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The textiles segment is estimated to reach $64 million by 2023 at a CAGR of 4.4%. Pulp & paper and paints & coatings segments jointly accounted for about 43.5% of the North America anti-foaming agent market in 2016, with the former constituting around 28.9% share. The oil & gas and water treatment segments are expected to grow at significant CAGRs of 5.2% and 4.5%, respectively, during the forecast period. In 2016, these two segments account for 21.9% of the North America anti-foaming agent market, and are anticipated to reach 22.9% by 2023. The oil & gas segment is expected to grow at a lucrative growth rate of 5.2% during the forecast period.
The U.S. anti-foaming agent market was $878 million in 2016, and is projected to reach $1,146.7 million by 2023 at a CAGR of 3.9% from 2017 to 2023. Silicone based segment was the highest contributor to the U.S. anti-foaming agent market with $369 million in 2016, and is estimated to reach $476 million by 2023, registering a CAGR of 3.7% during the forecast period. The oil based segment is estimated to reach $288 million by 2023 at a CAGR of 4.0%. Silicone based and oil based segments jointly accounted for about 67.0% of the U.S. anti-foaming agent market in 2016, with the former constituting around 42.0% share. The water based and oil based segments are expected to grow at significant CAGRs of 4.3% and 4.0%, respectively, during the forecast period. In 2016, these two segments account for 48.0% of the U.S. antifoaming agent market, and are anticipated to reach 48.7% by 2023. The water based segment is expected to grow at a lucrative growth rate of 4.3% during the forecast period.
The U.S. anti-foaming agent market was $878 million in 2016, and is projected to reach $1,146.7 million by 2023 at a CAGR of 3.9% from 2017 to 2023. Pulp & paper segment was the highest contributor to the U.S. anti-foaming agent market with $253 million in 2016, and is estimated to reach $330 million by 2023, registering a CAGR of 3.9% during the forecast period. The textiles segment is estimated to reach $47 million by 2023 at a CAGR of 4.3%. Pulp & paper and paints & coatings segments jointly accounted for about 43.2% of the U.S. anti-foaming agent market in 2016, with the former constituting around 28.8% share. The oil & gas and textiles segments are expected to grow at significant CAGRs of 4.8% and 4.3%, respectively, during the forecast period. In 2016, these two segments account for 16.1% of the U.S. anti-foaming agent market, and are anticipated to reach 17.0% by 2023. The oil & gas segment is expected to grow at a lucrative growth rate of 4.8% during the forecast period.
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