Global Rheology Modifiers Market, 2014-2024
Rheology modifiers is use as viscosifier or thickeners agent. These modifiers are playing vital role in many industries. Rheology modifiers are used to precisely control the physical and chemical properties of fluid. These agents improve the viscosity and impart sag resistance to the final product. A good rheology modifier structures the formulation but when a force is applied it becomes flowable and easily poured.
These modifiers are categories into of two types organic and inorganic modifier. Organic modifiers are extensively used in end-use industries, as they impart shear thinning, sag control, heat stability, and other features to the final product. most of the organics modifier are playing key role in paints coting, ink and cosmetic and personal care industries. Organic rheology modifiers can be used in the wide class of mediums such as waterborne systems, solvent-borne systems, and solventless systems. These modifiers are also employed in pharmaceutical industry for various semi-solid formulations such as ointments, creams, lotions, syrups and gels. These modifiers has various end use applications as paints & coatings, cosmetics & personal care (cosmetics & personal care applications including make-up products, skincare creams, foundations, and toiletry products), adhesives & sealants, home care, and I&I products, construction, inks, pharmaceuticals, oil & gas, and others
The global rheology modifiers market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global rheology modifiers market is growing at a fast pace and increasing its geographical footprint rapidly. The global rheology modifiers market is valued at US $ xxx million dollars in 2019 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2024 in value.
The growth is comparatively higher in Asia Pacific and US region due increasing crude oil production and expansion in paint and coating industries. The major growth driver for rheology modifiers market globally is the increasing the end use industries application as paints, coating, personal care, etc. The demand for organic rheology modifiers is very high in all the applications. This is mainly due to its high performance and environmentally friendly nature.
Crude oil is the basic raw material used to produce various types of raw materials for the rheology modifiers synthesis. The fluctuating price of the crude oil is the major impediments to the expansion of global rheology modifiers market. Due to digital media publications the printing business is decline also restrain the market.
Rheology modifiers enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East, Africa, and Latin America. These regions serve large number of manufacturers and supplier and are hence responsible for the growth of rheology modifiers market globally. The companies that lead global Rheology modifiers market are DOW Chemical Company, BASF SE, Lubrizol Corporation,Arkema Grou, Clariant, Croda International Plc,Akzo Nobel N.V., Elementis Plc., and BYK Additives & Instruments.
The research process includes the market segmentation of the global rheology modifiers market, identifying the growth determinants of every market segment and market forecasts. The primary source from the supply side includes industry experts, CEOs, vice president, directors, and key executives of various industry players. The primary source from demand side includes marketing manager and experts from various application industries. Market Krystal held more than 40 interviews for this study, details of which are mentioned:
By company type:
Manufacturers (35%), Suppliers (25%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)
North America (25%), Asia (40%), Europe (20%), Rest of the World (15%)
Top level (40%), Operation level (20%), Mid-level (40%)
Contents of the report:
Insights on the global rheology modifiers industry dynamics
Estimation of the present global rheology modifiers market size in terms of value and volume
Global rheology modifiers market breakup based on type and application
Substantiated global rheology modifiers market forecast for the next five years.
In depth analysis of the leading companies working across different nodes of global rheology modifiers industry value chain.
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