NEW YORK, Sept. 20, 2016 /PRNewswire/ -- The market size of antifoaming agent, in terms of value, is estimated to reach USD 6.59 billion by 2021 and is projected to register a CAGR of 3.8% between 2016 and 2021. The growing demand from major applications such as pulp & paper, oil & gas, paints & coatings, and water treatment is expected to drive the demand for antifoaming agent. The global demand of end-use applications such as papers, oil, processed food, and medicines are generating demand for antifoaming agent.
"Pulp & paper is expected to be the largest application during the forecast period"
Pulp & paper is expected to be the largest application between 2016 and 2021. The demand for this application is increasing mainly due to wide use of antifoaming agent in pulp & paper manufacturing. Water-based antifoaming agent is used in pulp & paper manufacturing. North America is the largest market for antifoaming agent in pulp & paper application.
"Asia-Pacific is projected to be the fastest-growing market during the forecast period"
Asia-Pacific is estimated to be the fastest-growing antifoaming agent market, in terms of both value and volume. The increasing demand of antifoaming agent from the pulp & paper and oil & gas applications and the growing paints & coatings industry are expected to drive the demand of antifoaming agent in the region.
Break-up of profiles by the primary participants for the report
- By Company Type – Tier 1–31%, Tier 2–36%, and Tier 3–33%
- By Designation – C Level– 43%, Director Level–30%, and Others–27%
- By Region – North America–37%, Europe–23%, Asia-Pacific–26%, and RoW-14%
Note: The Middle East & Africa and South America are considered together as RoW
The report includes company profiles of major players and recent activities undertaken in the market such as new product launches, expansions, and R&D. Some of the major companies profiled in this report 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).
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While making strategic decisions in business, timely and useful information is required. This report meets the requirements of various stakeholders including material suppliers, product manufacturers, investors, and executives. Some of the salient features of this report include:
- Porter's Five Forces Analysis
- Value Chain Analysis
- Market Segmentation (Type, Application, and Region) by Volume and Value
- Competitor Analysis
- Detailed Information on Strategic Developments in the Industry
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