Overview: Global Sizing and Thickening Agents Market 2018-2022
Technavio’s sizing and thickening agents market forecast identifies the increasing usage of sizing and thickening agents in industrial applications as one of the primary factors that will trigger the sizing and thickening agents market worth in the coming years. Several industries such as F&B, paper, textiles, and building and construction are adopting the sizing and thickening agents, which in turn is driving the demand in the market. These agents are extensively used as food thickeners to increase the viscosity of sauces and soups without changing the taste.
Sizing and thickening agents also find application in jams, desserts, and jellies as gelling agents as they improve the texture and appearance of these products. Also, thickening agents such as waxes and petroleum jelly are used in cosmetic products. Polyethylene glycol and polyacrylic acid are some of the thickening agents that offer stability. Our sizing and thickening agents market forecast estimates that this market will grow steadily at a CAGR close to 6% until 2022.
What's your takeaway?
Technavio's industry research report on the Global Sizing and Thickening Agents Market will help you-
- Identify latent opportunities and explorative solutions in the sizing & thickening agents market
- Identify your key competition, and what's making them tick?
- Help you build a comprehensive marketing plan, applicable across 50+ countries
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Market Trends: The increasing number of oil and gas exploration activities is one of the key sizing and thickening agents market trends gaining traction in the sizing and thickening agents market. Thickening agents are witnessing humungous demand in oil and gas exploration activities. Thickening agents have the potential in increasing the viscosity of drilling fluids and improve the efficiency of fracturing in oil and gas exploration. Moreover, to improve the productivity of aging offshore reserves, the growing need to increase the offshore hydraulic fracturing will further drive the sizing and thickening agents market worth.
Top companies listed in this report
The sizing and thickening agents market is fragmented due to the presence of several players. This industry research report provides information about the competitive environment among the players in this marketspace. Moreover, our analysts also provide strategies and areas that the vendors should follow to improve their market shares and sustain the competitive environment in the thickening agent market.
The report includes an analysis of a number of companies in this marketspace including -
- Archer Daniels Midland
- Ashland
- BASF
- Cargill
- CP Kelco
- DowDuPont
Segmentation by product type and analysis of the sizing and thickening agents market
- Thickening agents
- Sizing agents
Our market research analysts have predicted that based on the product type, the thickening agents segment will account for the maximum share of the market during the next few years. The increasing demand for mineral and hydrocolloid thickening agents in F&B, paper and paperboard, and paints and coatings will be a major factor driving the market’s growth in this segment.
Geographical segmentation and analysis of the sizing and thickening agents market
This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the market throughout the forecast period. The increasing consumption of F&B and personal care products will drive the growth of the sizing and thickening agent market in this region.
Key questions answered in this report
- What will the market size and the growth rate be in 2022?
- What are the key factors driving the global sizing and thickening agents market?
- What are the key market trends impacting the growth of the global sizing and thickening agents market?
- What are the challenges to market growth?
- Who are the key vendors in the global sizing and thickening agents market?
- What are the market opportunities and threats faced by the vendors in the global sizing and thickening agents market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global sizing and thickening agents market?
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