Rheology Modifiers Market Covid-19 Impact Analysis, Overview, Analysis, Trends and Forecasts to 2027
According to a recent Emergen Research study, the global rheology modifiers market will be worth USD 9,292.8 million by 2027. The paints and coatings industry is in high demand for rheology modifiers. Rheological modifiers are a common component of paints and coatings because they help control the specific properties of fluid products. By using rheology modifiers, paints can spatter in all directions during application and have a longer shelf life. Rheology modifiers are also used in formulators to control the flow of paints and coatings and achieve higher viscosity.
During the forecast period, organic is expected to be the fastest-growing rheology modifiers segment. Organic and inorganic rheology modifiers are the most commonly used types of rheology modifiers. Organic rheology modifiers have a wider range of chemistry and availability than inorganic rheology modifiers and are primarily derived from natural raw materials. They are further divided into two categories: natural and synthetic. Organic rheology modifiers are in high demand across all applications. This is primarily due to its high performance and eco-friendliness. Organic rheology modifiers can be used in a wide range of mediums, including waterborne, solvent-borne, and solventless systems.
Rheology modifiers’ benefits include shear thinning, sag control, heat stabilisation, and other features that improve the overall character of the liquid and thus its performance. This factor is regarded as the primary driver of Rheology modifier market expansion. The construction industry has recently gained traction as a result of the growing population and favourable economic conditions, which have encouraged developed countries to renovate buildings and undertake other significant construction projects. This factor has increased the demand for paints and coatings, thereby increasing the demand for rheology modifiers.
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Key Highlights of Report
Organic rheology modifiers are becoming more popular due to their low VOC (volatile organic compound) content and improved sustainability. VOC-free rheology modifiers are widely used in paints and coatings, cosmetics, and adhesives.
The use of rheology modifiers in the food and beverage industry is rapidly increasing. Salad dressings, sauce toppings, soups, bakery products, gravies, and a variety of other packaged products use rheology modifiers as additives to achieve the desired thickness and taste.
From 2020 to 2027, the Asia Pacific rheology modifiers market is expected to grow at the fastest rate. The region’s market is being driven by rising spending on building and construction activities, as well as the expansion of the automotive industry.
The Dow Chemical Company, Lubrizol Corporation, Ashland Global Specialty Chemicals Inc., Arkema SA, Croda International PLC, Akzo Nobel NV, Elementis PLC, Cargill Inc., BASF SE, and Clariant AG are among the key market participants.
Emergen Research has segmented the global rheology modifiers market in terms of product type, distribution channel, industry vertical, and region:
Product Type Outlook (Revenue, USD Billion; 2017–2027)
Distribution Channel Outlook (Revenue, USD Billion; 2017–2027)
Industry Vertical Outlook (Revenue, USD Billion; 2017–2027)
- Paints & Coatings
- Adhesives & Sealants
- Cosmetics & Personal Care
- Building & Construction
- Oil & Gas
Regional Outlook (Revenue, USD Billion; 2017–2027)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- Rest of MEA
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