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Defoamers Market Size 2019-2024 By Regional Industry Growth & Forecast

Author : Ronak Bora | Published Date : 2019-06-05 

Rising use of surface active agents in pulp & paper production will likely showcase positive impressions on the defoamers market size globally. The pulp & paper industry will grow at a substantial rate in the forecast period with a CAGR of nearly 4.5%. China leads the pulp & paper market in terms of production quantity and has a market share of close to 25%. Following China are the United States, Japan and Germany respectively. As paper is a primary substitute of plastic in the packaging & labeling industry, the demand for paper industry is fueled on a large scale. Busy work schedules and rising home delivery systems are boosting the demand for the packaging industry. The global packaging & labelling industry was valued at over USD 850 billion in 2016.

Paints & coatings is also set to witness healthy gains at a CAGR of over 4% in the coming years owing to is extensive use in the aerospace, automotive, construction and marine industries. The global automotive industry recorded sales of over 90 million cars and commercial vehicles in 2016, while the aerospace industry revenue growth is estimated at a CAGR of around 3%. Extensive use of defoamers in these industries will propel the defoamers market growth in near future.

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The use of defoamers as an additive in processed food & beverages is increasing by the years. Due to changing lifestyles, nuclear families, working women and shifting taste and preferences, the demand for processed and instant food & beverages is rising rapidly. Growing food & beverages demand, owing to rapidly increasing urban population, is likely to augment the global defoamers market and on a large scale in the coming years.

Stringent regulatory concerns regarding the product usage is likely to hinder the industry growth in the coming years. The quantity of product to be used, percentage of dosage and concentration levels in food & beverages can adversely affect the defoamers market size in near future.

Environmental advantage of ecofriendly products is fueling the demand for water-based defoamers market. Oil based products have a global market share of about 25%. Also, silicon-based products are on huge demand owing to reduction in biological oxygen demand and accounts for a major chunk of share in the global defoamers market.

Based on application, water treatment accounts to over 25% of the global market share and is likely to grow at a significant rate in the forecast period. Environment and health based concerns due to waste and sewage waters are fueling the needs for waste water management.

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Asia Pacific accounted for over a third of the overall defoamers market and has held sway in terms of market share over the past decade. Led by South East Asian countries including Indonesia and Malaysia, the region will record the fastest growth due to its growing pulp & paper market. Indonesia will register growth by over 5% in the forecast timeframe.

Global defoamers market competitive landscape is highly fragmented. The leading six producers will garner less than a quarter of the overall market share.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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