Hydroxypropyl guar is a natural plant  extracted from guar beans and processed by hydroxypropylation. It is a non-ionic water-soluble polymer with good water solubility and biocompatibility.

Overview of Overall Market Development 

With the gradual recovery of the global economy and the increasing demand from consumers for high-quality and safe products, the hydroxypropyl guar market has maintained a steady growth trend in recent years. According to our research data, the global market size of hydroxypropyl guar was $11.57 million in 2023. In the coming years, it is expected that the application fields of hydroxypropyl guar will further expand to emerging fields such as biomedicine, new energy, and environmental protection. At the same time, with the continuous improvement of production technology and the continuous reduction of costs, the market price of hydroxypropyl guar will gradually become affordable, further promoting the popularization and development of the market. It is expected that by 2026, the global market size of hydroxypropyl guar  will increase to $13.88 million.

From downstream applications, hydroxypropyl guar is widely used in industries such as cosmetics, personal care, petroleum, and food. In the cosmetics and personal care product industry, hydroxypropyl guar is used as an emulsifier, stabilizer, and moisturizer, which can improve the moisturizing effect and user experience of products; In the petroleum industry, hydroxypropyl guar is used as a drilling fluid and oil recovery additive, which can improve the efficiency of oil recovery and the performance of drilling fluid; In the food industry, hydroxypropyl guar is used as a thickener, stabilizer, and suspension agent, which can improve the taste and texture of food and help prevent the settling of particles or droplets in food. Among them, the cosmetics and personal care industries are the largest downstream application markets for hydroxypropyl guar, with an application share of 88.85%.

Source: www.globalmarketmonitor.com

Analysis of Market Development in Major Regions/Countries

From a regional perspective, Europe is the largest consumer region of hydroxypropyl guar worldwide. Data shows that in 2023, the consumption of hydroxypropyl guar in Europe was 93.8 tons, accounting for 40.80% of the global total consumption. The Asia Pacific and North America are the second and third largest consumer markets, respectively.

From a national perspective, China is also an important consumer market for hydroxypropyl guar worldwide. In recent years, with the rapid development of the economy and the continuous upgrading of consumer demand, the Chinese hydroxypropyl guar market has shown a rapid growth trend. In the Chinese market, international and local enterprises compete together, and top companies have a certain market share in terms of sales volume, revenue, and price. Among them, international enterprises have advantages in technology, brand, and channels, while local enterprises have a better understanding of market demand and consumer habits, with stronger flexibility and adaptability.

Global Hydroxypropyl Guar Market Size and Share by Region/Country in 2023

Regions/Countries	Consumption (Tons)	Proportion
North America	31.9	13.88%
Europe	93.8	40.80%
China	44.8	19.49%
Japan	16.8	7.31%
India	8.4	3.65%
South America	11.1	4.83%
Middle East & Africa	6.6	2.87%