Also referred to as Thickeners or Viscosifiers, [b]Rheology Modifiers[/b] are ever-present in most products to provide specific functionality to the product. They are the key components in paints & coatings as they reduce dripping and spattering of fluid during roller or brush application. It provides high viscosity at low shear rates that is useful during drilling high-angle and horizontal wells and it also prevents sag and settling of weighting material. Rheological Properties prevent sedimentation of pigments within a formulation and ensure consistency and durability of the fluid.
Due to the usage of these coatings in wide range of industries, the Global Rheology Modifiers Market is set to generate revenue of a whopping [b]$2.3 Billion[/b] by [b]2020[/b].
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Increasing usage of thickeners in Paints and Coatings Industry is the major driving force for the increase in the Rheology Modifiers Market.
On the contrary, the restricting factor for this market is the decline in consumption of Ink across the world. Increasing usage of electronic media, internet, mobile phones and other digital devices has reduced the use of published books, printed newspapers, catalogues etc. thus, a low need of ink, which has in return hampered the growth of print media.
The [b]Global Rheology Modifiers Market[/b] is segmented according to the following factors:
• By Type: Synthetics, Organoclays, Cellulose, Silica & Others.
• By composition: Levelling Agents, Pour point Depressents, Thinners, Thickeners & Others.
• By Application: Paints & Coatings, Cosmetics, Construction, Rubber and Plastics & Others.
• By Geography: North America, APAC, Europe and Rest of the World.
[b]Geographical Outlook of Rheology Modifiers Market:[/b]
The booming construction industries in the emerging economies such as, Asia-Pacific and Latin America has led to the increased demand for Paint & Coatings and Adhesives & Sealants Segment.
Global demand for Paint Additives has grown steadily over the last decade, increasing from 843,190 tons in 2000 to 1,007,590 tons in 2010. Much of this increase in demand has come from the Asia-Pacific region and this trend is expected to continue in the near future, with Asia-Pacific expected to account for 43.2% of the global demand for paint additives in 2016. The global demand for Additives is expected to reach 1,331,700 tons in 2016.
More than 40+ market companies are analyzed in depth with various quality research methodologies. The complete list of the notable players are included in this report based on factors like Company Portfolio, Product Study, Financial Status, Growth Estimations and other business prospects. Few of the top manufacturers of Rheology Modifiers mentioned in this complete list are:
• Dow Chemical Company (U.S.),
• Ashland Inc. (U.S.),
• Lubrizol Corporation (U.S.),
• BASF SE (Germany),
• Elementis Plc (U.K.),
• Clariant AG (The Switzerland),
• AkzoNobel (The Netherlands)
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