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Defoamers Market to Reach US$ 11,000 Mn by 2026
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The use of defoamers in the chemical industry has generated a wide array of opportunities for market growth. Furthermore, industrial liquids need to be handled with immense care in order to ensure optimal usage. A number of hydrophobic materials that excite the formation of foam are used across the chemical industry. In order to reduce the amount of foam produced, chemical experts recommend the use of defoamers for a multitude of applications. Defoamers are also available as anti-foaming agents across the market. This is an important point from the perspective of evaluating the market dynamics of the product.
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Transparency Market Research (TMR) finds that the global defoamers market is expected to grow at a steady CAGR of 4.5% over the period between 2018 and 2026. The total value of the defoamers market held a total value of US$ 7500 Mn in 2017. This value is slated to touch new heights in the years to follow. The growth of the defoamers market can be attributed to the advancements in end-use industries such as agrochemicals, food and beverages, and oil and gas.
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2018 defoamers market
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Advancements in Food Processing and Manufacturing
The use of defoamers in the food industry has played a central role in generating increased revenues within the market. Kitchens of large restaurants and hotels that prepare food for thousands of people use defoamers to prevent effusion while preparing food.
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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
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