The report is titled as ‘Carboxymethyl Cellulose Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the carboxymethyl cellulose market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Carboxymethyl cellulose market is expected to grow with significant rate in the near future.
The global carboxymethyl cellulose market in 2020 is estimated for more than US$ 1.5 Bn and expected to reach a value of US$ 2.4 Bn by 2028 with a significant CAGR of 6.3%.
Carboxymethyl Cellulose Market Definition
Carboxymethyl cellulose, also known as CMC, cellulose gum, or tylose powder is the sodium salt of carboxymethyl cellulose; which is produced by the chemical synthesis of natural cellulose with chloroacetic acid. It is chemically inert and stable in nature.
In addition, it is an odorless and tasteless substance that is safe for human health and environment. Because of its highly viscous nature, carboxymethyl cellulose is widely used as a thickening agent or a gum in numerous industries and imparts smooth texture to the end-products.
Carboxymethyl Cellulose Market Dynamics
Increasing demand processed food products and growing adoption of Ready-To-Eat all the prime factors elevating the growth of carboxymethyl cellulose in the market. In addition, increasing applications of CMC in floatation processing in mining coupled with growing demand from end-use industries also propel the growth of this market. However, the availability of cheaper substitute in the prime factors hindering the growth of carboxymethyl cellulose market.
The carboxymethyl cellulose market is expected to increase at a significant CAGR over the forecast period owing to the factors like the increasing demand of energy drinks coupled with the growing consumption of bakery foods snacks and beverages like soya milk and fruit juices are responsible in boosting the growth of this market.
Moreover, the advancements in production technology and elevating count of oil drilling activities is also increasing the demand for CMC in the market.
Carboxymethyl Cellulose Market Key Players
Global carboxymethyl cellulose market is mainly dominated by AKZO Nobel N.V., Ashland Inc., CP Kelco U.S., Inc., Daicel Corporation, DKS Co. Ltd., Lamberti S.P.A, Nippon Paper Industries Co. Ltd., Química Amtex S.A. De C.V., The Dow Chemical Company and UGUR Seluloz Kimya A.S.
Carboxymethyl Cellulose Market Segmentation
The global carboxymethyl cellulose market is segmented on the basis of application and region.
On the basis of application, the global carboxymethyl cellulose market can be segmented into food & beverages, pharmaceutical & cosmetics, oil & gas, paper, detergents and others.
Carboxymethyl Cellulose Market Regional Analysis and Overview
On the basis of region, the global carboxymethyl cellulose market is segmented into six regions namely North America, Latin America, Asia Pacific, Europe, Middle East, and Africa. Asia Pacific carboxymethyl cellulose market is expected to be the most dominating market throughout the forecast period. Increasing application of carboxymethyl cellulose in pharmaceutical industry and cosmetics manufacturing industries is also boosting the growth of this market.
In addition, rising demand for personal care products from developing regions like India, China, Malaysia, etc., owing to the increasing per capita income of the consumers along with the changing lifestyle is also expected to boost the growth of this market in the upcoming years.
MMC Overview on Carboxymethyl Cellulose Market Report
The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give better opportunity for the customers to put their effort.
A research report on the Carboxymethyl Cellulose market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
• New product designs and launches
• Current product compliance
• Reimbursement
• Concerns for use of Carboxymethyl Cellulose
• Advantage of Carboxymethyl Cellulose over other modalities
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.
1. Global Carboxymethyl Cellulose Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Carboxymethyl Cellulose Market Overview
2.1. Introduction
2.1.1. Market Definition
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Carboxymethyl Cellulose Market Snapshot
2.4. Global Carboxymethyl Cellulose Market Size and Forecast, 2020-2028
2.4.1. Introduction
2.4.2. Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020-2028)
2.5. Global Carboxymethyl Cellulose Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Key Regulations
2.7. Porter’s Five Forces Model
3. Global Carboxymethyl Cellulose Market, By Application
3.1. Introduction
3.1.1. Annual Growth Rate Comparison, By Application
3.1.2. BPS Analysis, By Application
3.2. Market Revenue (US$Mn) and Volume (KT) Forecast, By Application
3.2.1. Food & Beverages
3.2.2. Pharmaceutical & Cosmetics
3.2.3. Oil & Gas
3.2.4. Paper
3.2.5. Detergents
3.2.6. Others
3.3. Global Carboxymethyl Cellulose Market Attractiveness Index, By Application
4. Global Carboxymethyl Cellulose Market, By Region
4.1. Introduction
4.1.1. Annual Growth Rate Comparison, By Region
4.1.2. BPS Analysis, By Region
4.2. Market Revenue (US$Mn) and Volume (KT) Forecast, By Region
4.2.1. North America
4.2.2. Latin America
4.2.3. Europe
4.2.4. Asia Pacific
4.2.5. Middle East
4.2.6. Africa
4.3. Global Carboxymethyl Cellulose Market Attractiveness Index, By Region
5. North America Carboxymethyl Cellulose Market Analysis and Forecast, 2020-2028
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By Country
5.1.2. BPS Analysis, By Country
5.2. Market Revenue (US$Mn) and Volume (KT) Forecast, By Country
5.2.1. U.S. Carboxymethyl Cellulose Market
5.2.2. Canada Carboxymethyl Cellulose Market
5.3. North America Carboxymethyl Cellulose Market, By Application
5.3.1. Food & Beverages
5.3.2. Pharmaceutical & Cosmetics
5.3.3. Oil & Gas
5.3.4. Paper
5.3.5. Detergents
5.3.6. Others
5.4. North America Carboxymethyl Cellulose Market Attractiveness Index
5.4.1. By Country
5.4.2. By Application
6. Latin America Carboxymethyl Cellulose Market Analysis and Forecast, 2020-2028
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By Country
6.1.2. BPS Analysis, By Country
6.2. Market Revenue (US$Mn) and Volume (KT) Forecast, By Country
6.2.1. Brazil Carboxymethyl Cellulose Market
6.2.2. Mexico Carboxymethyl Cellulose Market
6.2.3. Argentina Carboxymethyl Cellulose Market
6.2.4. Rest Of Latin America Carboxymethyl Cellulose Market
6.3. Latin America Carboxymethyl Cellulose Market, By Application
6.3.1. Food & Beverages
6.3.2. Pharmaceutical & Cosmetics
6.3.3. Oil & Gas
6.3.4. Paper
6.3.5. Detergents
6.3.6. Others
6.4. Latin America Carboxymethyl Cellulose Market Attractiveness Index
6.4.1. By Country
6.4.2. By Application
7. Europe Carboxymethyl Cellulose Market Analysis and Forecast, 2020-2028
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Country
7.1.2. BPS Analysis, By Country
7.2. Market Revenue (US$Mn) and Volume (KT) Forecast, By Country
7.2.1. U.K. Carboxymethyl Cellulose Market
7.2.2. Germany Carboxymethyl Cellulose Market
7.2.3. Italy Carboxymethyl Cellulose Market
7.2.4. France Carboxymethyl Cellulose Market
7.2.5. Spain Carboxymethyl Cellulose Market
7.2.6. Russia Carboxymethyl Cellulose Market
7.2.7. Poland Carboxymethyl Cellulose Market
7.2.8. BENELUX Carboxymethyl Cellulose Market
7.2.9. NORDIC Carboxymethyl Cellulose Market
7.2.10. Rest Of Europe Carboxymethyl Cellulose Market
7.3. Europe Carboxymethyl Cellulose Market, By Application
7.3.1. Food & Beverages
7.3.2. Pharmaceutical & Cosmetics
7.3.3. Oil & Gas
7.3.4. Paper
7.3.5. Detergents
7.3.6. Others
7.4. Europe Carboxymethyl Cellulose Market Attractiveness Index
7.4.1. By Country
7.4.2. By Application
8. Asia Pacific Carboxymethyl Cellulose Market Analysis and Forecast, 2020-2028
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Country
8.1.2. BPS Analysis, By Country
8.2. Market Revenue (US$Mn) and Volume (KT) Forecast, By Country
8.2.1. China Carboxymethyl Cellulose Market
8.2.2. India Carboxymethyl Cellulose Market
8.2.3. Japan Carboxymethyl Cellulose Market
8.2.4. Australia And New Zealand Carboxymethyl Cellulose Market
8.2.5. South Korea Carboxymethyl Cellulose Market
8.2.6. ASEAN Carboxymethyl Cellulose Market
8.2.7. Rest Of Asia Pacific Carboxymethyl Cellulose Market
8.3. Asia Pacific Carboxymethyl Cellulose Market, By Application
8.3.1. Food & Beverages
8.3.2. Pharmaceutical & Cosmetics
8.3.3. Oil & Gas
8.3.4. Paper
8.3.5. Detergents
8.3.6. Others
8.4. Asia Pacific Carboxymethyl Cellulose Market Attractiveness Index
8.4.1. By Country
8.4.2. By Application
9. Middle East Carboxymethyl Cellulose Market, By Region, 2020-2028
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market Revenue (US$Mn) and Volume (KT) Forecast, By Country
9.2.1. GCC Countries Carboxymethyl Cellulose Market
9.2.2. Israel Carboxymethyl Cellulose Market
9.2.3. Oman Carboxymethyl Cellulose Market
9.2.4. Rest Of Middle East Carboxymethyl Cellulose Market
9.3. Middle East Carboxymethyl Cellulose Market, By Application
9.3.1. Food & Beverages
9.3.2. Pharmaceutical & Cosmetics
9.3.3. Oil & Gas
9.3.4. Paper
9.3.5. Detergents
9.3.6. Others
9.4. Middle East Carboxymethyl Cellulose Market Attractiveness Index
9.4.1. By Country
9.4.2. By Application
10. Africa Carboxymethyl Cellulose Market, By Region, 2020-2028
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market Revenue (US$Mn) and Volume (KT) Forecast, By Country
10.2.1. South Africa Carboxymethyl Cellulose Market
10.2.2. Egypt Carboxymethyl Cellulose Market
10.2.3. North Africa Carboxymethyl Cellulose Market
10.2.4. Rest Of Africa Carboxymethyl Cellulose Market
10.3. Africa Carboxymethyl Cellulose Market, By Application
10.3.1. Food & Beverages
10.3.2. Pharmaceutical & Cosmetics
10.3.3. Oil & Gas
10.3.4. Paper
10.3.5. Detergents
10.3.6. Others
10.4. Africa Carboxymethyl Cellulose Market Attractiveness Index
10.4.1. By Country
10.4.2. By Application
11. Recommendation
11.1. Market Strategy
12. Competitive Landscape
12.1. Competition Dashboard
12.2. List and Company Overview of Global Key Players
12.3. Company Profiles
12.3.1. AKZO Nobel N.V.
12.3.1.1. Company Overview
12.3.1.2. Financial Overview
12.3.1.3. Product Portfolio
12.3.1.4. Key Developments
12.3.1.5. Business Strategies
12.3.2. Ashland Inc.
12.3.3. CP Kelco U.S., Inc.
12.3.4. Daicel Corporation
12.3.5. DKS Co. Ltd.
12.3.6. Lamberti S.P.A
12.3.7. Nippon Paper Industries Co. Ltd.
12.3.8. Química Amtex S.A. De C.V.
12.3.9. The DOW Chemical Company
12.3.10. UGUR Seluloz Kimya A.S.
13. Acronyms
Frequently Asked Questions
What is the projected market size & Compound Annual Growth Rate (CAGR) of the market?
The global carboxymethyl cellulose market in 2020 is estimated for more than US$ 1.5 Bn and expected to reach a value of US$ 2.4 Bn by 2028 with a significant CAGR of 6.3%.
What are the key factors driving the growth of market?
Increasing demand processed food products and growing adoption of Ready-To-Eat are the key factors driving the growth of market.
What segments are covered in market report?
The global carboxymethyl cellulose market is segmented on the basis of application and region.
What are the key participating players in the market?
Global carboxymethyl cellulose market is mainly dominated by AKZO Nobel N.V., Ashland Inc., CP Kelco U.S., Inc., Daicel Corporation, DKS Co. Ltd., Lamberti S.P.A, Nippon Paper Industries Co. Ltd., Química Amtex S.A. De C.V., The Dow Chemical Company and UGUR Seluloz Kimya A.S.
