Guar gum is a viscous fiber that is extracted from the guar plant. It is a yellowish-white powder, odorless, composed of galactan and mannan units. These are combined through glycosidic bonds, which are chemically named Galactomannan. It is a polysaccharide that is soluble in cold water. Its viscosity is a key feature that makes it a potentially beneficial product. It is commercially extracted by the sequential process of roasting, differential attrition, sieving and polishing.
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The key importing countries are the United States, Germany, and Russia. On the other hand, the key exporting countries include India, Oman, and Spain.
Key Details About the Guar Gum Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the guar gum price trend in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Guar Gum Price chart, including India Guar Gum price, USA Guar Gum price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Guar Gum Price Trend:
The agrochemical guargum is used in the pharmaceutical, textile, paper, pulp, explosives, and food industries. Guar gum has applications associated with oil and cosmetics as well. It is primarily used as a stabilizer and thickener in many products. The ability to control various health problems such as colonel cancer, diabetes, and heart problems allows its involvement with the medical industries.
Additionally, it is used in the oil and gas industries as it provides excellent stimulation in hydraulic fracturing. In textile industries, it is used in dyes to produce more accurate and sharp prints. It is applicable to be used in explosive industries to regulate water blocking. It improves paper production when added to the pulp during production. Guar Gum is utilized in several sectors all over the market.
Key Players:
Guar gum is a natural thickening agent derived from guar beans. It is widely used in various industries such as food, pharmaceuticals, cosmetics, and oil drilling due to its unique properties. Some key players in the guar gum industry include:
- Hindustan Gum & Chemicals Ltd.: Hindustan Gum is one of the leading manufacturers and exporters of guar gum in India. The company has a significant presence in both domestic and international markets.
- Vikas WSP Ltd.: Vikas WSP is another major player in the guar gum industry, known for its high-quality guar gum products. The company has a diversified product portfolio catering to various industries.
- Lucid Group: Lucid Group is a global supplier of guar gum products, offering a wide range of guar gum derivatives for applications in food, pet food, pharmaceuticals, and industrial sectors.
- Ruchi Soya Industries Ltd.: Ruchi Soya is a prominent player in the guar gum industry, producing guar gum as well as other agri-based products. The company has a strong presence in the Indian market.
- Ashland Global Holdings Inc.: Ashland is a multinational company that manufactures specialty chemicals, including guar gum derivatives used in various industries such as food, personal care, and pharmaceuticals.
- Guar Resources LLC: Guar Resources is a leading supplier of guar gum products in the United States, offering high-quality guar gum for applications in hydraulic fracturing, food processing, and other industries.
- TIC Gums, Inc.: TIC Gums is a US-based company specializing in hydrocolloid solutions, including guar gum, for the food and beverage industry. The company offers customized solutions to meet specific customer requirements.
- Ingredion Incorporated: Ingredion is a global ingredients solutions company that offers a wide range of starches, sweeteners, and hydrocolloids, including guar gum, for various industries worldwide.
These are just a few examples of the key players in the guar gum industry. There are many other companies involved in the production, processing, and distribution of guar gum and its derivatives globally.
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