MRRSE has announced the addition of the “Xanthan Market - Global Industry Expert Opinions Analysis, Emerging Opportunities, Market Size, Share, Growth Drivers, Market Trends, Statistics And Forecast 2015 - 2020” report to their offering.
Xanthan market global industry status, opportunities, market forecasts for 2020
1. Xanthan Market Global Industry Status, Opportunities, Market
Forecasts for 2020
Report Description
Xanthan, popularly known as xanthan gum, a polysaccharide
synthesized and secreted by a bacterium, Xanthomonas
campestris, is commonly used as a rheology modifier and
2. food additive. It performs the function of a thickening agent
in food such as, salad dressings, and a stabilizing agent in
cosmetics and personal care products It s also used in oil and
drilling operations for lubricating, fracking and viscosity
modifying applications. Xanthan gum consists of repeating
units of five carbon ring structures (Pentasaccharides),
containing glucuronic acid, mannose, and glucose (in molar
ratio 2:2:1). Xanthan gum is manufactured by fermentation of
sugars such as lactose, sucrose or glucose. After fermentation,
the polysaccharide formed is extracted through precipitation
from a nutrition/growth medium by adding isopropyl alcohol,
drying and then grounding the extract into fine powder.
Xanthan gum is formed by adding the powdered
polysaccharide into a liquid medium.
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market
The rise in oil and gas drilling activities from shale gas
reserves is expected to drive the xanthan gum market within
the forecast period between 2013 and 2019. Rise in discovery
of shale gas plays across the world and development of
improved, commercially viable shale gas extraction
technology is supporting the growth of oil and gas market.
This, in turn, is enhancing the demand for the chemicals
used in these activities. Polyacrylamide, guar gum and
xanthan gum are few of the most commonly used polymers
for petroleum extraction. Limited supply of guar gum creates
4. a gap in the market to be filled by Xanthan gum.
Additionally, lower prices of xanthan when compared to guar
are another prospective factor for the growth in demand for
xanthan.
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Xanthan gum market can be classified, based on its
applications, into four end-user segments as oil and gas
drilling, food and beverages, cosmetics and personal care
products and others including pharmaceuticals, paper,
coatings, etc. Food and beverages is estimated to be the
largest market segment currently. Environment friendly nature
of xanthan in terms of production process, biobased feedstock
5. and zero toxicity of end products is a driving factor for its
adoption over a wide range of petroleum based synthetic
polymers with similar functionality. However, a slightly
longer production process in terms of time taken is a minor
setback. In addition, the advanced technological requirement
for the complex manufacturing process is a reason for low
adoption rate of xanthan as a product by market participants.
Oil and gas drilling activities segment is projected to be the
fastest growing segment over the forecast period from 2013
to 2019. Food and beverage market and cosmetics and
personal care markets are growing rapidly, especially in high
growth countries of Asia Pacific and Rest of the World.
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Asia Pacific is expected to be the largest market owing to the
fast growing industrial applications of xanthan. The market is
witnessing major growth in China, Japan and India attributed
to rapid technological advancements and infrastructure
development in these countries. Rest of the world (RoW) is
expected to be the fastest growing region. In Rest of the
World region, countries such as Brazil, Argentina, Venezuela,
South Africa and Nigeria among others are expected to show
higher than GDP market growth. This trend is expected to
continue over the forecast period between 2013 and 2019.
The mature markets of Europe and North America are
7. expected to grow slow as compared to Asia Pacific and RoW.
However, with present changes in the economic activities in
the regions the market is showing positive growth and is
expected to climb higher over the forecast period between
2013 and 2019 lead by rising shale gas drilling activities.
The market is dominated by few global organized players
with China producing the largest volume followed by the
U.S., Japan, Austria and France. Some of the key players in
the xanthan market include ADM, Cargill, CP Kelco and
Danisco among others.
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