Guar Gum

Guar Gum Market Outlook

The global guar gum market is projected to reach approximately USD 1.4 billion by 2035, expanding at a compound annual growth rate (CAGR) of 8.5% from 2025 to 2035. This notable growth is primarily driven by the rising demand for natural and plant-based food additives across various industries, including food and beverages, pharmaceuticals, and cosmetics. Additionally, the increasing applications of guar gum in hydraulic fracturing within the oil and gas sector have significantly contributed to market expansion. The growing awareness of health and wellness among consumers has further propelled the demand for guar gum as a thickening, stabilizing, and gelling agent. The versatility of guar gum in diverse applications makes it a crucial ingredient and has spurred innovation and research into its potential benefits, strengthening its position in the global market.

Growth Factor of the Market

Several factors are propelling the growth of the guar gum market globally, with a significant focus on the increasing demand for clean-label products from consumers. As modern consumers become increasingly health-conscious, they actively seek natural and organic food additives, leading to a surge in the utilization of guar gum in various food and beverage products. Furthermore, the rapid growth of the pharmaceutical industry is also contributing to the demand for guar gum, as it is widely used as a binder and thickening agent in medications. Additionally, the oil and gas industry has recognized the effectiveness of guar gum in fracturing fluids, which boosts its consumption in this sector. Additionally, the expansion of e-commerce platforms has provided more accessible distribution channels for consumers, further supporting market growth. Lastly, ongoing research and development activities aimed at exploring new applications for guar gum in sectors such as textiles and paper have opened new avenues for market expansion.

Key Highlights of the Market

• The guar gum market is projected to reach USD 1.4 billion by 2035.
• It is anticipated to grow at a CAGR of 8.5% from 2025 to 2035.
• Food and beverages applications dominate the market.
• The increasing popularity of plant-based and clean-label products drives demand.
• Guar gum is increasingly utilized in the oil and gas sector for hydraulic fracturing.

By Product Type

Food Grade Guar Gum:

Food grade guar gum is the most widely used type, primarily due to its applications in the food and beverage industry. This product type functions as a thickening and stabilizing agent in various food products, including dairy items, sauces, and baked goods. With the growing trend toward healthier eating habits and natural food products, food-grade guar gum has seen a significant uptick in demand. It is favored by food manufacturers for its ability to improve texture and mouthfeel while also extending shelf life. Furthermore, the increasing incorporation of clean-label ingredients has made food-grade guar gum a preferred choice among consumers seeking transparency in their food products.

Industrial Grade Guar Gum:

Industrial grade guar gum is primarily used in various industrial applications, including textile processing, paper manufacturing, and oil drilling. This type of guar gum is known for its thickening properties and is essential in the formulation of various industrial products. The booming textile industry, particularly in Asia-Pacific, has played a vital role in propelling the demand for industrial-grade guar gum. Its effectiveness in enhancing the viscosity of fluids and its ability to act as a binder in various industrial applications make it an indispensable component in manufacturing processes across several sectors.

Pharmaceutical Grade Guar Gum:

Pharmaceutical grade guar gum is utilized in the production of tablets, capsules, and syrup formulations due to its binding and thickening properties. It ensures uniform distribution of active ingredients within pharmaceutical formulations, thus enhancing efficacy. As the pharmaceutical sector continues to expand globally, driven by innovations and growing healthcare demands, the demand for pharmaceutical-grade guar gum is expected to rise correspondingly. Its non-toxic nature and suitability for various drug formulations make it a preferred choice among pharmaceutical companies, thereby underscoring its significance in the market.

Cosmetic Grade Guar Gum:

Cosmetic grade guar gum is increasingly being used in the personal care industry, primarily due to its emulsifying and thickening properties. It is commonly found in products such as lotions, creams, and hair care items. With a growing consumer preference for natural and organic beauty products, cosmetic grade guar gum has gained traction as a safe and effective ingredient. Its ability to provide a smooth texture and improve the stability of cosmetic formulations has made it a popular choice for manufacturers aiming to cater to the rising demand for clean beauty products.

Oilfield Grade Guar Gum:

Oilfield grade guar gum is specially formulated for use in hydraulic fracturing processes, where it serves as a viscosity enhancer in drilling fluids. Its ability to maintain stability at high temperatures and pressures makes it an essential component in the oil and gas industry. As the demand for energy continues to grow, coupled with the need for efficient extraction techniques, the consumption of oilfield grade guar gum is anticipated to increase. This product type plays a critical role in optimizing drilling operations and reducing costs, thus solidifying its importance in the market.

By Application

Food & Beverages:

The food and beverages sector is the largest application segment for guar gum, as it is widely used as a thickening, stabilizing, and gelling agent. Guar gum enhances the texture and mouthfeel of various food products, including sauces, dairy products, and baked goods. The trend toward health-conscious eating and the demand for natural food additives have spurred the growth of this segment. With increasing consumer awareness of clean-label products, food manufacturers are increasingly incorporating guar gum into their formulations, driving its market growth.

Pharmaceuticals:

In the pharmaceutical industry, guar gum serves multiple purposes, primarily as a binder and thickener in drug formulations. It ensures the uniform distribution of active ingredients, enhancing the efficacy and stability of medications. The expanding pharmaceutical sector, driven by innovative drug development and increased healthcare needs, has led to a heightened demand for guar gum in this application segment. Its non-toxic nature and versatility make it an attractive ingredient for pharmaceutical manufacturers looking to improve product quality and patient outcomes.

Cosmetics & Personal Care:

Guar gum is increasingly utilized in the cosmetics and personal care industry due to its emulsifying and thickening properties. It is commonly found in lotions, creams, shampoos, and conditioners, where it helps create a smooth texture and improve product stability. As consumers continue to gravitate towards natural and organic beauty products, the demand for guar gum in this segment has risen significantly. Its ability to enhance the performance and aesthetics of cosmetic formulations positions it as a key ingredient in the personal care industry.

Oil & Gas:

The oil and gas sector has emerged as a significant application area for guar gum, primarily due to its role in hydraulic fracturing processes. As the demand for energy continues to rise, the need for efficient extraction techniques has driven the consumption of guar gum in this application. Its ability to improve the viscosity of drilling fluids ensures more effective and cost-efficient drilling operations. The ongoing developments in the oil and gas industry, particularly in unconventional resource extraction, will further contribute to the growth of this segment in the coming years.

Textile:

In the textile industry, guar gum is used as a thickening agent in dyeing and printing processes. It helps improve the viscosity of printing pastes, ensuring better color fixation and adherence. The growing textile market, particularly in emerging economies, has boosted the demand for guar gum in this application. Its effectiveness in enhancing the quality of textile products, combined with the rising focus on sustainable and eco-friendly practices, establishes guar gum as a valuable ingredient within this sector.

Paper:

The paper industry utilizes guar gum as a sizing and coating agent, improving the quality and performance of paper products. Its thickening properties enhance the viscosity of pulp and water mixtures, resulting in better paper formation. As the global demand for paper products continues to rise in various sectors, including packaging and printing, the significance of guar gum in the paper application segment is expected to grow. Furthermore, the increasing focus on sustainable practices in the paper industry will likely further elevate the demand for guar gum as a natural alternative to synthetic additives.

By Distribution Channel

Online Stores:

The online distribution channel has gained significant traction in the guar gum market, primarily due to the increasing prevalence of e-commerce platforms. Online stores allow consumers to access a wider range of products, including specialty and organic guar gum options, without geographical limitations. This convenience caters to the rising demand for clean-label products, as consumers can readily find and purchase natural ingredients for their applications. Additionally, the growing trend toward digital shopping has encouraged manufacturers to establish a strong online presence, driving sales through online channels.

Supermarkets/Hypermarkets:

Supermarkets and hypermarkets remain essential distribution channels for guar gum, as they provide consumers with easy access to a variety of food and cosmetic products. These retail outlets often stock a range of guar gum-based products, appealing to health-conscious shoppers seeking natural ingredients. The physical presence of supermarkets and hypermarkets allows consumers to make informed purchasing decisions by comparing different brands and options. This channel continues to play a critical role in driving the overall consumption of guar gum in everyday products.

Specialty Stores:

Specialty stores cater to niche markets and health-conscious consumers, making them an important distribution channel for guar gum. These stores often focus on organic and natural products, appealing to consumers who prioritize clean-label ingredients. The availability of guar gum in specialty stores enables consumers to easily find high-quality, plant-based additives for their cooking or cosmetic needs. As the demand for organic and specialty products continues to rise, the role of specialty stores in promoting guar gum is expected to strengthen.

Convenience Stores:

Convenience stores offer a quick and accessible option for consumers looking to purchase guar gum products, especially in urban areas. While these stores may not carry extensive selections, they often stock popular guar gum-based items that cater to on-the-go consumers. The growing trend of health-conscious eating has prompted convenience stores to expand their offerings to include natural and organic products. As consumer preferences shift toward healthier options, the role of convenience stores in the distribution of guar gum is likely to evolve, presenting new opportunities for market growth.

Direct Sales:

Direct sales channels, including manufacturer-to-consumer sales, have seen an increase in prominence due to the desire for transparency and quality assurance. Consumers are increasingly choosing to buy directly from manufacturers, especially when it comes to specialty or organic guar gum products. This distribution channel allows manufacturers to build trust with consumers by providing detailed information about product sourcing and manufacturing processes. As awareness of health and sustainability continues to drive consumer choices, direct sales will play a significant role in the overall distribution strategy for guar gum.

By Ingredient Type

Guar Seed Extract:

Guar seed extract is the primary raw material used to produce guar gum. It consists of ground seeds that are rich in galactomannan, a polysaccharide that forms the basis of guar gum's thickening properties. The demand for guar seed extract is closely tied to the growth of the guar gum market, as it is the foundational ingredient for various applications. The increasing awareness of the health benefits associated with guar gum, including its ability to aid digestion and promote gut health, has resulted in a heightened demand for guar seed extract in the food and pharmaceutical industries.

Guar Gum Powder:

Guar gum powder is one of the most common forms of guar gum available in the market and is widely used across various industries. This powdered form is highly valued for its excellent thickening and stabilizing properties, making it an ideal ingredient for food products, cosmetics, and pharmaceuticals. As manufacturers increasingly seek to develop clean-label products, the demand for guar gum powder has surged. Its versatility in multiple applications, combined with growing consumer interest in natural ingredients, positions guar gum powder as a key player in the market.

Guar Gum Derivatives:

Guar gum derivatives, such as hydroxypropyl guar and carboxymethyl guar, are modified forms of guar gum that offer enhanced properties for specific applications. These derivatives are often used in the textile and oil industries, where they serve specialized functions that standard guar gum may not provide. The demand for guar gum derivatives is anticipated to grow as industries increasingly recognize the benefits of using modified forms of natural products to optimize performance. Their ability to provide tailored solutions for diverse applications underscores the importance of this segment within the guar gum market.

Guar Gum Emulsifiers:

Guar gum emulsifiers are utilized in various food products to stabilize emulsions and improve texture. These emulsifiers play a crucial role in preventing the separation of oil and water phases, thereby enhancing the quality and shelf life of products such as dressings, sauces, and dairy items. The rising demand for natural emulsifiers, driven by consumer preferences for clean-label ingredients, has propelled the growth of this segment. As food manufacturers continue to seek out effective, plant-based emulsifying agents, guar gum emulsifiers are expected to gain further traction in the market.

Guar Gum Stabilizers:

Guar gum stabilizers are essential in a variety of applications, particularly in the food and beverage industry, where they help maintain product consistency and prevent phase separation. These stabilizers are crucial in products like ice cream, where they enhance texture and prevent ice crystallization. The increasing focus on food quality and stability has propelled the demand for guar gum stabilizers, as manufacturers seek natural solutions to improve product formulations. As the market for natural stabilizing agents continues to grow, guar gum stabilizers will play an integral role in meeting consumer expectations for high-quality food products.

By Region

The North American region dominates the guar gum market, accounting for approximately 35% of the total market share in 2025. The strong demand for guar gum in the food and beverage, pharmaceutical, and personal care industries drives its growth in this region. The presence of established manufacturers and a well-developed supply chain further contribute to the region's leading position. Moreover, the increasing emphasis on health and wellness and the demand for clean-label products among North American consumers support the ongoing expansion of the guar gum market. The forecasted CAGR for North America during the period between 2025 and 2035 is expected to be around 7.8%, driven by these factors.

In contrast, the Asia Pacific region is anticipated to experience the highest growth rate within the guar gum market, with a CAGR of 10.2% from 2025 to 2035. The growing agricultural production in countries such as India and Pakistan, which are the largest producers of guar beans, plays a significant role in the region's robust market growth. Furthermore, the increasing applications of guar gum in various sectors, including textiles and oil and gas, contribute to the expansion of the market in this region. As consumer awareness regarding health and the demand for natural products rise, the Asia Pacific region is poised for substantial growth in the guar gum market.

Opportunities

The guar gum market presents numerous opportunities for growth and expansion in the coming years. One of the most significant opportunities lies within the food and beverage sector, where the demand for natural and plant-based ingredients continues to surge. This trend is fueled by increasing consumer awareness regarding the health benefits of natural additives and a growing preference for clean-label products. Manufacturers have the chance to innovate by developing new food products that incorporate guar gum as a key ingredient, thereby capitalizing on this evolving consumer landscape. Furthermore, as the food industry increasingly shifts toward sustainable practices, there is potential for guar gum to be recognized as an eco-friendly alternative to synthetic additives, further enhancing its market appeal.

Another opportunity for the guar gum market arises from the pharmaceutical sector, where the demand for natural binders and thickening agents is on the rise. With an increasing focus on developing safe and effective drug formulations, pharmaceutical companies are seeking natural alternatives to synthetic excipients, positioning guar gum as a favorable option. Additionally, ongoing research into the health benefits of guar gum, including its potential applications in weight management and digestive health, opens up new avenues for product development. By partnering with pharmaceutical companies to explore novel uses for guar gum, manufacturers can tap into a lucrative market segment that prioritizes health and wellness.

Threats

Despite its growth potential, the guar gum market faces several threats that could hinder its expansion. One of the primary threats is the volatility in the prices of guar beans, which can significantly impact the cost of producing guar gum. Factors such as climate change, fluctuating agricultural yields, and market demand can lead to price instability, making it challenging for manufacturers to maintain consistent profit margins. Additionally, competition from synthetic alternatives may pose a threat, as some industries may opt for cheaper, synthetic options instead of natural guar gum, particularly in price-sensitive markets. The introduction of new regulations regarding food and ingredient safety may also impact the market, as compliance can increase production costs for manufacturers.

Furthermore, the growing trend of plant-based alternatives in various sectors could lead to increased competition among natural thickening agents, which may dilute the market share of guar gum. As consumers explore alternative options, the market for guar gum may face pressure from substitutes, such as xanthan gum and locust bean gum, which offer similar functionalities. Manufacturers must continuously innovate and differentiate their products to maintain relevance and competitiveness in an evolving marketplace.

Competitor Outlook

• Guar Resources, LLC
• Vikas WSP Limited
• Lucid Colloids Ltd.
• Hindustan Gum and Chemicals Ltd.
• Ashland Global Holdings Inc.
• Gebr. Heller GmbH
• Neelkanth Polymers
• Vikas WSP Limited
• Gujarat Ambuja Exports Ltd.
• AEP Colloids
• Altrafine Gums
• Shree Ram Group
• Himachal Pradesh Agro Industries Corporation
• Starcocagum
• Royal Ingredients Group

The competitive landscape of the guar gum market is characterized by several key players that dominate the industry, each vying for market share through product innovation, strategic partnerships, and a strong focus on sustainability. Leading companies in the market include Guar Resources, LLC, which is known for its high-quality guar gum products tailored for various applications, and Vikas WSP Limited, which has established a strong presence in both domestic and international markets. These companies leverage their expertise in production and distribution to maintain a competitive edge, ensuring they meet the evolving needs of consumers and businesses alike.

Lucid Colloids Ltd. and Hindustan Gum and Chemicals Ltd. are other notable competitors in the guar gum market, recognized for their commitment to quality and sourcing sustainable ingredients. These companies invest heavily in research and development to create innovative products that cater to diverse applications, from food and beverages to pharmaceuticals and personal care. Moreover, Ashland Global Holdings Inc. continues to expand its portfolio of guar gum derivatives and modified products, positioning itself strategically in the market to serve a wide array of industries.

Collaborations and partnerships among key players also play a significant role in shaping the competitive landscape. For instance, companies often engage in joint ventures or strategic alliances to enhance their production capabilities, expand their geographical reach, and optimize supply chains. This approach allows companies to share resources and expertise, thereby increasing their market competitiveness. Additionally, the focus on sustainability and eco-friendly practices is becoming increasingly important among consumers, prompting companies to align their values with those of their target audience to build brand loyalty and consumer trust in the guar gum market.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Starcocagum
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 AEP Colloids
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Altrafine Gums
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Shree Ram Group
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Gebr. Heller GmbH
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Vikas WSP Limited
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Neelkanth Polymers
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Guar Resources, LLC
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Lucid Colloids Ltd.
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Royal Ingredients Group
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Gujarat Ambuja Exports Ltd.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Ashland Global Holdings Inc.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Hindustan Gum and Chemicals Ltd.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Himachal Pradesh Agro Industries Corporation
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Guar Gum Market, By Application
    • 6.1.1 Food & Beverages
    • 6.1.2 Pharmaceuticals
    • 6.1.3 Cosmetics & Personal Care
    • 6.1.4 Oil & Gas
    • 6.1.5 Textile
    • 6.1.6 Paper
  • 6.2 Guar Gum Market, By Product Type
    • 6.2.1 Food Grade Guar Gum
    • 6.2.2 Industrial Grade Guar Gum
    • 6.2.3 Pharmaceutical Grade Guar Gum
    • 6.2.4 Cosmetic Grade Guar Gum
    • 6.2.5 Oilfield Grade Guar Gum
  • 6.3 Guar Gum Market, By Ingredient Type
    • 6.3.1 Guar Seed Extract
    • 6.3.2 Guar Gum Powder
    • 6.3.3 Guar Gum Derivatives
    • 6.3.4 Guar Gum Emulsifiers
    • 6.3.5 Guar Gum Stabilizers
  • 6.4 Guar Gum Market, By Distribution Channel
    • 6.4.1 Online Stores
    • 6.4.2 Supermarkets/Hypermarkets
    • 6.4.3 Specialty Stores
    • 6.4.4 Convenience Stores
    • 6.4.5 Direct Sales

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Guar Gum Market by Region
  • 10.3 Asia Pacific - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 India
      • 10.3.1.2 China
      • 10.3.1.3 Japan
      • 10.3.1.4 South Korea
  • 10.4 Latin America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 Brazil
      • 10.4.1.2 Argentina
      • 10.4.1.3 Mexico
  • 10.5 North America - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 USA
      • 10.5.1.2 Canada
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Guar Gum market is categorized based on

By Product Type

• Food Grade Guar Gum
• Industrial Grade Guar Gum
• Pharmaceutical Grade Guar Gum
• Cosmetic Grade Guar Gum
• Oilfield Grade Guar Gum

By Application

• Food & Beverages
• Pharmaceuticals
• Cosmetics & Personal Care
• Oil & Gas
• Textile
• Paper

By Distribution Channel

• Online Stores
• Supermarkets/Hypermarkets
• Specialty Stores
• Convenience Stores
• Direct Sales

By Ingredient Type

• Guar Seed Extract
• Guar Gum Powder
• Guar Gum Derivatives
• Guar Gum Emulsifiers
• Guar Gum Stabilizers

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Guar Resources, LLC
• Vikas WSP Limited
• Lucid Colloids Ltd.
• Hindustan Gum and Chemicals Ltd.
• Ashland Global Holdings Inc.
• Gebr. Heller GmbH
• Neelkanth Polymers
• Vikas WSP Limited
• Gujarat Ambuja Exports Ltd.
• AEP Colloids
• Altrafine Gums
• Shree Ram Group
• Himachal Pradesh Agro Industries Corporation
• Starcocagum
• Royal Ingredients Group