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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.
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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.
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 -
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.
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.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
PART 06: MARKET SIZING
PART 07: FIVE FORCES ANALYSIS
PART 08: MARKET SEGMENTATION BY PRODUCT TYPE
PART 09: MARKET SEGMENTATION BY APPLICATION
PART 10: CUSTOMER LANDSCAPE
PART 11: REGIONAL LANDSCAPE
PART 12: DECISION FRAMEWORK
PART 13: DRIVERS AND CHALLENGES
PART 14: MARKET TRENDS
PART 15: VENDOR LANDSCAPE
PART 16: VENDOR ANALYSIS
PART 17: APPENDIX
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