Akzo Nobel N.V., CP Kelco U. S. are key players of Global Carboxymethyl Cellulose (CMC) Market

The report "Carboxymethyl Cellulose Market by Application (Food & Beverages, Pharmaceutical & Cosmetics, Oil & Gas, Paper, Detergents, and Others (Mining, Textiles Processing, Ceramics, Paints, Construction, and Adhesives)) - Trends & Forecasts to 2020", defines and segments the global carboxymethyl cellulose market with analysis and forecasting in terms of volume and value.

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Carboxymethyl cellulose market based on the applications can be categorized into food & beverages, pharmaceutical & cosmetics, oil & gas, paper, detergents, and others (mining, textiles processing, ceramics, paints, construction, and adhesives).

Food & beverages is the largest application segment in terms of volume consumed in 2014. It accounted for approximately 31.0% of the global CMC market, in terms of volume consumed in 2014. The growing processed food industry is driving the demand for CMC.

The global carboxymethyl cellulose (CMC) market was estimated at $1,151.7 Million in 2014 and is projected to register a CAGR of 4.2% between 2015 and 2020.

Carboxymethyl cellulose (CMC) or cellulose gum is a cellulose derivative with carboxymethyl group in its chain. CMC is physiologically inert, chemically stable, odorless and tasteless substance which safe for health and environment. The other properties of CMC include high viscosity, non-toxic nature, and hypoallergenic.

Major raw materials used in manufacture of carboxymethyl cellulose (CMC) include plant derived cellulose, caustic soda, and monochloroacetic acid. CMC is widely used as thickener, stabilizer, binder and dispersant in variety of applications such as food and beverages, pharmaceutical and cosmetics, detergents, oil and gas, paper processing and others.

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Scope of the Report

The global carboxymethyl cellulose market is analyzed in terms of volume (kilotons) and value ($million) by these aforementioned classifications.

By Application

• Food & Beverages
• Pharmaceutical & Cosmetics
• Oil & Gas
• Paper
• Detergents
• Others

By Region

• Asia-Pacific
• Europe
• North America
• Rest of the World

Available Customizations:

• Further breakdown of Middle East & Africa and South America into different countries
• Further breakdown of ‘Others’ category into Mining, Textile Processing, Paints, Adhesives, Construction, and Ceramics

Competitive developments of top players in the carboxymethyl cellulose market have been discussed in detail. The leading players of the global CMC market include, Akzo Nobel N.V., CP Kelco U.S., Inc., (A Subsidiary Of J.M. Huber Corporation Company), Ugur Seluloz Kimya A.S, Química Amtex S.A. De C.V, The Dow Chemical Company, DKS Co. Ltd., Nippon Paper Industries Co. Ltd, Daicel Corporation, Ashland Inc., and Lamberti S.P.A among others.

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The growth of processed food industry, increasing pharmaceutical and cosmetics production, and the growing oil drilling activities are the major factors driving the growth of CMC market.

The increasing disposable income in emerging economies such as China, India, Mexico, Africa and South America has led to increasing consumption of processed food. CMC is widely used as binder, thickener, bulking agent, and suspension agent in several food and beverages applications.

The segment accounted for a share of 31.0% of the global CMC market, in terms of volume consumed in 2014. The major factor restraining the CMC market growth is the emergence of substitutes in various applications. Guar gum can substitute in CMC in majority of the applications. The organic/green label associated with guar gum is an added advantage for the product to replace CMC in several applications.

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