Market Data Forecast

The Advent of Guar Gum Market in Cosmetics Industry Turn the Tables for Competitors

The Global Guar Gum Market is worth USD 708 million in 2016 and estimated to grow at a CAGR of 7.9%, to reach USD 1035 million by 2021.

 

Hyderabad, India -- (SBWIRE) -- 03/01/2018 -- Guar gum, additionally called guaran, is a substance crafted from guar beans which ought to thicken and stabilize residences useful in numerous industries, historically the food enterprise and, increasing hydraulic fracturing industry. The guar seeds are dehusked, milled and screened to gain the guar gum. Guar gum acts as a water-soluble fiber, acts as a bulk-forming laxative, so is said to be powerful in selling ordinary bowel movements and relieving constipation and persistent related bowel illnesses, along with diverticulosis, Crohn's sickness, colitis and irritable bowel syndrome. Guar gum has been considered of interest in regard to both weight reduction and diabetic diets.

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The worldwide Guar Gum marketplace turned into worth USD 708 million in 2016 and is anticipated to develop at a CAGR of 7.9%, to reach USD 1035 million by way of 2021.

Guar gum is suitable for making ointments and pores and skin creams due to the fact it's far cationic to reap conditioning and thickening homes. As a conditioner, it'll provide pores and skin with a clean and soft appearance. Products having guar gum for cosmetics or guar gum powder for cosmetics will be beneficial to the skin and hair due to the fact that pores, skin and hair are anionic in nature. It's also a totally useful product inside the manufacture of cosmetics because it's a surfactant. Surfactants lessen liquid surface tension and are applicable in shaving creams as lubricants.

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In 2017, North America held a large percentage of the worldwide guar gum market and is likewise projected to develop at the best CAGR for the duration of the forecast period. High import volumes via the U.S. are the major component that is influencing the area's proportion inside the market. There have been titanic increase possibilities in the European and Asia-Pacific markets, because of the rising demand for guar gum from the meals and feed industries.

Some of the companies of the market include Jai Bharat Gums & Chemicals Ltd. (India), Neelkanth Polymers (India), Guangrao Liuhe Chemicals Co. Ltd. (China) , Lucid Group (India) ,Hindustan Gums & Chemicals Ltd. (India), Vikas WSP Limited (India), Ashland Specialty Ingredients (U.S.), Ingredion Inc. (U.S.), Altrafine Gums (India), Ruchi Soya Industries Ltd. (India), and Supreme Gums Pvt. Ltd. (India)

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