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Defoaming Coating Additives Market 2018 | Industry Analysis by Size, Share, Emerging Trends, Growth Strategies, Business Scope until 2023
Defoaming Coating Additives Market, Defoaming Coating Additives Market size, Defoaming Coating Additives Market share, Defoamin
Current Market Scenario:-
The global defoaming coating additives market is expected to cross USD 1,100 Million by 2022. The market is expected to grow at a CAGR of approximately 6% in the forecasted period. Defoaming coating additives are additives that destroy the existing foam, while antifoaming agents eliminate/fight foam generated during the production of a coating formulation. The market is anticipated to be driven by the growth of construction and automotive industry. The increasing demand for eco-friendly coatings and paints are the key drivers of the market.
Architecture accounts for the largest share in the market by application in 2015. Rapid urbanization and change in consumer preferences, especially from emerging nations has widened the market for attractive and comfortable homes and offices. There has been a shift in the taste of the buyers and demand for spaces with high aesthetic values has gone up. This drives the market for these additives from architecture industry. The trend is expected to be similar by 2022. The market is expected to grow rapidly both in value and volume in the forecasted period.
Regional Analysis of Global Defoaming Coating Additives Market
APAC is the largest market for Defoaming Coating Additives, followed by North America and Europe. The share of APAC is attributed to the upcoming government and private infrastructure projects, the increasing investments in construction and rapid urbanization. The emerging nations like India and China is also seen as the lucrative land for automotive industry due to high demand for automobiles. India accounts for the fastest growing market for such additives and the trend is expected to be similar by the end of the forecasted period.
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Key Players
The key players of global defoaming coating additives market report include- BASF SE, Dow Corning Corporation, Evonik Industries AG, Elementis Plc., Momentive Performance Materials Inc., BYK-Chemie GmbH, Allnex SA/NV, Arkema S.A., Ashland Inc. and Münzing Chemie GmbH.
Regional Analysis of Global Defoaming Coating Additives Market
APAC is the largest market for Defoaming Coating Additives, followed by North America and Europe. The share of APAC is attributed to the upcoming government and private infrastructure projects, the increasing investments in construction and rapid urbanization. The emerging nations like India and China is also seen as the lucrative land for automotive industry due to high demand for automobiles. India accounts for the fastest growing market for such additives and the trend is expected to be similar by the end of the forecasted period.
IMPORTANT POINT FROM TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview Of Global Defoaming Coating Additives Market
6 Market Trends
7 Defoaming Coating Additives Market By Region
8 Defoaming Coating Additives Market By Types
9 Defoaming Coating Additives Market By Application
10 Company Profiles
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