Popular on TelAve
- IRF Builders Forum Brings Global Leaders to Washington, D.C. to Advance Religious Freedom Through Cooperative Engagement
- The ITeam Ranked on Channel Partners 2025 MSP 501—Tech Industry's Most Prestigious List of Managed Service Providers Worldwide
- Keepy Uppy™ by Ollyball Wins Prestigious 2025 Influencer Award from Clamour & The Toy Association; Announces Fall 2025 Launch at Target Stores
- databahn Launches GenAI Sales Intelligence Platform to Revolutionize Fortune 500 and Global 2000 Account Research
- Colorado Scenthound Locations Partner with Humane Colorado to Give Adopted Dogs a "Clean Start"
- NYC Leadership Strategist Stacie Selise Launches Groundbreaking 4S Framework Series to Redefine Executive Excellence
- TCAA Welcomes Adolfo Gomez Sanchez to Its Family of Talented Speakers
- Shop American Made Goods: New Online Marketplace My American Goods Curates the Best of U.S. Made
- Spartan & Guardians Partner with Guitar Legend Buckethead to Support Global Child Rescue Efforts
- IQSTEL Surges Toward $400M Run Rate with $101.5M in Revenue—Reinforces Billion-Dollar Vision Backed by Fintech, AI, and Cybersecurity
Growing Demand for Guar Gum in the Oil & Gas Industry Drives Guar Gum Market
TelAve News/10636854
The market for guar gum is projected to grow at a CAGR of 7.9% from 2017 to 2022, to reach USD 1.15 billion by 2022. The growth of the guar gum market is driven by the rising demand for convenience foods in the food industry and growing demand for guar gum in the oil & gas industry. Growing awareness among consumers about health & nutrition has resulted in an increased interest in natural and organic products such as guar gum.
The key players in the guar gum market include as Hindustan Gums & Chemicals Ltd. (India), Vikas WSP Limited (India), India Glycols Limited. (India) , Rama Gum Industries (India) Ltd., Dabur India Ltd. (India), Jai Bharat Gums & Chemicals Ltd. (India), Neelkanth Polymers (India), Guangrao Liuhe Chemicals Co. Ltd. (China) , Lucid Group (India) , Global Gums & Chemicals Pvt. Ltd. (Pakistan) , Ashland Specialty Ingredients (U.S.), Ingredion Inc. (U.S.), Altrafine Gums (India), Ruchi Soya Industries Ltd. (India), and Supreme Gums Pvt. Ltd. (India).
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=177796677
Robustness of product offerings with extensive end-user industry coverage and export locations were the core strengths of the leading players of the guar gum market; these strategies were adopted by the players to increase their market presence. Their diverse product offerings helped the players capture businesses across globe, strengthen distribution networks, and enhance their production capacities. Market leaders such as Hindustan Gums & Chemicals Ltd. (India), Vikas WSP Limited, India Glycols Ltd. (India), Dabur India Ltd. (India), and Ingredion Inc. (U.S.) successfully tapped the potential markets through acquisitions and the scaling up of production capacity.
More on TelAve News
The market of guar gum is dominated by Indian key players because of the excess availability of guar gum in the country. Hindustan Gums & Chemicals Ltd. (India) is one of the leading companies in guar gum with the largest annual capacity and experience of more than 60 years in the guar gum industry. It is a joint venture of Solvay Inc., USA, and the M.P. Birla Group, India that manufactures a special grade of guar gum powder. This company offers, both branded and customized products under the "HIGUM" logo to a diverse range of industries including food, oil well drilling, and explosives.
Vikas WSP Limited (India) is one of the major Indian manufacturers and exporters of guar gum powder (GGP). It offers a wide range of quality products for the food & beverage industry as compared to its product offering for technical applications such as oil drilling & fracturing, textile printing, and paper. It is also the solitary producer of "Certified Organic Guar Polymers" in India. The company has a high production capacity with its four manufacturing units in India along with logistics, warehousing, and research & quality control facilities, which ensures smooth operations and geographical reach in the global market.
India Glycols (India) is involved in the production of green technology-based bulk, specialty & performance chemicals, natural gums, spirits, industrial gases, sugar, and nutraceuticals. Along with various chemicals, it has a significant presence in the manufacturing of guar gum. It has scaled up its guar gum production capacity five times in a time span of 15 years.
More on TelAve News
Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=177796677
The gelatin segment is projected to dominate the guar gum market, by type, during the forecast period.
The gelatin segment dominated the guar gum market in 2017 and is projected to dominate the market during the forecast period. The usage of gelatin as a gelling agent is projected to grow due to the increasing need for emulsifiers in the food & beverage industry in major markets such as Germany, the UK, and France.
The demand for the gelling segment, by function, is estimated to rise and dominate the guar gum market during the forecast period.
Guar gum finds application in various industries such as pharmaceuticals, personal care, and food, owing to its superior gelling property. Increasing demand for guar gum from pharmaceutical and personal care applications such as dental impression materials, dental treatment gels, dentifrice pastes gels, styling creams & gels, liquid soaps, and bath gels has been fueling the demand for guar gum.
North America is projected to account for the largest market size during the forecast period.
North America is a dominant region in the global guar gum market. The market is projected to be driven by the rising growth of the oil & gas drilling industry in the forthcoming years. Factors influencing its market dominance include the high demand for functional dairy products, convenience foods, higher per capita consumption of baked goods, and presence of major players.
The key players in the guar gum market include as Hindustan Gums & Chemicals Ltd. (India), Vikas WSP Limited (India), India Glycols Limited. (India) , Rama Gum Industries (India) Ltd., Dabur India Ltd. (India), Jai Bharat Gums & Chemicals Ltd. (India), Neelkanth Polymers (India), Guangrao Liuhe Chemicals Co. Ltd. (China) , Lucid Group (India) , Global Gums & Chemicals Pvt. Ltd. (Pakistan) , Ashland Specialty Ingredients (U.S.), Ingredion Inc. (U.S.), Altrafine Gums (India), Ruchi Soya Industries Ltd. (India), and Supreme Gums Pvt. Ltd. (India).
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=177796677
Robustness of product offerings with extensive end-user industry coverage and export locations were the core strengths of the leading players of the guar gum market; these strategies were adopted by the players to increase their market presence. Their diverse product offerings helped the players capture businesses across globe, strengthen distribution networks, and enhance their production capacities. Market leaders such as Hindustan Gums & Chemicals Ltd. (India), Vikas WSP Limited, India Glycols Ltd. (India), Dabur India Ltd. (India), and Ingredion Inc. (U.S.) successfully tapped the potential markets through acquisitions and the scaling up of production capacity.
More on TelAve News
- Rent Like A Champion Acquires CollegeWeekends
- Sumter Landing Dental Care Launches Summer Special on Full Mouth Reconstruction
- Seligson Law Launches New Website to Support Cannabis Businesses in California and New York
- databahn Announces Subscription Access to Fortune 500 GenAI Deep Dive Sales Intelligence Reports
- AI startup Congero offers instant websites with 24/7 updates - aiming to replace web agencies
The market of guar gum is dominated by Indian key players because of the excess availability of guar gum in the country. Hindustan Gums & Chemicals Ltd. (India) is one of the leading companies in guar gum with the largest annual capacity and experience of more than 60 years in the guar gum industry. It is a joint venture of Solvay Inc., USA, and the M.P. Birla Group, India that manufactures a special grade of guar gum powder. This company offers, both branded and customized products under the "HIGUM" logo to a diverse range of industries including food, oil well drilling, and explosives.
Vikas WSP Limited (India) is one of the major Indian manufacturers and exporters of guar gum powder (GGP). It offers a wide range of quality products for the food & beverage industry as compared to its product offering for technical applications such as oil drilling & fracturing, textile printing, and paper. It is also the solitary producer of "Certified Organic Guar Polymers" in India. The company has a high production capacity with its four manufacturing units in India along with logistics, warehousing, and research & quality control facilities, which ensures smooth operations and geographical reach in the global market.
India Glycols (India) is involved in the production of green technology-based bulk, specialty & performance chemicals, natural gums, spirits, industrial gases, sugar, and nutraceuticals. Along with various chemicals, it has a significant presence in the manufacturing of guar gum. It has scaled up its guar gum production capacity five times in a time span of 15 years.
More on TelAve News
- WonderDays Launches the UK's First AI Experience Gift Finder – Gifting Just Got So Much Easier!
- CelluHeal™ Launches Full Line of Advanced Wound Dressings for Online Purchase in the USA, Canada, and Beyond
- Nonprofit innovator named Mensa Executive Director
- Yasmine Roulleau named Managing Director in Vancouver, Canada
- Chasing Elizabeth Taylor — The Dazzling True Story Behind the Queen of Diamonds Now Available in Limited-Edition Hardcover
Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=177796677
The gelatin segment is projected to dominate the guar gum market, by type, during the forecast period.
The gelatin segment dominated the guar gum market in 2017 and is projected to dominate the market during the forecast period. The usage of gelatin as a gelling agent is projected to grow due to the increasing need for emulsifiers in the food & beverage industry in major markets such as Germany, the UK, and France.
The demand for the gelling segment, by function, is estimated to rise and dominate the guar gum market during the forecast period.
Guar gum finds application in various industries such as pharmaceuticals, personal care, and food, owing to its superior gelling property. Increasing demand for guar gum from pharmaceutical and personal care applications such as dental impression materials, dental treatment gels, dentifrice pastes gels, styling creams & gels, liquid soaps, and bath gels has been fueling the demand for guar gum.
North America is projected to account for the largest market size during the forecast period.
North America is a dominant region in the global guar gum market. The market is projected to be driven by the rising growth of the oil & gas drilling industry in the forthcoming years. Factors influencing its market dominance include the high demand for functional dairy products, convenience foods, higher per capita consumption of baked goods, and presence of major players.
0 Comments
Latest on TelAve News
- ICAST 2025: The Crystal-Clear Revolution Begins at Booth #3233
- Brindle Pet Supplies Now Carries Badlands Ranch Dog Food in Canada
- $10 Million Allocated to Establish Crypto Treasury Focused on High Value Ethereum (ETH) & Bitcoin (BTC) as Long-Term Holdings for Cybersecurity Leader
- Sing For Your Supper: A Night of Musical Comedy and Drag for a Great Cause
- Cummings Graduate Institute for Behavioral Health Studies Celebrates New DBH Graduates
- $100 to $200 Million Equity Agreement with Top Digital Advisor Bitwise to Power Major Digital Asset Initiative for Bitcoin and Solana: OFA Group
- New Collaboration Launches Corporate ESG Solution for Responsible Decommissioning and Transparent Reporting
- SlickCashLoan Launches Free Loan Calculator to Help You Plan Monthly Payments
- Cellhire boosts its EE offering via deal with BT Wholesale's Complete Mobile
- 24/7 customizable AI answering service from Kell Web Solutions, Inc. helps businesses never miss a customer call, lead, or appointment again
- TikTok Star ArcadeFriends Attempts 24-Hour Claw Machine Marathon at Lucky Puppy Arcade in Las Vegas
- Next-generation virtual receptionist service leverages AI to ensure every customer call and text is answered, enhancing efficiency and engagem
- New AI-Powered Platform from Kell Web Solutions Delivers 24/7 Professional, Automated Call Handling and Appointment Scheduling
- Pyro Marketing Launches New Website to Accelerate Growth for Fitness Brands
- KCON LA 2025, 106.3 RAIN FM 'Take Over' Special Event
- The Citizens Commission on Human Rights Annual Purple Heart Day Event will be Hosted at the Historic Fort Harrison
- Blake Harris the Leading Authority in International Asset Protection Joins Tom Hegna on "Financial Freedom with Tom Hegna"
- Psychedelics for Vets? CCHR Cites History of Exploitation and Failed Science
- GreenPal Empowers Lawn Care Pros Leveraging AI, Surpasses 5 Million Transactions
- Santa Monica Businesses Push Back on Bus Stop Relocation That Threatens Access and Safety