Defoamers Market Size to Reach US$ 11,630.7 Million in 2030 Growing at a CAGR of 5.4%, According to R&I
Global “Defoamers Market”, By Product Type (Water-Based Antifoaming Agent, Oil-Based Antifoaming Agent, Silicone–Based Antifoaming Agent, and Others), By Medium of Dispersion (Aqueous Systems & Non-Aqueous/ Solvent), By Application (Pulp & Paper Mill, Wastewater Treatment [Pulp & Paper wastewater, Municipal (city) waste water treatment, Other Industrial waste water treatment], Mining [Gold, Copper, Phosphate], Food & Beverages, Oil & Gas [Drilling, Fracking, & Refining], and Paints & Coatings) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2022 and 2030.
The defoamers market is estimated to reach at a value of US$ 6,781.9 Mn by the end of 2022 and expected to reach at a value of US$ 11,630.7 Mn by 2028 with a significant CAGR of 5.4%. In 2021, Asia Pacific region is estimated to account for about two fifth of the global market share which is higher than any other regions
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A defoamer, also used interchangeably with anti-foaming agents, is a chemical additive which reduces and hinders the formation of foam formation in an industrial liquid processing. Anti-foaming agents and defoamers are quite different from each other, antifoaming agents hinders the formation of foams while defoamers eliminate the produced foam in a liquid stream.
Growing demand for wastewater treatment to bolster the growth of the market
Growing requirements for the removal of hazardous by products like dibenzodioxin, dibenzofurans, which are produced due to the use of certain types of defoaming agents during wastewater treatment is rising. Defoamers does not lead to production of such hazardous compounds and do not add BOD in the water streams. Thus, defoamers provides a safer and more cost-efficient alternative for water treatment. This is expected to promote the growth of the defoamers market size.
Moreover, growing demand for reuse of wastewater in the irrigation and recreation purposes and in industrial applications are some other factors which are fuelling the growth of the demand for water treatment chemicals all over the globe. Besides, increasing aids to several companies and water quality associations to carry out research and development activities to enhance the efficiency of water treatment chemicals which is anticipated to bolster the sales outlook of defoamers in the wastewater treatment sectors.
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Treated Water growing demand to bolster the consumption of Defoamers
The demand for treated water is on the rise due to increasing disposable income all over the globe. With the growth in the population the requirement for water for several applications also is increasing. This is expected to be a significant growth factor to drive the market of defoamers, which is used in substantial amount for water treatment.
The impact of several industries in water usage in a macro view, has blatantly unveiled the rising issue of water discharged from the industrial processed directly affecting natural water resources. Pollutants ranging from heavy metals to persistent organic matter have made countries alert about their effects. This has resulted in high investment in reducing the environmental and human impact from discharged water.
Defoamers are effective and act as biocides that kills microbes in the water. Thus, the growing awareness regarding the usage of treated water worldwide is expected to boost demand from the global defoamers market research.
Some of the key questions answered in this report:
- Which are the five top players of the Defoamers Market?
- How will the Defoamers Market change in the upcoming years?
- Which product and application will take a share of the Defoamers Market?
- What are the drivers and restraints of the Defoamers Market?
- Which regional market will show the highest growth?
- What will be the CAGR and size of the Defoamers Market throughout the forecast period?
- What is the current market size, what will the market size be in 2030 and what will the growth rate be?
- What are the challenges to grow in the market?
- What are the market opportunities and challenges faced by the key vendors?
- Who are the major competitors and what is their strategy?
- What are the barriers to entry for new players in the market?
Reports and Insights Study identifies some the prominent players in the market of defoamers includes BASF, Kemira, Evonik, Shin Etsu, Wacker Chemie, Ashland Inc. and Dow Inc. and others. The key players are focusing on enhancing their market footprint to dominate over the market. They are also investing a fair share of their annual turnover in research and development to cater the growing demand from the end use industries.
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