Guar Gum Market Country Level Analysis

April 26, 2022 | Author: madhvansakshi27 | Category:
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North America dominates the guar gum market due to the rise in the adoption of hydraulic fracking and oil well drilling in the oil and gas industry. Furthermore, the initiations by the government to improve exploration activities will further boost the growth of the guar gum market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of growth in the guar gum market due to the rise in the population and the increasing disposable income. Moreover, the quick urbanization and the rapid development in the oil and gas exploration activities is further anticipated to propel the growth of the guar gum market in the region in the coming years.
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