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Rheology Modifiers Market Projected to Reach USD 11 Billion by 2031, Growing at a 4.1% CAGR | Persistence Market Research

05-06-2025 09:21 AM CET | Chemicals & Materials

Press release from: Persistence Market Research

Rheology Modifiers Market

Rheology Modifiers Market

The global rheology modifiers market is on a promising growth trajectory, poised to increase from US$ 8.3 billion in 2024 to approximately US$ 11 billion by 2031, expanding at a CAGR of 4.1% during the forecast period. Rheology modifiers, essential for controlling the flow and viscosity of materials, play a crucial role across diverse industries-ranging from paints and coatings to personal care, pharmaceuticals, and food processing. Their growing utility in enhancing texture, stability, and performance is propelling demand globally.

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In 2024, East Asia holds the largest market share (34.2%), largely due to China's dominance in the paints and coatings segment and rising demand for coatings in electric vehicles (EVs). Meanwhile, the cosmetics and personal care segment emerges as the leading growth driver, projected to register a CAGR of 4.7% through 2031. The segment is buoyed by increasing consumer preference for high-performance, sustainable, and premium personal care products, particularly in North America and Europe.

🔍 Key Highlights from the Rheology Modifiers Market Report

• East Asia dominates the global market in 2024, holding a 34.2% share led by China's booming coatings industry.
• Europe captures 23.1% of the market due to strong personal care and pharmaceutical product demand.
• Cosmetics and personal care applications are projected to grow at a 4.7% CAGR through 2031.
• Rising consumer focus on eco-friendly formulations is driving demand for bio-based modifiers.
• Innovations such as RHEOLATE® 125 P and RHEOLATE® 185 P are enhancing product performance and application.
• Growth in countries like India and South Korea is fueled by expanding EV and construction sectors.

📊 Market Segmentation

Rheology modifiers can be segmented by product type, formulation base, and application. By type, the market is majorly divided into organic and inorganic modifiers, with organic rheology modifiers-both synthetic and natural-accounting for 74.7% of the market in 2024. This growth is driven by rising demand for sustainable and biodegradable solutions in cosmetics and paints.

In terms of applications, the paints and coatings industry dominates with a 44.5% market share in 2024. The segment benefits from robust architectural and automotive developments across India and Europe, and increasingly in EV coatings, where texture and viscosity control are critical for uniform application and finish.

🌎 Regional Insights

East Asia

East Asia is the leading regional market, owing largely to China's vast manufacturing base, especially in the paints and coatings sector. The region is also benefiting from rising investments in electric vehicles and industrial infrastructure, with South Korea and India playing pivotal roles in regional expansion.

Latin America and Southeast Asia

Latin America is experiencing a modest economic recovery, especially in food and agriculture, which supports growth in rheology modifiers for food processing. Similarly, Southeast Asia's growing urbanization and young demographics are likely to boost demand in personal care and construction, although short-term hurdles such as Vietnam's property crisis may pose challenges.

📈 Market Drivers

A major growth catalyst is the increasing demand for multifunctional and eco-friendly formulations in sectors like cosmetics, food, and coatings. In personal care, the U.S. alone generated US$ 210.6 Bn in 2022, with rheology modifiers playing a critical role in product stability and feel. Likewise, industrial growth in developing economies, especially in Asia and Latin America, is escalating demand for high-performance and sustainable additives.

🚫 Market Restraints

Despite promising growth, the market faces hurdles. Fluctuating raw material prices and supply chain disruptions pose significant challenges to manufacturers. Moreover, stringent regulatory frameworks, particularly concerning VOC emissions and product safety in personal care and food applications, can hinder new product development and delay launches.

🌱 Market Opportunities

There is a strong and rising interest in bio-based and plant-derived rheology modifiers. Companies like Arkema and Clariant are investing heavily in the R&D of such sustainable solutions to meet stringent environmental regulations. Furthermore, technological innovations in viscosity control and dispersion stability present lucrative opportunities across all major sectors, including EV coatings, pharmaceuticals, and processed food.

❓ Frequently Asked Questions (FAQs)

How Big is the Rheology Modifiers Market in 2024?
What is the Projected Growth Rate of the Rheology Modifiers Market?
Who are the Key Players in the Global Rheology Modifiers Market?
What is the Market Forecast for Rheology Modifiers by 2031?
Which Region is Estimated to Dominate the Industry Through the Forecast Period?

🏢 Company Insights

Key Players in the Rheology Modifiers Market:

1. BASF SE
2. The Dow Chemical Company
3. Ashland Global Holdings Inc.
4. Clariant AG
5. Arkema Group
6. Elementis PLC
7. Lubrizol Corporation
8. Croda International Plc
9. Akzo Nobel N.V.
10. BYK-Chemie GmbH (ALTANA Group)

Recent Developments:

• Clariant AG launched a new line of plant-derived rheology modifiers aimed at sustainable personal care products in 2023.

• Arkema introduced a breakthrough additive in 2024 for high-performance waterborne coatings with superior flow control.

🧾 Conclusion

The rheology modifiers market is undergoing a transformative phase as industries worldwide prioritize performance, sustainability, and eco-compliance. With steady growth across regions and robust innovation in product development, the market is well-positioned to meet the evolving demands of modern manufacturing. Whether it's ensuring the silky feel of a luxury lotion or enhancing the durability of automotive coatings, rheology modifiers are foundational to product excellence across diverse industries.

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About Persistence Market Research:

At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.

Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.

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