Stratview Research has published a new report titled “Defoamers Market” which is segmented by Product Type (Water-based Defoamers, Oil-based Defoamers, Silicone-based Defoamers, and Others), by Application Type (Pulp & Paper, Water Treatment, Paints & Coatings, Food & Beverages, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
As per the study, defoamers Market is likely to witness an impressive CAGR of 4.5% during the forecast period. One of the primary factors driving the growth of the defoamers market is the increased focus on quality in the process industries around the world. The growing use of defoamers in several agrochemicals including fertilizers and pesticides and the surge in demand for low VOC solvent-free defoamers that help decrease the carbon footprint produced by manufacturers and end-users, are propelling the market growth. Furthermore, a surge in the use of solvent-free defoamers due to low VOC content as a result of environmental regulations being implemented in various regions, as well as high usage in water treatment infrastructure applications is influencing the market.
Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis -
Based on the product type, the market is segmented as water-based defoamers, oil-based defoamers, silicone-based defoamers, and others. Silicone-based defoamers are expected to register substantial growth in the market during the forecast period, owing to their increasing utilization in the pulp & paper sector, on account of their enhanced properties such as chemical inertness, low surface tension, thermal stability, and complete insolubility in water.
Based on the application type, the market is segmented as pulp & paper, water treatment, food & beverages, paints & coatings, and others. The pulp & paper application segment is estimated to dominate the market during the forecast period. Growing demand for paper-based products in the packaging industry is driving the growth of the segment. In addition, the paints & coatings application segment is expected to witness significant growth during the forecast period, driven by the growing construction and automotive industries across the world.
In terms of regions, Asia-Pacific is estimated to account for the major share of the defoamers market during the forecast period. The growth of the region’s market is supported by increasing product demand majorly in countries such as China and India, and the growing demand from the agrochemicals and pulp & paper sectors. Also, Europe is expected to witness significant growth in the market over the forecast period on account of the increasing usage of water treatment chemicals in the region.
Who are the Key Players in the Market?
This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players activen in the Defoamers Market:
· Air Products and Chemicals, Inc.
· Ashland Global Specialty Chemicals Inc.
· BASF SE
· Clariant AG
· Dow Corning Corporation
· Elementis plc
· Elkem Silicones
· Evonik Industries AG
· KCC Basildon Chemicals
· Wacker Chemie AG
Key questions answered by the report
- What is the projected CAGR for revenue from the Defoamers Market during the forecast period?
- What would be the market be valued at by 2027?
- What is a major driving factor for growth of the market?
- Which region accounted for largest revenue share in the Defoamers Market?
- Which are the major market players?
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