The global Defoamers market accounted for USD 3.47 Billion in 2020 and is expected to reach USD 4.53 Billion by 2028, growing at a CAGR of around 3.3% between 2021 and 2028.
The global Defoamers market accounted for USD 3.47 Billion in 2020 and is expected to reach USD 4.53 Billion by 2028, growing at a CAGR of around 3.3% between 2021 and 2028.
The rising use of defoamers in several agrochemicals, including fertilizers & pesticides, and significant growth in water treatment infrastructure drives the market. Defoamers play a big role in minimizing the carbon footprint caused by manufacturers and end-users, which is probably going to push the demand for low VOC solvent-free defoamers. Manufacturers are emphasizing the usage of bio-based and sustainable raw materials rather than petro-based variants. Producers, on the opposite hand, are stressing the event of modified and high-performance silicone compounds to reinforce product performance.
Environmental regulations across the world have stimulated the utilization of solvent-free defoamers thanks to low VOC content. Water-based product variants are expected to witness a better demand due to their environmental sustainability. Manufacturers now specialize in research and innovation to develop high-performance silicone compounds as raw materials.
Regulatory bodies like the U.S. FDA and therefore the European Commission have enforced several laws to manage the composition of defoamers. The organizations have specified usage limits of varied components within the product formulation. Some variants contain harsh chemicals utilized in foods and have the potential to cause health hazards. As a result, stringent regulations by governing bodies in developed countries and associated side-effects could hinder the market during the forecast period.
COVID-19 Impact Analysis:
The COVID-19 pandemic has led to a dramatic loss of human life worldwide and presents an unprecedented challenge to food systems, agriculture, water industry, public health, and therefore the world of labor. The economic and social disruption caused by the pandemic is devastating: tens of many people are in danger of falling into extreme poverty, while the number of undernourished people, currently estimated at nearly 690 million, could increase by up to 132 million by the top of the year. Millions of enterprises face an existential threat. Nearly half the world’s 3.3 billion global workforces are in danger of losing their livelihoods. Informal economy workers are particularly vulnerable because they bulk lack social protection and access to quality health care and have lost access to productive assets. The restrictions imposed by various countries to contain COVID have led the organizations to concern about financial stability, workforce welfare, and continuity of operations. Businesses will need to analyze weaknesses and inefficiencies so that they can move forward and generate revenue.
Growth Factors
Increasing demand from the paper & pulp industry especially in the Asia Pacific region is predicted to drive the demand for the defoamers market during the forecast period. Moreover, increasing demand from food & beverages and paints & coatings end-use industries are some others factors driving the expansion of the worldwide defoamers market. However, stringent regulations on VOC containing defoamers, and concerns regarding the health problems that they cause may curb the defoamers market within the near future. Nonetheless, the growing demand for defoamers in the Asia Pacific region is predicted to open new avenues for the market over the years.
Report Attributes | Report Details |
---|---|
Report Name | Defoamers Market |
Market Size in 2020 | USD 3.47 Billion |
Market Forecast in 2028 | USD 4.53 Billion |
Compound Annual Growth Rate | CAGR of 3.3% |
Number of Pages | 110 |
Forecast Units | Value (USD Billion), and Volume (Units) |
Key Companies Covered | Wacker Chemie AG, Bluestar Silicones, Elementis plc, Clariant, KCC Basildon, BASF SE, Dow Corning Corporation, Air Products and Chemicals, Inc., Ashland, Inc., Kemira Oyj, and Evonik Industries AG among others. |
Segments Covered | By Product Type, By Application And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latian America, Middle East and Africa (MEA) |
Countries Covered | North America: U.S and Canada Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific Latin America: Brazil, Argentina, Chile The Middle East And Africa: South Africa, GCC, Rest of MEA |
Base Year | 2020 |
Historical Year | 2015 to 2019 |
Forecast Year | 2021 - 2028 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Product Segment Analysis Preview
Silicone-based defoamer is one of the main sorts of defoamer used globally accounting for quite one-third of the worldwide defoamers market share. While water-based defoamers are expected to be the fastest-growing segment during the forecast period. The Paper & pulp industry dominated the worldwide defoamers’ market share in 2015. Wastewater treatment is predicted to be the second-largest end-user industry for the global defoamers market.
End-User Segment Analysis Preview
The pulp & paper application dominated the defoamer market during the forecast period, closely followed by paints & coatings in 2015. Paints & coatings application is additionally expected to witness a high rate of growth between 2016 and 2021 thanks to the growing paints & coatings industry in North America, Europe, and Asia-Pacific, as a result increasing the demand for defoamer within the respective regions. The growing manufacturing industry within the U.S., the center East, and Asia-Pacific countries like China, Japan, and India is additionally driving the market.
Regional Analysis Preview
Asia-Pacific was the most important regional marketplace for the defoamers in 2017. The Asia Pacific accounted for quite a 30% share of the worldwide defoamers market. Europe followed the Asia Pacific in terms of demand for defoamers globally. However, strict regulations concerned with the utilization of VOC-containing defoamers are impeding market growth during this region. Moreover, the sluggish growth of the paper & pulp industry during this region is predicted to hamper the expansion of the defoamers market during this region.
Asia Pacific is predicted to be the fastest regional marketplace for defoamers thanks to a large consumption base, the expansion of varied end-user industries, and lenient governmental regulations. Countries like China, India, and Japan are predominantly contributing to the expansion of defoamers during this region. North America is predicted to witness moderate growth. Latin America is predicted to witness noticeable growth, while the center East & Africa is estimated to expand at a slow rate of growth.
Key Market Players & Competitive Landscape
Key players operating in the defoamers market include Wacker Chemie AG, Bluestar Silicones, Elementis plc, Clariant, KCC Basildon, BASF SE, Dow Corning Corporation, Air Products and Chemicals, Inc., Ashland, Inc., Kemira Oyj, and Evonik Industries AG among others.
By Product
By End-Users
By Region
FrequentlyAsked Questions
The global Defoamers Market was valued at USD 3.47 billion in 2020.
The global Defoamers Market is expected to reach USD 4.53 billion by 2028, growing at a CAGR of 3.3% between 2021 to 2028.
Increasing use of defoamers in several agrochemicals, including fertilizers and pesticides, and significant growth in water treatment infrastructure drives the market.
Asia-Pacific is predicted to grow at the fastest rate. The pulp and paper industry are key drivers for regional growth and the proliferation of online retailing generates a strong demand for pulp and paper in various packaging applications.
Key players operating in the defoamers market include Wacker Chemie AG, Bluestar Silicones, Elementis plc, Clariant, KCC Basildon, BASF SE, Dow Corning Corporation, Air Products and Chemicals, Inc., Ashland, Inc., Kemira Oyj, and Evonik Industries AG among others.
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