Rheology Modifiers Market incredible future growth | 2018 Key Players are Ashland, The DOW Chemical Company, BASF, Arkema Group and Lubrizol Corporation

Worldwide rheology modifiers market having had a revenue of USD 4.94 billion in 2015 and will collect notable revenue with an annual growth rate of 3.7% over 2016-2024. Increasing usage of paints and coatings, primarily across the automotive and residential sectors will stimulate Rheology modifiers market. The product is extensively used to maintain the flow capability of fluids. It is also used to improvise on the characteristics such as leveling, anti-sagging, and emulsion stability, when mixed with paints. Consumers are now prone to a changing lifestyle, subject to the increased disposable incomes and subsequently rising spending capability of the individuals. This is expected to positively favor rheology modifiers industry size, as this product plays a crucial role in the manufacture of personal care products such as skin creams, conditioners, body lotions, and shampoos.

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Rheology modifiers find applications in various pharmaceutical products such as creams, ointments, gels, syrups, and lotions, to maintain the semi solidity. The pharmaceutical sector, particularly, has been observing remarkable gains across North America, which will positively impact U.S. rheology modifiers market. As per the study, North America rheology modifiers industry collected a revenue of USD 1 billion in 2015 and will exhibit significant annual growth rate over the years ahead. The factors contributing toward the industry growth are the surging demand for personal care products coupled with the escalating geriatric population.

Key insights from the report include:

• Global rheology modifiers market size is forecast to reach USD 6.83 billion by 2024, with estimated gains at over 4 CAGR%.

• Rheology modifiers market for organic will witness gains more than 3.5%. These modifiers are finds widespread application in end-user industries including pharmaceuticals, paints & coatings and construction to uphold the required consistency of the products.

• Inorganic rheology modifiers find various application in cosmetics industry. When precipitated, they are further used in pharmaceuticals and paints & coatings industry.

• In 2015, paint & coatings application was valued at over USD 1.5 billion. Growing construction and automotive industries is propelling paints & coatings demand. Consequently, driving rheology modifiers market share.

• In 2015, the U.S. rheology modifiers market generated revenue over 830 million. Highest aging population and increasing personal care product demand are the key factors propelling industry growth in the U.S.

• Asia Pacific, led by China, India and Japan rheology modifiers market dominated the industry and accounted approximately 35% of global volume in 2015. Rapid industrialization along with increasing construction spending the region has boosted the industry growth.


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Partial Chapter of the Table of Content

Chapter 3 Rheology ModifiersIndustry Insights

3.1 Industry Segmentation

3.2 Industry Size and forecast, 2013 - 2024

3.3 Industry ecosystem analysis

3.3.1 Vendor matrix

3.4 Industry Impact forces

3.4.1 Growth drivers

3.4.1.1 Growing paint & coatings industry

3.4.1.2 Increasing personal care product demand

3.4.1.3 Rising adhesives & sealants demand

3.4.1.4 Growing demand for pharmaceuticals

3.4.1.5 Robust growth in construction

3.4.2 Industry pitfalls and challenges

3.4.2.1 volatile crude oil prices

3.4.2.2 Oscillating natural gas prices

3.4.2.3 Declining printing inks demand

3.5 Growth potential analysis

3.6 Porter’s analysis

3.7 Company market share analysis, 2015

3.7.1 Strategic dshboard

3.8 PESTEL analysis

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The top five participants of rheology modifiers industry covered more than 20% of the global demand in 2015. Market players have been investing significantly in the exploration of alternative raw material to manufacture the product as crude oil, the primary raw material, is depleting by the day. Cost-effectiveness is also another key factor that companies need to consider when manufacturing the product. The noteworthy players in rheology modifiers market are Arkema Group, BASF SE, DOW Chemical Company, Lubrizol Corporation, and Ashland Inc.

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