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Global Defoamers Market Is Anticipated to Reach Us$ 4,107.5 Mn by 2023, Growing at a Cagr of 4.5% by 2023

  • Date Submitted: 08/30/2016 12:28 AM
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Transparency Market
Defoamers Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2015 - 2023

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Surging Production of Food and Beverages Results in
Extensive Usage of Defoamers, Says TMR
Transparency Market Research
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Defoamers Market

Defoamers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
The leading players operating in the global defoamers market are Dow Corning Corporation, Air Products and
Chemicals Inc., Bluestar Silicones, Ashland, Inc. Kemira Oyj, and Evonik Industries AG. The cumulative share
of these players in the global market stood at 20.7% in 2014. These players boast of a suite of dedicated
manufacturing technologies owing to their vast experience and expertise, which has turned into a winning
strategy for them. Mergers and acquisitions will come to define the competitive landscape as well-established
players are expected to focus on improving their geographical reach, making a major change to the overall
The report states that the opportunity in the global defoamers market will be worth US$4.10 bn by 2023 rising
from US$2.76 bn in 2014. During the forecast years of 2015 and 2023, the global market will expand at a
CAGR of 4.5%. Asia Pacific is expected to account for a sizeable share of 37.9% in the global defoamers
market in terms of volume. The unprecedented economic development in Asia Pacific is expected to drive the
growth of defoamers market in the region over the forecast years. Meanwhile, the silicone-based defoamers
segment is projected to assume the lead in the global market, as the segment is estimated to rise at a CAGR
of 4.6% between 2015 and 2023.
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