Guar gum powder is obtained from guar plant which is commonly found in India and Pakistan. It is a free-flowing powder and has a very fine texture. In addition, this powder contains excellent thickening capacity with high solubility in water. Guar Gum powder has numerous applications in a variety of industries. As a food preservative, it emulsifies, binds water, prevents ice crystals in ice-covered products, moisturizes, thickens, stabilizes and suspends many liquid-solid systems. Guar Gum thickens the dye solutions in textile and carpet printing leading to more sharply printed patterns. One of the essential applications of Guar lies in petroleum production, significantly in the area of hydraulic fracturing. According to IMARC group, the global production of guar gum powder has witnessed fluctuating trends during recent years reaching a volume of 825,891 Tons in 2018.
IMARC’s latest study “Guar Gum Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” has segmented the guar gum powder market on the basis of end use industry, key regions, grades and major functions. Oil drilling currently represents the biggest end-use segment of guar gum powder. Oil drilling is followed by the food industry, paper & textile, pharmaceuticals and cosmetics. Region-wise, the United States is the largest consumer of guar gum powder followed by Germany and India. The report has also analysed some of the key players in this market which include Hindustan Gum & Chemicals Ltd., India Glycols Ltd., Vikas WSP Ltd., Pakistan Gum Industries Pvt. Ltd. and Rama Industries.
This report provides a deep insight into the global guar gum powder industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a guar gum powder manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the guar gum powder industry in any manner.
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