Viscosity Reducing Agent

Viscosity Reducing Agent Market Outlook

The global Viscosity Reducing Agent Market is projected to reach USD 2.5 billion by 2035, growing at a CAGR of 5.8% from 2025 to 2035. The increasing demand for viscosity reducing agents in multiple industries such as oil & gas, food & beverages, and pharmaceuticals is driving this growth. Moreover, the rise in the extraction and processing of unconventional oil resources has necessitated the use of these agents to manage fluid flow and enhance recovery rates. The growing emphasis on product quality and efficiency in manufacturing processes across various sectors further supports the market's expansion. As industries increasingly adopt advanced technologies and formulations, the scope for innovative viscosity reducing agents becomes even broader, thus propelling market growth.

Growth Factor of the Market

The primary growth driver for the viscosity reducing agent market is the rising need for effective fluid management solutions across various industries. In the oil and gas sector, viscosity reducing agents play a crucial role in enhancing the flow of heavy crude oils, thereby facilitating extraction and transportation processes. Additionally, the growing focus on sustainability and environmentally friendly products has led to the development of bio-based viscosity reducing agents, which are gaining traction among consumers and companies alike. The increasing investments in research and development for advanced formulation technologies also contribute to the market growth by introducing innovative products. Furthermore, the expansion of the pharmaceutical and food & beverage industries is resulting in higher consumption of viscosity reducing agents, as they are essential for maintaining product consistency and quality. Lastly, the rising consumer awareness about the benefits of using viscosity reduction solutions in personal care products is driving adoption across the personal care sector.

Key Highlights of the Market

• Projected market size of USD 2.5 billion by 2035.
• Estimated CAGR of 5.8% from 2025 to 2035.
• Growing demand in oil & gas, food & beverages, and pharmaceuticals.
• Increased investment in research and development of eco-friendly products.
• Expansion of personal care applications driving market growth.

By Product Type

Polymer Based:

Polymer-based viscosity reducing agents are widely utilized due to their effectiveness in altering the flow characteristics of fluids. These agents work by creating a network of polymers that provides enhanced viscosity control and stability. They are essential in applications such as oil recovery, where they help in reducing the viscosity of heavy crude oils, thereby facilitating easier transport and extraction. Additionally, polymer-based agents are increasingly being used in the manufacturing of coatings and adhesives, as they help achieve desired thickness and consistency. The versatility and efficiency of polymer-based agents make them a preferred choice among manufacturers in various sectors, which contributes to their significant market share.

Surfactant Based:

Surfactant-based viscosity reducing agents are gaining popularity due to their unique ability to lower surface tension and improve fluid flow. These agents are crucial in industries like paints and coatings, where they enhance the application properties and finish quality of the products. Surfactants also play a vital role in the formulation of personal care products, helping in the stability and appearance of creams and lotions. The growing trend of environmentally friendly and biodegradable surfactants is further boosting the market for this product type, as consumers and manufacturers alike are increasingly seeking sustainable alternatives.

Solvent Based:

Solvent-based viscosity reducing agents are primarily utilized in the chemical industry for their ability to modify the viscosity of various solutions and suspensions. These agents are effective in applications requiring rapid dissolution and dispersion of solids, making them indispensable in coatings and inks. The demand for solvent-based agents is supported by the ongoing growth in the automotive and aerospace industries, where high-performance coatings are essential. Moreover, the versatility of solvent-based agents allows for their use in a wide range of applications, ensuring consistent product performance and quality.

Enzyme Based:

Enzyme-based viscosity reducing agents are gaining traction, particularly in the food and beverage industry, where they are used to optimize the texture and consistency of products. These agents are derived from natural sources and are favored for their ability to minimize viscosity without compromising the quality of the final product. The increasing demand for clean-label products has spurred the growth of enzyme-based agents, as they align with consumer preferences for natural ingredients. Furthermore, enzyme-based agents are also being explored for applications in wastewater treatment, adding to their utility and market prospects.

Chemical Additive Based:

Chemical additive-based viscosity reducing agents are critical in various industrial applications, particularly in oil & gas and coatings. These agents are formulated to enhance the flow characteristics of products, thereby improving efficiency and reducing costs. They are often used in hydraulic fracturing operations, where their ability to lower viscosity can significantly impact the efficiency of the extraction process. As industries continue to seek ways to optimize their operations and reduce environmental impacts, the demand for innovative chemical additives is expected to grow, bolstering this segment of the market.

By Application

Oil & Gas:

The oil & gas sector is a significant consumer of viscosity reducing agents, as they are essential for enhancing the flow of crude oil, particularly heavier grades that are more viscous. These agents facilitate easier transportation through pipelines, improving efficiency and reducing operational costs. As unconventional oil extraction methods become more prevalent, the need for effective viscosity management solutions is anticipated to increase. The growth of shale oil and tar sands extraction also contributes to the rising demand for viscosity reducing agents in this application, highlighting their critical role in the energy sector.

Paints & Coatings:

In the paints and coatings industry, viscosity reducing agents are integral to achieving the desired consistency and application properties of products. These agents enhance flow and leveling characteristics, ensuring a smooth finish and improved coverage during application. As the demand for high-performance coatings continues to rise, particularly in the automotive and industrial sectors, the need for effective viscosity management becomes increasingly important. Moreover, the trend toward eco-friendly formulations is driving innovation in this space, as manufacturers seek to create sustainable products without compromising performance.

Pharmaceuticals:

Viscosity reducing agents are widely utilized in the pharmaceutical sector, where they play a crucial role in ensuring the stability and efficacy of various formulations. These agents help maintain the desired viscosity in liquid medications, which is vital for proper dosing and patient compliance. The increasing focus on advanced drug delivery systems is further driving the demand for viscosity reducing agents, as they are essential for optimizing the release profiles of active ingredients. Additionally, the trend toward personalized medicine and tailored formulations is likely to boost the consumption of these agents in the pharmaceutical industry.

Food & Beverages:

In the food and beverage industry, viscosity reducing agents are crucial for maintaining the texture and consistency of products. They are commonly used in sauces, dressings, and beverages to ensure uniformity and enhance mouthfeel. As consumer preferences shift toward clean-label products, the demand for natural and organic viscosity reducing agents is on the rise. Furthermore, the increasing emphasis on product quality and innovation in food formulations is expected to drive the growth of this segment, as manufacturers seek to meet consumer expectations.

Personal Care:

The personal care sector is another significant application area for viscosity reducing agents, where they are essential for formulating creams, lotions, and other cosmetic products. These agents help achieve the desired texture and viscosity, contributing to the overall quality and appeal of the product. As the demand for high-quality personal care products continues to grow, driven by changing consumer preferences and trends, the need for effective viscosity management solutions is expected to increase. Additionally, the rise in the use of natural ingredients in personal care formulations is encouraging innovation in the development of eco-friendly viscosity reducing agents.

By Distribution Channel

Direct Sales:

Direct sales play a vital role in the distribution of viscosity reducing agents, particularly for large-scale manufacturers who engage in direct transactions with major industries. This channel allows companies to maintain close relationships with their clients, ensuring tailored solutions and efficient service delivery. Direct sales also facilitate better pricing strategies and bulk purchasing options, which are essential for industries that require large quantities of viscosity reducing agents for their operations. As companies strive for cost-effectiveness and efficiency, the significance of this distribution channel continues to grow.

Distributor Sales:

Distributor sales are a key channel for the distribution of viscosity reducing agents, enabling manufacturers to reach a broader customer base across various industries. Distributors often have established networks and relationships within specific sectors, which can enhance market penetration for viscosity reducing agent manufacturers. This channel is particularly beneficial for smaller companies looking to access markets that may be challenging to penetrate independently. The flexibility and adaptability of distributor sales provide a significant advantage for companies aiming to scale their operations rapidly.

Online Retailers:

The rise of e-commerce has significantly influenced the distribution of viscosity reducing agents, with online retailers gaining prominence in recent years. This channel offers convenience and accessibility for customers, allowing them to compare products easily and make informed purchasing decisions. The growing trend of digitalization across various sectors is driving manufacturers to establish a robust online presence, ensuring their products are readily available to consumers. As the preference for online shopping continues to rise, this distribution channel is expected to play an increasingly important role in the market.

Specialty Stores:

Specialty stores provide a targeted distribution channel for viscosity reducing agents, catering specifically to niche markets such as personal care, food & beverages, and pharmaceuticals. These stores often offer a curated selection of products, allowing customers to access specialized viscosity reducing agents that may not be available through conventional retail outlets. The personalized service and expert advice offered by specialty stores can enhance customer satisfaction and loyalty, making this distribution channel a valuable avenue for both manufacturers and consumers.

Department Stores:

Department stores serve as a diverse distribution channel for viscosity reducing agents, particularly in the personal care and food segments. These stores often feature dedicated sections for beauty and wellness products, where viscosity reducing agents are used in various formulations. The convenience of one-stop shopping in department stores attracts customers seeking holistic solutions for their needs. Moreover, as department stores continue to expand their product offerings, the inclusion of viscosity reducing agents in their inventory provides an excellent opportunity for manufacturers to increase brand visibility and reach a wider audience.

By Ingredient Type

Xanthan Gum:

Xanthan gum is a widely used viscosity reducing agent known for its exceptional thickening and stabilizing properties. Derived from the fermentation of sugar by the bacteria Xanthomonas campestris, xanthan gum is utilized in various industries, including food, pharmaceuticals, and cosmetics. In food applications, it serves as a thickener, emulsifier, and stabilizer, helping to maintain consistency and texture. The increasing demand for natural and clean-label ingredients is driving the growth of xanthan gum, as consumers seek healthier alternatives in their food and personal care products. Furthermore, the versatility of xanthan gum across multiple applications makes it an essential ingredient in viscosity management solutions.

Guar Gum:

Guar gum is another significant viscosity reducing agent, known for its natural thickening properties. Extracted from the seeds of the guar plant, this ingredient is widely used in the food industry for its ability to improve texture and enhance product stability. Guar gum finds applications in a variety of food products, such as sauces, dairy items, and baked goods, where it helps maintain viscosity and prevent separation. The rising consumer preference for natural ingredients is fostering the growth of guar gum in food applications, alongside its expanding use in pharmaceuticals and personal care formulations. As manufacturers prioritize sustainability and clean-label products, guar gum is expected to witness increased demand in the coming years.

Cellulose:

Cellulose is a versatile ingredient used as a viscosity reducing agent in various industries, particularly in food and cosmetics. Derived from plant materials, cellulose imparts thickening and stabilizing properties to formulations, making it a valuable addition in food products such as sauces, dressings, and dairy items. In the cosmetics sector, cellulose is utilized to enhance the texture of creams and lotions, ensuring a desirable consistency that appeals to consumers. With the growing emphasis on natural and sustainable ingredients, the demand for cellulose as a viscosity reducing agent is anticipated to rise, contributing to its market growth.

PAM:

Polyacrylamide (PAM) is a synthetic polymer widely used as a viscosity reducing agent in various applications, particularly in oil & gas and wastewater treatment. PAM helps improve fluid flow characteristics, making it essential for enhancing oil recovery processes. Additionally, it assists in managing water viscosity in industrial applications, ensuring efficient operations. The increasing focus on optimizing resource extraction and environmental compliance is driving the demand for PAM, as manufacturers seek effective solutions for viscosity management. Furthermore, PAM's versatility across multiple applications contributes to its growth in the global market.

ASE:

Alkali-Soluble Emulsions (ASE) serve as effective viscosity reducing agents, particularly in the coatings and adhesives industries. These emulsions are designed to maintain stability and viscosity under varying conditions, making them essential for high-performance formulations. ASE is increasingly being utilized in water-based paints and coatings, where they provide excellent flow properties and ease of application. The growing demand for eco-friendly and sustainable products is promoting the adoption of ASE in formulations, as manufacturers prioritize environmental considerations alongside performance. As the coatings industry continues to evolve, the demand for ASE is expected to rise, further driving market growth.

By Region

The North American region is a significant market for viscosity reducing agents, driven by the robust oil and gas industry and the increasing demand for high-performance coatings. The region's focus on technological advancements and innovation in extraction techniques has stimulated the consumption of viscosity reducing agents, particularly in unconventional oil recovery processes. Furthermore, the growing emphasis on sustainable solutions and eco-friendly products is fostering the development of natural viscosity reducing agents in North America. The market in this region is expected to witness a CAGR of 5.5% during the forecast period, reflecting strong growth prospects.

In Europe, the viscosity reducing agent market is also experiencing substantial growth, primarily due to the rising demand in the food and beverage, pharmaceuticals, and personal care industries. The increasing focus on product quality and consistency is driving manufacturers to adopt effective viscosity management solutions. Additionally, the trend toward clean-label and natural ingredients is prompting the development of innovative viscosity reducing agents. The European market is expected to grow at a CAGR of 5.2% from 2025 to 2035, reflecting the region's commitment to sustainability and quality in product formulations.

Opportunities

The viscosity reducing agent market presents numerous opportunities for growth, particularly in the development of sustainable and eco-friendly products. As consumers become increasingly aware of the environmental impact of their purchases, the demand for natural and biodegradable viscosity reducing agents is on the rise. Companies that prioritize sustainability and invest in research and development to create innovative formulations will likely gain a competitive edge in the market. Moreover, the expansion of e-commerce platforms provides an excellent opportunity for manufacturers to reach a broader audience, enabling them to diversify their distribution channels and increase sales. Additionally, the growing trend of personalized products across various sectors presents an opportunity for manufacturers to tailor viscosity reducing agents to meet specific customer needs and preferences, thus enhancing customer satisfaction and brand loyalty.

Another promising opportunity lies in the increasing investments in research and development activities aimed at enhancing the performance and efficiency of viscosity reducing agents. As industries continue to evolve and require more sophisticated solutions for fluid management, the demand for advanced formulations will grow. This demand creates a favorable environment for manufacturers to innovate and refine their product offerings. Furthermore, as the global economy recovers and industries rebound from the impacts of the pandemic, the need for efficient viscosity management solutions will continue to rise, leading to increased consumption of viscosity reducing agents across various applications. Companies that can effectively capitalize on these trends will be well-positioned to achieve sustained growth in the market.

Threats

Despite the positive growth prospects, the viscosity reducing agent market faces several threats that could hinder its expansion. One of the primary concerns is the volatility of raw material prices, which can significantly impact production costs for viscosity reducing agents. Fluctuations in the prices of natural and synthetic ingredients can force manufacturers to adjust pricing strategies, potentially affecting profit margins and market competitiveness. Additionally, the increasing regulatory scrutiny regarding chemical additives and formulations may pose challenges for manufacturers, as compliance with stringent regulations can lead to increased costs and longer timeframes for product development. Manufacturers must navigate these complexities to maintain their market position and ensure compliance with evolving industry standards.

Furthermore, the rise of alternative technologies and solutions for viscosity management may threaten the traditional viscosity reducing agent market. As industries explore innovative methods for fluid management, the demand for conventional viscosity reducing agents may decline. Companies that do not adapt to these changes risk losing market share to more agile competitors that can offer advanced solutions. Additionally, the emergence of substitute products that can achieve similar effects without the need for viscosity reducing agents could disrupt the market. As such, manufacturers must remain vigilant and responsive to emerging trends to mitigate potential threats and safeguard their market position.

Competitor Outlook

• BASF SE
• Dow Inc.
• Evonik Industries AG
• Clariant AG
• Huntsman Corporation
• AkzoNobel N.V.
• Arkema S.A.
• Elementis plc
• Solvay S.A.
• Wacker Chemie AG
• FMC Corporation
• Ingredion Incorporated
• CP Kelco
• Givaudan SA
• Eastman Chemical Company

The competitive landscape of the viscosity reducing agent market is characterized by several established players and emerging companies striving to gain a foothold in the industry. Major companies like BASF SE and Dow Inc. dominate the market due to their extensive product portfolios and strong distribution networks. These companies invest significantly in research and development to innovate and enhance their offerings, allowing them to cater to diverse customer needs across various applications. Additionally, collaborations and partnerships with other firms in the industry are a common strategy employed by these companies to expand their market reach and leverage complementary strengths.

Evonik Industries AG and Clariant AG are also notable competitors, recognized for their commitment to sustainability and development of eco-friendly viscosity reducing agents. These companies have integrated sustainability into their business models, responding to the growing consumer demand for natural and biodegradable products. Their focus on innovation and sustainable practices positions them well to capitalize on the evolving market trends and consumer preferences. Furthermore, regional players are emerging as strong contenders in the viscosity reducing agent market, leveraging local knowledge and expertise to cater to specific market demands.

As the viscosity reducing agent market continues to evolve, companies must remain agile and responsive to emerging trends. Investing in advanced technologies, adopting sustainable practices, and fostering innovation will be crucial for maintaining a competitive edge. Firms like AkzoNobel N.V. and Arkema S.A. are notable for their strategic initiatives aimed at enhancing product performance and meeting customer requirements. These companies actively engage in research and development efforts to stay ahead of the competition and capitalize on growth opportunities in the 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 BASF SE
    • 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 CP Kelco
    • 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 Dow Inc.
    • 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 Arkema S.A.
    • 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 Clariant AG
    • 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 Givaudan SA
    • 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 Solvay S.A.
    • 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 Elementis plc
    • 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 AkzoNobel N.V.
    • 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 FMC Corporation
    • 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 Wacker Chemie AG
    • 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 Evonik Industries AG
    • 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 Huntsman Corporation
    • 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 Ingredion Incorporated
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Eastman Chemical Company
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Viscosity Reducing Agent Market, By Application
    • 6.1.1 Oil & Gas
    • 6.1.2 Paints & Coatings
    • 6.1.3 Pharmaceuticals
    • 6.1.4 Food & Beverages
    • 6.1.5 Personal Care
  • 6.2 Viscosity Reducing Agent Market, By Product Type
    • 6.2.1 Polymer Based
    • 6.2.2 Surfactant Based
    • 6.2.3 Solvent Based
    • 6.2.4 Enzyme Based
    • 6.2.5 Chemical Additive Based
  • 6.3 Viscosity Reducing Agent Market, By Ingredient Type
    • 6.3.1 Xanthan Gum
    • 6.3.2 Guar Gum
    • 6.3.3 Cellulose
    • 6.3.4 PAM
    • 6.3.5 ASE
  • 6.4 Viscosity Reducing Agent Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Distributor Sales
    • 6.4.3 Online Retailers
    • 6.4.4 Specialty Stores
    • 6.4.5 Department Stores

• 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 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Viscosity Reducing Agent Market by Region

• 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 Viscosity Reducing Agent market is categorized based on

By Product Type

• Polymer Based
• Surfactant Based
• Solvent Based
• Enzyme Based
• Chemical Additive Based

By Application

• Oil & Gas
• Paints & Coatings
• Pharmaceuticals
• Food & Beverages
• Personal Care

By Distribution Channel

• Direct Sales
• Distributor Sales
• Online Retailers
• Specialty Stores
• Department Stores

By Ingredient Type

• Xanthan Gum
• Guar Gum
• Cellulose
• PAM
• ASE

By Region

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

Key Players

• BASF SE
• Dow Inc.
• Evonik Industries AG
• Clariant AG
• Huntsman Corporation
• AkzoNobel N.V.
• Arkema S.A.
• Elementis plc
• Solvay S.A.
• Wacker Chemie AG
• FMC Corporation
• Ingredion Incorporated
• CP Kelco
• Givaudan SA
• Eastman Chemical Company