"Silicone-based defoamer was the largest-defoamer type in the defoaming coating additives market in 2015"
The silicone-based defoamer segment accounted for the largest share of the defoaming coating additives market in 2015. It is projected to be the second fastest-growing defoamer type of defoaming coating additives market between 2016 and 2021. Though the price of silicone-based defoamers is high in comparison to water based defoamers, properties such as low loading levels, high chemical inertness, lower surface tension, and full solubility in water make them a preferred choice in comparison to other defoaming agents.
"India is estimated to be the fastest-growing country during the forecast period"
Asia-Pacific accounted for the largest share of the defoaming coating additives market in 2015. China and India were the key markets for defoaming coating additives in Asia-Pacific. High economic growth of the emerging economies and increasing disposable income of the people in the region make Asia-Pacific an attractive market for defoaming coating additives manufacturers. In addition, the extensive growth of industrial production and increasing vehicles production are also responsible for the high demand of defoaming coating additives in this region.
Break-up of profile of primary participants for the report:
- By Company Type - Tier 1 – 30 %, Tier 2 – 43%, and Tier 3 – 27%
- By Designation – C level – 21%, Director level – 23%, Others – 56%
- By Region – Asia-Pacific - 37%, Europe - 26%, North America - 23%, Middle East & Africa - 8%, and South America – 6%
The report, as part of qualitative analysis, provides a comprehensive review of major market drivers, restraints, opportunities, and challenges of the market. It also discusses competitive strategies adopted by different market players, such as BASF SE (Germany), Dow Corning Corporation (U.S.), Elementis Plc. (U.K.), BYK-Chemie GmbH (Germany), and others.
The defoaming coating additives market report has been segmented on the basis of defoamer type (mineral oil-based defoamer, vegetable oil-based defoamer, silicone-based defoamer, water-based defoamer, polymer-based defoamer, and others), application (architectural, industrial, wood & furniture, automotive, and others), and geography (North America, Europe, Asia-Pacific, Middle East & Africa, and South America).
Reasons to buy this report:
This report covers the following key aspects:
- The market size by 2021 and its growth rate
- Key market trends
- Factors driving this market
- Challenges that impact market growth
- Key players in this market
- Key regions for this market, such as North America, Europe, Asia-Pacific, Middle East & Africa, and South America, along with the major countries in these regions
Read the full report: http://www.reportlinker.com/p04226788-summary/view-report.html
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
Contact Clare: email@example.com
Intl: +1 339-368-6001
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/defoaming-coating-additives-market-projected-to-grow-at-cagr-of-56-between-2016-and-2021-300346218.html