Global Guar Gum Market Growth 2023-2029

Global Guar Gum Market Growth 2023-2029

Guar Gum is a type of products that derived from guar splits that obtained from guar seed.

Guar is a leguminous plant that grows to a height of three to six feet. It bears many beanlike pods, each of which contains six to nine small, rounded seeds.

LPI (LP Information)' newest research report, the “Guar Gum Industry Forecast” looks at past sales and reviews total world Guar Gum sales in 2022, providing a comprehensive analysis by region and market sector of projected Guar Gum sales for 2023 through 2029. With Guar Gum sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Guar Gum industry.

This Insight Report provides a comprehensive analysis of the global Guar Gum landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Guar Gum portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Guar Gum market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Guar Gum and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Guar Gum.

The global Guar Gum market size is projected to grow from US$ 8373.7 million in 2022 to US$ 42070 million in 2029; it is expected to grow at a CAGR of 42070 from 2023 to 2029.

Hindustan Gum, Jai Bharat Gum and Chemicals, Neelkanth Polymers, Sunita Hydrocolloids, Vikas WSP, Guangrao Liuhe Chemical, Global Gums & Chemicals, Shandong Dongda Commerce, Jingkun Chemistry Company, Lotus Gums & Chemicals and Supreme Gums are the key manufacturters of Guar Gum. Hindustan Gum is the leader of this industry with about 12% market shares.

This report presents a comprehensive overview, market shares, and growth opportunities of Guar Gum market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Industrial Grade

Food Grade

Others

Segmentation by application

Food Industry

Petroleum Industry

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Hindustan Gum

Jai Bharat Gum and Chemicals

Neelkanth Polymers

Sunita Hydrocolloids

Vikas WSP

Guangrao Liuhe Chemical

Global Gums & Chemicals

Shandong Dongda Commerce

Jingkun Chemistry Company

Lotus Gums & Chemicals

Supreme Gums

Shree Ram Group

Wuxi Jinxin Science& Tchnology

Rama Industries

Vikas Granaries Limited

Raj Gum

Key Questions Addressed in this Report

What is the 10-year outlook for the global Guar Gum market?

What factors are driving Guar Gum market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Guar Gum market opportunities vary by end market size?

How does Guar Gum break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.