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Guar Gum Market by Function (Thickening, Gelling, Binding, Friction Reducing), Application (Food & Beverages, Oil & Gas, Paper Manufacturing, Mining & Explosives, Pharmaceuticals & Cosmetics), Grade, and Region - Global Forecast to 2022

Guar Gum Market by Function (Thickening, Gelling, Binding, Friction Reducing), Application (Food & Beverages, Oil & Gas, Paper Manufacturing, Mining & Explosives, Pharmaceuticals & Cosmetics), Grade, and Region - Global Forecast to 2022

“The guar gum market projected to grow at a CAGR of 7.9%”
The guar gum market is projected to grow at a CAGR of 7.9% from 2017 to reach USD 1,115.8 million by 2022. The demand for guar gum is projected to be on the rise, owing to factors such as the booming oil & gas industry, increasing demand for convenience and processed food, and growth in innumerable applications such as mining, explosives, pharmaceutical, cosmetic, and paper industries, due to their multi-functional properties. Growth in shale gas production and increasing demand for frozen and dairy food products, are fueling the growth of guar gum demand. However, the market for guar gum is expected to fluctuate due to its high dependency on rainfall and the crude oil market. Also, the development of substitutes such as xanthan gum and locust gums can pose as a restraint for the market growth.

“Oil & gas segment, by application, is projected to be the fastest-growing in the guar gum market”
In terms of both value and volume, the oil & gas segment is projected to grow at the highest rate between 2017 and 2022. Due to functional properties such as friction reduction, thickening, gelling, and high viscosity, guar gum is widely used in oil well drilling, geological drilling, and water drilling activities. The rise in oil drilling and oil recovery activities in countries such as Saudi Arabia, Iran, Iraq, the U.S., Canada, and Argentina is expected to increase the demand for guar gum in the coming years.

“North America is estimated to be the fastest-growing region in the market.”
In the global guar gum market, North America is estimated to be the fastest-growing region, in terms of value and volume, between 2017 and 2022. This region comprises developed economies such as the U.S., Canada, and Mexico, which occupies a significant share in the global guar gum market. Large volumes of guar gum imported by the U.S. and Canada, for the oil & gas industry, is the main factor contributing to the dominance and fast growth of North America in the global guar gum market.

The rising shale gas industry coupled with the increase in consumer demand for processed & convenience foods in the North American and European regions, drive the demand of the guar gum. Application of guar gum in multiple industries such as mining, explosives, paper manufacturing, textile, firefighting, tobacco, and photography due to its multifunctional properties, is another factor contributing to the increasing demand for guar gum from these regions.

Break-up of primaries:
By Company Type: Tier 1 – 50 %, Tier 2 – 20%, and Tier 3 – 30%
By Designation: C level – 40%, Director level – 30%, and Others – 30%
By Region: North America – 20%, Europe – 17%, Asia-Pacific – 48%, and RoW – 15%

The global market for guar gum is dominated by key players such as Vikas WSP Limited (India), Hindustan Gums & Chemicals Ltd. (India), India Glycols Limited (India), Rama Gum Industries (India) Ltd., Jai Bharat Gums & Chemicals Ltd. (India), Dabur India Ltd. (India), Neelkanth Polymers (India), Guangrao Liuhe Chemicals Co. Ltd. (China), Lucid Group (India), Global Gums & Chemicals Pvt. Ltd. (Pakistan), Ashland Specialty Ingredients (U.S.), Ingredion, Inc. (U.S.), Altrafine Gums (India), Ruchi Soya Industries Ltd. (India), and Supreme Gums Pvt. Ltd. (India).

Research Coverage
The guar gum market has been segmented on the basis of grade, application, function, food & beverage application, and region. In terms of insights, this research report has focused on various levels of analyses—industry analysis, market share analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging & high-growth segments of the global guar gum market, high-growth regions, countries, and their respective regulatory policies, government initiatives, drivers, restraints, opportunities, and challenges.

Reasons to buy this report:
• To get an overview of the global guar gum market
• To get an overview of the key players of the guar gum industry
• To gain insights of the major regions in which the guar gum market is growing
• To gain knowledge of the growth of various grades of guar gum


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
    • PERIODIZATION CONSIDERED
    • CURRENCY CONSIDERED
    • UNIT CONSIDERED
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MACROINDICATORS
      • INTRODUCTION
    • MARKET SIZE ESTIMATION
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • ASSUMPTIONS AND LIMITATIONS
      • ASSUMPTIONS
      • LIMITATIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE GUAR GUM MARKET
    • GUAR GUM MARKET, BY GRADE
    • NORTH AMERICA HELD THE LARGEST SHARE IN THE GUAR GUM MARKET
    • GUAR GUM MARKET, BY FUNCTION
    • GUAR GUM MARKET, BY FOOD & BEVERAGES APPLICATION
    • GUAR GUM MARKET: BY REGION
    • PRODUCT LIFE CYCLE, BY REGION
  • MARKET OVERVIEW
    • INTRODUCTION
    • EVOLUTION OF GUAR GUM
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • GUAR GUM MARKET, BY GRADE
    • INTRODUCTION
      • Table GUAR GUM MARKET SIZE, BY GRADE, 2015-2022 (USD MILLION)
      • Table GUAR GUM MARKET SIZE, BY GRADE, 2015-2022 (KT)
    • FOOD-GRADE
      • Table FOOD-GRADE GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table FOOD-GRADE GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (KT)
    • INDUSTRIAL-GRADE
      • Table INDUSTRIAL-GRADE GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table INDUSTRIAL-GRADE GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (KT)
    • PHARMACEUTICAL-GRADE
      • Table PHARMACEUTICAL-GRADE GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table PHARMACEUTICAL-GRADE GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (KT)
  • GUAR GUM MARKET, BY FUNCTION
    • INTRODUCTION
      • Table GUAR GUM MARKET SIZE, BY FUNCTION, 2015-2022 (USD MILLION)
      • Table GUAR GUM MARKET SIZE, BY FUNCTION, 2015-2022 (KT)
    • THICKENING
      • Table THICKENING: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table THICKENING: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (KT)
    • GELLING
      • Table GELLING: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table GELLING: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (KT)
    • BINDING
      • Table BINDING: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table BINDING: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (KT)
    • FRICTION REDUCING
      • Table FRICTION REDUCING: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table FRICTION REDUCING: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (KT)
    • OTHER FUNCTIONS
      • Table OTHER FUNCTIONS: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table OTHER FUNCTIONS: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (KT)
  • GUAR GUM MARKET, BY APPLICATION
    • INTRODUCTION
      • Table GUAR GUM MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • Table GUAR GUM MARKET SIZE, BY APPLICATION, 2015-2022 (KT)
    • OIL & GAS
      • Table GUAR GUM MARKET SIZE FOR OIL & GAS, BY REGION, 2015-2022 (USD MILLION)
      • Table GUAR GUM MARKET SIZE FOR OIL & GAS, BY REGION, 2015-2022 (KT)
    • FOOD & BEVERAGES
      • Table GUAR GUM MARKET SIZE FOR FOOD & BEVERAGES, BY REGION, 2015-2022 (USD MILLION)
      • Table GUAR GUM MARKET SIZE FOR FOOD & BEVERAGES, BY REGION, 2015-2022 (KT)
    • MINING & EXPLOSIVES
      • Table GUAR GUM MARKET SIZE FOR MINING & EXPLOSIVES, BY REGION, 2015-2022 (USD MILLION)
      • Table GUAR GUM MARKET SIZE FOR MINING & EXPLOSIVES, BY REGION, 2015-2022 (KT)
    • PAPER MANUFACTURING
      • Table GUAR GUM MARKET SIZE FOR PAPER MANUFACTURING, BY REGION, 2015-2022 (USD MILLION)
      • Table GUAR GUM MARKET SIZE FOR PAPER MANUFACTURING, BY REGION, 2015-2022 (KT)
    • PHARMACEUTICALS & COSMETICS
      • Table GUAR GUM MARKET SIZE FOR PHARMACEUTICALS & COSMETICS, BY REGION, 2015-2022 (USD MILLION)
      • Table GUAR GUM MARKET SIZE FOR PHARMACEUTICALS & COSMETICS, BY REGION, 2015-2022 (KT)
    • OTHERS
      • Table GUAR GUM MARKET SIZE FOR OTHER APPLICATIONS, BY REGION, 2015-2022 (USD MILLION)
      • Table GUAR GUM MARKET SIZE FOR OTHER APPLICATIONS, BY REGION, 2015-2022 (KT)
  • GUAR GUM MARKET, BY FOOD & BEVERAGE APPLICATION
    • INTRODUCTION
      • Table GUAR GUM MARKET SIZE, BY FOOD & BEVERAGE APPLICATION, 2015-2022 (USD MILLION)
      • Table GUAR GUM MARKET SIZE, BY FOOD & BEVERAGE APPLICATION, 2015-2022 (KT)
    • BAKERY & CONFECTIONERY PRODUCTS
      • Table GUAR GUM MARKET SIZE IN BAKERY & CONFECTIONERY PRODUCTS, BY REGION, 2015-2022 (USD MILLION)
      • Table GUAR GUM MARKET SIZE IN BAKERY & CONFECTIONERY PRODUCTS, BY REGION, 2015-2022 (KT)
    • DAIRY & FROZEN PRODUCTS
      • Table GUAR GUM MARKET SIZE IN DAIRY & FROZEN FOOD, BY REGION, 2015-2022 (USD MILLION)
      • Table GUAR GUM MARKET SIZE IN DAIRY & FROZEN FOOD, BY REGION, 2015-2022 (KT)
    • BEVERAGES
      • Table GUAR GUM MARKET SIZE IN BEVERAGES, BY REGION, 2015-2022 (USD MILLION)
      • Table GUAR GUM MARKET SIZE IN BEVERAGES, BY REGION, 2015-2022 (KT)
    • SAUCES & DRESSINGS
      • Table GUAR GUM MARKET SIZE IN SAUCES & DRESSINGS, BY REGION, 2015-2022 (USD MILLION)
      • Table GUAR GUM MARKET SIZE IN SAUCES & DRESSINGS, BY REGION, 2015-2022 (KT)
    • OTHERS
      • Table GUAR GUM MARKET SIZE IN OTHER FOOD & BEVERAGE APPLICATIONS, BY REGION, 2015-2022 (USD MILLION)
      • Table GUAR GUM MARKET SIZE IN OTHER FOOD & BEVERAGE APPLICATIONS, BY REGION, 2015-2022 (KT)
  • GUAR GUM MARKET, BY REGION
    • INTRODUCTION
      • Table GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (KT)
    • NORTH AMERICA
      • Table NORTH AMERICA: GUAR GUM MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: GUAR GUM MARKET SIZE, BY COUNTRY, 2015-2022 (KT)
      • Table NORTH AMERICA: GUAR GUM MARKET SIZE, BY GRADE, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: GUAR GUM MARKET SIZE, BY GRADE, 2015-2022 (KT)
      • Table NORTH AMERICA: GUAR GUM MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: GUAR GUM MARKET SIZE, BY APPLICATION, 2015-2022 (KT)
      • Table NORTH AMERICA: GUAR GUM MARKET SIZE, BY FOOD & BEVERAGE APPLICATION, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: GUAR GUM MARKET SIZE, BY FOOD & BEVERAGE APPLICATION, 2015-2022 (KT)
      • Table NORTH AMERICA: GUAR GUM MARKET SIZE, BY FUNCTION, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: GUAR GUM MARKET SIZE, BY FUNCTION, 2015-2022 (KT)
      • U.S.
      • CANADA
      • MEXICO
    • EUROPE
      • Table EUROPE: GUAR GUM MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • Table EUROPE: GUAR GUM MARKET SIZE, BY APPLICATION, 2015-2022 (KT)
      • Table EUROPE: GUAR GUM MARKET SIZE, BY FOOD & BEVERAGE APPLICATION, 2015-2022 (USD MILLION)
      • Table EUROPE: GUAR GUM MARKET SIZE, BY FOOD & BEVERAGE APPLICATION, 2015-2022 (KT)
      • Table EUROPE: GUAR GUM MARKET SIZE, BY GRADE, 2015-2022 (USD MILLION)
      • Table EUROPE: GUAR GUM MARKET SIZE, BY GRADE, 2015-2022 (KT)
      • Table EUROPE: GUAR GUM MARKET SIZE, BY FUNCTION, 2015-2022 (USD MILLION)
      • Table EUROPE: GUAR GUM MARKET SIZE, BY FUNCTION, 2015-2022 (KT)
      • Table EUROPE: GUAR GUM MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table EUROPE: GUAR GUM MARKET SIZE, BY COUNTRY, 2015-2022 (KT)
      • GERMANY
      • SPAIN
      • ITALY
      • FRANCE
      • U.K.
      • REST OF EUROPE
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC: GUAR GUM MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • Table ASIA-PACIFIC: GUAR GUM MARKET SIZE, BY APPLICATION, 2015-2022 (KT)
      • Table ASIA-PACIFIC: GUAR GUM MARKET SIZE, BY FOOD & BEVERAGE APPLICATION, 2015-2022 (USD MILLION)
      • Table ASIA-PACIFIC: GUAR GUM MARKET SIZE, BY FOOD & BEVERAGE APPLICATION, 2015-2022 (KT)
      • Table ASIA-PACIFIC: GUAR GUM MARKET SIZE, BY GRADE, 2015-2022 (USD MILLION)
      • Table ASIA-PACIFIC: GUAR GUM MARKET SIZE, BY GRADE, 2015-2022 (KT)
      • Table ASIA-PACIFIC: GUAR GUM MARKET SIZE, BY FUNCTION, 2015-2022 (USD MILLION)
      • Table ASIA-PACIFIC: GUAR GUM MARKET SIZE, BY FUNCTION, 2015-2022 (KT)
      • Table ASIA-PACIFIC: GUAR GUM MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table ASIA-PACIFIC: GUAR GUM MARKET SIZE, BY COUNTRY, 2015-2022 (KT)
      • CHINA
      • INDIA
      • PAKISTAN
      • REST OF ASIA-PACIFIC
    • ROW
      • Table ROW: GUAR GUM MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • Table ROW: GUAR GUM MARKET SIZE, BY APPLICATION, 2015-2022 (KT)
      • Table ROW: GUAR GUM MARKET SIZE, BY FOOD & BEVERAGE APPLICATION, 2015-2022 (USD MILLION)
      • Table ROW: GUAR GUM MARKET SIZE, BY FOOD & BEVERAGE APPLICATION, 2015-2022 (KT)
      • Table ROW: GUAR GUM MARKET SIZE, BY GRADE, 2015-2022 (USD MILLION)
      • Table ROW: GUAR GUM MARKET SIZE, BY GRADE, 2015-2022 (KT)
      • Table ROW: GUAR GUM MARKET SIZE, BY FUNCTION, 2015-2022 (USD MILLION)
      • Table ROW: GUAR GUM MARKET SIZE, BY FUNCTION, 2015-2022 (KT)
      • Table ROW: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table ROW: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (KT)
      • SOUTH AMERICA
      • MIDDLE EAST
      • OTHERS IN ROW
  • REGULATIONS GOVERNING THE GUAR GUM MARKET
    • OVERVIEW
    • NORTH AMERICA
      • U.S.
      • CANADA
    • EUROPE
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • COMPETITIVE BENCHMARKING
    • COMPANY RANKING
  • COMPANY PROFILES
    • CARGILL
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • E.I. DUPONT DE NEMOURS AND COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • SHREE RAM INDUSTRIES
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • INGREDION INCORPORATED
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ASHLAND INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • VIKAS WSP LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • HINDUSTAN GUMS AND CHEMICAL LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • DABUR INDIA LTD
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • INDIA GLYCOLS LTD
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • NEELKANTH POLYMERS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • LUCID GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
        • Table RECENT DEVELOPMENTS
      • MNM VIEW
    • GLOBAL GUMS AND CHEMICALS PVT LTD
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • GUANGRAO LIUHE CHEMICAL CO., LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • JAI BHARAT GUMS AND CHEMICALS LTD
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • ALTRAFINE GUMS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • SUPREME GUMS PRIVATE LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • RUCHI SOYA INDUSTRIES LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • RAMA GUM INDUSTRIES
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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