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

The Antifoaming Agent Market is estimated to be valued at USD 6.08 Bn in 2024 and exhibit a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031. Antifoaming agents are chemicals added in small amounts to liquids to prevent or reduce foaming. Foam is formed in processes where air is dispersed in a liquid system due to agitation. Excessive foam can impact operating efficiencies and lead to process upsets. Antifoaming agents control foam by modifying the surface properties of bubbles and aiding in their coalescence and rupture. Industries such as food & beverages, pharmaceuticals, paper & pulp, and petroleum & refining commonly utilize antifoaming agents. Rising demand from downstream sectors and need to improve production efficiencies are expected to drive growth in the antifoaming agent market in the coming years.

 Market Dynamics:

The antifoaming agent market is projected to witness robust growth over the forecast period driven by factors such as expanding food processing and pharmaceutical industries globally. Foam formation leads to operational issues in many industrial processes necessitating antifoaming agents for control. Additionally, stringent regulations regarding wastewater discharge have propelled demand from end-use sectors. However, toxic nature of certain antifoaming agents poses regulatory challenges. Market players are increasingly focusing on developing bio-based and environment-friendly product alternatives to capitalize on opportunities arising from sustainability imperatives. Additionally, growing adoption of antifoaming agents in emerging applications such as coatings further expands viable growth avenues.

 Key Features of the Study:

• This report provides in-depth analysis of the global antifoaming agent market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global antifoaming agent market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include BASF, Evonik Industries, Air Products and Chemicals, Inc., Wacker Chemie AG, DOW Corning Corporation, Mohini Organics Pvt. Ltd, Harmony Additives Pvt Ltd., Vizag chemical, Dadia Chemicals, Sri Saibaba Chemical Industries, CDH Fine Chemicals, Kemira, Ashland, Sinograce Chemical Company, Clariant AG.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The global antifoaming agent market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global antifoaming agent market.

Market Segmentation

• Type:
  • Water Based
  • Oil Based
  • Silicone Based
  • Alkyd Based
  • Others (Polymer Based, etc.)
• Application:
  • Adhesives
  • Coatings
  • Detergents
  • Wood Pulp
  • Food Processing
  • Others (Wastewater Treatment, etc.)
• End- Use:
  • Oil and gas
  • Paint and coatings
  • Food and Beverages
  • Pharmaceuticals
  • Textile
  • Others (Pulp and Paper, etc.)
• Regional:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
  • BASF
  • Evonik Industries
  • Air Products and Chemicals, Inc.
  • Wacker Chemie AG
  • DOW Corning Corporation
  • Mohini Organics Pvt. Ltd
  • Harmony Additives Pvt Ltd.
  • Vizag chemical
  • Dadia Chemicals
  • Sri Saibaba Chemical Industries
  • CDH Fine Chemicals
  • Kemira
  • Ashland
  • Sinograce Chemical Company
  • Clariant AG