Viscosifiers Market 2022 – Globally Market Size, Analysis, Share, Research, Business Growth and Forecast to 2027
Viscosifiers Market: Introduction
Viscosifiers are materials which increase the
lubricity or viscosity of oil, water and synthetic drilling fluids.
Viscosifiers produce high viscosity development, provide cutting encapsulation
and reduce friction in fresh water. They help in maintaining the correct
pressure in lower filtration and the borehole. Viscosifiers and rheology
modifiers include polyanionic and cellulose based additives which are used to
control the filtrates in waterborne drilling fluids. Owing to their salt
tolerance, pseudoplasticity and water retention capabilities, they function as
thickening agents, which enhance the mud quality and performance. A viscosifier
increases the viscosity of a system. The increased viscosity improves the
suspension of solids and gives emulsion stability. Viscosifiers help in
the reduction of fluid loss and promote bore stability by increasing
temperature and emulsion stability. Viscosifiers are most commonly used in
drilling fluid applications and are compatible with all non-aqueous fluids. Viscosifiers
have the ability to increase the low shear rates properties. Viscosifiers also
have versatile carrying capacity and suspension properties and have a wide
range of applications in paints and coatings, automotive, construction,
pharmaceutical, cosmetics, personal care and others industries.Viscosifiers
also have versatile carrying capacity and suspension properties and have a wide
range of applications in paints and coatings, automotive, construction,
pharmaceutical, cosmetics, personal care and others industries.Viscosifiers
also have versatile carrying capacity and suspension properties and have a wide
range of applications in paints and coatings, automotive, construction,
pharmaceutical, cosmetics, personal care and others industries.
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Global Viscosifiers
Market: Dynamics
The growing shift towards urbanization and increasing
disposable income of consumers is expected to intensify the demand for
viscosifiers in the global market during the forecast period. Increasing demand
for viscosifiers from end-user industries, such as construction, aerospace,
automotive, cosmetics, personal care, general industries and others, has
augmented the growth of paints and coatings industry.
Infrastructural growth and rising
urbanization, on the other hand, will continue to drive the demand for
automobiles. Paint & coatings and automotive are the top two applications
of viscosifiers and are expected to drive the viscosifiers market globally.
Opportunities will continue to arise in the viscosifiers market owing to the
growing demand for gender-specific products, such as conditioners, facemasks,
shampoos, etc. and rising sales of cosmetics and personal care products.
Viscosifiers’ versatile properties, such as suspension capabilities, gelatin
properties and transport abilities might set the tone for their strong growth
in the global market during the forecast period.
Improved construction and industrial
activities are also forecast to boost the growth of viscosifiers. Growing
preference for organic products and their easy availability is a major trend
seen across the viscosifiers market. There has been a fall in the consumption
of ink due to digitalization. Declining demand from printing industries and
publication houses is expected to act as a constraint for the viscosifiers
market. Owing to the rising shift towards digital media, the scope of business
from the printing sector is anticipated to slow down in near future, which will
ultimately hamper the growth of the viscosifiers market. Elevated material
costs and increasing pressure to follow environmental regulations ensuring
reduction of hazardous chemical ingredients is yet another restraint for the
global viscosifiers market.
Global Viscosifiers
Market: Segmentation
basis of product
type |
·
Organic ·
Inorganic |
basis of applications |
·
Paint
and Technology ·
Personal
Care ·
Adhesives
and sealants ·
Textiles ·
Pharmaceuticals ·
Construction ·
Paper
and Pulp ·
Mining
Chemicals ·
Others |
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Global Viscosifiers
Market: Regional Outlook
Based on region, the global viscosifiers
market is segmented into Asia-Pacific, South America, Middle East & Africa,
North America and Europe. The booming construction industry in emerging
economies, such as India and China in Asia-Pacific and Latin America, has led
to an increased demand for adhesives, sealants, paints & coatings. This, in
turn, will drive the growth of the viscosifiers market in this region.
North America and Europe, on the other hand,
are major consumers of viscosifiers owing to the increasing demand of materials
with good carrying capacity and suspension properties from end-users. China,
India and Japan are expected to be major consumers of viscosifiers in the APAC
region.
Global Viscosifiers
Market: Key Players
Some of the key players identified in the
Global Viscosifiers Market are Schlumberger Limited, Baroid Industrial Drilling
Products, BASF, The Dow Chemical Company, Halliburton, Clariant, Croda
International Plc, Imdex Limited, Proec Energy Limited, SNF Group, Evonik
Industries AG, Ashland, Akzo Nobel N.V. and, others.
The research report presents a comprehensive
assessment of the market and contains thoughtful insights, facts, historical
data, and statistically supported and industry-validated market data. It also
contains projections using a suitable set of assumptions and methodologies. The
research report provides analysis and information according to market segments
such as geographies, application, and industry.
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