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The global coating additive defoamer market will reach $1 billion in 2021

[Gade Chemical Network Daily Hotspot] A new research report released by research institute Markets and Markets recently showed that the global market for coating additives defoamer in 2015 was about 748 million US dollars, affected by global population growth and urbanization. Factors such as industrial development, environmental regulations and sustainable development policies. It is estimated that the market will reach $1,034.2 million by 2021. The compound annual growth rate is 5.6%. There are many defoamers, and the data show that the 2015 defoamer is the second largest defoamer in 2015. It is expected that the growth rate will be the highest in 2016-2021. The study also pointed out that this type of defoamer is cost-effective and can be appropriately adjusted in the formulation design according to the specific requirements of the user. In 2015, the largest application area of ??defoamer was in the architectural engineering coatings industry. As users' demands for quality and personalization of home and business places became higher and higher, the consumer demand for defoamers in the construction sector will increase. The analysis pointed out that in 2015 Asia Pacific was the largest consumer market for defoamers, followed by North America and Europe. The Asia-Pacific region's economic growth is relatively fast, disposable income is rising, industrial production continues to rise, and the automobile manufacturing industry is growing strongly. These factors are the driving force for increased demand in the defoamer market in the region. Major manufacturers of defoamers include: BASFSE (Germany), Dow Corning Corporation (USA), Elementis Plc. (UK), BYK-Chemie GmbH (Germany), and others.