The worldwide sizing and thickening agents market is steered ahead by rising demand for natural constituents in beverage and food products. Flowing demand for nutritive, healthy and convenience food products is fuelling the sector of hydrocolloids in the sizing and thickening agents market. Rising demand for this market also owes to the growing applications of sizing and thickening agents in fabrics, coatings and paints, personal care products, pharmaceuticals, drilling fluids, paper and paperboard.
The sizing and thickening agents market has a huge number of regional and international participants. Contracts, joint endeavors, alliances, developments and product innovations are some of the many important plans adopted by participants to attain big profits. The market is sliced into four categories. These include thickening agents, sizing agents, applications and geographical regions. The thickening agents market is segmented on account of hydrocolloids, minerals and others.
The sizing agents market is fragmented into synthetic and natural. The sizing and thickening agents market, on account of applications, has been explained above. The geographical regions market is split further into Europe, rest of the world, North America and Asia Pacific. The rising applications of the sizing and thickening agents market in pharmaceuticals, cosmetics and drilling fluids are also predicted to drive the sales of the market.
In paper production, sizing agents are utilized to enhance the capacity of ink-holding of the paper surface. In fabric production, sizing agents are utilized to lessen thread rupture. Thickening agents, or thickeners, as they are also called, are mixed with solutions. They are used to boost the thickness of liquid without considerably impacting its flavor and other features. The sizing and thickening agents market is anticipated to collect revenue worth around USD 20.7 billion by 2020.
It is likely to have increased at about 5.7 percent CAGR from 2015-2020. The market has been analyzed within this given phase.