IMARC Group’s report titled “Azodicarbonamide Market Report by Type (Industrial Quality, Food Quality), Application (Blowing Agent, Plastic Additive, Food Additive, Flour Bleaching Agent, Improving Agent), End User (Plastic and Rubber, Food and Beverage, Leather and Textile, and Others), and Region 2024-2032“. The global azodicarbonamide market size reached US$ 1.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.0 Billion by 2032, exhibiting a growth rate (CAGR) of 5.04% during 2024-2032.
Factors Affecting the Growth of the Azodicarbonamide Industry:
- Escalating Demand in Polymer Industry:
The demand for azodicarbonamide in the polymer industry is on the rise, as it is widely used as a blowing agent. Azodicarbonamide (ADC) plays a vital role in producing polymer foams, such as expanded PVC and PE foams, which are preferred for their lightweight properties and insulation capabilities. As industries look for cost-effective and lightweight materials for packaging, construction, and automotive components, the demand for ADC as a blowing agent has increased. This has led to market growth, as manufacturers continue to integrate ADC into their polymer formulations to meet the changing needs of the industry.
- Rising Demand in Food Industry:
Azodicarbonamide is utilized in the food industry as both a flour bleaching agent and dough conditioner. Its approval as a food additive in specific regions allows for its use in enhancing the handling properties of flour and improving the visual appeal of baked goods. The increasing consumption of processed and packaged foods worldwide, especially in developing countries, has led to a growing demand for ADC in the food sector. As food producers aim to streamline production methods and elevate the quality of their products, the adoption of ADC as a dough conditioner and flour enhancer is projected to rise, thereby driving market expansion.
- Expanding Automotive Sector:
The market for azodicarbonamide is seeing substantial growth due to the increasing demand for lightweight and high-performance insulation materials in the automotive sector. ADC is used as a blowing agent in the production of automotive insulation materials and noise-reducing foams, meeting the industry’s requirements for improved comfort and reduced noise levels in vehicles. As the automotive industry continues to focus on enhancing fuel efficiency and reducing vehicle weight, there is a growing need for lightweight insulation materials incorporating ADC. With the surge in automotive production and sales, especially in emerging markets, the use of ADC in automotive insulation and soundproofing solutions is set to experience significant growth, leading to market expansion.
Leading Companies Operating in the Global Azodicarbonamide Industry:
- Abtonsmart Chemicals (Group)Co. Ltd.
- Ajanta Group of Industries
- Guangzhou Jiangyan Chemical Co. Ltd
- Haihang Industry Co. Ltd
- JingJiang Hangsun Plastic Additives Co. Ltd
- Khadgawats Group
- Kumyang Co. Ltd.
- Lanxess AG
- Nikunj Chemicals
- Otsuka Chemical Co. Ltd
- SPL Group
- Weifang Yaxing Chemical Co. Ltd.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/azodicarbonamide-market/requestsample
Azodicarbonamide Market Report Segmentation:
By Type:
- Industrial Quality
- Food Quality
Based on the type, the market has been bifurcated into industrial and food quality.
By Application:
- Blowing Agent
- Plastic Additive
- Food Additive
- Flour Bleaching Agent
- Improving Agent
Blowing agent represents the largest segment as it is extensively used in polymer foam production, including expanded PVC and PE foams, for applications such as insulation, packaging, and automotive components.
By End User:
- Plastic and Rubber
- Food and Beverage
- Leather and Textile
- Others
Plastic and rubber hold the majority of the market share on account of their extensive use of azodicarbonamide as a blowing agent in polymer foam production.
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Global Azodicarbonamide Market Trends:
The growth of the global azodicarbonamide market is mainly fueled by the expanding polymer industry, with a particular focus on sectors such as packaging, construction, and automotive that drive the demand for azodicarbonamide (ADC) as a blowing agent in polymer foam production. Its ability to provide lightweight and insulating properties to foam products is essential in various applications. Additionally, the increasing demand for processed and packaged foods is boosting ADC usage in the food industry as a flour bleaching agent and dough conditioner, thus driving market expansion. Moreover, the enforcement of strict regulatory standards and quality requirements, especially in regions like North America and Europe, is contributing to the growth of the market.
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