Future Market Insights (FMI) presents in-depth analysis of defoamers market. It identifies hidden opportunities across segments in terms of product, medium of dispersion, and application and forecasts the sales of polymer-type defoamers to remain high through 2031, followed by aqueous defoamers.
Future Market Insights, Dubai: Increasing demand for resources for clean water in various end-use industries such as textile, construction, pulp and paper, and others is bolstering defoamers market growth. As per a recent market analysis by ESOMAR-certified consulting firm Future Market Insights (FMI), the defoamers market reached US$ 2.1 Bn in 2021.
Cost-effectiveness and reusability of defoamers are chief factors driving applications across diverse industries. Driven by these trends, the market valuation is anticipated to reach US$ 1.9 Bn by 2031, expanding at a steady 4% CAGR.
Sales prospects were however dampened by the onset of the coronavirus outbreak. However, with resumptions in operations of various end-use industries, recovery of the defoamers sales is on cards, with the market expanding at 3.4% CAGR in terms of volume.
Besides this, application in paints and coatings, water and wastewater treatment, and the cosmetics industries is anticipated to propel sales in the coming years. Research and development activities aimed at product advancements will further encourage applications of defoamers.
As environmental concerns are on a rise, several government bodies have issues stringent rules to prevent water contamination in natural resources. To adhere to such stringent regulations, manufactures are focusing on product development to improve sales.
FMI’s regional analysis projects high growth trends in the defoamers market in the U.S. Growth can be attributed to the increasing consumption of defoamers in the pulp and paper industries, which will account for maximum sales in the country.
“Increasing applications of defoamers in various end-use industries such as chemical, cosmetic, paper, and pulp will continue augmenting the market growth. Keeping stringent environment conservations in mind, product innovations will gain high significance among key players in the market,” says the FMI analyst.
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Key players operating in the defoamers market are focusing on new product launches that are aligned with industry-specific needs. Inorganic strategies including mergers, acquisitions, and collaborations are further improving expansion prospects for players in the market. For instance:
Leading players operating in Defoamers Market profiled by FMI include:
More Insights on FMI’s Defoamers Market
The latest market study on the defoamers market by Future Market Insights gives a detailed segmentation for the forecast period of 2021-2031. In order to gain a better perspective of the global defoamer market potential, its growth, trends, and opportunities, the market is segmented on the basis of:
Medium of Dispersion:
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Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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