Sizing and Thickening Agents Market: —
Thickening agents are substances that are extensively used to increase the viscosity of fluid which makes them ideal for the use in the food and beverage industry. Thickening agents are also used as additives in the inks, paint & coatings, and cosmetic and personal hygiene manufacturing industries. The most commonly used thickening agents are cellulose, starch, clay and silica. Sizing agents are extensively used in the paper and textile industry owing to its ability to hold ink. The growing demand from the end use industries such as food and beverage, paints and coatings, textile and paper & paper board is anticipated to be the major factor driving the global sizing and thickening agents market. Sizing and thickening Agents are segmented on the basis of type and application and region.
Ashland (U.S.), Cargill Incorporated (U.S.), CP Kelco (U.S.), The Dow Chemical Company (U.S.), BASF SE (Germany), and AKZO Nobel N.V.(Netherland), FMC Corporation (U.S.), and Archer Daniels Midland Company (U.S.) among others are some of the prominent players at the forefront of competition in the global Sizing and Thickening Agents Market and are profiled in MRFR Analysis.
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Sizing and Thickening Agents Market- Competitive Landscape
The global Sizing and Thickening Agents Market is a highly lucrative market driven by flourishing growth in packaging and petrochemical industry, along with the propelling textile industry Ashland (U.S.), Cargill Incorporated (U.S.), CP Kelco (U.S.), The Dow Chemical Company (U.S.), BASF SE (Germany), and AKZO Nobel N.V.(Netherland) among others are some of the major players operating in this market. Most of these market participants are adopting the expansion, product launch, and merger and acquisition tactics to strengthen their production capacities and market position. Taking account of these trends the global Sizing and Thickening Agents Market is projected to witness considerable competition over the forecast period of 2017-2023.
Industry/ Innovation/ Related News:
11th September 2013- Cargill made an investment of around US$ 15 million in the expansion of its French sizing and thickening agent production plant. This investment is in line with their expansion strategy of the alginates plant in Brittany and Lannilis. Moreover, the strategic location of the plant near the sea cost will help Cargill in extracting fresh brown sea weed for the production of alginate. Furthermore, this expansion will enable them to supply sustainable and cost competitive alginates to its consumers.
22nd April 2015- The Blue Diamond Growers company launched a new product almond flour in facility in Turlock, that are used in delicate cookies, breads and cakes among others in the food and beverage industry. The new product can also be used as coatings in fish, meat and soups among others as thickening agents.
The global Sizing and Thickening Agents market is geographically spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. The Asia Pacific is leading the market, among others, owing to the increasing demand for building & construction, automotive, and wind energy sector in this region. India, South Korea, China, and Japan are the major markets in this region due to the growing demand from emerging end use industries such as marine, automotive, and building & construction. North America is the second most considerable region in the global Sizing and Thickening Agents market. The U.S. is the major contributor to this region due to the presence of leading end use industries such as defense, marine, aerospace & defense.
Europe is another substantial region in the market. The major markets in this region are Germany, the U.K, France, and Italy, where there is a growing demand for Sizing and Thickening Agentss by the automobile industry. Latin America is witnessing a rise in industrialization along with the pacifying political and economic scenario in Brazil and Colombia. During the forecast period, the region anticipated holding a significant share of the global Sizing and Thickening Agents market. The Middle East & Africa is holding relatively lesser shares in the global Sizing and Thickening Agents market. It is anticipated to witness growth in coming years on account of hitherto untapped growth opportunities in the construction sector.
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TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Sizing And Thickening Agents Market
5 Industry Overview Of Global Sizing And Thickening Agents Market
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