Global Defoamer industry is projected to reach 2853.63 K Tonnes by 2022 QYRESEARCH FOCUS ON MARKET SURVEY AND RESEARCH
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• The defoamer industry was 5132.25 million USD in 2016 and is projected to reach USD 6349.32 million USD by 2022, at a CAGR (Compounded Annual Growth Rate) of 3.61% between 2016 and 2022. The key players are Dow Corning, Momentive, Wacker Chemie AG, Shin-Etsu Chemical, Bluestar Silicones, Evonik Industries, Kemira, Elementis Specialties, Air Products, Ashland, BASF, BYK Additives & Instruments, Basildon Chemicals, LEVACO, BRB International, Nanjing SIXIN and so on. Among them, Dow Corning is the leader of defoamer market.
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Defoamers help to reduce and hinder the formation of foam in industrial process liquids. Foam is a substance which is formed as a result of trapping pockets of gas in a liquid or solid. Foam blocks the transfer of oxygen from air and hampers the flow of liquid. Thus, the formation of foam affects many industrial processes. Defoamers are insoluble in the foaming medium and have surface active properties. An essential feature of a defoamer product is a low viscosity and a facility to spread rapidly on foamy surfaces. Thus, the defoamer is used in multiple end-user industries where the formation of foam possesses the significant threat.
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The pulp & paper application dominated the defoamer market during the forecast period, closely followed by paints & coatings in 2016. Paints & coatings application is also expected to witness high growth rate between 2016 and 2021 due to the growing paints & coatings industry in North America, Europe, and Asia-Pacific, as a result increasing the demand for defoamer in the respective regions. The growing manufacturing industry in the U.S., the Middle East, and Asia-Pacific countries such as China, Japan, and India is also driving the market. The defoamer market is classified based on type: water-based, oil-based, silicone-based, EO/PO based and so on. The market is dominated by silicone-based due to their enhanced properties such as low surface tension, chemical inertness, thermal stability, and complete insolubility in water. www.qyresearch.com
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Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions’ unfair methods of competition. Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field. Click to view the full report: https://www.qyresearch.com/index/detail/556348/globaldefoamer-sales-market www.qyresearch.com