Guar gum, also known as guaran, is basically the ground endosperm of guar beans which is obtained after dehusking of guar seeds. Guar gum powder is obtained after the industrial processing of guar seeds. Some of its unique properties like high viscosity and solubility, ability to hydrate rapidly, excellent thickening and stabilising additive, makes it favourable for diverse industrial applications. The guar gum market grew at CAGR of around 29% during 2014-2018.The market is currently being driven by increasing demand from industries such as food, animal feed, oil drilling, textile, pharmaceuticals, personal care, health care, nutrition, cosmetics, paper, explosives and mining. This report by Expert Market Research entitled “Guar Gum Powder Market Report and Forecast 2019-2024” provides a comprehensive analysis for anyone who plans to foray into the guar gum market.
Historical market trends for the guar gum powder industry have been provided from 2014-2018 and forecasts have been presented till 2024. On a regional level, the report has segmented the global guar gum powder market into the following regions – North America, Asia-Pacific, Europe and the Middle East and Africa. Additionally, the report has analysed the market on the basis of end-use. Currently, oil drilling industry represents the biggest end-use market followed by the food industry and paper & textile industry.
The value chain analysis of guar gum powder market has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution. Furthermore, the study assesses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the guar gum powder industry has also been provided. Some of the key players in this market include Hindustan Gum & Chemicals Ltd., India Glycols Ltd., Vikas WSP Ltd., and Rama Industries.
This report provides an exhaustive insight for setting-up and running a guar gum powder manufacturing plant. Factors such as land requirement, construction requirement, raw material requirement, labour requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been comprehensively covered in this report.
The following are the key questions answered by this report:
- What are the market trends for the global guar gum powder market?
- Which are the biggest markets (regions) for guar gum powder?
- What are the key application areas for guar gum powder?
- Who are the key manufacturers in the guar gum powder market?
- What are the land and construction requirements to start a guar gum powder manufacturing plant?
- What are the machinery requirements to start a guar gum powder manufacturing plant?
- How are guar gum powder priced? What are the profit margins at various stages of the supply chain?
- What is the total capital investment required to start a guar gum powder manufacturing plant?
- What are the running costs of a guar gum powder manufacturing plant?
- How much revenue can a guar gum powder manufacturing plant generate?
In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the guar gum powder industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complemented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.
Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector-specific events and assumptions are taken into account to generate the final forecast.