Rheology Modifiers Market Size, Share, Industry Segments, Sales, Consumption, Landscape, Company Profiles, Demand and Global Forecast to 2023

The global rheology modifiers market is driven by the scope of its application in various sectors such as paints & coatings, cosmetics & personal care, adhesives & sealants, and others. Moreover, the paints & coatings segment is set to grow at a higher CAGR owing to the boundless use of adhesives in the sector.

Rheology modifiers are agents used to produce inks, paints, and others. They are extensively used in end-use industries to improve the physical features, impart thermal stability, and high quality to the final product. Moreover, they also provide reliability and versatility to the product.

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Competitive Analysis and Key Players:

Some of the well-known players functioning in the global rheology modifiers market are BASF SE (Germany), Arkema S.A.(France), Clariant (Switzerland), The Dow Chemical Company (U.S.), Elementis plc (U.K.), Akzo Nobel N.V. (the Netherlands), The Lubrizol Corporation (U.S.), Croda International Plc (U.K.), Ashland ( U.S), and Air Products and Chemicals, Inc ( U.S.) among others.

Segmentation Analysis:

The global rheology modifiers market is segmented into the type and application. Based on type, the market is segregated into organic, and inorganic segments. The market by application is further categorized into paints & coatings, cosmetics & personal care, adhesives & sealants, home care, institutional & industrial products (hi&i) products, construction, inks, pharmaceuticals, and oil & gas.

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Regional Analysis:

Geographically, rheology modifiers market is segmented across five regions in the world namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds most of the market share due to advantages offered by the product such as flexibility, unique elongation and growing consumption of rheology modifiers in major industries. North America is set to expand at a significant rate owing to growing demand for the product in cosmetics & personal care, adhesives & sealants, and other sectors. In this region, the growing infrastructure development and an increase in the production capacity are driving the market.

Market Scope:

The organic segment is the most widely used type in the market due to its growing consumption in heavy end-use industries such as paints & coatings, cosmetics & personal care, and other sectors. Moreover, it is estimated that this segment is set to dominate the market due to sag resistance, and high quality offered by the product.

The paints & coatings sector is the leading application segment in the market and is anticipated to observe a higher CAGR due to extensive use of the product to impart high-temperature resistance, glossy finish, efficiency, and other features to the product.

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Industry News:

January 15, 2018, Market Research Future (MRFR) Announces the Publication of its Half-Cooked Research Report –Global Rheology Modifiers Market Research Report- Forecast 2017-2023.

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