Press release
Carboxymethyl Cellulose Market Foreseen to Grow Exponentially by 2031
The growing uncertainty stemming from the COVID-19 crisis is affecting business activities in the carboxymethyl cellulose market. Nevertheless, coronavirus cases are dropping significantly across regions, except for the U.K. and Russia. Since India completed 1 billion vaccine doses, market stakeholders are keen on investments in this region. Manufacturers are focusing on mission-critical applications in the food & beverages (F&B), oilfield, and pharmaceutical industries to keep economies running.
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Companies in the carboxymethyl cellulose market are ensuring robust supply chains by maintaining sufficient inventory levels of raw materials. They are adopting contingency planning to efficiently-manage finances and taking advantage of government stimulus packages to stay financially afloat.
Characterization of CMC Products Essential Step for Determining Applications
Cosmetics, construction industry, and dental applications are triggering the demand for carboxymethyl cellulose (CMC). However, the application of CMC in these fields highly depends upon the purity, degree of polymerization (DP), and degree of substitution (DS), which govern the performance of the resulting products. Therefore, the characterization of a CMC product is an essential step for determining its further applications and marketization in different areas.
Characterization techniques such as thermo-gravimetric analysis (TGA) and fourier transformation infrared ray (FTIR) spectroscopy help to determine, which CMC product is suitable for a given application. Abundance of raw materials and low cost synthesis of CMC is translating into revenue opportunities for manufacturers. Paper, textile, and biomedical engineering applications are contributing for market expansion.
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Carboxymethyl Cellulose Market: Competition Landscape
• Detailed profiles of providers of carboxymethyl cellulose have been included in the report to evaluate their financials, key product offerings, and strategies
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• Key players operating in the global carboxymethyl cellulose market are
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o Nouryon Chemicals Holding B.V.
o DuPont de Nemours, Inc.
o CP Kelco
o Ashland Inc.
o Jining Fortune Biotech Co., Ltd.
o Nippon Paper Industries Co., Ltd.
o Daicel Corporation
o Dai-Ichi Kogyo Seiyaku Co.,Ltd
o Quimica Amtex S.A De C.V.
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Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
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