Rheology Modifiers Market to Reach US$6.86 bn by 2024


                

Transparency Market Research has published a new report titled “Rheology Modifiers Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.” According to the report, the global rheology modifiers market was valued at US$4.97 Bn in 2015 and is anticipated to reach US$6.86 Bn in 2024, expanding at a CAGR of 3.7% between 2016 and 2024. Rheology modifiers that are primarily used in the construction industry include polyacrylamide, starch ethers, polyether, and polyurethane. Addition of rheology modifiers reduces segregation, produces cohesive mixture, and enhances sag resistance properties in cement formulations and dry mortar applications. Increase in the number of construction projects, growth in population, and rise in government plans to develop infrastructure are projected to propel the construction industry in Asia Pacific. This, in turn, is likely to drive the rheology modifiers market during the forecast period.