Guar Gum Market Analysis by Key Players, Industry Growth, Size, Share, Trends, Sales Forecast and Supply Demand to 2023
27 Jun 2019 - Global Guar Gum Market is anticipated to grow considerably in the forecast period owing to the increasing use of guar gum in the oil and gas industry. Guar gum is derived from guar beans and is also popularly known as gellan gum. It is a fiber with myriads of uses and few benefits to the body. Guar gum also enjoys most of the present commercial status due to the development of cationic and anionic guar gum derivatives and their applications in oil and gas. It was initially used in explosives as a gelling agent in slurry explosive or as an additive to dynamite. Guar gum has emerged as a major ingredient for fracking fluids that hold application in oil & gas hydraulic fracturing process. The gelling and thickening properties of guar gum essentially improves the viscosity of hydraulic fluids. In the food and beverage sector, the product is mainly used as thickener and stabilizer in stuffs like bottled coconut and almond milk...