Carboxymethyl Cellulose Market Outlook 2026 Opportunity and Growth Analysis with Top Key Vendors
According to a new report published by KD
Market Insights, titled, "Carboxymethyl
Cellulose Market by
Purity Level, Application and Properties: Global Opportunity Analysis and
Industry Forecast, 2019-2026," the global carboxymethyl cellulose market
size was valued at $1,735.2 million in 2018 and is projected to reach $2,370.6
million by 2026, registering a CAGR of 4.1% from 2019 to 2026.
Carboxymethyl cellulose also known as cellulose gum is extracted from pure
cotton and wood pulp by chemical synthesis with chloroacetic acid.
Carboxymethyl cellulose is used in various end-use industries such as food
& beverages, pharmaceutical, oil & refining, paint & textile,
cosmetics & personal care, paper coating & household care, and others.
Carboxymethyl cellulose has widespread applications owing to its various
properties such as thickening, binding, suspending, emulsifying, lubricating,
use as a stabilizing agent, viscosity modifier, and coating. The food &
beverage industry is a leading consumer of carboxymethyl cellulose, which is
utilized as emulsifier, stabilizer, and thickener.
Carboxymethyl cellulose is popular as
thickening agent that helps increase the viscosity of liquid without
significantly changing its other properties. Carboxymethyl cellulose as a
thickener is used in sauces, puddings, and soups without changing their
texture.
Carboxymethyl cellulose is used to prepare
film-foaming materials. This film will be effective in controlling the wound
infection. This film is greater to gauze dressings in controlling and quick
healing wound. Furthermore, carboxymethyl cellulose is used to prepare gels, to
disintegrate tablets, to transport the drugs and as stabilizer for emulsions,
suspensions and sprays. Moreover, carboxymethyl cellulose is also used for the
treatment of liver cancer as it is used in preparing trans catheter arterial
perfusion anticancer drugs which also fuels the growth of carboxymethyl
cellulose.
Carboxymethyl cellulose are produced from
cotton and wood. According to the United States of Department Agriculture
(USDA), production of cotton declined due to the change in climatic conditions
in many countries like the U.S., Pakistan, India, and Australia.
The changing climatic conditions and rising
pest issues in crops has declined the cotton production, which, in turn,
expected to hamper the global carboxymethyl cellulose market growth.
The global carboxymethyl cellulose market is
segmented on the basis of purity level, application, properties, and region. By
purity level, global carboxymethyl cellulose market is divided into highly
purified, industrial grade and technical grade. By application, the market is
divided into food and beverages, oil & refining, pharmaceutical, paint
& textile, cosmetics & personal care, paper coating & household
care, and others. By properties, the market is divided into thickening agent,
stabilizer, binder, anti-repository agent, lubricator, emulsifier, and excipient.
By region, global carboxymethyl cellulose market is categorized into North
America, Europe, Asia-Pacific, and LAMEA.
Browse Full Report & TOC: https://www.kdmarketinsights.com/product/carboxymethyl-cellulose-market-amr
Key Findings of The Carboxymethyl
Cellulose Market :
- Based on purity level, the highly purified
segment accounted for the highest share in the global carboxymethyl cellulose
market analysis in 2018 and is projected to grow at a CAGR of 4.3% from 2019 to
2026.
- Based on application, the food and beverage segment accounted for about of the carboxymethyl cellulose market share in 2018 and is expected to experience growth at the CAGR of 4.6%.
- China is the leading manufacturer of carboxymethyl cellulose market.
- Based on region, Asia-pacific accounted for about one third carboxymethyl cellulose market stake and is expected to grow at a CAGR of 5.6%.
- Based on application, the food and beverage segment accounted for about of the carboxymethyl cellulose market share in 2018 and is expected to experience growth at the CAGR of 4.6%.
- China is the leading manufacturer of carboxymethyl cellulose market.
- Based on region, Asia-pacific accounted for about one third carboxymethyl cellulose market stake and is expected to grow at a CAGR of 5.6%.
The key players operating in the global
carboxymethyl cellulose industry are J.M. Huber Corporation, Ashland Global
Holdings Inc, ,Quimica Amtex y Amtex Chemicals, LLC, ,Changzhou Science &
Technology Co., LTD, ,DKS Co. Ltd, Carlyle Investment Management L.L.C.,
Formitex Empreendimentos e Participacoes Ltda, Mikro-Technik GmbH & Company
KG, Zibo Hailan Chemical Co., Ltd, Chongqing Lihong Fine Chemicals Co., Ltd
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