Carboxymethyl cellulose is derived from cellulose and is often used as its sodium salt, sodium carboxymethyl cellulose. It helps in replacing fat from the foods, thereby, increasing the overall fiber content. Carboxymethyl cellulose or CMC is used as a viscosity modifier in drilling muds and as a thickener in many food and non-food products including ice creams, toothpastes, detergents, among others. It is versatile, easy-to-use and cost effective as a thickener.
MARKET DYNAMICS
The carboxymethyl cellulose market is anticipated to grow in the forecast period owing to upsurge in demands for low fat food and gluten free frozen desserts. Moreover, increasing number of oil drilling activities further boosts the market growth. However, emergence of substitutes of CMC in various application restrict the carboxymethyl cellulose market growth. On the other hand, CMC is likely to witness growth opportunities for the major market players as a substitute to conventional additives during the forecast period.
MARKET SCOPE
The "Global Carboxymethyl Cellulose (CMC) Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of carboxymethyl cellulose market with detailed market segmentation by purity, end-user industry and geography. The global carboxymethyl cellulose market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading carboxymethyl cellulose market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global carboxymethyl cellulose market is segmented on the basis of purity and end-user industry. By purity, the market is segmented as below 80%, between 80%-95% and above 95%. The market on the basis of the end-user industry is classified as food & beverage, pharmaceuticals, oil & gas, pulp & paper, detergents & laundry and others.
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REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global carboxymethyl cellulose market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The carboxymethyl cellulose market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting carboxymethyl cellulose market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the carboxymethyl cellulose market in these regions.
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MARKET PLAYERS
The reports cover key developments in the carboxymethyl cellulose market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from carboxymethyl cellulose market are anticipated to lucrative growth opportunities in the future with the rising demand for carboxymethyl cellulose in the global market. Below mentioned is the list of few companies engaged in the carboxymethyl cellulose market.
The report also includes the profiles of key carboxymethyl cellulose companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
-Akzo Nobel N.V.
-Ashland Inc
-Daicel Corporation
-DKS Co. Ltd.
-J.M. Huber Corporation
-Lamberti S.p.A.
-NIPPON PAPER INDUSTRIES CO., LTD
-Qingdao Tianya Chemical Co., Ltd
-The Dow Chemical Company
-USK KIMYA CORP
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