Guar Gum Market Overview
Maximize Market Research’s most recent report on the Guar Gum Market for the years 2024-2030 provides valuable insights into market competitors. The report conducts a comprehensive analysis of the market, exploring essential business insights through an in-depth examination of the market’s value chain structure, geographical aspects, applications, and anticipated market size throughout the forecast period.
Market Value :
Guar Gum Market size was valued at US$ 0.90 Bn. in 2022 and the total revenue is expected to grow at CAGR 7.4% through 2023 to 2029, reaching nearly US$ 1.48 Bn.
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Scope and Methodology of the Guar Gum Market Report:
The Guar Gum Market report aims to provide insights into market size, segment analysis, regional considerations, and industry competition. Employing a bottom-up approach, the report estimates and forecasts market growth, offering a detailed examination of key players’ revenue performance. It covers a comprehensive analysis of the Guar Gum Market at global, regional, and local levels, identifying factors that influence, drive, and challenge market growth during the forecast period.
Regional Insights:
North America emerged as the dominant region in the Guar Gum market in 2022, primarily due to the presence of market leaders. Europe and Asia Pacific are witnessing rapid growth, driven by technological advancements in these regions.
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Segmentation of the Guar Gum Market:
The market is divided into three segments: pharmaceutical, industrial, and food, based on the grade. Guar gum’s many uses allowed the food segment to take the biggest market share, making up 58.70% of the total in 2022.
by Grade
Pharmaceutical
Industrial
Food
The market is divided into three segments based on function: Friction Reducer, Thickening and Gelling Agent, Binder, and Stabilizer and Emulsifier. The Guar Gum Market has been dominated by the stabilizer and emulsifier segment, which in 2022 accounted for 54.38% of the global market share.
by Application
Oil & Gas
Food & Beverage
Pharmaceuticals & Cosmetics
The market is divided into three segments based on application: food and beverage, pharmaceuticals and cosmetics, and oils and gas. In the guar gum market in 2022, the oil and gas segment held a 37.62 percent market share.
by Function
Stabilizer & Emulsifier
Thickening & Gelling Agent
Binder
Friction Reducer
Key Players in the Guar Gum Market:
1. Hindustan Gums & Chemicals Ltd
2. India Glycols Limited
3. Rama Gum Industries Ltd.
4. Dabur India Ltd.
5. TIC
6. Nutriroma
7. AEP Colloids
8. Shree India Sino
9. Cargill Incorporated
10. DuPont
11. The INGREDION
12. Ashland
13. Vikas WSP Limited
14. Neelkanth Polymers
15. Lucid Group
16. Global Gums Chemicals
17. Guangrao Liuhe Chemical Co., Ltd.
18. Jai Bharat Gum & Chemicals LTD
19. Altrafine Gums
20. Supreme Gums Pvt. Ltd.
21. Ruchi Soya Industries Limited
22. Lamberti S.p.A.
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Table of Content: Guar Gum Market
Part 01: Executive Summary
Part 02: Scope of the Guar Gum Market Report
Part 03: Guar Gum Market Landscape
Part 04: Guar Gum Market Sizing
Part 05 Guar Gum Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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