Rheology Modifiers Market Worth USD 11.3 Billion by 2030, Witnessing a CAGR of 4.0% - Report by AMR

Rise in demand for personal care products and surge in application of rheology modifiers drive the growth of the global rheology modifiers market. On the other hand, fluctuating crude oil prices restrain the growth to some extent. However, rapid urbanization and increase in number of commercial projects are anticipated to pave the way for lucrative opportunities in the industry.

A complete and wide-ranging evaluation of the aspects that drive and restrain the market growth is also provided throughout the study. This detailed exploration of the market size and its proper segmentation help the market players define the prevalent opportunities that are looming large.

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The report helps clients in comprehending the first-hand knowledge of the global market while providing a full-fledged understanding of the regional-level analysis of each segment. At the same time, the study contain in-depth information of the frontrunners that are active in the industry along with their financial agenda, segmental profits, company trends, services/products offerings, and major adopted stratagems.

Based on distribution channel, the indirect segment contributed to nearly three-fifths of the total market revenue in 2020, and is expected to lead the trail by 2030. The direct segment, however, would grow at the fastest CAGR of 4.5% from 2021 to 2030.

The Rheology modifiers market report keeps a perfect tab on the market share of several companies, recent market trends, revenue forecast, and new product launches across the market. The report includes company profiles that delineate the revenue share of the top competitors in the market. Simultaneously, the report provides revenue forecasts for four regions and more than twenty major countries across Asia-Pacific, LAMEA. North America and Europe.

Rheology Modifiers Companies Covered Market:- Arkema, Ashland, BASF SE, Berkshire Hathaway Inc., Akzo Nobel N.V., Byk Additives and Instruments, Element is Plc., The Dow Chemical Company, Clariant and Other.

Based on geography, Asia-Pacific held the major share in 2020, garnering more than one-third of the global rheology modifiers market. The same region would also cite the fastest CAGR of 4.3% by 2030. The other three provinces discussed in the report include North America, Europe, and LAMEA.

Analysis of COVID-19 impact

The outbreak of the pandemic has had a massive impact on the majority of industries and the Rheology modifiers market was also not an exception in this regard. The report provides a detailed study on the micro- and macro-economic impact during the pandemic. Additionally, it emphasizes the direct impact of the COVID-19 pandemic on the Rheology modifiers market in the form of qualitative study. The report offers explicit details regarding the market extent and shares during this unprecedented time. At the same time, the major strategies adopted by the market players to combat the global crisis is also covered under the report. Last but not the least, the report highlights how the pandemic has distorted the supply chain of the market and takes in a post-COVID-19 analysis too.

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