Guar Gum Market by Function (Thickening, Gelling, Binding, Friction Reducing), Application (Food & Beverages, Oil & Gas, Paper Manufacturing, Mining & Explosives, Pharmaceuticals & Cosmetics), Grade, and Region - Global Forecast to 2022
“The guar gum market projected to grow at a CAGR of 7.9%”
The guar gum market is projected to grow at a CAGR of 7.9% from 2017 to reach USD 1,115.8 million by 2022. The demand for guar gum is projected to be on the rise, owing to factors such as the booming oil & gas industry, increasing demand for convenience and processed food, and growth in innumerable applications such as mining, explosives, pharmaceutical, cosmetic, and paper industries, due to their multi-functional properties. Growth in shale gas production and increasing demand for frozen and dairy food products, are fueling the growth of guar gum demand. However, the market for guar gum is expected to fluctuate due to its high dependency on rainfall and the crude oil market. Also, the development of substitutes such as xanthan gum and locust gums can pose as a restraint for the market growth.
“Oil & gas segment, by application, is projected to be the fastest-growing in the guar gum market”
In terms of both value and volume, the oil & gas segment is projected to grow at the highest rate between 2017 and 2022. Due to functional properties such as friction reduction, thickening, gelling, and high viscosity, guar gum is widely used in oil well drilling, geological drilling, and water drilling activities. The rise in oil drilling and oil recovery activities in countries such as Saudi Arabia, Iran, Iraq, the U.S., Canada, and Argentina is expected to increase the demand for guar gum in the coming years.
“North America is estimated to be the fastest-growing region in the market.”
In the global guar gum market, North America is estimated to be the fastest-growing region, in terms of value and volume, between 2017 and 2022. This region comprises developed economies such as the U.S., Canada, and Mexico, which occupies a significant share in the global guar gum market. Large volumes of guar gum imported by the U.S. and Canada, for the oil & gas industry, is the main factor contributing to the dominance and fast growth of North America in the global guar gum market.
The rising shale gas industry coupled with the increase in consumer demand for processed & convenience foods in the North American and European regions, drive the demand of the guar gum. Application of guar gum in multiple industries such as mining, explosives, paper manufacturing, textile, firefighting, tobacco, and photography due to its multifunctional properties, is another factor contributing to the increasing demand for guar gum from these regions.
Break-up of primaries:
Research Coverage
The guar gum market has been segmented on the basis of grade, application, function, food & beverage application, and region. In terms of insights, this research report has focused on various levels of analyses—industry analysis, market share analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging & high-growth segments of the global guar gum market, high-growth regions, countries, and their respective regulatory policies, government initiatives, drivers, restraints, opportunities, and challenges.
Reasons to buy this report:
The guar gum market is projected to grow at a CAGR of 7.9% from 2017 to reach USD 1,115.8 million by 2022. The demand for guar gum is projected to be on the rise, owing to factors such as the booming oil & gas industry, increasing demand for convenience and processed food, and growth in innumerable applications such as mining, explosives, pharmaceutical, cosmetic, and paper industries, due to their multi-functional properties. Growth in shale gas production and increasing demand for frozen and dairy food products, are fueling the growth of guar gum demand. However, the market for guar gum is expected to fluctuate due to its high dependency on rainfall and the crude oil market. Also, the development of substitutes such as xanthan gum and locust gums can pose as a restraint for the market growth.
“Oil & gas segment, by application, is projected to be the fastest-growing in the guar gum market”
In terms of both value and volume, the oil & gas segment is projected to grow at the highest rate between 2017 and 2022. Due to functional properties such as friction reduction, thickening, gelling, and high viscosity, guar gum is widely used in oil well drilling, geological drilling, and water drilling activities. The rise in oil drilling and oil recovery activities in countries such as Saudi Arabia, Iran, Iraq, the U.S., Canada, and Argentina is expected to increase the demand for guar gum in the coming years.
“North America is estimated to be the fastest-growing region in the market.”
In the global guar gum market, North America is estimated to be the fastest-growing region, in terms of value and volume, between 2017 and 2022. This region comprises developed economies such as the U.S., Canada, and Mexico, which occupies a significant share in the global guar gum market. Large volumes of guar gum imported by the U.S. and Canada, for the oil & gas industry, is the main factor contributing to the dominance and fast growth of North America in the global guar gum market.
The rising shale gas industry coupled with the increase in consumer demand for processed & convenience foods in the North American and European regions, drive the demand of the guar gum. Application of guar gum in multiple industries such as mining, explosives, paper manufacturing, textile, firefighting, tobacco, and photography due to its multifunctional properties, is another factor contributing to the increasing demand for guar gum from these regions.
Break-up of primaries:
- By Company Type: Tier 1 – 50 %, Tier 2 – 20%, and Tier 3 – 30%
- By Designation: C level – 40%, Director level – 30%, and Others – 30%
- By Region: North America – 20%, Europe – 17%, Asia-Pacific – 48%, and RoW – 15%
Research Coverage
The guar gum market has been segmented on the basis of grade, application, function, food & beverage application, and region. In terms of insights, this research report has focused on various levels of analyses—industry analysis, market share analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging & high-growth segments of the global guar gum market, high-growth regions, countries, and their respective regulatory policies, government initiatives, drivers, restraints, opportunities, and challenges.
Reasons to buy this report:
- To get an overview of the global guar gum market
- To get an overview of the key players of the guar gum industry
- To gain insights of the major regions in which the guar gum market is growing
- To gain knowledge of the growth of various grades of guar gum
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.4 PERIODIZATION CONSIDERED
1.5 CURRENCY CONSIDERED
1.6 UNIT CONSIDERED
1.7 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primaries
2.2 MACROINDICATORS
2.2.1 INTRODUCTION
2.2.1.1 Increasing natural gas consumption
2.2.1.2 Increasing demand for processed food products
2.2.1.3 Growth in livestock population
2.2.1.4 Changing climatic conditions
2.3 MARKET SIZE ESTIMATION
2.4 MARKET BREAKDOWN & DATA TRIANGULATION
2.5 ASSUMPTIONS AND LIMITATIONS
2.5.1 ASSUMPTIONS
2.5.2 LIMITATIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN THE GUAR GUM MARKET
4.2 GUAR GUM MARKET, BY GRADE
4.3 NORTH AMERICA HELD THE LARGEST SHARE IN THE GUAR GUM MARKET
4.4 GUAR GUM MARKET, BY FUNCTION
4.5 GUAR GUM MARKET, BY FOOD & BEVERAGES APPLICATION
4.6 GUAR GUM MARKET: BY REGION
4.7 PRODUCT LIFE CYCLE, BY REGION
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 EVOLUTION OF GUAR GUM
5.3 MARKET DYNAMICS
5.3.1 DRIVERS
5.3.1.1 Growing demand for guar gum in the oil & gas industry
5.3.1.2 Increasing applications of guar gum owing to its multifunctional properties
5.3.2 RESTRAINTS
5.3.2.1 Lack of R&D activities in some countries
5.3.2.2 Trade barriers
5.3.2.3 Fluctuating prices of guar and its products
5.3.2.3.1 Dependence on climatic conditions
5.3.2.3.2 High dependency on crude oil prices
5.3.3 OPPORTUNITIES
5.3.3.1 Increased consumption of convenience food
5.3.3.2 Emerging markets that have immense potential
5.3.4 CHALLENGES
5.3.4.1 Development of guar gum substitutes
5.3.4.2 Export-oriented commodity and unavailability of stocks
6 GUAR GUM MARKET, BY GRADE
6.1 INTRODUCTION
6.2 FOOD-GRADE
6.3 INDUSTRIAL-GRADE
6.4 PHARMACEUTICAL-GRADE
7 GUAR GUM MARKET, BY FUNCTION
7.1 INTRODUCTION
7.2 THICKENING
7.3 GELLING
7.4 BINDING
7.5 FRICTION REDUCING
7.6 OTHER FUNCTIONS
8 GUAR GUM MARKET, BY APPLICATION
8.1 INTRODUCTION
8.2 OIL & GAS
8.3 FOOD & BEVERAGES
8.4 MINING & EXPLOSIVES
8.5 PAPER MANUFACTURING
8.6 PHARMACEUTICALS & COSMETICS
8.7 OTHERS
9 GUAR GUM MARKET, BY FOOD & BEVERAGE APPLICATION
9.1 INTRODUCTION
9.2 BAKERY & CONFECTIONERY PRODUCTS
9.3 DAIRY & FROZEN PRODUCTS
9.4 BEVERAGES
9.5 SAUCES & DRESSINGS
9.6 OTHERS
10 GUAR GUM MARKET, BY REGION
10.1 INTRODUCTION
10.2 NORTH AMERICA
10.2.1 U.S.
10.2.2 CANADA
10.2.3 MEXICO
10.3 EUROPE
10.3.1 GERMANY
10.3.2 SPAIN
10.3.3 ITALY
10.3.4 FRANCE
10.3.5 U.K.
10.3.6 REST OF EUROPE
10.4 ASIA-PACIFIC
10.4.1 CHINA
10.4.2 INDIA
10.4.3 PAKISTAN
10.4.4 REST OF ASIA-PACIFIC
10.5 ROW
10.5.1 SOUTH AMERICA
10.5.2 MIDDLE EAST
10.5.3 OTHERS IN ROW
11 REGULATIONS GOVERNING THE GUAR GUM MARKET
11.1 OVERVIEW
11.2 NORTH AMERICA
11.2.1 U.S.
11.2.2 CANADA
11.3 EUROPE
12 COMPETITIVE LANDSCAPE
12.1 INTRODUCTION
12.2 COMPETITIVE BENCHMARKING
12.3 COMPANY RANKING
*Top 15 companies analyzed for this study are - Hindustan Gums & Chemicals Ltd. (India), Vikas WSP (India), India Glycols Ltd. (India), Rama Gum Industries (India), Dabur (India), Jai Bharat Gums & Chemicals Ltd. (India), Neelkanth Polymers (India), Guangrao Liuhe Chemicals Co. Ltd. (China), Lucid Group (India), Global Gums & Chemicals Pvt. Ltd. (Pakistan), Ashland Specialty Ingredients (U.S.), Ingredion Inc. (U.S.), Altrafine Gums (India), Ruchi Soya Industries Ltd. (India), Supreme Gums Pvt. Ltd. (India),
13 COMPANY PROFILES
(OVERVIEW, PRODUCTS AND SERVICES, FINANCIALS, STRATEGY & DEVELOPMENT)*
13.1 CARGILL
13.2 E.I. DUPONT DE NEMOURS AND COMPANY
13.3 SHREE RAM INDUSTRIES
13.4 INGREDION INCORPORATED
13.5 ASHLAND INC.
13.6 VIKAS WSP LTD.
13.7 HINDUSTAN GUMS AND CHEMICAL LIMITED
13.8 DABUR INDIA LTD
13.9 INDIA GLYCOLS LTD
13.10 NEELKANTH POLYMERS
13.11 LUCID GROUP
13.12 GLOBAL GUMS AND CHEMICALS PVT LTD
13.13 GUANGRAO LIUHE CHEMICAL CO., LTD.
13.14 JAI BHARAT GUMS AND CHEMICALS LTD
13.15 ALTRAFINE GUMS
13.16 SUPREME GUMS PRIVATE LIMITED
13.17 RUCHI SOYA INDUSTRIES LIMITED
13.18 RAMA GUM INDUSTRIES
*Details on Overview, Products and Services, Financials, Strategy & Development might not be Captured in case of Unlisted Companies.
14 APPENDIX
14.1 DISCUSSION GUIDE
14.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.3 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
14.4 AVAILABLE CUSTOMIZATIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.4 PERIODIZATION CONSIDERED
1.5 CURRENCY CONSIDERED
1.6 UNIT CONSIDERED
1.7 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primaries
2.2 MACROINDICATORS
2.2.1 INTRODUCTION
2.2.1.1 Increasing natural gas consumption
2.2.1.2 Increasing demand for processed food products
2.2.1.3 Growth in livestock population
2.2.1.4 Changing climatic conditions
2.3 MARKET SIZE ESTIMATION
2.4 MARKET BREAKDOWN & DATA TRIANGULATION
2.5 ASSUMPTIONS AND LIMITATIONS
2.5.1 ASSUMPTIONS
2.5.2 LIMITATIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN THE GUAR GUM MARKET
4.2 GUAR GUM MARKET, BY GRADE
4.3 NORTH AMERICA HELD THE LARGEST SHARE IN THE GUAR GUM MARKET
4.4 GUAR GUM MARKET, BY FUNCTION
4.5 GUAR GUM MARKET, BY FOOD & BEVERAGES APPLICATION
4.6 GUAR GUM MARKET: BY REGION
4.7 PRODUCT LIFE CYCLE, BY REGION
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 EVOLUTION OF GUAR GUM
5.3 MARKET DYNAMICS
5.3.1 DRIVERS
5.3.1.1 Growing demand for guar gum in the oil & gas industry
5.3.1.2 Increasing applications of guar gum owing to its multifunctional properties
5.3.2 RESTRAINTS
5.3.2.1 Lack of R&D activities in some countries
5.3.2.2 Trade barriers
5.3.2.3 Fluctuating prices of guar and its products
5.3.2.3.1 Dependence on climatic conditions
5.3.2.3.2 High dependency on crude oil prices
5.3.3 OPPORTUNITIES
5.3.3.1 Increased consumption of convenience food
5.3.3.2 Emerging markets that have immense potential
5.3.4 CHALLENGES
5.3.4.1 Development of guar gum substitutes
5.3.4.2 Export-oriented commodity and unavailability of stocks
6 GUAR GUM MARKET, BY GRADE
6.1 INTRODUCTION
6.2 FOOD-GRADE
6.3 INDUSTRIAL-GRADE
6.4 PHARMACEUTICAL-GRADE
7 GUAR GUM MARKET, BY FUNCTION
7.1 INTRODUCTION
7.2 THICKENING
7.3 GELLING
7.4 BINDING
7.5 FRICTION REDUCING
7.6 OTHER FUNCTIONS
8 GUAR GUM MARKET, BY APPLICATION
8.1 INTRODUCTION
8.2 OIL & GAS
8.3 FOOD & BEVERAGES
8.4 MINING & EXPLOSIVES
8.5 PAPER MANUFACTURING
8.6 PHARMACEUTICALS & COSMETICS
8.7 OTHERS
9 GUAR GUM MARKET, BY FOOD & BEVERAGE APPLICATION
9.1 INTRODUCTION
9.2 BAKERY & CONFECTIONERY PRODUCTS
9.3 DAIRY & FROZEN PRODUCTS
9.4 BEVERAGES
9.5 SAUCES & DRESSINGS
9.6 OTHERS
10 GUAR GUM MARKET, BY REGION
10.1 INTRODUCTION
10.2 NORTH AMERICA
10.2.1 U.S.
10.2.2 CANADA
10.2.3 MEXICO
10.3 EUROPE
10.3.1 GERMANY
10.3.2 SPAIN
10.3.3 ITALY
10.3.4 FRANCE
10.3.5 U.K.
10.3.6 REST OF EUROPE
10.4 ASIA-PACIFIC
10.4.1 CHINA
10.4.2 INDIA
10.4.3 PAKISTAN
10.4.4 REST OF ASIA-PACIFIC
10.5 ROW
10.5.1 SOUTH AMERICA
10.5.2 MIDDLE EAST
10.5.3 OTHERS IN ROW
11 REGULATIONS GOVERNING THE GUAR GUM MARKET
11.1 OVERVIEW
11.2 NORTH AMERICA
11.2.1 U.S.
11.2.2 CANADA
11.3 EUROPE
12 COMPETITIVE LANDSCAPE
12.1 INTRODUCTION
12.2 COMPETITIVE BENCHMARKING
12.3 COMPANY RANKING
*Top 15 companies analyzed for this study are - Hindustan Gums & Chemicals Ltd. (India), Vikas WSP (India), India Glycols Ltd. (India), Rama Gum Industries (India), Dabur (India), Jai Bharat Gums & Chemicals Ltd. (India), Neelkanth Polymers (India), Guangrao Liuhe Chemicals Co. Ltd. (China), Lucid Group (India), Global Gums & Chemicals Pvt. Ltd. (Pakistan), Ashland Specialty Ingredients (U.S.), Ingredion Inc. (U.S.), Altrafine Gums (India), Ruchi Soya Industries Ltd. (India), Supreme Gums Pvt. Ltd. (India),
13 COMPANY PROFILES
(OVERVIEW, PRODUCTS AND SERVICES, FINANCIALS, STRATEGY & DEVELOPMENT)*
13.1 CARGILL
13.2 E.I. DUPONT DE NEMOURS AND COMPANY
13.3 SHREE RAM INDUSTRIES
13.4 INGREDION INCORPORATED
13.5 ASHLAND INC.
13.6 VIKAS WSP LTD.
13.7 HINDUSTAN GUMS AND CHEMICAL LIMITED
13.8 DABUR INDIA LTD
13.9 INDIA GLYCOLS LTD
13.10 NEELKANTH POLYMERS
13.11 LUCID GROUP
13.12 GLOBAL GUMS AND CHEMICALS PVT LTD
13.13 GUANGRAO LIUHE CHEMICAL CO., LTD.
13.14 JAI BHARAT GUMS AND CHEMICALS LTD
13.15 ALTRAFINE GUMS
13.16 SUPREME GUMS PRIVATE LIMITED
13.17 RUCHI SOYA INDUSTRIES LIMITED
13.18 RAMA GUM INDUSTRIES
*Details on Overview, Products and Services, Financials, Strategy & Development might not be Captured in case of Unlisted Companies.
14 APPENDIX
14.1 DISCUSSION GUIDE
14.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.3 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
14.4 AVAILABLE CUSTOMIZATIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
LIST OF TABLES
Table 1 GUAR GUM MARKET SIZE, BY GRADE, 2015–2022 (USD MILLION)
Table 2 GUAR GUM MARKET SIZE, BY GRADE, 2015–2022 (KT)
Table 3 FOOD-GRADE GUAR GUM MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
Table 4 FOOD-GRADE GUAR GUM MARKET SIZE, BY REGION, 2015–2022 (KT)
Table 5 INDUSTRIAL-GRADE GUAR GUM MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
Table 6 INDUSTRIAL-GRADE GUAR GUM MARKET SIZE, BY REGION, 2015–2022 (KT)
Table 7 PHARMACEUTICAL-GRADE GUAR GUM MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
Table 8 PHARMACEUTICAL-GRADE GUAR GUM MARKET SIZE, BY REGION, 2015–2022 (KT)
Table 9 GUAR GUM MARKET SIZE, BY FUNCTION, 2015-2022 (USD MILLION)
Table 10 GUAR GUM MARKET SIZE, BY FUNCTION, 2015-2022 (KT)
Table 11 THICKENING: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
Table 12 THICKENING: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (KT)
Table 13 GELLING: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
Table 14 GELLING: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (KT)
Table 15 BINDING: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
Table 16 BINDING: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (KT)
Table 17 FRICTION REDUCING: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
Table 18 FRICTION REDUCING: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (KT)
Table 19 OTHER FUNCTIONS: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
Table 20 OTHER FUNCTIONS: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (KT)
Table 21 GUAR GUM MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 22 GUAR GUM MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 23 GUAR GUM MARKET SIZE FOR OIL & GAS, BY REGION, 2015–2022 (USD MILLION)
Table 24 GUAR GUM MARKET SIZE FOR OIL & GAS, BY REGION, 2015–2022 (KT)
Table 25 GUAR GUM MARKET SIZE FOR FOOD & BEVERAGES, BY REGION, 2015–2022 (USD MILLION)
Table 26 GUAR GUM MARKET SIZE FOR FOOD & BEVERAGES, BY REGION, 2015–2022 (KT)
Table 27 GUAR GUM MARKET SIZE FOR MINING & EXPLOSIVES, BY REGION, 2015–2022 (USD MILLION)
Table 28 GUAR GUM MARKET SIZE FOR MINING & EXPLOSIVES, BY REGION, 2015–2022 (KT)
Table 29 GUAR GUM MARKET SIZE FOR PAPER MANUFACTURING, BY REGION, 2015–2022 (USD MILLION)
Table 30 GUAR GUM MARKET SIZE FOR PAPER MANUFACTURING, BY REGION, 2015–2022 (KT)
Table 31 GUAR GUM MARKET SIZE FOR PHARMACEUTICALS & COSMETICS, BY REGION, 2015–2022 (USD MILLION)
Table 32 GUAR GUM MARKET SIZE FOR PHARMACEUTICALS & COSMETICS, BY REGION, 2015–2022 (KT)
Table 33 GUAR GUM MARKET SIZE FOR OTHER APPLICATIONS, BY REGION, 2015–2022 (USD MILLION)
Table 34 GUAR GUM MARKET SIZE FOR OTHER APPLICATIONS, BY REGION, 2015–2022 (KT)
Table 35 GUAR GUM MARKET SIZE, BY FOOD & BEVERAGE APPLICATION, 2015–2022 (USD MILLION)
Table 36 GUAR GUM MARKET SIZE, BY FOOD & BEVERAGE APPLICATION, 2015–2022 (KT)
Table 37 GUAR GUM MARKET SIZE IN BAKERY & CONFECTIONERY PRODUCTS, BY REGION, 2015–2022 (USD MILLION)
Table 38 GUAR GUM MARKET SIZE IN BAKERY & CONFECTIONERY PRODUCTS, BY REGION, 2015–2022 (KT)
Table 39 GUAR GUM MARKET SIZE IN DAIRY & FROZEN FOOD, BY REGION, 2015–2022 (USD MILLION)
Table 40 GUAR GUM MARKET SIZE IN DAIRY & FROZEN FOOD, BY REGION, 2015–2022 (KT)
Table 41 GUAR GUM MARKET SIZE IN BEVERAGES, BY REGION, 2015–2022 (USD MILLION)
Table 42 GUAR GUM MARKET SIZE IN BEVERAGES, BY REGION, 2015–2022 (KT)
Table 43 GUAR GUM MARKET SIZE IN SAUCES & DRESSINGS, BY REGION, 2015–2022 (USD MILLION)
Table 44 GUAR GUM MARKET SIZE IN SAUCES & DRESSINGS, BY REGION, 2015–2022 (KT)
Table 45 GUAR GUM MARKET SIZE IN OTHER FOOD & BEVERAGE APPLICATIONS, BY REGION, 2015–2022 (USD MILLION)
Table 46 GUAR GUM MARKET SIZE IN OTHER FOOD & BEVERAGE APPLICATIONS, BY REGION, 2015–2022 (KT)
Table 47 GUAR GUM MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
Table 48 GUAR GUM MARKET SIZE, BY REGION, 2015–2022 (KT)
Table 49 NORTH AMERICA: GUAR GUM MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
Table 50 NORTH AMERICA: GUAR GUM MARKET SIZE, BY COUNTRY, 2015–2022 (KT)
Table 51 NORTH AMERICA: GUAR GUM MARKET SIZE, BY GRADE, 2015–2022 (USD MILLION)
Table 52 NORTH AMERICA: GUAR GUM MARKET SIZE, BY GRADE, 2015–2022 (KT)
Table 53 NORTH AMERICA: GUAR GUM MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 54 NORTH AMERICA: GUAR GUM MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 55 NORTH AMERICA: GUAR GUM MARKET SIZE, BY FOOD & BEVERAGE APPLICATION, 2015–2022 (USD MILLION)
Table 56 NORTH AMERICA: GUAR GUM MARKET SIZE, BY FOOD & BEVERAGE APPLICATION, 2015–2022 (KT)
Table 57 NORTH AMERICA: GUAR GUM MARKET SIZE, BY FUNCTION, 2015–2022 (USD MILLION)
Table 58 NORTH AMERICA: GUAR GUM MARKET SIZE, BY FUNCTION, 2015–2022 (KT)
Table 59 EUROPE: GUAR GUM MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
Table 60 EUROPE: GUAR GUM MARKET SIZE, BY APPLICATION, 2015-2022 (KT)
Table 61 EUROPE: GUAR GUM MARKET SIZE, BY FOOD & BEVERAGE APPLICATION, 2015-2022 (USD MILLION)
Table 62 EUROPE: GUAR GUM MARKET SIZE, BY FOOD & BEVERAGE APPLICATION, 2015-2022 (KT)
Table 63 EUROPE: GUAR GUM MARKET SIZE, BY GRADE, 2015-2022 (USD MILLION)
Table 64 EUROPE: GUAR GUM MARKET SIZE, BY GRADE, 2015-2022 (KT)
Table 65 EUROPE: GUAR GUM MARKET SIZE, BY FUNCTION, 2015-2022 (USD MILLION)
Table 66 EUROPE: GUAR GUM MARKET SIZE, BY FUNCTION, 2015-2022 (KT)
Table 67 EUROPE: GUAR GUM MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
Table 68 EUROPE: GUAR GUM MARKET SIZE, BY COUNTRY, 2015-2022 (KT)
Table 69 ASIA-PACIFIC: GUAR GUM MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 70 ASIA-PACIFIC: GUAR GUM MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 71 ASIA-PACIFIC: GUAR GUM MARKET SIZE, BY FOOD & BEVERAGE APPLICATION, 2015–2022 (USD MILLION)
Table 72 ASIA-PACIFIC: GUAR GUM MARKET SIZE, BY FOOD & BEVERAGE APPLICATION, 2015–2022 (KT)
Table 73 ASIA-PACIFIC: GUAR GUM MARKET SIZE, BY GRADE, 2015–2022 (USD MILLION)
Table 74 ASIA-PACIFIC: GUAR GUM MARKET SIZE, BY GRADE, 2015–2022 (KT)
Table 75 ASIA-PACIFIC: GUAR GUM MARKET SIZE, BY FUNCTION, 2015–2022 (USD MILLION)
Table 76 ASIA-PACIFIC: GUAR GUM MARKET SIZE, BY FUNCTION, 2015–2022 (KT)
Table 77 ASIA-PACIFIC: GUAR GUM MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
Table 78 ASIA-PACIFIC: GUAR GUM MARKET SIZE, BY COUNTRY, 2015–2022 (KT)
Table 79 ROW: GUAR GUM MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
Table 80 ROW: GUAR GUM MARKET SIZE, BY APPLICATION, 2015-2022 (KT)
Table 81 ROW: GUAR GUM MARKET SIZE, BY FOOD & BEVERAGE APPLICATION, 2015-2022 (USD MILLION)
Table 82 ROW: GUAR GUM MARKET SIZE, BY FOOD & BEVERAGE APPLICATION, 2015-2022 (KT)
Table 83 ROW: GUAR GUM MARKET SIZE, BY GRADE, 2015-2022 (USD MILLION)
Table 84 ROW: GUAR GUM MARKET SIZE, BY GRADE, 2015-2022 (KT)
Table 85 ROW: GUAR GUM MARKET SIZE, BY FUNCTION, 2015-2022 (USD MILLION)
Table 86 ROW: GUAR GUM MARKET SIZE, BY FUNCTION, 2015-2022 (KT)
Table 87 ROW: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
Table 88 ROW: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (KT)
Table 89 RECENT DEVELOPMENTS
Table 1 GUAR GUM MARKET SIZE, BY GRADE, 2015–2022 (USD MILLION)
Table 2 GUAR GUM MARKET SIZE, BY GRADE, 2015–2022 (KT)
Table 3 FOOD-GRADE GUAR GUM MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
Table 4 FOOD-GRADE GUAR GUM MARKET SIZE, BY REGION, 2015–2022 (KT)
Table 5 INDUSTRIAL-GRADE GUAR GUM MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
Table 6 INDUSTRIAL-GRADE GUAR GUM MARKET SIZE, BY REGION, 2015–2022 (KT)
Table 7 PHARMACEUTICAL-GRADE GUAR GUM MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
Table 8 PHARMACEUTICAL-GRADE GUAR GUM MARKET SIZE, BY REGION, 2015–2022 (KT)
Table 9 GUAR GUM MARKET SIZE, BY FUNCTION, 2015-2022 (USD MILLION)
Table 10 GUAR GUM MARKET SIZE, BY FUNCTION, 2015-2022 (KT)
Table 11 THICKENING: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
Table 12 THICKENING: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (KT)
Table 13 GELLING: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
Table 14 GELLING: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (KT)
Table 15 BINDING: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
Table 16 BINDING: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (KT)
Table 17 FRICTION REDUCING: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
Table 18 FRICTION REDUCING: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (KT)
Table 19 OTHER FUNCTIONS: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
Table 20 OTHER FUNCTIONS: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (KT)
Table 21 GUAR GUM MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 22 GUAR GUM MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 23 GUAR GUM MARKET SIZE FOR OIL & GAS, BY REGION, 2015–2022 (USD MILLION)
Table 24 GUAR GUM MARKET SIZE FOR OIL & GAS, BY REGION, 2015–2022 (KT)
Table 25 GUAR GUM MARKET SIZE FOR FOOD & BEVERAGES, BY REGION, 2015–2022 (USD MILLION)
Table 26 GUAR GUM MARKET SIZE FOR FOOD & BEVERAGES, BY REGION, 2015–2022 (KT)
Table 27 GUAR GUM MARKET SIZE FOR MINING & EXPLOSIVES, BY REGION, 2015–2022 (USD MILLION)
Table 28 GUAR GUM MARKET SIZE FOR MINING & EXPLOSIVES, BY REGION, 2015–2022 (KT)
Table 29 GUAR GUM MARKET SIZE FOR PAPER MANUFACTURING, BY REGION, 2015–2022 (USD MILLION)
Table 30 GUAR GUM MARKET SIZE FOR PAPER MANUFACTURING, BY REGION, 2015–2022 (KT)
Table 31 GUAR GUM MARKET SIZE FOR PHARMACEUTICALS & COSMETICS, BY REGION, 2015–2022 (USD MILLION)
Table 32 GUAR GUM MARKET SIZE FOR PHARMACEUTICALS & COSMETICS, BY REGION, 2015–2022 (KT)
Table 33 GUAR GUM MARKET SIZE FOR OTHER APPLICATIONS, BY REGION, 2015–2022 (USD MILLION)
Table 34 GUAR GUM MARKET SIZE FOR OTHER APPLICATIONS, BY REGION, 2015–2022 (KT)
Table 35 GUAR GUM MARKET SIZE, BY FOOD & BEVERAGE APPLICATION, 2015–2022 (USD MILLION)
Table 36 GUAR GUM MARKET SIZE, BY FOOD & BEVERAGE APPLICATION, 2015–2022 (KT)
Table 37 GUAR GUM MARKET SIZE IN BAKERY & CONFECTIONERY PRODUCTS, BY REGION, 2015–2022 (USD MILLION)
Table 38 GUAR GUM MARKET SIZE IN BAKERY & CONFECTIONERY PRODUCTS, BY REGION, 2015–2022 (KT)
Table 39 GUAR GUM MARKET SIZE IN DAIRY & FROZEN FOOD, BY REGION, 2015–2022 (USD MILLION)
Table 40 GUAR GUM MARKET SIZE IN DAIRY & FROZEN FOOD, BY REGION, 2015–2022 (KT)
Table 41 GUAR GUM MARKET SIZE IN BEVERAGES, BY REGION, 2015–2022 (USD MILLION)
Table 42 GUAR GUM MARKET SIZE IN BEVERAGES, BY REGION, 2015–2022 (KT)
Table 43 GUAR GUM MARKET SIZE IN SAUCES & DRESSINGS, BY REGION, 2015–2022 (USD MILLION)
Table 44 GUAR GUM MARKET SIZE IN SAUCES & DRESSINGS, BY REGION, 2015–2022 (KT)
Table 45 GUAR GUM MARKET SIZE IN OTHER FOOD & BEVERAGE APPLICATIONS, BY REGION, 2015–2022 (USD MILLION)
Table 46 GUAR GUM MARKET SIZE IN OTHER FOOD & BEVERAGE APPLICATIONS, BY REGION, 2015–2022 (KT)
Table 47 GUAR GUM MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
Table 48 GUAR GUM MARKET SIZE, BY REGION, 2015–2022 (KT)
Table 49 NORTH AMERICA: GUAR GUM MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
Table 50 NORTH AMERICA: GUAR GUM MARKET SIZE, BY COUNTRY, 2015–2022 (KT)
Table 51 NORTH AMERICA: GUAR GUM MARKET SIZE, BY GRADE, 2015–2022 (USD MILLION)
Table 52 NORTH AMERICA: GUAR GUM MARKET SIZE, BY GRADE, 2015–2022 (KT)
Table 53 NORTH AMERICA: GUAR GUM MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 54 NORTH AMERICA: GUAR GUM MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 55 NORTH AMERICA: GUAR GUM MARKET SIZE, BY FOOD & BEVERAGE APPLICATION, 2015–2022 (USD MILLION)
Table 56 NORTH AMERICA: GUAR GUM MARKET SIZE, BY FOOD & BEVERAGE APPLICATION, 2015–2022 (KT)
Table 57 NORTH AMERICA: GUAR GUM MARKET SIZE, BY FUNCTION, 2015–2022 (USD MILLION)
Table 58 NORTH AMERICA: GUAR GUM MARKET SIZE, BY FUNCTION, 2015–2022 (KT)
Table 59 EUROPE: GUAR GUM MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
Table 60 EUROPE: GUAR GUM MARKET SIZE, BY APPLICATION, 2015-2022 (KT)
Table 61 EUROPE: GUAR GUM MARKET SIZE, BY FOOD & BEVERAGE APPLICATION, 2015-2022 (USD MILLION)
Table 62 EUROPE: GUAR GUM MARKET SIZE, BY FOOD & BEVERAGE APPLICATION, 2015-2022 (KT)
Table 63 EUROPE: GUAR GUM MARKET SIZE, BY GRADE, 2015-2022 (USD MILLION)
Table 64 EUROPE: GUAR GUM MARKET SIZE, BY GRADE, 2015-2022 (KT)
Table 65 EUROPE: GUAR GUM MARKET SIZE, BY FUNCTION, 2015-2022 (USD MILLION)
Table 66 EUROPE: GUAR GUM MARKET SIZE, BY FUNCTION, 2015-2022 (KT)
Table 67 EUROPE: GUAR GUM MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
Table 68 EUROPE: GUAR GUM MARKET SIZE, BY COUNTRY, 2015-2022 (KT)
Table 69 ASIA-PACIFIC: GUAR GUM MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 70 ASIA-PACIFIC: GUAR GUM MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 71 ASIA-PACIFIC: GUAR GUM MARKET SIZE, BY FOOD & BEVERAGE APPLICATION, 2015–2022 (USD MILLION)
Table 72 ASIA-PACIFIC: GUAR GUM MARKET SIZE, BY FOOD & BEVERAGE APPLICATION, 2015–2022 (KT)
Table 73 ASIA-PACIFIC: GUAR GUM MARKET SIZE, BY GRADE, 2015–2022 (USD MILLION)
Table 74 ASIA-PACIFIC: GUAR GUM MARKET SIZE, BY GRADE, 2015–2022 (KT)
Table 75 ASIA-PACIFIC: GUAR GUM MARKET SIZE, BY FUNCTION, 2015–2022 (USD MILLION)
Table 76 ASIA-PACIFIC: GUAR GUM MARKET SIZE, BY FUNCTION, 2015–2022 (KT)
Table 77 ASIA-PACIFIC: GUAR GUM MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
Table 78 ASIA-PACIFIC: GUAR GUM MARKET SIZE, BY COUNTRY, 2015–2022 (KT)
Table 79 ROW: GUAR GUM MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
Table 80 ROW: GUAR GUM MARKET SIZE, BY APPLICATION, 2015-2022 (KT)
Table 81 ROW: GUAR GUM MARKET SIZE, BY FOOD & BEVERAGE APPLICATION, 2015-2022 (USD MILLION)
Table 82 ROW: GUAR GUM MARKET SIZE, BY FOOD & BEVERAGE APPLICATION, 2015-2022 (KT)
Table 83 ROW: GUAR GUM MARKET SIZE, BY GRADE, 2015-2022 (USD MILLION)
Table 84 ROW: GUAR GUM MARKET SIZE, BY GRADE, 2015-2022 (KT)
Table 85 ROW: GUAR GUM MARKET SIZE, BY FUNCTION, 2015-2022 (USD MILLION)
Table 86 ROW: GUAR GUM MARKET SIZE, BY FUNCTION, 2015-2022 (KT)
Table 87 ROW: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
Table 88 ROW: GUAR GUM MARKET SIZE, BY REGION, 2015-2022 (KT)
Table 89 RECENT DEVELOPMENTS
This report offers analyses and projections of the market size of each of the segments for Guar gums, in terms of value and volume. It also identifies the driving and restraining factors for the Guar gum market, with an analysis of trends, opportunities, drivers, restraints, and challenges.
Some the Prominent players in the global "Guar Gum Market" are:
- Penford Corporation U.S.)
- TIC Gums, Inc. (U.S.)
- Lucid Group (India)
- Ashland Inc. (U.S.),
- Vikas WSP Limited (India)
The global guar gum market has been growing at a significant rate due to the growing demand from the oil & gas industry. Guar gum is used in different industries, such as oil & gas, food, and pharmaceuticals. The multi-functionality in various industrial applications is an important driving factor in the market.
Guar gum is a natural additive that is used in different food applications and meets the consumer demand for healthy and value-added products. It is used as a thickener, gelling agent, stabilizer, and fat replacer. Imbalance in supply and demand and shortage of raw materials are perceived as restraints in the guar gum market.
The guar gum market is estimated to grow with the increasing demand for natural food additives. The market in the Asia-Pacific region is projected to grow at the highest CAGR due to increasing industrial application of guar gum and the growing demand for convenience foods. The key players in the market have adopted expansion & investment and new product launch as strategies to garner a larger share in the market. During the review period of January 2010 to December 2014.
