Global Defoaming Coating Additives Market Size, Share, Growth Analysis, By Technology(Water-Borne, and Solvent-Borne), By Application(Building & Construction, Automotive Coatings) - Industry Forecast 2024-2031

Drivers

Rapidly Expanding Construction Activity

• Rising disposable income, urbanization, and industrialization are key factors that have resulted in increased construction activity worldwide. Defoaming coating additives are extensively used in different construction applications and thereby drive market growth as well.

Growing Adoption of High-Performance Coatings

• High-performance coatings are being extensively used in construction, aerospace, and automotive industry verticals and to make these coatings the use of defoaming coating additives is essential. This growing demand for high-performance coatings will also bolster the defoaming coating additives market growth going forward.

Restraints

Fluctuating Raw Material Costs

• Raw materials required to manufacture defoaming coating additives are subject to cost fluctuations due to several reasons such as supply chain disruptions, trade restrictions, political instability, etc. This could slow down the demand and supply of raw defoaming coating additives and even squeeze the profit margins of market players thereby hurting defoaming coating additives market development to a certain extent.

Compatibility Issues

• Defoaming coating additives are not a one size fits all solution and this is why all defoaming coating additives need to be optimized to be compatible with different coatings and this compatibility issue could slow down the overall defoaming coating additives market development across the forecast period and beyond.