Asia-Pacific Rheology Modifiers Market, By Type (Waterborne and Solventborne), Nature (Organic and Inorganic), Distribution Channel (Direct Sales/B2B, Distributor/Third-Party Distributor/Agent/Trader, E-Commerce and Others), Application (Paints & Coatings, Inks, Personal Care and Cosmetics, Adhesives & Sealants, Textiles, Home Care, Pharmaceuticals, Construction, Pulp & Paper and Others), Country (Japan, China, South Korea, India, Australia and New Zealand, Tawian, Hong-Kong, Singapore, Thailand, Malaysia, Indonesia, Philippines and Rest of Asia-Pacific) Industry Trends and Forecast to 2027
Market Analysis and Insights: Asia-Pacific Rheology Modifiers Market
Rheology modifiers market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing at a CAGR of 5.7% in the forecast period of 2020 to 2027 and expected to reach USD 1,017,042.31 thousand by 2027.
Rheology modifiers are referred to as viscosity modifiers or thickeners for paints which are added to the liquid products during the production of the paint and coating products to provide rheological characteristics for the particular application, but rheology modifiers works much more than just thicken a formulation in the product. A good rheology modifier structures the formulation of the different chemicals in the products and increases the efficiency of the product by lowering the sedimentation of the solid substance and sag resistance.
Rheology modifiers products help in controlling paint ease of application, shelf stability, open time / wet edge and sagging. Rheology modifiers products influence levels, settling and film forming. Rheology modifiers are added during the production process mostly before the dispersing stage - type and amount adjusted to the dispersing equipment - to obtain optimal flow behaviour to the mill base. Rheology modifiers include two natures of products which are organic rheology modifiers and the other one is inorganic nature rheology modifiers. Organic rheology modifiers are used for the surface active, polymeric film matrix during film-formation which improves the appearance, gloss and flow of the surface. Organic rheology modifiers are the products which are mostly used in the paint and coating products.
The major restraint which are impacting the market negatively are the consumer preference changes from print to digital media which have lower the demand of the ink products in the printing. More of the advertisements are done on the internet which has lowered the demand of the ink products. Water based ink demand have also fallen due to which the demand of the rheology modifiers have fallen down. Rheology modifiers impact on the environmental is another restrain for the market as disposing of the containers which contains rheology modifiers is very difficult and leakage of the rheology modifiers in the water cannot be separated and cause harm to the environment which is the restraining factor the growth of the rheology modifiers market.
This rheology modifiers market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Asia-Pacific Rheology Modifiers Market Scope and Market Size
The rheology modifiers market is segmented on the basis of type, nature, distribution channel and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the rheology modifiers market is segmented into waterborne and solventborne. In 2020, the demand is attributed due to the easy availability of rheology modifiers liquids which are used in the coloring products in the region that’s the reason the waterborne segment is dominating the market.
- On the basis of nature, the rheology modifiers market is segmented into organic and inorganic. In 2020, the increasing demand for organic based products in the skin and personal care products makes the organic rheology modifiers to dominate in the region.
- On the basis of distribution channel, the rheology modifiers market is segmented into direct sales/b2b, distributor/third-party distributor/agent/trader, e-commerce and others. In 2020, the direct sales/b2b segment is dominating the market, with the increasing demand of the paint products the manufacturing units are increasing due to which the direct sales/b2b distribution channel is dominating in the region.
- On the basis of application, the rheology modifiers market is segmented into paints & coatings, inks, personal care and cosmetics, adhesives & sealants, textiles, home care, pharmaceuticals, construction, pulp & paper and others. In 2020, the paint & coatings segment is dominating the market as the demand for the renovation of the building and residential is more which increases the demand for the paint and coating products in the region.
Asia-Pacific Rheology Modifiers Market Country Level Analysis
Rheology modifiers market is analysed and market size information is provided by country, type, nature, distribution channel and application as referenced above.
The countries covered in the Asia-Pacific rheology modifiers market report are Japan, China, South Korea, India, Singapore, Thailand, Indonesia, Malaysia, Philippines, Australia and New Zealand, Hong Kong, Taiwan and Rest of Asia-Pacific.
In Asia-Pacific rheology modifiers market, China is dominating the market as the demand for the renovation of the building and residential is more which increases the demand for the paint and coating products in the region and as it protects the machineries from getting rusted and increases the life of the machine.
The country section of the rheology modifiers market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Growth in the Rheology Modifiers Industry
Asia-Pacific rheology modifiers market also provides you with detailed market analysis for every country growth in installed base of different kind of products for rheology modifiers market, impact of technology using life line curves and changes in rheology modifiers regulatory scenarios and their impact on the rheology modifiers market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Rheology modifiers Market Share Analysis
Asia-Pacific rheology modifiers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia-Pacific presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to Asia-Pacific rheology modifiers market.
The major players covered in the Asia-Pacific rheology modifiers market report is ALTANA AG, Evonik Industries AG, BASF SE, Clariant, Ashland, Dow, Arkema, Cargill, Incorporated., The Lubrizol Corporation (A Subsidiary of Berkshire Hathaway), Wanhua Chemical Group Co., Ltd., DuPont, Nouryon, Eastman Chemical Company, PPG Industries, Inc., Croda International Plc and ELEMENTIS PLC., among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
For instance,
- In September 2019, Ashland decided to widen its product portfolio with the launch of the Aquaflow NMS-460E. The product is highly used in the deco paints and wood coatings. This update has helped the company to increase revenue.
Partnership, joint ventures and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for rheology modifiers through expanded range of rheology modifiers.
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