According to a new report published by Report Monitor titled, “Rheology Modifiers Market By Type & Applications: Global Opportunity Analysis and Industry Forecast, 2017–2025,” ,” Rheology modifiers referred as mixing thickeners which are available in most of the painting products. They also use as additives in various industries such as, pharmaceuticals, cosmetics & personal care, adhesives, textile, ceramics, paper & paperboards, detergents, paints & coatings.
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The extensive growth in paints & coatings and cosmetics & personal care industries drives the rheology modifiers market due to changing lifestyle of people and development in urban areas. Broad extent of adhesives & sealant applications also is the key driver element for rheology modifier market. As well as increasing demand for printing inks in paper industries fuel up the market growth. Increasing Demand for lightweight and low carbon emitting vehicles create growth opportunity for adhesives and sealants market.
However, drastically shifting towards digital world from printing media restricts the growth of this market.
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Asia Pacific region shows great economic growth in this market due to high population & fast growing industrialization. North American region is highly in construction industry and expected to gain most market share in upcoming years. However, Europe shows steady growth due to regulation upon usage of clean raw materials for rheology modifiers.
Key Question Answered:
• What will be the market size in 2025 and at what rate it will grow?
• What trends, barriers, challenges are influencing its growth?
• Who are the major key players in global rheology modifiers market and what are their strategies?
• Which vertical industry is expected to show major growth?
• What segment and region will lead the market and why?
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The major companies profiled in the report include: BASF SE, Arkema, Clariant AG, The DOW Chemical Company, Elementis PLC, Akzo Nobel N.V., Lubrizol Corporation, Croda International PLC, and Ashland Inc.
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