inorganic rheology modifiers Market trends 2027 Product Analysis – Plascore, Universal Metaltek, Corex Honeycomb, Tubus Bauer
Market Segmentation
The global inorganic
rheology modifiers are segmented into type, application, and region. On the
basis of the type, the market is segregated into clay, fumed silica, specialty
clays, and others. The fumed silica is the most widely used inorganic rheology
modifier owing to thixotropic properties, especially in paints and coatings
industry. The product is used in the room temperature vulcanizing silicone
sealants for water proofing and structural glazing in buildings. Inorganic
rheology modifiers are being increasingly used in the skin care products such
as for lightening of acne marks, antiperspirant, fragrance, and hair care
products owing to inflammability and improved viscosity.
Based on the
application, the global market is segmented into paints & coatings,
cosmetics & personal care products, adhesives & sealants, composites,
household and industrial products, pharmaceuticals, printing ink, cable
compounds & gels, oil-well drilling, electronics, and others. Paints and
coatings accounted for the largest market share in 2017 owing to surging demand
from the major end-use industries such as automotive and construction industry.
Cosmetics & personal care industry is the second largest application owing
to enlarging demand for deodorants and UV protective skin care products
globally.
Based on the technology,
the market is segmented into water-based and solvent-based. Clay is made using
water-based technology owing to strong heat and sag resistance. Fumed silica
and specialty clay are made using solvent-based technology due to shear
thinning properties, which makes them suitable for various applications.
Regional Analysis
Based on the region, the
inorganic rheology modifiers market is segregated into North America, Europe,
Asia Pacific, Latin America, and the Middle East & Africa.
North America is the
second largest region in the inorganic rheology modifiers market with expanding
cosmetics & personal care industry as a result of rising need for UV
protective skin care products.
Asia Pacific is the
fastest growing region in the inorganic rheology modifiers market owing to the
increasing demand for cosmetics & personal care products coupled with
rising disposable income of the consumers.
Additionally, increasing
spending on healthcare coupled with rising health awareness and high per capita
income of the consumers is likely to propel the market growth.
Europe is another
significant region in the market due to growing healthcare industry with rising
geriatric population. Moreover, surging demand for paints & coating from
the reviving automotive industry is driving the market growth.
Latin America and the
Middle East & Africa are likely to witness a moderate growth during the
review period due to rising spending on the cosmetic and skin care products.
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Competitive Analysis
Some of the key players
in the global inorganic rheology modifiers market are BASF SE (Germany), Evonik
Industries AG (Germany), Jaychemmarketing (India), Cabot Corporation (U.S,),),
XUNYU CHEM (China), Orisil (Ukraine), OCI COMPANY Ltd (South Korea), ALTANA
(Germany), Tokuyama Corporation (Japan), and Wacker Chemie AG (Germany).
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