The Rheology Modifiers Market is being driven by Growing demand for efficient and high-performance additives in paint and coating industry
The Rheology Modifiers Market is expected to grow at a CAGR of 3.2% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 1387.3 million. The global rheology modifiers market is witnessing a notable surge in the adoption of nanotechnology. Rheology modifiers are essential additives used to enhance the flow properties, stability, and overall performance of various materials. Nanoparticles, characterized by dimensions in the nanometer range, offer distinctive attributes that significantly boost the efficacy of rheology modifiers. One of the key advantages of integrating nanoparticles into rheology modifiers is their capacity to induce shear-thinning behavior. Shear-thinning is a phenomenon where a material's viscosity diminishes under the influence of shear stress, thereby facilitating easier flow. Nanoparticles can be seamlessly incorporated into rheology modifiers to generate a network structure that disintegrates under shear stress, enabling improved flow dynamics.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
200 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.2% |
Market growth 2024-2028 |
USD 1387.3 million |
Market structure |
fragmentation |
YoY growth 2023-2024(%) |
3.06 |
Key countries |
US, China, Germany, Japan, and South Korea |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Rheology Modifiers Market encompasses a range of additives, including viscosity control agents, thickeners, viscoifiers, and additives that modify flow characteristics. These products find extensive applications in various industries such as Construction [Concrete admixtures, Dams, Roads, Bridges, Housing complexes], Paints & coatings, Cosmetics personal care, Adhesives & sealants, Home care, I&I products, Inks, Oil & gas, and more. Organic rheology modifiers derived from organic matter like clays and fumed silica are increasingly popular. Inorganic matter also plays a role in this market. Applications include modifying the viscosity and flow properties of concrete, inks, and other industrial applications.
The Rheology Modifiers Market is a significant segment of the commodity chemicals industry, focusing on the production of viscosity control additives for various applications. These include concrete admixtures, used in the construction of infrastructure projects such as dams, roads, bridges, commercial buildings, and housing complexes. Rheology modifiers optimize texture in these applications, enhancing their overall performance. The market comprises both organic and inorganic modifiers, with organic segment gaining traction due to the increasing usage of bio-based rheology modifiers derived from plant extracts and polysaccharides. The global demand for rheology modifiers is expected to grow substantially due to the increasing construction activities and the need for improved concrete properties.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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