The Global Market for Defoamers is Forecast to Reach US$6.7 Billion by 2024

Recovery in Building and Manufacturing Sectors to Drive the Global Defoamers Market, According to New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Defoamers market. The global market for Defoamers is forecast to reach US$6.7 billion by 2024, driven by improving demand from various end-use markets, stringent environmental regulations, and product enhancements.

Defoamers, by definition are chemical agents that inhibit foam build and aid in reducing foam or entrapped air. Application areas of defoamers are varied and include paints and coatings, automotive, mining, pulp and paper, inks, and laundry detergents industries among others. Demand for defoamers is driven by various factors including thriving end-use markets, stringent environmental regulations , and product advancements. Enforcement of various environmental standards and rapid growth in industrialization and population, particularly in developing countries is spurring increased use of defoamers in water treatment applications. The stable automobile production trend worldwide is poised to benefit demand for coatings used for cars and other vehicles, hence impacting the demand for defoamers.

The oil and gas industry is also expected to witness an improvement in E&P spending amid increasing production volumes, thereby buoying the demand for defoamers. Demand is also driven by increased usage of recycled waste by paper mills and rising demand for processed, packaged and convenience foods, specifically in developing economies. The ongoing shift to alkaline papermaking process at paper mills also augers well for the defoamers market. Given their eco-friendly characteristics, water based, silicone and dioxin-free defoamers are expected to gain driven by increased demand from the paints and coatings industry in the near future.

The industry is also poised to gain from continued focus of manufacturers towards designing and developing new or modified defoamers. Several defoamers including oil defoamers that are 100% active, synthetic defoamers, and organosilicone defoamers have been developed that deal with the problems existing in various end-use industries. In response to the growing demand for environment friendly defoamers, companies  are introducing new defoamers based on environmentally friendly and sustainable raw materials which are less toxic with better biodegradable characteristics. These green defoamers mainly incorporate non-silicone chemistries and natural agri based oils and are VOC-free and biodegradable. Dioxin-free defoamers too are in great demand.

As stated by the new market research report on Defoamers, the U.S. represents the largest market worldwide. Asia-Pacific represents the fastest growing market at a CAGR of 5.8% over the analysis period against the backdrop of improving economies, increasing construction activity across the region and rise in investments in the manufacturing sector.

Key players in the market include Ashland Inc., BASF SE, Clariant, DowDuPont, Elementis, Ecolab, Elkem Silicones, Evonik Industries, Kemira Oyj, Munzing Chemie GmbH, Solenis, and Wacker Chemie AG, among others.

The research report titled “Defoamers: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, growth drivers, regulations, issues, challenges, mergers, acquisitions, and other strategic industry activities of major players worldwide. The report provides market estimates and projections in dollars for all major geographic markets including the United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India, South Korea, and Rest of Asia-Pacific), the Middle East and Latin America (Brazil, Mexico, and Rest of Latin America). End-use applications analyzed include Pulp & Paper, Petroleum, Water Treatment, Paints & Coatings, and Others.

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