The global rheology modifiers market size was significantly robust in 2021 and is expected to register rapid revenue CAGR over the forecast period. Increasing demand for high performance paints and coatings, growing number of construction and industrial activities, rising consumer preference for high-quality home care solutions, and increase in research and development activities to expand application scope of rheology modifiers are some key factors expected to drive market revenue growth over the forecast period. In addition, rising disposable income among individuals and subsequent demand for sophisticated and high-quality houses and infrastructure and rising production of automotive vehicles is expected to further boost demand for paints and coatings, in turn, contribute to revenue growth of the rheology modifiers market going ahead.
Rheology modifiers are enhance paint and coating formulation in various ways and can thicken the mixture according to needs of application, increase sag resistance, promote better storage and transportation of coatings, improve leveling properties, enhance durability, and lead to the formation of products that are resistant to drips and easy to handle. Rheology modifiers enable formulators to create and develop products with desired attributes. Rheology modifies are used in coatings, as additives in motor oil to enhance viscosity, as tougheners in plastic sheeting, and to develop gels with hair fixative properties. Increasing use of rheology modifiers and additives in various end-use industries such as food, pharmaceuticals, cosmetics and personal care, adhesives, textiles, and paints is expected to boost demand for rheology modifiers and drive market revenue growth over the forecast period.
Top Companies Operating in the Global Rheology Modifiers Market:
- BASF SE
- The Dow Chemical Company
- Lubrizol Corporation
- Clariant
- Arkema
- Croda International Plc.
- Ashland
- Akzo Nobel N.V.
- Elementis Plc.
- BYK Additives Instruments
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Major Factors Contributing to the Global Materials and Chemicals Market Revenue Growth
The global materials chemicals market revenue growth is primarily attributed to factors such as fast-paced industrialization across the globe, rising demand for essential consumer goods (including packaged foods beverages, personal care cosmetic products, and household hygiene products), and increasing applications of raw materials and chemicals in a wide range of industries including the buildings construction, food beverage, pharmaceutical, agriculture, and textile industries. Other important factors contributing to the global market revenue growth are increasing industrial applications of specialty chemicals, growing use of high-performance, organic agrochemicals in the agriculture industry, rising environmental concerns among the population, growing need for environmentally friendly and sustainable raw materials and chemicals, and increasing government investments in the materials chemicals industry.
Table of Contents:
- Report Overview
1.1 Research Scope
1.2 Key Rheology Modifiers market segments
1.3 Major players
1.4 Market analysis by product type
1.5 Market analysis by application
1.6 Report timeline - Global Growth Trends
2.1 Global Rheology Modifiers market size
2.2 Latest regional market trends
2.3 Emerging growth trends - Competitive Outlook
3.1 Global Rheology Modifiers market key players
3.2 Global Rheology Modifiers size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Rheology Modifiers market
3.5 Mergers, acquisitions, joint ventures, and other strategic alliances
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Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
Rheology Modifiers Market Segmentation
Type Outlook (Revenue, USD Billion; 2019-2030)
- Organic
- Inorganic
Application Outlook (Revenue, USD Billion; 2019-2030)
- Paints Coatings
- Cosmetics Personal Care
- Pharmaceuticals
- Adhesives Sealants
- Oil Gas
- Inks
- Home Care Products
- Others
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