Antifoaming agents are chemical compounds or mixtures that reduce and hinder the formation of foam in industrial processes. They are widely used in different industries such as pharmaceuticals, food and beverages, pulp and paper, paints and coatings, textile, detergents and others. Antifoaming agents provide advantages such as preventing foam formation during production processes, easier handling of products and improved quality. As foam can potentially damage machines and reduce efficiency, antifoaming agents play a crucial role in smooth functioning of various industrial operations.
The Global Antifoaming Agent Market is estimated to be valued at US$ 6.08 Bn in 2024 and is expected to exhibit a CAGR of 4.5% over the forecast period 2024 To 2031.
Key Takeaways
Key players operating in the Global Antifoaming Agent market are BASF, Evonik Industries, Air Products and Chemicals, Inc., Wacker Chemie AG, DOW Corning Corporation, Mohini Organics Pvt. Ltd, Harmony Additives Pvt Ltd., Vizag chemical, Dadia Chemicals, Sri Saibaba Chemical Industries, CDH Fine Chemicals, Kemira, Ashland, Sinograce Chemical Company, Clariant AG.
The key opportunities in the market include rising demand from emerging economies and growing use of antifoaming agents in various end use industries.
Advancements in antifoaming agent formulations with improved efficiency, compatibility and stability are expected to drive the market during the forecast period.
Market Drivers
Increasing use of Antifoaming Agent Market Size in pharmaceutical and personal care products is a key factor driving the market. Antifoaming agents are commonly used in industrial processes to manufacture tablets, capsules, syrups and creams which is propelling the demand.
Growing food processing industry is another major market driver. Antifoaming agents find widespread application in food processing to prevent foaming during cooking, sterilization and packaging. Increasing demand for packaged and processed foods is thereby supplementing market growth.
Rising end use industries such as paints and coatings, textile, mining, petrochemical and oil and gas is fueling the consumption of antifoaming agents globally. Emergence of various applications where antifoaming properties are required is positively impacting the market expansion.
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