Guar gum or guaran is fabricated from beans and utilized in varied industries due to its thickening and stabilizing properties. The seeds are de-husked, screened and processed acquire product. It’s produced as free flowing and off-white powder and classed as galactomannan. These are polysaccharide, comprises of sugar sucrose and mannose and solubility on top of algarroba bean gum. These are utilized in explosives trade and mixed with nitroglycerine and nitrate to produce waterproofing agent. Additional it amplifies sheet formation and folding for printing and expected to boost guar gum market.
Major restraint for gum market is emergence of gluten free substitutes like plantain fiber and chia seeds. It’s lost its luster with oversupply and reduced demand in recent years. Further, decrease in oil value has affected its demand with reduced oil & gas exploration activities globally.
Market Insights
The global Guar Gum market is expected to be around US$ 1.85 Billion by 2027 at a CAGR of 7.5% in the given forecast period.
The global Guar Gum market is segregated on the basis of Function as Thickening, Gelling, Binding, and Friction Reducing. Based on Grade the global Guar Gum market is segmented in Food-Grade, Industrial-Grade, and Pharmaceutical-Grade. Based on End-User Industry the global Guar Gum market is segmented in Food & Beverages, Oil & Gas, Paper Manufacturing, Mining & Explosives, Sauces & Dressings, and Pharmaceuticals & Cosmetics.
The global Guar Gum market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Guar Gum market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Cargill , E.I. Dupont De Nemours and Company , Shree Ram Industries , Ingredion Incorporated , Ashland Inc. , Vikas WSP Ltd. , Hindustan Gums and Chemical Limited , Dabur India Ltd , India Glycols Ltd , Neelkanth Polymers , and others are among the major players in the global Guar Gum market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Guar Gum Market has been segmented as below:
Guar Gum Market, By Function
Guar Gum Market, By Grade
Guar Gum Market, By End-User Industry
Guar Gum Market, By Region
Guar Gum Market, By Company
The report covers:
Report Scope:
The global Guar Gum market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Guar Gum market share. Major industry players with significant revenue share include Cargill , E.I. Dupont De Nemours and Company , Shree Ram Industries , Ingredion Incorporated , Ashland Inc. , Vikas WSP Ltd. , Hindustan Gums and Chemical Limited , Dabur India Ltd , India Glycols Ltd , Neelkanth Polymers , and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Guar Gum Market, By Function
5.1 Introduction
5.2 Thickening
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Gelling
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Binding
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Friction Reducing
5.5.1 Market Overview
5.5.2 Market Size and Forecast
6. Guar Gum Market, By Grade
6.1 Introduction
6.2 Food-Grade
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Industrial-Grade
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Pharmaceutical-Grade
6.4.1 Market Overview
6.4.2 Market Size and Forecast
7. Guar Gum Market, By End-User Industry
7.1 Introduction
7.2 Food & Beverages
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Oil & Gas
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Paper Manufacturing
7.4.1 Market Overview
7.4.2 Market Size and Forecast
7.5 Mining & Explosives
7.5.1 Market Overview
7.5.2 Market Size and Forecast
7.6 Sauces & Dressings
7.6.1 Market Overview
7.6.2 Market Size and Forecast
7.7 Pharmaceuticals & Cosmetics
7.7.1 Market Overview
7.7.2 Market Size and Forecast
8. Guar Gum Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 North America Guar Gum, By Function
8.2.2 North America Guar Gum, By Grade
8.2.3 North America Guar Gum, By End-User Industry
8.3 Europe
8.3.1 Europe Guar Gum, By Function
8.3.2 Europe Guar Gum, By Grade
8.3.3 Europe Guar Gum, By End-User Industry
8.4 Asia-Pacific
8.4.1 Asia-Pacific Guar Gum, By Function
8.4.2 Asia-Pacific Guar Gum, By Grade
8.4.3 Asia-Pacific Guar Gum, By End-User Industry
8.5 Rest of the World
8.5.1 Rest of the World Guar Gum, By Function
8.5.2 Rest of the World Guar Gum, By Grade
8.5.3 Rest of the World Guar Gum, By End-User Industry
9. Competitive Insights
9.1 Key Insights
9.2 Company Market Share Analysis
9.3 Strategic Outlook
9.3.1 Mergers & Acquisitions
9.3.2 New Product Development
9.3.3 Portfolio/Production Capacity Expansions
9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5 Others
10. Company Profiles
10.1 Cargill
10.1.1 Company Overview
10.1.2 Product/Service Landscape
10.1.3 Financial Overview
10.1.4 Recent Developments
10.2 E.I. Dupont De Nemours and Company
10.2.1 Company Overview
10.2.2 Product/Service Landscape
10.2.3 Financial Overview
10.2.4 Recent Developments
10.3 Shree Ram Industries
10.3.1 Company Overview
10.3.2 Product/Service Landscape
10.3.3 Financial Overview
10.3.4 Recent Developments
10.4 Ingredion Incorporated
10.4.1 Company Overview
10.4.2 Product/Service Landscape
10.4.3 Financial Overview
10.4.4 Recent Developments
10.5 Ashland Inc.
10.5.1 Company Overview
10.5.2 Product/Service Landscape
10.5.3 Financial Overview
10.5.4 Recent Developments
10.6 Vikas WSP Ltd.
10.6.1 Company Overview
10.6.2 Product/Service Landscape
10.6.3 Financial Overview
10.6.4 Recent Developments
10.7 Hindustan Gums and Chemical Limited
10.7.1 Company Overview
10.7.2 Product/Service Landscape
10.7.3 Financial Overview
10.7.4 Recent Developments
10.8 Dabur India Ltd
10.8.1 Company Overview
10.8.2 Product/Service Landscape
10.8.3 Financial Overview
10.8.4 Recent Developments
10.9 India Glycols Ltd
10.9.1 Company Overview
10.9.2 Product/Service Landscape
10.9.3 Financial Overview
10.9.4 Recent Developments
10.10 Neelkanth Polymers
10.10.1 Company Overview
10.10.2 Product/Service Landscape
10.10.3 Financial Overview
10.10.4 Recent Developments
The Guar Gum Market has been segmented as below:
Guar Gum Market, By Function
Guar Gum Market, By Grade
Guar Gum Market, By End-User Industry
Guar Gum Market, By Region
Guar Gum Market, By Company
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