Guar Gums becoming the bare essential for petrochemical industries worldwide

Guar Gums industry is largely produced in India, amounting to 80% of the total worldwide production. Haryana and Rajasthan are the states that aggressively cultivate the guar beansthen the dried beans are ground to produce the guar gums. The adhesiveness, thickening, emulsifying and binding properties they are heavily in demand in the naturalgas and oil extraction industry.

The exchange data from the Forward Market Commissions quotes that price for per quintal guar gums are fluctuating in the export market, from 92,090 to 71,970. Drugs, host of foods, fire retardant, explosives and paper as well as cosmetics industry benefits from the guar gum, in manufacturing various products.

In hydraulic fracturing consisting of water, sand and chemicals is important in the hydrocarbons from shale, in the oil and gas industry. The petrochemical industry is capitalizing on the effectiveness of these guar gums, as they have the high fracking properties, perfectly suitable for the industry.

The cost of guar gums has shot up around 800% since January 2011, as the petrochemical industry discovered its utility in oil extraction. Around 3 billion pounds of guar gum seeds were consumed in the year 2011, by the oil industry alone. The fracturing costs get a 5.5% contribution from guar gums, hence you could easily realise the effect it has on the market and the gas and oil retrieving sector.
It acts as the best and most cost effective agent for thickening and as it is natural, it has less adverse effects on the environment.