Rheology Modifiers Market is anticipated to grow at a CAGR of 3.03% from 2021 to 2027 globally – Axiom MRC

The factors such as increasing application areas of the modifiers, along with ongoing focus the deep and ultra-deep-water drilling and growing production of the shale gas and crude oil exploration are responsible for driving the growth of the rheology modifiers market. The factors such as increasing adoption of rheology modifiers in the industries like oil and gas, cosmetics and personal care and paint and coating along with many benefits like improved electrolyte tolerance, increased shelf life and less prone to the dripping are also increasing the demand for the rheology modifiers across the globe.

New York, September 2021: Axiom Market Research & Consulting™ added a report on the rheology modifiers market which includes study on type, application, and geography. The rheology modifiers market was projected to grow at a CAGR of 3.03% for the forecast period 2021 to 2027. The global market is estimated and forecasted in terms of revenue (USD Million) and volume (KT) generated by the rheology modifiers market.

The report analyses the global rheology modifiers market based on the type, application, and geography. By type, the rheology modifiers market is segmented into organic and inorganic rheology modifiers. By application, the rheology modifiers market is segmented into adhesives & sealants, construction, cosmetics & personal care, home care and I&I products, inks, paints & coatings, pharmaceuticals, oil and gas, others. By geography, the rheology modifiers market is studies across the regions including North America, Europe, Asia-Pacific and Rest of the World.

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The key players of the rheology modifiers market are Akzo Nobel N.V, Arkema, Ashland, BASF SE, BYK Additives & Instruments, Croda International Plc, Cutch Oil & Allied Industries Private Limited, Dupont De Nemours Inc, Eastman Chemical Company, Cargill, Incorporated, Clariant, Elementis Plc, Evonik Industries AG, Ffc Inc, Lubrizol Corporation, Munzing Corporation, PPG Industries, SAN Nopco Limited, SNF Holding Company, The Dow Chemical Company, The Euclid Chemical Company, Hangzhou Jingyi Chemical Co.,Ltd, Kusumoto Chemicals, Ltd, Wanhua Chemical Group Co., Ltd and Zhejiang Qinghongnew Material Co., Ltd among others.

Regional Trends of Rheology Modifiers Market

Based on the geography, the rheology modifiers market is studied across the regions including North America, Europe, Asia Pacific, and Rest of the World. The Asia Pacific region have been holding the highest market share of the global rheology modifiers market. The Asia Pacific region is also estimated to be the dominating region in the rheology modifiers market during the estimated time frame. Because of the increasing demand for the rheology modifiers by several industries including cosmetics & personal care, paint & coating, growing population, high disposable income on consumer products, increasing urbanization and industrialization, along with growing infrastructural development are some of factors contributing to the growth of rheology modifiers market in the Asia Pacific region.

Rheology Modifiers Market Segmentation Highlights

• The organic segment type has dominated the rheology modifiers market in 2020 and it is also expected to maintain the dominance in the rheology modifiers market during the forecast period. The organic rheology modifiers are used in several industries like cosmetics to paints and more for changing several properties of a product based on formulation
• The cosmetics and personal care application segment of rheology modifiers market is going to experience fast growth in the rheology modifiers market during the estimated period
• Asia Pacific is expected to dominate rheology modifiers market during the forecast period

Research Objectives of Rheology Modifiers Market Report:

• Analysing the outlook of the rheology modifiers market with the recent trends and Porter’s five forces analysis
• Market dynamics, which essentially consider the factors that are impelling the present market scenario, along with growth prospects of the market over the forecast period
• Market segmentation analysis, including qualitative and quantitative research, incorporating the impact of economic and non-economic aspects
• Country-level analysis, integrating the demand and supply forces that are influencing the growth of the rheology modifiers market
• Competitive landscape involving the market share of major players, along with the key strategies adopted for development over the past five years
• Comprehensive company profiles, covering the product offerings, key financial information, recent developments and strategies employed by the major market players

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