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    Breaking News

    Defoamers Market Worth $6.59 Billion by 2021

    In 2015, silicone-based defoamers captured the maximum share of the overall.

    Defoamers Market Worth $6.59 Billion by 2021
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    06.05.19
    A new report by MarketsandMarkets, “Defoamers Market by Type (Water Based, Oil Based, and Silicone Based), Application (Pulp & paper, Oil & Gas, Food & Beverage, Paints & Coatings, Detergents, Pharmaceutical, Textiles, and Water Treatment) – Global Forecast to 2021,” predicts that the defoamers market will reach $6.60 billion by 2021, at a CAGR of 3.8 percent from $5.48 billion in 2016.
     
    The defoamers market is segmented based on types, namely water-based, oil-based, and-silicone-based. In 2015, silicone-based captured the maximum share of the overall market and is expected to witness the second-highest growth rate during the forecast period. The demand of silicone-based is increasing because of its properties such as low surface tension, chemical inertness, thermal stability, and complete solubility in water.
     
    The defoamers market is also segmented based on applications. The major applications of the defoamer market are pulp & paper, oil & gas, paints & coatings, water treatment, pharmaceuticals, food & beverage, textile, and others. Pulp & paper is the leading application of the defoamer market due to its high demand for pulp & paper manufacturing.
     
    The defoamer market is broadly segmented into five regions, namely, North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. North America is the largest defoamer market, closely followed by Asia-Pacific, in terms of value. The rising demand from applications such as paints & coatings and pulp & paper in this region is driving the defoamer market.  
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      Breaking News
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