Defoamers Market worth 6.59 Billion USD by 2021, registering a CAGR of 3.8% with Market intelligence and competitive landscape

[170 Pages Report] The Defoamers Market size is estimated to be USD 5.48 billion in 2016 and is projected reach USD 6.59 billion by 2021, at a CAGR of 3.8% between 2016 and 2021. The growing manufacturing sector in all regions is expected to generate demand and drive the antifoaming agent market during the forecast period. Increasing awareness coupled with regulatory guidelines and environmental concerns are expected to drive the defoamers market during the forecast period. Asia-Pacific is the key market for defoamers, globally, followed by North America and Europe.

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Drivers & Opportunities in global industry:

•          Increasing Awareness, New Regulatory Guidelines, and Environment Concerns
•          Rising Demand From Asia-Pacific
•         Technological Advancements
•         Developing Effective and Low-Impact Chemicals

Silicone is expected to be largest type of defoamer during the forecast period

The defoamer market is classified based on type: water-based, oil-based, and silicone-based. The market is dominated by silicone-based due to their enhanced properties such as low surface tension, chemical inertness, thermal stability, and complete insolubility in water. The silicone-based segment is also projected to be the second fastest-growing type of defoamer during the forecast period.

Pulp & paper application is expected to dominate the market during the forecast period

The pulp & paper application dominated the defoamer market during the forecast period, closely followed by paints & coatings in 2015. Paints & coatings application is also expected to witness high growth rate between 2016 and 2021 due to the growing paints & coatings industry in North America, Europe, and Asia-Pacific, as a result increasing the demand for defoamer in the respective regions. The growing manufacturing industry in the U.S., the Middle East, and Asia-Pacific countries such as China, Japan, and India is also driving the market.

North America is expected to account for the largest share of the defoamers market during the forecast period.

Currently, North America is the largest defoamers market, in terms of value, closely followed by Asia-Pacific. Some of the factors driving the growth of the North American market are high growth of end-use industries, local manufacturing, and increased number of domestic players in various market segments.

Asia-Pacific is expected to be the fastest-growing defoamers market due to high demand from pulp & paper and paints & coatings applications. The presence of major countries such as China, India, and Japan is also a major driver of the defoamers market in the region.

Major players operating in the global defoamer market are Air Products and Chemicals Inc. (U.S.), Dow Corning Corporation (U.S.), Evonik Industries (Germany), BASF (Germany), Kemira (Finland), Ashland (U.S.), Elements Plc. (U.K.), and Shin-Etsu Chemical Company Ltd. (Japan). They adopted key strategies such as new product launches and mergers & acquisitions. The major defoamer manufacturers are also focusing on mergers & acquisitions to strengthen their market position by increasing their share in the defoamer market.

Air Products and Chemicals Inc. (U.S.) is one of the leading defoamer manufacturers, globally. The company has been focusing on new product launches to maintain its leading position in the market. For instance, in February 2016, the company launched a new product, Surfynol 107L under the molecular defoamers category. It is a non-foaming, surface active, and non-ionic wetting agent suitable for low-VOC formulations. This helped the company to strengthen its position in the global defoamer market.

Evonik Industries AG (Germany) is another major player in the global defoamer market. The company has been focusing on capacity expansions and mergers & acquisitions as part of its strategic development activities. In March 2016, Evonik participated in a bid to meet rising demand of specialty silicone products in Asia-Pacific. The company planned to construct a production facility in Shanghai, China that is expected to be completed by mid of 2017. Specialty silicones are generally used in car seats, furniture, and ergonomic mattresses. This development helped the company to cater to the rising demand of defoamer. In May 2016, Evonik completed the acquisition of specialty and coatings additive business of Air Products and Chemicals Inc. (U.S.). The acquisition further strengthened the company’s foothold in the North American and Asia-Pacific markets.

Premium Insights of the report:

•          Significant Opportunities for the Antifoaming Agent Market 
•          Antifoaming Agent Market, By Region, 2016–2021 
•          Antifoaming Agent Market in North America, By Application and Country 
•          Antifoaming Agent Market Attractiveness 
•          Antifoaming Agent Market Share, By Type and Region, 2015 
•         Life Cycle Analysis, By Region

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