Transparency Market Research has published a new research report titled “Defoamers Market - Global Industry Analysis, Size, Share, Growth, Trends 2023” to their report store.
Albany, NY -- (SBWIRE) -- 05/19/2017 -- Manufacturers of pulp and paper are extensively using defoamers in order to achieve efficient production and to reduce the unnecessary expenditure on operational costs and energy. The use of antifoaming agents helps in mitigating issues such as the formation of deposits, development of bacteria, and most importantly drainage problems, thereby reducing the damage to the machinery. Defoamers are primarily used in the manufacture of pulp and paper to improve the drainage of sulfite stock and kraft pulp stock in pulp mills. As the demand for paper continues to surge in the packaging and other industries it is expected to result in the growth of the defoamers market as well.
This 174 page report gives readers a comprehensive overview of the Defoamers Market. Browse through 22 data tables and 96 figures to unlock the hidden opportunities in this market.
Transparency Market Research states in its latest publication that the global defoamers market will be worth US$4.10 bn by 2023 climbing up from US$2.76 bn in 2014. The market is projected to expand at a CAGR of 4.5% between the forecast years of 2015 and 2023 in terms of revenue. This growth will also be supported by the increasing demand for defoamers in the water treatment industry as well. The demand for treat wastewater, including sludge, along with treating raw water to make compatible with regulatory reforms will have a positive impact on the global defoamers market in the near future.
The demand for defoamers has also grown to a sizeable extent in the food and beverages industry due to their increasing usage in the production of fried food items and other beverages. Their ability to improve the quality of food and beverages and increase their shelf-life has made defoamers a preferred additive in this industry.
India and China Steer Demand for Defoamers in Asia Pacific
Asia Pacific is expected to surpass the demand for defoamers in all other regions such as North America, Europe, and Latin America during in the forecast period. The demand and consumption of defoamers will be primarily driven by China as industries such as agricultural chemicals, pharmaceuticals, water treatment, and paints and coatings undergo an unprecedented rate of expansion. Asia Pacific is also leading the global market in terms of manufacturing defoamers as the regional vendors are catering to the global demand of defoamers.
Analysts predict that the Asia Pacific defoamers market will account for a share of 37.9% in the global market in terms of volume. India and China will remain at the forefront of this emergence as the countries are on the cusp of unprecedented industrial and financial progress.
Silicone-based Defoamers Gaining Demand in Oil and Gas Sector
The various products available in the global defoamers market are water-based defoamers, silicone-based defoamers, oil-based defoamers, and others such as PO-based defoamers and EO. Out of these, the silicone-based defoamers will witness a strong demand as they are known to be heavy duty defoamers that are excellent for cracking down surface foam and releasing entrained air. Thus, they are extensively used in non-aqueous foaming systems such as crude oil and oil refining activities. The growing activities in the oil and gas sector are expected to have a direct impact on the demand for silicone-based defoamers in the near future. TMR projects that the silicone-based defoamers market will rise at a CAGR of 4.6% between 2015 and 2023.
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Some of the key players operating in the global defoamers market are Bluestar Silicones, Dow Corning Corporation, Air Products and Chemicals Inc., Ashland, Inc., Evonik Industries AG., and Kemira Oyj. These players are expected to stretch their operations through mergers and acquisitions in the coming years. Tapping into growing demand for defoamers in Asia Pacific as industries such as pharmaceuticals, water treatment, paints and coatings, and agricultural chemicals pick up pace, will enable the players to rise above the competitive in the highly fragmented market.