The new report by Expert Market Research titled, ‘Global Rheology Modifiers Market Report and Forecast 2021-2026’, gives an in-depth analysis of the Global Rheology Modifiers Market, assessing the market based on its segments like type, formulation, functionality, application, and region. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2016-2026)
- Historical Market Size (2020): USD 5.67 Billion
- Forecast CAGR (2021-2026): 7%
- Forecast Market Size (2026): USD 7.05 Billion
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Industry Definition and Major Segments
Rheology modifiers are materials that are used to change the flow of matter. Rheology modifiers precisely control the physical and chemical properties of fluid. Rheology modifiers are essential components for paints, inks, and coatings because they regulate the ideal physical and chemical properties.
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On the basis of types of the product, the market can be divided into:
- Organic
- Inorganic
On the basis of formulation of the product, the market can be segmented into:
- Water Based
- Solvent Based
On the basis of functionality of the product, the market can be categorised as:
- Levelling Agent
- Depressants
- Thinner
- Thickener
- Thixotropic Agents
- Others
On the basis of application, the market can be separated as:
- Sealants and Adhesives
- Paints and Coatings
- Cosmetics and Personal Care
- Pharmaceuticals
- Textiles
- Others
On the basis of region, the market is segmented into:
- North America
- Europe
- Asia
- Latin America
- Middle East and Africa
Market Trends
Rheology modifiers can alter the physical properties of fluids. This allows certain fluids to perform better, which is expected to drive market demand from various applications such as construction, coatings, and paints. The development of these applications will also fuel market growth in the coming years as more expertise in these applications is gained. The growing demand from the automotive sector is expected to drive the global rheology modifiers market during the forecast period.
Key Market Players
The major players in the market are BASF SE, The Dow Chemical Company, Arkema LLC, Clariant AG, Lubrizol Corporation, Elementis PLC, Croda International Plc, SNF (INDIA) Pvt Ltd, and Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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