Rheology Modifiers Market Research Report- Forecast till 2030

Rheology Modifiers Market Research Report: Information by Type (Organic, Inorganic), by Application (Paints & Coatings, Cosmetics & Personal Care, Adhesives & Sealants, Construction, Inks, Pharmaceuticals, Oil & Gas) - Forecast till 2030

ID: MRFR/CnM/3783-HCR | 138 Pages | Published By Chitranshi Jaiswal on March 2023         

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Rheology Modifiers Market

Rheology Modifiers Market is projected to be worth USD 11.32 Billion by 2030, registering a CAGR of 4.1% during the forecast period (2021 - 2030).

Segmentation
By Type Organic Inorganic
By Application Paints & Coatings Cosmetics & Personal Care Adhesives & Sealants Construction Inks Pharmaceuticals Oil & Gas
Key Players
Companies Profiled   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 (US)
Drivers
Market Driving Forces   The growing demand for the product in paints & coatings cosmetics & personal care and others
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Rheology modifiers market overview:


 


Rheology modifiers market is expected to grow USD 11.32 Billion at a CAGR 4.1% during the forecast period. The Rheology modifiers are thickeners or viscosity modifiers of varied types of liquids that are utilized in varied industries. Crop protection, paints and coatings, cosmetics, personal care products, adhesives, sealants, construction-related liquids, inks, pharmaceutical products, and significant others are considered the major applications of rheology modifiers. Rheology modifiers are utilized to alter the chemical characteristic, flexibility, superior performance, and significant other features of the fluids. The influence of social media and the rising production of crude oil has propelled the utilization of high-end cosmetics and liquid coatings respectively and thereby considered the primary drivers of Rheology modifiers market growth. 


 


The benefit factors of Rheology modifiers such as shear thinning, sag control, stabilizing heat and other features are improving the overall character of the liquid and thereby improving their performance. This factor is considered the major driver of Rheology modifier market growth. The construction industry is recently gaining momentum due to the growing population and favorable economic conditions have stimulated the developed countries in renovating the buildings and other significant construction projects. This factor has increased the demand for paints and coatings and thereby increasing the rheology modifiers market demand.


The Rheology Modifiers Market Share by Application:


 Global Rheology modifiers market share by application


Product: MRFR analysis


Regional Analysis 


The Rheology Modifiers Market is segmented across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the market due to the growing demand for the product in paints & coatings, cosmetics & personal care, and others. The paints & coatings segment holds the major portion and is anticipated to continue its dominance in the market due to increasing consumption of the product in various applications such as architectural paints, water-borne industrial coatings, and others. Therefore, countries such as China, Japan, South Korea, and India are the major players in this market.


The North American region is growing significantly due to the growing demand for the product in cosmetics & personal care, adhesives & sealants, and other industries. It is predicted that the advanced lifestyle and growing investments in end-use industries are likely to drive the Rheology Modifiers Market during the forecast period. The growing production of adhesives & sealants in end-use industries has propelled the growth in countries such as the U.S, Canada, and Mexico to achieve a stunning growth in the market because they provide unique flexibility, extended life, and high standard of performance to the product.

The European market has received a remarkable growth in the last couple of years. It is projected that due to growing innovation coupled with technological advancement to manufacture solvent-free products in end-use industries and increasing personal care concerns, the Rheology Modifiers Market is set to grow at a higher rate during the forecast period. It is driven by these changes in paints & coatings, cosmetics & personal care, oil & gas, and others. Moreover, the growing mergers & acquisitions among the leading companies is set to propel the market in the U.K, Italy, Germany, and France over the assessment period.


The Middle East & Africa region is estimated to witness a significant growth in the Rheology Modifiers Market due to the growing adoption of the product in end-use industries. Moreover, Latin America is anticipated to witness a higher growth in the market due to increasing demand for rheology modifiers in construction, inks, pharmaceuticals, oil & gas, and others.

Segmental Analysis


The Rheology Modifiers Market is segmented into the Type and Application. On the basis of Type, the market is segregated into organic, and inorganic segments. The market by application is further categorized into paints & coatings, cosmetics & personal care, adhesives & sealants, home care, institutional & industrial products (hi&i) products, construction, inks, pharmaceuticals, and oil & gas.


List of Key Players in the Rheology Modifiers Market


Some of the prominent players operating in the Rheology Modifiers Market are 



  • 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 (US)

  • Air Products and Chemicals, Inc (US.)


Geographical Analysis


The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.Recent Development News


May 2021:


 


The Lubrizol corporation had developed a water-soluble biopolymer that is named Kelco-cre diutan gum which is specifically designed for cosmetics and personal care products. Since these applications demand thermal stability and are compatible with high-level alcohols and polyols and are considered biodegradable. This formulation offered features such as a ‘no-drip’ feature for the hair formulations, silky and conditioned sensory, excellent formulation flexibility, and a very efficient viscosity builder.


 


June 2021:


 


Ashland has introduced Aquaflow Eco- 300 which is considered the biocide-free and non-ionic thickener which is designed for waterborne coatings. These coatings are highly specific and specially designed for marine vehicles. The chemical characteristics which achieve its efficiency through self-association and interaction with the other ingredients are considered exceptional in the market.


Intended Audience



  • Rheology Modifiers Market Manufacturers

  • Traders and Distributors of Rheology Modifiers Market

  • Production Process Industries

  • Potential Investors

  • Raw Material Suppliers

  • Nationalized Laboratory 



Report Scope:

Report Attribute/Metric Details
  Market Size   2030: Significant value
  CAGR    (2020-2030) : 3.20% CAGR
  Base Year   2021
  Forecast Period   2022 to 2030
  Historical Data   2019 & 2020
  Forecast Units    Value (USD Million)
  Report Coverage    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Type, Application and Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   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.) among others.
  Key Market Opportunities   Its flexibility, superior performance, and extended life are the important trends and factors
  Key Market Drivers   The growing demand for the product in paints & coatings, cosmetics & personal care, and others


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Frequently Asked Questions (FAQ) :

The forecast period for Rheology Modifiers market research report is 2020-2030.

Global Rheology Modifiers market is dominated by APAC region.

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.) among others.