Press release
Defoaming Coating Additives Market Size, Report & Global Forecast 2023-2028
IMARC Group, a leading market research company, has recently releases report titled "Defoaming Coating Additives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028." The study provides a detailed analysis of the industry, including the global defoaming coating additives market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.How Big is the Defoaming Coating Additives Market?
The global defoaming coating additives market size reached US$ 1.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.8 Billion by 2028, exhibiting a growth rate (CAGR) of 6.2% during 2023-2028.
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Defoaming coating additives, also known as defoamers, refer to chemical additives that prevent or reduce the formation of foam in paints, inks, and adhesives. They are available as silicone, polymer, mineral oil, water-based, and vegetable oil. They are easily dispersing in water and water-based solutions to provide foam suppression. They are cost-effective and offer easy incorporation, high efficacy, good adhesive, defect free coatings, and excellent binder compatibility. They assist in enhancing the adhesion and increasing resistance against moisture and salt water. They allow manufacturers to easily split grains into proteins for animal feed and starches that can be fermented into ethanol products. They are utilized to avoid foaming, foam suppressing, and deaerating in a product, as foaming can be disruptive for handling and storage purposes. Besides this, they aid in reducing volatile organic compound (VOC) emissions and are environment friendly and sustainable. As a result, defoaming coating additives also find applications in the automotive, wood and furniture, industrial, textiles, and construction industries across the globe.
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What are the growth prospects and trends in the defoaming coating additives industry?
At present, the rising demand for defoaming coating additives in the construction industry for the development of emulsion paints and coatings represents one of the key factors supporting the growth of the market. Besides this, the growing adoption of defoaming coating additives to reduce volatile organic compound (VOC) emissions around the world is offering a positive market outlook. Additionally, there is a rise in the need for cost-effective, improved quality, enhanced gloss, increased productivity, and high dispersion stability solutions across the globe.
This, coupled with the increasing demand for architectural coatings in the automobile industry around the world, is propelling the growth of the market. Apart from this, governing agencies of various countries are encouraging the adoption of defoaming coating additives and implementing stringent rules and regulations for environment protection, which is offering lucrative growth opportunities to industry investors. Moreover, the increasing demand for cleaner and greener formulations for coating and decorative purposes is positively influencing the market.
In addition, the rising demand for defoaming coating additives, as they are wear, moisture, and saltwater resistant, is contributing to the growth of the market. Besides this, the increasing demand for silicone-based defoaming coating additives in wastewater treatment due to the scarcity of drinking water across the globe is strengthening the market growth. Furthermore, key players are introducing a new mineral-oil-based defoamer that offers long-term effectiveness and is highly compatible with the coating, which is bolstering the growth of the market.
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Global Defoaming Coating Additives Market 2023-2028 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Air Products and Chemicals Inc., Altana AG, Arkema S.A., Ashland Global, BASF SE, Clariant AG, Dow Inc., Elementis PLC, Elkem ASA (China National Bluestar (Group) Co. Ltd.), Evonik Industries AG, Kemira Oyj, Momentive Performance Materials Inc., Solvay S.A. and Wacker Chemie AG.
The report has segmented the market on the basis of region, product type, function and end use industry.
Breakup by Product Type:
• Water-based Systems
o Silicone
o Emulsion
o Polymer
o Powder
o Others
• Solvent-based Systems
o Polymer
o Silicone
Breakup by Function:
• Foam Breaking
• Foam Suppressing
• Deaerating
Breakup by End Use Industry:
• Building and Construction
• Automotive
• Wood and Furniture
• Others
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/defoaming-coating-additives-market
If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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