Defoamers Market report is a comprehensive overview of the market’s situation thoroughly examined and compiled by Stratview Research. This new report provides past progress, current market conditions, and a future prospect from the year 2022 to 2028. It also offers accurate overview of the growth strategies, market size, mergers & acquisitions, and upcoming products/services of leading key players in this market.
Market Insights
The report analyses the market thoroughly and collects data in order to offer reliable data to the users. Defoamers Market is expected to grow from USD 3.42 billion in 2021 to USD 4.83 billion by 2028 at an impressive CAGR of 4.5% during the forecast period of 2022-2028. 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.
Market Segments’ Analysis
According to Stratview Research, the Defoamers Market 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).
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.
Which region is expected to dominate the market?
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.
Top key vendors in the market:
The report mentions a list of key players in the Defoamers Market. Some of them are mentioned below –
- 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
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