Guar Gum Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Guar Gum Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • May 2021 •
  • 128 pages •
  • Report ID: 4715144 •
  • Format: PDF
The global guar gum powder market exhibited moderate growth during 2015-2020.

Guar gum powder is obtained from the guar plant, which is commonly found in India and Pakistan. It is a free-flowing powder that is whitish to yellowish in color with a slight odor. Guar gum powder has a very fine texture and has an excellent thickening capacity with high solubility in both cold and hot water. Nowadays, drilling companies utilize guar gum powder to increase the viscosity of water, which is further used for extracting oil and natural gas from tight rock formations.

Guar gum powder finds numerous applications in a variety of industries. As a food preservative, it emulsifies, binds, moisturizes, thickens, stabilizes and suspends many liquid-solid systems and prevents the formation of ice crystals in frozen products. It is also used to impart softness and sponginess, enhance the texture and structure, increase the shelf life and improve the moisture retention in bakery items. Apart from this, guar gum powder is added in cosmetics and pharmaceuticals as a thickener, conditioner and viscosifier in toothpaste and shampoos, a binder in tablets, and as a mild laxative and soluble dietary fiber. Also, guar gum is used to thicken the dye solutions in textile and carpet printing, leading to more sharply printed patterns. Moreover, one of the essential applications of guar gum powder lies in petroleum extraction, significantly in the area of hydraulic fracturing. The powder also acts as an effective gelling agent and is an excellent lubricant, owing to which it is employed in oil well stimulation for reducing gel lumping. Looking forward, the analyst expects the global guar gum powder market to reach a volume of 1.36 Million Tons by 2026, exhibiting moderate growth during the forecast period (2021-2026).

Breakup by Grade:
Food
Industrial
Pharmaceutical

Industrial grade powder currently dominates the market, holding the largest share.

Breakup by Function:
Thickening
Gelling
Binding
Friction Reducing
Other Functions

Guar gum powder is majorly used for thickening purposes.

Breakup by End-Use Industries:
Oil Drilling
Food Industry
Paper and Textile
Pharmaceuticals
Cosmetics
Others

Based on the end-use, the oil drilling sector exhibits a clear dominance in the market.

Regional Insights:
The United States
Germany
India
Others

On the geographical front, the United States represents the leading market, accounting for the majority of the total market share.

Competitive Landscape:
The competitive landscape of the market has also been analyzed in the report, providing the detailed profiles of the major players operating in the industry.