Press release
Rheology Modifiers Market is Anticipated to Reach USD 10.29 billion, Size, Growth by Top Companies, Trends by Types and Application and Forecast to 2029
Rheology Modifiers Market Overview:The primary application industries of the global rheology modifiers market include the paints and coatings industry and the personal care products industry. Both have been experiencing tremendous scope of growth recently and are expected to continue displaying a high growth rate. As a result, the demand for rheology modifiers is also expected to increase over the coming years, allowing key players to broaden their product profiles and for new players to gain entry into regional markets.
The global Rheology Modifiers market is expanding at a CAGR of 3.5% between 2022 and 2029. It is expected to reach USD 10.29 billion by 2029, after being recorded at USD 7.5 billion in 2020.
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Rheology Modifiers Market Key Players
The study of the growth of the top market player for in the target sector includes new projects with speculative returns, innovations and study of the accessibility of companies. some of the profiled players are Arkema, Croda International Plc, BASF SE, Lubrizol Corporation, Clariant, BYK Additives & Instruments, Akzo Nobel N.V and Others
Recent Development
Recently in April 2019, Lubrizol Corporation introduced a new multifunctional, 2-in-1 rheology modifier called Carbopol with style boosting properties.
In May 2019, Ashland launched a new rheology modifier called Aquaflow NMS-460E for use in deco paints and wood coating.
In February 2017, Elementis completed the acquisition of a personal care ingredients manufacturer SRLH Holdings Inc. (SummitReheis) (US). This helped the company to strengthen its position in the global rheology modifiers market.
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Rheology Modifiers Market Segmentation:
Rheology Modifiers Market by Product, 2020-2029, (USD Million) (Thousand Units)
Organic
Inorganic
Rheology Modifiers Market by Application, 2020-2029, (USD Million) (Thousand Units)
Paints & Coatings
Personal Care
Adhesives & Sealants
Textiles
Pharmaceuticals
Pulp & Paper
Construction
Growth Factors:
Increasing demand from the Rheology Modifiers industries
The growing use of Rheology Modifiers in Chemical and Material Sectors.
Rising demand for products
Technological advancements in production processes
Growing applications in Rheology Modifiers Market
Rheology Modifiers Market Regional Analysis
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fiberglass Storage Tank (Fiberglass Tank) Professional in these regions, from 2022-2029, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Key Rheology Modifiers Market Trends
- The report identifies, determines, and forecasts the Global Rheology Modifiers Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Rheology Modifiers Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is expected to drive the Growth
- Rising Adoption of Market Segments in the Rheology Modifiers Growth
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Rheology Modifiers Market.
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Frequently Asked Questions (FAQ):
What is the total revenue collection the global Rheology Modifiers market is estimated to garner by 2029?
What are the major driving forces behind the growth of the global Rheology Modifiers market?
Which region holds the largest share in the global Rheology Modifiers market?
Who are the top players in the global Rheology Modifiers market?
What are the key growth strategies of Rheology Modifiers industry players?
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