Defoaming Coating Additives Market Share, Types, Region and Competition Analysis with Forecast to 2023
Defoaming Coating Additives Market: Information by Type (Silicone, Polymer, Mineral Oil, Vegetable Oil, Water-Based), Function (Foam Breaking, Foam Suppressing, Deaerating), Application(Automotive, Construction), and Region—Forecast till 2023
Synopsis
Foam is the dispersion of gas into liquid. The formation of foam during the production and processing of coatings, printing inks, and plastic materials is undesirable as it can cause pinholes, cratering, creation of scum, and defects in coatings, thereby lowering efficacy and quality. Defoaming coating additives, also called defoamers, are air-release agents that prevent the formation of and destroy foam bubbles. The addition of defoamers to paints improves adhesion, moisture resistance, and saltwater resistance.
Defoaming Coating Additives Market Value will cross USD 1 Billion Mark by 2023
The global defoaming coating additives market is primarily driven by the widespread use of such additives in major applications such as automotive, construction, industrial, wood and furniture, textiles, and consumer appliances. The high production and sales of automobiles across the globe are driving market growth. Defoamers improve the appearance of paints and offer wear resistance, reinforcement, and weight reduction of the automotive body.
Key Players Analysis
BASF SE, Dow Corning Corporation, Evonik Industries AG, Elementis Plc., Momentive Performance Materials Inc., BYK-Chemie GmbH, Allnex SA/NV, Arkema S.A., Ashland Inc. and Münzing Chemie GmbH. This report includes the product portfolios of the same.
Regions
APAC will be the largest market
APAC is expected to dominate the market with its largest market size for defoaming coating additives. The reason is attributed to the increased demand from construction as well as automotive sector. The emerging nations like China and India are seen as the lucrative land for automotive industry due to high demand for automobiles. Furthermore the infrastructure needs in the region further fuels the market for these resins. The regions are also the preferred options for Greenfield investment and industrial operations due to various government initiatives. This induces the demand for industrial coating additives in APAC.
It is followed by North America and Europe, where the markets have matured over the period of time and the consumption remains at steady rate. The regions are expected to show steady consumption from the automotive and architecture coating.
Segments
The report has analyzed the market based on the two segments: type and application in the regions of North America, Europe, APAC and rest of the world. On the basis of application, architecture has the largest market share both by value and volume. The share is attributed to the increased demand from emerging nations along with heavy investment in infrastructure in these countries.
The change in consumer preferences for greater aesthetic values in the offices and homes has further augmented the market for these additives. On the basis of type silicone-based additives lead the market with largest share due to its properties which prove to be better than water-based additives. On the basis of region, APAC leads the market with its largest market, followed by North America and Europe. The global defoaming coating additives market is expected to cross USD 1,100 million at the end of the forecasted period and is expected to grow at CAGR of approximately 6% from 2016 to 2022.
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Intended Audience
- Defoaming coating additives manufacturers
- Traders and distributors of defoaming coating additives
- Production process industries
- Potential investors
LIST OF FIGURES
FIGURE 1 Global Defoaming Coating Additives Market Segmentation
FIGURE 2 Forecast Research Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global Defoaming Coating Additives Market
FIGURE 4 Value Chain Of Global Defoaming Coating Additives Market
FIGURE 5 Share Of Global Defoaming Coating Additives Market In 2017, By Country (%)
FIGURE 6 Global Defoaming Coating Additives Market, 2016–2023,
FIGURE 7 Global Defoaming Coating Additives Market Size By Types, 2017
FIGURE 8 Share Of Global Defoaming Coating Additives Market, By Type, 2016–2023
FIGURE 9 Global Defoaming Coating Additives Market Size, By Function, 2017
FIGURE 10 Share Of Global Defoaming Coating Additives Market, By Function, 2016–2023
FIGURE 11 Global Defoaming Coating Additives Market Size, By ApplicationApplication, 2017
FIGURE 12 Share Of Global Defoaming Coating Additives Market, By ApplicationApplication, 2016–2023