The global demand for Carboxymethyl Cellulose Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2019 and foreseen to touch XX Kilo Tons by 2026 with a CAGR of XX% during 2020-2026.
Carboxymethyl cellulose (CMC), often referred to as cellulose gum, is a water-soluble cellulose derivative. CMC, deemed a safe food additive, is commonly used as a stabilizing and thickening agent. It is extensively used in gluten-free and reduced-fat food products. It is sought after as a suspending agent in pharmaceuticals and cosmetics. CMC is used in ice packs to form a eutectic mixture and in the ice cream industry. Its rheological property makes it suitable for industrial applications, such as paper surface treatment, mining, fabric care, textiles, ceramics, oil, and gas drilling. Its use as a laxative for humans and animals and as a lubricant in artificial tears is widely acknowledged.
The growth of the key application sectors of this multifunctional cellulose derivative is the primary stimulant anticipated to push the growth of this market in the coming years. The expanding processed food industry, production of specialty drugs in pharmaceuticals, customer-friendly cosmetics, and the growing oil drilling activities will benefit this market's growth. CMC, widely used as a stabilizer, binder, and dispersant in various applications such as detergents, paper processing, and others, will boost the market growth. Robust per capita consumption of paper and increased adoption of paper recycling and reuse will be a market booster. The vital barriers to the development of this market are CMC's adverse effects on humans' inflammation and the availability of substitutes.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of carboxymethyl cellulose.
The entire Carboxymethyl Cellulose market has been sub-categorized into application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Above 99.5 %
- Oil & Gas
- Food & Beverages
- Pharmaceutical & Cosmetics
This section covers regional segmentation which accentuates on current and future demand for carboxymethyl cellulose market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Carboxymethyl Cellulose Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the carboxymethylcellulose (cmc) market include DowDuPont, DKS, Nippon Paper Industry, Daicel Corporation, Ashland, Lamberti, Akzo Nobel N.V., CP Kelco, Sichem LLC, Penn Carbose Inc.
Sinochem Co. Ltd. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.