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Market Analysis and Insights: Global Thickeners Market
Thickeners are substances added to solutions to increase the viscosity of the liquid without significantly affecting its taste and other properties. The type and quantity of thickener depends on the nature of the final product. Thickeners are usually grouped as food-grade thickeners and non-food grade thickeners. They are further segmented on the basis of raw material into mineral thickeners and hydrocolloid thickeners. Mineral thickeners such as clay and silica and hydrocolloid thickeners such as starches, gums, cellulose, gelatin, pectin, and carrageenan are covered in this report.
Due to the COVID-19 pandemic, the global Thickeners market size is estimated to be worth US$ 6497.8 million in 2022 and is forecast to a readjusted size of US$ 8122.1 million by 2029 with a CAGR of 3.2% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Inorganic Thickener accounting for % of the Thickeners global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Food & Beverages segment is altered to an % CAGR throughout this forecast period.
The production of thickener distributed in North America, Europe and China. North America account for 30% of global production, while Europe took for about 21% of total production. China took for 18%. However, Japan and South America thickener production is relatively low. Ashland, ADM, CP Kelco, MC Corp, Cargill and BASF are the famous manufacturers in this field.
As an important additive, thickener is widely used in Food & Beverages, Paints & Coatings，Detergent, etc.. Food & Beverages is the largest downstream of thickeners, taking 30% of the world thickener consumption, while Paints & Coatings and Detergent industry taking for 18% and 14%, respectively.
Global Thickeners Scope and Market Size
The global Thickeners market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Thickeners market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Inorganic Thickener
Cellulose Ether
Synthetic Polymer
Natural Polymer and Its Derivatives
Segment by Application
Food & Beverages
Paints & Coatings
Cosmetics
Medicine
Detergent
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Ashland
ADM
CP Kelco
FMC Corp
Cargill
BASF
DuPont
Dow
Ingredion
Akzo Nobel
Celanese
Eastman
PPG
Lubrizol
Henkel
Tate & Lyle
Grace
PQ Corp
BYK
Elementis
Thickeners are substances added to solutions to increase the viscosity of the liquid without significantly affecting its taste and other properties. The type and quantity of thickener depends on the nature of the final product. Thickeners are usually grouped as food-grade thickeners and non-food grade thickeners. They are further segmented on the basis of raw material into mineral thickeners and hydrocolloid thickeners. Mineral thickeners such as clay and silica and hydrocolloid thickeners such as starches, gums, cellulose, gelatin, pectin, and carrageenan are covered in this report.
Due to the COVID-19 pandemic, the global Thickeners market size is estimated to be worth US$ 6497.8 million in 2022 and is forecast to a readjusted size of US$ 8122.1 million by 2029 with a CAGR of 3.2% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Inorganic Thickener accounting for % of the Thickeners global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Food & Beverages segment is altered to an % CAGR throughout this forecast period.
The production of thickener distributed in North America, Europe and China. North America account for 30% of global production, while Europe took for about 21% of total production. China took for 18%. However, Japan and South America thickener production is relatively low. Ashland, ADM, CP Kelco, MC Corp, Cargill and BASF are the famous manufacturers in this field.
As an important additive, thickener is widely used in Food & Beverages, Paints & Coatings，Detergent, etc.. Food & Beverages is the largest downstream of thickeners, taking 30% of the world thickener consumption, while Paints & Coatings and Detergent industry taking for 18% and 14%, respectively.
Global Thickeners Scope and Market Size
The global Thickeners market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Thickeners market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Inorganic Thickener
Cellulose Ether
Synthetic Polymer
Natural Polymer and Its Derivatives
Segment by Application
Food & Beverages
Paints & Coatings
Cosmetics
Medicine
Detergent
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Ashland
ADM
CP Kelco
FMC Corp
Cargill
BASF
DuPont
Dow
Ingredion
Akzo Nobel
Celanese
Eastman
PPG
Lubrizol
Henkel
Tate & Lyle
Grace
PQ Corp
BYK
Elementis
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