Press release
2025 Carboxymethylcellulose (CMC) Industry Trends Report: Long-Term Outlook Through 2034
Carboxymethylcellulose (CMC)
How Large Will the Carboxymethylcellulose (CMC) Market Size By 2025?
In recent times, there has been consistent growth in the size of the carboxymethylcellulose (CMC) market. The market, which was valued at $1.75 billion in 2024, is expected to increase to $1.83 billion in 2025, representing a compound annual growth rate (CAGR) of 4.8%. This growth during the historical period is attributable to the advent of biomedical applications, increasing demand within the food and beverage industry, development within the pharmaceutical industry, the broadening scope of the cosmetics and personal care industry, and expansion in the textile and paper sectors.
How Big Is the Carboxymethylcellulose (CMC) Market Size Expected to Grow by 2029?
The carboxymethylcellulose (CMC) market is projected to experience robust expansion in the forthcoming years, with an estimated worth of "$2.29 billion in 2029, growing at a compound annual growth rate (CAGR) of 5.7%. This growth anticipated over the predicted period can be linked to multiple factors such as the need for water treatment solutions, innovation in the printing field, an increase in adhesive mixtures, construction material necessities and demands from the oil and gas sectors. The key trends expected over this timeframe include a surge in demand for natural and clean label components, a shift towards health and wellness products, environmentally friendly beauty and personal care products, progress in the textile and paper industries, and the usage of improved drilling fluids in the oil and gas sector.
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Which Key Market Drivers Powering Carboxymethylcellulose (CMC) Market Expansion and Growth?
The growth of the carboxymethylcellulose (CMC) market is expected to be fueled by an increase in the production of pharmaceuticals. The term "pharmaceutical production" refers to the creation of a variety of pharmaceutical products, which can range from medicines and vaccines to other medical treatments. In the context of pharmaceutical formulations, whether oral, injectable, ophthalmic, or topical, carboxymethylcellulose is essential due to its ability to increase viscosity and stabilize emulsions. For instance, significant growth was observed in the pharmaceutical industry in the EU as per Eurostat, a Belgium-based governing agency, stating that the pharmaceutical production rose from €36 billion ($39.4 billion) in 2021 to about €44 billion ($46.7 billion) in 2023. Hence, the growth of the carboxymethylcellulose (CMC) market is directly driven by the increase in pharmaceutical production.
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Which Fast-Growing Trends Are Poised to Disrupt the Carboxymethylcellulose (CMC) Market?
Major businesses in the carboxymethylcellulose market are proactively aiming for business growth, encompassing the formation of new firms to increase production capacity and satisfy the burgeoning demand from diverse sectors. Setting up new firms pertains to the initiation and registration of a business entity, outlining its framework, objective, and operations. For example, Nippon Paper Industries Co., Ltd., a manufacturing company based in Japan, declared the initiation of a manufacturing and sales subsidiary in Hungary for CMC named SUNROSE MAC in February 2023. The company's SUNROSE MAC brand CMC plays the role of a powerful additive in the coating process for lithium-ion battery (LiB) anodes (graphite), and its demand has skyrocketed in recent years. SUNROSE MAC assists in generating a consistent coating surface, improving the safety performance of LiBs. This attribute is particularly valued by manufacturers of LiBs for electric vehicles (EVs), consumer electronics like smartphones and PCs, and renewable energy storage solutions.
What Are the Emerging Segments in the Carboxymethylcellulose (CMC) Market?
The carboxymethylcellulose (CMC) market covered in this report is segmented -
1) By Grade: High Purity, Industrial, Technical
2) By Property: Thickening Agent, Stabilizer, Binder, Anti-Repository Agent, Lubricator, Emulsifier, Excipient
3) By Application: Food And Beverages, Oil And Gas, Cosmetics, Pharmaceuticals, Detergents, Paper Processing
Subsegments:
1) By High Purity CMC: Pharmaceutical Grade CMC, Food Grade CMC, Cosmetic Grade CMC
2) By Industrial CMC: Oil And Gas Grade CMC, Paper And Pulp Grade CMC, Textile Grade CMC
3) By Technical CMC: Laboratory Grade CMC, Research And Development Grade CMC
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Who Are the Global Leaders in the Carboxymethylcellulose (CMC) Market?
Major companies operating in the carboxymethylcellulose (CMC) market include Ashland Global Holding Inc., DKS Co. Ltd., Daicel Corporation, Amtex Corp., Nippon Paper Industries Co. Ltd., Akzo Nobel NV, CP Kelco US Inc., The Dow Chemical Company, Lamberti SPA, Mikro-Technik GmbH & Co. KG, Zibo Hailan Chemical Co. Ltd., Chongqing Lihong Fine Chemicals Co. Ltd., Ugur Seluloz Kimya AS, Amar Cellulose Industries, Foodchem International Corporation, Jining Fortune Biotech Co.Ltd., Anqiu Eagle Cellulose Co. Ltd., Wealthy Chemical Industry Co. Ltd., Shanghai Shenguang Edible Chemicals Co. Ltd., Xuzhou Liyuan Cellulose Technology Co. Ltd., Changzhou Science & Technology Co., J.M. Huber Corporation, Quimica Amtex y Amtex Chemicals LLC, Formitex Empreendimentos e Participacoes Ltda, Carlyle Investment Management LLC, Shandong Head Co. Ltd., Lucid Colloids Ltd., Ningbo Rongcheng Chemical Co. Ltd., DuPont Inc., Nouryon Chemicals Co. Ltd.
Which are the Top Profitable Regional Markets for the Carboxymethylcellulose (CMC) Industry?
Asia-Pacific was the largest region in the carboxymethylcellulose (CMC) market in 2024 and is expected to be the fastest-growing region in the global carboxymethylcellulose (CMC) market report during the forecast period. The regions covered in the carboxymethylcellulose (CMC) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Latest Update "Global Carboxymethylcellulose (CMC) Market Insights,Forecast to 2025" with Industries Survey | Global Current Growth and Future.
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