Rheology Modifiers Market Incredible Potential Examined In New Market Research Report

The growing use of rheology modifiers in personal care formulations, such as lotions and creams, is a major factor propelling market growth.

WILMINGTON, DE, UNITED STATES, October 3, 2024 /EINPresswire.com/ — The global rheology modifiers market is experiencing significant growth, driven by increased demand for personal care products and expanded applications of rheology modifiers across various industries. According to a report by Allied Market Research, the market was valued at $7.6 billion in 2020 and is projected to reach $11.3 billion by 2030, registering a compound annual growth rate (CAGR) of 4.0% from 2021 to 2030. The report offers an in-depth analysis of market dynamics, key investment opportunities, emerging trends, and competitive strategies.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: https://www.alliedmarketresearch.com/request-sample/14108

Key Market Drivers:

– Rising Demand for Personal Care Products: The growing use of rheology modifiers in personal care formulations, such as lotions and creams, is a major factor propelling market growth.

– Increased Applications: Rheology modifiers are being utilized more widely across sectors like paints & coatings, adhesives, and construction, further fueling market expansion.

– Opportunities from Urbanization: Rapid urban development and an increasing number of commercial projects are expected to create lucrative opportunities for the market.

Segment Analysis:

– By Type: The organic rheology modifiers segment dominated the market in 2020, accounting for nearly 60% of the total market share. Meanwhile, the inorganic segment is expected to grow at the fastest rate with a CAGR of 4.4% during the forecast period.

– By Distribution Channel: The indirect distribution channel held the largest share in 2020, contributing nearly 60% of the market revenue. However, the direct channel is anticipated to grow at the highest CAGR of 4.5% through 2030.

Geographical Insights:

Asia-Pacific was the leading regional market in 2020, accounting for more than one-third of the global market share. This region is expected to maintain its dominance and exhibit the fastest growth, with a projected CAGR of 4.3% by 2030. Other key regions include North America, Europe, and LAMEA.

Competitive Landscape:

Leading players in the global rheology modifiers market include Arkema, Ashland, BASF SE, Akzo Nobel N.V., Berkshire Hathaway Inc., Byk Additives and Instruments, Elementis Plc., The Dow Chemical Company, Clariant, and Croda International Plc. These companies are adopting strategies such as partnerships, expansions, collaborations, and joint ventures to strengthen their market position.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐏𝐫𝐨𝐜𝐮𝐫𝐢𝐧𝐠 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐕𝐢𝐬𝐢𝐭 𝐇𝐞𝐫𝐞: https://www.alliedmarketresearch.com/rheology-modifiers-market/purchase-options

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
Allied Market Research
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