Global Defoaming Coating Additives Market to be Worth $1328.8 Million by 2019
FORT WORTH, Texas, August 4, 2015 /PRNewswire/ --
According to the new Market Research Report "Global Defoaming Coating Additives Market by Application (Architectural, Industrial, Wood & Furniture, Automotive, Others), by Geography (Asia-Pacific, North America, Europe, RoW) - Analysis and Forecast to 2019", The global defoaming coating additives market was valued at $960.8 million in 2014, which is estimated to reach $1328.8 million by 2019, at a CAGR of 6.7% from 2014 to 2019.
Browse through the TOC of Global Defoaming Coating Additives Market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.
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The global defoaming coating additives market is witnessing owing to extensive use of these additives in end-use industries. These additives have different characteristics as per their manufacturing and application requirement in the end products. The Asia-Pacific region is expected to dominate this market with its growing demand for defoaming coating additives in different applications, especially the architectural, industrial, wood & furniture, and automotive industry. Asia-Pacific and North America markets are estimated to witness extensive growth in demand for defoaming coating additives in coming years.
Joint ventures, acquisitions, expansions, and new product launches are the key strategies adopted by the market players. The manufacturing companies, associations, and end-product manufacturers infuse high investments for future advancements and technology modifications of defoaming coating additives to match the increasing demands coming from various end-user industries
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Key Players of the Global Defoaming Coating Additives Market include:
BASF SE (Germany), The Dow Chemical Company (U.S.), BYK-Chemie GmbH (Germany), Asahi Kasei Corporation (Japan), Daikin Industries Ltd. (Japan), Arkema S.A. (France), Ashland Inc. (U.S.), AkzoNobel N.V. (The Netherlands), and Evonik Industries (Germany).
The high demand across end-user industries, such as architectural, industrial, wood & furniture, and automotive will increase the overall defoaming coating additives consumption.
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