South America Blowing Agents Market Size, Share, By Product Type (Hydrochlorofluorocarbons), By Foam Type (Polyurethane Foam), By Application, Industry Trends, Forecast to 2035.

South America Blowing Agents Market Insights Forecasts to 2035

• The South America Blowing Agents Market Size Expected to Grow at a CAGR of Around 4.6% from 2025 to 2035
• The South America Blowing Agents Market Size is Expected to Reach a Significant Share by 2035

According to a research report published by Spherical Insights & Consulting, the South America Blowing Agents Market size is growing at a CAGR of 4.6% from 2025 to 2035. The market is driven by rising demand for blowing agents in various industries such as automotive, construction and aerospace. Many companies operating in the market are actively innovating to meet stringent regulations and evolving consumer preferences by developing eco-friendly blowing agents

Market Overview

The South America blowing agents market is experiencing robust growth in 2026 because companies are switching their focus to energy-saving insulation materials and environmentally sustainable products. A blowing agent, also known as a foaming or expansion agent, is a substance that creates a cellular structure through a foaming process in polymers, plastics and rubber materials. The vehicle interior enhancements create better sound insulation and increased passenger comfort. The system delivers essential thermal insulation needed to operate household refrigerators and freezers, and large cold chain logistics facilities.

The wide range of applications for blowing agents exists because these substances can produce thermal insulating foam, which includes both polyurethane and vinyl foam used across multiple applications in automotive, building, construction and aerospace industries.

The South American governments face difficulties with their macroeconomic policies because their economies experience currency fluctuations and political risks, which raise costs for imported raw materials. The regional governments focus on developing local sourcing and circular economy systems to decrease their global import needs while building industrial stability.

Report Coverage

This research report categorises the South America blowing agents market based on various segments and regions, and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South America blowing agents market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South America blowing agents market.

Driving Factors

The blowing agents market in South America is driven by the rising demand for foam polymers across multiple industrial sectors, which include packaging, automotive and construction needs.  The automotive industry uses bonding agents in bumper, fender, and door panel manufacturing because these agents provide exceptional performance characteristics, which enable creators to reduce weight while achieving better thermal insulation results. Rising demand for polyurethane (PU) and polystyrene (PS) foams because urban areas expanded, and the construction of residential buildings created a need for rigid insulation foam materials.

Restraining Factors

The blowing agents market in South America is restrained by the manufacturing process, which faces obstacles and experiences higher expenses because businesses must follow environmental regulations, including the Montreal Protocol requirement to eliminate HCFCs. The chemical industry experiences market instability because its raw material prices vary, which prevents companies from achieving stable business expansion and maintaining their profit margins.

Market Segmentation

The South America blowing agents market share is categorised into product type, foam type, and application.

• The hydrocarbons segment accounted for the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. 

The South America blowing agents market is segmented by product type into hydrochlorofluorocarbons, hydrofluorocarbons, hydrocarbons, hydrofluoroolefin and others. Among these, the hydrocarbons segment accounted for the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. The growth of the segment is driven by enhancing its operation in polypropylene-based composites, whose possible delay would adversely affect the long-term stability of commercial transport in terms of growing energy prices.

• The polyurethane foam segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.  

Based on foam type, the South America blowing agents market is segmented into polyurethane foam, polyolefin foam, polystyrene foam, polypropylene foam and others. Among these, the polyurethane foam segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The segmental growth is driven by Foam material, which serves various purposes as a thermal insulation solution for building structures, transportation networks and home appliance systems. Additionally, they serve purposes in bedding and seating, carpet backing, electronics, computer systems and various other uses. The consistent demand for polyurethane foams across these industries is expected to drive market demand.

• The building and construction segment accounted for the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. 

The South America blowing agents market is segmented by application into building and construction, automotive, bedding and furniture, packaging and others. Among these, the building and construction segment accounted for the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. The growth of the segment is driven by the construction industry, which faces growing project requirements as urban areas expand and population numbers rise. The construction sector depends on blowing agents, which serve essential functions in various building materials, including doors and roof insulation systems and other applications.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South America blowing agents market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies                                                                                                          

• Arkema S.A.
• Honeywell International Inc
• Solvay S.A.
• Exxon Mobil Co.
• The Chemours Company
• Daikin Industries, Ltd
• Haltermann GmbH
• Sinochem Group
• Foam Supplies, Inc
• AkzoNobel N.V.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at the South America, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South America blowing agents market based on the below-mentioned segments:

South America Blowing Agents Market, By Product Type

• Hydrochlorofluorocarbons
• Hydrofluorocarbons
• Hydrocarbons
• Hydrofluoroolefin
• Others

South America Blowing Agents Market, By Foam Type

• Polyurethane Foam
• Polyolefin Foam
• Polystyrene Foam
• Polypropylene Foam
• Others

South America Blowing Agents Market, By Application

• Building and Construction
• Automotive
• Bedding and Furniture
• Packaging
• Others