Antifoaming Agent Market worth 6.59 Billion USD by 2021

[154 Pages] Antifoaming Agent Market by Application (Paints & coatings, Pulp & paper, Oil & gas, Food & beverage and Water Treatment), by Type (Silicone based, Water based, and Oil Based) & by Geography.

(EMAILWIRE.COM, December 07, 2018 ) According to the new market research report “Antifoaming Agent Market by Type (Water Based, Oil Based, and Silicone Based), and Application (Pulp & Paper, Oil & Gas, Food & Beverage, Paints & Coatings and Water Treatment) - Global Trends & Forecasts to 2021”, published by MarketsandMarkets™, the global market size of antifoaming agent was USD 5.29 Billion in 2015, which is projected to reach USD 6.59 Billion by 2021, at a CAGR of 3.8% between 2016 and 2021.

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The growing manufacturing industry and increasing demand from applications are expected to drive the antifoaming agent market during the forecast period.

Silicone-based captures the largest share of the antifoaming agent market

The antifoaming agent 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.

Browse and in-depth TOC on “Antifoaming Agent Market”
81 - Tables
70 - Figures
170 - Pages

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Growing demand from pulp & paper application to drive the antifoaming agent market

The antifoaming agent market is also segmented based on applications. The major applications of the antifoaming agent market are pulp & paper, oil & gas, paints & coatings, water treatment, pharmaceuticals, food & beverage, textile, and others. Pulp & paper is the leading application of the antifoaming agent market due to its high demand for pulp & paper manufacturing.

North America the largest antifoaming agent market

The antifoaming agent 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 antifoaming agent 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 antifoaming agent market.

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Currently, 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 antifoaming agent market.

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