Press release
Lubrication Foam Inhibitors Market Key Participants Alpine Specialty Chemicals, Octane Incorporated FZC
Global Lubrication Foam Inhibitors Market: IntroductionLubrication foam inhibitors, generally known as anti-foaming agents, curb the formation of foam, as a large number of lubricant applications involve agitation and aeration, which traps air in the lubricant and encourages the formation of foam. Lubrication foam inhibitors alter the surface tension of the lubricant and help weaken the structure of air bubbles. Further, lubrication foam inhibitors are essential where lubrication foam can lead to oil spillage and inefficient control response. The foaming of lubricants is a very undesirable effect, which can cause enhanced oxidation by the intensive mixture with air. Thus, in order to hinder the formation of foam, lubrication foam inhibitors are indispensably used in a wide range of applications.
On a macro level, a pick-up in industrial activities and a positive outlook for oil and gas demand are foreseen to support the growth of the lubricant foam inhibitors market. Interestingly, a decrease in the per capita consumption of lubricants plays a pivotal role in determining the overall outlook for the global lubricant foam inhibitors market. Subsequently, the aim of the study is to analyze the most recent trends and dynamics in the global lubrication foam inhibitors market.
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Global Lubrication Foam Inhibitors Market: Dynamics
The growth for lubricant foam inhibitors across the globe is mainly due to rebounding lubricant production and modestly rising additive treat rates. Additionally, regional economic prospects and vehicle ownership are expected to propel the growth of the lubrication foam inhibitors market. The low natural gas prices trend over the coming few years is expected to augment manufacturing activities. Subsequently, the surge in the demand for lubrication foam inhibitors is expected.
Mature markets plateauing in passenger car ownership will likely deter demand growth in the lubricant foam inhibitors market. Further, improved efficiency and less frequent lubricant replacement will be a common trend throughout the market, restraining the demand for lubrication foam inhibitors. In addition, market consolidation continues to be a prominent trend in the lubrication foam inhibitors market.
Global Lubrication Foam Inhibitors Market: Segments
The global lubrication foam inhibitors market can be segmented on the basis of product type, end-use industry, and region.
On the basis of product type, the global lubrication foam inhibitors market can be segmented as:
Organic Lubrication Foam Inhibitors
Silicone Lubrication Foam Inhibitors
Oil Compound Types
Solvent Types
Powder Types
Emulsion Types
On the basis of end-use industry, the global lubrication foam inhibitors market can be segmented as:
Chemicals
Petroleum Refining
Automotive & Transportation
Paints and Coatings
Pulp and Paper
Wastewater Treatment
Textile Industry
Food & Beverages
Pharmaceuticals
Global Lubrication Foam Inhibitors Market: Regional Outlook
In the North American lubrication foam inhibitors market, significant growth opportunities are also anticipated in key end-use industries such as construction, automotive, and oil and gas production. This is because the U.S. construction industry is expected to continue to exhibit strong recovery in the coming years, and will be one of the crucial markets for lubrication foam inhibitors. Moreover, China, being at the forefront in terms of low-cost manufacturing capabilities, is set to foster the demand growth of lubrication foam inhibitors. With the help of the 'Make in India' initiative, India is on path to becoming a center for hi-tech manufacturing, which will squarely increase the demand for lubrication foam inhibitors. Moving ahead, with the presence of prominent refineries in South Korea and the Middle East, both regions are expected to experience significant growth in the lubrication foam inhibitors market. Furthermore, the high consumption of lubricants in South East Asia & Pacific is expected to boost the demand for lubricant foam inhibitors. Lastly, longer drain intervals in European countries will impede the growth of the lubrication foam inhibitors market. However, Asia is expected to drive the global demand for lubrication foam inhibitors in the foreseeable future.
Global Lubrication Foam Inhibitors Market: Key Participants
List of some of the prominent market participants in the global lubrication foam inhibitors market discerned across the value chain include:
Afton Chemical
Shriven Chemical Company
Shin-Etsu Chemical Co., Ltd.
Lubricating Specialties Company
KRAHN Chemie GmbH
MAPEI S.p.A.
KIK Pool Additives Inc.
Eaton
Alpine Specialty Chemicals
Octane Incorporated FZC
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