Antifoaming Agent Market Growth, Trends and Forecasts 2018 2023 [Report Updated: 01032018] Prices from USD $1923

16:14 EDT 9 Jul 2018 | BioPortfolio Reports

The global antifoaming agent market is expected to register an estimated CAGR of 4.1%, during the forecast period.

In March 2017, Evonik introduced new specialty additive for safe food packaging combined with exceptional performance, including Airase 5355, Airase 5655, and Airase 4655 defoamers, as well as a new wetting agent, Surfynol 355 surfactant. All three products were developed specifically for use in food packaging applications.


Market Dynamics


Foam is mainly produced during the making of various food products and causes havoc throughout the process, which in turn, decreases the efficiency of the process. The continued growth and inclusion of industrial processes in the food industry are expected to boost the market for antifoaming agents.

The major drivers for antifoaming agent market include its extensive and varied application in several segments. This application is triggered by staggering expansion of pharmaceutical industry, packaged food industry, as well as booming potential in agricultural sector particularly in the developing economies. However, several industries are unaware of the use of antifoam products in the developing economies of the world, which creates hindrance in the market growth.


Market Segmentation


By type, the global antifoaming agent market is segmented into oilbased, siliconebased, waterbased, and other antifoaming agents. As companies are continuously trying to optimize their food producing process lines, the use of antifoaming agent is expected to get amplified over the forecast period. Siliconbased antifoaming agent is anticipated to have the highest growth rate during the forecast period. This high demand of silicone can be attributed to its low surface tension, chemical inertness, thermal stability, and complete solubility in water.

Based on application, the antifoaming agents market is segmented into food beverages, pharmaceuticals, and others. Among all the segments in the food beverage industry, antifoams have the maximum use in the brewery industry during the fermentation phase. Foaming during fermentation is an expensive phenomenon and commercial brewers regularly use fermentation vessels with considerable headspace above the beer level, to accommodate foam. The most economical solution used by manufacturers is the use of an antifoaming agent.


Regional Analysis


In 2017, North America accounted for the highest share of 32% of the antifoaming agents market, closely followed by AsiaPacific, which is also anticipated to record highest growth rate during the forecast period. The growing demand for antifoaming agents will be primarily driven by China and India as industries such as beverage industry, pharmaceuticals, and others are poised to undergo an unprecedented rate of expansion.

The market of antifoaming agent in most of the developed countries has almost reached maturity. However, Europe based companies like Struktol are still active in development of antifoaming agents to meet a wide range of requirements and applications while having a negligible effect on the production cycle itself. The products comply with European regulations for its usage as antifoaming agent during food production and processing in compliance with valid restrictions. Henceforth, the market is expected to grow steadily even in the developed regions.


MAJOR PLAYERS: BASF, EVONIK INDUSTRIES, AIR PRODUCTS AND CHEMICALS INC., WACKER CHEMIE AG, DOW CORNING CORPORATION, ECOLAB INC. NALCO, SHINETSU CHEMICAL COMPANY LTD., ASHLAND INC., KEMIRA OYJ, ELEMENTIS PLC, HIMEDIA, AND ELKAY CHEMICALS, amongst others.


Reasons to Purchase this Report


Analyzing outlook of the market with the recent trends and Porter's five forces analysis

Market dynamics which essentially consider the factors which are impelling the present market scenario along with growth opportunities of the market in the years to come

Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and noneconomic aspects

Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market

Competitive landscape involving the market share of major players along with the key strategies adopted for development in the past five years

Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major market players

3 months analyst support along with the Market Estimate sheet in excel.


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