Home > Bulk Chemicals > Rheological Additives Market Trends, Share Forecast to 2029 | StraitsResearch
Straits Research

Rheological Additives Market

Rheological Additives Market: Information by Type (Aqueous Phase Additives), Nature (Organic), Application (Paints and Coatings, Cosmetics and Personal Care), and Region — Forecast till 2029

Table of Content Download Sample

Market Overview

Rheological additives are used to control and manage the characteristics and properties of the liquids. In the absence of rheological additives, the fluid behaves as runny water, causing inconvenience during the application of the fluids. They also help in enhancing the stability, suspensibility, and performance of the liquid. Rheological additives are used extensively in construction, cosmetics, and pharmaceutical, among other industries. Increasing application of rheological additives in paints, coatings, adhesives, and sealants are likely to create upswings for market growth.

Growth in the Construction Sector to Create Upswings for the Market Growth

Construction is expected to be one of the most dynamic sectors in the coming years, playing a crucial role in the prosperity of society globally. As per the data available by Oxford Economics, the global construction sector is foreseen to grow by USD 8 trillion, and this growth is expected to be driven by the U.S, China, and India.

China's Belt and Road Initiative (BRI) development strategy intends to build connectivity and co-operation throughout six key economic corridors consisting China, Mongolia, Russia, Eurasian countries, and Central and West Asia, among others. Chinas overall objective of Belt and Road initiative (BRI) is overwhelming, with around 60 countries have signed on the project. As per the Council of Foreign Relations, it is estimated that by 2027, the total investment for the Belt and Road Initiative (BRI) is expected to reach a value of USD 1.3 trillion.  All these factors are high growth drivers for the construction materials, further creating a fillip for the rheological additives market growth.  

The government of India is undertaking a smart city mission that aims to foster sustainable construction and development of cities. The Bharatmala Pariyojana program, an Indian government-sponsored road and highway project, aims to construct about 50 new national corridors, connecting 550 districts.

Phase 1 of the project consists of constructing 34,800 km of roads and highways by the year 2021, followed by Phase 2 of the project, which includes port and coastal connectivity. The growing demand for construction projects in Asia-Pacific will create massive demand for paints, coatings, additives, sealants, and other construction material that uses rheological additives to enhance the properties of the fluids.

Globally, there are many upcoming construction projects that will require a large number of construction materials. Some of the most significant construction projects include Al Maktoum International Airport, Dubai, with an estimated cost of USD 32 billion, spread over 21 square miles. London's Crossrail Project, with an estimated cost of USD 23 billion, is another large scale high-speed railway project, further driving the market growth.

Market Snapshot

market snapshot
Base Year
: 2021
Study Period
: 2017-2029
: 5.7 %
Fastest Growing Market
: Asia Pacific
Largest Market
: North America
Market Size
: 1520
Get more information on this report Download Sample Report

Segmental Analysis

Advantages of Organic Rheological Additives to Drive Its Demand in the Pharmaceutical and Cosmetics Industries

The organic rheological additive is much more diverse than inorganic rheological additives. Few of the organic rheological modifiers include cellulose, castor oil derivatives, hydrophobic ethoxylated urethane resins, alkali-acrylic emulsions, and calcium sulfonates. Organic rheological additives offer more advantages compared to non-organic rheological additives, such as strong shear thinning, high film build, and sag resistance.

Organic rheological is finding higher applications owing to the naturally derived nature of the product. It is used in a wide array of products, such as paints, coatings, creams, lotions, and inks, to control the fluid properties and avoid splatter of the liquid and increase shelf life. Its increasing demand in the pharmaceutical and cosmetics industries is projected to create fillip for market growth.

Regional Analysis

The U.S. to Spearhead North America's Rheological Additives Market

North America has been a pioneer in the field of technological development. Today, the region is one of the key manufacturers and consumers of rheological additives.  As per the International Monetary Fund World Economic, North America ranks first in the world in terms of nominal GDP and second in terms of purchasing power in 2018. Its nominal GDP accounted for USD 19.39 trillion in 2017 and is expected to touch USD 24.53 trillion by 2023.

The automobile industry in the U.S. is one of the biggest in the world; as per The International Trade Administration (ITA), the U.S. Department of Commerce, the total sales of light vehicles was around 17 million units. Furthermore, the total foreign direct investment in the automotive sector reached USD 115 billion in 2018.

The increasing number of vehicles is likely to create demand for rheological additives in the region that are used to control and enhance the properties of paints, prevent splatter during painting, give a glossy and premium finish, and help achieve a balance between durability and consistency of the paint.   

The construction sector in the U.S. has been witnessing tremendous growth in the last few years. The U.S. spends around USD 1,293 billion on construction activities every year. As per data by the Associated General Contractors of America (AGC), the U.S. construction industry employs approximately 7 million people and creates nearly USD 1.35 trillion worth of projects every year. For instance, the LaGuardia airport construction, an ongoing project in Queens, New York, is estimated to cost USD 8 billion and be completed in 2022. 

Over the last few years, North America witnessed economic volatility due to stringent trade policies of the U.S. on the import of Chinese goods, which has adversely affected the regional growth on a macro-economic level. This is increasing the foreign direct investment in Mexico and improving the economic scheme of the country. Mexico's efforts to scale up its manufacturing capacity during this trade war have reaped substantial dividends for the country. All these factors highlight the growth potential of the rheological additives market in the region during the forecast period. However, the trade war with China and the recent outbreak of Coronavirus will adversely impact the rheological additives market in the coming future.

Rheological Additives Market Regional Analysis
Regional Growth Insights Download Free Sample

Top Key Players of Rheological Additives Market

  • The Dow Chemical Company
  • Lubrizol Corporation
  • Clariant
  • Cargill Incorporated
  • Arkema
  • Croda International Plc
  • Ashland
  • Akzo Nobel N.V.
  • Elementis Plc.
  • BYK Additives & Instruments
  • Palmer Holland, Inc.
  • Gehring Montgomery, Inc.

Report Scope

Report Metric Details
CAGR 5.7%
Forecast Period 2023-2031
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered
  1. By Type
    1. Aqueous Phase Additives
    2. Non-Aqueous Phase Additives
  2.  By Nature
    1. Organic
    2. Inorganic
  3.  By Application
    1. Paints and Coatings
    2. Cosmetics and Personal Care
    3. Adhesives and Sealants
    4. Pharmaceuticals
    5. Home and I&I Products
    6. Oil and Gas
    7. Construction
Geographies Covered
  • North America
  • Europe
  • APAC
  • Middle East and Africa

Rheological Additives Market Segmentation

By Type

  • Aqueous Phase Additives
  • Non-Aqueous Phase Additives 

 By Nature

  • Organic
  • Inorganic 

 By Application

  • Paints and Coatings
  • Cosmetics and Personal Care
  • Adhesives and Sealants
  • Pharmaceuticals
  • Home and I&I Products
  • Oil and Gas
  • Construction

By Region

North America

  • The U.S.
  • Canada
  • Mexico


  • Germany 
  • France
  • Italy
  • The U.K.
  • The Rest of Europe


  • China 
  • India
  • Japan
  • South Korea
  • Australia
  • The Rest of APAC

Central and South America and the Caribbean 

  • Brazil
  • Argentina
  • Colombia
  • The Rest of Central and South America and the Caribbean 

The Middle East

  • Saudi Arabia
  • The UAE
  • Qatar
  • Oman
  • Turkey
  • The Rest of the Middle East


  • Nigeria
  • South Africa
  • The Rest of Africa

Frequently Asked Questions (FAQs)

What is the estimated growth rate (CAGR) of the Rheological Additives Market?
Rheological Additives Market size will grow at approx. CAGR of 5.7% during the forecast period.
Some of the top prominent players in Rheological Additives Market are, BASF SE, The Dow Chemical Company, Lubrizol Corporation, Clariant, Cargill Incorporated, Arkema, Croda International Plc, Ashland, Akzo Nobel N.V., Elementis Plc., BYK Additives & Instruments, Palmer Holland, Inc., Gehring Montgomery, Inc., etc.
North America has held a dominant position in the Rheological Additives Market, with the largest market share.
The region with the most rapid expansion in the Rheological Additives Market is Asia Pacific.
The global Rheological Additives Market report is segmented as follows: By Type, By Nature, By Application
Price Starts From
USD 995

Purchase Benefits

  • Eligible for a free updated report next year
  • Completely customizable scope
  • 30% discount on your next purchase
  • Dedicated account manager
  • Query resolution within 24 hours
  • Permission to print the report
Want to learn more about recent trends and data ?
They Already Trust Us :
LG Chemicals
LCY chemical group
Lubrizol Corporation
HB Fuller
Need Assistance?
+1 646 905 0080 (U.S.)
+44 203 695 0070 (U.K.)

Report Benefits

  • Develop business strategies by understanding the trends shaping and driving the Market.
  • Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Market in the future.
  • Formulate effective sales and marketing strategies by understanding the competitive landscape and by analysing the company share of market leaders.
  • Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
  • Track sales in the global and country-specific Market.
  • Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments and strategic partnerships.
Report Snapshot
Looking For Custom Report ?
Check Our License Options :

As featured on :

Trusted by Fortune 500
Over 30000+ subscribers