Guar International 2015.
17th & 18th November, 2015
(Tuesday and Wednesday)
Hotel Clarks Amer, Jaipur.
Comprehensive Guar Trade Review, Market Forecast and Roadmap for the Future
From obscurity of many decades to incredible popularity in three short years, the humble guar crop has come a long way indeed. Grown mainly in India (80% of world production), Pakistan, Sudan and parts of USA, this crop has attracted tremendous international attention for the versatile gum that’s derived from it. The gum has multifarious uses in the food industry where it is used as a thickening and binding agent. Not just food, but pharmaceutical, paper, textile and personal care industries are also increasingly using guar gum. These industries are growing across the world. However, the biggest game changer is recent increase in the use of guar gum in oil drilling, a multi-billion dollar industry. It is used as a gelling agent in hydraulic fracturing of oil and gas wells to Increase viscosity of the drilling fluids so that they can easily carry proppants into the fractures. High and rising crude prices as well as uncertainties in supplies because of geopolitical instabilities have encouraged massive investment in oil drilling including shale oil and gas exploration.