IMARC Group, a leading market research company, has recently released a report titled “Defoamers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global defoamers market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
What Are The Growth Prospects Of The Defoamers Industry?
According to the report, The global defoamers market size reached US$ 5.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.8 Billion by 2028, exhibiting a growth rate (CAGR) of 4.6% during 2023-2028.
What are defoamers?
Defoamers refer to the chemical additives used as anti-foaming agents to destabilize foam formation in industrial process liquids quickly. They are oil-based, water-based, or silicone-based. Defoamers restrict the formation of foam and minimize surface tension. In addition to this, they exhibit various beneficial properties, such as low affinity for air-liquid surfaces and easy spreadability. Some commonly used defoamers include silicones, polydimethylsiloxanes, stearates, glycols, insoluble oils, as well as inorganics, including talc and silicates, etc. They assist in preventing bacterial contamination, residue deposits, drainage issues, etc., thereby enhancing the operational life of the machinery. Consequently, defoamers find extensive applications in several industries, such as oil and gas, chemicals, food and beverage (FB), agriculture, mining, etc.
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What are the growth prospects and trends in the defoamers industry?
The growing product utilization in the manufacturing of paints, inks, and coatings to prevent defects, such as fisheyes, popping, cratering, etc., is primarily driving the defoamers market. Additionally, the widespread adoption of these additives in water treatment facilities and industrial wastewater streams is further catalyzing market growth. Besides this, the escalating demand for defoamers to optimize sludge dewatering, thickening, clarification, filtering floatation processes, etc., is acting as another significant growth-inducing factor. Moreover, numerous product innovations, such as the development of water- and bio-based defoamers, are also positively influencing the global market. Apart from this, as compared to traditional petroleum-based variants, they have low volatile organic compounds (VOC) content and are produced using sustainable raw materials, which is anticipated to fuel the defoamers market over the forecasted period.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Medium of Dispersion:
- Aqueous Systems
- Non-Aqueous/Solvent
Breakup by Product:
- Water-based
- Oil-based
- Silicone-based
- Others
Breakup by Application:
- Pulp and Paper
- Paints and Coatings
- Agrochemicals
- Water Treatment
- Food and Beverages
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Air Products and Chemicals Inc.
- Ashland, BASF SE
- Clariant AG, Dow Inc.
- Elementis plc
- Elkem ASA
- Evonik Industries AG
- Basildon Chemical Company Limited (Momentive Performance Materials Inc.)
- Kemira Oyj
- Wacker Chemie AG
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