Global Thickeners Market Growth 2023-2029

Global Thickeners Market Growth 2023-2029

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.

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

This Insight Report provides a comprehensive analysis of the global Thickeners 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 Thickeners portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Thickeners market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Thickeners 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 Thickeners.

The global Thickeners market size is projected to grow from US$ 6356.5 million in 2022 to US$ 7989 million in 2029; it is expected to grow at a CAGR of 7989 from 2023 to 2029.

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.

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

Market Segmentation:

Segmentation by type
Inorganic Thickener
Cellulose Ether
Synthetic Polymer
Natural Polymer and Its Derivatives

Segmentation by application
Food & Beverages
Paints & Coatings
Cosmetics
Medicine
Detergent

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.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Thickeners market?

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

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

How do Thickeners market opportunities vary by end market size?

How does Thickeners 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.