Press release
Global Carboxymethylcellulose (CMC) Market: Projected Growth Rate, Key Players and Trends
Carboxymethylcellulose (CMC) Market Size
What Is The Projected Market Size Of The Global Carboxymethylcellulose (CMC) Market And Its Growth Rate?
• The CMC market size is expected to grow from $1.75 billion in 2024 to $1.83 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 4.8%.
• The same market is projected to see robust growth over the next few years, reaching $2.29 billion in 2029, at a CAGR of 5.7%.
What Is Driving The Growth In The Carboxymethylcellulose (CMC) Market?
The growth of the global carboxymethylcellulose (CMC) market is primarily driven by an increase in pharmaceutical production. Pharmaceutical production involves the manufacture of medications, vaccines and other medical treatments. Carboxymethylcellulose enhances the viscosity and stabilizes emulsions in various pharmaceutical formulations. For instance, pharmaceutical production in the EU reportedly increased from €36 billion ($39.4 billion) in 2021 to €44 billion ($46.7 billion) in 2023. Consequently, the rise in pharmaceutical production is fueling the growth of the CMC market.
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Who Are the Key Players Driving Carboxymethylcellulose (CMC) Market Growth?
The major players contributing to the growth of the global CMC market include:
• Ashland Global Holding Inc.
• DKS Co. Ltd.
• Daicel Corporation
• Amtex Corp.
• Nippon Paper Industries Co. Ltd.
• And many others.
What Are The Key Trends In The Carboxymethylcellulose (CMC) Market?
Major trends shaping the CMC market include:
• Demand for natural and clean label ingredients
• Increasing focus on health and wellness products
• Rise of eco-friendly cosmetics and personal care
• Advancements in textile and paper industries
• Enhanced drilling fluids in oil and gas.
What Are The Segments Of The Global Carboxymethylcellulose (CMC) Market?
The global CMC market is segmented by:
• Grade: High Purity, Industrial, Technical
• Property: Thickening Agent, Stabilizer, Binder, Anti-Repository Agent, Lubricator, Emulsifier, Excipient
• Application: Food And Beverages, Oil And Gas, Cosmetics, Pharmaceuticals, Detergents, Paper Processing
Which Region Leads The Carboxymethylcellulose (CMC) Market?
Asia-Pacific was the largest region in the global carboxymethylcellulose (CMC) market in 2024. It is predicted to be the fastest-growing region in the global CMC market during the forecast period.
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What Is Covered In The Carboxymethylcellulose (CMC) Market Global Market Report?
- Market Size Analysis: Analyze the Carboxymethylcellulose (CMC) Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Carboxymethylcellulose (CMC) Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Carboxymethylcellulose (CMC) Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Carboxymethylcellulose (CMC) Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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