Defoaming Coating Additive Market Report, Size & Share | 2022-27
Market Overview:
During the projected period, the market for defoaming coating additive is expected to rise at a CAGR of more than 4%. The construction sector’s extensive usage of defoaming coating additives in the development of emulsion paints and coatings is projected to boost market expansion. Increased demand from the wood and furniture sectors is also likely to drive the market, since these additives are largely employed in the production of wood paints and primers. On the other hand, a slowdown in global car production has hampered market growth.
Building and construction sector demand is increasing due to increased urbanisation, which is a major factor driving the growth of the defoaming coating additive market.
Opportunities will occur in the future from the development of novel defoamers that meet food contact standards for adhesives, paper coating applications, and packaging.
Due to rising building and construction and industrial sectors where defoaming coating additives find numerous uses, Asia-Pacific is expected to be the fastest-growing market.
Scope of the Report
The defoaming coating additive market report includes: Read Full Report
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