According to the latest report by IMARC Group, titled "Guar Gum Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," the global guar gum powder market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the global market to reach a volume of 1.36 Million Tons by 2026, exhibiting moderate growth during the forecast period (2021-2026).

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Guar gum refers to a gel-forming soluble fiber that is produced by grinding the endosperm of the Cyamopsis tetragonolobus. This leguminous plant is widely cultivated in India and Pakistan, where it has been used for food applications over several years. Guar gum powder is free-flowing and characterized by fine texture and yellowish-white color with a slight odor. Highly soluble in cold and hot water, it has excellent thickening ability. It is used as a stabilizer, hydrocolloid, flocculant, gelling agent, bonding agent, natural emulsifier and fracturing agent for numerous applications. As a result, it forms an essential component across multiple industries, such as food, paper, textile, healthcare, pharmaceutical, and oil and gas sectors.

Global Guar Gum Powder Market Trends:                                                                   

The global market is primarily driven by the increasing utilization of guar gum powder in the food industry. It is used to yield softness and enhance the moisture retention property of bakery products, as well as to improve the texture and structure of curries and similar food items. They are also used to avoid the formation of ice crystals in frozen food products. Significant growth in the sector, supported by shifting dietary preferences and inflating disposable income levels of the masses, is providing a thrust to the market growth. Apart from this, guar gum powder is extensively used in the pharmaceutical industry as a binder for tablets and capsules, and as a disintegrating agent. It is also utilized as a thickener in the cosmetics and personal care sector for manufacturing creams, soaps, shampoos, lotions and conditioners. Furthermore, this powder is widely used in hydraulic fracturing and petroleum extraction due to its superior gelling, thickening and lubrication properties.

Guar Gum Powder Market 2021-2026 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the guar gum powder market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

Hindustan Gum & Chemicals
Jai Bharat Gum & Chemicals
Vikas WSP, Ltd.
India Glycols, Ltd.
Shree Ram Industries
Altrafine Gum
Lucid Group
Supreme Gum Pvt. Ltd.
Neelkants Polymers

Key Market Segmentation:

The report has segmented the guar gum powder market on the basis of grade, function, end use industry and region.

Breakup by Grade:

Food-Grade
Industrial-Grade
Pharmaceutical-Grade

Breakup by Function:

Thickening
Gelling
Binding
Friction Reducing
Other Functions

Breakup by End Use Industry:

Oil Drilling
Food Industry
Paper and Textile
Pharmaceuticals
Cosmetics
Others

Breakup by Region:

United States of America
Germany
India
Others

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/guar-gum-powder-manufacturing-plant

Key highlights of the report:            

Market Performance (2015-2020)
Market Outlook (2021-2026)
Industry Trends
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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