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The global defoaming coating additives market stood at a value of around USD 1174.32 million in 2023. The market is further expected to grow at a CAGR of 5.80% in the forecast period of 2024-2032 to attain a value of USD 1950.56 million by 2032.
Based on type, the water based segment is predicted to possess a significant share of the defoaming coating additives industry. This can be attributed to the benefits offered by water based additives, including reduced volatile organic compound emissions, cost-effectiveness, and recyclability. In addition, the multifaceted usage of water based additives across industry verticals is projected to drive their demand. These factors are expected to drive the market growth in the forecast period.
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The Asia Pacific is predicted to possess a significant share of the defoaming coating additives industry in the forecast period. The market growth can be attributed to the rising investments in infrastructure development activities in the region as a result of the rapidly growing population and their subsequent demand for residential and commercial infrastructure. In addition, the rising focus of the governments to control emissions is leading to a rise in research and development activities in an endeavour to develop environmentally friendly coating solutions. These factors are anticipated to aid the regional market growth in the coming years.
Defoaming coating additives refer to chemical substances that are added to resins, lacquers, and paints to enhance their flow and prevent the pin-hole formation. These help reduce the formation of foams in such liquids. They also offer improved quality and enhanced productivity with improved gloss enhancement and stain resistance. These find increased usage in industry verticals such as construction, automotive, and industrial equipment, among others.
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By type, the market is divided into:
On the basis of application, the market can be segmented into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The rising urbanisation and heightened industrialisation are projected to drive the defoaming coating additive industry in the forecast period. This can be majorly associated with the heightened construction activities, owing to the rising global population and their subsequent residential requirements. Additionally, rising investments by the governments in the development of commercial and industrial infrastructure to aid the economic growth are also projected to bolster the market growth. Moreover, the growing demand for transportation is predicted to lead to an increased demand for defoaming coating additives in the automotive industry. These additives provide wear resistance, weight reduction, as well as a glossy finish to the product. Furthermore, rising investments by the key market players in the development of eco-friendly defoaming coating additives are also anticipated to bolster the market growth in the forecast period.
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The report gives a detailed analysis of the following key players in the global defoaming coating additives market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global defoaming coating additives market attained a value of nearly USD 1174.32 million.
The market is projected to grow at a CAGR of 5.80% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 1950.56 million by 2032.
The major drivers of the industry, such as the increased demand in the automotive and construction industries, rising global population, and growing investments by the market players in the research and development activities, are expected to aid the industry growth.
The key market trends guiding the growth of the industry include the rapid urbanisation and industrialisation.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The different types of defoaming coating additives include mineral oil based, vegetable oil based, water based, silicone based, polymer based, and others.
The significant applications include architectural, industrial, wood and furniture, automotive, pharmaceutical, and others.
The major players in the industry are BASF SE, Elementis PLC, Evonik Industries AG, BYK-Chemie GmbH, MÜNZING Corporation, Dow Chemical Company, and others.
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+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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