As cited by the business intelligence report titled ‘GLOBAL Defoamers Market 2019-2027’, available with Market Study Report, global defoamers market is anticipated to register a compound annual growth rate of 4.98% and 4.76% in terms of volume and revenue respectively during the forecast duration of 2019-2027.
 

As per the report findings, widespread applications of defoamers in the paints & coating as well as pulp & paper verticals coupled with rising adoption of the product in wastewater treatment plants owing to its environment-friendly nature are catalyzing global defoamers market growth.
 

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Advent of technological advancements, innovative product launches, rising disposable incomes, and strategic alliances such as mergers, joint ventures, collaborations, and acquisitions among industry participants are furthering business development.
 

Furthermore, escalating product demand from the food & beverages companies, rapid development in the e-commerce sector, and increasing investments towards wastewater projects, predominantly in Asia-Pacific region are further accelerating global defoamers market expansion.
 

Despite the positive outlook, fluctuating oil & gas prices and imposition of stringent rules by regulatory bodies will continue to barricade industry growth in the forthcoming years.
 

Elaborating on regional scope, the overall market is fragmented into Asia-Pacific, Middle East & Africa, Latin America, North America, and Europe among others.
 

Among these, Asia-Pacific defoamers market is predicted to amass significant returns over 2019-2027, on account of surging demand for coatings from the pulp & paper as well as automotive verticals.
 

Moving onwards, the leading firms which have a strong hold in this market are Eastman Chemical Company, Basildon Chemical Co. Ltd., Clariant SE, Dow Corning Corporation, Kemira Oyj, Wacker Chemie AG, Henkel AG & Co. KGaA, Elementis plc, Evonik Industries AG, and BASF SE among others.