Triton’s research report shows that the Asia-Pacific defoamers market is expected to achieve a CAGR of 5.27% (revenue) and 4.89% (volume) during the 2023-2030 forecast years. Japan, India, South Korea, China, ASEAN countries, and the Rest of Asia-Pacific are studied in the region’s report.
The paper industry, being the most prominent in Japan, expects massive growth in the coming years. Since defoamers are largely used to reduce foam in paper production and pulp mills, the demand for defoamers market is rising. After China and the US, the third largest paper-producing country is Japan, which has a significant scope to drive the growth of the defoamers market.
Similarly, in South Korea, water based defoamers are largely used by the paper and pulp industries. The application of defoamers helps to reduce the problem of paper breaking and improves the functioning of paper machines. Thus, an increase in the production of paper and pulp industry in South Korea positively influences the growth of the defoamers market. Along with this, there is a growing use of silicone-based and oil-based defoamers in the paints and coatings industry, particularly in countries like Indonesia and Australia.
Competitive Outlook
The major companies listed in the defoamers market are BASF SE, Clariant International Limited, Dow Chemical Company, Eastman Chemical Company, Elementis Plc, Wacker Chemie AG, Evonik Industries AG, and Henkel AG & CO KGAA.
1. Asia-pacific Defoamers Market – Summary
2. Industry Outlook
2.1. Impact Of Covid-19 On The Defoamers Market
2.2. Key Insights
2.2.1. Silicone-based Defoamers Dominate The Type Segment
2.2.2. Water-based Defoamers Expected To Witness Robust Growth
2.3. Evolution & Transition Of Defoamers
2.4. Porter’s Five Forces Analysis
2.4.1. Threat Of New Entrants
2.4.2. Threat Of Substitutes
2.4.3. Bargaining Power Of Buyers
2.4.4. Bargaining Power Of Suppliers
2.4.5. Threat Of Competitive Rivalry
2.5. Market Attractiveness Index
2.6. Regulatory Framework
2.7. Market Drivers
2.7.1. Gaining Prominence In Water Treatment
2.7.2. Surge In Demand From The Food & Beverage Industry
2.7.3. Widening Applications In The Pulp And Paper Industry
2.7.4. Rising Demand In Paints And Coatings Applications