Rheology Modifiers Market Share Analysis and Research Report by 2025
Category: #reports  By Rahul Sankrityayan  Date: 2020-05-26
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Rheology Modifiers Market Share Analysis and Research Report by 2025

DecResearch has recently published a study titled ‘global Rheology Modifiers Market research report’. In this report, analysts have provided a detailed evaluation of the global market. The report is inclusive of a completely comprehensive study of the Styrene butadiene latex market alongside all the important factors that are likely to have an impact on the commercialization matrix of the market.

Paints & coating industry, which is forecast to exceed USD 210 billion by 2024, is estimated to be the most lucrative sector for this billion-dollar market over the coming period. Paints and coatings industry accounted for nearly 30% of the global rheology modifiers share in 2015. These modifiers are witnessing a huge demand across this industry, owing to their ability to improve the durability, consistency, emulsion stability, leveling, and anti-sagging properties of the paints. The increasing urbanization coupled with the growing automotive and construction industry is favorably impacting the paints & coatings market, which in turn will drive the rheology modifiers market size.

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Top Companies

  1. Air Products and Chemicals
  2. Akzo Nobel N.V.
  3. Altana AG
  4. Arkema S.A.
  5. Ashland Inc.
  6. BASF SE
  7. Cargill Inc.
  8. Clariant
  9. Croda International plc
  10. Diransa San Luis S.A.
  11. The Dow Chemical Company
  12. DuPont
  13. Eastman Chemical Company
  14. Elementis plc
  15. The Euclid Chemical Company
  16. Evonik Industries AG
  17. FCC Inc.
  18. Global Drilling Fluids and Chemicals Limited
  19. Hangzhou Jingyi Chemical Co. Ltd.
  20. The Lubrizol Corporation
  21. MüNZING Group
  22. PPG Industries
  23. San Nopco Limited
  24. SNF Holding Company

Growth Drivers are

  1. Growing paint & coatings industry
  2. Increasing personal care product demand
  3. Rising adhesives & sealants demand
  4. Growing demand for pharmaceuticals
  5. Robust growth in construction

The growing geriatric population and the rising health awareness among the consumers is boosting the pharmaceutical market globally. These modifiers are in turn witnessing a huge growth owing to their applications in the pharmaceutical industry as additives in semi-solid formulations like ointments, lotions, syrups, etc. Organic modifiers such as polyurethane, acrylic polymers, xanthan gum, microcrystalline cellulose, and guar gum are used in pharmaceutical applications. Organic rheology modifiers market size is estimated to witness a CAGR of 3.5% over 2016-2024.

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Asia Pacific market, which accounted for 35% of the global revenue in 2015, is estimated to register a CAGR of over 4% over 2016-2024. Rapid industrialization coupled with the expansion of automotive and construction industry are the major driving forces behind APAC rheology modifiers market growth.

The industry is highly fragmented with key market participants comprising Ashland, Arkema Group, BASF SE, DOW Chemical Company, and Lubrizol Corporation

Read More:

  1. Asia Pacific Expanded Polyethylene (EPE) Foam Market  Demand, Recent Trends and Developments Analysis 2025
  2. Oilfield surfactants market Research Report, Growth Forecast 2025
  3. Automotive Coatings Market Share Analysis and Research Report by 2025

 



About Author

Rahul Sankrityayan

Email: [email protected]   

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Technology Magazine, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experie...

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