“Global Defoamers Market to reach a market value of USD 4.4 Billion by 2030 growing at a CAGR of 4.8%”
The Global Defoamers Market size is expected to reach $4.4 billion by 2030, rising at a market growth of 4.8% CAGR during the forecast period. In the year 2022, the market attained a volume of 1,742.22 kilo tonnes, experiencing a growth of 4.0% (2019-2022).
Defoamers help maintain the efficiency and reliability of agricultural spraying equipment by preventing foam buildup and ensuring continuous and uniform application of agrochemicals across fields. Therefore, the agriculture segment captured 09.16% revenue share in market 2022. Improved application efficiency translates to better pest and weed control, increased crop yields, and enhanced agricultural productivity.
The increase in construction activities provides a growth environment for the defoamers market. For example, as per the data from Statistics Canada, investment in building construction rose 1.7% to $19.8 billion in November 2023. The residential sector grew 2.2% to $13.7 billion, while non-residential sector investment increased 0.4% to $6.0 billion. Similarly, the rising construction sector in Nigeria drives the demand for defoamers as essential additives in construction materials and processes.
Additionally, according to the International Trade Administration (ITA), Nigeria's construction industry grew by 5.7% in 2022 and an average of 3.2% between 2022 and 2026. Therefore, the construction industry's expansion is propelling the market's growth.
However, developing specialized defoamer formulations tailored to specific applications or industries requires substantial investment in research and development (R&D). Defoamer manufacturers must allocate resources to conduct extensive testing, formulation optimization, and performance evaluations to ensure that the specialized formulations meet the target application's unique requirements and performance criteria. In conclusion, the high cost of specialized formulations is hindering market growth.
On the basis of application, the defoamers market is segmented into paints, coatings, & inks, adhesives & sealants, personal care & cosmetics, agriculture, food & beverages, household & industrial/institutional cleaning, water treatment, pulp & paper, and others. The pulp and paper segment recorded 26.06% revenue share in the defoamers market in 2022. Pulp and paper production processes involve numerous stages where foam can be generated, such as pulping, bleaching, washing, and paper machine operations. Foam can hinder the efficiency of these processes, leading to equipment downtime, decreased production rates, and compromised product quality.
Based on product, the defoamers market is divided into water-based, oil-based, silicone-based, and others. The water-based segment attained 27.63% revenue share in 2022. Water-based defoamers find applications across various industries. They offer versatile foam control solutions for various aqueous systems and process conditions, making them suitable for diverse industrial applications.
Free Valuable Insights: Global Defoamers Market size to reach USD 4.4 Billion by 2030
Region-wise, the defoamers market is analyzed across North America, Europe, Asia Pacific, and LAMEA. There is a growing emphasis on sustainability and environmentally friendly practices in North America. In 2022, the North America region generated 24.61% revenue share in the defoamers market. Defoamer manufacturers are developing eco-friendly formulations that meet the demand for sustainable solutions in industrial processes. Green defoamers, which are biodegradable and environmentally safe, are gaining popularity in the region.
Report Attribute | Details |
---|---|
Market size value in 2022 | USD 3 Billion |
Market size forecast in 2030 | USD 4.4 Billion |
Base Year | 2022 |
Historical Period | 2019 to 2021 |
Forecast Period | 2023 to 2030 |
Revenue Growth Rate | CAGR of 4.8% from 2023 to 2030 |
Quantitative Data | Volume in Kilo Tonnes, Revenue in USD Million, and CAGR from 2019 to 2030 |
Number of Pages | 336 |
Number of Tables | 650 |
Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives |
Segments covered | Product, Application, Region |
Country scope |
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Companies Included | Kemira Oyj, Air Products and Chemicals, Inc., Ashland Inc., The Dow Chemical Company, Evonik Industries AG (RAG-Stiftung), Wacker Chemie AG, BASF SE, Elementis PLC, Clariant AG, Eastman Chemical Company |
By Product (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Geography (Volume, Kilo Tonnes, USD Billion, 2019-2030)
This Market size is expected to reach $4.4 billion by 2030.
High foam generation in industrial processes are driving the Market in coming years, however, High cost of specialized defoam formulations restraints the growth of the Market.
Kemira Oyj, Air Products and Chemicals, Inc., Ashland Inc., The Dow Chemical Company, Evonik Industries AG (RAG-Stiftung), Wacker Chemie AG, BASF SE, Elementis PLC, Clariant AG, Eastman Chemical Company
In the year 2022, the market attained a volume of 1,742.22 kilo tonnes, experiencing a growth of 4.0% (2019-2022).
The Silicone-based segment is leading the Market by Product in 2022; there by, achieving a market value of $1.6 billion by 2030.
The Asia Pacific region dominated the Market by Region in 2022, and would continue to be a dominant market till 2030; there by, achieving a market value of $1.7 billion by 2030.
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