Thickening and Sizing Market Facts, Figures and Analytical Insights, 2018 to 2028

From: factmr
Published: Fri Apr 19 2019

Introduction: Thickening and Sizing Agents Market

From the last couple of decades, the chemical sector is playing an important role in the contribution towards growth of regional and global economics. Chemicals are used in several forms such as solvents, chemical intermediates, reagents, catalysts, additives, thickening and sizing agents. Thickening and sizing agents are vital chemicals used in the industry for various applications and end uses. Thickening and sizing agents are the substances that increase the viscosity and volume of the liquid without changing its properties. Sizing agent is useful for fibers to impart desired qualities and to minimize absorbency of fibers by keeping its resistance properties constant to make them useful for end use application such as printing. On the basis of the classification, sizing agents are classified as surface sizing and internal sizing agents. On the other hand, thickening agents are used as additives in the end-use products for several industrial application such as paints and inks, explosives, and many more. Usually used thickening agents are cellulose, starch, clay, and silica. Thickening agents are derived from polysaccharides such as proteins, vegetables, and gums.

Market Dynamics: Thickening and Sizing Agents Market

Research and development in the field of additives is expected to create growth opportunities for the thickening and sizing agents market in the coming future. There are several factors that impact the growth of the thickening and sizing agents market such as increasing demand for food and beverage industrial products as well as increasing demand for nutritive products. The thickening and sizing agents market is expected to gain traction at a significant CAGR during the forecast period owing to current trends of application of clean-label products, and new product developments in end-use industries. Along with these positive factors, there are some challenging factors that are expected to restrict the growth of the thickening and sizing agents market such as increasing pollution by use of thickening and sizing agents in chemical processing, as well as mineral resources depletion and fluctuation in prices of raw materials. †

However, thickening agents are highly preferable over sizing agents, owing to extensive use in diversified end use applications globally. In addition to this, the risk of fire and explosion and air pollution is minimum as compared to sizing agent. On the basis of market volume share, thickening agents are expected to hold more than two-third of the thickening and sizing agents market globally. Growth in the manufacturing of end-use products is expected to fuel the market for thickening and sizing agents during the forecast period.

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Market Segmentation: Thickening and Sizing Agents Market

The thickening and sizing agents market is segmented on the basis of product type and application.

On the basis of product type, the thickening and sizing agents market are segmented as

Sizing agents are segmented as:

Thickening agents are segmented as:

On the basis of application, the thickening and sizing agents market is segmented as:

Thickening and Sizing Agents for Food and Beverage
Thickening and Sizing Agents for Paper and Paperboard
Thickening and Sizing Agents for Paints and Coatings
Thickening and Sizing Agents for Textile and Fiber
Thickening and Sizing Agents for Other applications

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Regional Outlook: Thickening and Sizing Agents Market

On the basis of regional developments, the Asia Pacific region is projected to account for more than one-third share in the global thickening and sizing agents market by value and volume followed by Western Europe and North America. The key players from Europe and Americas are holding approximately more than half of the thickening and sizing agents market. Lucrative demand prospective is expected in the Western Europe thickening and sizing agents market owing to substantial presence of manufacturing industries including paints and coatings and cosmetics. Growth of the thickening and sizing agents market in China is expected to exhibit firm growth owing to increasing usage in textile, paints and coatings and other chemical industries. The global key players are planning to invest in the Chinese market to expand and sustain their share in thickening and sizing agents market.

Key Participants: Thickening and Sizing Agents Market

Examples of some of the key participants identified across value chain of the thickening and sizing agents market are:

Cargill Incorporated
AkzoNobel N.V.
P. Kelco
Archer Daniels Midland
FMC Corporation
Evonik Industries
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