Defoaming Coating Additives Market Overview:
Global Defoaming Coating Additives Market is segmented into Product Type, Application and Region. Among the product type silicon-based deformer is the largest market and is expected to show the same trend during the forecast years. Properties of defoaming additives such as chemical inertness, low solubility and low surface tension makes silicon-based deformer the dominant segment, whereas water-based segment in expected to be the fastest growing segment.
Defoamers, is basically an anti-foaming agent which is a solvent free additive extensively used in adhesives, coatings, paintings, inks and others. It has the ability to restrict the formation of foam in the industrial liquids. The most commonly used defoamers are insoluble oils, glycols, alcohols, silicones, stearates, and polydimethylsiloxanes. Defoaming coating additives are organic chemicals or liquid that are added to lacquers, paints and resins to prevent pin-hole formation and enhance their flow.
These coating additives plays a major part in the prevention of air bubbles in the production of industrial liquids and substantially helps in reduction of greenhouse gas emissions. Moreover, properties of deforming coating additives such as enhanced stain resistance, gloss enhancement, improved dispersion stability paves its way into the building and construction sector, automotive, wood and furniture and various industrial sectors.
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.), Dow Corning Corporation (U.S.), BYK-Chemie GmbH (Germany), Allnex group (Germany), Arkema (France), Ashland Inc.(U.S) , and Münzing Corporation (Germany) among others are some of the prominent players at the forefront of competition in the Global Defoaming Coating Additives Market and are profiled in MRFR Analysis.
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Global Defoaming Coating Additives Market has been segmented by Type, Function, Application, and Region.
By Type, the market has been segmented into silicone, polymer, mineral oil, vegetable oil, water-based, emulsion-based, and powder-based defoamers.
Based on Function, the market has been divided into foam breaking, foam suppressing, and deaerating.
On the basis of Application, the market has been classified as automotive, construction, industrial, wood and furniture, consumer appliances, textiles, and others
Defoaming coating additives Market Competitive Landscape: –
Global Defoaming Coating Additives Market is a highly lucrative market driven by flourishing growth of the construction industry, along with the augmenting demand from the automobile industry. Ashland Inc. (U.S.), BASF SE (Germany), BYK Additives & Instruments (Germany), Elementis Plc (U.K.), Evonik Industries AG (Germany) among others are some of the major players operating in this market. Most of these market participants are adopting the expansion, product launch, and merger and acquisition tactics to strengthen their production capacities and market position. Taking account of these trends the Global Defoaming Coating Additives Market is projected to witness considerable competition over the forecast period of 2017-2023.
Asia pacific is expected to be the fastest growing region during the forecast years. The increasing Globalization and urbanization in the developing economies of the region has propelled the construction of residential and commercial infrastructure which is a dominant factor for the demand for defoaming coating additives in the region. Moreover, increasing population in India and China has brought about more government spending in infrastructural developments coupled with the growing automobile industry in the region is also expected to drive the market of Defoaming coating additives positively during the forecast years. Furthermore, the stringent government regulations along with the demand for low VOC emitting products is further anticipated to surge the growth of the market during the forecast years.
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Global Defoaming Coating Additives Market has been analyzed with respect to five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. The market in Asia-Pacific dominated the global market in 2017 due to widespread infrastructure development and construction resulting from rapid industrialization and urbanization. The growth of the consumer appliances market in countries such as India, China, and Japan is expected to fuel market growth in the region during the assessment period. Moreover, there is significant demand for Defoaming Coating Additives in the established textiles industry in the region.
The European market accounted for the second-largest share in 2017 due to the large-scale production and export of automotive parts by companies based in the region, especially in Western Europe. Moreover, the growing construction industry in the region is expected to propel market growth in the coming years.
The market in North America remains lucrative owing to the presence of major end-use industries such as automotive and construction in the region.
The Latin American market is projected to grow at a significant rate due to the demand from the automotive and construction industries in countries such as Argentina, Brazil, and Chile.
Lastly, the market in the Middle East & Africa is expected to showcase considerable growth owing to the infrastructural hub present in the region.
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