Global Antifoaming Agent Market is Anticipated to Witness High Growth
Global Antifoaming Agent Market is Anticipated to Witness High Growth
The Global antifoaming agent market is estimated to be valued at US$ 8.28 Bn in 2024 and is expected to exhibit a CAGR of 4.5% over the forecast period 2024 to 2031.

The global antifoaming agent market mainly comprises silicone-based, oil-based, water-based, and others types of antifoaming agents that are used to control and reduce foam formation in various industrial processes. Antifoaming agents find wide applications in water treatment, food & beverages, paints & coatings, oil & gas, and pharmaceutical industry amongst others. They are added to industrial liquids and gases to prevent unwanted foams during processing and manufacturing. The rising environmental regulations and increasing demand from food & beverages industry has propelled the growth of the antifoaming agent market.

Key Takeaways

Key players operating in the Global Antifoaming Agent market are BASF, Evonik Industries, Air Products and Chemicals, Inc., Wacker Chemie AG, DOW Corning Corporation, Mohini Organics Pvt. Ltd, Harmony Additives Pvt Ltd., Vizag chemical, Dadia Chemicals, Sri Saibaba Chemical Industries, CDH Fine Chemicals, Kemira, Ashland, Sinograce Chemical Company, Clariant AG. BASF is one of the leading players in the market and offers wide range of silicone and non-silicone based antifoaming agents.

The key opportunities in the Antifoaming Agent Market Demand include growing demand from emerging economies due to rapid industrialization and urbanization. Asia Pacific region offers high growth potential owing to increasing manufacturing activities in water treatment, food processing, and paints & coatings industries in China, India, Indonesia, and other developing Asian countries.

Major players are focused on global expansion strategies by establishing manufacturing facilities in high growth regions. For instance, Evonik Industries has strengthened its position in the Asia Pacific region by expanding its production capacity of silicone antifoaming agents in China and India.

Market drivers:

The major driver for antifoaming agent market is the growing demand from water treatment industry. Strict wastewater quality regulations are driving the use of various foaming control agents including defoamers, antifoams, and defoaming coatings.

Market restraints:

Strict regulatory policies regarding the use of silicone and oil based antifoaming agents could hinder the market growth. Many countries have restricted the use of silicone defoamers owing to their toxic nature and non-biodegradable properties. High price of specialty antifoaming agents is also a major challenge for market players.

Segment Analysis

The global antifoaming agent market is dominated by oil & refining subsegment. Oil & refining accounts for over 30% of market share owing to widespread use of antifoaming agents in various oil extraction and refining processes. Antifoaming agents effectively control froth during separation of oil from water and other extraction methods. This prevents loss of oil and improves the yield.

The other major segments include pulp & paper, coatings, detergents, food & beverages, textiles and pharmaceuticals. The pulp & paper segment holds around 25% share due to heavy requirement of antifoaming agents during various paper production stages like pulping, bleaching and washing. They help increase efficiency of paper machines by minimizing foam problems.

Global Analysis

The North American region currently accounts for the largest share in the global antifoaming agent market due to well-established end-use industries like oil & gas, coatings and food processing. Rapid industrialization accompanied by growing awareness about benefits of antifoaming agents also contributes to its leading position.

However, the Asia Pacific region is expected to witness the highest growth over the forecast period supported by expanding manufacturing sector across China, India and other developing nations. Presence of key petroleum refineries along with rising paper production makes Asia Pacific another major regional market for antifoaming agents.

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