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Defoamers Market size estimated at USD 2.9 billion in 2015 and will grow at a CAGR of more than 4% from 2016 to 2024. Growing product usage in the paper & pulp industry is likely to drive the product demand in the study period.
Defoamers are extensively utilized during production of paper & pulp. These products help in reducing the generation of foam quantity during paper & pulp making. Growing demand for paper & pulp primarily in packaging sector will augment the defoamers market growth in the next few years. Increasing paper-based product usage in the flexible packaging industry due to significant growth of e-commerce sector.
Increasing concerns over industrial wastewater across the world is likely to enhance the market demand in the coming years. Stringent government regulations related to disposal of industrial wastewater has led to increase in consumption of treatment chemicals in the water treatment industry. Rising product usage in industrial water purification is likely to drive the defoamers market share in next few years.
Another key growth enabling factor for the defoamers market is rising demand for paints & coatings products in automotive and construction sector. Rising number of vehicle production in major countries including China, India, Mexico, the U.S., etc. are likely to drive the automotive industry growth in next few years. Further, rising urbanization and population across the world has led to increase in the construction of residential buildings in the emerging economies. Increasing construction and automotive industry in emerging countries will drive the paints & coatings demand.
The key restraint to the market growth is regulations related to permitted quantities of defoamers in various end-use industries. Various government agencies including US FDA, Code of Federal Regulations (CFR), European Environmental Agency (EEA), etc. have provided regulations over the usage of the product, which may slow down the defoamers market in the next few years.
Report Attribute | Details |
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Base Year: | 2015 |
Defoamers Market Size in 2015: | 2.9 Billion (USD) |
Forecast Period: | 2016 to 2024 |
Forecast Period 2016 to 2024 CAGR: | 4% |
2024 Value Projection: | 4.3 Billion (USD) |
Historical Data for: | 2013 to 2015 |
No. of Pages: | 127 |
Tables, Charts & Figures: | 161 |
Segments covered: | Product, Application and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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According to products, the global market is categorized into oil-based, water-based, silicone-based and other products. Water-based defoamers are likely to hold around 19% share of the overall defoamers market in the study period. These products have negligible adverse impact on environment compared to other product types. Silicone based products are likely to grow at more than 4% rate throughout the study period due to their growing usage in paper & pulp sector. The product possesses key characteristics such as better washing performance and low deposits.
The main application segment in global market are paints & coatings, water treatment, food & beverages, pulp & paper and others. The other applications segment consists of pharmaceuticals, mining, printing, agrochemicals, etc. Pulp and paper application segment is likely to hold around 30% share of the overall industry in the study period. Rising paper-based product usage in the packaging industry will be responsible for the segment’s growth in the next few years. Paints & coatings industry will grow at more than 4% rate in the coming years, this is due to growth in the construction and automotive industry across the globe.
Asia Pacific held around 35% of the share owing to rising product consumption in India and China. Increasing product demand from the pulp & packaging sector is key reason behind the region’s growth. Growing agrochemicals demand will further enhance the defoamers market sales in the coming years.
Another key region in the market is Europe which is likely to grow by a CAGR of 4% over the study period. This is due to rising usage of water treatment chemicals in the region. Government regulations towards disposal of industrial wastewater will augment the defoamers demand in the next few years.
Key players in the defoamers industry include
The market is fragmented with top six players accounting for around one fourth share of the overall industry. The key industry participants are large chemical manufacturers, having a long-term experience and technologically advanced facilities to manufacture the defoamers.
These products are extensively used to remove foam generated in variety of production processes. Foams are undesirable in the manufacturing process and needs to be removed to achieve smooth operation. In paper and pulp industry, these products are utilized to clean and remove surface foam during production stage. Water treatment industry will also positively affect the product demand due to growing treatment chemicals usage in the end-user industry. Rising Asia Pacific pulp & paper industry is likely to boost market demand in the next few years.
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