand for these foams has increased over the years for applications in the construction and automotive industries.

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Some of the key companies operating in the North America foam blowing agents market include Arkema S.A., Daikin Industries Ltd., Exxon Mobil Corporation, Honeywell International Inc., Sinochem Group, Linde AG, Zeon Corporation, Solvay S.A., and Harp International Ltd.