The global
rheology modifiers market is a highly fragmented one with
a high level of competition across major regional locations. While
most of the key players with a global presence – such as BASF SE
and Akzo Nobel N.V. – hold solid supply chains in order to enjoy
large market shares, the cost of switching between players is
ignorable for most consumers. This allows a wider scope for new
players to enter the global rheology modifiers market.
“Construction and paints and coatings have always maintained a high
demand for theology modifiers, owing to their abilities to change the
physical properties of fluids to better suit a function,” says a
Transparency Market Research analyst. “For any market based this
deeply in is application industries, any growth in these applications
will feed the primary market as well. The same applies to the global
rheology modifiers market, as the high level of activities in most of
its application industries is expected to help expand the scope and
magnitude of rheology modifiers.”
Get
Sample Of Rheology
Modifiers Market Research
Report At:
Paints
and Coatings Industry Provides Best Growth Opportunity for Rheology
Modifiers Players
The global industry for paints and coatings is expected to grow at
significant rate over the next few years. This growth rate is
primarily attributed to the high levels of construction activities as
well as the currently booming automotive industry. It is also a major
application of the global rheology modifiers market. Therefore, a
growth rate in paints and coatings demand is a welcome sign for the
global rheology modifiers market. Rheology modifiers are extremely
useful in the manufacture of paints and coatings due to their many
abilities such as stabilizing emulsions, leveling, and anti-sagging.
Another factor driving the growth of the global rheology modifiers
market is the growth in demand from personal care products. The
increasing population densities in urban areas and growing disposable
income levels are promoting a higher consumption level of personal
care products and cosmetics, therefore increasing the demand for
theology modifiers.
Printing
Ink Consumption Declines, Hampering Rheology Modifiers Sales
The current era of technology is promoting the use of digital media
and text over printed media. Newspapers, magazines, and books are
rapidly being replaced with websites and e-books. As a result, the
manufacturers of printing inks have taken a major hit in profits.
Their business scope is expected to slowly decline over the coming
years.
Consequently, the global rheology modifiers market, which has always
enjoyed an important part in the printing industry, is witnessing a
decline in demand from printing companies and publication houses.
Consumers are increasingly preferring online and digital media due to
the proliferation of fast and affordable internet. Players from the
print industry have shifted their priorities and investments from
physical printing to digital media, cutting off their demand for
rheology modifiers.
Browse
The Full Rheology
Modifiers Market Research
Report At:
Owing to a collective of all the above factors, the global rheology
modifier market is expanding at a CAGR of 3.7% within a forecast
period from 2015 to 2024, in terms of revenue. This market was
recorded around US$4.8 bn in 2015 and will be valued around US$6.8 bn
by the end of 2024. In terms of volume, the global rheology modifier
market is expected to be reach over 2,585 kilo tons by 2024. The key
driver for this market will continue to be the booming paints and
coatings industry.
All facts and statistics mentioned above are taken from a research
report by TMR, titled “Rheology Modifiers (Organic and Inorganic)
Market - Global Industry Analysis, Size, Share, Growth, Trends, and
Forecast 2016 – 2024.”
Key
Segments of the Global Rheology Market
Rheology
Modifiers Market - Product Analysis
- Organic
- Inorganic
Rheology
Modifiers Market - Application Analysis
- Paints & Coatings
- Personal Care
- Adhesives & Sealants
- Textiles
- Pharmaceuticals
- Construction
- Pulp & Paper
- Others (Including Mining Chemicals, etc.)
About
Us
Transparency Market Research (TMR) is a global market intelligence
company providing business information reports and services. The
company’s exclusive blend of quantitative forecasting and trend
analysis provides forward-looking insight for thousands of decision
makers. TMR’s experienced team of analysts, researchers, and
consultants use proprietary data sources and various tools and
techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team
of research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities,
Transparency Market Research employs rigorous primary and secondary
research techniques to develop distinctive data sets and research
material for business reports.
Contact
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
No comments:
Post a Comment