Defoamers Market : Industry Demands, Top Key Players, Industry Analysis & Forecast by 2023by Deepak Kumar Sr. SEO Executive
The key drivers behind the growing demand of defoamers market include increase in water treatment application, up surging demand for paints and coatings application, growing demand in paper and pulp application, and up surging demand in food and beverages application. However, the regulatory issue in various countries is expected to hamper the growth of the global defoamers market.
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Defoamer is a chemical additive that diminishes and hinders the formation of foam in industrial process liquids. Foam is also known as bubbly liquid, which is usually produced as an undesirable byproduct during the manufacture of several substances. Foam usually creates difficulties in the flow of liquid and stops the movement of oxygen from air.
On the basis of product, the global defoamers market can be segmented into oil based defoamers, silicone based defoamers, water based defoamers, and others. The “others” section of defoamers product segment include ethylene oxide (EO)/propylene oxide (PO) based defoamers.
On the basis of application, the global defoamers market can be segmented into paints and coatings, paper and pulp, water treatment, food and beverages, and others. The paper and pulp industry accounted for the largest market share in the application segment of the global defoamers market during 2014.
Geographically, Asia-Pacific is the largest market for defoamers, followed by Europe and North America. During the forecast period, the Asia-Pacific defoamers market is expected to grow at the fastest rate, which is driven by lenient government regulations, large consumption base, and significant growth of various end-user industries.
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Some of the major competitors in the global defoamers market include Ashland Inc., Evonik Industries AG, BASF SE, Air Products and Chemicals Inc., KCC Basildon, Elementis PLC, Dow Corning Corporation, Kemira Oyj, Wacker Chemie AG, and Bluestar Silicones.
Created on May 7th 2018 03:27. Viewed 190 times.