According to Stratistics MRC, the Global Carboxymethyl Cellulose Market is accounted for $1,317.57 million in 2019 and is expected to reach $2,100.00 million by 2027 growing at a CAGR of 6.0% during the forecast period. Some of the factors such as growth of pharmaceutical and cosmetics production and growing demand for processed food are propelling the market growth. However, emergence of substitutes in various applications is hampering the market growth.
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By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the increasing disposable income and changing lifestyle trend of the consumers has resulted in increased consumption of processed and low-fat food. Moreover, the presence of major agricultural countries such as India, Thailand, Malaysia, and others are expected to fuel the product demand as a suspending agent.
Some of the key players profiled in the Carboxymethyl Cellulose Market include CP Kelco, Anqiu Eagle Cellulose Co. Ltd., Ashland Global Holdings Inc., Akzo Nobel NV, Daicel Corporation, DKS Co. Ltd., Ugur Seluloz Kimya A.S., Lamberti S.p.A., Shanghai ShenGuang Edible Chemicals Co. Ltd., Nippon Paper Industries Co. Ltd., Quimica Amtex S.A De C.V, Dow Inc., LOTTE Fine Chemical, Acıselsan, and Maoyuan.
Purity Levels Covered:
• Highly Purified (99.5% +)
• Industrial Grade (50%-90%)
• Technical Grade (90%-99.5%)
Properties Covered:
• Anti-repository Agent
• Binder
• Emulsifier
• Excipient
• Lubricator
• Stabilizer
• Thickening Agent
Sales Channels Covered:
• Distribution Channel
• Direct Channel
Applications Covered:
• Detergents & Laundry
• Food & Beverages
• Oil & Gas
• Pulp, Paper & Board
• Pharmaceutical
• Cosmetics & Personal Care
• Household Care
• Agriculture
• Hospitals
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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