Triton Market Research’s report suggests that the North American defoamers market is estimated to generate a compound annual growth rate of 4.44% in revenue and 4.10% in volume over the forecast period 2023-2030. Canada and the United States (US) are examined in the region.
The growth of defoamers in the US is driven by their adoption in the manufacturing processes of paints, coating, and wastewater treatment. Chemical defoamers are specifically used to reduce the formation of foam during product processing. Moreover, huge investments and funds are allotted to the research and development laboratories that manufacture paints, wines, adhesives, etc. These factors will boost the industry production levels and create a need to deploy defoamers in their production.
The defoamer market in Canada is expected to generate significant growth driven by wine exports to other countries. The application of chemical defoamers in the entire bottling process across the wineries in Canada helps the manufacturers generate quality products and boost their wine exports. Wine production in Canada requires anti-foaming agents to reduce foam and improve the wine consistency. This will drive the demand for defoamers.
Competitive Outlook
The notable companies in the defoamers market are Crucible Chemical Company, Ashland Inc, Momentive Performance Material Inc, BASF SE, Clariant International Limited, Dow Chemical Company, and Eastman Chemical Company.
1. North America 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