BASF SE (Germany) and Clariant (Switzerland) are the Key Players in the Rheology Modifiers Market

BASF SE (Germany) and Clariant (Switzerland) are the Key Players in the Rheology Modifiers Market

Browse 115 market data Tables and 50 Figures spread through 173 Pages and in-depth TOC on “Rheology Modifiers Market”
Rheology Modifiers Market by Type (Organic and Inorganic), Application (Paints & Coatings, Cosmetics & Personal Care, Adhesives & Sealants, Inks, Pharmaceuticals, Home and I&I Products, Oil & Gas, Construction)

The global rheology modifiers market size is projected to reach USD 8.6 billion by 2024 from USD 7.2 billion in 2019, at a CAGR of 3.5%, between 2019 and 2024. The growing demand from the applications and increasing crude oil production & shale gas exploration is expected to support the growth of the rheology modifiers market. However, the shift from print to digital media is restraining the growth of the market. The increasing focus on deep and ultra-deepwater drilling has created opportunities for manufacturers. BASF SE (Germany), Clariant (Switzerland), Lubrizol Corporation (US), and Ashland (US) are the major players in the rheology modifiers market.

BASF SE (Germany) is one of the leading producers of rheology modifiers. BASF SE is one of the leading providers of rheology modifiers for coating solutions. The development of new technologies to produce innovative products and expansion of the existing production capacities are the main strategies adopted by this organization. In November 2019, the company launched a new rheology modifier, Rheovis HS 1181, which is an APEO-free HASE thickener, mainly designed for high PVC paints. This has helped the company to fulfill the growing demand for rheology modifiers across the globe.

To know about the assumptions considered for the study download the pdf brochure

Clariant (Switzerland) is another leading player in this market. The company invests significantly in R&D for new technologies and innovations in product development. As part of its growth strategy, Clariant is principally focusing on organic strategy. The company launched two new rheology modifiers to meet the rising demands of end-users. Recently, in March 2018, the company launched a new rheology modifier called Aristoflex, for premium personal care products.

BYK Additives & Instruments (Germany) is also a leading producer of rheology modifiers. The company has adopted organic as well as inorganic growth strategies in the rheology modifiers market. In November 2017, BYK Additives & Instruments expanded the production facility at Gonzales, Texas. Along with the capacity expansion, the company also established a new R&D center at the same location. Around USD 50 million was invested by the company in this expansion. This helped the company to meet the increasing demand for rheology modifiers. In October 2016, BYK Additives & Instruments entered into a supply agreement with Nexeo Solutions (US). Under this agreement, Nexeo Solutions will distribute BYK’s additives to the household, and the I&I cleaning industry.

Request for sample report:

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Sanjay Gupta
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States