Global Defoaming Coating Additives Market 2023

Global Defoaming Coating Additives Market 2023

Description
Defoaming coating additives are chemical ingredients or liquids with low surface tension that are added to resins, lacquers, and paints to improve their flow and prevent the formation of pinholes and foam. These additives find applications in various industries such as building and construction, automotive, wood and furniture, and the industrial sector. They offer benefits such as improved quality, reduced cost, increased productivity, and reduced VOC emissions.

According to the latest estimates, the global defoaming coating additives market is set to achieve an incremental growth of USD 0.5 billion, accelerating at a CAGR of almost 4.94% during the forecast period 2023-2029. The construction and automotive industries are key drivers of the global defoaming coating additives market. The demand for attractive commercial spaces, residential homes, and automotive coatings fuels the market growth.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global defoaming coating additives market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Market Segmentation
Product: silicone, polymer, mineral oil, vegetable oil, water-based, others
Function: foam supressing, foam breaking, deaerating
Application: construction, automotive, industrial, wood and furniture, others
Region: Asia-Pacific, Europe, North America, Middle East and Africa (MEA), South America

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, function, application, and region. The global market for defoaming coating additives can be segmented by product: silicone, polymer, mineral oil, vegetable oil, water-based, others. Among these, the silicone segment was accounted for the highest revenue generator in 2022. Defoaming coating additives market is further segmented by function: foam supressing, foam breaking, deaerating. The foam supressing segment is estimated to account for the largest share of the global defoaming coating additives market. Based on application, the defoaming coating additives market is segmented into: construction, automotive, industrial, wood and furniture, others. The construction segment held the largest share of the global defoaming coating additives market in 2022 and is anticipated to hold its share during the forecast period. On the basis of region, the defoaming coating additives market also can be divided into: Asia-Pacific, Europe, North America, Middle East and Africa (MEA), South America. In 2022, Asia-Pacific made up the largest share of revenue generated by the defoaming coating additives market.

Major Companies and Competitive Landscape
The market research report covers the analysis of key stake holders of the global defoaming coating additives market. Some of the leading players profiled in the report include Altana AG, Arkema S.A., Ashland Inc., BASF SE, Clariant AG, Dow Inc., Elementis plc, Evonik Industries AG, MUNZING Chemie GmbH, PTT Global Chemical Public Company Limited, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.

Scope of the Report
To analyze and forecast the market size of the global defoaming coating additives market.
To classify and forecast the global defoaming coating additives market based on product, function, application, region.
To identify drivers and challenges for the global defoaming coating additives market.
To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global defoaming coating additives market.
To identify and analyze the profile of leading players operating in the global defoaming coating additives market.

Why Choose This Report
Gain a reliable outlook of the global defoaming coating additives market forecasts from 2023 to 2029 across scenarios.
Identify growth segments for investment.
Stay ahead of competitors through company profiles and market data.
The market estimate for ease of analysis across scenarios in Excel format.
Strategy consulting and research support for three months.
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