According to the latest market research study by Technavio, the global defoaming coating additives market is expected to grow at a CAGR of close to 6% during the forecast period 2017 to 2021.
This report by Technavio provides an in-depth analysis of the global defoaming coating additives market regarding revenue and emerging market trends. The report also includes a competitive vendor analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the application
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The top three revenue contributing application segments are discussed below
Global defoaming coating additives market for architectural applications: Defoaming coating additives have negligible sludge residue, low VOC emission, and are devoid of noxious odors. The growing construction industry globally is driving the demand for anti-foaming agent in architect apps.
“The demand for defoamers in architectural applications is expected to rise owing to the enhanced properties of antifoam such as effective filling capacity, ecolabel compliance, and reduced production times. Moreover, defoaming coating additives improve appearance and performance of architectural coatings at a low cost,” says Ajay Adikari, a lead analyst at Technavio for research on additives, adhesives, and sealants.
Global defoaming coating additives market for industrial applications: In industrial applications, water-based defoamers improve storage conditions and distress materials. Moreover, due to improved end-product performance and low VOC (volatile organic compound) content, the demand for defoaming coating additives is rising in industrial applications.
Global defoaming coating additives market for wood and furniture applications: Wood topcoats need high-quality finish such as good leveling, scratch resistance, surface slip property, and surface evenness. Under such situations, the application of defoaming agent in wood coatings becomes crucial as they block up the pores, eliminate the possibility of foam formation.
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The top vendors operating in the global defoaming coating additives market are:
- BASF
- Dow Corning
- Elementis
- ALTANA
- Ashland
The other prominent vendors in the market include Allnex Belgium, Arkema, Evonik, Momentive, MÜNZING, and Wacker Chemie.
A more detailed analysis is available in the Technavio market research report titled, ‘Global Defoaming Coating Additives Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
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