Triton Market Research’s report examines that the defoamers market in Europe will witness a growth rate of 4.67% in revenue and 4.00% in volume during the forecast period 2023-2030. Spain, Italy, Germany, the United Kingdom, France, and the Rest of Europe are evaluated in the region.
Food processing industries rely on defoamers to prevent foam formation during the process of food packaging. Thus, Spain is contributing significantly to the growth of the defoamers market due to an increase in the adoption of packaged foods. Big retailers and supermarkets are actively involved in selling packaged foods to consumers. Companies invest in opening new retail stores and hypermarkets, which will accelerate the demand for defoamers in the paper packaging and food industry.
Similarly, the government and regulatory authorities in Italy have adopted the use of defoamers to upgrade the water treatment facility. The primary application of defoamers in wastewater treatment and reduction in foam formation provides clean water. This creates a substantial demand for using defoamers in treating wastewater. Italy also received huge foreign investments from the US to develop the industries of food processing, paints & coatings, and pulp & paper, which will drive the demand for defoamers in the coming years.
Competitive Outlook
The leading companies in the defoamers market include Applied Material Solutions, Kemira OYJ, Ivanhoe Industries Inc, Ascent Chemicals, Crucible Chemical Company, Ashland Inc, and Momentive Performance Material Inc.
1. Europe 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