Global Xanthan Gum Market worth USD 1,269.6 million and CAGR 6.2% by 2021

Zion Research has published a new report titled “Xanthan Gum Market for Oil and Gas, Food and Beverage, Pharmaceutical, Cosmetics, and Other Applications - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2015 – 2021.” According to the report, global demand for xanthan gum market was valued at USD 880.5 million in 2015, is expected to reach USD 1,269.6 million in 2021 and is anticipated to grow at a CAGR of 6.2% between 2016 and 2021.

Get a copy of free Sample Report @ https://www.zionmarketresearch.com/sample/xanthan-gum-market

Xanthan gum is a microbial polysaccharide widely used for thickening and stabilizing effect on emulsions and suspensions, particularly in the food industry as a thickener, stabilizer, emulsifier, rheology modifier and food additive. Xanthan gum is also used in various chemical applications such as; adhesives, ceramic glazes, drilling muds, foundry compounds, paints and coatings, pesticides, latex emulsions, and textiles. Xanthan gum is produced by fermenting corn sugar with bacteria Xanthomonas Campestris.

Global xanthan gum market is expected to witness a significant growth over the forecast period owing to a rapid surge in the oil and gas industry. Xanthan gum is mainly utilized in the recovery of oil due to its unique properties such as excellent viscosifying ability, high tolerance to salinity, and temperature. Xanthan gum is suitable for tertiary oil recovery and enhanced oil recovery (EOR) in oil production. Its strong heat resistance properties make it a reliable displacing agent and mobile control agent in an improved oil recovery process. Furthermore, increase use of food additive and emulsifier in food such as; peanut butter, chocolate, salad dressings, frozen desserts and margarine are expected to drive the market for xanthan gum.

Request for Customization Report @ https://www.zionmarketresearch.com/custom/288

On the basis of application, the global xanthan gum market is classified into oil & gas, food & beverages, pharmaceutical, cosmetics and others. Among these, oil and gas were the largest application segment of xanthan gum market in 2015. Furthermore, it is also expected to be one of the fastest growing segments of xanthan gum market owing to increasing oil and gas products coupled with advancing investment and technology for oil & gas production. Food & beverage was one of the largest application segments of Xanthan gum market in 2015 owing to its wide applications in the food industry. Other applications include adhesives, textiles, lubricants, etc. The usage of Xanthan gum in these diverse applications is expected to exhibits the remarkable growth of the market in near future.

Know more before buying this report @ https://www.zionmarketresearch.com/inquiry/xanthan-gum-market

Asia pacific was the leading market for xanthan gum in 2015 and it accounted for more than 50% of global xanthan gum market. The growth in the region is attributed to various factors such as rapid economic development, supporting government policies, and expansion of food processing industry in the region. Additionally, rising oil and gas production in China and India is expected to have the positive impact on overall xanthan gum market in future. Positive regulatory support from the U.S. Food and Drug Administration (FDA) and European Commission for the use of xanthan gum as emulsifiers, stabilizers, thickeners and gelling agents is further expected to provide momentum to market.

Some of the key manufacturers of global Xanthan gum market include Fufeng Group Company Ltd, Cargill, Hebei Xinhe Biochemical Co Ltd, Archer-Daniels-Midland Company, Deosen Biochemical Ltd, Gum Technology Corporation, Meihua Holdings Group Co. Ltd, DuPont, CP Kelco U.S. Inc, Wego Chemical Group and Jungbunzlauer AG.

Browse detail report with in-depth TOC @ https://www.zionmarketresearch.com/report/xanthan-gum-market

About Us

Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact US:

Zion Market Research
4283, Express Lane,
Suite 634-143,
Sarasota, Florida 34249, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com

Website: http://www.zionmarketresearch.com

This release was published on openPR.