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Rheology Modifiers Market to reach $17bn by 2025 | Air Products, AkzoNobel, Arkema, Ashland, BASF, Cargill, Clariant, Croda, The Dow Chemical Company, Eastman Chemical Company, DuPont, Elementis Global, Evonik, FCC, The Lubrizol Corporation, PPG Industrie
Rheology Modifiers Market
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Rising consumer awareness complemented by increasing consumer disposable expenditure for personal care products on account of individual hygiene has propelled demand for hair & skin care goods such as shampoos, conditioners, body lotions and creams. In 2015, personal care industry was valued at over USD 580 billion and may range up to USD 790 billion by 2024, at over 3.5%. Organo-clay rheology modifiers market is primarily employed in personal care products to maintain their consistency owing to boost industry share.
These are used in adhesives & sealants to improve its application properties of solvent-borne, water-borne, high-solid systems and UV-cured. For example, hectorite, polyether polyol associative thickeners and fumed silica are mainly used in the industry. In 2015, adhesives & sealants market was marked more than USD 45 billion and must exceed USD 70 billion by 2024.
Rheology modifier Application Analysis (Volume: Kilo Tons & Revenue: USD Million, 2013 - 2024)
• Paints & Coatings
• Personal Care
• Adhesives & Sealants
• Textiles
• Pharmaceuticals
• Construction
• Pulp & Paper
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Oscillating crude oil prices is the major aspect influencing commodity chemicals cost and raw materials used in the product manufacturing. Crude oil is the elementary raw material used to produce raw materials required for rheology modifiers synthesis. Instable crude oil prices are the major reason negatively influencing rheology modifiers market price trends. Furthermore, decreasing printing ink use due to growing consumer preference for digital media may hamper industry growth.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Air Products
2. AkzoNobel
3. ALTANA AG
4. Arkema
5. Ashland
6. BASF
7. Cargill
8. Clariant
9. Croda
10. Diransa
11. The Dow Chemical Company
12. Eastman Chemical Company
13. DuPont
14. Elementis Global
15. The Euclid Chemical Company
16. Evonik
17. FCC
18. Global Drilling Fluids and Chemicals Limited
19. Hangzhou Jingyi Chemical Co., Ltd.
20. The Lubrizol Corporation
21. Mallard Creek Polymers, Inc
22. Munzing
23. PPG Industries
24. San Nopco Korea Ltd.
25. SNF Holding Company
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.
Browse key industry insights spread across 100 pages with 152 market data tables & 18 figures & charts from the report, “Rheology Modifiers Market” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/rheology-modifiers-market
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.
Global rheology modifiers market is fragmented with five major companies accounting over 20% of global share in 2015. The prominent industry players are Ashland, DOW Chemical Company, BASF SE, Arkema Group and Lubrizol Corporation.
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