Water-based Defoamers Market Analysis: Global Growth Expected at a CAGR of 7.72%

SAN JOSE, Calif. - March 28, 2021 - PRLog -- Market Insights

The Water-based Defoamers market was valued at USD 575 million in 2020 and expected to grow at a CAGR of 7.72% during the forecast period from 2021 to 2027 to reach around USD 1,035 million in 2027.

Global Water-based Defoamers Market, 2015 – 2027 (USD Million)

Defoamers which are also referred as an antifoaming agent are chemical additives used to curtail the formation of foam during various industrial procedures. Defoamers are not soluble in foaming medium and exhibit excellent surface-active properties. These properties facilitate foams to be easily spread over the foaming surface. Defoamers with various types of oils and waxes distributed in its are called as water based defoamers. Typically, the water based defoamers include oils such as mineral oils or vegetable oils. On the other hand waxes dispersed in water based defoamers include, fatty acid soaps, esters and long-chain fatty alcohol.

Impact of COVID 19 on Global Water-based Defoamers Market

COVID 19 has left an unparalleled impact on growth of global Water-based Defoamers market (https://www.credenceresearch.com/report/water-based-defoa...). The global Water-based Defoamers has witnessed very severe setback like never before. The demand for Water-based Defoamers is expected to be plunged by almost 20% in 2020, in terms of both volume as well as revenue. However, with the beginning of unlock process across the world and anticipation of COVID 19 vaccine to be launched during first half of 2020 is expected to bring recovery in demand for Water-based Defoamers.

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