Defoaming Coating Additives Market Size , Share , Trends , Analysis and Forecasts To 2021
Market Research analysts forecast the global defoaming coating additives market to grow at a CAGR of 6.27 % during the period 2017-2021 .
The following companies as the key players in the global defoaming coating additives market : ALTANA , Ashland , BASF , Dow Corning , and Elementis .
Other Prominent Vendors in the market are : Allnex Belgium , Arkema , Evonik , Momentive , MÜNZING , and Wacker Chemie .
Commenting on the report , an analyst from team said : “ The latest trend gaining momentum in the market is adoption of eco-friendly coatings and additives . Green initiative is an eco-friendly objective that targets the reduction of greenhouse gases from the environment . This objective benefits , preserves , and protects the environment . To reduce pollution , the governments of many countries such as Germany , the US , Canada , and France are encouraging the use of emission-free materials such as water-based defoamers for paints and coatings .
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According to the report , one of the major drivers for this market is increasing adoption of water-based formulations than solvent-based formulations . In water-based formulations , water replaces organic solvents . This results in a reduction of solvent-based VOC emissions , which ultimately reduces the adverse effects of defoaming coating additives in the environment . Initially , only 20 % of the overall paints and coatings applications used waterborne defoaming coating additives . However , with the increase in the environmental emission regulations , the use of waterborne defoaming coating additives in paints and coatings has increased to approximately 55 % in 2015 .
Further , the report states that one of the major factors hindering the growth of this market is stringent regulations concerning heavy and toxic metals . Paints and coatings are either solvent borne or waterborne . Paints and coatings include a toxic blend of several compounds , metals , and additives such as defoaming coating additives . They consist of organic solvents , chromium , mercury , cadmium , and lead . The use of these solvent-borne paints and coatings leads to emissions of hazardous pollutants .
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry . The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors .