Stratview Research has launched a new report, titled 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)
Covid-19 Impact Analysis:
Covid-19 has highly impacted the market dynamics, competition, and supply chain of almost all industries. The revenues have gone down in 2020 and are expected to resume an uptrend gradually from 2021 and continue to grow further. The report covers all the segments that were affected by the pandemic.
According to the report, 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.
Market Segments’ 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.
Key Players
The following are the key players 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
Frequently Asked Questions –
This report provides vital information and valuable insights, enabling the users to identify the strategic growth opportunities in the market. The report aims at answering the following key questions:
- What is the current and future market size of Defoamers Market?
- How has the COVID-19 pandemic impacted the market? How fast is it expected to recover?
- What will be the short and long-term effects of the pandemic?
- How are other market factors affecting the market dynamics?
- Which segments offer high-growth opportunities in the long run?
- How fierce is the Defoamers Market competition?
- What are the key emerging trends and unmet needs in the present market?
- What are the strategic growth opportunities and key success factors?
Read the full report: https://www.stratviewresearch.com/2440/Defoamers-Market.html
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