Press release
Carboxymethyl cellulose market Trend 2018 Top Players are AkzoNobel, J.M. Huber Corporation, Ashland, Lamberti S.p.A., Dai-Ichi Kogyo Seiyaku Co. Ltd., The Dow Chemical Company
Carboxymethyl Cellulose (CMC) Market
Carboxymethyl Cellulose Market Size will surpass USD 1.7 billion by 2024; according to a new research report by Global Market Insights, Inc.
Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/2479
Personal care segment is expected to have growth exceeding CAGR 3% in the overall CMC market by 2024. Product utility in this segment has been in the: skin care products including: cosmetics, sunscreens, body lotions, etc.; hair care products such as: shampoos, gels, hair conditioners, etc.; oral care products including: denture adhesives, toothpastes, etc. Another trend in personal care sector has been the cellulose gum based superabsorbent polymers (SAP) for their usage in diapers and other fluid-absorbing products in the recent years. Carboxymethyl cellulose market has been grabbing attention in scientific and agriculture fields, for its biodegradable features and high swelling capacity.
CMC having purity (active ingredient) above 95% held the highest share exceeding 40% in 2016 and will follow the similar trend by 2024. The carboxymethyl cellulose market growth will be ascribed to the high demand for cellulose gum with purity more than 99.5% from food & beverage and pharmaceuticals applications.
- Carboxymethyl Cellulose Market, Purity By End-user
More than 95%
• Food & beverage
• Pharmaceuticals
• Personal care
• Oil & gas
• Pulp & paper
• Detergents & laundry
• Others
80% - 95%
• Oil & gas
• Pulp & paper
• Detergents & laundry
• Others
Less than 80%
• Oil & gas
• Pulp & paper
• Detergents & laundry
• Others
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Carboxymethyl cellulose market (cellulose gum industry) growth will be driven by the escalating demand trends from the food & beverage segment. The product will have robust demand in the processed food formulations for various roles as: adhesion agent, thickening agent and stabilizer, emulsifier, bulking agent, firming agent, gelling & glazing agent, humectant, etc. WHO estimated that 39% of people aged 18 and above were overweight in 2016 and 13% were obese. In the same year, about 41 million children under the age of 5 were identified to be overweight or obese. Rising desire for food products with natural ingredients along with the increasing obesity levels have been boosting fat replacers demand in the recent years, which in turn propel CMC market size by 2024.
Rising demand for crude oil and natural gas has been encouraging exploration companies to engage in extensive drilling activities. Carboxymethyl cellulose used in drilling mud balances various physical parameters such as adjustment of viscosities, reduction of loss of water and increase of thixotropy. Cellulose gum market will feature robust demand from oil & gas applications over the forecast timeframe.
- Carboxymethyl Cellulose (CMC) Market By End-user
• Food & beverage
• Pharmaceuticals
• Personal care
• Oil & gas
• Pulp & paper
• Detergents & laundry
• Others
Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/carboxymethyl-cellulose-cmc-market
Following Asia Pacific, Europe was the second-largest region for carboxymethyl cellulose market in 2016. Product demand for was led by personal care and food & beverages industries. Product demand was dominated by countries such as Germany, France and the U.K. due to high demand from personal care and food and beverages industries.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
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• Maoyuan
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