Rheology Modifiers Market Size, Share, Growth Analysis, By Type (Organic, Inorganic), By End Use (Paints & Coatings, Personal Care & Cosmetics), By Distribution Channel (Direct, Indirect), By Region -Industry Forecast 2025-2032
Report ID:
SQMIG45J2253 |
Region:
Global |
Published Date: December, 2024
Pages:
188
|Tables:
0
|Figures:
0
Rheology Modifiers Market Insights
Rheology Modifiers Market size was valued at USD 8.24 Billion in 2023 and is poised to grow from USD 8.59 Billion in 2024 to USD 11.93 Billion by 2032, growing at a CAGR of 4.2% during the forecast period (2025-2032).
The rheology modifiers industry is expected to grow significantly in the future owing to the increased demand for rheology modifiers from sectors such as paints & coatings and personal care & cosmetics, along with growing shale gas exploration and crude oil production. Rheology modifier additives are commonly used in various applications and industries to control and influence fluid properties, including shear thickening or thinning. These modifiers can alter viscosity, enhance texture, and improve application qualities for manufacturers. They are also necessary for making sure that products have the stability and homogeneity that are desired. Rheology modifiers are gaining increasing demand in personal care and cosmetic formulations, where they help manage the texture, stability, and spread ability of products such as creams, lotions, and gels. They also enhance flow and leveling capabilities in paints and coatings. In the oil and gas industry, shale gas exploration, and crude oil production have emerged with specific additives, rheology modifiers, for adjusting wellbore stability and the optimization of drilling fluids along with ensuring successful operations. The market is growing as the consumption of specific types of rheology modifiers such as arginine, laponite, xanthan gum, K-carrageenan, and several others increases. Adoption of these additives is expected to increase as industries continue to realize their benefits, which would help drive the rheology modifiers market growth through the forecast period.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Fastest Growth
Growth Rate
CAGR
To get more reports on the above market click here to Buy The Report
Rheology Modifiers Market Segmental Analysis
The global rheology modifiers market is segmented into type, end use, distribution channel, and region. By type, the market is bifurcated into organic and inorganic. Depending on end use, it is classified into paints & coatings, personal care & cosmetics, pharmaceuticals, oil & gas, construction, and others. According to distribution channel, the market is divided into direct and indirect. Regionally, the market is studied across North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America.
Analysis by Distribution Channel
Based on the 2023 rheology modifiers market forecast, the indirect channel was the market leader with 58.9% market share. This is because the end consumers preferred retailers, wholesalers, and exporters. The easy availability of rheology modifiers through a lot of these channels has caused large numbers of sectors to gain easy access to these products. Furthermore, high penetration by end users in most industries such as paints and coatings, personal care, and oil and gas has forced producers to seek indirect channels for distribution. Contributing to the expansion of the global market, these channels provide an easily practical way of accessing varied markets and ensuring efficient supply of rheology modifiers across the globe.
However, in the future, the direct channel is predicted to increase significantly because of the rise in local supply and output. Rheology modifiers are nowadays directly delivered to customers by more producers using direct distribution tactics that decrease costs and increase demand in some regions. This trend toward direct supply will allow businesses to offer better prices and respond better to the needs of the local market. In the forecast period, the trend of the direct channel is expected to positively affect market dynamics by making the distribution process more effective and thus improving access to the product in the region.
Analysis By Type
As per the rheology modifiers market analysis, the organic rheology modifiers accounted for 62.3% of market revenue, leading the global market share. The main underlying factor behind this strong market is the large pool of organic modifiers, each coming with a unique chemical structure that could be used for a broad application. Due to their favorable environmental profiles, organic rheology modifiers are in high demand in industries that place a lot of emphasis on sustainability. Over the past ten years, demand has been driven by their capacity to enhance product performance, including stability, texture, and viscosity. Moreover, most producers now use organic modifiers because of greater performance and adaptability in areas such as food, paints, coatings, and personal care.
Contrarily, mineral-based additives, which are highly known for their shear-thinning and thixotropic properties, include silica, clay, and talc, that illustrate inorganic rheology modifiers. Since they exhibit properties in which flow behavior has to be regulated and controlled, their applications cover drilling fluids, paints and coatings, as well as personal care formulas. The oil and gas industry relies widely on inorganic modifiers that help stabilize the viscosity of drilling fluids. In addition, they are essential additives for various consumer products because of their ability to provide thickening and gelling properties. However, inorganic-based rheology modifiers are preferred for certain applications due to their performance and cost-effectiveness compared to organic counterparts, despite being more specialized in use.
To get detailed analysis on other segments, Request For Free Sample Report
Rheology Modifiers Market Regional Insights
Due to the high demand from markets such as paints and coatings, personal care, and oil and gas, North America accounted for a significant share of the market for rheology modifiers in 2023. With a robust industrial base, substantial investments in shale gas exploration, and crude oil production, the region witnessed an increasing demand for the use of rheology modifiers in drilling fluids and other similar end-products. An increased sense of sustainability and eco-friendliness among consumers in North America is also contributing to the market. Technical enhancements, a well-built supply chain, and high awareness among customers are also responsible for the region's leadership position.
However, Asia-Pacific is predicted to register the highest growth rate in the rheology modifiers industry during the forecast period. The growth of this expansion is being driven by strong demand across industries such as construction, automotive, paints & coatings, personal care, and energy, as well as the rapid industrialization of countries, including China, India, and Japan. The growth of these sectors will drive up demand for rheology modifiers sharply to improve production procedures and product performance. Rheology modifier usage is also being driven by the ever-increasing emphasis on eco-friendly and sustainable products in the marketplace. Investments in the energy, industrial, and infrastructure development sectors promise Asia Pacific to be the fastest-growing market for rheology modifiers.
- Largest
- Fastest
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Rheology Modifiers Market Dynamics
Drivers
Increasing Consumer Demand for Eco-Friendly Products
- Organic rheology modifiers are driven by consumers who seek eco-friendly, sustainable products. The low environmental impact of the modifiers allows them to adhere more to tighter sustainability standards in sectors like food, paints and coatings, and personal care. Organic rheology modifiers are growing increasingly important in satisfying the demands for environmentally responsible consumers because more businesses are shifting their way toward green formulations and pushing the market forward.
Growth in the Gas and Oil Sector
- With shale gas exploration and crude oil production on the rise, the demand for rheology modifiers, particularly in drilling fluids, has seen a significant upsurge. These modifiers that improve the performance, stability, and efficiency of fluids used in the extraction of oil and gas, make it possible for flow control and wellbore stability to improve. As the energy sector globally expands, the demand for these modifiers is expected to advance, thus complementing market growth.
Restraints
High Production Costs
- Rheology modifiers, especially organic ones, require expensive raw materials and advanced manufacturing techniques to be produced. The high costs may limit the adoption of rheology modifiers especially by the SMEs in regions where prices are a concern. High production costs, therefore, increase the challenge of reaching markets and further slow the adoption of the market, especially in poorer countries where consumers are sensitive to prices.
Limited Supply of Raw Materials
- Some rheology modifiers, primarily organic ones, require specific raw materials that are not always available or may suffer interruptions in supply chains. This can lead to unstable supplies and volatile prices for the raw material. These limitations may influence production schedules and supplies that may hinder expansion into new markets, especially in areas requiring the large-scale production of rheology modifiers.
Request Free Customization of this report to help us to meet your business objectives.
Rheology Modifiers Market Competitive Landscape
The rheology modifiers market is highly competitive with international companies and small local firms. In that regard, some of the key players are BASF SE, Arkema S.A., and Dow Chemical Company. These companies focus on the development of new products and diversification of inorganic and organic rheology modifiers and extending market penetration through acquisitions and strategic alliances. Another area where businesses are differentiating themselves and responding to the growing consumer demand for green products is by incorporating sustainable practices and innovation in technology breakthroughs.
Top Player’s Company Profile
- BASF SE
- The Dow Chemical Company
- Lubrizol Corporation
- Clariant
- Arkema
- Ashland
- Akzo Nobel N.V.
- Elementis Plc.
- BYK Additives & Instruments
- Cargill Incorporated
- DuPont
- Evonik Industries AG
- PPG Industries
- Croda International Plc
- Wacker Chemie AG
Recent Developments
- In February 2024, AkzoNobel N.V. completed upgrading its coatings manufacturing plant in Como, Italy, for USD 22.7 million. That will be able to have four more production lines to provide automobile primers and architectural coatings, thereby improving the company's capacity to serve clients all across Eastern Europe.
- Cargill Incorporated discovered a new rheology modifier brand called "Aristoflex Eco T" on the market in February 2023. This brand allows cosmetic formulators to make premium products without compromising biodegradability.
- CP Kelco U.S., Inc. (U. S), one of the leading global manufacturers and inventor of hydrocolloid solutions, has announced plans to expand its manufacturing capability in the United States in January 2022.
Rheology Modifiers Key Market Trends
- Increasing Adoption of Organic and Natural Rheology Modifiers: Nowadays, companies are striving to utilize natural rheology modifiers in food, cosmetics, and medicines as they comply with rising demands in the market for the consumption of natural, organic, and clean-label products. Sustainable product development has also become an important driver of this trend.
- Advancements in Rheology Modifier Formulations Technology: Research and development in formulating rheology modifiers is constantly improving performance, stability, and cost-effectiveness. To expand the possible applications of these modifiers, the manufacturers are focusing on new products showing improved thixotropic, temperature stability, and shear-thinning properties.
Rheology Modifiers Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected using Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, demand for green products and the increasing oil and gas industry are predicted to drive demand in this market. Market expansion is expected to be a challenge in the face of increased production costs and the scarcity of raw materials, but development in terms of rising consumption of natural modifiers and improved product form is creating opportunities. Asia-Pacific is predicted to dominate market leadership, while North America is expected to continue to hold its position. In these transitioning markets, those manufacturers who focus upon innovation, sustainable development, and growth in regional markets will possess an edge.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 7.96 Billion |
| Market size value in 2031 | USD 11.45 Billion |
| Growth Rate | 4.2% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Rheology Modifiers Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Rheology Modifiers Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Rheology Modifiers Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Rheology Modifiers Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Rheology Modifiers Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Rheology Modifiers Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
USA (+1) 351-333-4748
