Market Size of Defoaming Coating Additive Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 4.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Defoaming Coating Additive Market Analysis
The market for defoaming coating additive is expected to grow at a CAGR of over 4% during the forecast period. Extensive use of defoaming coating additives in the construction sector for developing emulsion paints and coatings is expected to drive the market growth. Increased demand from wood & furniture industries is also expected to propel its market where these additives are heavily used to manufacture wood paints and primers. On the flip side, slow down in global automotive production has hindered the growth of the market.
- Demand from the building and construction industry is on the rise because of the rapid urbanization which is a key factor boosting the growth of the defoaming coating additive market.
- Future opportunities will arise from developing new defoamers that comply with food contact regulations for adhesives, paper coating applications, and packaging.
- Asia-Pacific is forecasted to be the fastest-growing market owing to booming building & construction and industrial sectors where defoaming coating additives find diverse applications.
