Report ID: SQMIG45J2253
Report ID:
SQMIG45J2253 |
Region:
Global |
Published Date: December, 2024
Pages:
188
|
Tables:
89 |
Figures:
71
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.
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Report ID: SQMIG45J2253