GLOBAL ANTIFOAMING AGENT MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• Evonik's launch of a new defoaming agent in October 2023 marked a significant advancement in the industry. This innovative product combines the desirable properties of silicone and bio-based materials, offering a solution tailored for water-based ink and coating applications. The incorporation of a novel mixing technology enhances its effectiveness, ensuring superior performance in defoaming applications.
• Jio-bp's introduction of a new diesel variant in May 2023 represented a significant advancement in the commercial vehicle industry, offering substantial cost savings and operational benefits for truck drivers and fleet owners. This innovative diesel formulation is designed to cater to a wide range of commercial vehicles, providing a cost-effective solution that enhances efficiency and performance.
• Evonik's introduction of TEGO Foamex 812 in January 2021 represented a strategic expansion of its product portfolio, specifically targeting wood coating formulations. This new antifoaming agent is designed to address the unique challenges associated with foam control in wood coatings, offering a tailored solution that enhances the performance and quality of the final product.