Exothermic Blowing Agents Market Size, Production, Sales, Average Product Price, Market Share, Import vs Export

Exothermic Blowing Agents Market Driven by Rising Lightweighting Demand Across End-Use Industries

The Exothermic Blowing Agents Market is experiencing a significant growth surge, propelled by the increasing demand for lightweight materials across automotive, construction, packaging, and consumer goods industries. According to Datavagyanik, the shift toward lighter, more energy-efficient materials is not merely a trend—it’s a manufacturing imperative. In the automotive sector alone, global initiatives to improve fuel economy and reduce emissions have created a robust demand for foamed plastics, which rely heavily on exothermic blowing agents for volume expansion. For instance, with electric vehicle (EV) production projected to exceed 20 million units by 2025, the demand for polymer-based lightweight components is accelerating, consequently driving the Exothermic Blowing Agents Market forward. 

Sustainability and Eco-Friendly Materials Fueling Exothermic Blowing Agents Market Growth
Sustainability is now at the core of global manufacturing strategies. The Exothermic Blowing Agents Market is benefiting immensely as industries transition from traditional foaming agents with harmful emissions to cleaner, energy-efficient alternatives. Exothermic blowing agents are increasingly favored due to their lower toxicity and higher thermal efficiency during decomposition. According to Datavagyanik, industries have seen a 25% rise in the adoption of environmentally friendly foaming agents since 2020, particularly in Europe and North America, where regulations on volatile organic compounds (VOCs) are becoming more stringent. For example, the construction sector’s push for green buildings has led to a surge in polymer foam insulation products, directly amplifying the demand in the Exothermic Blowing Agents Market. 

Datavagyanik also covers related markets such as the Hydrocarbon Blowing Agents Market, the Endothermic Blowing Agents Market, and the Insulation Foam Blowing Agents Market. They offer supporting insights that clarify downstream implications and strategic challenges in the context of the main topic. 

Exothermic Blowing Agents Market Size Expanding with Rapid Adoption in Polymer Foaming Applications
The Exothermic Blowing Agents Market Size is expanding at a compound annual growth rate (CAGR) of over 6.8%, backed by increased penetration in polymer foaming. These agents are critical in the creation of lightweight, durable, and thermally insulating foams used in everything from under-the-hood automotive components to structural panels in construction. For instance, polyethylene and polypropylene foam applications, which utilize exothermic blowing agents, have seen a production volume increase of over 15% globally between 2021 and 2024. This underscores the expanding role of polymer foaming as a primary growth engine for the Exothermic Blowing Agents Market. 

Construction Sector to Remain a Core Growth Driver in the Exothermic Blowing Agents Market
In the construction industry, there has been a marked shift toward energy-efficient and fire-resistant insulation solutions. Exothermic blowing agents play a pivotal role in producing foam-based insulation materials that meet these evolving requirements. Datavagyanik reports that the demand for polymeric insulation boards in construction grew by over 12% in 2023 alone. Countries such as Germany, France, and India have introduced incentives for energy-efficient building solutions, resulting in higher consumption of exothermic blowing agents used in extruded polystyrene (XPS) and expanded polyethylene (EPE) foams. These trends are not temporary—they are structural shifts cementing the role of exothermic foaming in the global building materials industry. 

Automotive Industry Redefining the Exothermic Blowing Agents Market Landscape
Automotive manufacturers are under intense pressure to meet aggressive fuel efficiency targets and electric vehicle production quotas. Exothermic blowing agents are integral in manufacturing lightweight plastic components that do not compromise on strength or thermal resistance. For example, foamed thermoplastics are increasingly being used in dashboards, underbody shields, door panels, and seating systems. Datavagyanik reveals that automakers have increased polymer foam usage by over 18% between 2020 and 2024, largely in pursuit of weight reduction strategies. As electric and hybrid vehicles demand even more weight-optimized materials, the Exothermic Blowing Agents Market is poised to play a central role in this industrial transformation. 

Exothermic Blowing Agents Market Buoyed by Packaging Industry’s Shift to Durability and Sustainability
The global packaging industry has witnessed a transformation toward more sustainable and lightweight materials to reduce environmental impact and logistics costs. Exothermic blowing agents have become essential in producing foam-based packaging solutions that offer high strength-to-weight ratios. For instance, foamed polyethylene and polypropylene are replacing traditional materials in protective packaging and food containers. Datavagyanik highlights that the demand for foam-based packaging materials has grown at a CAGR of 7.2% since 2021, particularly in e-commerce and fast-moving consumer goods (FMCG) sectors. This steady growth continues to support upward momentum in the Exothermic Blowing Agents Market. 

Technological Innovations Enhancing Product Efficiency in the Exothermic Blowing Agents Market
Innovation is a critical catalyst in the evolution of the Exothermic Blowing Agents Market. New formulations and blends are being engineered to offer controlled decomposition temperatures, reduced emissions, and enhanced compatibility with advanced polymers. For instance, the development of hydrazine-based exothermic agents allows precise foaming at lower activation temperatures, critical in temperature-sensitive thermoplastics. Datavagyanik observes that R&D investments in new exothermic formulations grew by over 22% in 2023 alone. These innovations are enabling broader applications across medical devices, electronics, and aerospace sectors, further diversifying the demand base and enhancing the market’s resilience. 

Asia Pacific Emerges as a Dominant Region in the Exothermic Blowing Agents Market
Asia Pacific remains the epicenter of demand in the Exothermic Blowing Agents Market, with China, India, and Japan leading in polymer and plastic manufacturing. The region accounted for over 45% of the global market volume in 2024. China, in particular, with its large-scale automotive and consumer goods production, has seen a steep increase in exothermic blowing agent utilization. In India, domestic policies under the “Make in India” initiative have incentivized local production of foamed materials, particularly in construction and footwear. These countries are not just consuming; they are also exporting finished foamed products, creating a multiplier effect for the Exothermic Blowing Agents Market across the region. 

Exothermic Blowing Agents Market Reinforced by Circular Economy and Green Manufacturing Goals
As circular economy principles reshape global manufacturing, the role of the Exothermic Blowing Agents Market is expanding. Foamed materials made with exothermic blowing agents are increasingly being designed for recyclability and reuse. Datavagyanik notes that more than 30% of new polymer foams launched in 2024 were made with recycled materials or designed for end-of-life recycling. This shift not only aligns with regulatory mandates but also meets consumer expectations for eco-conscious products. Industries such as electronics and packaging are moving toward closed-loop systems, where sustainable foaming processes offer long-term value creation. 

Exothermic Blowing Agents Market Size Expected to Grow Amid Strong End-Use Industry Momentum
The Exothermic Blowing Agents Market Size is expected to surpass USD 1.1 billion by 2027, driven by an upward trajectory in key end-use sectors. Automotive, construction, and packaging industries collectively accounted for over 70% of the market demand in 2024, with forecasts indicating sustained expansion. For instance, foam insulation boards in construction are expected to grow by 8.5% CAGR through 2028, while EV parts utilizing polymer foams are forecasted to grow at over 10% CAGR. These macro trends reinforce the long-term growth trajectory of the Exothermic Blowing Agents Market, positioning it as a cornerstone in the development of high-performance materials. 

 

“Track Country-wise Exothermic Blowing Agents Production and Demand through our Exothermic Blowing Agents Production Database”

• • • Exothermic Blowing Agents production database for 21+ countries worldwide
    • Exothermic Blowing Agents sales volume for 26+ countries
    • Country-wise Exothermic Blowing Agents production capacity, production plant mapping, production capacity utilization for 21+ manufacturers
    • Exothermic Blowing Agents production plants and production plant capacity analysis by top manufacturers

“Track real-time Exothermic Blowing Agents Prices, Exothermic Blowing Agents price charts for 21+ countries, Exothermic Blowing Agents weekly price tracker and Exothermic Blowing Agents monthly price tracker”

• • • Track real-time Exothermic Blowing Agents prices and Exothermic Blowing Agents price trend in 21+ countries though our excel-based Exothermic Blowing Agents price charts
    • Real-time Exothermic Blowing Agents price tracker dashboard with 21+ countries
    • Complete transparency on Exothermic Blowing Agents price trend through our Exothermic Blowing Agents monthly price tracker, Exothermic Blowing Agents weekly price tracker

Top Manufacturers Driving Innovation in the Exothermic Blowing Agents Market 

The Exothermic Blowing Agents Market is shaped by a competitive group of global and regional manufacturers who dominate the value chain through technological innovation, capacity expansions, and strategic collaborations. These players not only meet global demand but also define pricing, product development, and regulatory compliance trends. According to Datavagyanik, the top five manufacturers collectively hold more than 60% of the global Exothermic Blowing Agents Market share, underlining the market’s moderately consolidated structure. 

Kumyang Co., Ltd. – A Global Leader with a Diversified Product Portfolio 

Kumyang Co., Ltd., headquartered in South Korea, remains a dominant force in the Exothermic Blowing Agents Market. The company commands a substantial market share of around 18%, with strong penetration in Asia Pacific and expanding operations in Europe and North America. Its flagship product lines—Microsphere Series and KY-3000 Series—are known for their high gas yield, low decomposition temperature, and excellent thermal efficiency. These products are widely used in polyethylene, polypropylene, and EVA foams for automotive interiors, shoe soles, and packaging materials. Kumyang’s aggressive investment in R&D and eco-friendly product development has positioned it as a sustainability-focused leader. 

Otsuka Chemical Co., Ltd. – High-Purity Solutions for Advanced Applications 

Otsuka Chemical, based in Japan, holds approximately 14% of the Exothermic Blowing Agents Market share and is renowned for its high-purity, specialty-grade azodicarbonamide-based blowing agents. The company’s product line, ADC-AZ Series, offers superior thermal decomposition control, making it ideal for precision thermoplastics and rubber foaming applications in consumer electronics, high-end automotive, and medical devices. Otsuka has a strong customer base across Japan, Taiwan, and Southeast Asia, and its focus on low-emission formulations is driving its expansion into European and U.S. markets. The company is also a pioneer in supplying blowing agents that meet REACH and RoHS compliance standards. 

Reedy Chemical Foam & Specialty Additives – Niche Market Innovation in North America 

Reedy International, based in the United States, plays a significant role in the Exothermic Blowing Agents Market, particularly in the niche segment of endothermic/exothermic hybrid solutions. The company’s SAFOAM® EX Series provides enhanced dispersion, low odor, and high surface finish, making it ideal for automotive, medical, and aerospace-grade polymers. While its overall market share stands at approximately 9%, Reedy holds a strategic advantage in North America, where demand for multifunctional, clean-decomposition agents is growing rapidly. Reedy’s customized formulation approach has made it a preferred supplier for OEMs requiring precise foaming behavior. 

SAFIC-ALCAN – A European Distribution Giant with Strategic Partnerships 

SAFIC-ALCAN, a France-based company, has carved out an important position in the European Exothermic Blowing Agents Market, not through in-house manufacturing but via strategic distribution agreements with global producers. Holding an estimated 7% market share, the company specializes in delivering tailor-made solutions for construction and packaging industries. Its strategic partnerships with manufacturers like Kumyang and Otsuka allow it to serve as a conduit for high-performance products in regulated markets. SAFIC-ALCAN also invests in technical support and local warehousing, providing end-users with timely access and compliance-ready solutions. 

Nobel Enterprises Ltd. – Established Presence in Specialty Blowing Agents 

Based in the United Kingdom, Nobel Enterprises is an established player known for its proprietary Porofor® Series, a line of blowing agents suited for high-temperature thermoplastics and technical rubber foams. Nobel holds about 6% of the Exothermic Blowing Agents Market share, with a strong focus on Western Europe. Its production facilities are optimized for consistent quality, and the company supplies to various sectors including wire and cable insulation, footwear, and building materials. Nobel’s investment in reducing VOC emissions and offering recyclable foaming solutions has made it a trusted partner for green manufacturing. 

Other Notable Participants Expanding Global Reach 

Other emerging and regional players contributing to the Exothermic Blowing Agents Market include: 

• Ajanta Group (India) – Specializing in ADC-based agents for thermoplastic extrusion. 

• CelChem LLC (USA) – Known for flexible and rigid polyurethane foam solutions. 

• Hebei Jiheng Chemical Co., Ltd. (China) – A key low-cost producer for mass-volume applications in Southeast Asia and Africa. 

• Fujian Longyan Longhua Chemical Co., Ltd. (China) – Focused on R&D for green blowing agents in packaging foams. 

While these companies may hold smaller market shares individually (ranging between 2–4%), their cumulative presence adds competitive depth and regional availability to the Exothermic Blowing Agents Market. 

“Exothermic Blowing Agents Manufacturing Database, Exothermic Blowing Agents Manufacturing Capacity”

• • • Exothermic Blowing Agents top manufacturers market share for 21+ manufacturers
    • Top 6 manufacturers and top 11 manufacturers of Exothermic Blowing Agents in North America, Europe, Asia Pacific
    • Exothermic Blowing Agents production plant capacity by manufacturers and Exothermic Blowing Agents production data for 21+ market players
    • Exothermic Blowing Agents production dashboard, Exothermic Blowing Agents production data in excel format

“Exothermic Blowing Agents price charts, Exothermic Blowing Agents weekly price tracker and Exothermic Blowing Agents monthly price tracker”

• • • Factors impacting real-time Exothermic Blowing Agents prices in 16+ countries worldwide
    • Exothermic Blowing Agents monthly price tracker, Exothermic Blowing Agents weekly price tracker
    • Real-time Exothermic Blowing Agents price trend, Exothermic Blowing Agents price charts, news and updates
    • Tracking Exothermic Blowing Agents price fluctuations

Manufacturer Market Share Breakdown in the Exothermic Blowing Agents Market 

• Kumyang Co., Ltd. – 18% 

• Otsuka Chemical Co., Ltd. – 14% 

• Reedy International – 9% 

• SAFIC-ALCAN – 7% 

• Nobel Enterprises Ltd. – 6% 

• Others (Regional/Private Label) – 46% 

This distribution reflects both consolidation at the top and the fragmentation in mid-to-low-cost applications, especially in price-sensitive markets such as Southeast Asia, the Middle East, and Latin America. 

Recent Developments in the Exothermic Blowing Agents Market 

February 2024 – Kumyang Announces Expansion in Malaysia
Kumyang Co., Ltd. announced the commissioning of a new production facility in Johor, Malaysia, aimed at increasing its supply capacity by 20% to support growing demand in ASEAN markets. The facility will focus on sustainable blowing agents optimized for packaging and automotive applications. 

December 2023 – Otsuka Chemical Launches Low-VOC ADC Variant
Otsuka unveiled a new low-VOC variant under its ADC-AZ Eco Series, specifically formulated for export markets complying with European and North American emission regulations. This development is part of the company’s larger ESG strategy for 2024–2027. 

October 2023 – Reedy Introduces Custom Blends for Aerospace Sector
Reedy International launched SAFOAM® EXA-1200, a tailor-made formulation designed for aerospace composite panels. The product offers reduced weight and superior fire resistance—key specifications for aviation applications. 

August 2023 – SAFIC-ALCAN Expands Distribution into Eastern Europe
SAFIC-ALCAN entered a new distribution agreement with a Romanian polymer converter, enhancing access to exothermic blowing agents in construction and pipe insulation markets across Eastern Europe. 

May 2023 – Nobel Enterprises Commits to Carbon-Neutral Facility by 2026
Nobel announced plans to transition its U.K. production plant to a fully carbon-neutral operation. This includes switching to renewable energy, optimizing logistics, and developing biodegradable product formulations. 

These recent developments indicate a clear direction for the Exothermic Blowing Agents Market—increased localization, specialization, and sustainability alignment. With regulatory compliance and performance efficiency now central to product strategy, manufacturers are stepping beyond traditional boundaries to gain competitive advantage.

“Exothermic Blowing Agents Production Data and Exothermic Blowing Agents Production Trend, Exothermic Blowing Agents Production Database and forecast”

• • • Exothermic Blowing Agents production database for historical years, 10 years historical data
    • Exothermic Blowing Agents production data and forecast for next 7 years
    • Exothermic Blowing Agents sales volume by manufacturers

“Track Real-time Exothermic Blowing Agents Prices for purchase and sales contracts, Exothermic Blowing Agents price charts, Exothermic Blowing Agents weekly price tracker and Exothermic Blowing Agents monthly price tracker”

• • • Gain control on your purchase and sales contracts through our real-time Exothermic Blowing Agents price tracker and Exothermic Blowing Agents price trend analysis
    • Exothermic Blowing Agents weekly price tracker and forecast for next four weeks
    • Exothermic Blowing Agents monthly price tracker and forecast for next two months

Market Scenario, Demand vs Supply, Average Product Price, Import vs Export, till 2035

• Global Exothermic Blowing Agents Market revenue and demand by region
• Global Exothermic Blowing Agents Market production and sales volume
• United States Exothermic Blowing Agents Market revenue size and demand by country
• Europe Exothermic Blowing Agents Market revenue size and demand by country
• Asia Pacific Exothermic Blowing Agents Market revenue size and demand by country
• Middle East & Africa Exothermic Blowing Agents Market revenue size and demand by country
• Latin America Exothermic Blowing Agents Market revenue size and demand by
• Import-export scenario – United States, Europe, APAC, Latin America, Middle East & Africa
• Average product price – United States, Europe, APAC, Latin America, Middle East & Africa
• Market player analysis, competitive scenario, market share analysis
• Business opportunity analysis

Key questions answered in the Global Exothermic Blowing Agents Market Analysis Report:

• What is the market size for Exothermic Blowing Agents in United States, Europe, APAC, Middle East & Africa, Latin America?
• What is the yearly sales volume of Exothermic Blowing Agents and how is the demand rising?
• Who are the top market players by market share, in each product segment?
• Which is the fastest growing business/ product segment?
• What should be the business strategies and Go to Market strategies?

The report covers Exothermic Blowing Agents Market revenue, Production, Sales volume, by regions, (further split into countries): 

• Asia Pacific (China, Japan, South Korea, India, Indonesia, Vietnam, Rest of APAC)
• Europe (UK, Germany, France, Italy, Spain, Benelux, Poland, Rest of Europe)
• North America (United States, Canada, Mexico)
• Latin America (Brazil, Argentina, Rest of Latin America)
• Middle East & Africa

Table of Contents:

1. Introduction to Exothermic Blowing Agents
   • Market Definition and Overview
   • Scope of Exothermic Blowing Agents
   • Key Benefits and Applications
2. Classification and Types of Exothermic Blowing Agents
   • Product Categorization
   • Key Chemical Components
   • Industry-Specific Applications
3. Global Market Trends and Forecast (2019-2035)
   • Market Growth Drivers and Challenges
   • Global Demand and Supply Outlook
   • Future Market Opportunities
4. Regional Market Analysis: North America
   • Market Size and Growth Trends
   • Production Capacity and Utilization
   • Sales, Pricing Trends, Import vs. Export
5. Regional Market Analysis: Europe
   • Market Demand and Key Drivers
   • Production, Sales, and Revenue Insights
   • Regional Trade and Market Expansion
6. Regional Market Analysis: Asia-Pacific
   • Market Potential and Emerging Trends
   • Production Volume, Sales, and Price Analysis
   • Import vs. Export Dynamics
7. Regional Market Analysis: Latin America
   • Market Size and Economic Influence
   • Key Players and Industrial Presence
   • Trade Analysis and Competitive Landscape
8. Regional Market Analysis: Middle East & Africa
   • Market Growth Factors and Investment Opportunities
   • Sales, Price Trends, and Production Insights
   • Regional Consumption vs. Import
9. Production and Supply Chain Insights
   • Global Production Estimates and Forecasts (2019-2035)
   • Key Production Hubs and Manufacturing Trends
   • Supply Chain Optimization and Market Impact
10. Competitive Landscape and Market Players

• Industry Competition and Market Share Analysis
• Key Players and Their Strategic Initiatives
• Market Entry Barriers and Growth Strategies

1. Global Revenue and Market Share by Manufacturers (2019-2025)

• Leading Market Participants and Financial Performance
• Revenue Market Share and Business Expansion

1. Production Analysis and Efficiency Trends

• Manufacturing Processes and Advancements
• Energy Consumption and Cost Optimization

1. Production, Revenue, Price, and Gross Margin (2019-2025)

• Economic Viability and Profitability Metrics
• Key Pricing Strategies and Market Dynamics

1. Production vs. Export Analysis

• Export Trends and Market Accessibility
• Impact of Trade Policies on Export Growth

1. Consumption vs. Import Analysis

• Consumer Demand and Import Dependence
• Regional Preferences and Market Penetration

1. Global Consumption Analysis by Region

• Country-Wise Demand Trends
• Economic Factors Influencing Consumption

1. Exothermic Blowing Agents Consumption by Product Type

• Application-Specific Demand
• Market Share of Various Product Segments

1. Market Share Analysis by Product Type (2019-2035)

• Competitive Positioning and Growth Prospects
• Emerging Product Innovations

1. Global Production by Product Segment (2019-2035)

• Production Output and Capacity Utilization
• Key Production Centers and Expansion Plans

1. Revenue Market Share by Product (2019-2035)

• Market Revenue Segmentation
• Revenue Growth Trends and Forecast

1. Price Trends and Gross Margin Analysis (2019-2035)

• Pricing Strategies and Market Competitiveness
• Gross Margin Performance of Key Players

1. Manufacturing Cost Analysis

• Breakdown of Manufacturing Expenses
• Factors Affecting Cost Efficiency

1. Raw Materials Market Analysis

• Availability and Cost of Raw Materials
• Supply Chain Challenges and Opportunities

1. Key Suppliers of Raw Materials

• Supplier Network and Market Dependence
• Strategic Partnerships and Supply Security

1. Manufacturing Cost Structure Breakdown

• Direct vs. Indirect Costs in Production
• Impact of Technological Innovations on Cost

1. Industry Value Chain and Market Ecosystem

• Overview of the Industrial Supply Chain
• Role of Key Stakeholders in the Value Chain

1. Marketing Strategies and Distribution Channels

• Key Market Entry Strategies
• Distribution Network and Channel Optimization

1. List of Distributors and Sales Channels

• Major Distributors and Regional Coverage
• Online vs. Offline Sales Strategies

1. Key Sales Partners and Business Collaborations

• Role of Sales Partners in Market Expansion
• Strategic Alliances for Competitive Advantage

1. Key End-User Industries and Customers

• Demand from Automotive, Packaging, and Construction
• Customer Preferences and Market Expectations

1. Production and Supply Forecast (2019-2035)

• Global Market Supply Trends
• Long-Term Production Outlook and Demand Forecast

 

Other recently published reports:

Fatty Acids and Their Salts Market