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Report Overview
The global defoamers market value reached approximately USD 7.06 billion in 2023. The market is projected to grow at a CAGR of 4.20% between 2024 and 2032, reaching a value of around USD 10.20 billion by 2032.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
- The market dynamics are being boosted by Asia-led global pulp consumption in 2021, accounting for 39.8% of the total 182.9 million tonnes, leading to the growth of the defoamers market.
- North America dominated global pulp production in 2021, accounting for 31.3% of the total 182.7 million tonnes, as reported by Cepi Key Statistics 2022. Asia followed with a substantial share of 24.5%.
- Cepi countries contributed 20.3% to the global production and Latin America produced 17.0% of the total pulp.
Global Defoamers Market Analysis
Five years back, the global market for defoamerswas plagued by environmental issues and regulatory pressures. The key players would have to invest in eco-friendly, bio-based research and development of defoamers that met regulation, thus impeding the defoamers demand. To limit the ecological footprint without affecting performance-critical customer demand for greener products, BASF and Dow introduced low-VOC, water-based formulations and improved manufacturing processes.
Defoamers Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global market for Defoamers reached a size of approximately USD 7.06 billion.
The market is estimated to grow at a CAGR of 4.20% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach USD 10.20 billion by 2032.
The major drivers of the market include the rising demand for defoamers from the agrochemicals, pulp and paper, and water treatment industries.
The increasing demand for coatings, the surging renovation activities, and the rapid expansion of the agriculture sector are expected to guide the growth of the industry in the forecast period.
The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The market is categorised according to the product, which includes water-based, oil-based, and silicone-based, among others.
Based on the application, the market is divided into pulp and paper, coatings, agrochemicals, water treatment, and food and beverages, among others.
The major players in the market are Bluestar Silicones France SA, BASF SE, Dow Corning Corporation, Nikon Corporation, and Air Products and Chemicals, Inc., among others.
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