The Germany defoamers market is estimated to grow with a CAGR of 5.54% as well as xx% in terms of volume during the forecasted period of 2024-2032. The country’s market growth is attributed to the increasing demand for applications in paints and coatings.
MARKET INSIGHTS
According to a report from Germany Trade & Invest (GTAI), Germany holds the position of the top milk and dairy product producer in Europe. The dairy industry stands as the second-largest sector within Germany’s food and beverage industry. The significant milk production volume in Germany is expected to promote the adoption of defoamers in milk processing to mitigate foam formation during processing, thereby stimulating the defoamers market in the country.
Prominent paint manufacturing companies in Germany are actively pursuing expansion strategies to enhance their operations and promote the utilization of defoamers in the paint manufacturing process for foam control. Meffert AG, a renowned manufacturer of paints and coatings in the country, is a notable example of this trend. They are expanding their German decorative paints business by strategically acquiring Feidal’s decorative paints business.
COMPETITIVE INSIGHTS
Some of the key companies operating in the market include Wacker Chemie AG, Evonik Industries AG, Elementis Plc, etc.
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