Global Anti-Foaming Agents Market 2017-2021
About Anti-Foaming Agent
Anti-foaming agents are chemical additives that minimize and stop the formation of foam. They are mainly used in industrial process liquids to reduce the formation of foam. Foam formation leads to flaws on surface coatings and prevents efficient filling of containers. Foam formation is the major problem faced while developing coatings and printing inks by formulation processes such as water-based, solvent-free, radiation-curing, and high solids formulations. Foams cause severe defects in surface coatings, inefficiency in the processing, storage instability, and various other losses. Anti-foaming agents have high surface active properties and low viscosity.
Technavio’s analysts forecast the global anti-foaming agent market to grow at a CAGR of 4.12% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global anti-foaming agent market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Anti-Foaming Agent Market 2017-2021
Technavio recognizes the following companies as the key players in the global anti-foaming agent market: Ashland, Dow Corning, Elementis, Evonik Industries, Kemira, and Wacker Chemie.
Other Prominent Vendors in the market are: ALTANA, Ecolab, and Shin-Etsu Chemical Company.
Commenting on the report, an analyst from Technavio’s team said: “One trend in market is increasing adoption of anti-foaming agents in bioprocess market. Undesired and unwanted foam formation takes place in various biological processes during the manufacturing food and beverage, paper, drug production (synthesis of antibiotics), blood transfusions, water purification, and dyeing of fabrics. The foam formation takes place due to the presence of gases in the culture medium.”
According to the report, one driver in market is rising demand from several applications and growth strategy adopted by manufacturers. The demand for anti-foaming agents are rising, and their applications are widening. The anti-foaming agents market is likely to grow significantly in next five years. The manufacturers are more concerned toward offering products free from defect. Geographic and product expansion in the pharmaceuticals industry, textile industry, and packaged food industry is likely to boost the growth of the market. Various new vendors are entering the market. There are various strategies adopted by key vendors to remain competitively advanced. For instance, Air Products and Chemicals launched two new products for its anti-foaming segment. In June 2015, the company launched oil-based defoamer, and in October 2015, it launched new molecular defoamer and wetting agents. Similarly, Dow Corning launched siloxane-based additive in January 2016.
Further, the report states that one challenges in market is fluctuating oil and natural gas prices. The anti-foaming agents industry is highly dependent on oil and gas supply. The key raw materials such as seal oil and naphthenic and paraffinic mineral oils used in the manufacturing of these additives, especially in mineral oil-based anti-foams, are derived from petroleum. Fluctuation in the oil and gas supply is likely to impact the demand. In the current scenario, where drilling rates have reduced, it is difficult to hold back the consumption of additives. Low natural gas and crude oil prices have led to intensified competitive scenario. It is projected that by 2020, the global crude oil and natural gas supply and demand will restore the balance, leading to price normalcy. Fluctuating natural gas and crude oil prices are likely to impact the price of anti-foaming agents market.
Ashland, Dow Corning, Elementis, Evonik Industries, Kemira, and Wacker Chemie, ALTANA, Ecolab, and Shin-Etsu Chemical Company.
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