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Global Guar Gum Market Growth 2019-2024
SKU ID : LPI-13870918 | Publishing Date : 19-Feb-2019 | No. of pages : 165
Guar Gum is a type of products that derived from guar splits that obtained from guar seed.
The guar gum industry concentration is relatively high. Global giant manufactures mainly distributed in India and Pakistan. The manufacturers in India have a long history and unshakable status in this field. It takes about 78.94% of global market in 2016, followed by the Pakistan of 10.85%. Manufacturers such as Hindustan Gum have relative higher level of product’s quality.
The market is not only influenced by the price, but also influenced by the product performance. Although small companies have price advantage, the application is narrow to some extent due to the poor manufacture processing, cheap raw material and less diversity of products.
The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
According to this study, over the next five years the Guar Gum market will register a 29.5% CAGR in terms of revenue, the global market size will reach US$ 13900 million by 2024, from US$ 2950 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Guar Gum business, shared in Chapter 3.
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.
This study considers the Guar Gum value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Industrial Grade
Food Grade
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Food Industry
Petroleum Industry
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Guar Gum consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Guar Gum market by identifying its various subsegments.
Focuses on the key global Guar Gum manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Guar Gum with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Guar Gum submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The guar gum industry concentration is relatively high. Global giant manufactures mainly distributed in India and Pakistan. The manufacturers in India have a long history and unshakable status in this field. It takes about 78.94% of global market in 2016, followed by the Pakistan of 10.85%. Manufacturers such as Hindustan Gum have relative higher level of product’s quality.
The market is not only influenced by the price, but also influenced by the product performance. Although small companies have price advantage, the application is narrow to some extent due to the poor manufacture processing, cheap raw material and less diversity of products.
The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
According to this study, over the next five years the Guar Gum market will register a 29.5% CAGR in terms of revenue, the global market size will reach US$ 13900 million by 2024, from US$ 2950 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Guar Gum business, shared in Chapter 3.
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.
This study considers the Guar Gum value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Industrial Grade
Food Grade
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Food Industry
Petroleum Industry
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Guar Gum consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Guar Gum market by identifying its various subsegments.
Focuses on the key global Guar Gum manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Guar Gum with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Guar Gum submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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