Global Antifoaming Agents Industry

Global Antifoaming Agents Industry

  • April 2021 •
  • 288 pages •
  • Report ID: 6030702 •
  • Format: PDF
Abstract:
- Global Antifoaming Agents Market to Reach $8 Billion by 2027
- Amid the COVID-19 crisis, the global market for Antifoaming Agents estimated at US$6.1 Billion in the year 2020, is projected to reach a revised size of US$8 Billion by 2027, growing at a CAGR of 3.8% over the analysis period 2020-2027. Silicone-based, one of the segments analyzed in the report, is projected to record a 3.8% CAGR and reach US$3.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Water-based segment is readjusted to a revised 3.4% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $1.7 Billion, While China is Forecast to Grow at 6.1% CAGR
- The Antifoaming Agents market in the U.S. is estimated at US$1.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2027 trailing a CAGR of 6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.2% and 3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.
- Oil-based Segment to Record 4.2% CAGR
- In the global Oil-based segment, USA, Canada, Japan, China and Europe will drive the 4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.1 Billion in the year 2020 will reach a projected size of US$1.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1 Billion by the year 2027, while Latin America will expand at a 4.5% CAGR through the analysis period.

- Select Competitors (Total 45 Featured) -
  • Ashland Inc.
  • BASF SE
  • Beumer Group
  • Clariant AG
  • Daifuku Co. Ltd.
  • Dow Corning Corporation
  • Ecolab Inc.
  • Elementis PLC
  • Evonik Industries AG
  • Fives Group
  • G&S Airport Conveyor
  • Glidepath Group
  • Grenzebach Group
  • Kemira Oyj
  • Logplan LLC
  • Pteris Global Limited
  • Shin-Etsu Chemical Company Ltd.
  • Siemens AG
  • Vanderlande Industries B.V.
  • Wacker Chemie AG