The report "Defoaming Coating Additives Market by Type (Silicone-Based, Mineral Oil-Based, Vegetable Oil-Based, Water-Based, Polymer-Based), Application (Architectural, Automotive, Industrial, Wood & Furniture), and Geography - Global Forecasts to 2021", The defoaming coating additives market was valued at USD 748.0 Million in 2015, and is projected to reach USD 1,034.2 Million by 2021, at a CAGR of 5.6% between 2016 and 2021.

Browse 105 market data tables and 48 figures spread through 150 pages and in-depth TOC on “Defoaming Coating Additives Market by Type (Silicone-Based, Mineral Oil-Based, Vegetable Oil-Based, Water-Based, Polymer-Based), Application (Architectural, Automotive, Industrial, Wood & Furniture), and Geography - Global Forecasts to 2021”

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The growth in application markets such as automotive, industrial, and architectural where coating additives are extensively used owing to their ability to visually and chemically improve the performance of the coatings also acts as a driving factor for the defoaming coating additives market. Architecture is the major application for defoaming coating additives. The growing commercial and residential construction in Asia-Pacific is driving the demand for coating additives owing to the need of better protection of buildings.

Water-based defoamer is the fastest-growing type segment in the global defoaming coating additives market during the forecast period

Among defoamer types, the water-based defoamer segment accounted for the second-largest share of the defoaming coating additives market in 2015. It is projected to be the fastest-growing defoamer type segment between 2016 and 2021. These defoamers are very cost-effective with considerable share of water in the final product though the final composition varies according to end user requirement.

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Architectural is expected to be the largest application segment during the forecast period

The architectural application segment accounted for the largest share of the defoaming coating additives market in 2015. Rising living standards and preference of consumers for attractive homes and commercial spaces is leading to the increasing demand of defoaming coating additives in architectural application.

Asia-Pacific is the largest and the fastest-growing regional segment of the defoaming coating additives

Asia-Pacific accounted for the largest share of the defoaming coating additives market in 2015, followed by North America and Europe. 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.

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Some of the major players in the defoaming coating additives market include Ashland Inc. (U.S.), BASF SE (Germany), BYK Additives & Instruments (Germany), Elementis Plc (U.K.), Evonik Industries AG (Germany), Momentive Performance Materials Inc. (U.S.), and Dow Corning Corporation (U.S.), among others.

These companies have been focusing on new product launches to cater to the diverse needs of customers. Companies are also adopting acquisition as a growth strategy to increase their geographic presence and achieve growth in this market.

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