Cellulose Gum Market Segmentations & Forecast from 2017 to 2024

• a href="https://www.gminsights.com/industry-analysis/cellulose-gum-market">Cellulose Gum Industry

analysis is covered in this latest research report that aims to help those taking daily business decisions by providing market trends information, competitive landscape scenario, forecasts and more. Global Cellulose Gum Market size is expected to witness a high growth during the forecast period owing to a wide spectrum of applications in food industry, textiles, oil drilling, paper industry and many more. It is an economical thickener used in several products such as dairy products, breads, etc. It is also used as a stabilizer and helps prevent crystallization. The factor that propels the growth of the product market is its non-toxic nature which makes it fit for consumption. Rapid industrialization has led to the growth of the product market. The increasing disposable income of people has fueled the demand of processed foods which has led to the growth of cellulose gum market.

Exposure to prolonged heating can degrade the properties of cellulose gum which is a restraint for the market. The viscosity of the gum decreases in presence of heat which hampers the purpose of a thickener. Also, there are a number of substitutes for the product such as guar gum, which can hinder its market growth.

Cellulose is extracted from pure cotton cellulose and wood pulp and processed with alkali. Then it is reacted with sodium monochloroacetate to form cellulose gum. It is also known as carboxymethyl cellulose (CMC). As the name suggests, it has carboxymethyl group in its chain. It is used as a viscosity modifier and emulsion stabilizer in food. It is used in multiple food products such as ice creams, beers, jellies, jams, dairy products, cake frostings and beverages. It is organic and therefore, has no side effects. It is used under the E number E466 in food industry. It is more tolerant to ethanol as compared to other food gums, which makes it suitable to be used in low alcohol content beverages.

CMC is used in ice creams to form a uniform, smooth and stable mixture of fats, water and protein, which greatly reduces the production cost. In beverages, the cellulose gum is used to prevent layering and precipitation, which improves the taste. It is an excellent water retention agent, tablet base, emulsifier and an adhesive.

Manufacturers have incorporated new technologies in the industry and explored new applications to widen the horizon of the market. Its use as an oil resistant film has also led to the growth of the market. It may suppress the appetite as it works as a filler in food products.

Cellulose gum market can be segmented based on type, applications and region. Based on type, the product can be divided as food grade and industrial grade. The industrial grade gum can be further segmented into technical grade (crude CMC) and semi-purified gum. Crude CMC has a purity level of less than 80% and semi-purified gum has purity ranging from 80% to 95%. Cellulose gum having purity above 99.5% is considered as safe for eating.

Based on applications, the market can be divided into food applications, cosmetics and personal care products, textile sizing, paper industry, oil drilling, detergents, pharmaceuticals and beverages. In food industry, the product is used in animal feed, beverages, pancake syrups, frostings, dairy products, bakery products, etc. Based on region, the market can be segmented into five regions, viz., North America, Latin America, Asia Pacific, Europe, and Middle East and Africa.

Asia Pacific has the highest market share of the product in terms of volume and is expected to grow at a significant rate in future. Vietnam, Korea and Singapore are projected to be the major consumers of cellulose gum. North America and Europe are the next in queue where the consumption of CMC is likely to increase in the forecast period. Argentina is expected to be a major consumer of cellulose gum in Latin America.

Some of the key market players are Ashland Inc., CP Kelco, Sidley Chemical Co. Ltd., Daicel Corporation, The DOW Chemical Company, Akzo Nobel N.V., Nippon Paper Industries Co. Ltd., Dai-ichi Kogyo Seiyaku Co. Ltd., Chemopharma Chemikalien und Pharmazeutika GmbH, Ugur Seluloz Kimya A.S., E. I. du Pont de Nemours and Company, Tragacanth Importing Company (TIC) Gums, Inc., Chemcolloids Ltd., Lamberti S.p.A., Admix, Inc., Akay Organics Ltd., etc.

This latest cellulose gum market research report offers in-depth analysis, key industry insights, market sizing & forecast on a granular level for key products, applications across number of regional markets. The report also analyzes the cellulose gum industry from business strategy perspective, describing in detail growth drivers, pitfalls &challenges for participants, accompanied by a detailed competitive benchmarking including company market share analysis and detailed business profiles.

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Global Cellulose Gum Market size & forecast by product & application.

Growth drivers, pitfalls & industry challenges.

Key Cellulose Gum Market growth opportunities & emerging business models.

Competitive benchmarking with market share analysis and company profiles.

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