Several factors have led to the guar price fluctuations in the global markets. The main factors include;
Avlast Hydrocolloids Started the operation around a decade ago with the help of a professional team, they proved their mettle with their commitment and compliance with quality. With the extensive knowledge about manufacturing and production of different Guar gum and cassia gum products, they made a mark all around the globe with their high quality products. As they have a major tie up with different Guar and Cassia growers all over India, they can procure the best raw materials. Also, as they have their processing unit in the region where extensive Guar cultivation is done, availability of cheap and best material is easy.
The guar Gum is a high molecular weight polysaccharide comprising of up to 8 million units of galactomannans and is derived from the guar plant seeds. Its botanical name is called, Cyamopsistetragonaloba.
Hydrocolloid is a kind of substance that creates a gel with the help of water and it is widely used in various industries including the industry of processed food. Hydrocolloid dressing is a well-known term in this industry. This is a wafer type dressing with agents that form gel in an adhesive compound. The raise of global hydrocolloid market depends on the development of processed food industry to a great extent. According to the recent studies, it is expected that the global hydrocolloid market will reach $108.5 billion within 2020.
Leading guar gum manufacturers are preparing 100 percent safe products that are good in quality and reliable as well. Dedicate manufacturing approach followed by Guar Gum Manufactures and Exporters make it suitable for varied industrial apps. The targeted industries include health sector, medical sector, cosmetic industries and food industry.
The textile industry is big profitable industry with billions of profits and millions of employees worldwide. Demand for fashionable clothes is increasing everyday and continues to grow in coming years as well. Trends get changed according to festivals and special occasions. The global demand for clothes is also increasing every day.
According to USA researchers, guar gum market is supposed to expand by $10 billion by 2020. This is a wonderful opportunity for guar gum suppliers to enter into this business and earn maximum profits too.
You would be shocked to know even biggest industrialists are putting steps towards Guar Gum Market India to enjoy that extra pinch of profit. Everyone is agreeing with this projection growth as guar gum is used everywhere today like food sector, pharmaceutical industries, paper mills, textile industries, etc.
This is tough time for guar gum exporters in the industry to survive with current crisis. However, the situation cannot be controlled by the expert team but only solution is to wait for the right time to maximize the profits. If we go into depth then demand of guar gum has reduced to halved and many of the companies have already closed their plant because of zero profits and negligible demands from clients.
The biggest reason for decreased Demand Of Guar Gum Powder is recession in crude oil industries. More than 80 percent of guar gum is utilized by crude oil and petroleum industries. That’s why demand for guar gum powder has been reduced almost halved and profits of exporters are also decreasing at a fast pace.
Today, everyone is concerned about his health and various health conditions like diabetes, obesity, migraine or cardio vascular diseases have become common today. To reduce or stable these conditions, people have started consuming healthy food items like guar gum powder in their daily diet.
One of the common popular choices is herbal tea that is widely accepted across worldwide to treat various health conditions.