What is the estimated value of the global Rheology Modifiers Market?

The global market for Rheology Modifiers was estimated to be valued at US$ XX Mn in 2021. Read More

What is the expected growth rate of the global Rheology Modifiers Market during the forecast period?

The global Rheology Modifiers Market is estimated to grow at a CAGR of XX% by 2028. Read More

What are the key industry segments covered in the report?

The global Rheology Modifiers Market is segmented on the basis of Type, Application, Distribution Channel, Region. Read More

On the basis of region, how is the global Rheology Modifiers Market segmented?

Based on region, the global Rheology Modifiers Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Read More

Who are the key players competing in the global Rheology Modifiers Market?

The key players operating in the global 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). Read More

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: 89 | Figures: 71

Rheology Modifiers Market News

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 Market Report Snapshots

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Global Rheology Modifiers Market size was valued at USD 7.96 Billion in 2022 and is poised to grow from USD 8.24 Billion in 2023 to USD 11.45 Billion by 2031, growing at a CAGR of 4.2% in the forecast period (2024-2031).

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. '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'

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.

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.

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.

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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

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