Global Carboxymethyl Cellulose (CMC) Market 2023

Description
Carboxymethyl cellulose (CMC) is an anionic, water-soluble polymer derived from cellulose that features unique properties of outstanding adherence, water absorption, and water retention. CMC is produced commercially in a two-stage process consisting of a mercerization stage followed by an etherification stage. It is commercially sold as sodium salt and scientifically known as sodium carboxymethylcellulose (Na-CMC).

The global carboxymethyl cellulose market size is projected to grow by USD 0.4 million from 2023 to 2029, registering a CAGR of 4.3 percent, according to the latest market data.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global carboxymethyl cellulose market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors' approaches.

Market Segmentation
Product: highly purified CMC, technical grade CMC
Application: anti-repository agent, binder, emulsifier, excipient, lubricator, stabilizer, thickening agent
End user: food and beverages, household and home care, oil and gas, paper, personal care and cosmetics, pharmaceuticals, textile, others
Region: Asia-Pacific, Europe, North America, Middle East and Africa (MEA), South America

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, application, end user, and region. The global market for carboxymethyl cellulose can be segmented by product: highly purified CMC, technical grade CMC. The technical grade CMC segment was the largest contributor to the global carboxymethyl cellulose market in 2022. Carboxymethyl cellulose market is further segmented by application: anti-repository agent, binder, emulsifier, excipient, lubricator, stabilizer, thickening agent. According to the research, the thickening agent segment had the largest share in the global carboxymethyl cellulose market. Based on end user, the carboxymethyl cellulose market is segmented into: food and beverages, household and home care, oil and gas, paper, personal care and cosmetics, pharmaceuticals, textile, others. The food and beverages segment held the largest revenue share in 2022. On the basis of region, the carboxymethyl cellulose market also can be divided into: Asia-Pacific, Europe, North America, Middle East and Africa (MEA), South America. Globally, Asia-Pacific made up the largest share of the carboxymethyl cellulose market.

Major Companies and Competitive Landscape
The report explores the recent developments and profiles of key vendors in the Global Carboxymethyl Cellulose Market, including Aciselsan Acipayam Seluloz Sanayi ve Ticaret AS, Akzo Nobel N.V., Amtex Corp SA de CV, Anqiu Eagle Cellulose Co., Ltd., Ashland Inc., Changzhou Guoyu Environmental S&T CO., Ltd., CP Kelco ApS, Daicel Corporation, DKS Co., Ltd., Dow Chemical Company, Jiangsu Licheng Chemical Co., Ltd., Lamberti S.p.A., Nippon Paper Group, Inc., Nouryon Chemicals Holding B.V., Quimica Amtex, S.A., Shandong Landu New Material Co.,Ltd., Shandong Yiteng New Material Co., Ltd., Ugur Seluloz Kimya AS, Weifang Lude Chemical Co., Ltd., Xuzhou Liyuan cellulose Technology Co. Ltd., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.

Scope of the Report
To analyze and forecast the market size of the global carboxymethyl cellulose market.
To classify and forecast the global carboxymethyl cellulose market based on product, application, end user, region.
To identify drivers and challenges for the global carboxymethyl cellulose market.
To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global carboxymethyl cellulose market.
To identify and analyze the profile of leading players operating in the global carboxymethyl cellulose market.

Why Choose This Report
Gain a reliable outlook of the global carboxymethyl cellulose market forecasts from 2023 to 2029 across scenarios.
Identify growth segments for investment.
Stay ahead of competitors through company profiles and market data.
The market estimate for ease of analysis across scenarios in Excel format.
Strategy consulting and research support for three months.
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