Cellulosic Thickeners Market Sizing with Competitive Landscape by 2024
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The cellulose thickeners are used in various application such as pharmaceuticals, as a lubricant in eye drops and in oil & gas industry as an ingredient of drilling mud. Cellulosic thickeners, in the form of HPMC, MC, HEMC, is an odorless and tasteless white powder and also used as cellulose, Which can be obtained from wood or cotton in a water insoluble natural polymer. Cellulose after adding in specific material, enhances the properties of that material. Now a days cellulose thickeners are widely used in surgical and dental implants. Cellulose films are used as temporary substitute for human skin in case of burns, ulcers, and decubitus. Other new applications of cellulose thickeners are to maintain tackiness in food, cosmetics, etc., as a nonwoven fabric or paper for old document repair, as food additives and others. The growing demand of cellulosic thickener in such wide range of applications are fueling the growth of cellulosic thickener. Development of new derivatives and new applications of cellulose is expected to create raw material scarcity for the production of cellulosic thickeners. This scarcity of raw materials may hamper the market growth. Development of new applications in pharmaceutical and medicine field is expected to provide opportunities for the players in cellulose thickeners market.
The global cellulosic thickeners market can be segmented on the basis of thickeners agent type, application and region basis. On the basis of thickeners agent types, the cellulosic thickener can be segmented by sodium carboxymethyl cellulose, methyl cellulose, hydroxyethyl cellulose, microcrystalline cellulose, and other cellulosic thickeners. on the basis of application cellulosic thickener can be further segmented into cosmetic & personal care, toiletries & household, paints & coatings, paper & paperboard, food & beverage, pharmaceutical & others(ceramic, construction, adhesive). On the basis of region, cellulosic thickeners can be segmented, North America, Latin America, Europe, Asia pacific and the Middle East & Africa.
The cellulosic thickeners are segmented among five regions Europe, North America, Asia pacific, Latin America and Middle East & Africa. North America and Europe are mature markets consequently innovation in the product line is expected to be the key strategy for the market players in this region. Asia pacific is the largest shareholder of global cellulosic thickeners market due to increasing rate of industrialization in this region. The increasing application of cellulose thickener in cosmetic industries as well as other industry is driving the market of cellulosic thickeners market worldwide. Cellulosic thickeners are expected moderate growth in region such as Middle East & Africa Market. Countries like China and India are emerging market for the cellulosic thickeners due to increasing manufacturing unit.
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The global key vendors of cellulosic thickeners are Dow Chemical Company, DuPont (EI) de Nemours, Cabot Corporation, Croda International plc, FMC Corporation, Imperial Chemical Industries, International Paper Company, Kraft Foods Incorporated, Rhodia SA, TIC Gums Incorporated, Goodman Fielder Limited, Georgia-Pacific Corporation, Eastman Chemical Company, Ciba Specialty Chemicals Incorporated.
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