
Carboxymethyl Cellulose Market
Description
Carboxymethyl Cellulose Market
Growth Factors of Carboxymethyl Cellulose Market
The carboxymethyl cellulose market size was valued at USD 1.84 billion in 2023, and the market is now projected to grow from USD 1.91 billion in 2024 to USD 2.64 billion by 2032, exhibiting a CAGR of 4.2 % during the forecast period of 2024-2032.
The COVID-19 pandemic had severe adverse effects on the worldwide economy. The food supply chain is considered one of the key segments of the economy, and it has been witnessed that the pandemic has an impression on the entire process of the field to customers. The food segment's making, delivery, and supply have been strictly interrupted, which is now a significant concern. Movement limitation of the employees, government norms, controlled food trade happenings, variation in consumer demand, and the economic pressure due to transitory halt in making and supply events affected the market.
Carboxymethyl cellulose is projected to experience major growth ascribed to the strong demand from the food sector. Growing demand for food additives like thickening agents, stabilizers, and viscosity varying agents is one of the chief factors motivating the market. Growing awareness among customers about the probable adverse effects of gluten and fat consumption is motivating the demand for gluten and fat-free food products. This factor is driving the carboxymethyl cellulose market growth.
Carboxymethyl cellulose is a sodium salt resultant from cellulose. Recognized to its condensing and calming properties, it is extremely engaged in gluten-free baking. Sodium-CMC is used to develop the rheological belongings of gluten-free dough. It develops the water absorption, growth time, and steadiness of dough stability. CMC delivers dough with the thickness and volume to form a good bread formerly provided by gluten. Furthermore, gluten-free selections are considered improved food choices that can benefit in weight loss.
Comprehensive Analysis of Carboxymethyl Cellulose Market
The market can be segmented in various ways, depending on the focus of analysis such as by application. Based on application, the market is fragmented into food & beverages, oilfield, paper & pulp, detergents, coatings, and others.
North America region is dominating the carboxymethyl cellulose market share due to occurrence of a huge manufacturing base for oil drilling fluids ascribed to huge oil reserves. Also, growing consciousness among customers regarding the fitness benefits of gluten-free products is encouraging the demand for food-grade CMC.
The key players are enthusiastically contributing in planned events that are targeted at maintaining durable market position and growing market share by merger, partnerships and others. These players include CP Kelco U.S., Inc (U.S.), Nippon Paper Industries Co. Ltd (Japan), Ashland Inc. (U.S.), Dow Chemical Company (U.S.), Lamberti S.P.A (Italy), DKS Co. Ltd (Japan), Química Amtex S.A. (Colombia), Nouryon (Netherlands) these market players spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market.
In June 2020, Nouryon accomplished the achievement of CMC business with J.M Huber Corporation, further quickening viable growth in the regional market.
Segmentation Table
TRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 4.2% from 2024 to 2032
Unit Value (USD Billion) and Volume (Kiloton)
Segmentation By Application
- Food & Beverages
- Oilfield
- Paper & Pulp
- Detergent
- Coatings
- Others
- North America (By Type, By Application, By Country)
- U.S. (By Application)
- Canada (By Application)
- Europe (By Type, By Application, By Country)
- Germany (By Application)
- U.K. (By Application)
- France (By Application)
- Italy (By Application)
- Rest of Europe (By Application)
- Asia Pacific (By Type, By Application, By Country)
- China (By Application)
- Japan (By Application)
- India (By Application)
- ASEAN (By Application)
- Rest of Asia Pacific (By Application)
- Latin America (By Type, By Application, By Country)
- Brazil (By Application)
- Mexico (By Application)
- Rest of Latin America (By Application)
- Middle East & Africa (By Type, By Application, By Country)
- GCC (By Application)
- South Africa (By Application)
- Rest of the Middle East & Africa (By Application)
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Table of Contents
140 Pages
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 3.4. Emerging Trends
- 4. Key Insights
- 4.1. Key Emerging Trends – For Major Regions
- 4.2. Industry SWOT Analysis
- 4.3. Regulatory Analysis
- 4.4. Recent Industry Developments - Policies, Partnerships, New Type Launches, and Mergers & Acquisitions
- 4.5. Impact of COVID-19 on Global Carboxymethyl Cellulose (CMC) Market
- 5. Global Carboxymethyl Cellulose (CMC) Market Analysis, Insights and Forecast, 2019-2032
- 5.1. Key Findings / Summary
- 5.2. By Application (Volume/Revenue)
- 5.2.1. Food & Beverages
- 5.2.2. Oilfield
- 5.2.3. Paper & Pulp
- 5.2.4. Detergents
- 5.2.5. Coatings
- 5.2.6. Others
- 5.3. By Region (Volume/Revenue)
- 5.3.1. North America
- 5.3.2. Europe
- 5.3.3. Asia Pacific
- 5.3.4. Latin America
- 5.3.5. Middle East & Africa
- 6. North America Carboxymethyl Cellulose (CMC) Market Analysis, Insights and Forecast, 2019-2032
- 6.1. Key Findings / Summary
- 6.2. By Application (Volume/Revenue)
- 6.2.1. Food & Beverages
- 6.2.2. Oilfield
- 6.2.3. Paper & Pulp
- 6.2.4. Detergents
- 6.2.5. Coatings
- 6.2.6. Others
- 6.3. By Country (Volume/Revenue)
- 6.3.1. U.S.
- 6.3.1.1. By Application (Volume/Revenue)
- 6.3.1.1.1. Food & Beverages
- 6.3.1.1.2. Oilfield
- 6.3.1.1.3. Paper & Pulp
- 6.3.1.1.4. Detergents
- 6.3.1.1.5. Coatings
- 6.3.1.1.6. Others
- 6.3.2. Canada
- 6.3.2.1. By Application (Volume/Revenue)
- 6.3.2.1.1. Food & Beverages
- 6.3.2.1.2. Oilfield
- 6.3.2.1.3. Paper & Pulp
- 6.3.2.1.4. Detergents
- 6.3.2.1.5. Coatings
- 6.3.2.1.6. Others
- 7. Europe Carboxymethyl Cellulose (CMC) Market Analysis, Insights and Forecast, 2019-2032
- 7.1. Key Findings / Summary
- 7.2. By Application (Volume/Revenue)
- 7.2.1. Food & Beverages
- 7.2.2. Oilfield
- 7.2.3. Paper & Pulp
- 7.2.4. Detergents
- 7.2.5. Coatings
- 7.2.6. Others
- 7.3. By Country (Volume/Revenue)
- 7.3.1. Germany
- 7.3.1.1. By Application (Volume/Revenue)
- 7.3.1.1.1. Food & Beverages
- 7.3.1.1.2. Oilfield
- 7.3.1.1.3. Paper & Pulp
- 7.3.1.1.4. Detergents
- 7.3.1.1.5. Coatings
- 7.3.1.1.6. Others
- 7.3.2. U.K.
- 7.3.2.1. By Application (Volume/Revenue)
- 7.3.2.1.1. Food & Beverages
- 7.3.2.1.2. Oilfield
- 7.3.2.1.3. Paper & Pulp
- 7.3.2.1.4. Detergents
- 7.3.2.1.5. Coatings
- 7.3.2.1.6. Others
- 7.3.3. France
- 7.3.3.1. By Application (Volume/Revenue)
- 7.3.3.1.1. Food & Beverages
- 7.3.3.1.2. Oilfield
- 7.3.3.1.3. Paper & Pulp
- 7.3.3.1.4. Detergents
- 7.3.3.1.5. Coatings
- 7.3.3.1.6. Others
- 7.3.4. Italy
- 7.3.4.1. By Application (Volume/Revenue)
- 7.3.4.1.1. Food & Beverages
- 7.3.4.1.2. Oilfield
- 7.3.4.1.3. Paper & Pulp
- 7.3.4.1.4. Detergents
- 7.3.4.1.5. Coatings
- 7.3.4.1.6. Others
- 7.3.5. Rest of Europe
- 7.3.5.1. By Application (Volume/Revenue)
- 7.3.5.1.1. Food & Beverages
- 7.3.5.1.2. Oilfield
- 7.3.5.1.3. Paper & Pulp
- 7.3.5.1.4. Detergents
- 7.3.5.1.5. Coatings
- 7.3.5.1.6. Others
- 8. Asia-Pacific Carboxymethyl Cellulose (CMC) Market Analysis, Insights and Forecast, 2019-2032
- 8.1. Key Findings / Summary
- 8.2. By Application (Volume/Revenue)
- 8.2.1. Food & Beverages
- 8.2.2. Oilfield
- 8.2.3. Paper & Pulp
- 8.2.4. Detergents
- 8.2.5. Coatings
- 8.2.6. Others
- 8.3. By Country (Volume/Revenue)
- 8.3.1. China
- 8.3.1.1. By Application (Volume/Revenue)
- 8.3.1.1.1. Food & Beverages
- 8.3.1.1.2. Oilfield
- 8.3.1.1.3. Paper & Pulp
- 8.3.1.1.4. Detergents
- 8.3.1.1.5. Coatings
- 8.3.1.1.6. Others
- 8.3.2. Japan
- 8.3.2.1. By Application (Volume/Revenue)
- 8.3.2.1.1. Food & Beverages
- 8.3.2.1.2. Oilfield
- 8.3.2.1.3. Paper & Pulp
- 8.3.2.1.4. Detergents
- 8.3.2.1.5. Coatings
- 8.3.2.1.6. Others
- 8.3.3. India
- 8.3.3.1. By Application (Volume/Revenue)
- 8.3.3.1.1. Food & Beverages
- 8.3.3.1.2. Oilfield
- 8.3.3.1.3. Paper & Pulp
- 8.3.3.1.4. Detergents
- 8.3.3.1.5. Coatings
- 8.3.3.1.6. Others
- 8.3.4. ASEAN
- 8.3.4.1. By Application (Volume/Revenue)
- 8.3.4.1.1. Food & Beverages
- 8.3.4.1.2. Oilfield
- 8.3.4.1.3. Paper & Pulp
- 8.3.4.1.4. Detergents
- 8.3.4.1.5. Coatings
- 8.3.4.1.6. Others
- 8.3.5. Rest of Asia Pacific
- 8.3.5.1. By Application (Volume/Revenue)
- 8.3.5.1.1. Food & Beverages
- 8.3.5.1.2. Oilfield
- 8.3.5.1.3. Paper & Pulp
- 8.3.5.1.4. Detergents
- 8.3.5.1.5. Coatings
- 8.3.5.1.6. Others
- 9. Latin America Carboxymethyl Cellulose (CMC) Market Analysis, Insights and Forecast, 2019-2032
- 9.1. Key Findings / Summary
- 9.2. By Application (Volume/Revenue)
- 9.2.1. Food & Beverages
- 9.2.2. Oilfield
- 9.2.3. Paper & Pulp
- 9.2.4. Detergents
- 9.2.5. Coatings
- 9.2.6. Others
- 9.3. By Country (Volume/Revenue)
- 9.3.1. Brazil
- 9.3.1.1. By Application (Volume/Revenue)
- 9.3.1.1.1. Food & Beverages
- 9.3.1.1.2. Oilfield
- 9.3.1.1.3. Paper & Pulp
- 9.3.1.1.4. Detergents
- 9.3.1.1.5. Coatings
- 9.3.1.1.6. Others
- 9.3.2. Mexico
- 9.3.2.1. By Application (Volume/Revenue)
- 9.3.2.1.1. Food & Beverages
- 9.3.2.1.2. Oilfield
- 9.3.2.1.3. Paper & Pulp
- 9.3.2.1.4. Detergents
- 9.3.2.1.5. Coatings
- 9.3.2.1.6. Others
- 9.3.3. Rest of Latin America
- 9.3.3.1. By Application (Volume/Revenue)
- 9.3.3.1.1. Food & Beverages
- 9.3.3.1.2. Oilfield
- 9.3.3.1.3. Paper & Pulp
- 9.3.3.1.4. Detergents
- 9.3.3.1.5. Coatings
- 9.3.3.1.6. Others
- 10. Middle East & Africa Carboxymethyl Cellulose (CMC) Market Analysis, Insights and Forecast, 2019-2032
- 10.1. Key Findings / Summary
- 10.2. By Application (Volume/Revenue)
- 10.2.1. Food & Beverages
- 10.2.2. Oilfield
- 10.2.3. Paper & Pulp
- 10.2.4. Detergents
- 10.2.5. Coatings
- 10.2.6. Others
- 10.3. By Country (Volume/Revenue)
- 10.3.1. GCC
- 10.3.1.1. By Application (Volume/Revenue)
- 10.3.1.1.1. Food & Beverages
- 10.3.1.1.2. Oilfield
- 10.3.1.1.3. Paper & Pulp
- 10.3.1.1.4. Detergents
- 10.3.1.1.5. Coatings
- 10.3.1.1.6. Others
- 10.3.2. South Africa
- 10.3.2.1. By Application (Volume/Revenue)
- 10.3.2.1.1. Food & Beverages
- 10.3.2.1.2. Oilfield
- 10.3.2.1.3. Paper & Pulp
- 10.3.2.1.4. Detergents
- 10.3.2.1.5. Coatings
- 10.3.2.1.6. Others
- 10.3.3. Rest of Middle East & Africa
- 10.3.3.1. By Application (Volume/Revenue)
- 10.3.3.1.1. Food & Beverages
- 10.3.3.1.2. Oilfield
- 10.3.3.1.3. Paper & Pulp
- 10.3.3.1.4. Detergents
- 10.3.3.1.5. Coatings
- 10.3.3.1.6. Others
- 11. Competitive Analysis
- 11.1. Global Carboxymethyl Cellulose (CMC) Market Share/Ranking Analysis, By Key Manufacturer
- 11.2. Company Profiles
- 11.2.1. CP Kelco US. Inc.
- 11.2.1.1. Overview
- 11.2.1.2. Description
- 11.2.1.3. Type Portfolio
- 11.2.1.4. Financials (As per Availaibity)
- 11.2.1.5. Recent Developments
- 11.2.2. Nippon Paper Industries Co. Ltd
- 11.2.2.1. Overview
- 11.2.2.2. Description
- 11.2.2.3. Type Portfolio
- 11.2.2.4. Financials (As per Availaibity)
- 11.2.2.5. Recent Developments
- 11.2.3. Ashland Inc.
- 11.2.3.1. Overview
- 11.2.3.2. Description
- 11.2.3.3. Type Portfolio
- 11.2.3.4. Financials (As per Availaibity)
- 11.2.3.5. Recent Developments
- 11.2.4. Dow Chemical Company
- 11.2.4.1. Overview
- 11.2.4.2. Description
- 11.2.4.3. Type Portfolio
- 11.2.4.4. Financials (As per Availaibity)
- 11.2.4.5. Recent Developments
- 11.2.5. Lamberti S.P.A
- 11.2.5.1. Overview
- 11.2.5.2. Description
- 11.2.5.3. Type Portfolio
- 11.2.5.4. Financials (As per Availaibity)
- 11.2.5.5. Recent Developments
- 11.2.6. DKS Co. Ltd
- 11.2.6.1. Overview
- 11.2.6.2. Description
- 11.2.6.3. Type Portfolio
- 11.2.6.4. Financials (As per Availaibity)
- 11.2.6.5. Recent Developments
- 11.2.7. Química Amtex S.A.
- 11.2.7.1. Overview
- 11.2.7.2. Description
- 11.2.7.3. Type Portfolio
- 11.2.7.4. Financials (As per Availaibity)
- 11.2.7.5. Recent Developments
- 11.2.8. Nouryon
- 11.2.8.1. Overview
- 11.2.8.2. Description
- 11.2.8.3. Type Portfolio
- 11.2.8.4. Financials (As per Availaibity)
- 11.2.8.5. Recent Developments
- 12. Strategic Recommendations
Pricing
Currency Rates
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