Press release
Defoamers market Trends, Application, Product, Forecasts, 2024 | BASF, Dow, Ashland, Evonik, Kemira Oyj, Elementis, Clariant, KCC Basildon
Defoamers find application in diverse verticals such as paints & coatings, food & beverages, water treatment, etc. which is substantiating the market growth. In the food & beverage industry, the product is used in ready-to-eat food products, as an additive to prevent the formation of froth. Rising consumption of packaged foods and beverages is positively impacting defoamers market outlook.Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/854
Globally, the defoamers market is likely to register remarkable growth due to their integral application across the water treatment, pulp and paper, paints and coatings, and food and beverage industries.
Defoamers are known to offer superior foam control and enhance the drainage and washing performance, allowing the pulp mills to reduce the soda losses and shower flow. These also help mills enhance filtrate solids going to the evaporators, besides improving stock cleanliness and reduce the cost of energy.
In terms of geographical expanse, Asia Pacific defoamers market size has witnessed considerable gains due to the extensive consumption of the product in countries like China and India. The presence of various market players in the region is also amplifying the supply of defoamers. Rising demand for the product from the APAC pulp and packaging as well as the agrochemicals sector has supplemented regional consumption of the compounds.
Asia Pacific, led by countries like India, Thailand, China, and Vietnam has witnessed unprecedented growth in the domestic agriculture industry to meet the high population demand as well as to export food grains and other food products. In the year 2019, the Gross Value Added by agriculture in India itself stood at USD 265.51 billion.
Defoamers market share from paper & pulp application accounted for over 30% during the forecast timeframe and is projected to observe an unprecedented growth over the coming years.
Global food & beverage market share has registered more than USD 40 billion over the last few years and is estimated to observe lucrative growth owing to a booming global population.
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Increasing application of defoamers in the industry to prevent froth formation in aerated drinks as well as packaged food products will boost the product utilization. Regulatory bodies such as FDA and EPA have fixed defoamer concentration for industrial use which may hamper the defoamers market growth up to certain extent.
North America defoamers market was valued at close to USD 1 billion in 2016, while the Europe region is likely to record a growth rate of 4.5% through 2024.
Kemira Oyj, BASF SE, Clariant, Wacker Chemie AG, Air Products and Chemicals Inc, Bluestar Silicones, Evonik Industries AG, and Dow Corning Corp, are some other prominent suppliers of defoamers market across the globe.
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