Cellulose Derivative Market to Witness Steady Growth During the Forecast Period 2016-2026
Global Cellulose Derivative Market: Drivers and Restraints
The global cellulose derivative market is primarily driven by the increasing demand from pharmaceutical, personal care, and cosmetic industries. Cellulose derivatives offer wide properties such as stabilization, emulsification, reversible thermal gelation etc. These properties are enormously required in the food industry and increasing demand for these functional additive properties propels the global cellulose derivatives market.
However, the stringent regulations for cellulose derivative might impact the growth of cellulose derivative market.
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Global Cellulose Derivative Market: Segmentation
On the basis of cellulose derivative type, cellulose derivative market is segmented into:-
Methyl cellulose derivative
Carboxymethyl cellulose derivative
Hydroxyethyl cellulose derivatives
Ethyl cellulose derivatives
On the basis of cellulose derivatives grades, cellulose derivative market is segmented into:-
On the basis of end use, cellulose derivative market is segmented into:-
Global Cellulose derivative Market: Region wise Outlook
The global cellulose derivative market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA). APEJ holds the major share in the global cellulose derivative market due increasing consumption in various application such as food industry, construction and pharmaceutical industries. Followed by APEJ is North America and Europe and are expected to grow relatively at a higher CAGR during the forecast period. The global cellulose derivative market is anticipated to expand at a double digit CAGR growth due to expansion of end use industries during the forecast period.
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Global Cellulose Derivative Market: Key Players
Some of the key players identified in the global cellulose derivative market includes:
Shin-Etsu Chemical Co., Ltd
LOTTE Fine Chemical
Samsung Fine Chemicals
Akzo Nobel N.V. (Performance additives)
SE Tylose GmbH & Co. KG
Shandong Head Europe BV
Sichuan Nitrocell Co Ltd
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