Pune, India, August 2023, /Market Research Future (MRFR) Announces the Publication of its Half-Cooked Research Report –Global Rheology Modifiers Market Research Report- Forecast 2023-2032.
MRFR recognizes the following companies as the key players in the global Rheology Modifiers Market — BASF SE (Germany), Arkema S.A.(France), Clariant (Switzerland), The Dow Chemical Company (U.S.), Elementis plc (U.K.), Akzo Nobel N.V. (the Netherlands), The Lubrizol Corporation (U.S.), Croda International Plc (U.K.), Ashland (U.S), and Air Products and Chemicals, Inc (U.S.)
Rheology Modifiers Market Highlights
The global Rheology Modifiers Market is accounted to register a CAGR of 4.20% during the forecast period and is estimated to reach USD 12.30 Billion by 2032.
the Rheology Modifiers Market refers to the industry that deals with the production, distribution, and sales of additives used to modify the rheological properties of various materials. Rheology modifiers are substances added to liquids, coatings, and other materials to alter their flow behavior, viscosity, stability, and other related characteristics. These modifiers play a crucial role in industries like paints and coatings, adhesives, cosmetics, pharmaceuticals, oil and gas, and many others.
Segment Analysis
The global Rheology Modifiers Market has been segmented based on Type, and Applications.
The rheology modifiers market segmentation, based on type, includes organic and inorganic. The organic segment dominated the market, Water-based, solvent-based, and oil-based formulations are just a few of the systems with which organic rheology modifiers typically work well. They can be used in various industries and applications thanks to their versatility. Organic rheology modifiers have exceptional viscosity-increasing and formulation stability-improving thickening properties. They can improve many products' flow, texture, and consistency, including paints, adhesives, cosmetics, and personal care items.
Based on applications, the rheology modifiers market segmentation includes paints & coatings, cosmetics & personal care, adhesives & sealants, construction, inks, pharmaceuticals, oil & gas. The pharmaceuticals segment generated the most income. When making oral suspensions and emulsions, rheology modifiers reduce viscosity and increase physical stability. They aid in preventing the sedimentation or creaming of solid droplets or particles, ensuring even distribution and simple dosage form administration. The viscosity, spreadability, and consistency of topical formulations like creams, gels, ointments, and lotions can be changed by adding rheology modifiers. They improve skin adherence, offer a pleasing texture, and make application easier. Hydrogels and mucoadhesive formulations, two examples of controlled drug release systems, are developed using rheology modifiers. They regulate the rate at which active pharmaceutical ingredients (APIs) are released from the formulation, enabling sustained or focused drug delivery.
Regional Analysis
The global Rheology Modifiers Market, based on region, has been divided into North America, Europe, Asia-Pacific and Rest of the World. The Asia Pacific rheology modifiers market will dominate this market, India and China are two of the world's top producers and consumers of dairy products. Due to changing taste preferences and rising income levels, consumers' daily dietary needs for dairy products are growing quickly. Manufacturers are making the most of this chance by creating various dairy products like curd, paneer, ice cream, milkshakes, and others that require significant food rheology modifiers during processing. It demonstrates that a rise in demand for food rheology modifiers is anticipated in the coming years. Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Europe’s rheology modifiers market accounts for the second-largest market share. In developing economies, population growth and economic change have led to an increase in housing transactions and disposable income, directly affecting the construction sector's market for paints, adhesives, and coatings. Further, the German rheology modifiers market held the largest market share, and the UK rheology modifiers market was the fastest-growing market in the European region.
The North American Rheology Modifiers Market is expected to grow at the fastest CAGR from 2023 to 2032. The region's growing infrastructure and population growth have improved the use of rheology modifiers in various applications. The accelerating economic growth was followed by a flurry of investments in various sectors like building, oil and gas, power production, and others. As the market for rheology modifiers expands, industry alliances are also anticipated to help. Moreover, China’s rheology modifiers market held the largest market share, and the Indian rheology modifiers market was the fastest-growing market in the North American region.
Key Findings of the Study
- The global Rheology Modifiers Market is expected to reach USD 12.30 Billion by 2032, at a CAGR of 4.20% during the forecast period.
- The North American Rheology Modifiers Market is expected to grow at the fastest CAGR from 2023 to 2032. The region's growing infrastructure and population growth have improved the use of rheology modifiers in various applications.
- The rheology modifiers market segmentation, based on type, includes organic and inorganic. The organic segment dominated the market, Water-based, solvent-based, and oil-based formulations are just a few of the systems with which organic rheology modifiers typically work well.
- BASF SE (Germany), Arkema S.A.(France), Clariant (Switzerland), The Dow Chemical Company (U.S.), Elementis plc (U.K.), Akzo Nobel N.V. (the Netherlands), The Lubrizol Corporation (U.S.), Croda International Plc (U.K.), Ashland (U.S), and Air Products and Chemicals, Inc (U.S.)
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Base Year | 2023 |
Companies Covered | 15 |
Pages | 138 |
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