Recovery in Manufacturing Activity Drives the Global Defoamers Market, According to New Report by Global Industry Analysts, Inc.
GIA announces the release of a comprehensive global report on Defoamers markets. Global market for Defoamers is forecast to reach US$3.9 billion by 2020, driven by resurgence in demand from end-use markets, and stringent environmental regulations.
San Jose, California (PRWEB) April 23, 2014
Follow us on LinkedIn – Defoamers, also known as anti-foaming agents, are chemical agents that inhibit foam build. End-use sectors which utilize defoamers include oil and gas, paints and coatings, automotive, mining, paper and pulp, printing inks, and laundry detergents industries. Besides, defoamers are also used in dishwashing detergents, petroleum/petrochemical processing, paper recycling, waste disposal and processing, and cleaning processes such as metal-cleaning, recycle-plastic cleaning and printed-circuit board cleaning. Demand for defoamers fluctuates in close correlation to global and national GDP growth patterns. The market as a result remains vulnerable to economic cycles. Demand particularly from key end-use industries therefore declined during the 2007-2009 recession period. Recovering from the recessionary lull, the global anti-foaming agents market is expected to witness steady growth over the next few years, primarily driven by expanding applications of chemical additives.
Encouraging gains in global manufacturing is also signaling an optimistic outlook for defoamers, given its use in diverse manufacturing industries. Influx of innovative and high performance defoamers represents another significant fact or promoting market growth. Increasing rate of R&D activities, technological advancements and product innovations are helping expand the use of defoamers in potential industrial applications.
Rising health and environmental concerns worldwide along with stringent government regulations are supporting strong demand for environment friendly products with low VOCs, less chemical content and reduced odor. Increasing demand of products that enable multiple uses in diverse applications is also expected to augur well for the market. Another significant driver is the shift from non-biodegradable silicone based products to less toxic biodegradable non-silicone defoamers. The highly efficient "Smart" dry technology, which enables development of cost-effective and greener defoamers, is also poised to benefit market prospects.
As stated by the new market research report on Defoamers, Europe represents the largest market worldwide, followed by the United States. Asia-Pacific represents the fastest growing market with a CAGR of 4.2% over the analysis period. Considerable growth in oil and gas, automotive, printing inks, paints and coatings, pulp and paper, construction materials, and other key manufacturing sectors along with growing population, increased urbanization, infrastructure development and robust pace of industrialization represent key growth drivers in the region.
Key players covered in the report include Air Products & Chemicals, Ashland Inc., Ashland Hercules Water Technologies, BASF SE, Cognis, Buckman Laboratories International Inc., Burlington Chemical Co Inc., Crusader Chemical Co. Inc., Dow Chemical Co., Dow Corning Corp., Kemira Group, Kemira Chemicals Inc., King Industries Inc., Munzing Chemie GmbH, Ultra Additives LLC, Nalco Co., Nanjing Huaxing Defoamer Co. Ltd., Organic Defoamer Group, Solvay Novecare, Rhodia, and The Lubrizol Corporation, among others.
The research report titled “Defoamers: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, growth drivers, regulations, issues, challenges, mergers, acquisitions, and other strategic industry activities of major players worldwide. The report provides market estimates and projections in dollars for all major geographic markets including the United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India, South Korea, and Rest of Asia-Pacific), the Middle East and Latin America (Brazil, Mexico, and Rest of Latin America). End-use applications analyzed include Pulp & Paper, Petroleum, Water Treatment, Paints & Coatings, and Others.
For more details about this comprehensive market research report, please visit http://www.strategyr.com/Defoamers_Anti_Foaming_Agents_Market_Report.asp.
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
Global Industry Analysts, Inc.
Web Site: http://www.StrategyR.com/
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