Pune, India -- (SBWIRE) -- 04/25/2018 -- Organic Rheological Modifiers Market – Overview

Organic Rheological Modifiers are those substance used to alter the flow of fluid and are predominantly utilized in number of end use industries such as pharmaceuticals, oil & gas, personal care, paints & coatings, building & construction, and others. Organic Rheological Modifiers Market is estimated to witness moderate growth due to their broad range of application usage specifically in construction, aerospace, and automotive. On the basis of the end use industries segment, building & construction as well as automotive together accounted for the leading market share in terms of value and volume owing to rising per capita disposable income combined with rising passenger vehicle production and sales in emerging economies across the globe. Furthermore, growing commercial, institutional, and residential construction activities in developed and developing economies is estimated to drive the growth of the market. Pharmaceutical end use industry segment is expected to witness significant growth on account of rising awareness regarding the benefits associated with the product along with high adoption rate from medical & healthcare sector.

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Geographically, Asia Pacific emerged as the largest market for Organic Rheological Modifiers in 2016, followed by Europe and North America. The North American Organic Rheological Modifiers Market is estimated to witness steady growth with a moderate CAGR over the estimated period owing to strong growth of aerospace industry along with increasing exploration activities in this region. In North America, the market is further segmented into Canada and the U.S., among them the U.S. is estimated to hold for more than 70% of the total regional market share of Organic Rheological Modifiers due to large defense budget coupled with continuous growth of aerospace industry. Asia Pacific is anticipated to witness superior growth over the assessment period in Organic Rheological Modifiers market during 2017 to 2023. The demand for Organic Rheological Modifiers is expected to raise in numerous economies of Asia Pacific such as the Philippines, Japan, Taiwan, China, India, Malaysia, Thailand, Singapore, Australia, and South Korea on account of increasing middle class population along with shifting of manufacturing unit for many prominent market players in this region. In Europe, organic rheological modifiers market is predicted to register healthy growth due to shifting consumer preference towards the Organic Rheological Modifiers Based personal care products along with the strong presence of cosmetics and personal care manufacturers specifically in Germany, Spain, Italy, U.K., France, and Russia. In addition, numerous countries of Latin America and the Middle East & Africa are anticipated to witness moderate growth in Organic Rheological Modifiers due to growing disposable income combined with rising sales of personal care products specifically in Brazil and Mexico as well as improving building & construction activities in Qatar, Saudi Arabia, Kuwait, and the UAE.

Industry/ Innovation/ Related News:

December 2017– Cargill beauty, a part of Cargill group announced to expand their business in Latin America. With this expansion the company aim is to expand their portfolio and also increase their global reach which will make company one of the biggest players in beauty and personal care market.

September 2013– The Lubrizol Corporation announced to introduce newest rheology modifier as Glucamate (TM) CCO thickener. This product is an ester of methyl glucose and is used as surfactants in personal care and cosmetics. This product launch helped company to strengthen its position in global market.

Competitive Landscape

The Organic Rheological Modifiers Report has analysed the level of competition among the major manufacturers as well as sector growth and market scenario. The Global Organic Rheological Modifiers Market comprised of a large number of suppliers operating in the market which comprises large scale and medium scale manufacturers. The prominent manufacturers of Organic Rheological Modifiers and medium level producers which has strong hold in the market have shifted their focus towards growth association specifically by Asia Pacific as small level and medium level suppliers belongs to this region specifically from the Philippines, Australia, Taiwan, Singapore, China, South Korea, Malaysia, Thailand, India, Bangladesh, Indonesia, and Japan. On the other hand, the major manufacturers of Organic Rheological Modifiers are following numerous strategic plans to enhance their product portfolio by set up research and development centres across the various locations in world, strategic acquisition and mergers, joint ventures, product launches, and exclusive agreements. Some of the important players in this market are growing their production capacity of Organic Rheological Modifiers to meet the increasing demand for Organic Rheological Modifiers across the globe.

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