Industry and News Rheology Modifiers Market | Page 2
industrial activities in developing nations. However, the factors that are retraining the overall
growth of the market include mounting pressure from the environmental norms and policies laid
down by the government authorities.
The strict environmental policies are eventually propelling the producers to take up the process of
reformulation of their products that will consequently add up to the unnecessary and increased cost
of research and development. Other factors that are turning a major hurdle in the growth of the
market include declining consumption of ink due to digitalization and increasing paperless activities.
Market size on the basis of type spans Inorganic rheology modifiers, and Organic rheology
modifiers.
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Market size on the basis of application spans Paints and Coatings, Inks, Cosmetics and Personal
Care, Construction compounds, Paper and paperboard coating, and Others. Among all the
applications, the segment of Paints and Coatings has taken over the largest share in the market. In
addition, the Cosmetics and personal care segment is also experiencing a robust growth which is
likely to benefit the Rheology modifiers Market.
Market size on the basis of geography spans North America, Latin America, Western Europe, Eastern
Europe, Asia Pacific, Japan, and Middle East and Africa. As far as geography is concerned, Asia
Pacific region is emerging as a promising region for Rheology Modifiers Market and plus it has been
considered as the largest producer as well as consumer of rheology modifiers, the reason being
growing construction and industrial activities in the particular region.
The other key factor that is fueling the level of demand in Asia Pacific is development of paints and
coating industry in the particular region. Other than that, Europe and America are likely to display
sluggish growth.
Market Segment:
The major manufacturers covered in this report
• BASF SE