The global Anti Foaming Agents Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Product (Water-Based, Oil-Based, Silicone-Based, Others), By Application (Food & Beverages, Pharmaceuticals, Oil & Gas, Textile, Pulp & Paper, Others).
The Anti-Foaming Agents Market is witnessing steady expansion as industries seek effective solutions to control foam formation in food processing, pharmaceuticals, water treatment, and industrial manufacturing. These agents, including silicone-based, oil-based, and polymer-based formulations, play a crucial role in enhancing process efficiency by preventing foam-related disruptions, improving fluid flow, and reducing contamination risks. The increasing demand for high-performance and food-grade defoamers is driving innovations in biodegradable and non-toxic formulations, particularly in the food & beverage and personal care sectors. However, challenges such as regulatory restrictions on certain chemical-based antifoaming agents, fluctuating raw material costs, and the need for tailored formulations across different applications impact market dynamics. Research into bio-based alternatives and nano-engineered defoamers is expected to shape the future of the market, addressing sustainability concerns while maintaining high efficacy in foam control.
The market report analyses the leading companies in the industry including Arkema, Ashland, BASF SE, Clariant, Dow, Evonik Industries AG, Huntsman Corp, Lubrizol Corp, Solvay, Wacker Chemie AG, and others.
The anti-foaming agents market is witnessing a trend toward the growing use of silicone-based agents in industrial applications. With superior foam-suppressing efficiency, thermal stability, and chemical resistance, silicone-based defoamers are increasingly being used in wastewater treatment, oil and gas processing, and chemical manufacturing. These agents effectively prevent foam formation in high-temperature and high-shear environments, making them ideal for heavy industrial operations. The trend is driving the demand for advanced, high-performance anti-foaming solutions.
The increasing demand for anti-foaming agents in the food and beverage industry is a major driver for the market. With growing food production volumes, manufacturers are using anti-foaming agents to prevent foam formation during mixing, fermentation, and bottling processes. In dairy, beverage, and confectionery production, foam control ensures process efficiency and product consistency. Additionally, the rising consumption of processed and packaged foods is driving demand for food-grade anti-foaming agents.
A significant opportunity in the anti-foaming agents market lies in the development of bio-based and sustainable solutions. With increasing regulatory pressure on synthetic chemicals, there is growing demand for eco-friendly, biodegradable, and plant-derived anti-foaming agents. Companies investing in natural oil- or polymer-based defoamers with comparable efficiency to silicones can capture new market opportunities, particularly in food, cosmetics, and pharmaceutical applications.
In China, the anti-foaming agents market is driven by the country’s expanding industrial manufacturing, wastewater treatment, and food processing sectors. The rapid growth of chemical and pharmaceutical production facilities is fueling the demand for silicone- and oil-based anti-foaming agents to prevent foam formation during chemical reactions and processing. The increasing focus on water conservation and environmental regulations is promoting the use of anti-foaming agents in wastewater treatment plants, where foam control is essential for efficient water processing. Additionally, the growing food and beverage industry is driving the adoption of food-grade anti-foaming agents in beverage production, dairy processing, and fermentation processes to maintain product consistency and prevent foam-related quality issues. The rising demand for oil and gas refining is also boosting the use of anti-foaming agents to enhance process efficiency and reduce operational disruptions. Moreover, China’s expanding pulp and paper industry, driven by packaging and e-commerce growth, is increasing the use of anti-foaming agents in paper manufacturing to optimize production output and quality.
In India, the anti-foaming agents market is driven by the country’s growing industrialization and expansion of key sectors such as textiles, pharmaceuticals, and food processing. The increasing textile manufacturing activities are promoting the use of anti-foaming agents in dyeing, bleaching, and finishing processes to prevent foam formation and enhance operational efficiency. The expanding pharmaceutical sector is also fueling demand for anti-foaming agents in drug formulation and bioprocessing applications, where foam control is critical for consistent product quality. Additionally, the rising investments in wastewater treatment plants, driven by government initiatives for clean water management, are boosting the use of anti-foaming agents to control foam during effluent treatment. The food and beverage industry is another significant driver, with anti-foaming agents being used in dairy, beverage, and processed food production to maintain product consistency. Moreover, India’s growing oil and gas refining sector is increasingly adopting anti-foaming agents to improve process efficiency and reduce production downtime.
In the United States, the anti-foaming agents market is driven by the country’s robust industrial, food processing, and pharmaceutical sectors. The increasing use of anti-foaming agents in wastewater treatment plants is a key driver, as municipalities and industrial facilities prioritize effective foam control to comply with environmental regulations. The country’s thriving food and beverage industry is also boosting demand, with anti-foaming agents being widely used in dairy processing, brewing, and juice production to prevent foam formation and maintain product consistency. Additionally, the expanding oil and gas sector is driving the use of anti-foaming agents in refining and drilling operations to enhance process efficiency and prevent production interruptions. The growing pharmaceutical and biotechnology industries are further contributing to market growth, with anti-foaming agents being used in drug formulation and bioprocessing applications. Moreover, the U.S. market is witnessing increasing demand for eco-friendly and biodegradable anti-foaming agents, driven by sustainability concerns and regulatory compliance requirements.
In Germany, the anti-foaming agents market is driven by the country’s advanced industrial manufacturing, chemical processing, and wastewater treatment sectors. The growing chemical and pharmaceutical industries are fueling demand for anti-foaming agents to control foam during chemical reactions, fermentation, and formulation processes, ensuring operational efficiency and product quality. The increasing focus on sustainable wastewater treatment solutions is promoting the use of anti-foaming agents in municipal and industrial effluent treatment plants to optimize process efficiency and reduce foam-related issues. Additionally, Germany’s expanding food and beverage sector is driving the adoption of food-grade anti-foaming agents in brewing, dairy, and juice processing operations. The country’s rising paper and pulp production, driven by demand for sustainable packaging solutions, is also contributing to market growth, with anti-foaming agents being used to improve production consistency and reduce foam-related production issues. Moreover, Germany’s emphasis on eco-friendly chemical formulations is promoting the use of biodegradable and silicone-free anti-foaming agents across industries.
In France, the anti-foaming agents market is driven by the country’s strong food processing, pharmaceutical, and wastewater treatment industries. The expanding food and beverage sector is boosting the use of anti-foaming agents in wine production, dairy processing, and brewing operations to prevent foam formation and ensure consistent product quality. The country’s pharmaceutical and biotechnology industries are also fueling demand, with anti-foaming agents being used in drug formulation, fermentation, and bioprocessing applications. Additionally, the growing emphasis on effective wastewater treatment is promoting the use of anti-foaming agents in municipal and industrial effluent treatment plants to optimize processing efficiency and prevent foam-related operational issues. The chemical manufacturing sector is another key driver, where anti-foaming agents are used in chemical processing and formulation operations. Moreover, France’s increasing focus on sustainable and eco-friendly industrial practices is driving the adoption of bio-based and biodegradable anti-foaming agents, particularly in the food and beverage sector.
In the Middle East, the anti-foaming agents market is driven by the region’s expanding oil and gas, wastewater treatment, and food processing industries. The growing oil refining and petrochemical production activities in countries such as Saudi Arabia and the UAE are driving demand for anti-foaming agents to prevent foam formation during refining, drilling, and gas processing operations. The increasing focus on water desalination and wastewater treatment projects is promoting the use of anti-foaming agents to optimize water processing efficiency and prevent foam-related operational disruptions. Additionally, the expanding food and beverage sector is boosting the adoption of food-grade anti-foaming agents in beverage production, dairy processing, and confectionery manufacturing. The region’s growing pharmaceutical industry is also contributing to market growth, with anti-foaming agents being used in drug formulation and biopharmaceutical processes. Moreover, the Middle East’s increasing adoption of environmentally sustainable practices is promoting the use of eco-friendly and biodegradable anti-foaming agents, particularly in water treatment and food processing applications.
|
Parameter |
Details |
|
Market Size (2025) |
$6.3 Billion |
|
Market Size (2034) |
$9.3 Billion |
|
Market Growth Rate |
4.4% |
|
Segments |
By Product (Water-Based, Oil-Based, Silicone-Based, Others), By Application (Food & Beverages, Pharmaceuticals, Oil & Gas, Textile, Pulp & Paper, Others) |
|
Study Period |
2019- 2024 and 2025-2034 |
|
Units |
Revenue (USD) |
|
Qualitative Analysis |
Porter’s Five Forces, SWOT Profile, Market Share, Scenario Forecasts, Market Ecosystem, Company Ranking, Market Dynamics, Industry Benchmarking |
|
Companies |
Arkema, Ashland, BASF SE, Clariant, Dow, Evonik Industries AG, Huntsman Corp, Lubrizol Corp, Solvay, Wacker Chemie AG |
|
Countries |
US, Canada, Mexico, Germany, France, Spain, Italy, UK, Russia, China, India, Japan, South Korea, Australia, South East Asia, Brazil, Argentina, Middle East, Africa |
By Product
Water-Based
Oil-Based
Silicone-Based
Others
By Application
Food & Beverages
Pharmaceuticals
Oil & Gas
Textile
Pulp & Paper
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Arkema
Ashland
BASF SE
Clariant
Dow
Evonik Industries AG
Huntsman Corp
Lubrizol Corp
Solvay
Wacker Chemie AG
*- List Not Exhaustive
About USD Analytics
Table of Contents
List of Charts and Exhibits
List of Tables
1. Executive Summary
What’s New in 2025?
Top 10 Takeaways from the industry
Potential Opportunities for Industry Stakeholders
Strategic Imperatives
Company Market Positioning
Industry Benchmarking Matrix
2. Research Scope and Methodology
Market Definition
- Market Segments
- Companies Profiled
Research Methodology
- Bottom-Up Method
- Top-Down Method
- Data Triangulation
Forecast Methodology
- Data Sources
- USDA Proprietary Databases
- External Sources
- Primary Research and Interviews
Conversion Rates for USD
Abbreviations
3. Strategic Landscape: Key Insights and Implications
Spotlight: Key Strategies opted by Business Leaders
Competitive Landscape
Market Size ($ Million) and Share (%) by Company, 2024
SWOT Analysis
- Key Market Strengths
- Key Market Weaknesses
- Potential Opportunities
- Potential Threats
Porter’s Five Force Analysis
- Summary
- Bargaining Power of Buyers- Impact Analysis
- Bargaining Power of Suppliers- Impact Analysis
- Threat of new entrants- Impact Analysis
- Intensity of Competitive Rivalry- Impact Analysis
Macro-Environmental Analysis
- Economic forecasts by Country, 2010- 2035
- Population forecasts by Country, 2010- 2035
- Inflation Outlook by Country, 2010-2035
- Impact of Russia-Ukraine Conflict, Sluggish China Growth, US Developments
5. Growth Opportunity Analysis
Trends at a Glance
- What are the most noteworthy trends in the market
- Where should leaders pay attention?
- What industries are likely to be affected by the growth?
Market Dynamics
- Charting a path forward
- Growth Drivers
- Growth Barriers
Key Industry Stakeholders
- Suppliers
- Manufacturers and Service Providers
- Distribution Channels
- End-Users and Applications
- Regulators
- Investors, Traders, and R&D Institutes
Regulatory Landscape
6. Market Size Outlook to 2034
Global Anti Foaming Agents Market Size Forecast, USD Million, 2018- 2034
- Historic Market Size, 2018- 2024
- Forecast Market Size, 2024- 2034
Scenario Analysis
- Low Growth Scenario: Definition and Outlook to 2034
- Reference Case: Definition and Outlook to 2034
- High Growth Scenario: Definition and Outlook to 2034
Pricing Analysis and Outlook
- Anti Foaming Agents Average Price Forecast, 2021- 2034
- Key Factors Shaping the Pricing Patterns
7. Historical Anti Foaming Agents Market Size by Segments, 2018- 2024
Key Statistics, 2024
Anti Foaming Agents Market Size Outlook by Type, USD Million, 2018- 2024
Growth Comparison (y-o-y) across Anti Foaming Agents Types, 2018- 2024
Anti Foaming Agents Market Size Outlook by Application, USD Million, 2018- 2024
Growth Comparison (y-o-y) across Anti Foaming Agents Applications, 2018- 2024
8. Anti Foaming Agents Market Size Outlook by Segments, 2024- 2034
By Product
Water-Based
Oil-Based
Silicone-Based
Others
By Application
Food & Beverages
Pharmaceuticals
Oil & Gas
Textile
Pulp & Paper
Others
9. Anti Foaming Agents Market Size Outlook by Region
North America
Key Market Dynamics
North America Anti Foaming Agents Market Size Outlook by Type, USD Million, 2021-2034
North America Anti Foaming Agents Market Size Outlook by Application, USD Million, 2021-2034
North America Anti Foaming Agents Market Size Outlook by Sales Channel, USD Million, 2021-2034
North America Anti Foaming Agents Market Size Outlook by Country, USD Million, 2021-2034
Europe
Key Market Dynamics
Europe Anti Foaming Agents Market Size Outlook by Type, USD Million, 2021-2034
Europe Anti Foaming Agents Market Size Outlook by Application, USD Million, 2021-2034
Europe Anti Foaming Agents Market Size Outlook by Sales Channel, USD Million, 2021-2034
Europe Anti Foaming Agents Market Size Outlook by Country, USD Million, 2021-2034
Asia Pacific
Key Market Dynamics
Asia Pacific Anti Foaming Agents Market Size Outlook by Type, USD Million, 2021-2034
Asia Pacific Anti Foaming Agents Market Size Outlook by Application, USD Million, 2021-2034
Asia Pacific Anti Foaming Agents Market Size Outlook by Sales Channel, USD Million, 2021-2034
Asia Pacific Anti Foaming Agents Market Size Outlook by Country, USD Million, 2021-2034
South America
Key Market Dynamics
South America Anti Foaming Agents Market Size Outlook by Type, USD Million, 2021-2034
South America Anti Foaming Agents Market Size Outlook by Application, USD Million, 2021-2034
South America Anti Foaming Agents Market Size Outlook by Sales Channel, USD Million, 2021-2034
South America Anti Foaming Agents Market Size Outlook by Country, USD Million, 2021-2034
Middle East and Africa
Key Market Dynamics
Middle East and Africa Anti Foaming Agents Market Size Outlook by Type, USD Million, 2021-2034
Middle East and Africa Anti Foaming Agents Market Size Outlook by Application, USD Million, 2021-2034
Middle East and Africa Anti Foaming Agents Market Size Outlook by Sales Channel, USD Million, 2021-2034
Middle East and Africa Anti Foaming Agents Market Size Outlook by Country, USD Million, 2021-2034
10. United States Anti Foaming Agents Market Analysis and Outlook, 2021- 2034
Key Statistics
United States Anti Foaming Agents Market Size Outlook by Type, 2021- 2034
United States Anti Foaming Agents Market Size Outlook by Application, 2021- 2034
United States Anti Foaming Agents Market Size Outlook by End-User, 2021- 2034
11. Canada Anti Foaming Agents Market Analysis and Outlook, 2021- 2034
Key Statistics
Canada Anti Foaming Agents Market Size Outlook by Type, 2021- 2034
Canada Anti Foaming Agents Market Size Outlook by Application, 2021- 2034
Canada Anti Foaming Agents Market Size Outlook by End-User, 2021- 2034
12. Mexico Anti Foaming Agents Market Analysis and Outlook, 2021- 2034
Key Statistics
Mexico Anti Foaming Agents Market Size Outlook by Type, 2021- 2034
Mexico Anti Foaming Agents Market Size Outlook by Application, 2021- 2034
Mexico Anti Foaming Agents Market Size Outlook by End-User, 2021- 2034
13. Germany Anti Foaming Agents Market Analysis and Outlook, 2021- 2034
Key Statistics
Germany Anti Foaming Agents Market Size Outlook by Type, 2021- 2034
Germany Anti Foaming Agents Market Size Outlook by Application, 2021- 2034
Germany Anti Foaming Agents Market Size Outlook by End-User, 2021- 2034
14. France Anti Foaming Agents Market Analysis and Outlook, 2021- 2034
Key Statistics
France Anti Foaming Agents Market Size Outlook by Type, 2021- 2034
France Anti Foaming Agents Market Size Outlook by Application, 2021- 2034
France Anti Foaming Agents Market Size Outlook by End-User, 2021- 2034
15. United Kingdom Anti Foaming Agents Market Analysis and Outlook, 2021- 2034
Key Statistics
United Kingdom Anti Foaming Agents Market Size Outlook by Type, 2021- 2034
United Kingdom Anti Foaming Agents Market Size Outlook by Application, 2021- 2034
United Kingdom Anti Foaming Agents Market Size Outlook by End-User, 2021- 2034
16. Spain Anti Foaming Agents Market Analysis and Outlook, 2021- 2034
Key Statistics
Spain Anti Foaming Agents Market Size Outlook by Type, 2021- 2034
Spain Anti Foaming Agents Market Size Outlook by Application, 2021- 2034
Spain Anti Foaming Agents Market Size Outlook by End-User, 2021- 2034
17. Italy Anti Foaming Agents Market Analysis and Outlook, 2021- 2034
Key Statistics
Italy Anti Foaming Agents Market Size Outlook by Type, 2021- 2034
Italy Anti Foaming Agents Market Size Outlook by Application, 2021- 2034
Italy Anti Foaming Agents Market Size Outlook by End-User, 2021- 2034
18. Benelux Anti Foaming Agents Market Analysis and Outlook, 2021- 2034
Key Statistics
Benelux Anti Foaming Agents Market Size Outlook by Type, 2021- 2034
Benelux Anti Foaming Agents Market Size Outlook by Application, 2021- 2034
Benelux Anti Foaming Agents Market Size Outlook by End-User, 2021- 2034
19. Nordic Anti Foaming Agents Market Analysis and Outlook, 2021- 2034
Key Statistics
Nordic Anti Foaming Agents Market Size Outlook by Type, 2021- 2034
Nordic Anti Foaming Agents Market Size Outlook by Application, 2021- 2034
Nordic Anti Foaming Agents Market Size Outlook by End-User, 2021- 2034
20. Rest of Europe Anti Foaming Agents Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Europe Anti Foaming Agents Market Size Outlook by Type, 2021- 2034
Rest of Europe Anti Foaming Agents Market Size Outlook by Application, 2021- 2034
Rest of Europe Anti Foaming Agents Market Size Outlook by End-User, 2021- 2034
21. China Anti Foaming Agents Market Analysis and Outlook, 2021- 2034
Key Statistics
China Anti Foaming Agents Market Size Outlook by Type, 2021- 2034
China Anti Foaming Agents Market Size Outlook by Application, 2021- 2034
China Anti Foaming Agents Market Size Outlook by End-User, 2021- 2034
22. India Anti Foaming Agents Market Analysis and Outlook, 2021- 2034
Key Statistics
India Anti Foaming Agents Market Size Outlook by Type, 2021- 2034
India Anti Foaming Agents Market Size Outlook by Application, 2021- 2034
India Anti Foaming Agents Market Size Outlook by End-User, 2021- 2034
23. Japan Anti Foaming Agents Market Analysis and Outlook, 2021- 2034
Key Statistics
Japan Anti Foaming Agents Market Size Outlook by Type, 2021- 2034
Japan Anti Foaming Agents Market Size Outlook by Application, 2021- 2034
Japan Anti Foaming Agents Market Size Outlook by End-User, 2021- 2034
24. South Korea Anti Foaming Agents Market Analysis and Outlook, 2021- 2034
Key Statistics
South Korea Anti Foaming Agents Market Size Outlook by Type, 2021- 2034
South Korea Anti Foaming Agents Market Size Outlook by Application, 2021- 2034
South Korea Anti Foaming Agents Market Size Outlook by End-User, 2021- 2034
25. Australia Anti Foaming Agents Market Analysis and Outlook, 2021- 2034
Key Statistics
Australia Anti Foaming Agents Market Size Outlook by Type, 2021- 2034
Australia Anti Foaming Agents Market Size Outlook by Application, 2021- 2034
Australia Anti Foaming Agents Market Size Outlook by End-User, 2021- 2034
26. South East Asia Anti Foaming Agents Market Analysis and Outlook, 2021- 2034
Key Statistics
South East Asia Anti Foaming Agents Market Size Outlook by Type, 2021- 2034
South East Asia Anti Foaming Agents Market Size Outlook by Application, 2021- 2034
South East Asia Anti Foaming Agents Market Size Outlook by End-User, 2021- 2034
27. Rest of Asia Pacific Anti Foaming Agents Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Asia Pacific Anti Foaming Agents Market Size Outlook by Type, 2021- 2034
Rest of Asia Pacific Anti Foaming Agents Market Size Outlook by Application, 2021- 2034
Rest of Asia Pacific Anti Foaming Agents Market Size Outlook by End-User, 2021- 2034
28. Brazil Anti Foaming Agents Market Analysis and Outlook, 2021- 2034
Key Statistics
Brazil Anti Foaming Agents Market Size Outlook by Type, 2021- 2034
Brazil Anti Foaming Agents Market Size Outlook by Application, 2021- 2034
Brazil Anti Foaming Agents Market Size Outlook by End-User, 2021- 2034
29. Argentina Anti Foaming Agents Market Analysis and Outlook, 2021- 2034
Key Statistics
Argentina Anti Foaming Agents Market Size Outlook by Type, 2021- 2034
Argentina Anti Foaming Agents Market Size Outlook by Application, 2021- 2034
Argentina Anti Foaming Agents Market Size Outlook by End-User, 2021- 2034
30. Rest of South America Anti Foaming Agents Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of South America Anti Foaming Agents Market Size Outlook by Type, 2021- 2034
Rest of South America Anti Foaming Agents Market Size Outlook by Application, 2021- 2034
Rest of South America Anti Foaming Agents Market Size Outlook by End-User, 2021- 2034
31. United Arab Emirates Anti Foaming Agents Market Analysis and Outlook, 2021- 2034
Key Statistics
United Arab Emirates Anti Foaming Agents Market Size Outlook by Type, 2021- 2034
United Arab Emirates Anti Foaming Agents Market Size Outlook by Application, 2021- 2034
United Arab Emirates Anti Foaming Agents Market Size Outlook by End-User, 2021- 2034
32. Saudi Arabia Anti Foaming Agents Market Analysis and Outlook, 2021- 2034
Key Statistics
Saudi Arabia Anti Foaming Agents Market Size Outlook by Type, 2021- 2034
Saudi Arabia Anti Foaming Agents Market Size Outlook by Application, 2021- 2034
Saudi Arabia Anti Foaming Agents Market Size Outlook by End-User, 2021- 2034
33. Rest of Middle East Anti Foaming Agents Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Middle East Anti Foaming Agents Market Size Outlook by Type, 2021- 2034
Rest of Middle East Anti Foaming Agents Market Size Outlook by Application, 2021- 2034
Rest of Middle East Anti Foaming Agents Market Size Outlook by End-User, 2021- 2034
34. South Africa Anti Foaming Agents Market Analysis and Outlook, 2021- 2034
Key Statistics
South Africa Anti Foaming Agents Market Size Outlook by Type, 2021- 2034
South Africa Anti Foaming Agents Market Size Outlook by Application, 2021- 2034
South Africa Anti Foaming Agents Market Size Outlook by End-User, 2021- 2034
35. Rest of Africa Anti Foaming Agents Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Africa Anti Foaming Agents Market Size Outlook by Type, 2021- 2034
Rest of Africa Anti Foaming Agents Market Size Outlook by Application, 2021- 2034
Rest of Africa Anti Foaming Agents Market Size Outlook by End-User, 2021- 2034
36. Key Companies
Market Share Analysis
Arkema
Ashland
BASF SE
Clariant
Dow
Evonik Industries AG
Huntsman Corp
Lubrizol Corp
Solvay
Wacker Chemie AG
Company Benchmarking
Financial Analysis
37. Recent Market Developments
38. Appendix
Looking Ahead
Research Methodology
Legal Disclaimer
By Product
Water-Based
Oil-Based
Silicone-Based
Others
By Application
Food & Beverages
Pharmaceuticals
Oil & Gas
Textile
Pulp & Paper
Others
The Global Anti Foaming Agents Market Size is estimated at $6.3 Billion in 2025 and is forecast to register an annual growth rate (CAGR) of 4.4% to reach $9.3 Billion by 2034.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
Arkema, Ashland, BASF SE, Clariant, Dow, Evonik Industries AG, Huntsman Corp, Lubrizol Corp, Solvay, Wacker Chemie AG
Base Year- 2024; Estimated Year- 2025; Historic Period- 2019-2024; Forecast period- 2025 to 2034; Currency: Revenue (USD); Volume