DUBLIN, June 20, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Antifoaming Agent Market by Type, Application & Region - Global Forecast to 2021" report to their offering.
The global market size of antifoaming agent is forecast to reach USD 6.59 billion by 2021. The growing manufacturing sector in all regions is expected to generate demand and drive the antifoaming agent market during the forecast period.
The pulp & paper application dominated the antifoaming agent market during the forecast period, closely followed by paints & coatings in 2015. Paints & coatings application is also expected to witness high growth rate between 2016 and 2021 due to the growing paints & coatings industry in North America, Europe, and Asia-Pacific, as a result increasing the demand for antifoaming agent in the respective regions. The growing manufacturing industry in the U.S., the Middle East, and Asia-Pacific countries such as China, Japan, and India is also driving the market.
The antifoaming agent market is classified based on type: water-based, oil-based, and silicone-based. The market is dominated by silicone-based due to their enhanced properties such as low surface tension, chemical inertness, thermal stability, and complete insolubility in water. The silicone-based segment is also projected to be the second fastest-growing type of antifoaming agent during the forecast period.
Currently, North America is the largest antifoaming market, in terms of value, closely followed by Asia-Pacific. Some of the factors driving the growth of the North American market are high growth of end-use industries, local manufacturing, and increased number of domestic players in various market segments.
Asia-Pacific is expected to be the fastest-growing antifoaming agent market due to high demand from pulp & paper and paints & coatings applications. The presence of major countries such as China, India, and Japan is also a major driver of the antifoaming agent market in the region.
- Air Products and Chemicals, Inc.
- Ashland Inc.
- DOW Corning Corporation
- Ecolab Inc. (Nalco)
- Elementis PLC
- Evonik Industries
- Kemira OYJ
- Shin-Etsu Chemical Company Ltd.
- Wacker Chemie AG
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Antifoaming Agent Market, By Type
8 Antifoaming Agent Market, By Application
9 Antifoaming Agent Market, By Region
10 Competitive Landscape
11 Company Profiles
For more information visit http://www.researchandmarkets.com/research/jdnntq/antifoaming_agent
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SOURCE Research and Markets