Air Products and Chemicals Inc. (U.S.), Dow Corning Corporation (U.S.), Evonik Industries (Germany), BASF (Germany), Kemira (Finland) are the Renowned Players in Antifoaming Agent Market - Report by MarketsandMarkets™

According to recent research "Antifoaming Agent Market by Type (Water Based, Oil Based, and Silicone Based), and Application (Pulp & Paper, Oil & Gas, Food & Beverage, Paints & Coatings and Water Treatment) - Global Trends & Forecasts to 2021", global market size of antifoaming agent was USD 5.29 Billion in 2015, which is projected to reach USD 6.59 Billion by 2021, at a CAGR of 3.8% between 2016 and 2021.

Browse 81 market data tables with 70 figures spread through 170 pages and in-depth TOC on "Antifoaming Agent Market - Global Trends & Forecasts to 2021"
https://www.marketsandmarkets.com/Market-Reports/antifoaming-agent-market-200248272.html
Early buyers will receive 10% customization on this report.

The growing manufacturing industry and increasing demand from applications are expected to drive the antifoaming agent market during the forecast period.

Silicone-based captures the largest share of the antifoaming agent market
The antifoaming agent market is segmented based on types, namely, water-based, oil-based, and-silicone based. In 2015, silicone-based captured the maximum share of the overall market and is expected to witness the second-highest growth rate during the forecast period. The demand of silicone-based is increasing because of its properties such as low surface tension, chemical inertness, thermal stability, and complete solubility in water.

Growing demand from pulp & paper application to drive the antifoaming agent market

The antifoaming agent market is also segmented based on applications. The major applications of the antifoaming agent market are pulp & paper, oil & gas, paints & coatings, water treatment, pharmaceuticals, food & beverage, textile, and others. Pulp & paper is the leading application of the antifoaming agent market due to its high demand for pulp & paper manufacturing.

North America the largest antifoaming agent market

The antifoaming agent market is broadly segmented into five regions, namely, North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. North America is the largest antifoaming agent market, closely followed by Asia-Pacific, in terms of value. The rising demand from applications such as paints & coatings and pulp & paper in this region is driving the antifoaming agent market.

Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=200248272

The global market size of antifoaming agent was USD 5.29 billion in 2015 and is estimated to reach USD 6.59 billion by 2021, at a CAGR of 3.8% between 2016 and 2021. The major players adopted key strategies such as new product launches and mergers & acquisitions. The major antifoaming agent manufacturers are also focusing on mergers & acquisitions to strengthen their market position by increasing their share in the antifoaming agent market.

Major players operating in the global antifoaming agent market are Air Products and Chemicals Inc. (U.S.), Dow Corning Corporation (U.S.), Evonik Industries (Germany), BASF (Germany), Kemira (Finland), Ashland (U.S.), Elements Plc. (U.K.), and Shin-Etsu Chemical Company Ltd. (Japan).

Air Products and Chemicals Inc. (U.S.) is one of the leading antifoaming agent manufacturers, globally. The company has been focusing on new product launches to maintain its leading position in the market. For instance, in February 2016, the company launched a new product, Surfynol 107L under the molecular defoamers category. It is a non-foaming, surface active, and non-ionic wetting agent suitable for low-VOC formulations. This helped the company to strengthen its position in the global antifoaming agent market.

Evonik Industries AG (Germany) is another major player in the global antifoaming agent market. The company has been focusing on capacity expansions and mergers & acquisitions as part of its strategic development activities. In March 2016, Evonik participated in a bid to meet rising demand of specialty silicone products in Asia-Pacific. The company planned to construct a production facility in Shanghai, China that is expected to be completed by mid of 2017. Specialty silicones are generally used in car seats, furniture, and ergonomic mattresses. This development helped the company to cater to the rising demand of antifoaming agent. In May 2016, Evonik completed the acquisition of specialty and coatings additive business of Air Products and Chemicals Inc. (U.S.). The acquisition further strengthened the company’s foothold in the North American and Asia-Pacific markets.

Request Sample@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=200248272

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
newsletter@marketsandmarkets.com

This release was published on openPR.