TMR_Research_Reports_2017 Defoamers Market Research Report By 2023 | Seite 2
Defoamers Market
REPORT DESCRIPTION
Defoamers Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2015 - 2023
The global defoamers market is a highly fragmented arena. Some of the leading companies
operating in the market are Dow Corning Corporation, Ashland Inc., Kemira Oyj, Bluestar Silicones,
and Air Products and Chemicals Inc. Transparency Market Research (TMR) observes that the
majority of these players in the market are large chemical companies with dedicated manufacturing
technologies along with experience and expertise.
The high technical acumen of these players along with large capital requirement to venture into this
market is creating a high entry barrier for new players. “However, a large number of end users is
making the global defoamers market highly lucrative for new players,” says TMR’s lead analyst. The
global defoamers market was valued at US$3.00 bn in 2016 and is expected to rise to US$4.10 bn by
2023, progressing at a CAGR of 4.5% from 2015 to 2023.
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Silicone-based Defoamers to Lead Revenue Generation through 2023
On the basis of application, silicone-based defoamers will continue to dominate the market until the
end of 2023, accounting for 44.9% of the overall market revenue. Water-based defoamers, on the
other hand, will rise at a CAGR higher than any other segment during the review period. The growth
of the segment can be attributed to the rising demand from the paints and coatings industry.
Based on geography, Asia Pacific will continue to be the frontrunner in the global arena until 2023.
The growth of the region can be attributed to the spiraling demand for defoamers in countries such as
India, China, and Japan. The increasing demand from end-use sectors such as the food and
beverages and paper and pulp is also contributing to the growth of the region. Owing to these factors,
APAC is estimated to exhibit a CAGR of 4.9% during the same period.
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Transparency Market Research