USD 1.9 billion
Defoaming Coating Additives Market Size, Share, Growth Analysis, By Technology(Water-Borne, and Solvent-Borne), By Application(Building & Construction, Automotive Coatings, Adhesives, Wood & Furniture), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG15E2517 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
64
|Figures:
69
Defoaming Coating Additives Market Insights
The global defoaming coating additives market size was valued at USD 1.9 billion in 2022 and is poised to grow from USD 1.99 billion in 2023 to USD 2.92 billion by 2031, growing at a CAGR of 4.9% in the forecast period (2024-2031).
Defoaming coating additives are specialty chemicals that reduce the formation of foam and promote adhesion. They are extensively used in a wide variety of applications such as construction, automotive, furniture, etc. Rapidly expanding construction activity around the world and increasing automotive manufacturing are estimated to bolster demand for defoaming coating additives over the coming years. Surging demand for eco-friendly coating additives is forecasted to promote the demand for water-based defoaming coating additives in the long run. Rising investments in the R&D of high-performance coating additives to comply with changing demands and sustainability regulations are also driving market growth. Rapid expansion of the coatings industry and quick adoption of advanced technologies to develop high-performance coatings are also slated to augment the global defoaming coating additives market development going forward.
Defoaming coating additives market players should focus their efforts on the Asia Pacific region if they want to increase their global market presence as the demand for high-performance coatings from this region will soar high. The presence of key manufacturing industries and the availability of cheap labor in this region will also foster new opportunities for defoaming coating additives market players over the coming years.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Water-borne
Fastest Growth
Solvent-borne
Growth Rate
4.9% CAGR
Global Defoaming Coating Additives Market ($ Bn)
Country Share for Asia Pacific Region (%)
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Defoaming Coating Additives Market Segmental Analysis
The global defoaming coating additives market is segmented based on technology, application, and region. Based on technology, the market is bifurcated into water-borne and solvent-borne. In terms of application, the market is segmented into building & construction, automotive coatings, adhesives, wood & furniture, and others. Based on region, the market is segmented into Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa.
Analysis by Technology
Defoaming coating additives made from water-borne technology are projected to account for a dominant market share. The high recyclability of additives made from water-borne technology allows them to account for a high market share. Low VOC emissions, compliance with modern sustainability mandates, and excellent compatibility are some of the key benefits that water-based defoaming coating additives offer. The wide application scope of water-based defoaming coating additives also contributes to the significant share of this segment.
Solvent-based defoaming coating additives account for the second-largest market share. Excellent defoaming and chemical stability properties of defoaming coating additives made from solvent-borne technology are what drive their popularity around the world. In this segment, silicone-based defoamers are projected to be highly coveted in the future.
Analysis by Application
Building and construction applications account for a major share of the global defoaming coating additives market. The high use of different types of coating in various construction applications is forecasted to bolster the sales of defoaming coating additives in this segment over the coming years. Growing investments in infrastructure development around the world are slated to catalyze the growth of this segment across the forecast period.
A robust increase in vehicle sales around the world has led to a rapid hike in automotive manufacturing activity, which makes the automotive application segment a fast-growing one. Increasing use of high-performance coatings in the automotive industry is slated to bolster sales of defoaming coating additives across the forecast period. Defoaming coating additives are added to automotive paints and lacquers to improve their fluidity.
Global Defoaming Coating Additives Market By Technology
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Defoaming Coating Additives Market Regional Insights
The Asia Pacific region dominates the global demand for defoaming coating additives at present. The presence of robust automotive manufacturing and coatings industries in this region contributes to the high market share. Increasing industrialization and urbanization have led to expanding construction activity in the Asia Pacific region, which in turn, is forecasted to bolster sales of defoaming coating additives. With China leading the market growth in this region, India and Japan are also slated to be highly opportune markets for defoaming coating additives companies going forward.
A prominent chunk of the global defoaming coating additives market share is also held by North America. A high focus on sustainability in this region is slated to uplift sales of water-based defoaming coating additives. Growing demand for smooth finishes and the high spending potential of consumers are pushing the demand for defoaming coating additives in different applications. The United States and Canada are slated to be the prime markets for defoaming coating additives in the North American region across the forecast period.
Global Defoaming Coating Additives Market By Region
- Largest
- Fastest
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Defoaming Coating Additives Market Dynamics
Drivers
Rapidly Expanding Construction Activity
- Rising disposable income, urbanization, and industrialization are key factors that have resulted in increased construction activity worldwide. Defoaming coating additives are extensively used in different construction applications and thereby drive market growth as well.
Growing Adoption of High-Performance Coatings
- High-performance coatings are being extensively used in construction, aerospace, and automotive industry verticals and to make these coatings the use of defoaming coating additives is essential. This growing demand for high-performance coatings will also bolster the defoaming coating additives market growth going forward.
Restraints
Fluctuating Raw Material Costs
- Raw materials required to manufacture defoaming coating additives are subject to cost fluctuations due to several reasons such as supply chain disruptions, trade restrictions, political instability, etc. This could slow down the demand and supply of raw defoaming coating additives and even squeeze the profit margins of market players thereby hurting defoaming coating additives market development to a certain extent.
Compatibility Issues
- Defoaming coating additives are not a one size fits all solution and this is why all defoaming coating additives need to be optimized to be compatible with different coatings and this compatibility issue could slow down the overall defoaming coating additives market development across the forecast period and beyond.
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Defoaming Coating Additives Market Competitive Landscape
Defoaming coating additive manufacturers can localize their manufacturing operations to improve profitability and compete with regional market players. Companies can also focus on incorporating sustainability in their manufacturing process to attract eco-conscious consumers. Collaborations, mergers, acquisitions, and partnerships are forecasted to be popular strategies that will allow defoaming coating additive companies to expand their global presence and market share. Defoaming coating additive vendors are continually investing in R&D to make new products that can address demand from different industry verticals.
Top Player’s Company Profiles
- BYK Additives and Instruments
- Evonik Industries AG
- Arkema S.A.
- Ashland Inc.
- Altana AG
- Momentive Performance Materials Inc.
- Elementis Plc
- Clariant AG
- Guangdong Zilibon Chemical Co. Ltd.
- Harmony Additive Pvt. Ltd.
- BASF SE
- Munzing Corporation
- Dow Corning Corporation
- Allnex
Recent Developments
- In October 2023, Evonik, a renowned specialty chemical provider based in Germany, announced the launch of a new defoaming agent targeted towards coating applications. TEGO Foamex 8880 was launched as an addition to Evonik’s existing TEGO Foamex coating additive product range.
- BASF, a leading German chemical company, announced that it had increased its production capacity for its defoamer facility based in Turkey back in November 2023. This move was made to help the Dilovasi plant fulfil the demand for defoaming coating additives from regions such as the Middle East, Europe, and Africa.
Defoaming Coating Additives Key Market Trends
- Use of Nanotechnology: Companies can focus on utilizing nanotechnology and other advanced technologies to enhance the performance of defoaming coating additives. Growing focus on increasing the efficacy of additives around the world is slated to promote the adoption of novel technologies in this marketplace.
Defoaming Coating Additives Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per our analysis, the growing demand for high-performance coatings across different industry verticals is slated to promote the demand for defoaming coating additives over the coming years. The rapid expansion of the construction industry and growing automotive manufacturing activity are other factors that could uplift defoaming coating additives sales in the future. However, fluctuations in raw material pricing are slated to impede the defoaming coating additive demand outlook across the forecast period. The Asia Pacific region accounts for a significant share of the global defoaming coating additives demand outlook due to robust construction and automotive manufacturing in this region. Defoaming coating additive suppliers should focus on integrating advanced technologies in their manufacturing process to improve the performance of their products in the long run.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 1.9 billion |
| Market size value in 2031 | USD 2.92 billion |
| Growth Rate | 4.9% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Defoaming Coating Additives Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Defoaming Coating Additives Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Defoaming Coating Additives Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Defoaming Coating Additives Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Defoaming Coating Additives Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Defoaming Coating Additives Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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