The Defoamers Market to grow by USD 1,721.95 million from 2022 to 2027; The rising demand from developing economies to boost market growth

NEW YORK, Aug. 7, 2023 /PRNewswire/ -- The defoamers market is estimated to grow by USD 1,721.95 million from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 4.54% during the forecast period. However, the growth momentum will progress. For more insights on the historical (2017 to 2021) and forecast market size (2023 to 2027) - Request a sample report

Frequently Asked Questions:

Based on segmentation by Type, which is the leading segment in the market?- The market share growth by the water-based segment will be significant during the forecast period.

What are the major trends in the market? - A key trend shaping the global defoamers market growth is the adoption of eco-friendly coatings and additives.

At what rate is the market projected to grow? - The Global Defoamers Market size is estimated to grow by a CAGR of 4.54%.

Who are the top players in the market?- Airedale Chemical Co. Ltd., Ashland Inc., Baker Hughes Co., BASF SE, Buckman Laboratories lnternational Inc., Clariant International Ltd., Dow Chemical Co., Ecolab Inc., Elementis Plc, Elkem ASA, Evonik Industries AG, Henkel AG and Co. KGaA, Huntsman International LLC, Kemira Oyj, Momentive Performance Materials Inc., Quaker Chemical Corp., Resil Chemicals Pvt. Ltd., Shin Etsu Chemical Co. Ltd., Supreme Silicones India Pvt Ltd., and Wacker Chemie AG

What are the key market drivers and challenges?- One of the key factors driving the global defoamers market growth is the rising demand from developing economies. However, declining demand from Western economies is one of the key challenges.

How big is the North America market?- North America is estimated to contribute 37% to the growth of the global market during the forecast period.

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Defoamers Market - Segmentation AssessmentSegment OverviewTechnavio has segmented the market based on type (water-based, silicone-based, mineral-oil-based, and others), and application (Architectural, Industrial, Wood and furniture, Automotive, and Others)

The market share growth in the water-based segment will be significant during the forecast period. Due to their ability to overcome application issues in these industries, water-based defoamers are mostly utilized in construction, paints, coatings, and other waterborne systems. The coatings industry prefers water-based defoamer formulations since they are either VOC-free or low in VOCs. Thus, the increase in demand for eco-friendly, water-based defoamers is expected to drive segment growth during the forecast period.

Geography OverviewBy geography, the global defoamers market is segmented into North America, APAC, Europe, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the defoamers market.

North America is estimated to contribute 37% to the growth of the global market during the forecast period. This is because of an increase in the use of these chemicals in applications for wood and furniture as well as in industry and architecture. Additionally, the region producers of paint and coatings are switching to water-based formulations for industrial and architectural coatings. Hence, these factors are expected to drive the defoamers market growth in the region during the forecast period.

Insights on the market contribution of various segments, including country and region wise historical data (2017 to 2021), and forecast market size (2023 to 2027) - Download a Sample Report

Defoamers Market – Market DynamicsKey Driver

The rising demand from developing economies is a key factor driving market growth. These developing markets are growing faster than those in North America and Western Europe as leading players compete for growth opportunities. For example, the APAC region, especially the China and Indian market, is a key opportunity not only for suppliers in the global defoamer market but also for end-use industries such as paints and coatings, food and beverages, water treatment, pulp, paper, etc. Hence, these factors are expected to drive market growth during the forecast period.

Major Trends

The adoption of eco-friendly coatings and additives is a major trend in the market. Encapsulated and stabilized defoamers for use in powder coatings and water-based coating systems are the products that the producers are concentrating on manufacturing. To supply defoaming coating additives that are environmentally friendly and meet regulatory testing criteria, manufacturers are also required to adapt their ingredients and procedures. Thus, these factors are expected to drive market growth during the forecast period.

Significant Challenges

Declining demand from Western economies is a significant challenge restricting market growth. The key factor that had an impact on the market for defoamers that supply the furniture, automotive, construction, and food and beverage industries is the reduction in export demand for defoamers from Western Europe. In addition, rising raw material costs and intense competition from manufacturers situated in APAC that operate at a low cost have put pressure on sector players. Hence, these factors are expected to restrict market growth during the forecast period.

Insights on Market Drivers, trends, & Challenges, historic period(2017 to 2021), and forecast period(2023 to 2027)- Request a sample report!

What are the key data covered in this Defoamers Market report?

CAGR of the market during the forecast period

Detailed information on factors that will drive the growth of the defoamers market between 2023 and 2027.

Precise estimation of the size of the defoamers market and its contribution to the market with a focus on the parent market

Accurate predictions about upcoming trends and changes in consumer behavior

Growth of the defoamers market across North America, APAC, Europe, Middle East and Africa, and South America

A thorough analysis of the market's competitive landscape and detailed information about companies

Comprehensive analysis of factors that will challenge the growth of defoamers market companies

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Defoamers Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.54%

Market growth 2023-2027

USD 1,721.95 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

3.95

Regional analysis

North America, APAC, Europe, Middle East and Africa, and South America

Performing market contribution

North America at 37%

Key countries

US, China, India, Germany, and UK

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Airedale Chemical Co. Ltd., Ashland Inc., Baker Hughes Co., BASF SE, Buckman Laboratories lnternational Inc., Clariant International Ltd., Dow Chemical Co., Ecolab Inc., Elementis Plc, Elkem ASA, Evonik Industries AG, Henkel AG and Co. KGaA, Huntsman International LLC, Kemira Oyj, Momentive Performance Materials Inc., Quaker Chemical Corp., Resil Chemicals Pvt. Ltd., Shin Etsu Chemical Co. Ltd., Supreme Silicones India Pvt Ltd., and Wacker Chemie AG

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition

3.2 Market segment analysis

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027

4 Historic Market Size

4.1 Global defoamers market 2017 - 2021

4.2 Type Segment Analysis 2017 - 2021

4.3 Application Segment Analysis 2017 - 2021

4.4 Geography Segment Analysis 2017 - 2021

4.5 Country Segment Analysis 2017 - 2021

5 Five Forces Analysis

5.1 Five forces summary

5.2 Bargaining power of buyers

5.3 Bargaining power of suppliers

5.4 Threat of new entrants

5.5 Threat of substitutes

5.6 Threat of rivalry

5.7 Market condition

6 Market Segmentation by Type

6.1 Market segments

6.2 Comparison by Type

6.3 Water-based - Market size and forecast 2022-2027

6.4 Silicone-based - Market size and forecast 2022-2027

6.5 Mineral-oil based - Market size and forecast 2022-2027

6.6 Others - Market size and forecast 2022-2027

6.7 Market opportunity by Type

7 Market Segmentation by Application

7.1 Market segments

7.2 Comparison by Application

7.3 Architectural - Market size and forecast 2022-2027

7.4 Industrial - Market size and forecast 2022-2027

7.5 Wood and furniture - Market size and forecast 2022-2027

7.6 Automotive - Market size and forecast 2022-2027

7.7 Others - Market size and forecast 2022-2027

7.8 Market opportunity by Application

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation

9.2 Geographic comparison

9.3 North America - Market size and forecast 2022-2027

9.4 APAC - Market size and forecast 2022-2027

9.5 Europe - Market size and forecast 2022-2027

9.6 Middle East and Africa - Market size and forecast 2022-2027

9.7 South America - Market size and forecast 2022-2027

9.8 US - Market size and forecast 2022-2027

9.9 China - Market size and forecast 2022-2027

9.10 Germany - Market size and forecast 2022-2027

9.11 India - Market size and forecast 2022-2027

9.12 UK - Market size and forecast 2022-2027

9.13 Market opportunity by geography

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges

10.4 Market trends

11 Company landscape

11.1 Overview

11.2 Company landscape

11.3 Landscape disruption

11.4 Industry risks

12 Company Analysis

12.1 Companies covered

12.2 Market positioning of companies

12.3 Airedale Chemical Co. Ltd.

12.4 Baker Hughes Co.

12.5 BASF SE

12.6 Buckman Laboratories lnternational Inc.

12.7 Clariant International Ltd.

12.8 Dow Chemical Co.

12.9 Elementis Plc

12.10 Elkem ASA

12.11 Evonik Industries AG

12.12 Henkel AG and Co. KGaA

12.13 Huntsman International LLC

12.14 Kemira Oyj

12.15 Momentive Performance Materials Inc.

12.16 Quaker Chemical Corp.

12.17 Wacker Chemie AG

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist

13.3 Currency conversion rates for US$

13.4 Research methodology

13.5 List of abbreviations

About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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