Defoamers Market - Forecast (2024-2030)

Defoamers Market - Forecast (2024-2030)

Defoamer Market size is forecast to reach $10.13 billion by 2030 after growing at a CAGR of 4.1% during 2024-2030.

Defoamer is chemical additive that reduces the formation of foam in industrial process liquids. The growth of the market of Defoamer is expected to be driven by the high demand from the food and beverages industry. A prominent trend in the Defoamer market is the increasing demand for sustainable solutions. As industries prioritize environmental consciousness, there's a growing interest in Defoamers derived from eco-friendly sources. Biodegradable and renewable Defoamers, often plant-based, are gaining traction. Manufacturers are investing in research to develop formulations that provide effective foam control while aligning with sustainability goals, catering to environmentally conscious industries like food and beverage, pharmaceuticals, and wastewater treatment. Another trend involves technological advancements for precise foam control. Industries such as manufacturing, oil and gas, and chemical processing are seeking Defoamers with improved efficiency and application precision. Innovations include the development of smart or responsive antifoaming solutions that can adapt to varying foam challenges dynamically. Nanotechnology is being explored to enhance the efficiency of Defoamers. Nano-sized particles can offer improved dispersion and coverage, leading to enhanced foam control. This trend involves the development of nanomaterial-based Defoamers with higher surface area and reactivity. The incorporation of nanotechnology also contributes to reducing the overall dosage of Defoamers required for effective foam suppression. The use of Defoamers is expanding beyond traditional industries. There is a growing demand for these agents in cosmetic and personal care product formulations where controlling foam is crucial for product stability and quality. As consumers become more discerning about the ingredients in personal care items, the market for Defoamers in this sector is experiencing growth.

Request PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart)

Market Snapshot :

Defoamer Market Report Coverage

The report: “Defoamer Market -Forecast (2024-2030)”, by IndustryARC, covers an in-depth analysis of the following segments of Defoamer industry.

By Type: Water Based, Oil Based, Silicone Based, Alkyd Based, Polymer Based and Others? By Application: Adhesives, Coatings, Detergents, Wood Pulp, Food Processing, Wastewater Treatment and Others.? By End Use: Oil and gas, Paint and coatings, Food and Beverages, Pharmaceuticals, Textile, Pulp and Paper, Industrial and Others.? Geography: North America, South America, Europe, APAC, and RoW.

Key Takeaways

  • APAC dominates the Defoamer owing to increasing demand from Oil and gas sector.
  • Continues expanding application of Defoamer will drive the growth of the market in the forecast period.
  • The formation of foam in industrial process liquids as it has an affinity to the air-liquid surface will hinder the growth of the market in the forecast period.

For more details on this report - Request for Sample

Defoamer Market Segment Analysis - By Type

Silicone based Defoamers held the largest share in the Defoamers market in 2023. Silicone based Defoamers have properties such as low surface tension, chemical inertness, thermal stability, and complete solubility in water. These Defoamers have heavy duty type and are suitable for neutralizing surface foam and to release the entrained air in non-aqueous foaming applications. Hence, they have been finding preferential application in crude oil refineries. Silicone based Defoamers contain less volatile organic compound due to the environmental regulation passed by the North America and Europe government. This Defoamers are high in demand as compared to other chemicals due to its optimal reactivity with process ingredients and long operation life. This factor will drive the growth of market of silicone based Defoamers in the forecast period.?

Defoamer Market Segment Analysis - By Application

Food Processing held the largest share in the Defoamers market in 2023. Food grade Defoamers are used to reduce and prevent foam formation. Foam is a byproduct formed during processing of food. It is also used in the fermentation process in breweries to drain out the foam and offer optimize efficiency. The food processing industry is a mature sector that is undergoing a tumultuous phase due to rising global demands for food safety, increasing food insecurity and increasing customer demand for higher quality and sustainability. Today's food supply chain is more globalized, longer and more dynamic than ever before. With increasing imports and exports, processed foods rely on longer supply chains, which pose a major challenge to ensuring food safety.

Defoamer Market Segment Analysis - By End Use

Pharmaceuticals sector held the largest share in the Defoamers market in 2023 with a share of 7.3%. Defoamer are used for pharmaceutic fermentation in antibiotics and enzymes. Among these the growing and aging population, rising prevalence of chronic diseases are major drivers in the growth of pharmaceutical sector globally. In the United States, overall spending growth in pharmaceutical is driven by a range of factors including new product uptake and brand pricing, while it is offset by patent expiries and generics. Pharmaceutical spending in China reached $7.1 billion in 2023. These factors will drive the growth of the market of pharmaceuticals in the forecast period.

The 2019–2020 coronavirus pandemic has had far-reaching consequences beyond the spread of the disease and efforts to quarantine it. As the pandemic has spread around the globe, concerns have shifted from supply-side manufacturing issues to decreased business. The current epidemic outbreak has deeply influenced consumers' daily life and in addition to the impact on pharmaceutical sector. About 90% of the needs of antibiotic makers in globally is fulfilled by China. Raw materials from China are used in making antibiotics, paracetamol, and diabetes and cardiovascular drugs, among others are not exported. This factor will hinder the growth of market for this year. But after the situation became normal it will grow at a steady rate in the forecast period.

Defoamer Market Segment Analysis - By Geography

APAC dominates the Defoamers market with a share of 48% followed by North America and Europe. The economy of APAC is mainly influenced by the economic dynamics of countries such as China and India, but with growing foreign direct investment for economic development of South East Asia, the current scenario is changing. Countries in South East Asia are witnessing high growth the oil and gas sector. Defoamer are used in crude oil refinery as it helps in reducing frothy crude oil production by eliminating foam from tanks or gas scrubbers. The oil and gas sector plays a major role in influencing decision making for all the other important sections of the economy. According to the trade map the total export of light crude oil globally in the year 2023 was 102.2 mb/d. This factor will drive the growth of the market of oil and gas sector in the forecast period.

Get this Report on discount of $1000 on purchase of Credit Card

Defoamer Market Drivers

High demand of crude oil across the world will drive the growth in the forecast period

High demand of crude oil across the world is expected to drive the global Defoamer’s market growth. However, other non-renewable energy resources are not capable of fulfilling the growing demand. Oil and gas is one of the largest energy resources in the world; hence, it becomes essential to use and distribute crude oil in the productive and efficient way. This factor will drive the growth of market in the forecast period.

Rise in the Paint and coatings sector will drive the growth of market in the forecast period

The coatings industry is one of the most heavily regulated industries in the world, so producers have been forced to adopt low-solvent and solvent less technologies in the past 40 years, and will continue to do so. The number of coatings producers is large, but most are regional producers. This factor will drive the growth of market in the forecast period.

Defoamer Market Restriction

Hike in the crude prices will hamper the growth of the market in the forecast period Tremendous hike in the crude prices and global recession will hinder the growth of the market. This was on the back of a deepening slowdown in the world economy as the outbreak of novel coronavirus has spread across the globe and a price war between major oil producing countries like Saudi Arabia, Iran and Russia. These factor will hinder the growth of the market in the forecast period.

Defoamer Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Defoamers market. Major players in the Defoamers market are BASF, Evonik Industries, Air Products and Chemicals, Inc., Wacker Chemie AG, DOW Corning Corporation, and Others.

Acquisitions/Technology Launches/ Product Launches

  • In Oct 2023, Evonik Launches New Defoamer that Combines the Best Properties of Silicone and Bio-Based Materials. The new product is targeted at water-based ink and coating applications, uses a unique new mixing technology, contains more than 50% bio-based materials in the solid content, and complies with multiple food contact regulations.
  • In May 2023, Jio-bp launches new diesel that offers saving of Rs 1.1 lakh per truck annually. It is designed to work across a range of commercial vehicles, and with ongoing use it offers a variety of benefits to drivers and fleet owners. It contains an anti-foam agent that helps deliver cleaner, faster, and safer refuelling, so trucks can spend more time on the road and less time at the pump.

About IndustryARC?:

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals.

Contact Us: https://tinyurl.com/ru7ha6b5

Website URL: https://www.industryarc.com/

要查看或添加评论,请登录

Ananya nani的更多文章

社区洞察

其他会员也浏览了