Defoaming Coating Additives Market Expected to Grow Fast| BASF SE, Dow Corning Corporation, Elementis Plc, BYK-Chemie GmbH, among others

2022-08-05 08:09:34 UTC | Chemicals & Advanced Materials
Defoaming Coating Additives Market Expected to Grow Fast| BASF SE, Dow Corning Corporation, Elementis Plc, BYK-Chemie GmbH, among others

The global defoaming coating additives market is expected to reach USD 1,034.2 million by 2021, at a CAGR of 5.6% between 2016 and 2021. The key players in the defoaming coating additives market are Ashland Inc. (U.S.), BASF SE (Germany), BYK Additives & Instruments (Germany), Elementis Plc (U.K.), Evonik Industries AG (Germany), Momentive Performance Materials Inc. (U.S.), and Dow Corning Corporation (U.S.)., among others.

Request a Sample of this Report@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=77783996 

Defoaming coating additives are also called anti-foaming agents and are used in industrial process liquids to reduce the formation of foam. These are special additives that are added to paints and/or coatings to enhance their performance and quality. Defoaming coating additives reduce the formation of macro foam on the surface and combat large air-entrapments, thus enhancing the quality of finished products.

On the basis of defoamer type, the market is segmented into silicone-based defoamer, mineral oil-based defoamer, vegetable oil-based defoamer, water-based defoamer, polymer-based defoamer, and others. The water-based defoamer segment is expected to account for the second-largest share of the defoaming coating additives market. It is projected to be the fastest-growing type segment of the defoaming coating additives market between 2016 and 2021. They are very cost-effective with considerable share of water in the final product though the final composition varies according to end user requirements. These factors are driving the growth of the water-based defoamer segment.

On the basis of application, the market is segmented into architectural, industrial, automotive, wood & furniture, and others. Defoaming coating additives are widely used across various manufacturing industries. Among the various application segments of defoaming coating additives, the automotive application segment is estimated to be the fastest-growing. The demand for defoaming coating additives in this application is also influenced by regulations that control the content of VOC in the formulations. High quality coatings which are thermally stable and can withstand high temperature will drive the demand for coating additives in the automotive application.

Get Customization on this Research Report for Specific Research Solutions@ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=77783996 

Asia-Pacific held the largest share of the defoaming coating additives market in 2015, followed by North America and Europe. China and India were the key markets for defoaming coating additives in Asia-Pacific. High economic growth of the emerging economies and increasing disposable income of the people in the region make Asia-Pacific an attractive market for defoaming coating additives manufacturers. In addition, the extensive growth of industrial production and increasing vehicles’ production are also responsible for the high demand of defoaming coating additives in this region.

About MarketsandMarkets™

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 pain points 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 Micro Quadrants (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.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Top