Hydrocolloids are those polymers
that are readily soluble, dispersive and prone to swell in water and thus
change the physical properties of the solution to form gels, or enable
thickening, emulsification and/or stabilization. Xanthan, carrageenan, starches
and other such naturally occurring substances are some common hydrocolloids
used in the market today. Based on their application, hydrocolloids are used in
food, oilfields, pharmaceutical, paper and board, textiles and other
industries. The major application markets for hydrocolloids are food and
oilfields, both by revenue and volume and this trend is expected to continue in
the coming years. Asia Pacific is the largest consumer in the hydrocolloids
market and China is the single largest country in the world dominating
hydrocolloid consumption at present. Japan is another country where
hydrocolloids are used in plentiful, followed by Europe and North America and
the Rest of the World. Based on product type, Starch and derivatives of starch
are the dominant market and these substances at present account for most of the
volume and revenue share of all hydrocolloids in any region.
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One of the major factors driving
this market is ready availability of starches and other hydrocolloids in
nature. Their application base in food, oilfields and pharmaceuticals is
another advantage driving the market forward in revenue and volumes. The major
factor restraining the market is the volatility of market prices on the
application industries which directly affect hydrocolloid prices and
consumption. Europe is expected to be a major market for hydrocolloids in the
near future as the financial situation improves and many industries are
resuming full-scale production. High-value hydrocolloids such as guar gum and
derivatives, casein, gelatin and others are also expected to increase in market
share and this provides an opportunity for revenue boosts.
Some of the major companies
manufacturing and distributing hydrocolloids in the market are Cargill
Ingredients, CP Kelco, Danisco Ingredients, FMC Biopolymers, Hispanagar S.A.,
Jungbunzlauer and others.
This research report analyzes this
market depending on its market segments, major geographies, and current market
trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive
analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming
years
This report is a complete study of
current trends in the market, industry growth drivers, and restraints. It
provides market projections for the coming years. It includes analysis of
recent developments in technology, Porter’s five force model analysis and
detailed profiles of top industry players. The report also includes a review of
micro and macro factors essential for the existing market players and new
entrants along with detailed value chain analysis.
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