The global guar gum powder market size reached US$ 18.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 28.7 Billion by 2027, exhibiting a growth rate (CAGR) of 7.8% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Guar gum powder is obtained from the guar plant, which is commonly found in India and Pakistan. It is a free-flowing powder that is whitish to yellowish in color with a slight odor. Guar gum powder has a very fine texture and has an excellent thickening capacity with high solubility in both cold and hot water. Nowadays, drilling companies utilize guar gum powder to increase the viscosity of water, which is further used for extracting oil and natural gas from tight rock formations.

Guar gum powder finds numerous applications in a variety of industries. As a food preservative, it emulsifies, binds, moisturizes, thickens, stabilizes and suspends many liquid-solid systems and prevents the formation of ice crystals in frozen products. It is also used to impart softness and sponginess, enhance the texture and structure, increase the shelf life and improve the moisture retention in bakery items. Apart from this, guar gum powder is added in cosmetics and pharmaceuticals as a thickener, conditioner and viscosifier in toothpaste and shampoos, a binder in tablets, and as a mild laxative and soluble dietary fiber. Also, guar gum is used to thicken the dye solutions in textile and carpet printing, leading to more sharply printed patterns. Moreover, one of the essential applications of guar gum powder lies in petroleum extraction, significantly in the area of hydraulic fracturing. The powder also acts as an effective gelling agent and is an excellent lubricant, owing to which it is employed in oil well stimulation for reducing gel lumping.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global guar gum powder market report, along with forecasts at the global and country level from 2022-2027. Our report has categorized the market based on grade, function and end use industry.

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

Based on the end-use, the oil drilling sector exhibits a clear dominance in the market.

Regional Insights:

The United States
Germany
India
Others

On the geographical front, the United States represents the leading market, accounting for the majority of the total market share.

Competitive Landscape:
The competitive landscape of the market has also been analyzed in the report, providing the detailed profiles of the major players operating in the industry.

Key Questions Answered in This Report
1. What was the size of the global guar gum powder market in 2021?
2. What is the expected growth rate of the global guar gum powder market during 2022-2027?
3. What are the key factors driving the global guar gum powder market?
4. What has been the impact of COVID-19 on the global guar gum powder market?
5. What is the breakup of the global guar gum powder market based on the grade?
6. What is the breakup of the global guar gum powder market based on the function?
7. What is the breakup of the global guar gum powder market based on the End Use Industry?
8. What are the key regions in the global guar gum powder market?