Guar Gum Market

Guar Gum Market by Function (Thickening, Gelling, Binding, Friction Reducing), Application (Food & Beverages, Oil & Gas, Paper Manufacturing, Mining & Explosives, Pharmaceuticals & Cosmetics), Grade, and Region - Global Forecast to 2022

Report Code: FB 3104 Oct, 2019, by marketsandmarkets.com
Updated date -

[162 Pages Report] The market for guar gum is projected to grow at a CAGR of 7.9% from 2017 to 2022, to reach USD 1.15 billion by 2022. The base year considered for the study is 2016 and the forecast period considered is from 2017 to 2022. The basic objective of the report is to define, segment, and project the global market size of the guar gum market on the basis of grade, function, application, food & beverage application, and region. The other objective of the report is to understand the structure of the market by identifying various segments. The report also helps in analyzing the opportunities in the market for the stakeholders; it also provides a competitive landscape and helps in projecting the size of the market and its submarkets, in terms of value.    

Increasing applications of guar gum owing to its multifunctional properties

Growing awareness among consumers about health & nutrition has resulted in an increased interest in natural and organic products such as guar gum. Guar gum, as a natural ingredient, has several health benefits, such as reducing serum low density lipoprotein (LDL) cholesterol and triglycerides, and increasing glucose tolerance. This has driven food manufacturers to use natural gums in various food applications. In the food industry, guar gum is used as a thickener, stabilizer, emulsifier, binding agent, coating agent, texturing agent, and gelling agent for frozen food products, baked food products, dairy products, sauces & salad preparations, confections, beverages, and pet food. Apart from the food industry, properties of guar gum such as binding, fracturing, water proofing, and gelling make it an ideal additive for different industries such as oil & gas, mining, explosives, textiles, pharmaceuticals, textile, and water treatment. The main properties of guar gum are listed below:

  • Solubility in hot & cold water
  • Insoluble in most organic solvents
  • Strong hydrogen bonding
  • Thickening, emulsion, stabilizing, and coating
  • Flocculation and fracturing agent
  • High viscosity over a range of pH
  • Compatibility with a variety of inorganic and organic substances
  • Ability to control rheology by economic water phase management
  • Forms highly viscous colloidal dispersions in cold water

Lack of R&D activities in some countries

Although Asia holds the largest share in the production of guar and its derivative products, there is a lack of general R&D facilities focused on the guar industry in countries such as India and Pakistan. These countries do not have reputed R&D associations focusing on guar seed production, development of industry-specific products, manufacturing & processing technology, or plant & machinery along with no proper distribution infrastructure. Although there are some institutions in the country that are focusing on the development of certified seeds, agricultural universities and existing research institutions do not have the required resources and are facing a monetary crunch for undertaking research for the development of new varieties, optimizing product processing, and technology development. Even the farmers willing to use certified seeds are unable to purchase it at an affordable price. Along with these factors, human resources engaged in the guar industry would need to be trained to develop skilled manpower within the industry. Indian manufacturers need to divert a part of the revenue from export taxes to create national level R&D institutes for the purpose.

Emerging markets that have immense potential

Emerging markets, such as China, present opportunities as they have wide availability of cheap labor and advanced technology. China is one of the major importers of guar gum from India. The leading market players are also expanding their facilities in China considering the future potential demand in the market. The processed food industry is growing in emerging markets, thereby creating an immense potential for guar gum. Processed food & beverages are expected to grow in double digits in emerging markets. Economic surges in India and China have led to the growth of the affluent urban population, thereby creating a bigger market.

Export-oriented commodity and unavailability of stocks

Being an export-oriented commodity, guar gum’s price behavior in the domestic market is largely determined by the overseas demand of guar products. Guar gum is exported in large quantities to the U.S., China, Germany, and Spain. The market is characterized with the presence of several market speculators, as guar is an export commodity and a highly traded product. Excessive speculation is one of the key factors influencing the price of guar gum. The price of guar gum is also influenced by the stock position available in the market. Most traders store guar seed in their own storage structures instead of storing in accredited warehouses.

This research study involved secondary sources (which included directories and databases such as Hoovers, Forbes, Bloomberg Businessweek, and Factiva) to identify and collect information useful for a technical, market-oriented, and commercial study of the guar gum market. The primary sources involved in the study include industry experts from the core and related industries as well as preferred suppliers, dealers, manufacturers, alliances, standards & certification organizations; and organizations related to all segments of this industry’s value chain. In-depth interviews have been conducted with various primary respondents, such as key industry participants, subject matter experts, C-level executives of key companies, and industry consultants, to obtain and verify critical qualitative and quantitative information as well as to assess future prospects. The following figure depicts the market research methodology applied while drafting the report on the guar gum market.

Guar Gum Market

To know about the assumptions considered for the study, download the pdf brochure

The key participants in the guar gum market include guar gum manufacturers and suppliers. The key players profiled in the report include E. I. du Pont de Nemours and Company (US), Cargill (US), Shree Ram Industries (India), Ingredion Incorporated (US), Ashland Inc. (US), Vikas WSP Limited (India), Hindustan Gums and Chemical Limited (India), Dabur India Ltd. (India), India Glycols Ltd. (India), Neelkanth Polymers (India), Lucid Group (India), Global Gums and Chemicals Pvt Limited (Pakistan), Guangrao Liuhe Chemical Co., Ltd. (China), Jai Bharat Gums and Chemicals Ltd (India), Altrafine Gums (India), Supreme Gums Private Limited (India), Ruchi Soya Industries Limited (India), and Rama Industries (India).

This report is targeted at the existing stakeholders in the market, which include the following:

Suppliers

  • Farmers
  • Agricultural institutes
  • R&D institutes
  • Technology providers
  • Equipment manufacturers/suppliers
  • Guar gum manufacturers/suppliers
  • Regulatory bodies
  • Organizations such as the Food and Drug Administration (FDA), the European Food Safety Authority (EFSA), the United States Department of Agriculture (USDA),  Food Standards Australia New Zealand (FSANZ),  the Agricultural and Processed Food Products Export Development Authority (APEDA), Indian Council for Research on International Economic Relations (ICRIER),  the International Energy Agency (IEA), National Commodity & Derivatives Exchange Limited (NCDEX).
  • Government agencies
Intermediary suppliers
  • Traders
  • Wholesalers
  • Dealers
Customers
  • Food & beverage manufacturers/suppliers
  • Chemical companies
  • Oil companies
  • Pharmaceutical and cosmetic companies
  • Retailers

“The study answers several questions for the stakeholders; primarily, questions regarding which market segments to focus on in the next 2 to 5 years for prioritizing efforts and investments.”

Scope Of The Report

On the basis of grade, the market for guar gum has been segmented as follows:
  • Food grade
  • Industrial grade
  • Pharmaceutical grade
On the basis of function, the market for guar gum has been segmented as follows:
  • Thickening
  • Gelling
  • Binding
  • Friction reducing
  • Other functions (coagulating, flocculating & settling agent, hardening, and strengthening)
On the basis of application, the market for guar gum has been segmented as follows:
  • Oil & gas
  • Food & beverages
  • Mining & explosives
  • Paper manufacturing
  • Pharmaceuticals and cosmetics
  • Others (textile, animal feed, tobacco, ceramic, and synthetic resins)
On the basis of food & beverage application, the market for guar gum has been segmented as follows:
  • Bakery & confectionery products
  • Dairy & frozen products
  • Beverages
  • Sauces & dressings
  • Others (meat & poultry products, snacks, noodles, soups, and pasta)

On the basis of region, the market for guar gum has been segmented as follows:

  • North America
  • Europe
  • Asia Pacific
  • RoW (The Middle East and South America)

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to company-specific requirements.

The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Regional Analysis

  • Further breakdown of the Rest of Asia Pacific market for guar gum, by country, into Japan, Australia, and Indonesia
  • Further breakdown of the Rest of Europe  market for guar gum, by country, into Denmark, Norway, Belgium, and the Netherlands
  • Further breakdown of the Rest of the World market for guar gum, into South Africa and Central Africa

Company Information

  • Detailed analysis and profiling of additional market players (up to 2)

Growing demand for guar gum from the oil & gas industry to drive the global guar gum demand close to USD 1.15 billion by 2022

Guar gum is a natural gum derived from the guar seed. It is a high molecular weight polysaccharide consisting of mannose and galactose units. It has the ability to hydrate in cold water to form highly viscous solutions. Due to these reasons, it is used in different industries such as food, oil & gas, and pharmaceuticals. It performs a wide range of functions such as acting as a friction reducer, binder, thickener, stabilizer, and gelling agent.

The global guar gum market is projected to reach USD 1.15 billion by 2022, at a CAGR of 7.9% from 2017. The market is growing due to its multifunctionality in a wide range of applications and increased health consciousness among consumers about healthy foods. However, imbalanced demand & supply and lack of transparency & market information have been restraining market growth.

The major manufacturers that are actively participating and growing in the global market are India Glycols Limited (India), Hindustan Gum & Chemicals Ltd. (India), Vikas WSP Limited (India), Ruchi Soya Industries Ltd (India), Ashland Inc. (US), Lucid Group (India), and Neelkanth Polymers (India).

Trade barriers and fluctuating prices of guar gum and its products are the major restraints for the market.

The US and European countries have made guar products duty-free for imports; however, emerging economies such as China impose duties on these products. There is substantial tariff escalation in China. This country follows a dual import duty policy. It imports duty-free guar gum powder and guar splits from Pakistan (second-largest player) while it imposes import duty on the import of guar splits and gum powder from India. Such dual import policy results in quality certification problems for Indian exporters as they need certificates such as HACCP, ISO 9000, ISO 22000, Halal, and Kosher for food-grade guar. Obtaining these certifications from government authorities is a time- and resource-consuming process.

Further, fluctuations in the prices of guar seeds and guar gum are one of the major restraining factors for the market. The price of guar seed affects the price of the guar gum, which in turn impacts the price of the end product. Climate changes have a significant impact on the quality and quantity of guar crop production. There is a high fluctuation rate in the prices of guar as it is influenced by different factors, namely, rainfall, export, the absence of market information, and unavailability of stock. Changes in climate conditions result in the shortage of raw materials, which in turn increases their prices. Additionally, the price of guar gum is increasing due to poor harvesting of crops in Asian countries such as India and Pakistan, and the increasing demand for guar from oilfields.

North America to be the largest market during the forecast period.

North America region dominates the global market and is expected to continue to be the largest market during the forecast period. In North America, the demand for natural additives and processed food among consumers is fueling the growth of the food-grade guar gum market, while the demand from the oil & gas drilling industry is driving the industrial-grade guar gum market.

Guar Gum Market

A large volume of guar gum imported by the US and Canada for the oil & gas industry is the main reason contributing to the dominance of North America in the global market. A few leading manufacturers occupying a significant share in the guar gum market across North America include Ingredion, Incorporated (US), which acquired global guar gum leaders, TIC Gums, Inc. (US) & Penford Corporation (US), Ashland Specialty Ingredients (US), and Cargill (US).

Market Dynamics

Guar Gum Market

Suitability of guar gum for all rheological requirements of water-based and brine-based drilling fluids to drive the demand of this product in the oil & gas industry

Oil & gas: Increasing oil drilling and oil recovery activities in American and Middle Eastern countries.

Oil & gas is the largest segment in the guar gum market based on applications. Industrial-grade guar gum powder is used in various oil & gas applications such as oil well fracturing, oil well stimulation, and oil recovery to serve multiple purposes. For instance, it is used for reduction in water mobility and to provide enhanced stability against salt, temperature, and shear. Due to its high viscosity, guar gum is widely used in oil well drilling, geological drilling, and water drilling activities as it enables drilling fluids to remove drill waste from deep holes.

The rise in oil drilling and oil recovery activities in countries such as Saudi Arabia, Iran, Iraq, the US, Canada, and Argentina is expected to increase the demand for guar gum in the coming years.

Guar Gum Market

Food & beverages: Multifunctionality offered by guar gum to drive its demand in global food & beverages industry

Guar gum is utilized in several food & beverage products, from baked goods and fruit juices to various dressings and sauces. It offers properties such as better emulsification, water binding, prevention from ice crystals in frozen products, moisturizing, thickening, stabilization, and many others, which makes guar gum the most preferred ingredient for several food applications such as ice cream, sauces, cake mixes, cheese spreads, fruit drinks, and dressings. In beverages, guar gum is utilized for thickening and viscosity purposes due to its several inherent properties.

Mining & explosives: Growing usage of guar gum as a flocculant  

In the mining industry, guar gum is used as a flocculant to render solid-liquid separation and to concentrate ores or tailings. It acts as a depressant for insoluble gangue that is mined along with valuable minerals. It also acts as an auxiliary reagent in froth flotation of potash to depress the gangue material. Guar gum is also widely utilized in the explosives industry owing to its properties such as thickening, binding, and gelling. It is used as a binding agent in the production of water-resistant ammonium nitrate stick explosives and as a gelling agent for gel sausage type explosives.

Paper manufacturing: Advantages such as decreased porosity and improved finish

Guar gum provides a denser surface to the paper used for printing, and it is used as a wet end additive in paper applications. The rigid molecular structure of guar helps it combine with the cellulose fiber present in pulp to counteract its natural tendency to lie in a machine-oriented pattern. Guar gum offers other advantages such as increased tensile strength, increased pick, increased flat crush of corrugating medium, more random distribution of pulp formation, increased machine speed with maintenance of test results, easier pulp hydration, improved finish, decreased porosity, and increased retention of fines, which have led to the rise in demand for guar gum in paper manufacturing.

Pharmaceutical & cosmetics: Growing inclination of consumers towards natural ingredients in cosmetic products

Guar gum acts as a thickening, suspension, stabilization, emulsification, preservation, water retention, binding, clouding, process aid, pour control for suspensions, anti-acid formulations, tablet binding & disintegration agent in nutritional foods, controlled drug delivery system, and slimming aid in dietary and pharma applications. High demand for guar gum is observed in the pharmaceuticals industry, as it is a major source of soluble dietary fibers and is extensively used as a dietary fiber in capsules.

Rise in concerns among consumers about chemicals used in cosmetics and personal care products will drive the demand for guar gum in the cosmetics industry. Consumers are now demanding cosmetic products with natural ingredients and lesser usage of chemicals, which has prompted cosmetic manufacturers to increase the usage of naturally derived ingredients such as guar gum in the production of cosmetics.

Others: Guar gum act as a good thickener

The others segment includes meat products, pasta, soups, and noodles. Guar gum acts as a thickener, emulsifier, and stabilizer in noodles and pasta. It also improves the texture and enriches the mouthfeel of noodles. In soups, it is commonly utilized to control the viscosity and acts as an emulsifier.

Key questions

  • Which are the substitute products and how big is the threat from them?
  • What are the upcoming technologies, substitutes, and trends that will have a significant impact on the market in the future?
  • What are the views on the growth perspective of the global guar gum market? What is the current scenario, and how is the market estimated to grow in the future?
  • What will be the major revenue-generating pockets for the market in the next five years?
  • Most of the suppliers have opted for expansion & acquisition as the key strategies as could be seen from the recent developments. Where will it take the industry in the mid to long term?

The market for guar gum is projected to grow at a CAGR of 7.9% from 2017 to 2022, to reach USD 1.15 billion by 2022.  The demand for guar gum has been high since a decade from different application industries, ranging from the oil & gas industry to the photography industry. There has been a rapid shift in the demand for guar gum from the food and oil & gas industries during the past few years, due to its application as a gelling agent in fracking fluid for hydraulic fractionation of oils. The North American and European regions have witnessed a surge in demand for industrial grade guar gum, owing to the growing food and shale gas industries.  

Based on grade, the industrial grade segment dominated the market, accounting for the largest share, in terms of value, in 2017. Industrial grade guar gum powder is used in various oil & gas industry applications such as oil well fracturing, oil well stimulation, oil recovery, oil well drilling, geological drilling, and water drilling; it acts as a deformer, surfactant, and synthetic polymer in these applications. Also, it is used for the extraction of tight oil and shale oil. The rapid growth in oil drilling and oil recovery activities in the North American and Middle Eastern countries, along with the increase in the usage of guar gum for the extraction of unconventional sources of oil—such as tight oil and shale oil—is expected to drive the demand for industrial grade guar gum products.  

Based on function, the guar gum market is divided into thickening, gelling, binding, friction reducing, and others. The gelling segment accounted for the largest share of the global guar gum market in 2017. Guar gum, as a gelling agent, is a booming market, due to its recent application in the oil & gas industry as an ingredient in the hydraulic fracking process. Guar gum is used as a gelling agent in fracking fluid composition. It is widely used in the oil drilling industry to increase the production rate of oil & gas, owing to its multifunctionality for fluid & water loss control, lubrication and cooling of drill bits, shale inhibition, and as a solids carrier.   

Based on application, the guar gum market is divided into oil & gas, food & beverages, mining & explosives, paper manufacturing, pharmaceuticals and cosmetics, and others (textile, animal feed, tobacco, ceramic, and synthetic resins). The oil & gas segment accounted for the largest share of the global market in 2017. Industrial grade guar gum powder is used in various oil & gas industry applications such as oil well fracturing; oil well stimulation; and oil recovery to serve multiple purposes such as  reducing water mobility and  providing  enhanced stability against salt, temperature, and shear. Due to its high viscosity, guar gum is widely used in oil well drilling, geological drilling, and water drilling activities; it enables drilling fluids to remove drill waste from deep holes. In the oilfield industry, guar gum is used as a deformer, surfactant, and synthetic polymer.  It is suitable for all rheological requirements of water-based and brine-based drilling fluids. It enables fluid and water loss control and facilitates the lubrication and cooling of drill bits.

Based on the food & beverage application, the guar gum market is divided into bakery & confectionery products, dairy & frozen products, beverages, sauces & dressings, and others (meat & poultry products, snacks, noodles, soups, and pasta). The bakery & confectionery products segment accounted for the largest share of the global market in 2017. Guar gum is used in numerous confectionery products, such as gummy and chewy confections, aerated confections and marshmallows, confectionery jellies, jelly beans, fruit leathers, caramels, fondants, pastes, and liquid centers/fillings. Guar gum increases the shelf life of products and controls and accelerates the setting time. The key factors responsible for the increased demand for guar gum in confectionery applications are the advantages offered by this product; these include better flavor release, reduced hot viscosity, and good gel clarity.

North America is projected to witness the fastest growth in the guar gum market during the forecast period. The oil & gas industry is booming in the North America region; this region dominates the global market, followed by Europe and Asia-Pacific. The demand for natural additives and processed food among consumers is fueling the growth of the food grade guar gum market; while the demand from the oil & gas drilling industry for hydraulic fracturing is driving the industrial grade guar gum market. The  large volume of guar gum imports  by the US and Canada for the oil & gas industry is the main reason contributing to the dominance of North America in the global market. A few leading manufacturers occupying a significant share in the market across North America include Ingredion, Incorporated (US), which acquired global guar gum leaders; TIC Gums, Inc. (US) & Penford Corporation (US); Ashland Specialty Ingredients (US); and Cargill (US).

Guar Gum Market

One of the major restraining factors responsible for the growth of the guar gum market is   fluctuation in the prices of guar and its products. Fluctuations in the prices of guar seeds and guar gum are one of the major challenges faced by the market. The price of guar seed affects the price of the guar gum, which, in turn, impacts the price of end products. Climate changes have a significant impact on the quality and quantity of guar crop production. There is a high fluctuation rate in the prices of guar, as it is influenced by different factors, namely, rainfall, export, the absence of market information, and unavailability of stocks. Prices have been observed to be highly volatile during the monsoons. Generally, rainfall and prices have a negative correlation, as production is largely dependent on rainfall. Guar crop is largely grown as a rain-fed crop.   

The key players such as E. I. du Pont de Nemours and Company (US), Cargill (US), Shree Ram Industries (India), Ingredion Incorporated (US), and Ashland Inc. (US) have been actively strategizing their growth strategies to expand in the market. These companies have a strong presence in Europe and North America. In addition, these companies have manufacturing facilities across these regions with a strong distribution network.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
    1.4 Periodization Considered
    1.5 Currency Considered
    1.6 Unit Considered
    1.7 Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Macroindicators
           2.2.1 Introduction
                    2.2.1.1 Increasing Natural Gas Consumption
                    2.2.1.2 Increasing Demand for Processed Food Products
                    2.2.1.3 Growth in Livestock Population
                    2.2.1.4 Changing Climatic Conditions
    2.3 Market Size Estimation
    2.4 Market Breakdown & Data Triangulation
    2.5 Assumptions and Limitations
           2.5.1 Assumptions
           2.5.2 Limitations

3 Executive Summary (Page No. - 31)

4 Premium Insights (Page No. - 37)
    4.1 Attractive Opportunities in this Market
    4.2 Guar Gum Market, By Grade
    4.3 North America Held the Largest Share in this Market
    4.4 Guar Gum Market, By Function
    4.5 Market, By Food & Beverages Application
    4.6 Market: By Region
    4.7 Product Life Cycle, By Region

5 Market Overview (Page No. - 44)
    5.1 Introduction
    5.2 Evolution of Guar Gum
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Growing Demand for Guar Gum in the Oil & Gas Industry
                    5.3.1.2 Increasing Applications of Guar Gum Owing to Its Multifunctional Properties
           5.3.2 Restraints
                    5.3.2.1 Lack of R&D Activities in Some Countries
                    5.3.2.2 Trade Barriers
                    5.3.2.3 Fluctuating Prices of Guar and Its Products
                               5.3.2.3.1 Dependence On Climatic Conditions
                               5.3.2.3.2 High Dependency On Crude Oil Prices
           5.3.3 Opportunities
                    5.3.3.1 Increased Consumption of Convenience Food
                    5.3.3.2 Emerging Markets That Have Immense Potential
           5.3.4 Challenges
                    5.3.4.1 Development of Guar Gum Substitutes
                    5.3.4.2 Export-Oriented Commodity and Unavailability of Stocks

6 Market For Guar Gum, By Grade (Page No. - 52)
    6.1 Introduction
    6.2 Food-Grade
    6.3 Industrial-Grade
    6.4 Pharmaceutical-Grade

7 Market For Guar Gum, By Function (Page No. - 60)
    7.1 Introduction
    7.2 Thickening
    7.3 Gelling
    7.4 Binding
    7.5 Friction Reducing
    7.6 Other Functions

8 Market For Guar Gum, By Application (Page No. - 68)
    8.1 Introduction
    8.2 Oil & Gas
    8.3 Food & Beverages
    8.4 Mining & Explosives
    8.5 Paper Manufacturing
    8.6 Pharmaceuticals & Cosmetics
    8.7 Others

9 Market For Guar Gum, By Food & Beverage Application (Page No. - 79)
    9.1 Introduction
    9.2 Bakery & Confectionery Products
    9.3 Dairy & Frozen Products
    9.4 Beverages
    9.5 Sauces & Dressings
    9.6 Others

10 Market For Guar Gum, By Region (Page No. - 89)
     10.1 Introduction
     10.2 North America
             10.2.1 U.S.
             10.2.2 Canada
             10.2.3 Mexico
     10.3 Europe
             10.3.1 Germany
             10.3.2 Spain
             10.3.3 Italy
             10.3.4 France
             10.3.5 U.K.
             10.3.6 Rest of Europe
     10.4 Asia-Pacific
             10.4.1 China
             10.4.2 India
             10.4.3 Pakistan
             10.4.4 Rest of Asia-Pacific
     10.5 RoW
             10.5.1 South America
             10.5.2 Middle East
             10.5.3 Others in RoW

11 Regulations Governing the Market For Guar Gum (Page No. - 119)
     11.1 Overview
     11.2 North America
             11.2.1 U.S.
             11.2.2 Canada
     11.3 Europe

12 Competitive Landscape (Page No. - 121)
     12.1 Introduction
     12.2 Competitive Benchmarking
     12.3 Company Ranking

*Top 15 Companies Analyzed for This Study are - Hindustan Gums & Chemicals Ltd. (India), Vikas WSP (India), India Glycols Ltd. (India), Rama Gum Industries (India), Dabur (India), Jai Bharat Gums & Chemicals Ltd. (India), Neelkanth Polymers (India), Guangrao Liuhe Chemicals Co. Ltd. (China), Lucid Group (India), Global Gums & Chemicals Pvt. Ltd. (Pakistan), Ashland Specialty Ingredients (U.S.), Ingredion Inc. (U.S.), Altrafine Gums (India), Ruchi Soya Industries Ltd. (India), Supreme Gums Pvt. Ltd. (India),

13 Company Profiles (Page No. - 124)
(Overview, Products and Services, Financials, Strategy & Development)*
     13.1 Cargill
     13.2 E.I. Dupont De Nemours and Company
     13.3 Shree Ram Industries
     13.4 Ingredion Incorporated
     13.5 Ashland Inc.
     13.6 Vikas WSP Ltd.
     13.7 Hindustan Gums and Chemical Limited
     13.8 Dabur India Ltd
     13.9 India Glycols Ltd
     13.10 Neelkanth Polymers
     13.11 Lucid Group
     13.12 Global Gums and Chemicals Pvt Ltd
     13.13 Guangrao Liuhe Chemical Co., Ltd.
     13.14 Jai Bharat Gums and Chemicals Ltd
     13.15 Altrafine Gums
     13.16 Supreme Gums Private Limited
     13.17 Ruchi Soya Industries Limited
     13.18 Rama Gum Industries

*Details On Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 155)
     14.1 Discussion Guide
     14.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.3 Introducing RT: Real-Time Market Intelligence
     14.4 Available Customizations
     14.5 Related Reports
     14.6 Author Details


List of Tables (89 Tables)

Table 1 Guar Gum Market Size, By Grade, 2015–2022 (USD Million)
Table 2 Market Size, By Grade, 2015–2022 (KT)
Table 3 Food-Grade Guar Gum Market Size, By Region, 2015–2022 (USD Million)
Table 4 Food-Grade Guar Gum Market Size, By Region, 2015–2022 (KT)
Table 5 Industrial-Grade Guar Gum Market Size, By Region, 2015–2022 (USD Million)
Table 6 Industrial-Grade Guar Gum Market Size, By Region, 2015–2022 (KT)
Table 7 Pharmaceutical-Grade Guar Gum Market Size, By Region, 2015–2022 (USD Million)
Table 8 Pharmaceutical-Grade Guar Gum Market Size, By Region, 2015–2022 (KT)
Table 9 Market Size For Guar Gum, By Function, 2015-2022 (USD Million)
Table 10 Market Size, By Function, 2015-2022 (KT)
Table 11 Thickening: Market Size For Guar Gum, By Region, 2015-2022 (USD Million)
Table 12 Thickening: Market Size, By Region, 2015-2022 (KT)
Table 13 Gelling: Market Size For Guar Gum, By Region, 2015-2022 (USD Million)
Table 14 Gelling: Market Size, By Region, 2015-2022 (KT)
Table 15 Binding: Market Size For Guar Gum, By Region, 2015-2022 (USD Million)
Table 16 Binding: Market Size, By Region, 2015-2022 (KT)
Table 17 Friction Reducing: Market Size For Guar Gum, By Region, 2015-2022 (USD Million)
Table 18 Friction Reducing: Market Size, By Region, 2015-2022 (KT)
Table 19 Other Functions: Market Size For Guar Gum, By Region, 2015-2022 (USD Million)
Table 20 Other Functions: Market Size, By Region, 2015-2022 (KT)
Table 21 Market Size For Guar Gum, By Application, 2015–2022 (USD Million)
Table 22 Market Size, By Application, 2015–2022 (KT)
Table 23 Guar Gum Market Size for Oil & Gas, By Region, 2015–2022 (USD Million)
Table 24 Market Size for Oil & Gas, By Region, 2015–2022 (KT)
Table 25 By Market Size for Food & Beverages, By Region, 2015–2022 (USD Million)
Table 26 Market Size for Food & Beverages, By Region, 2015–2022 (KT)
Table 27 Guar Gum Market Size for Mining & Explosives, By Region, 2015–2022 (USD Million)
Table 28 Market Size for Mining & Explosives, By Region, 2015–2022 (KT)
Table 29 By Market Size for Paper Manufacturing, By Region, 2015–2022 (USD Million)
Table 30 Market Size for Paper Manufacturing, By Region, 2015–2022 (KT)
Table 31 Guar Gum Market Size for Pharmaceuticals & Cosmetics, By Region, 2015–2022 (USD Million)
Table 32 Market Size for Pharmaceuticals & Cosmetics, By Region, 2015–2022 (KT)
Table 33 By Market Size for Other Applications, By Region, 2015–2022 (USD Million)
Table 34 Market Size for Other Applications, By Region, 2015–2022 (KT)
Table 35 Market Size For Guar Gum, By Food & Beverage Application, 2015–2022 (USD Million)
Table 36 Market Size, By Food & Beverage Application, 2015–2022 (KT)
Table 37 Guar Gum Market Size in Bakery & Confectionery Products, By Region, 2015–2022 (USD Million)
Table 38 Market Size in Bakery & Confectionery Products, By Region, 2015–2022 (KT)
Table 39 By Market Size in Dairy & Frozen Food, By Region, 2015–2022 (USD Million)
Table 40 Market Size in Dairy & Frozen Food, By Region, 2015–2022 (KT)
Table 41 Guar Gum Market Size in Beverages, By Region, 2015–2022 (USD Million)
Table 42 Market Size in Beverages, By Region, 2015–2022 (KT)
Table 43 By Market Size in Sauces & Dressings, By Region, 2015–2022 (USD Million)
Table 44 Market Size in Sauces & Dressings, By Region, 2015–2022 (KT)
Table 45 Guar Gum Market Size in Other Food & Beverage Applications, By Region, 2015–2022 (USD Million)
Table 46 Market Size in Other Food & Beverage Applications, By Region, 2015–2022 (KT)
Table 47 Market Size For Guar Gum, By Region, 2015–2022 (USD Million)
Table 48 Market Size, By Region, 2015–2022 (KT)
Table 49 North America: Market Size For Guar Gum, By Country, 2015–2022 (USD Million)
Table 50 North America: Market Size, By Country, 2015–2022 (KT)
Table 51 North America: Guar Gum Market Size, By Grade, 2015–2022 (USD Million)
Table 52 North America: Market Size, By Grade, 2015–2022 (KT)
Table 53 North America: Market Size, By Application, 2015–2022 (USD Million)
Table 54 North America: Market Size, By Application, 2015–2022 (KT)
Table 55 North America: Market Size, By Food & Beverage Application, 2015–2022 (USD Million)
Table 56 North America: Market Size, By Food & Beverage Application, 2015–2022 (KT)
Table 57 North America: Market Size For Guar Gum, By Function, 2015–2022 (USD Million)
Table 58 North America: Market Size, By Function, 2015–2022 (KT)
Table 59 Europe: Guar Gum Market Size, By Application, 2015-2022 (USD Million)
Table 60 Europe: Market Size, By Application, 2015-2022 (KT)
Table 61 Europe: Market Size For Guar Gum, By Food & Beverage Application, 2015-2022 (USD Million)
Table 62 Europe: Market Size, By Food & Beverage Application, 2015-2022 (KT)
Table 63 Europe: Market Size For Guar Gum, By Grade, 2015-2022 (USD Million)
Table 64 Europe: Market Size, By Grade, 2015-2022 (KT)
Table 65 Europe: Market Size For Guar Gum, By Function, 2015-2022 (USD Million)
Table 66 Europe: Market Size, By Function, 2015-2022 (KT)
Table 67 Europe: Market Size For Guar Gum, By Country, 2015-2022 (USD Million)
Table 68 Europe: Guar Gum Market Size, By Country, 2015-2022 (KT)
Table 69 Asia-Pacific: Market Size, By Application, 2015–2022 (USD Million)
Table 70 Asia-Pacific: Market Size, By Application, 2015–2022 (KT)
Table 71 Asia-Pacific: Market Size For Guar Gum, By Food & Beverage Application, 2015–2022 (USD Million)
Table 72 Asia-Pacific: Market Size, By Food & Beverage Application, 2015–2022 (KT)
Table 73 Asia-Pacific: Market Size, By Grade, 2015–2022 (USD Million)
Table 74 Asia-Pacific: Market Size, By Grade, 2015–2022 (KT)
Table 75 Asia-Pacific: Market Size For Guar Gum, By Function, 2015–2022 (USD Million)
Table 76 Asia-Pacific: Market Size, By Function, 2015–2022 (KT)
Table 77 Asia-Pacific: Market Size For Guar Gum, By Country, 2015–2022 (USD Million)
Table 78 Asia-Pacific: Market Size, By Country, 2015–2022 (KT)
Table 79 RoW: Market Size For Guar Gum, By Application, 2015-2022 (USD Million)
Table 80 RoW: Market Size, By Application, 2015-2022 (KT)
Table 81 RoW: Market Size For Guar Gum, By Food & Beverage Application, 2015-2022 (USD Million)
Table 82 RoW: Market Size, By Food & Beverage Application, 2015-2022 (KT)
Table 83 RoW: Market Size, By Grade, 2015-2022 (USD Million)
Table 84 RoW: Market Size, By Grade, 2015-2022 (KT)
Table 85 RoW: Market Size For Guar Gum, By Function, 2015-2022 (USD Million)
Table 86 RoW: Market Size, By Function, 2015-2022 (KT)
Table 87 RoW: Market Size For Guar Gum, By Region, 2015-2022 (USD Million)
Table 88 RoW: Guar Gum Market Size, By Region, 2015-2022 (KT)
Table 89 Recent Developments


List of Figures (38 Figures)

Figure 1 Market Segmentation
Figure 2 Guar Gum Market: Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 4 Increasing Natural Gas Consumption, 2012-2040 (Trillion Cubic Feet)
Figure 5 RTE and Snacks & Savory Products Segments Held ~35% in the Food Sector in 2013
Figure 6 Livestock Population Count, 2010 Vs. 2014 (Million)
Figure 7 Interdependence of Guar Production and Rainfall in Haryana, 2009–2011
Figure 8 Market Size Estimation: Bottom-Up Approach
Figure 9 Market Size Estimation Methodology: Top-Down Approach
Figure 10 Market Breakdown & Data Triangulation
Figure 11 Global Overview of Market For Guar Gum, 2015–2022
Figure 12 Global Overview of the Market For Guar Gum, By Grade, 2017–2022
Figure 13 Market Size For Guar Gum, By Application, 2017–2022 (USD Million)
Figure 14 Market Size, By Function, 2017–2022 (USD Million)
Figure 15 Market Size, By Region
Figure 16 Guar Gum Stands As an Emerging Market With Promising Growth Potential, 2017–2022 (USD Million)
Figure 17 Industrial-Grade Segment Projected to Grow at the Highest Rate From 2017 to 2022
Figure 18 Oil & Gas Application Held the Largest Share in the North American Region in 2016
Figure 19 Gelling Segment is Projected to Be the Largest Between 2017 and 2022
Figure 20 Bakery & Confectionery Products Dominated All Regions in 2016, in Terms of Value
Figure 21 North America is Projected to Be the Fastest Growing Region in the Market in 2016
Figure 22 The Guar Gum Market is at A Growing Stage
Figure 23 Evolution of Guar Gum
Figure 24 Guar Gum Market: Drivers, Restraints, Opportunities, and Challenges
Figure 25 Top Ten Countries With Technically Recoverable Wet Shale Gas Resources (Trillion Cubic Feet)
Figure 26 Guar Gum Consumption By the U.S. Oil & Gas Industry
Figure 27 Production of Guar is Directly Proportional to Rainfall, 2008–2011
Figure 28 Market Segmentation For Guar Gum, By Grade
Figure 29 Industrial-Grade Guar Gum Market Size, By Region, 2017 Vs. 2022 (USD Million)
Figure 30 Market For Guar Gum, By Application
Figure 31 Guar Gum Market Size for Oil & Gas, By Region, 2017 Vs. 2022 (USD Million)
Figure 32 Guar Gum Market Segmentation, By Food & Beverage Application
Figure 33 Bakery & Confectionery Products Market, By Region, 2017 Vs. 2022 (USD Million)
Figure 34 Dairy & Frozen Products Market, By Region, 2017 Vs. 2022 (USD Million)
Figure 35 Geographic Snapshot (2017–2022) – Rapid Growth Markets are Emerging As New Hotspots
Figure 36 North American Market Snapshot: Demand to Be Driven By Increase in the Consumption of Processed Foods
Figure 37 Europe: Guar Gum Market Snapshot
Figure 38 Cargill: Company Snapshot


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