A report published by IMARC Group titled “Guar Gum Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022” provides an extensive and a thorough evaluation of the global guar gum powder market. Guar Gum powder is obtained from ground endosperm of guar plant which is usually cultivated in India and Pakistan. Typically produced as a free-flowing, off-white powder, guar gum has excellent thickening capacity with a high solubility in water. Guar gum powder finds numerous applications across a variety of industries such as food, textile, pharmaceuticals, health care, nutrition, explosives, cosmetics, paper, personal care, mining and oil drilling. It is mainly used as a natural thickener, emulsifier, stabiliser, bonding agent, hydrocolloid, gelling agent, flocculants and fracturing agent. According to the report, the demand for guar gum is highly influenced by the petroleum market as one of the most significant applications of guar gum has been in petroleum production, mainly in hydraulic fracturing. The Shale gas exploration in the United States further led to a surge in the demand for guar gum. The report further finds that the global production of guar gum has experienced fluctuating demand and price trends in recent years with volumes reaching 0.7 Million Tons in 2016.
Request a free sample copy of the report: http://www.imarcgroup.com/request?type=report&id=590&flag=B
The report has segmented the market on the basis of key applications and also gives a market share evaluation of major regions. Presently, the oil drilling sector represents the biggest end-user of guar gum powder accounting for about 60% of the total global consumption. Other major end-use industries are food, pharmaceuticals and cosmetics, paper and textile industries. Region-wise, the United States is the leading market for guar gum powder accounting for around one-third of the global guar gum consumption, followed by Germany and India. The report has further examined the competitive landscape of this market. Some of the key players covered in the report include Vikas WSP Ltd., Hindustan Gum & Chemicals Ltd., Pakistan Gum Industries Pvt. Ltd., India Glycols Ltd. and Rama Industries.
Click here for summary of the report with TOC: http://www.imarcgroup.com/guar-gum-powder-manufacturing-plant
This report has provided a detailed technical insight on setting up and operating a guar gum powder manufacturing plant. It covers all the prerequisites of the guar gum powder market and provides an in-depth analysis of the industry performance, processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the guar gum industry in any manner.
Browse related reports:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Company Name: IMARC Group
Contact Person: Anand Ranjan
Country: United States