“Defoaming coating additives market projected to grow at a CAGR of 5.6%”
The global defoaming coating additives market is projected to reach USD 1,034.2 million by 2021, at a CAGR of 5.6% between 2016 and 2021. Economic development in Asia-Pacific, rising demand of the defoaming coating additives from construction industry, and the increasing demand for environment-friendly coatings and decorative paints are the key factors driving the growth of this market. Stringent environmental regulations and high loading levels of defoaming agents in the industrial process are some of the key factors restraining the growth of the defoaming coating additives market, globally,
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“Architectural application segment is estimated to be the largest-application segment during the forecast period”
The architectural application segment accounts for the largest share of the global defoaming coating additives market. Rising living standards and preference of consumers for attractive homes and commercial spaces are leading to the increasing demand of defoamer coating additives in architectural applications.
“Silicone-based defoamer was the largest-defoamer type in the defoaming coating additives market in 2015”
The silicone-based defoamer segment accounted for the largest share of the defoaming coating additives market in 2015. It is projected to be the second fastest-growing defoamer type of defoaming coating additives market between 2016 and 2021. Though the price of silicone-based defoamers is high in comparison to water based defoamers, properties such as low loading levels, high chemical inertness, lower surface tension, and full solubility in water make them a preferred choice in comparison to other defoaming agents.
“India is estimated to be the fastest-growing country during the forecast period”
Asia-Pacific accounted for the largest share of the defoaming coating additives market in 2015. China and India were the key markets for defoaming coating additives in Asia-Pacific. High economic growth of the emerging economies and increasing disposable income of the people in the region make Asia-Pacific an attractive market for defoaming coating additives manufacturers. In addition, the extensive growth of industrial production and increasing vehicles production are also responsible for the high demand of defoaming coating additives in this region.
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Break-up of profile of primary participants for the report:
• By Company Type – Tier 1 – 30 , Tier 2 – 43, and Tier 3 – 27%
• By Designation – C level – 21%, Director level – 23%, Others – 56%
• By Region – Asia-Pacific – 37%, Europe – 26%, North America – 23%, Middle East & Africa – 8%, and South America – 6%
The report, as part of qualitative analysis, provides a comprehensive review of major market drivers, restraints, opportunities, and challenges of the market. It also discusses competitive strategies adopted by different market players, such as BASF SE (Germany), Dow Corning Corporation (U.S.), Elementis Plc. (U.K.), BYK-Chemie GmbH (Germany), and others.
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Global Waterborne Coating Additives Industry Market Research Report
The Waterborne Coating Additives market revenue was xx.xx Million USD in 2013, grew to xx.xx Million USD in 2017, and will reach xx.xx Million USD in 2023, with a CAGR of x.x% during 2018-2023. Based on the Waterborne Coating Additives industrial chain, this report mainly elaborate the definition, types, applications and major players of Waterborne Coating Additives market in details. Deep analysis about market status (2013-2018), enterprise competition pattern, advantages and disadvantages of enterprise Products, industry development trends (2018-2023), regional industrial layout characteristics and macroeconomic policies, industrial policy has also be included. From raw materials to downstream buyers of this industry will be analyzed scientifically, the feature of product circulation and sales channel will be presented as well. In a word, this report will help you to establish a panorama of industrial development and characteristics of the Waterborne Coating Additives market.
Read More: https://watchersofmarkets.com/products/global-waterborne-coating-additives-industry-market-research-report
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