The global rheology modifiers market is valued at 3.05 billion in 2019 and is anticipated to grow with a CAGR of 7.2% by 2028. Rheology modifiers are chemicals that are used to boost the structural properties of fluids. They are used in the formulation of inks, paints and coatings. They are used to create inks, paints and lacquers. They are organic and inorganic in two distinct ways. Furthermore, its versatility, outstanding efficiency and durability are significant phenomena and factors that affect the industry positively. They are also used in a range of applications, from paints and coatings, cosmetics and personal care, adhesives and screeners and more.
Rheology modifiers are sometimes referred to as thickeners, and although raising the apparent viscosity. The substance itself can be Newtonian or pseudo-plastic, thixotropic, a ringing gel or a stringy fluid. This will also influence the manner in which the liquid behaves in the container, how easy it is to spill or scoop out of the package, how easy it is to rub onto the skin or down the length of the hair, and how easy it is to clean and extract the liquid during use. It would also be important to select the right rheological characteristics to ensure the consistency of the finished formulation.
Increasing usage of rheology modifiers in the cosmetics industry is the prevailing trend observed globally. Furthermore, rising demand for paints and additives in which rheology modifiers act as a thickener, is expected to boost the market in the forecasted period.
Key Segments of the Global Rheology Modifiers Market
Type Overview, 2018-2028 (USD Million) (Kilo Tons)
- Organic
- In-Organic
Application Overview, 2018-2028 (USD Million) (Kilo Tons)
- Paints and coatings
- Cosmetics and Personal care
- Adhesives and Sealants
- Construction inks
- Pharmaceuticals
- Oil and Gas
Regional Overview, 2018-2028 (USD Million) (Kilo Tons)
North America
- U.S.
- Canad
Europe
- UK
- Germany
- France
- Rest of Europ
Asia Pacific
- China
- Japan
- India
- Rest of Asia-Pacifi
Middle East and Africa
- UAE
- South Africa
- Rest of Middle East and Afric
South America
- Brazil
- Rest of South America
Reasons for the study
- The purpose of the study is to give an exhaustive outlook of the global rheology modifiers market.
- The current market trends in the rheology modifiers market and valuable opportunities for the players
What does the report include?
- The study on the global rheology modifiers market includes qualitative factors such as drivers, restraints, and opportunities
- The study covers the competitive landscape of existing/prospective players in the rheology modifiers industry and their strategic initiatives for the product development
- The study covers a qualitative and quantitative analysis of the market segmented based on type, application. Moreover, the study provides similar information for the key geographies.
- Actual market sizes and forecasts have been provided for all the above-mentioned segments
Who should buy this report?
- This study is suitable for industry participants and stakeholders in the global rheology modifiers market. The report will benefit: Every stakeholder involved in the rheology modifiers market.
- Managers within the rheology modifiers industry looking to publish recent and forecasted statistics about the global rheology modifiers market.
- Government organizations, regulatory authorities, policymakers, and organizations looking for investments in trends of global rheology modifiers market.
- Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies.
The global rheology modifiers market is expected to grow at with a CAGR greater than 7.2 % during the forecast period. Rheology modifiers are mainly used in cosmetics and personal care products. Also, used in the paints and coatings segment as a thickener agent in order to improve its viscosity index. The increased use of cosmetics and personal care products right from the millennials to the old age is a contributing factor for the rheology modifiers market to grow in the coming years.
However, the rise in spending in the construction segment will promote the usage of paints and coating additives which in turn is a significant factor for the rheology modifiers to grow owing to its excellent chemical properties that enable the formulators in it to adjust the flow of the paints and coatings. Also, the importance of rheology modifiers in paints is due to its property of controlling shelf stability, ease of application, wet edge and sagging. However, they also are used more often in paints as they help in influence levelling, settling and film forming.
Type Segment
The rheology modifiers markets on the basis of type has been divided as organic and inorganic. The organic segment contributes to a major share in the rheology modifiers market. The category is responsible for more than 40 % of the overall market share. Among the most common organic rheological modifications are polymers, cellulose, alkaline-acrylic emulsions, hydrophobic urethane resin, polyurea, polyamide, and calcium sulfonate. Chemical additives thicken the formulas through way of hydrodynamic processes, i.e. the molecular weight of the addition dictates the thickening when they intertwine the molecules to render them viscous. Associative modifications depend on the non-specific interactions between the thickener molecule end-group and the formulation underneath.
For a number of purposes, polymers are considered excellent additives. The biggest advantage is that, proportional to the molecular weight, the viscosity of a polymer solution makes it possible to determine how much the mixture can use to increase the viscosity by a given amount. In addition, polymers can introduce both shear dilution and thickening behavior.
Application Segment
Paints and coatings segment dominated the global rheology modifier in 2019 Paints & coatings have a wide variety of uses in architectural, automobile, aircraft, maritime, furniture, general industrial and other industries. With population growth, strong rise and urbanization is expected during the time of forecasting, which in turn is expected to feed the Rheology Modifiers industry, with high growth of paint & coatings, adhesives & inks, cosmetics and personal care, and home care applications and I&I goods. The market for rheological innovations is expected to boost in the next few years in China, India and the USA.
In addition, rheology modifier producers can increase their income by exploiting personal care items such as cosmetic pads, acne, nasal pore strips, etc.
The global rheology modifiers market has been segmented, based on region, into Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa.
Among these, Asia Pacific has a substantial market share due to the increasing demand for paints & coatings, cosmetics & personal care products and others. The paints & coatings segment holds the largest portion and is expected to continue to lead the industry due to increased product use in various applications, such as architectural paints, water-borne automotive coatings and others. As a result, the main players on this market are countries like China, Japan, South Korea and India.
Due to the rising demand for products in the cosmetics, personal care, adhesive products and other sectors, the area in North America is increasing considerably. Advanced lifestyles and rising investment in end-use industries are projected to fuel the demand during the forecast era. The production of adhesives & sealants in end-use industries has spurred demand in countries such as the U.S., Canada, and Mexico in order to achieve remarkable market growth by offering unparalleled versatility, durability, and high-performance quality for the commodity.
The key market players profiled in the report include The Dow Chemical Company (US), BASF SE (Germany), Lubrizol Corporation (US), Arkema (France), Clariant (Switzerland), Croda International Plc. (UK), Ashland (US), Akzo Nobel N.V. (Netherlands), Elementis Plc. (UK), and BYK Additives & Instruments (Germany).