Global guar gum market accounted to USD 796.4 million in 2017 growing at a CAGR of 8.8% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Market Top Competitors:
Some of the major players operating in global guar Gum market are
E.I. Dupont De Nemours and Company, Shree Ram Industries, Ingredion Incorporated, Ashland Inc., Vikas WSP Ltd., Hindustan Gums and Chemical Limited, Dabur India Ltd, India Glycols Ltd, Neelkanth Polymers, Lucid Group, Global Gums and Chemicals Pvt Ltd, Guangrao Liuhe Chemical Co., Ltd., Jai Bharat Gums and Chemicals Ltd, Altrafine Gums, Supreme Gums Private Limited, Ruchi Soya Industries Limited, and Rama Gum Industries among others.
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Segmentation of Market:
- By grade the global guar gum market is segmented into food-grade, industrial-grade, and pharmaceutical-grade.
- By function the global guar gum market is segmented into thickening, gelling, binding, friction reducing, and other functions.
- By application the global guar gum market is segmented into oil & gas, food & beverages, mining & explosives, paper manufacturing, pharmaceuticals & cosmetics, and others.
- Food & Beverages segment is further sub-segmented into bakery & confectionery products, dairy & frozen products, beverages, sauces & dressings, and others.
- On the basis of geography, global guar Gum market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2018, North America is expected to dominate the market.
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