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Europe Sizing And Thickening Agents Market By Type (Sizing: Natural, Synthetic, Thickening Agents: Minerals, Hydrocolloids), By Application (Food And Beverages, Paper And Paperboard, Paints And Coatings, Textile And Fiber And Others) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2022 to 2027

Published: March, 2023
ID: 7315
Pages: 145
Formats: report pdf report excel report power bi report ppt

Europe Sizing and Thickening agents Market Analysis:

Europe Sizing and Thickening agents Market was worth USD 4.83 billion in 2020 and estimated to be growing at a CAGR of 5.3%, to reach USD 6.25 billion by 2026. Sizing agents increase the size and viscosity of liquid without altering the taste and thickening agents are generally used to thicken soups and sauces without changing taste.

Sizing agents are generally applied to fibers to impart required qualities. Sizing agents are generally used to reduce porosity of fibers in order to make them suitable for printing. Sizing agents are mostly used in textile and Paper industries. Thickener or Thickening agents are generally used in food and beverage industry to increase viscosity of substances like soups and sauces without changing their taste. Thickening agents are also used as gelling agents in food products such as desserts, jams, and jellies.

Europe Sizing and Thickening agents Market Drivers:

Major factors driving the growth of market are increasing applications of thickeners and sizing agents in paper, textile and food and beverage industry, increasing consumption of processed food and beverages and agreements, collaborations, joint ventures, acquisitions, expansions, and new product launches from market leaders. However, environmental concerns regarding use of these agents and depletion of raw materials and minerals are the factors restraining the growth of market.

Europe Sizing and Thickening agents Market Segmentation Analysis:

The Europe market for Sizing and Thickening agents is segmented based on Type and Application. Based on Type in sizing agents – Natural and Synthetic. Based on Type in thickening agents – Minerals and Hydrocolloids. Based on Applications – Food and Beverages, Paper and Paperboard, Paints and Coatings, Textile and Fiber and Others. Based on Geographical analysis the market is separated into regions of U.K., Germany, France, Italy and Spain. U.K. is leading the market regionally, followed by Germany due to the presence of market leaders and a well-developed food industry. Germany is expected to grow the fastest owing to its increasing disposable income, rise in living standards and growing adoption rate. Natural Sizing agents hold the major share in the market in terms of sizing agent types. Mineral Thickening agents hold the major share in the market while hydro colloids are expected to grow the fastest due to technological advancements making them cost effective. Food and beverage industry hold the maximum share in terms of applications and paper industry is expected to grow the fastest.

Europe Sizing and Thickening agents Market key Players

Some of the key players in Sizing and Thickening agents market are ADM, Ashland, Cargill, Inc., CP Kelco, Dupont, FMC Corp, Ingredion, DOW Chemicals, BASF, AKZO Nobel.

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