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3. Air Products and Chemicals Inc. (U.S.) and Evonik Industries AG (Germany) are the Major Players in the Defoamers Market

The defoamer market size was USD 5.29 billion in 2015 and is estimated to reach USD 6.60 billion by 2021, at a CAGR of 3.8% between 2016 and 2021. Factors such as increasing awareness for new regulatory guidelines and environmental concerns along with rising demand from Asia-Pacific is expected to drive the market during the forecast period. On the other hand, factors such as high loading levels of defoamers in the industrial process to restraint the growth of the market. Technological advancements and developing low VOC emission defoamers are some of the upcoming opportunities for this market.

Major players operating in the global defoamer market are Air Products and Chemicals Inc. (U.S.), Dow Corning Corporation (U.S.), Evonik Industries (Germany), BASF (Germany), Kemira (Finland), Ashland (U.S.), Elements Plc. (U.K.), and Shin-Etsu Chemical Company Ltd. (Japan). They adopted key strategies such as new product launches and mergers & acquisitions. The major defoamer manufacturers are also focusing on mergers & acquisitions to strengthen their market position by increasing their share in the defoamer market.

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Air Products and Chemicals Inc. (U.S.) is one of the leading defoamer manufacturers, globally. The company has been focusing on new product launches to maintain its leading position in the market. For instance, in February 2016, the company launched a new product, Surfynol 107L under the molecular defoamers category. It is a non-foaming, surface active, and non-ionic wetting agent suitable for low-VOC formulations. This helped the company to strengthen its position in the global defoamer market.

Evonik Industries AG (Germany) is another major player in the global defoamer market. The company has been focusing on capacity expansions and mergers & acquisitions as part of its strategic development activities. In March 2016, Evonik participated in a bid to meet rising demand of specialty silicone products in Asia-Pacific. The company planned to construct a production facility in Shanghai, China that is expected to be completed by mid of 2017. Specialty silicones are generally used in car seats, furniture, and ergonomic mattresses. This development helped the company to cater to the rising demand of defoamer. In May 2016, Evonik completed the acquisition of specialty and coatings additive business of Air Products and Chemicals Inc. (U.S.). The acquisition further strengthened the company’s foothold in the North American and Asia-Pacific markets.

Related Reports:

Defoamers Market by Type (Water Based, Oil Based, and Silicone Based), Application (Pulp & paper, Oil & Gas, Food & Beverage, Paints & Coatings, Detergents, Pharmaceutical, Textiles, and Water Treatment) – Global Forecast to 2021

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