The demand within the global defoamers market is rising on account of advancements in industrial processes. The use of defoamers in the chemical industry has generated a wide array of opportunities for market growth. Furthermore, industrial liquids need to be handled with immense care in order to ensure optimal usage. A number of hydrophobic materials that excite the formation of foam are used across the chemical industry. In order to reduce the amount of foam produced, chemical experts recommend the use of defoamers for a multitude of applications. Defoamers are also available as anti-foaming agents across the market. This is an important point from the perspective of evaluating the market dynamics of the product.
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Transparency Market Research (TMR) finds that the global defoamers market is expected to grow at a steady CAGR of 4.5% over the period between 2018 and 2026. The total value of the defoamers market held a total value of US$ 7500 Mn in 2017. This value is slated to touch new heights in the years to follow. The growth of the defoamers market can be attributed to the advancements in end-use industries such as agrochemicals, food and beverages, and oil and gas.
Pharmaceutical Industry as Key End-User
Although foaming plays an important role in the cleaning action of soap bars and detergents, excessive foaming can result in wastage of soap. Therefore, small quantity of defoamer is used in soaps bars, washing liquids, and shampoos. Excessive foaming can interrupt with smooth execution of several industrial processes. The pharmaceutical industry has especially emerged a sound consumer within the global defoamers market.
Therefore, the total volume of revenues in the global defoamers market is set to grow at an unprecedented pace in the years to follow. Other than this, manufacturing of medical drugs and ointments also involves the use of defoamers. The continual growth of the pharmaceutical industry is expected to drive sales within the global defoamers market.
Some of the leading vendors in the global defoamers market are Clariant International AG, Global Holdings Inc., and Elkem Silicones.
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Advancements in Food Processing and Manufacturing
The use of defoamers in the food industry has played a central role in generating increased revenues within the market. Kitchens of large restaurants and hotels that prepare food for thousands of people use defoamers to prevent effusion while preparing food. Furthermore, defoamers are domestically used to prevent food effervescence that can affect the taste of the preparation. Silicon oil is the most commonly used defoamer in the food industry.
Considering the factors mentioned above, it is safe to predict that the global defoamers market would tread along a lucrative growth path in the years to follow. Furthermore, the use of defoamers as a cleaning agent in households has also given an impetus to market growth.
Rising Urbanization to Have Positive Impact on Growth of Defoamers Market
The growing rural-to-urban migration across various countries, especially in developing economies and densely populated regions like India and China may churn out substantial growth opportunities for the defoamers market. Due to rising urbanization, an increase in residential and commercial buildings is being observed, which is ultimately expanding the demand for paints. As defoamers are used in paints, the growth trajectory is expected to be strengthened during the forecast period. In addition, the government bodies of numerous countries are introducing smart city initiatives. These factors may boost the demand for new constructions and infrastructure, eventually propelling the growth opportunities across the defoamers market.
The defoamers market is largely consolidated. A few well-established players are responsible for a large growth share. Medium or small-sized manufacturers in the defoamers market are either acquired or merged with key players for decreasing the competition. Furthermore, R&D activities are crucial for the growth of the defoamers market. The key players invest in these activities for propelling novel formulations and strategies.
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Water and Wastewater Treatment Industry to Attract Exponential Growth for Defoamers Market
Water and wastewater management has become an important factor across various regions around the world. The problem of water scarcity has increased extensively in many countries. Water and wastewater management plays a crucial role in saving water. The use of hydrocarbon-based defoamers in sewage treatment application may bring profitable growth avenues for the defoamers market.
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