Rheology Modifiers Market: This Report Explains How This Industry Will Witness Comprehensive Growth

According to a report by Allied Market Research, the global rheology modifiers market was valued at $7.6 billion in 2020 and is projected to reach $11.3 billion by 2030, growing at a CAGR of 4.0% from 2021 to 2030. The report offers detailed insights into top investment opportunities, key strategies for success, market size, competitive landscape, and fluctuating market trends.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: https://www.alliedmarketresearch.com/request-sample/14108

The growth of the rheology modifiers market is primarily driven by the rising demand for personal care products and expanding applications in various industries. However, volatile crude oil prices pose challenges to market expansion. Despite this, rapid urbanization and the increase in commercial projects are expected to provide significant growth opportunities.

Market Segmentation:

The market is segmented by type, application, distribution channel, and region:

- Type: The organic segment dominated in 2020, holding nearly 60% of the total market share, and is expected to maintain its lead. The inorganic segment is anticipated to grow at the fastest CAGR of 4.4% during the forecast period.

- Distribution Channel: The indirect segment accounted for about 60% of total revenue in 2020 and is projected to continue leading through 2030. Meanwhile, the direct segment is expected to grow at the fastest CAGR of 4.5% from 2021 to 2030.

- Region: Asia-Pacific led the market in 2020, capturing over one-third of the global share, and is forecasted to register the highest growth at a 4.3% CAGR by 2030. Other regions analyzed include North America, Europe, and LAMEA.

Key Players:

Major companies in the rheology modifiers market include Arkema, Ashland, BASF SE, Berkshire Hathaway Inc., Akzo Nobel N.V., Byk Additives and Instruments, Elementis Plc, The Dow Chemical Company, Clariant, and Croda International Plc. These players are focusing on strategies such as partnerships, expansions, collaborations, and joint ventures to strengthen their market presence.

𝐎𝐛𝐭𝐚𝐢𝐧 𝐑𝐞𝐩𝐨𝐫𝐭 𝐃𝐞𝐭𝐚𝐢𝐥𝐬: https://www.alliedmarketresearch.com/rheology-modifiers-market-A13739

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About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.