Sizing And Thickening Agents Market 2024 : Size, Growth Rate, Business Module, Product Scope, Regional Analysis And Expansions 2033

Overview and Scope
Sizing agents refer to substances that are used in the paper to prevent it from blurting and make it water-resistance. They are used for preventing ink and water from seeping into the paper. Thickening agents refer to a substance used in liquid or food to make it stiff and thick. They are used for increasing viscosity.

Sizing and Forecast
The sizing and thickening agents market size has grown strongly in recent years. It will grow from $18.75 billion in 2023 to $20.11 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to increased food and beverage industry, rise in consumer preference for processed foods, advancements in textile and printing industries, increased demand in pharmaceutical formulations, increased emphasis on personal care and cosmetics..

The sizing and thickening agents market size is expected to see strongly grown in the next few years. It will grow to $25.75 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to health and wellness trends in food products, expansion of non-food applications, focus on textile innovation and sustainability, increasing demand for specialty personal care products, globalization of pharmaceutical and cosmetic markets.. Major trends in the forecast period include advancements in nanotechnology for enhanced functionality, customization of blends for specific applications, growing adoption of hydrocolloids, focus on enhanced rheological properties, integration of digitalization in manufacturing processes..

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The sizing and thickening agents market covered in this report is segmented –

1) By Sizing Agent Type: Natural, Synthetic Sizing Agents
2) By Thickening Agent Type: Minerals, Hydrocolloids, Other Types
3) By Application: Food And Beverages, Paper And Paperboard, Paints And Coatings, Textile And Fibers, Other Applications

North America was the largest region in the sizing and thickening agents market in 2023. The regions covered in the sizing and thickening agents market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth
An increase in oil production is expected to propel the sizing and thickening agents market growth. The oil industries refer to industries that are involved in discovering a resource, transporting to a refinery, and processing it into a finished product. Sizing and thickening agents improve the fracturing efficiency of oil during exploration, as a result, an increase in oil production increases the demand for the sizing and thickening agents. For instance, in November 2022, according to Energy Information Administration, a US-based provider of energy information, the production of oil in the US in Feb 2022 increased by 14.05% to 11,316 barrels per day compared to 9,925 barrels per day in 2021. Therefore, the increasing oil production drives the sizing and thickening agents market.

Key Industry Players
Major companies operating in the sizing and thickening agents market report are Archer-Daniels-Midland Company, Ashland Global Holdings Inc., Cargill Inc., CP Kelco India Pvt Ltd., DuPont de Nemours Inc., FMC Corporation, The Dow Chemical Company, BASF SE, Akzo Nobel N.V., Ingredion Inc., Jungbunzlauer Suisse AG, Tate & Lyle plc, Kuraray Co. Ltd., Lubrizol Corporation, Eastman Chemical Company, Celanese Corporation, Wacker Chemie AG, Mitsubishi Chemical Holdings Corporation, PPG Industries Inc., Evonik Industries AG, Croda International plc, Clariant AG, Stepan Company, Kao Corporation, Henkel AG & Co. KGaA, Univar Solutions Inc., Biesterfeld AG, Nippon Carbide Industries Co. Inc.

The sizing and thickening agents market report table of contents includes:

1. Executive Summary

2. Sizing And Thickening Agents Market Characteristics

3. Sizing And Thickening Agents Market Trends And Strategies

4. Sizing And Thickening Agents Market – Macro Economic Scenario

5. Global Sizing And Thickening Agents Market Size and Growth
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31. Global Sizing And Thickening Agents Market Competitive Benchmarking

32. Global Sizing And Thickening Agents Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Sizing And Thickening Agents Market

34. Sizing And Thickening Agents Market Future Outlook and Potential Analysis

35. Appendix

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