Defoamers MarketGlobal Defoamers Market is anticipated to reach US$ 4,107.5 Mn by 2023, growing at a CAGR of 4.5% by 2023

This review is based on Transparency Market Research’s report, titled “Defoamers Market -Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023.” The report states that the opportunity in the global defoamers market will be worth US$4.10 bn by 2023 rising from US$2.76 bn in 2014. During the forecast years of 2015 and 2023, the global market will expand at a CAGR of 4.5%. Asia Pacific is expected to account for a sizeable share of 37.9% in the global defoamers market in terms of volume. The unprecedented economic development in Asia Pacific is expected to drive the growth of defoamers market in the region over the forecast years. Meanwhile, the silicone-based defoamers segment is projected to assume the lead in the global market, as the segment is estimated to rise at a CAGR of 4.6% between 2015 and 2023.

Defoamers MarketGlobal Defoamers Market is anticipated to reach US$ 4,107.5 Mn by 2023, growing at a CAGR of 4.5% by 2023

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