TMR_Research_Reports_2017 Rheology Modifiers Market Global Industry Analysis | Page 2

Rheology Modifiers Market
REPORT
Rheology Modifiers Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2016 – 2024
The global rheology modifiers market has been predicted in a market intelligence publication penned
by Transparency Market Research (TMR) to hold a significantly fragmented nature. Across major
regional markets, industry players could encounter a heavy opposition from other players during the
course of the forecast period 2016 - 2024. This has been anticipated to be on account of a high
degree of competition in the market.
The cost of switching among different players could be ignorable for a higher percentage of
consumers, considering their solid supply chains and global presence that allow them to secure a
larger share. Akzo Nobel N.V. and BASF SE have been expected to be among the key players in the
market.
As per the statistic procured by TMR in its publication, the global rheology modifiers market has been
prophesied to record a handsome valuation of US$6.8 bn by 2024 at a 3.7% CAGR for the
aforementioned forecast years. In 2015, the market had reached a US$4.9 bn. By product, the
organic market could grow at a faster pace after attaining a larger share of 63.0% in 2015.
Geographically, Asia Pacific has been forecasted to be a faster-expanding market with a 3.9% CAGR
on the cards.
Browse Market Research Report @ http://www.transparencymarketresearch.com/rheology-
modifiers-market.html
Vendors Take Advantage of Growing Paints and Coatings and Personal Care Markets
The ability of rheology modifiers to alter the physical characteristics of fluids for better suiting a
function has been envisaged to raise the demand in market through top applications such as paints
and coatings and construction. With a high level of activities witnessed in these applications, any rise
in their growth could mean a favorable prospect for market players. The elevation in demand in the
automotive sector has been projected to provide a strong momentum to the paints and coatings
market.
More opportunities could take shape in the world rheology modifiers market on the back of a high sale
of personal care products. Properties such as anti-sagging, leveling, and stabilizing emulsions could
set the tone for a strong growth in the world rheology modifiers market. A majority of organoclay
Transparency Market Research
2