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Xanthan Gum Market By Application (Oil & Gas, Food & Beverages, Pharmaceutical, Cosmetics) - Growth, Future Prospects And Competitive Analysis, 2017 - 2025

Xanthan gum is a complex exopolysaccharide; it is a polymer composed of sugar residues secreted by a microorganism into the surrounding environment. Xanthan gum is widely usedas a thickening and stabilizing agent in a wide variety of food, beverage, and industrial products. Some of the common uses of xanthan gum can be found in cosmetics, baked goods and pastry fillings, ice cream and sherbet, industrial uses, jams, jellies, sauces, lotions, medicines, pudding, salad dressings, toothpaste, yogurt, etc. In oilfield applications, xanthan gum provides excellent rheological control for water-based drilling, completion, and work-over fluids in a wide range of brines.

By application type, xanthan gum market segmentation includes oil and gas, food and beverages, pharmaceuticals, cosmetics, and others (paper, coatings, etc.). The market size and forecast of each application and product type are presented for the period 2015–2025, along with their respective CAGRs% for the forecast period 2017–20255.

The market size and forecast for the period 2015–2025, along with the CAGRs for the period 2017–2025 for the mentioned segments, are also presented in this study.

Qualitative information sets such as market dynamics (drivers, challenges, and opportunities) and market inclination insights are provided in this market assessment report. Tools such as market competition analysis and attractive investment propositions are also included in this study for the assessment of the overall market competition. The report concludes with a section on company profiles that highlight key information about the major market players operating in the global xanthan gum market.

Cargill, Inc., CP Kelco, Deosen Biochemical Ltd., E. I. du Pont de Nemours and Company, Fufeng Group Company Limited, Jungbunzlauer Suisse AG, Pfizer Inc., Qingdao Unichem International Trade Co. Ltd., Solvay S.A., and The Archer Daniels Midland Company are among the few key manufacturers in the xanthan gum market.

Purpose of the Report

The purpose of this strategic research study titled "Xanthan Gum Market: Growth, Opportunities, Share, and Competitive Analysis, 2017–2025" is to offer industry investors, company executives, and industry participants in-depth insights to enable them to make informed strategic decisions related to the opportunities in the Xanthan Gum market.

Target Audience

  • Industry Investors
  • Procurement Managers from End-User Companies
  • Xanthan Gum Manufacturers
  • Distributors

Based on applications, the xanthan gum market is categorized into the following segments:

  • Oil and Gas
  • Food & Beverages
  • Pharmaceutical
  • Cosmetics
  • Others (paper, coatings, etc.)

Among considered applications, the oil and gas segment held the largest market share in 2016, accounting for more than 40% of the total demand for xanthan gum, and is expected to maintain its dominance through the forecast period. Increased oil and gas drilling activities from gas reserves are expected to drive the xanthan gum market in the upcoming years. This, in turn, is improving the demand for the chemicals used in the oil and gas industry. Xanthan gum is one of the most commonly used polymers for petroleum extraction.

Xanthan gum is environment-friendly by nature in terms of zero toxicity of end products and biobased feedstock and production process, which is a driving factor for its adoption over a wide range of petroleum-based synthetic polymers with similar functionality. Food and beverages are estimated to be the second-largest market segment currently. Some of the other factors fueling the xanthan gum market's growth include rising demand from pharmaceutical, cosmetic, and other (paper, coatings, etc.) applications.

On the basis of geographical distribution, the global xanthan gum market is segmented into the following regional markets:

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • Germany
  • France
  • Rest of Europe

Asia Pacific

  • China
  • India
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Mexico
  • rest of Latin America

Middle East and Africa

  • GCC
  • Rest of the Middle East and Africa

In the fiscal year 2016, Asia Pacific was the largest regional market for xanthan gum. In the Asia Pacific, China and India will serve as potential markets for xanthan gum in the next five to six years owing to rapid technological advancements and infrastructure development in these countries. Growing consumption of xanthan gum in various applications like oil and gas, food and beverages, pharmaceuticals, and cosmetics, especially in China and India, along with commercialization measures for xanthan gum in various end-use industries, is likely to fuel the xanthan gum market's growth. Also, the market is estimated to lose its share in developed regions to developing regions in the next few years.

Europe and North America are mature markets in terms of xanthan gum demand and are expected to grow slowly as compared to Asia Pacific, Latin America, the Middle East, and Africa.

Frequently Asked Question:

The market for Xanthan Gum Market is expected to reach USD$ XX Mn in 2025.

The Xanthan Gum Market is expected to see significant CAGR growth over the coming years, at 5.8%.

The report is forecasted from 2017 -2025.

The base year of this report is 2016.

Cargill, Inc., CP Kelco, Deosen Biochemical Ltd., E. I. du Pont de Nemours and Company, Fufeng Group Company Limited. are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Oct 2017
Category:  Chemicals
Report ID:   58726
Report Format:   PDF
Pages:   120
Rating:    4.8 (70)
Delivery Time: 24 Hours to 48 Hours   
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