Market Research Future published a half cookedresearch report on Global Defoaming Coating Additives Market that contains the information from 2014 to 2022. Global Defoaming Coating Additives Market is expected to grow with the CAGR of approximately 6% from 2016 to 2022, and with this it is predictable to cross USD 1,100 Million by 2022.
Construction and automotive industries are the key drivers in the growth of defoaming coating additives market across the globe. The additives find its way in varied applications such as decorations, wood work, furnishing, etc. The market is highly dependent on its applications. Defoaming additives prevent and destroy the foam bubbles and enable an improved processing, a perfect surface and optimum product properties. The market is driven solely by the properties which stand out when compared to conventional technologies.
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The report has analyzed the market based on the two segments: type and application in the regions of North America, Europe, APAC and rest of the world. On the basis of application, architecture has the largest market share both by value and volume. The share is attributed to the increased demand from emerging nations along with heavy investment in infrastructure in these countries. The change in consumer preferences for greater aesthetic values in the offices and homes has further augmented the market for these additives. On the basis of type silicone-based additives lead the market with largest share due to its properties which prove to be better than water-based additives. On the basis of region, APAC leads the market with its largest market, followed by North America and Europe.
Access the market data and market information presented through more than 85 market data tables and figures spread in 118 numbers of pages of the project report “Defoaming Coating Additives Market”
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We recognize the key players in the global defoaming coating additives market as
- BASF SE
- Dow Corning Corporation
- Evonik Industries AG
- Elementis Plc.
- Momentive Performance Materials Inc.,
- BYK-Chemie GmbH
- Allnex SA/NV
- Arkema S.A.
- Ashland Inc.
- Münzing Chemie GmbH
APAC will be the Largest Market
APAC is expected to dominate the market with its largest market size for defoaming coating additives. The reason is attributed to the increased demand from construction as well as automotive sector. The emerging nations like China and India are seen as the lucrative land for automotive industry due to high demand for automobiles. Furthermore the infrastructure needs in the region further fuels the market for these resins. The regions are also the preferred options for Greenfield investment and industrial operations due to various government initiatives. This induces the demand for industrial coating additives in APAC.
It is followed by North America and Europe, where the markets have matured over the period of time and the consumption remains at steady rate. The regions are expected to show steady consumption from the automotive and architecture coating.
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