The global coating additives and defoaming agent market will reach US$1 billion in 2021

> A latest research report recently released by the research institution Markets and Markets shows that the global coating additive defoaming agent market size in 2015 was approximately US$748 million, driven by global population growth, urbanization, industrialization development, environmental protection regulations and sustainable development. Stimulated by development policies and other factors, the market size is expected to reach US$1.0342 billion by 2021, with a compound annual growth rate of 5.6%. There are many types of defoamer, and data shows that water-based defoamer was the second largest defoamer in 2015 Variety, it is expected that this variety will have the highest growth rate from 2016 to 2021. The study also pointed out that this type of defoaming agent is cost-effective and can be appropriately adjusted in the formula design according to the specific requirements of users.

In 2015, the largest application field of defoaming agents was the construction engineering coatings industry. As users have higher and higher requirements for the quality and personalization of life in homes and commercial places, the consumer demand for defoaming agents in the construction field will increase accordingly.

Analysis pointed out that the Asia-Pacific region was the largest consumer market for defoaming agents in 2015, followed by North America and Europe. The Asia-Pacific region is experiencing rapid economic growth, increasing disposable income, continuous improvement in industrial production, and strong development of the automobile manufacturing industry. These factors are the driving forces for the increase in demand for defoaming agents in the region.

Major defoamer manufacturers include: BASFSE (Germany), Dow Corning Corporation (USA), Elementis Plc. (UK), BYK-ChemieGmbH (Germany), etc.