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Guar Gum Market To Reach USD 978.2 Million By 2027 |Cargill, Shree Ram Industries, Ingredion Incorporated, Ashland, Vikas WSP Limited www.reportsanddata.com sales@reportsanddata.com
Market Summary Market Size – USD 569.5 Million in 2019, Market Growth - CAGR of 6.9%, Market Trend-Increasing use in oil and gas industries, especially in fracking Use in various industrial applications, demand in pharmaceutical industries, developing food & beverage industries in APAC region, and investment in massive production plants is driving demand.
Our Approach Market Summary According to the current analysis of Reports and Data, the global Guar Gum market was valued at USD 569.5 million in 2019 and is expected to reach USD 978.2 million by the year 2027, at a CAGR of 6.9%. Guar gum has a considerable contribution to the look and feel of many products we use in our daily routine. Obtained from a multistage industrial process, it is used throughout various industries as a cost-effective, thickening, and stabilizing agent. Guar gum can be used in various formulations. It works as an emulsifier because it helps to prevent oil droplets from coalescing and as a stabilizer because it helps to prevent solid particles from settling. Guar gum is a hydrocolloid, which is particularly useful for making thick pastes without forming a gel, and for keeping water bound in a sauce or emulsion. Fast hydrating slurriable guar is used in the stimulation of oil and gas wells as fracturing fluid. Guar Gum and its derivatives are extensively used in various industries as per their needs. It is utilized in industries such as food, animal feed, textile, pharmaceuticals, personal care, health care, nutrition, cosmetics, paper, explosives, mining, and oil drilling. Altrafine gums, Ahmedabad, India, provide guar gum for pulp and paper industry, guar gum for textiles, and also guar gum for the cosmetics industry. Guar seeds are also termed as Guar Gum. Guar gum, as natural gums are advantageous as a natural gelling agent for different industrial purposes. Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/2633
Our Approach Market Summary Further key findings from the report suggest Guar gum is a novel agrochemical processed from endosperm of cluster bean. It is largely used in the form of guar gum powder as an additive in food, pharmaceuticals, paper, textile, explosive, oil well drilling and cosmetics industry Industrial applications of guar gum are possible because of its ability to form hydrogen bonding with water molecule. Thus, it is chiefly used as thickener and stabilizer Consumption of guar gum rapidly increased but it was the development of anionic and cationic guar gum derivatives and their use in oil and gas well stimulation that gave guar gum its present commercial importance In textile and carpet printing, guar gum thickens the dye solutions which allow more sharply printed patterns to be produced The production of paper is enhanced by an addition of small amounts of guar gum to the pulp. It serves as a fiber deflocculent and dry-strength additive Asia-Pacific occupies the greatest market share, with 82.0% in 2019. The region will also show the highest CAGR during the forecast period To identify the key trends in the industry, click on the link below @ https://www.reportsanddata.com/report-detail/guar-gum-market
Our Approach Market Summary Key participants : Cargill (US), Shree Ram Industries (India), Ingredion Incorporated (US), Ashland Inc. (US), Vikas WSP Limited (India), Hindustan Gums and Chemical Limited (India), Dabur India Ltd. (India), India Glycols Ltd. (India), Neelkanth Polymers (India), Lucid Group (India), Global Gums and Chemicals Pvt Limited (Pakistan), GuangraoLiuhe Chemical Co., Ltd. (China) For the purpose of this study, Reports and Data have segmented Guar Gum market on the basis of function, application, grade and region: On the basis of grade, the guar gum market has been segmented as follows: Food-grade Industrial-grade Pharmaceutical-grade On the basis of function, the guar gum market has been segmented as follows: Thickening Gelling Binding Friction reducing
Our Approach Market Summary On the basis of application, the guar gum market has been segmented as follows: Oil & gas Food & beverages Bakery & confectionery products Dairy & frozen products Beverages Sauces & dressings Others (meat & poultry products, snacks, noodles, soups, and pasta) Mining & explosives Paper manufacturing Pharmaceuticals and cosmetics Others (textile, animal feed, tobacco, ceramic, and synthetic resins) Order Now @ https://www.reportsanddata.com/checkout-form/2633
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com About Us Our Approach About Us
