The Global Antifoaming Agent Market is driven by growing demand from various end-use industries. Antifoaming agents are chemical compounds that reduce and hinder the formation of foam in industrial processes, domestic and commercial liquid and equipment. They are commonly used in industrial applications such as oil & gas extraction and transportation, food processing, pulp & paper and paints & coatings.

The Global Antifoaming Agent Market is estimated to be valued at US$ 8.28 Bn in 2024 and is expected to exhibit a CAGR of 4.5% over the forecast period from 2024 to 2031.

Antifoaming agents are critical additives used in industrial processes to reduce unwanted foam. They inhibit bubble and froth formation that can interfere with manufacturing processes. Growing demand from end-use industries such as food processing, oil & gas, paints & coatings is a key factor driving demand for antifoaming agents globally.

Key Takeaways

Key players operating in the Global Antifoaming Agent Market are BASF, Evonik Industries, Air Products and Chemicals, Inc., Wacker Chemie AG, DOW Corning Corporation, Mohini Organics Pvt. Ltd, Harmony Additives Pvt Ltd., Vizag chemical, Dadia Chemicals, Sri Saibaba Chemical Industries, CDH Fine Chemicals, Kemira, Ashland, Sinograce Chemical Company, Clariant AG. BASF is one of the leading producers with a wide range of silicone and non-silicone based antifoaming agents.

The Global Antifoaming Agent Market Growth is expected to witness increased demand due to rapid industrialization and growing consumption in developing nations across Asia Pacific and Latin America. Stringent regulations regarding clean label and sustainable products are driving innovation for bio-based and natural antifoaming agents.

The Global Antifoaming Agent Market is poised to experience higher growth in industrial applications such as oil & gas extraction and food processing industries. The oil & gas industry requires antifoaming agents in separation and transportation of crude oil and natural gas. Growing energy needs will further boost market growth.