(EnergyIndustry.Net, July 08, 2021 ) The report "Defoamers Market by Type (Water Based, Oil Based, and Silicone Based), Application (Pulp & paper, Oil & Gas, Food & Beverage, Paints & Coatings, Detergents, Pharmaceutical, Textiles, and Water Treatment) – Global Forecast to 2021" The Defoamers market is projected to reach USD 6.60 billion by 2021, at a CAGR of 3.8% from USD 5.48 billion in 2016.
Silicone-based captures the largest share of the Defoamers Market
The defoamers market is segmented based on types, namely, water-based, oil-based, and-silicone based. In 2015, silicone-based captured the maximum share of the overall market and is expected to witness the second-highest growth rate during the forecast period. The demand of silicone-based is increasing because of its properties such as low surface tension, chemical inertness, thermal stability, and complete solubility in water.
Growing demand from pulp & paper application to drive the Defoamers Market
The defoamers market is also segmented based on applications. The major applications of the defoamer market are pulp & paper, oil & gas, paints & coatings, water treatment, pharmaceuticals, food & beverage, textile, and others. Pulp & paper is the leading application of the defoamer market due to its high demand for pulp & paper manufacturing.
Browse in-depth TOC on "Defoamers Market” 81 - Market Data Tables 70 - Figures 170 - Pages
North America the largest Defoamers Market
The defoamer market is broadly segmented into five regions, namely, North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. North America is the largest defoamer market, closely followed by Asia-Pacific, in terms of value. The rising demand from applications such as paints & coatings and pulp & paper in this region is driving the defoamer market.
Various market players such as Air Products and Chemicals Inc. (U.S.), Dow Corning Corporation (U.S.), Evonik Industries (Germany), BASF (Germany), Kemira (Finland), Ashland (U.S.), Elements Plc. (U.K.), and Shin-Etsu Chemical Company Ltd. (Japan) dominate the global defoamer market.
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.