Global Rheology modifiers Market Size study, by Type (Organic and Inorganic), Application (Paints & Coatings, Cosmetics & Personal Care, Adhesives & Sealants, Inks, Pharmaceuticals, and others), and Regional Forecasts 2022-2028

Global Rheology modifiers Market is valued at approximately USD 8 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 3.5% over the forecast period 2022-2028. Rheology modifiers are chemicals that alter the flow of matter. Rheology modifiers are used to adjust the physical and chemical characteristics of a fluid. Rheology modifiers are used in paints, inks, and coatings to control the desired physical and chemical properties. 

These are designed to provide formulators total control over the viscosity, texture, and suspension of personal care and household items. Increasing Crude Oil Production and Shale Gas Exploration and Increase in Purchasing Power of Middle-Class Population are the major factor driving the growth of the rheology modifiers market. According to U.S. Energy Information Administration, 

The United States produced over 33.5 trillion cubic feet (Tcf) of dry natural gas in 2020, an average of roughly 91.5 billion cubic feet per day and the second-highest yearly volume ever recorded. Dry natural gas output in the United States was around 10% higher than total natural gas consumption in 2020. Total offshore dry natural gas production was at 1 Tcf in 2020, with 71 percent coming from federal waters in the Gulf of Mexico. Federal Gulf of Mexico output was at 0.7 Tcf, or 2% of total dry natural gas production in the United States. In 2020, offshore output from Alabama, Alaska, California, Louisiana, and Texas accounted for around 0.3 percent of total US dry natural gas production. However, Environmental Impact impedes the growth of the market over the forecast period of2022-2028.

The key regions considered for the global Rheology modifiers Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is leading the market share worldwide, owing to infrastructural developments in the region and growing population have increased the use of rheology modifiers in various applications. Also, increased economic growth, followed by significant investments in area such as construction, oil and gas, power generation, and other industries. The expansion of the rheology modifiers market in the region is also projected to be aided by industry alliances.

Major market players included in this report are

Akzo Nobel N.V.
Croda International Plc.
Berkshire Hathaway Inc.
ARKEMA S.A.
Byk Additives and Instruments
The Dow Chemical Company
BASF SE
Elementis Plc.
Clariant
Ashland Global Holdings Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Application offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Organic
Inorganic
By Application:
Paints & Coatings
Cosmetics & Personal Care
Adhesives & Sealants
Pharmaceuticals
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia 
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Rheology modifiers Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors