Defoamers Market to Expand with Significant CAGR 4.0% by 2026
The global defoamers market was valued at around US$ 7,000.0 Mn in 2017 and is anticipated to expand at a CAGR of more than 4.0% from 2018 to 2026, according to a new research report published by Transparency Market Research (TMR) titled ‘Defoamers Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.’ Rise in demand for defoamers in water treatment and paints & coatings industries drives the global defoamers market. Asia Pacific accounted for a major share of the global defoamers market. In terms of demand, China accounted for a dominant share of the market in the region. The defoamers market in Asia Pacific is projected to expand at a CAGR of around 5.0% during the forecast period. Rise in Utilization of Defoamers in Paper & Pulp Industry Defoamers play a vital role in pulp and paper mills, as they hamper the formation of foam. They are surface active agents such as esters or amides of fatty acids and PE glycols. Build-up of...