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According to a new report by EMR titled, ‘Global Defoamers Market Report and Forecast 2022-2027’, the market attained a value of about USD 6.5 billion in 2021. The global defoamers industry is further expected to grow at a CAGR of 4.20% between 2022 and 2027 to reach USD 8.3 billion by 2027.
The defoamers market is driven by the rising demand for antifoaming agents in the manufacturing of environment-friendly dyes and agrochemicals, and in sector like pulp and paper and water treatment, among others. The rising investments by the government in emerging economies to treat wastewater are likely to propel the demand for defoamers in the forecast period.
In October 2019, BASF SE (OTCMKTS: BASFY) announced the launch of new defoamer that will comply with major food contact regulations for adhesives, paper coating applications, and functional packaging. The product is a new white oil-based defoamer which is likely to demonstrate excellent and persistent defoaming efficiency and strong compatibility across acrylic PSA systems.
In terms of region, the Asia Pacific is likely to account for a significant share in the market owing to factors such as the growing expansion of the pulp and paper industry, and rapid urbanisation and industrialisation. The significant growth attained by the packaging industry in countries like India, China, and others is likely to propel the market growth of defoamers. The market in the region will further be aided by the increasing number of water treatment projects aimed towards achieving the sustainable development goals, as well as coping with the demand for water owing to the rising population.
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The major players in the global defoamers market are Bluestar Silicones France SA, BASF SE, Dow Corning Corporation, Nikon Corporation, and Air Products and Chemicals, Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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