seen from Nigeria
seen from China
seen from Japan
seen from Canada
seen from Germany
seen from Malaysia
seen from United States
seen from United States
seen from Türkiye
seen from Georgia
seen from Malaysia
seen from United States
seen from United States
seen from Canada
seen from China
seen from Nepal
seen from United States
seen from United Kingdom
seen from United States
seen from United States
Growth in the North American hydrocolloids market is anticipated to driven mainly by increasing demand from oil & gas sector, as well as food & beverages. Increasing oil drilling activities in the United States and Canada are forecast to drive the demand for hydrocolloids in North American region. On the other hand, South American market is mainly driven by increasing usage of hydrocolloids in the food & beverages sectors.
Asia-Pacific’s hydrocolloids demand is mainly driven by increasing demand from food & beverages, pharmaceuticals and oil & gas sectors. China is the largest market for hydrocolloids in Asia-Pacific, estimated at 328 thousand metric tons in 2018, which is also likely to post the fastest 2018-2024 CAGR of 5.6% in reaching a projected 456 thousand metric tons by 2024.
