Zion Market Research, the market research group announced the analysis report titled “Defoaming Coating Additives Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024″
Global Defoaming Coating Additives Market: Overview
Defoamer is also well-known by the other name as an anti-foaming agent. It is solvent-free additive mainly used in adhesives, paintings, coatings, and inks. It is a chemical additive which restraints the formation of foam in the industrial process liquids. Some commonly used defoamers are glycols, insoluble oils, stearates, polydimethylsiloxanes, certain alcohols, and silicones. These are added to rupture foam which is already formed. The use of defoaming coating additives is increasing in industrialization, automotive, industrial, wood & furniture, architectural, and others.
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Global Defoaming Coating Additives Market: Segmentation
The global defoaming coating additives market is segmented on the basis of application as automotive, industrial, wood & furniture, architectural, and others. Of which, the automotive application segment is the fastest-growing segment in the global defoaming coating additives market. The global market is categorized based on types as water-based, silicone-based, polymer-based, mineral oil-based, and vegetable oil-based. Of these, water-based defoamer is the dominating type segment in the global defoaming coating additives market. The water-based defoamer is extensively preferred due to its cost-effective nature.
Global Defoaming Coating Additives Market: Growth Factors
The market for defoaming coating additives is growing mainly due to rising industrialization, population, and urbanization in this region. Rapidly developing industries and its production is projected to propel the market growth in future. On the other hand, growing demand for increasing vehicles will also fuel the global defoaming coating additives market in coming years. Changing consumer preferences for luxurious infrastructure and commercial buildings is escalating the global defoaming coating additives market growth in a positive way. Conversely, growing environmental concerns and stringent government regulations may hinder the defoaming coating additives market growth in future.
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Global Defoaming Coating Additives Market: Regional Analysis
Asia Pacific is the leading region in the defoaming coating additives market. High economic growth in this region and developing industries are anticipated to fuel the global defoaming coating additives market. In addition, increasing spending power of the people positively impacts the global market growth. However, Europe is following the same trend, where its attractive market in this region is expected to enhance the global defoaming coating additives market in future. Furthermore, North America is emerging as a developing region for niche market for defoaming coating additives market.
Global Defoaming Coating Additives Market: Competitive Players
Major players in the global defoaming coating additives market include Evonik Industries AG, Allnex SA/NV, Momentive Performance Materials Inc., Ashland Inc., BYK-Chemie GmbH, and Münzing Chemie GmbH. Other key players influencing the global market are Elementis PLC, Arkema S.A., DOW Corning Corporation, and BASF SE. Many companies focus to enhance their market share and hence opt for new strategies. For example, Air Products introduced the new product, Oil-Based Defoamers, Airase 4750V and 4800 oil-based defoamers. It is an effective oil-based foam control additive used in varied applications such as adhesives, inks, industrial, and architectural coatings. The recorded air products sale in 2014 of the company was $10.4 Billion and ranked on Fortune 500 annual list at 276.
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Global Defoaming Coating Additives Market: Regional Segment Analysis
North America(U.S.); Europe(UK, France, Germany); Asia-Pacific(China, Japan, India); Latin America(Brazil); The Middle East and Africa
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