December 19, 2024 06:30 ET | Source: Future Market Insights Global and Consulting Pvt. Ltd. Future Market Insights Global and Consulting Pvt. Ltd.
NEWARK, Del, Dec. 19, 2024 (GLOBE NEWSWIRE) -- The global defoamers market is estimated to be valued at USD 1,396.5 million in 2023 and is poised to reach USD 2,077.3 million by 2033, advancing at a CAGR of 4.1% during the forecast period. industrial metalworking
Defoamers, also known as anti-foaming agents, play a crucial role in eliminating and preventing foam formation in industrial processes. Their utility spans across multiple industries, including water treatment, paper and pulp, food and beverages, and oil and gas. With heightened focus on operational efficiency and product quality, the adoption of defoamers has become indispensable. The growing awareness about environmental compliance and the development of eco-friendly formulations are further propelling the market forward.
The increasing emphasis on water treatment solutions to tackle global water scarcity is a key driver for the defoamers market. Additionally, rising investments in infrastructure and construction activities are boosting the consumption of paints and coatings, where defoamers are essential for maintaining product performance. The food and beverage sector’s demand for FDA-compliant defoamers is also contributing significantly to market expansion.
“The defoamers market continues to grow on the back of increasing demand from diverse end-use industries such as water treatment, paints and coatings, and food processing. Market players are focusing on developing sustainable and high-performance defoamers to align with stringent environmental regulations,” says Nikhil Kaitwade, Associate Vice President at Future Market Insights (FMI)
Regional Insights: Global Defoamers Market (2018–2033)
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Key Takeaways from Defoamers Market Study:
Exploring the Primary Opportunities for Defoamers Market Participants
Innovating the Future: Research and Development as a Key Competitive Strategy
R&D has emerged as a cornerstone for gaining a competitive edge in the defoamers market. Manufacturers are focusing on:
What are the Primary Opportunities for Market Participants?
With increasing demand for clean water to meet the need of the growing global population, the demand for defoamers is on the rise as it is cost-effective and could be used to treat large reservoirs of water to make it safe for reuse. Increasing number of industries and consequent issue of treating industrial wastewater discharge into natural water resources coupled with stringent policies by governments are key factors influencing market growth. This awareness has led to higher sales of defoamers due to their anti-microbial nature.
Ever-changing trends of the beauty/personal care industry and associated chemical processing requirements have led to an increase in demand for defoamers with their wide range of applications in toiletries, cosmetics, and hair care products.
Increasing investments in research and development and expansion of production facilities with new investments in the Asia pacific are aided by the benefits of low-cost labor and easy availability of raw materials. Applications in the food and beverage, paints and coatings, pulp and paper, and chemical sectors will create significant opportunities for emerging manufacturers.
Why Research and Development is a Key Competitive Strategy in the Defoamers Market?
Investment in research for the development of novel offerings plays a vital role in market growth. Key players in the market are investing in the diversification of their portfolio to meet industry-specific needs while decreasing process costs and environmental impact with minimal toxicity.
Furthermore, key players are focusing on increasing their production capacities to meet global demand while consuming lesser energy and minimizing carbon emissions without compromising on product quality.
Competitive Landscape in the Defoamers Market
The defoamers market is characterized by intense competition, with key players focusing on product innovation, strategic collaborations, and regional expansion. Prominent companies include BASF SE, Dow Chemical Company, Evonik Industries, Kemira Oyj, Buckman, Air Products and Chemicals Inc., Accepta, Ecolab Inc. (Nalco), Ashland Inc., Synalloy Chemicals, Blackburn Chemicals Limited, Elementis PLC, Bluestar Silicones France SA, Clariant Chemicals Company, KCC Basildon, Royal DSM N.V, Shin-Etsu, ADEKA Corporation, Wacker Chemie AG, Tiny ChemPro, Elkem Silicones ASA, Teijin Ltd.
How Can Defoamers Manufacturers Expand in the Market?
Old Source: Defoamers Market to Exceed Revenue of USD 2,077.3 million by 2033 Owing to their Growth in End-Use Industries: Report by Future Market Insights, Inc. | 2023 to 2033
The global antifoam market is estimated to reach USD 1,396.5 million in 2023 and is expected to reach USD 2,077.3 million by 2033, growing at a CAGR of 4.1% during the forecast period.
Antifoams, also called defoaming agents, play a crucial role in eliminating and preventing foam formation in industrial processes. Their utility extends to many industries, including water treatment, paper and pulp, food and beverage, and oil and gas. With the increased focus on operational efficiency and product quality, the adoption of defoamers has become essential. Growing awareness about eco-friendliness and development of eco-friendly formulations are further propelling the market forward.
The growing emphasis on water treatment solutions to address global water shortage is a key factor for the antifoam market. Additionally, increased investments in infrastructure and construction activities are driving the consumption of paints and coatings, for which defoamers are essential to maintaining product performance. Demand from the food and beverage industry for FDA-compliant antifoams is also significantly contributing to the market expansion.
“The defoamers market continues to grow due to increasing demand from various end-use industries such as water treatment, paints and coatings, and food processing. Market players are focusing on developing durable and high-performance defoamers to comply with stringent environmental regulations,” says Nikhil Kaitwade, Associate Vice President at Future Market Insights (FMI)
Key Takeaways from Antifoam Market Research:
Exploring Key Opportunities for Antifoam Market Players
Innovating for the future: research and development as a key competitive strategy
Research and development has become the cornerstone of gaining a competitive advantage in the antifoam market. Manufacturers focus on:
Competitive Landscape in Antifoam Market
The defoamers market is characterized by intense competition, with key players focusing on product innovation, strategic collaborations, and regional expansion. Prominent companies include BASF SE, Dow Chemical Company, Evonik Industries, Kemira Oyj, Buckman, Air Products and Chemicals Inc., Accepta, Ecolab Inc. (Nalco), Ashland Inc., Synalloy Chemicals, Blackburn Chemicals Limited, Elementis PLC, Bluestar Silicones France SA, Clariant Chemicals Company, KCC Basildon, Royal DSM NV, Shin-Etsu, ADEKA Corporation, Wacker Chemie AG, Tiny ChemPro, Elkem Silicones ASA, Teijin Ltd.
How can defoamer manufacturers grow in the market?
Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.
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