Global Carboxymethyl Cellulose Market Growth 2023-2029

Global Carboxymethyl Cellulose Market Growth 2023-2029

Carboxymethyl cellulose (also referred as CMC and Sodium Carboxymethyl Cellulose) can be described as an anionic water-soluble polymer produced from naturally occurring cellulose by etherification, substituting the hydroxyl groups with carboxymethyl groups on the cellulose chain.

Carboxymethyl cellulose is used as binder, thickening agent, suspension agent, and bulking agent in variety of application.

LPI (LP Information)' newest research report, the “Carboxymethyl Cellulose Industry Forecast” looks at past sales and reviews total world Carboxymethyl Cellulose sales in 2022, providing a comprehensive analysis by region and market sector of projected Carboxymethyl Cellulose sales for 2023 through 2029. With Carboxymethyl Cellulose sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Carboxymethyl Cellulose industry.

This Insight Report provides a comprehensive analysis of the global Carboxymethyl Cellulose landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Carboxymethyl Cellulose portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Carboxymethyl Cellulose market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Carboxymethyl Cellulose and breaks down the forecast by purity, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Carboxymethyl Cellulose.

The global Carboxymethyl Cellulose market size is projected to grow from US$ 1826.2 million in 2022 to US$ 2169.2 million in 2029; it is expected to grow at a CAGR of 2169.2 from 2023 to 2029.

The market size of sodium carboxymethyl cellulose is large, however the concentration of CMC is not quite high. From regional perspective, CMC's production is mainly distributed in Asia and Europe. The supply of carboxymethylcellulose in North America and elsewhere is heavily dependent on these regions for import. Leading companies worldwide include CP Kelco, Ashland, Akzo Nobel, Daicel, Ugur Seluloz Kimya AS, DKS, Dow Chemical,etc. CP Kelco is the world's largest supplier of sodium carboxymethyl cellulose, accounting for 15% of global production.

This report presents a comprehensive overview, market shares, and growth opportunities of Carboxymethyl Cellulose market by product purity, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by purity

99.5 %+

90%-99.5%

50%-90%

Segmentation by application

Food Industry

Paper Industry

Textile Industry

Detergent Industry

Cosmetics Industry

Pharmaceutical Industry

Oil Drilling Industry

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

CP Kelco

Lihong

Ashland

Akzo Nobel

Wealthy

ShenGuang

Yingte

Lude Chemical

Quimica Amtex

Ugur Seluloz Kimya AS

Anqiu Eagle Cellulose

DKS

Xuzhou Liyuan

Fushixin

Dow

Maoyuan

Daicel

Nippon Paper Industries

Lamberti

Acıselsan

Key Questions Addressed in this Report

What is the 10-year outlook for the global Carboxymethyl Cellulose market?

What factors are driving Carboxymethyl Cellulose market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Carboxymethyl Cellulose market opportunities vary by end market size?

How does Carboxymethyl Cellulose break out purity, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.