60 likes | 76 Views
The researcher assessing the Guar Gum Market dive deep to unearth intangible facts related to the key restraints, opportunities, and threats expected to shape the progress of the industry during the forecast period, 2020 - 2027.
E N D
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 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. • 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 stabilize • 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 www.reportsanddata.com
Market Summary Key Players: 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 Segmentation: 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 Other functions (coagulating, flocculating & settling agent, hardening, and strengthening) To look at the PDF Sample Report and get 30 minutes of a free consultation @ https://www.reportsanddata.com/sample-enquiry-form/2633 www.reportsanddata.com
Market Summary On the basis of application, the guar gum market has been segmented as follows: Oil & gas Food & beverages Regional Outlook : North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Grab Your Report at an Impressive Discount! Please Click Here : @ https://www.reportsanddata.com/discount-enquiry-form/2633 www.reportsanddata.com
The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com
About Us 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