Cellulose Ether Market Size, Share, Growth, Analysis, Key Players, Revenue, | Valuates Reports

Cellulose Ether Market Size

The global Cellulose Ether revenue was US$ 4865 million in 2022 and is forecast to a readjusted size of US$ 6292.9 million by 2029 with a CAGR of 3.7% during the forecast period (2023-2029).

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The main global Cellulose Ether players include Ashland, Dow, Shin-Etsu, CP Kelco, Akzo Nobel, etc. The top five Cellulose Ether players account for approximately 50% of the total market. China is the largest consumer market for Cellulose Ether, accounting for about 34%, followed by Europe and North America. In terms of type, CMC is the largest segment, with a share over 48%. And in terms of application, the largest application is Construction, followed by Foods & Beverages.

India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.

India is a market full of opportunities, and the demand for Cellulose Ether will continue to grow rapidly in the future.

By Type
• CMC
• MC/HPMC

By Application
• Building Materials
• Pharmaceutical
• Food Industry
• Daily Chemical
• Oil Drilling

Key Companies
Ashland, Dow, Shin-Etsu, CP Kelco, Akzo Nobel, Chongqing Lihong, Shanghai Ever Bright, Wealthy, Shandong Head, Quimica Amtex, Tianpu Chemicals, ShenGuang, Ruitai, Ugur Seluloz Kimya AS, Yingte, Weifang Lude Chemical, Shandong Guangda

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This release was published on openPR.