According to the latest report by IMARC Group, titled “Defoaming Coating Additives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global defoaming coating additives market size. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global defoaming coating additives market is expected to exhibit a CAGR of 6.40% during 2022-2027.
Defoaming coating additives prevent the development of foam in resins, paints, ink, lacquers, and adhesives to ensure a finished look on the surface of the buildings. Due to their assistance in enhancing the adhesion and increasing resistance against salt water and moisture, they find extensive application in furniture, construction, and automotive industries. Some common coating additives include alcohols, silicon (Si), stearates, glycols, insoluble oils, and polydimethylsiloxanes (PDMS).
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Defoaming Coating Additives Market Trends and Drivers:
One of the primary factors driving the market is the rising infrastructure projects and the growing construction industry. Additionally, with the rising environmental concerns, there has been an increased usage of vegetable oils in formulating defoaming coating additives, which is escalating the product demand globally.
Besides this, the demand for these additives in the wood and furniture industries to produce wood paints and primers is creating a positive market outlook.
Furthermore, the escalating sales of automobiles, increasing need for architectural coatings, and the capability to spread rapidly on foamy surfaces and surface-active properties of defoaming coating additives are some of the other factors catalyzing the market growth.
Global Defoaming Coating Additives Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Air Products and Chemicals Inc., Altana AG, Arkema S.A., Ashland Global, BASF SE, Clariant AG, Dow Inc., Elementis PLC, Elkem ASA (China National Bluestar (Group) Co. Ltd.), Evonik Industries AG, Kemira Oyj, Momentive Performance Materials Inc., Solvay S.A. and Wacker Chemie AG.
The report has segmented the market on the basis of region, product type, function and end use industry.
Breakup by Product Type:
• Water-based Systems
• Solvent-based Systems
Breakup by Function:
• Foam Breaking
• Foam Suppressing
Breakup by End Use Industry:
• Building and Construction
• Wood and Furniture
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
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Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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Source: Financial Content