Global Oil Drilling Grade Xanthan Gum Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Oil Drilling Grade Xanthan Gum market size was valued at US$ 525 million in 2024 and is forecast to a readjusted size of USD 742 million by 2031 with a CAGR of 5.6% during review period.
Xanthan gum is usually an organic product made from corn starch by fermentation. It is usually a white or light yellow powder. It is currently the most superior biological gum in the world that combines thickening, suspension, emulsification and stabilization.
Oil drilling grade xanthan gum is an environmentally friendly and efficient mud additive used in oil drilling and mining. It has excellent tolerance to changes in temperature, pH and salt content. Petroleum-grade xanthan gum can greatly increase its penetration and suspension performance for fine solid materials, reduce pressure loss during drilling, and reduce damage to oil layers while accelerating drilling. At the same time, as a biological oil recovery additive, while protecting the environment, xanthan gum can greatly improve the profile adjustment effect and oil recovery rate, improve resource utilization, reduce production costs, and improve economic benefits.
Driving factors:
Increasing demand for xanthan gum
The global total demand for oil continues to grow, leading to an increase in mining and use, and the demand for oil drilling grade xanthan gum has also increased.
Rising prices of xanthan gum products
The increase in demand has led to a rapid increase in the price of xanthan gum. In the first half of 2023, the price reached a high level in the past decade, and the increase in xanthan gum prices was greater than the increase in raw material prices, resulting in the increase in operating costs of manufacturers being less than the increase in operating income, and bringing higher gross profit margins and total profits to production companies.
Restrictive factors:
Industry competition risks
In the past, many companies entered the xanthan gum market, and the market competition was fierce and triggered a price war. The price of xanthan gum continued to decline, the industry suffered serious losses as a whole, and the operating rate was obviously insufficient. After that, some companies began to withdraw from the market one after another, and the industry concentration increased significantly. At the same time, due to the continuous increase in demand, the price of xanthan gum showed a recovery, but the risk of a new round of intensified industry competition after the price increase cannot be ruled out.
Risk of substitutes
In the oil industry, xanthan gum has a higher cost-effectiveness than polyacrylamide, carboxymethyl cellulose, modified starch and some polysaccharide plants (guar gum, etc.) due to its rheological properties, salt resistance, thickening effect and relatively low price. However, it is not ruled out that guar gum will break through the production capacity bottleneck and reduce the price in the future, thereby reducing the attractiveness of xanthan gum.
Risk of anti-dumping investigation
Xanthan gum is mainly produced in China, and the industry concentration is relatively high. In 2012, the U.S. Department of Commerce initiated an anti-dumping investigation and ruled in July 2013 to impose tariffs on xanthan gum imported from China. On September 26, 2018, the U.S. Department of Commerce made the first anti-dumping sunset review final ruling on xanthan gum imported from China. On October 2, 2023, the U.S. Department of Commerce initiated the second anti-dumping sunset review investigation on xanthan gum imported from China. On February 2, 2024, the U.S. Department of Commerce issued an announcement stating that it had made a final ruling on the second anti-dumping rapid sunset review of xanthan gum imported from China: If the current anti-dumping measures are cancelled, the dumping margin of the Chinese products involved will continue or reoccur at 154.07%. If a major xanthan gum-consuming country launches an anti-dumping investigation against Chinese xanthan gum products in the future, it will once again bring legal and administrative costs to Chinese xanthan gum manufacturers and the entire industry, and they will be forced to raise product prices, affecting product demand.
This report is a detailed and comprehensive analysis for global Oil Drilling Grade Xanthan Gum market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Oil Drilling Grade Xanthan Gum market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Oil Drilling Grade Xanthan Gum market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Oil Drilling Grade Xanthan Gum market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Oil Drilling Grade Xanthan Gum market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Oil Drilling Grade Xanthan Gum
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Oil Drilling Grade Xanthan Gum market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Fufeng Group, Meihua Group, CP Kelco, Deosen Biochemical, Jianlong Biotechnology, Jungbunzlauer, Cargill, Hebei Xinhe Biochemical, Baotou Huazi Industry, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Oil Drilling Grade Xanthan Gum market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Dispersible
High Viscosity
Heat Resistance
Other
Market segment by Application
Drilling Industry
Oil Exploitation Industry
Major players covered
Fufeng Group
Meihua Group
CP Kelco
Deosen Biochemical
Jianlong Biotechnology
Jungbunzlauer
Cargill
Hebei Xinhe Biochemical
Baotou Huazi Industry
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Oil Drilling Grade Xanthan Gum product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Oil Drilling Grade Xanthan Gum, with price, sales quantity, revenue, and global market share of Oil Drilling Grade Xanthan Gum from 2020 to 2025.
Chapter 3, the Oil Drilling Grade Xanthan Gum competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Oil Drilling Grade Xanthan Gum breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Oil Drilling Grade Xanthan Gum market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Oil Drilling Grade Xanthan Gum.
Chapter 14 and 15, to describe Oil Drilling Grade Xanthan Gum sales channel, distributors, customers, research findings and conclusion.
Xanthan gum is usually an organic product made from corn starch by fermentation. It is usually a white or light yellow powder. It is currently the most superior biological gum in the world that combines thickening, suspension, emulsification and stabilization.
Oil drilling grade xanthan gum is an environmentally friendly and efficient mud additive used in oil drilling and mining. It has excellent tolerance to changes in temperature, pH and salt content. Petroleum-grade xanthan gum can greatly increase its penetration and suspension performance for fine solid materials, reduce pressure loss during drilling, and reduce damage to oil layers while accelerating drilling. At the same time, as a biological oil recovery additive, while protecting the environment, xanthan gum can greatly improve the profile adjustment effect and oil recovery rate, improve resource utilization, reduce production costs, and improve economic benefits.
Driving factors:
Increasing demand for xanthan gum
The global total demand for oil continues to grow, leading to an increase in mining and use, and the demand for oil drilling grade xanthan gum has also increased.
Rising prices of xanthan gum products
The increase in demand has led to a rapid increase in the price of xanthan gum. In the first half of 2023, the price reached a high level in the past decade, and the increase in xanthan gum prices was greater than the increase in raw material prices, resulting in the increase in operating costs of manufacturers being less than the increase in operating income, and bringing higher gross profit margins and total profits to production companies.
Restrictive factors:
Industry competition risks
In the past, many companies entered the xanthan gum market, and the market competition was fierce and triggered a price war. The price of xanthan gum continued to decline, the industry suffered serious losses as a whole, and the operating rate was obviously insufficient. After that, some companies began to withdraw from the market one after another, and the industry concentration increased significantly. At the same time, due to the continuous increase in demand, the price of xanthan gum showed a recovery, but the risk of a new round of intensified industry competition after the price increase cannot be ruled out.
Risk of substitutes
In the oil industry, xanthan gum has a higher cost-effectiveness than polyacrylamide, carboxymethyl cellulose, modified starch and some polysaccharide plants (guar gum, etc.) due to its rheological properties, salt resistance, thickening effect and relatively low price. However, it is not ruled out that guar gum will break through the production capacity bottleneck and reduce the price in the future, thereby reducing the attractiveness of xanthan gum.
Risk of anti-dumping investigation
Xanthan gum is mainly produced in China, and the industry concentration is relatively high. In 2012, the U.S. Department of Commerce initiated an anti-dumping investigation and ruled in July 2013 to impose tariffs on xanthan gum imported from China. On September 26, 2018, the U.S. Department of Commerce made the first anti-dumping sunset review final ruling on xanthan gum imported from China. On October 2, 2023, the U.S. Department of Commerce initiated the second anti-dumping sunset review investigation on xanthan gum imported from China. On February 2, 2024, the U.S. Department of Commerce issued an announcement stating that it had made a final ruling on the second anti-dumping rapid sunset review of xanthan gum imported from China: If the current anti-dumping measures are cancelled, the dumping margin of the Chinese products involved will continue or reoccur at 154.07%. If a major xanthan gum-consuming country launches an anti-dumping investigation against Chinese xanthan gum products in the future, it will once again bring legal and administrative costs to Chinese xanthan gum manufacturers and the entire industry, and they will be forced to raise product prices, affecting product demand.
This report is a detailed and comprehensive analysis for global Oil Drilling Grade Xanthan Gum market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Oil Drilling Grade Xanthan Gum market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Oil Drilling Grade Xanthan Gum market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Oil Drilling Grade Xanthan Gum market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Oil Drilling Grade Xanthan Gum market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Oil Drilling Grade Xanthan Gum
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Oil Drilling Grade Xanthan Gum market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Fufeng Group, Meihua Group, CP Kelco, Deosen Biochemical, Jianlong Biotechnology, Jungbunzlauer, Cargill, Hebei Xinhe Biochemical, Baotou Huazi Industry, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Oil Drilling Grade Xanthan Gum market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Dispersible
High Viscosity
Heat Resistance
Other
Market segment by Application
Drilling Industry
Oil Exploitation Industry
Major players covered
Fufeng Group
Meihua Group
CP Kelco
Deosen Biochemical
Jianlong Biotechnology
Jungbunzlauer
Cargill
Hebei Xinhe Biochemical
Baotou Huazi Industry
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Oil Drilling Grade Xanthan Gum product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Oil Drilling Grade Xanthan Gum, with price, sales quantity, revenue, and global market share of Oil Drilling Grade Xanthan Gum from 2020 to 2025.
Chapter 3, the Oil Drilling Grade Xanthan Gum competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Oil Drilling Grade Xanthan Gum breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Oil Drilling Grade Xanthan Gum market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Oil Drilling Grade Xanthan Gum.
Chapter 14 and 15, to describe Oil Drilling Grade Xanthan Gum sales channel, distributors, customers, research findings and conclusion.
Table of Contents
97 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Oil Drilling Grade Xanthan Gum by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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