Carboxymethyl Cellulose Market, By End-User (Food & Beverage, Oil Drilling Fluids, Paper Processing, Personal Care, Paints and Adhesives, Packaging, Others), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Carboxymethyl cellulose is cellulose gum which is extracted from wood pulp and pure cotton. Cellulose gum is widely used across various industries including oil & gas, agriculture, cosmetics & personal care, paint, paper processing, pharmaceutical, food & beverages, and household care industries.
Market Dynamics
Growing awareness regarding painting houses is encouraging consumers to spend on renovation of the house is one of the ongoing trend. This is creating demand for high performance paints and coatings. Carboxymethyl cellulose is widely used as a stabilizer and thicker in the paints. The growth of carboxymethyl cellulose is also attributed to the rapidly growing oil drilling fluids industry due to increasing urbanization and industrialization around the globe. Thus, the growing demand for paints from the oil drilling fluids industry is propelling the market growth of carboxymethyl cellulose over the forecast period.
Growing demand for functional ingredients in the food that helps in making food gluten-free and low-fat content is expected to drive the market growth of carboxymethyl cellulose. It helps in thickening and stabilizing the food and also replaces food by increasing fiber content in food. Moreover, growing demand for frozen desserts that are low in fat content and gluten-free is again expected to propel the market growth. CMC helps in preventing melting of ice creams and yogurts and maintain the texture of desserts.
Key features of the study:
This report provides in-depth analysis of the global carboxymethyl cellulose market and provides market size (US$ Million & Kilo Tons) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
This study also provides impact analysis of Coronavirus (Covid-19) pandemic on global carboxymethyl cellulose market.
It profiles key players in the global carboxymethyl cellulose market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study Azko Nobel N.V., Ashland Inc., CP Kelco, Daicel Corporation, The Dow Chemical Company, Lamberti S.p.A., Penn Carbose Inc., Sichem LLC, SINCOCMC Co. Ltd, and Yixing Tongda Chemical Co. Ltd.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
The global carboxymethyl cellulose market report caters to various stakeholders in this industry including investors, suppliers, global carboxymethyl cellulose manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global carboxymethyl cellulose market
Detailed Segmentation:
Global Colored PU Foam Market , By End-User:
Food & Beverage
Oil Drilling Fluids
Paper Processing
Personal Care
Paints and Adhesives
Packaging
Others
Global Carboxymethyl cellulose Market , By Region:
North America
U.S.
By End-User:
Food & Beverage
Oil Drilling Fluids
Paper Processing
Personal Care
Paints and Adhesives
Others
Canada
By End-User:
Food & Beverage
Oil Drilling Fluids
Paper Processing
Personal Care
Paints and Adhesives
Packaging
Others
Europe
U.K.
By End-User:
Food & Beverage
Oil Drilling Fluids
Paper Processing
Personal Care
Paints and Adhesives
Packaging
Others
Germany
By End-User:
Food & Beverage
Oil Drilling Fluids
Paper Processing
Personal Care
Paints and Adhesives
Packaging
Others
France
By End-User:
Food & Beverage
Oil Drilling Fluids
Paper Processing
Personal Care
Paints and Adhesives
Packaging
Others
Italy
By End-User:
Food & Beverage
Oil Drilling Fluids
Paper Processing
Personal Care
Paints and Adhesives
Packaging
Others
Spain
By End-User:
Food & Beverage
Oil Drilling Fluids
Paper Processing
Personal Care
Paints and Adhesives
Packaging
Others
Russia
By End-User:
Food & Beverage
Oil Drilling Fluids
Paper Processing
Personal Care
Paints and Adhesives
Packaging
Others
Rest of Europe
By End-User:
Food & Beverage
Oil Drilling Fluids
Paper Processing
Personal Care
Paints and Adhesives
Packaging
Others
Asia Pacific
China
By End-User:
Food & Beverage
Oil Drilling Fluids
Paper Processing
Personal Care
Paints and Adhesives
Packaging
Others
India
By End-User:
Food & Beverage
Oil Drilling Fluids
Paper Processing
Personal Care
Paints and Adhesives
Packaging
Others
Japan
By End-User:
Food & Beverage
Oil Drilling Fluids
Paper Processing
Personal Care
Paints and Adhesives
Packaging
Others
ASEAN
By End-User:
Food & Beverage
Oil Drilling Fluids
Paper Processing
Personal Care
Paints and Adhesives
Packaging
Others
Australia
By End-User:
Food & Beverage
Oil Drilling Fluids
Paper Processing
Personal Care
Paints and Adhesives
Packaging
Others
South Korea
By End-User:
Food & Beverage
Oil Drilling Fluids
Paper Processing
Personal Care
Paints and Adhesives
Packaging
Others
Rest of Asia Pacific
By End-User:
Food & Beverage
Oil Drilling Fluids
Paper Processing
Personal Care
Paints and Adhesives
Packaging
Others
Latin America
Brazil
By End-User:
Food & Beverage
Oil Drilling Fluids
Paper Processing
Personal Care
Paints and Adhesives
Packaging
Others
Mexico
By End-User:
Food & Beverage
Oil Drilling Fluids
Paper Processing
Personal Care
Paints and Adhesives
Packaging
Others
Rest of Latin America
By End-User:
Food & Beverage
Oil Drilling Fluids
Paper Processing
Personal Care
Paints and Adhesives
Packaging
Others
Middle East & Africa
Middle East
By End-User:
Food & Beverage
Oil Drilling Fluids
Paper Processing
Personal Care
Paints and Adhesives
Packaging
Others
Africa
By End-User:
Food & Beverage
Oil Drilling Fluids
Paper Processing
Personal Care
Paints and Adhesives
Packaging
Others
Company Profiles
Azko Nobel N.V.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Ashland Inc.
CP Kelco
Daicel Corporation
The Dow Chemical Company
Lamberti S.p.A
Penn Carbose Inc.
Sichem LLC
SINOCMC Co. Ltd.
Yixing Tongda Chemical Co. Ltd.
“*” marked represents similar segmentation in other categories in the respective section.
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