Product ID: SQMIG15E2517
Report ID:
SQMIG15E2517 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
64 |
Figures:
69
The Asia Pacific region dominates the global demand for defoaming coating additives at present. The presence of robust automotive manufacturing and coatings industries in this region contributes to the high market share. Increasing industrialization and urbanization have led to expanding construction activity in the Asia Pacific region, which in turn, is forecasted to bolster sales of defoaming coating additives. With China leading the market growth in this region, India and Japan are also slated to be highly opportune markets for defoaming coating additives companies going forward.
A prominent chunk of the global defoaming coating additives market share is also held by North America. A high focus on sustainability in this region is slated to uplift sales of water-based defoaming coating additives. Growing demand for smooth finishes and the high spending potential of consumers are pushing the demand for defoaming coating additives in different applications. The United States and Canada are slated to be the prime markets for defoaming coating additives in the North American region across the forecast period.
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Product ID: SQMIG15E2517