Defoaming Coating Additives Market

  April 2, 2020    |      Chemicals and Materials    |       525


New York City, NY, 02 April, 2020/ 24 Market Reports: It is estimated for the defoaming coating additives market to reach USD 1,034.2 Million by 2021, at a CAGR of 5.6% between 2016 and 2021. The growing automotive and construction industries are driving the growth of the market during the forecast period.

The growing commercial and residential construction in Asia-Pacific is driving the demand for coating additives

Owing to their ability to visually and chemically improve the performance of the coatings also acts as a driving factor for the defoaming coating additives market, the growth in application markets such as automotive, industrial, and architectural because the coating additives are extensively used. Architecture is the major application for defoaming coating additives. Owing to the need for better protection of buildings, the growing commercial and residential construction in Asia-Pacific is driving the demand for coating additives.

Water-based defoamer is the fastest-growing type segment of the defoaming coating additive market

Water-based defoamer is the fastest-growing type segment of the defoaming coating additive market. Water-based defoamers typically contain around 75-90% water. These defoamers are preferred by various end-user industries in comparison to oil-based defoamers (which mainly include mineral oil and vegetable oil) as they are free from hydrocarbon oils. Globally, silicone-based defoamers account for the highest consumption in the defoaming coating additives market as silicones have low surface and interfacial tensions which enable them to flow easily over the film.

Asia Pacific region to dominate the market during the forecast period

Asia Pacific region is leading the market as the growing demand and policies encouraging emission control and development of environment-friendly products have led to innovation and developments in the industry. Extensive growth and innovation, along with the industry consolidations are also the factors that are driving the growth of the market during the forecast period.

Major Industry outlook Of Defoaming Coating Additives Market

Get more information on this market

report title

Global Defoaming coating additives Market Report 2019 - Market Size, Share, Price, Trend and Forecast