A recent report published by Infinium Global Research on defoaming coating additives market provides an in-depth analysis of segments and sub-segments in the global as well as regional defoaming coating additives market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional defoaming coating additives market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global defoaming coating additives market. According to the report, the global defoaming coating additives market is projected to grow at a CAGR of 6% over the forecast period of 2019-2025.
Defoaming a coating additive is organic chemical liquids or ingredients with low surface tension which is added to lacquers, resins, and paints for the purpose of systems is the pin-hole formation and improve their flow. During production and handling of industrial liquid, occurs larger bubble marks due to the absorption of air. Defoaming coating additives help reduce VOC emissions and breaks the foam formed. It also provides reduced cost, improved quality, and increased productivity. Some of the major features of defoaming coating additives such as gloss enhancement, enhance stain resistance, and excellent dispersion stability.
The global defoaming coating additives market is primarily driven by the preference from solvent-based formulations to water-based defoaming formulations. Moreover, rising demand for attractive residential homes and commercial spaces, and rising living standards are expected to fuel market growth in the near future. However, incompatibility with the medium to be defoamed can cause paint defects including craters or haze and fluctuating raw material prices are expected to hinder the demand for global defoaming coating additives market. Nonetheless, environment concerns about VOC emitting products and strict regulations on solvent-based systems are anticipated to create a new opportunity for global defoaming coating additives market
The region, the global defoaming coating additives market is bifurcated into North America, Asia-Pacific, Europe, Latin America, and the Middle East and Africa. The Asia-Pacific held the largest revenue share for the global defoaming coating additives market in 2018 owing to the industrial expansion and rapid economic in developing economies of the region include Vietnam, India, China, and Malaysia. Changing consumer preference to luxurious infrastructure and rising disposable income in the region fuel the builders for developing infrastructure and building with high aesthetic value. North America accounted for the second-largest market share for global defoaming coating additives market on an account of the market in nations includes the U.S., Brazil and Germany are also estimated to show significant growth, on an account of rising demand for eco-friendly chemical products
The report on global defoaming coating additives market covers segments such as product type and application. On the basis of product type, the sub-markets include polymer based, mineral oil based, vegetable oil based, silicone based, and water based. On the basis of application, the sub-markets include building & construction, automotive, wood & furniture, industrial, and others.
The report provides profiles of the companies in the market such as BASF SE, Allnex Group, BYK Additives & Instruments, Elementis plc, Ashland Inc., Momentive Performance Materials Inc., Evonik Industries AG, Arkema Group, Dow Corning Corporation, and Clariant.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of defoaming coating additives market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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