The global Guar Gum market was valued at 302.61 Million USD in 2021 and will grow with a CAGR of 30.36% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Guar Gum is a type of products that derived from guar splits that obtained from guar seed.The guar gum industry concentration is relatively high. Global giant manufactures mainly distributed in India and Pakistan. The manufacturers in India have a long history and unshakable status in this field. It takes about 78.94% of global market in 2016, followed by the Pakistan of 10.85%. Manufacturers such as Hindustan Gum have relative higher level of product`s quality. The market is not only influenced by the price, but also influenced by the product performance. Although small companies have price advantage, the application is narrow to some extent due to the poor manufacture processing, cheap raw material and less diversity of products. The leading companies own the advantages on better performance, more abundant product`s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.

By Market Verdors:

Hindustan Gum

Jai Bharat Gum and Chemicals

Neelkanth Polymers

Sunita Hydrocolloids

Vikas WSP

Guangrao Liuhe Chemical

Global Gums & Chemicals

Shandong Dongda Commerce

Jingkun Chemistry Company

Lotus Gums & Chemicals

Supreme Gums

Shree Ram Group

Wuxi Jinxin Science& Tchnology

Rama Industries

Vikas Granaries Limited

Raj Gum

By Types:

Industrial Grade

Food Grade

By Applications:

Food Industry

Petroleum Industry

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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