This comprehensive study provides various aspects of business such as important definition, end use and total revenue generated across various regions. The study is a professional probe into the revenue generated and capacity estimates for the Rheology Modifiers Market for the forecast period 2020 – 2027 empower the business owners to maintain a competitive edge over their rivals. The research further examines and provides data on the market by type, application and geography interspersed with illustrations and other graphical representations. The market analysis not only determines the attractiveness of the industry but also the evolving challenges and opportunities and their association with the weaknesses and strengths of prominent market leaders. Other factors taken into consideration when studying the industry include profitability, manufacturing capability, distribution channels and industry cost structure and major success factors.
The global rheology modifiers market size was USD 7,139.6 Million in 2019 and is projected to reach USD 9,292.8 Million by 2027, at a CAGR of 3.3% during the forecast period. Rheology modifiers are witnessing high demand in sectors such as paints & coatings, cosmetics, adhesives, drug development, building & construction, and oil & gas. Factors such as increase in demand from the paints & coatings industry, growth in the production of crude oil, and rise in the level of disposable income drive the global market for rheology modifiers.
The report is updated with the latest impact of the novel coronavirus pandemic on the market. The pandemic has drastically altered the market dynamics and trends and demands. It has also disrupted the supply chain and generated financial difficulties. The report covers the comprehensive effect of the pandemic on the industry and offers an initial and future impact assessment of the impact of the COVID-19 pandemic on the Rheology Modifiers Market business sphere.
Key Highlights of Report
In April 2019, The Lubrizol Corporation made an announcement about introduction of Carbopol Style 2.0 polymer, an innovative multifunctional rheology modifier. The product offers rheology modification and reduces or eliminates the need for polyvinylpyrrolidone (PVP) or any other fixatives.
Increasing demand for organic rheology modifiers is attributable to their low VOC (volatile organic compound) content and improved sustainability. The rheology modifiers that are free from VOCs are widely used in paints and coatings, cosmetics, and adhesives.
The use of rheology modifiers in the food & beverage industry is rising substantially. Several food formulations, such as salad dressings, sauce toppings, soups, bakery products, gravies, and various other packaged products, use rheology modifiers as additives to obtain the desired thickness and taste.
The rheology modifiers market in the Asia Pacific region is projected to expand at the most rapid rate from 2020 to 2027. Increasing expenditure on building and construction activities and growth of the automotive industry are driving the market in the region.
Key market participants include The Dow Chemical Company, Lubrizol Corporation, Ashland Global Specialty Chemicals Inc., Arkema SA, Croda International PLC, Akzo Nobel NV, Elementis PLC, Cargill Inc., BASF SE, and Clariant AG
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North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Chapter 1: Methodology & Scope
- Definition and forecast parameters
- Methodology and forecast parameters
- Data Sources
Chapter 2: Executive Summary
- Business trends
- Regional trends
- Product trends
- End-use trends
Chapter 3: Industry Insights
- Industry segmentation
- Industry landscape
- Vendor matrix
- Technological and innovation landscape
Chapter 4: Regional Landscape
Chapter 5: Company Profile
- Business Overview
- Financial Data
- Product Landscape
- Strategic Outlook
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