Anti-foaming Agents Market is valued around USD 5.81 Billion in 2019 and expected to reach USD 8.59 Billion by 2030 with the CAGR of 3.50% over the forecast period.
Anti-foaming Agents are the materials which are used to prevent foam or remove foam in various industrial processes such as manufacturing, processing and others. The formation of foam can affects the production and delays the entire process. Apart from affecting the production process it can also affect the environment as well as the entire product which is under manufacturing. Generally, biochemical such as protein are used as additive which works and antifoaming agents in various industrial process.
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Global Anti-foaming Agents Market report is segmented on the basis of type, application and by regional. Based upon type, the anti-foaming agents market is fragmented into water-based antifoaming agent, silicone–based antifoaming agent, oil-based antifoaming agent, and other. On the basis of application, the market is categorized into pulp & paper, pharmaceutical, oil & gas, paints & coatings, textiles and others. The regional bifurcation of countries includes North America, Europe, Asia-Pacific, and RoW which are further segmented into major countries such as U.S., UK, France, and others.
The anti-foaming agents market is mainly driven by the constant rising demand from various and users owing to wide applications in chemical industry. There has been constant growth in the demand of antifoaming agents from the developing economies accompanied by various advancements in the market. In addition, increased demand of foam elimination in various industries supported by stringent government policies with regards to the emission of VOC are also expected to enhance the market growth. On the other hand development of paper & pulp industry along with the rising industrialization in the developing economies is also expected to promote the market growth. However, lack of awareness about anti-foaming agents is likely to impede the market growth in near future.
The developed regions such as North America and Europe are expected to hold the major market share owing to the presence of developed industries accompanied by high awareness along with the stringent government polices with regards to the emission. Moreover, presence of advanced technology along with the surge in industrial use owing to fast growing product demands owing to large population base. Asia Pacific is expected to dominate the anti-foaming agents market in terms of growth rate owing to the rapid industrialization along with wide applications in the chemical industry. Furthermore, fast evolving chemical industry supported by the low labor cost as well as developing economies are expected to drive the market growth.
The major market players profiled in the anti-foaming agents market includes Dow Corning Corporation, Clariant AG, Ecolab Inc., KemiraOyj, Elementis PLC, Evonik Industries AG, BASF SE, Ashland Inc., Shin-Etsu Chemical Company Ltd., and WackerChemie AG among others.