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Global Guar Gum Powder Market to Reach 944330.87 Tons by 2026.

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Global Guar Gum Powder Market: By Grade: Food-Grade, Industrial-Grade, Pharmaceutical-Grade; By Function; By End Use; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Manufacturing Process; Project Details, Requirements and Costs Involved; Competitive Landscape; Industry Events and Developments

Global Guar Gum Powder Market Outlook

The global guar gum powder market attained a volume of about 863744.5 tons in 2020. The market is estimated to reach a volume of 944330.87 tons by 2026, expanding at a CAGR of 1.8% during the forecast period of 2021 and 2026.

Based on the grades, the industrial grade segment dominated the global guar gum powder market in 2020. On the basis of the functions, guar gum powder is widely used for thickening purposes; thus, the segment accounted for the majority of the market share in 2020. Based on the end-use industry, the oil drilling industry is expected to dominate the industry and is likely to maintain its dominance over the forecast period of 2021-2026. Amongst the regional markets, the United States is leading the market, accounting for the majority of the total market share.

 

Properties and Applications

Guar gum powder is derived from the ground endosperm of the guar plant. The plant is generally cultivated in India and Pakistan, where it has been traditionally used for the thickening of curries. The gum powder is widely used as a natural emulsifier, bonding agent, stabilizer, gelling agent, hydrocolloid, flocculant, and fracturing agent. In addition, it finds applications in various end-use industries, including food, textile, pharmaceutical, healthcare, explosives, cosmetics, paper, mining, and oil drilling.

On the basis of grade, the industry is segmented into:

  • Food-Grade 
  • Industrial-Grade 
  • Pharmaceutical-Grade

 The industry can be broadly categorised, on the basis of its function segment, into:

  •   Thickening 
  •   Gelling 
  •   Binding 
  •   Friction Reducing 
  •   Others

Based on end-uses, the industry is divided into:

  • Oil Drilling
  • Food Industry
  • Paper and Textile
  • Pharmaceuticals
  • Cosmetics
  • Others

The EMR report looks into the major regional markets in the global guar gum powder market like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Market Analysis

The demand for guar gum powder is escalating on account of its vast applications in the food industry for preparing confectionery products, beverages, baked items, and frozen food products. Rising disposable incomes and the emerging trend of consuming organic foods among consumers are further augmenting the demand for guar gum powder. 

The pharmaceutical industry uses this as a disintegrating agent and binder in tablets and capsules. It is also employed for the production of cosmetics and personal care products such as soaps, lotions, creams, shaving gels, shampoos, liquid soaps, and conditioners. Moreover, advancements in shale gas production technology have also helped in increasing the output of several oil rigs, particularly in the United States. Owing to the aforementioned factors, the industry for guar gum powder is expected to rise in the coming years.

 

Competitive Landscape

The report gives a detailed analysis of the following key players in the global guar gum powder market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • SNP, Inc.
  • Agro Gums
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Guar Gum Powder Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Guar Gum Powder Historical Market (2016-2020) 
    8.3    Global Guar Gum Powder Market Forecast (2021-2026)
    8.4    Global Guar Gum Powder Market by Grade
        8.4.1    Food-Grade  
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Industrial-Grade 
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Pharmaceutical-Grade
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
    8.5    Global Guar Gum Powder Market by Function
        8.5.1    Thickening   
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Gelling  
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Binding    
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Friction Reducing   
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2016-2020)
            8.5.4.3    Forecast Trend (2021-2026)
        8.5.5    Others
    8.6    Global Guar Gum Powder Market by End Use
        8.6.1    Oil Drilling    
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Food Industry  
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Paper and Textile  
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2016-2020)
            8.6.3.3    Forecast Trend (2021-2026)
        8.6.4    Pharmaceuticals  
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2016-2020)
            8.6.4.3    Forecast Trend (2021-2026)
        8.6.5    Cosmetics    
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2016-2020)
            8.6.5.3    Forecast Trend (2021-2026)
            8.6.6    Others  
    8.7    Global Guar Gum Powder Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyers Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis
    12.1    North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.2    Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.3    Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.4    Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.5    Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
13    Manufacturing Process
    13.1    Detailed Process Flow
    13.2    Operations Involved
    13.3    Mass Balance
14    Project Details, Requirements and Costs Involved
    14.1    Land Requirement and Expenditures
    14.2    Construction Requirements and Expenditures
    14.3    Plant Machinery
    14.4    Plant Layout
    14.5    Machinery Pictures
    14.6    Raw Material Requirements and Expenditures
    14.7    Raw Material and Final Product Pictures
    14.8    Packaging Requirements and Expenditures
    14.9    Transportation Requirements and Expenditures
    14.10    Utility Requirements
    14.11    Manpower Requirements and Expenditures
    14.12    Other Capital Investments
15    Loans and Financial Assistance
16    Project Economics
    16.1    Capital Cost of the Project
    16.2    Techno-Economic Parameters
    16.3    Product Pricing and Margins across Various Levels of the Supply Chain
    16.4    Taxation and Depreciation
    16.5    Income Projections
    16.6    Expenditure Projections
    16.7    Financial Analysis
    16.8    Profit Analysis
17    Competitive Landscape
    17.1    Market Structure
    17.2    Key Players Market Share
    17.3    Company Profiles (*This list is only indicative. The report contains a more comprehensive list of players.)
        17.3.1    SNP, Inc.
            17.3.1.1    Company Overview
            17.3.1.2    Product Portfolio
            17.3.1.3    Demographic Reach and Achievements
            17.3.1.4    Certifications
        17.3.2    Agro Gums
            17.3.2.1    Company Overview
            17.3.2.2    Product Portfolio
            17.3.2.3    Demographic Reach and Achievements
            17.3.2.4    Certifications
        17.3.3    Others
18    Industry Events and Developments


List of Figures and Tables

1.    Global Guar Gum Powder Market: Key Industry Highlights, 2016 and 2026
2.    Global Guar Gum Powder Historical Market: Breakup by Grade (Tons), 2016-2020
3.    Global Guar Gum Powder Market Forecast: Breakup by Grade (Tons), 2021-2026
4.    Global Guar Gum Powder Historical Market: Breakup by Function (Tons), 2016-2020
5.    Global Guar Gum Powder Market Forecast: Breakup by Function (Tons), 2021-2026
6.    Global Guar Gum Powder Historical Market: Breakup by End Use (Tons), 2016-2020
7.    Global Guar Gum Powder Market Forecast: Breakup by End Use (Tons), 2021-2026
8.    Global Guar Gum Powder Historical Market: Breakup by Region (Tons), 2016-2020
9.    Global Guar Gum Powder Market Forecast: Breakup by Region (Tons), 2021-2026
10.    North America Guar Gum Powder Historical Market: Breakup by Country (Tons), 2016-2020
11.    North America Guar Gum Powder Market Forecast: Breakup by Country (Tons), 2021-2026
12.    Europe Guar Gum Powder Historical Market: Breakup by Country (Tons), 2016-2020
13.    Europe Guar Gum Powder Market Forecast: Breakup by Country (Tons), 2021-2026
14.    Asia Pacific Guar Gum Powder Historical Market: Breakup by Country (Tons), 2016-2020
15.    Asia Pacific Guar Gum Powder Market Forecast: Breakup by Country (Tons), 2021-2026
16.    Latin America Guar Gum Powder Historical Market: Breakup by Country (Tons), 2016-2020
17.    Latin America Guar Gum Powder Market Forecast: Breakup by Country (Tons), 2021-2026
18.    Middle East and Africa Guar Gum Powder Historical Market: Breakup by Country (Tons), 2016-2020
19.    Middle East and Africa Guar Gum Powder Market Forecast: Breakup by Country (Tons), 2021-2026
20.    North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
21.    Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
22.    Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
23.    Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
24.    Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
25.    Global Guar Gum Powder Market Structure

Key Questions Answered in the Report

What was the market size in 2020?

The global guar gum powder market reached a volume of about 863744.5 tons in 2020. 

What is the growth rate of the market?

The market is projected to grow at a CAGR of nearly 1.8% in the forecast period of 2021-2026.

What is the forecast outlook of the market for 2021-2026?

The market is estimated to reach a volume of about 944330.87 tons by 2026.

What are the major market drivers?

The major drivers of the industry include rising disposable incomes, increasing population, and the rising demand from the food and pharmaceutical industry.

What are the key industry trends of the market?

Advancements in shale gas production technology have also helped in increasing the output of several oil rigs, which is expected to be a key trend guiding the growth of the industry.

What are the major regional markets, according to the EMR report?

North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market, with North America accounting for the largest market share.

What is the dominant grade of the product in the industry?

Industrial grade is the dominant grade of the product in the market. 

What is the leading function of the product?

The dominant function in the market is represented by the thickening segment. 

Which end-use segment accounts for the largest market share?

The oil drilling sector accounts for the largest market share, among other end use segments in the industry.

Who are the key industry players according to the report?

The leading players in the market are SNP, Inc., and Agro Gums, among others.

Analyst Review

The global guar gum powder market attained a volume of about 863744.5 tons in 2020 driven by the growing demand from the food industry. Aided by the rising demand from the cosmetics and personal care industry and the pharmaceuticals sector, the industry is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 1.8%. The industry is projected to reach about 944330.87 tons by 2026. 

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its grade, the global guar gum powder market can be segmented into food, industrial, and pharmaceutical grade, with industrial grade accounting for the largest market share. By function, the thickening segment leads the industry. On the basis of end-use, the oil drilling sector accounts for the largest share in the global industry. The major regional markets for guar gum powder are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market. The key players in the above industry include SNP, Inc. and Agro Gums, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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