International.
The size of the global defoaming agents market was $5.29 billion in 2015, which is expected to reach $6.59 billion by 2021, at a CAGR of 3.8% between 2016 and 2021, according to MarketsandMarkets.
Manufacturing industry growth and increasing application demand is expected to drive the antifoaming agents market during the forecast period.
In 2015, silicone-based defoaming agents got the top share of the total market and the rate is expected to witness the second highest growth during the forecast period. The demand for silicone base is increasing due to its properties, such as low surface tension, chemical inertia, thermal stability, and complete solubility in water.
The antifoaming agent market is segmented in general terms into five regions, namely North America, Europe, Asia-Pacific, Middle East and Africa, and South America. North America is the largest market, followed closely by Asia-Pacific, in terms of value. The growing demand for applications such as paints and coatings and pulp and paper in this region is driving the sector.
