Asia Pacific Rheology Modifiers Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2024 –2031 |
Market Size (Base Year) |
USD 814.78 Million |
Market Size (Forecast Year) |
USD 1,269.52 Million |
CAGR |
|
Major Markets Players |
Asia-Pacific Rheology Modifiers Market Segmentation, By Type (Waterborne and Solvent borne), Nature (Organic and Inorganic), Distribution Channel (Direct Sales/B2B, Distributor/Third-Party Distributor/Agent/Trader, E-Commerce and Others), Application (Paints & Coatings, Inks, Personal Care and Cosmetics, Adhesives & Sealants, Textiles, Home Care, Pharmaceuticals, Construction, Pulp & Paper and Others) - Industry Trends and Forecast to 2031.
Asia-Pacific Rheology Modifiers Market Size
Asia-Pacific Rheology Modifiers Market size was valued at USD 814.78 million in 2023 and is projected to reach USD 1269.52 million by 2031, with a CAGR of 5.7% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
Attributes |
Rheology Modifiers Key Market Insights |
Segmentation |
By Type: Waterborne and Solvent borne By Nature: Organic and Inorganic By Distribution Channel: Direct Sales/B2B, Distributor/Third-Party Distributor/Agent/Trader, E-Commerce and Others By Application: Paints & Coatings, Inks, Personal Care and Cosmetics, Adhesives & Sealants, Textiles, Home Care, Pharmaceuticals, Construction, Pulp & Paper and Others |
Countries Covered |
Japan, China, South Korea, India, Australia and New Zealand, Taiwan, Hong-Kong, Singapore, Thailand, Malaysia, Indonesia, Philippines and Rest of Asia-Pacific |
Key Market Players |
ALTANA AG, Evonik Industries AG, BASF SE, Clariant, Ashland, Dow, Arkema, Cargill, Incorporated., The Lubrizol Corporation (A Subsidiary of Berkshire Hathaway), Wanhua Chemical Group Co., Ltd., DuPont, Nouryon, Eastman Chemical Company, PPG Industries, Inc., Croda International Plc and ELEMENTIS PLC. |
Rheology Modifiers Market Dynamics
Rheology modifiers are referred to as viscosity modifiers or thickeners for paints which are added to the liquid products during the production of the paint and coating products to provide rheological characteristics for the particular application, but rheology modifiers works much more than just thicken a formulation in the product. A good rheology modifier structures the formulation of the different chemicals in the products and increases the efficiency of the product by lowering the sedimentation of the solid substance and sag resistance.
Rheology modifiers products help in controlling paint ease of application, shelf stability, open time / wet edge and sagging. Rheology modifiers products influence levels, settling and film forming. Rheology modifiers are added during the production process mostly before the dispersing stage - type and amount adjusted to the dispersing equipment - to obtain optimal flow behaviour to the mill base. Rheology modifiers include two natures of products which are organic rheology modifiers and the other one is inorganic nature rheology modifiers. Organic rheology modifiers are used for the surface active, polymeric film matrix during film-formation which improves the appearance, gloss and flow of the surface. Organic rheology modifiers are the products which are mostly used in the paint and coating products.
The major restraint which are impacting the market negatively are the consumer preference changes from print to digital media which have lower the demand of the ink products in the printing. More of the advertisements are done on the internet which has lowered the demand of the ink products. Water based ink demand have also fallen due to which the demand of the rheology modifiers have fallen down. Rheology modifiers impact on the environmental is another restrain for the market as disposing of the containers which contains rheology modifiers is very difficult and leakage of the rheology modifiers in the water cannot be separated and cause harm to the environment which is the restraining factor the growth of the rheology modifiers market.
This rheology modifiers market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Asia-Pacific Rheology Modifiers Market Scope
The rheology modifiers market is segmented on the basis of type, nature, distribution channel and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Type
- Waterborne
- Solvent Borne
Nature
Distribution channel
- Direct Sales/B2b
- Distributor/Third-Party Distributor/Agent/Trader
- E-commerce
- Others
Application
- Paints & Coatings
- Inks
- Personal Care and Cosmetics
- Adhesives & Sealants
- Textiles
- Home Care
- Pharmaceuticals
- Construction
- Pulp & Paper
- Others
Asia-Pacific Rheology Modifiers Market Regional Analysis
Rheology modifiers market is analyzed and market size information is provided by country, type, nature, distribution channel and application as referenced above.
The countries covered in the Asia-Pacific rheology modifiers market report are Japan, China, South Korea, India, Singapore, Thailand, Indonesia, Malaysia, Philippines, Australia and New Zealand, Hong Kong, Taiwan and Rest of Asia-Pacific.
In Asia-Pacific rheology modifiers market, China is dominating the market as the demand for the renovation of the building and residential is more which increases the demand for the paint and coating products in the region and as it protects the machineries from getting rusted and increases the life of the machine.
The country section of the rheology modifiers market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Rheology modifiers Market Share Analysis
Asia-Pacific rheology modifiers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia-Pacific presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to Asia-Pacific rheology modifiers market.
Rheology modifiers Market Leaders Operating in the Market Are:
- ALTANA AG
- Evonik Industries AG
- BASF SE
- Clariant
- Ashland
- Dow
- Arkema
- Cargill Incorporated.
- The Lubrizol Corporation (A Subsidiary of Berkshire Hathaway)
- Wanhua Chemical Group Co., Ltd.
- DuPont
- Nouryon
- Eastman Chemical Company
- PPG Industries, Inc.
- Croda International Plc
- ELEMENTIS PLC
Latest Developments in Rheology modifiers Market
- In September 2019, Ashland decided to widen its product portfolio with the launch of the Aquaflow NMS-460E. The product is highly used in the deco paints and wood coatings. This update has helped the company to increase revenue.
Partnership, joint ventures and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organization to improve their offering for rheology modifiers through expanded range of rheology modifiers.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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