07.01.19
According to a new market report from MarketsandMarkets, the defoamers market is projected to grow 3.8% a year to reach $6.60 billion by 2021. 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.
North America is the largest defoamer market, closely followed by Asia-Pacific, in terms of value. The rising demand from applications such as paints and coatings and pulp and paper in this region is driving the defoamer market.
More info: sales@marketsandmarkets.com
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.
North America is the largest defoamer market, closely followed by Asia-Pacific, in terms of value. The rising demand from applications such as paints and coatings and pulp and paper in this region is driving the defoamer market.
More info: sales@marketsandmarkets.com