Rheology Modifiers Market Size to Reach USD 9,292.8 Million by 2027 | Increasing Demand and Rising Production of Crude Oil will Drive the Industry Growth, says Emergen Research

Rheology modifiers are witnessing high demand in sectors such as paints & coatings, cosmetics, adhesives, drug development, building & construction, and oil & gas.


Vancouver, British Columbia, Jan. 20, 2021 (GLOBE NEWSWIRE) -- The global rheology modifiers market is projected to reach a market size of USD 9,292.8 Million by 2027 and register a CAGR of 3.3%, over the forecast period, according to latest analysis by Emergen Research. Rheology modifiers are witnessing high demand owing to rise in production of crude oil to bridge the growing supply-demand gap. The oil recovery process involves use of several working fluids to recover crude oil from a reservoir.

Various rheology modifiers are used in the oil recovery process, and demand for these modifiers has been increasing rapidly owing to a steady shift towards more raw material reservoirs that cannot easily be accessed. Rheology modifiers used in the oil & gas industry are capable of withstanding harsh and extreme conditions in oil wells. For instance, the salt concentration in working fluids frequently gets extremely high, and rheology modifiers are required to function effectively in such conditions, and are also subjected to varying and extreme temperatures.

In the cosmetics & personal care industry, rheology modifiers are used in body washes, shampoos, lotions, facial cleansers, and gels. These additives enable control of flow characteristics, stabilization of formulations, and texture improvement. This enables cosmetic constituents to remain suspended for a longer period. Rising global demand for cosmetics is a major factor resulting in rising demand for rheology modifiers.

Claim Your FREE Sample Copy with Table of content@ https://www.emergenresearch.com/request-sample-form/431

Companies Profiled in Rheology Modifiers Market Report Include:

Dow Chemical Company, Lubrizol Corporation, Ashland Global Specialty Chemicals Inc., Arkema SA, Croda International PLC, Akzo Nobel NV, Elementis PLC, Cargill Inc., BASF SE, and Clariant AG

Key Highlights of Report

  • In January 2020, Milliken & Company made an announcement about the acquisition of Borchers Group Limited from The Jordan Company. LP. Borchers Group Limited produces a wide range of additives, including rheology modifiers.
  • Inorganic rheology modifiers are used as secondary thickening agents in aqueous formulations for enhancing the anti-settling, anti-sag, and anti-spattering features of a coating.
  • Rheology modifiers are of immense significance in the pharmaceutical industry, wherein these are used to control drug formulation and development, raw material quality, drug effectiveness, patients' adherence to the prescribed drug, and others.
  • North America accounted for a significantly large revenue share in the global rheology modifiers market in 2019. Dominance of this region can be attributed to revenue share contribution from the US market, driven by surging demand for cosmetics and personal care products. The high demand in the US is due to factors such as growing focus on personal appearance and hygiene, availability of new and more multi-purpose cosmetics and personal products, availability of products for consumers of varying age groups, high product visibility at physical stores as well as on e-Commerce platforms, and high spending capacity of consumers in the country. Furthermore, presence of large geriatric population is another factor driving product demand and market growth in the region.

Check Our Prices@ https://www.emergenresearch.com/select-license/431
Emergen Research has segmented the global rheology modifiers market in terms of product type, distribution channel, industry vertical, and region:

  • Product Type Outlook (Revenue, USD Billion; 2017–2027)
    • Organic
    • Inorganic
  • Distribution Channel Outlook (Revenue, USD Billion; 2017–2027)
    • Online
    • Offline
  • Industry Vertical Outlook (Revenue, USD Billion; 2017–2027)
    • Paints & Coatings
    • Adhesives & Sealants
    • Cosmetics & Personal Care
    • Inks
    • Pharmaceuticals
    • Building & Construction
    • Oil & Gas
    • Others

Click to access the Report Study, Read key highlights of the Report and Look at Projected Trends:   https://www.emergenresearch.com/industry-report/rheology-modifiers-market

  • Regional Outlook (Revenue, USD Billion; 2017–2027)
    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. U.K.
      3. France
      4. BENELUX
      5. Rest of Europe
    • Asia Pacific
      1. China
      2. Japan
      3. South Korea
      4. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of MEA

Take a Look at our Related Reports:

Spherical graphite market size was valued at USD 2,435.8 Million in 2019 and is forecasted to reach USD 9,598.8 Million by 2027 at a CAGR of 18.6%. The spherical graphite market is observing a double-digit growth attributed to its increasing usage in lithium-ion battery production.

Sodium dichromate market size was valued at USD 759.2 Million in 2019 and is forecasted to reach USD 1,242.4 Million by 2027 at a CAGR of 6.3%. The sodium dichromate market is observing high demand attributed to its increasing application in pigment, metal finishing, chromium compounds preparation, leather tanning, and wood preservative.

Acoustic insulation market size was valued at USD 12.94 Billion in 2019 and is forecasted to reach USD 19.64 Billion by 2027 at a CAGR of 5.3%. The acoustic insulation market is observing high demand attributed to its increasing application in building & construction, automotive, aerospace, and manufacturing.

About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

Facebook | LinkedIn | Twitter | Blogs

Read Full Press Release@ https://www.emergenresearch.com/press-release/global-rheology-modifiers-market