Rheology Modifiers Market Size, Share, Growth Report 2030

Rheology Modifiers Market

Rheology Modifiers Market by Type (Organic and Inorganic) By Application (Paint & Coatings, Adhesive & Sealants, Pharmaceuticals, Oil & Gas, Construction, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028

Category: Chemical & Materials Report Format : PDF Pages: 140 Report Code: ZMR-405 Published Date: Aug-2021 Status : Published

Global Rheology Modifiers market was USD 5.1 billion in 2020 and is predicted to reach USD 7.4 billion by 2028, increasing at a 4.3% CAGR

Market Overview                           

The global Rheology Modifiers market accounted for USD 5.1 Billion in 2020 and is expected to reach USD 7.4 Billion by 2028, growing at a CAGR of around 4.3% between 2021 and 2028.       

Rheology modifiers are sometimes referred to as thickeners or viscosity modifiers but they do much more than just thicken a formulation. A good rheology modifier structures the formulation but when a force is applied it becomes flowable and easily poured. These modifiers tend to have high yield values and generally improve anti-settling, and anti-spattering properties.  

Rheology modifiers are the key ingreidents used in various end use industries such as adhesives, paints, cosmetics and personal care products. BASF SE and Clariant are the leading producer of rheology modifiers. These company focuses on expanding its presence in emerging market and maintaining a strong position in the existing ones.

However, increasing mergers and acquisitions is claimed to boost the growth of global rheology modifiers market in the near future. For example, For instance, in March 2018, Eurovia makes its position strong in France, specifically in Occitanie and Auvergne-Rhône-Alpes, with the acquirement of 2 public works firms namely Groupe Robert and SER Groupe.

COVID-19 Impact Analysis:   

Due to government-imposed lockdowns to prevent the spreading of COVID, the global rheology modifiers industry has seen a small decline in revenues in the short. The players in the industry are experiencing irregularity in demand across the globe. The management and workforce are struggling to meet business targets while surviving at basic livelihood needs. The pandemic has hit various industry such as Construction, Oil & Gas, Paint & Coatings, among others drastically, which in directly impacted on the rheology modifiers market. The shutdown of export and imports resulted in diminished demand at service station.

The significant decrease in the global Rheology Modifiers market size in 2020 is estimated on the basis of the COVID-19 outbreak and its negative impact on the economies and industries across the globe. Various scenarios have been analyzed on the basis of inputs from various secondary sources and the current data available about the situation.

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Growth Factors

Increasing demand for coatings & paint application in different sectors such as automotive & construction is likely to flourish the requirement for rheology modifiers market in the coming years. In addition to this, employment of rheology modifiers is elevating owing to increasing requirement for personal care products all over the world in the upcoming few years. On the other hand, the technological alteration to digital media from conventional paper printing is expected to slow down the requirement for rheology modifiers market. In addition to this, the fluctuating costs of gas & oil are also likely to have the negative effect on the development of rheology modifiers market in the years to come.

Nonetheless, emerging different end-industries in Asia Pacific is likely to expand new opportunities for major companies in the rheology modifiers market in the coming years. In addition to this, different mergers and acquisitions in the rheology modifiers market is set to propel the market growth.

Report Scope:  

 

Segment Analysis Preview  

On the basis of Type, Rheology Modifiers market has been divided as Organic and Inorganic. Organic segment held the major share in the market. They are diverse in terms of chemistry and availability than inorganic modifiers and mainly based on raw materials.

On the basis of Application, the market is segmented into Paint & Coatings, Adhesive & Sealants, Pharmaceuticals, Oil & Gas, Construction, and Others. Paints & coating dominated the Rheology Modifiers industry in 2020, accounting for almost 35.2% of total Rheology Modifiers sales.

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Regional Analysis Preview

Asia Pacific was the biggest area for rheology modifiers market. It added up for 36.30% share of the overall global rheology modifiers market in 2020. Asia Pacific is also likely to be the most eye-catching area of the rheology modifiers market in the forecast period owing to increasing requirement for automotive & construction sector in emerging nations such as Singapore, India, Indonesia, Vietnam, and China. In addition to this, rising overseas investments in oil & gas and construction sector in Asia Pacific is likely to tower the rheology modifiers market in the years to come.

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Key Market Players & Competitive Landscape

The major players operating Rheology Modifiers market are  BASF SE, Akzo Nobel, Arkema, The Dow Chemical Company, Ashland, Lubrizol, Clariant AG, Croda International Plc., Evonik Industries AG, and Elementis Plc.

The global Rheology Modifiers Market is segmented as follows:

By Type

  • Organic
  • Inorganic

By Application  

  • Paint & Coatings  
  • Adhesive & Sealants
  • Pharmaceuticals
  • Oil & Gas
  • Construction
  • Others

By Region  

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

Free Analysis

FrequentlyAsked Questions

The global Rheology Modifiers Market was valued at USD 5.1 Billion in 2020.

The global Rheology Modifiers Market is expected to reach USD 7.4 Billion by 2028, growing at a CAGR of 4.3% between 2021 to 2028.  

Some of the key factors driving the global Rheology Modifiers Market growth are increasing Requirement For Automotive & Construction Sector In Emerging Nations .

Asia Pacific was the biggest area for rheology modifiers market. It added up for 36.30% share of the overall global rheology modifiers market in 2020. Asia Pacific is also likely to be the most eye-catching area of the rheology modifiers market in the forecast period owing to increasing requirement for automotive & construction sector in emerging nations such as Singapore, India, Indonesia, Vietnam, and China. In addition to this, rising overseas investments in oil & gas and construction sector in Asia Pacific is likely to tower the rheology modifiers market in the years to com.  

Some of the major players of global Rheology Modifiers market includes BASF SE, Akzo Nobel, Arkema, The Dow Chemical Company, Ashland, Lubrizol, Clariant AG, Croda International Plc., Evonik Industries AG, and Elementis Plc.

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