Industry Background:
Defoaming Coating Additives are used to reduce the formation of foam in industrial process liquids like paints, inks, adhesives, and also construction products. Defoaming Coating Additives are also called Anti-foaming Coating Additives. The additives are also used to break a foam that is already formed. The foams cause serious problems in the industrial processes like cause defects on surface coatings.
According to AMA Research, the market for Defoaming Coating Additives is expected to register a CAGR of 5.2% during the forecast period to 2027. This growth is primarily driven by Increasing usage of Defoaming Coating Additives in Industrial Processes
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Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | N |
Value Unit | USD (Million) |
Key Companies in Study | Ashland Inc. (United States), BASF SE (Germany), BYK Additives & Instruments (Germany), Elementis Plc. (United Kingdom), Evonik Industries AG (Germany), Momentive Performance Materials Inc. (United States), Dow Corning Corporation (United States), Arkema (France) and Münzing Corporation (Germany) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Industrials sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as Ashland Inc. (United States), BASF SE (Germany), BYK Additives & Instruments (Germany), Elementis Plc. (United Kingdom), Evonik Industries AG (Germany), Momentive Performance Materials Inc. (United States), Dow Corning Corporation (United States), Arkema (France) and Münzing Corporation (Germany) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 31st August 2021, Arkema acquired Ashland’s Performance Adhesives. Ashland’s Performance Adhesives is a first-class leader in high-performance adhesives for industrial applications in the United States. It has a unique and innovative product portfolio. With this acquisition company focused on its development of sustainable and high-performance solutions. and In 2020, Evonik has launched a new antifoam for architectural paints. TEGO Foamex 9 is a new mineral oil-based antifoam with long-term effectiveness and excellent compatibility with coatings.
In 2020, Evonic developed the first bio-based antifoaming agent for architectural paints. TEGO® Foamex 18 is the first bio-based anti-foaming agent made up of 98% vegetable oil, a renewable raw material. and On 8th October 2019, BASF launched a new Foammaster WO 2360 defoamer that can obey the regulations about food contact for adhesives, paper coating applications, and functional packaging.Global Defoaming Coating Additives is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Market Drivers
- Increasing usage of Defoaming Coating Additives in Industrial Processes
- High Demand of Defoaming Coating Additives from Automotive Industries
Market Trend
- Rapid Industrialization in Developing Countries Including India and China
Restraints
- Fluctuation in Raw Material Prices
Opportunities
Increasing Construction and Infrastructure Activities across the Globe will create opportunities for the Defoaming Coating Additives Market Growth.
Challenges
Stringent Regulatory Guidelines on the use of Defoaming Coating Additives because of it hamper the environment
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Defoaming Coating Additives Study Sheds Light on
The Defoaming Coating Additives Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Defoaming Coating Additives industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Defoaming Coating Additives industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.