Defoaming Coating Additives Market is Estimated to Reach $1328.8 Million by 2019 From 2014 to 2019


Posted November 19, 2015 by MicroMktM

According to Market Research Report "Global Defoaming Coating Additives Market by Application (Architectural, Industrial, Wood & Furniture, Automotive, Others), by Geography (Asia-Pacific, North America, Europe, RoW) - Analysis and Forecast to 2019",

 
The global defoaming coating additives market is witnessing owing to extensive use of these additives in end-use industries. These additives have different characteristics as per their manufacturing and application requirement in the end products. The Asia-Pacific region is expected to dominate this market with its growing demand for defoaming coating additives in different applications, especially the architectural, industrial, wood & furniture, and automotive industry. Asia-Pacific and North America markets are estimated to witness extensive growth in demand for defoaming coating additives in coming years.

Joint ventures, acquisitions, expansions, and new product launches are the key strategies adopted by the market players. The manufacturing companies, associations, and end-product manufacturers infuse high investments for future advancements and technology modifications of defoaming coating additives to match the increasing demands coming from various end-user industries

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Key Players of the Global Defoaming Coating Additives Market include:

BASF SE (Germany), The Dow Chemical Company (U.S.), BYK-Chemie GmbH (Germany), Asahi Kasei Corporation (Japan), Daikin Industries Ltd. (Japan), Arkema S.A. (France), Ashland Inc. (U.S.), AkzoNobel N.V. (The Netherlands), and Evonik Industries (Germany).

Defoaming coating additives are one of the basic organic chemical raw materials widely used in architectural, industrial, wood & furniture, and automotive industries. The quality, high efficiency, and environmentally acceptability are some of the major features that are driving the demand for defoaming coating additives. Upcoming safety regulations and innovative techniques for its use will further enhance the use of defoaming coating additives.

The defoaming coating additives market is projected to witness extensive growth , mainly driven by the growth in Asia-Pacific, North America, Europe, and RoW regions and efforts at country level to promote environment-friendly and recyclable products. Considerable amount of investments are made by various market players to serve the end-user applications industry in the future.

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The high demand across end-user industries, such as architectural, industrial, wood & furniture, and automotive will increase the overall defoaming coating additives consumption.

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Last Updated November 19, 2015