Jan 3, 2019   SOURCE: BusinessWire

Global Guar Gum Market Forecast to 2022 - Ashland, Guangrao Liuhe Chemical, Hindustan Gums & Chemicals, India Glycols, Ruchi Soya Industries, and Vikas WSP are the Leading Players - ResearchAndMarkets.com

The "Global Guar Gum Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The guar gum market is anticipated to register a CAGR of over 8% by 2022.

With the rising concern and awareness about convenience food and the use of natural ingredients in food and beverages, the demand for guar from the food and beverages industry in increasing at a steady rate. Guar gum is also used in food and beverages, including baked food products, fruit juice, various dressings, frozen food products.

Moreover, the increasing purchasing power of buyers owing to rising per capita income in developed and developing countries as well as expected to result per capita income in developed and developing countries as well as expected to result in increased consumption of processed food.

Increasing urban population and preference for convenience food will fuel the growth of the food processing industry which will subsequently drive the demand for guar gum.

Growing Demand for Fast Hydrated Guar Gum in the Oil & Gas Industry

Guar gum, derived from guar seeds, is one of the major commercial feedstock used in the oil and gas industry for applications including oil well fracturing, oil drilling rigs, oil well stimulation shale gas production, and other exploration activities. The rapid growth in shale gas and oil exploration globally will drive the market growth.

Fluctuating Guar Gum Prices

Fluctuations in the prices of guar seeds pose a threat to the market growth. Globally, India dominated the production of guar seeds and the heavy dependence on climatic conditions in India affects crop production.

Market Trends

  • Rising Demand from the Food & Beverage Industry
  • Growing Inclination Toward Natural Ingredients in Cosmetic Products

Key Players

  • Ashland
  • Guangrao Liuhe Chemical
  • Hindustan Gums & Chemicals
  • India Glycols
  • Ruchi Soya Industries
  • Vikas WSP

Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Application

8. Customer Landscape

9. Regional Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/jlvksd/global_guar_gum?w=4