Global Carboxymethyl Cellulose Market, By Application (Food & Beverages, Pharmacueticals, Cosmetics, Oil & Gas ,Paper Industry, Detergents) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) - Industry Trends and Forecast to 2025;
Market Analysis: Global Carboxymethyl Cellulose Market
The Global Carboxymethyl Cellulose Market accounted for USD 1.4 billion in 2017 and is projected to grow at a CAGR of 4.8% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015, 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Definition: Global Carboxymethyl Cellulose Market
Carboxymethyl Cellulose is a cellulose derivative with carboxymethyl groups (-CH2-COOH) bound to some of the hydroxyl groups of the glucopyranose monomers that make up the cellulose backbone. It is often used as its sodium salt, sodium carboxymethyl cellulose. There is a growing demand for Carboxymethyl Cellulose in pharmaceutical and cosmetics industry which is expected to be one of the major drivers of the market over coming years.
Major Market Drivers:
- Growing Demand for Processed Food
- Increasing Number of Oil Drilling Activities
- Growth of Pharmaceutical and Cosmetics Production
- Emergence of Substitutes in Various Applications
Market Segmentation: Global Carboxymethyl Cellulose Market
- On the basis of application, the market is segmented into Food & Beverages, Pharmaceuticals, Cosmetics, Oil & Gas, Paper Industry, Detergents.
- On the basis of geography, the Carboxymethyl Cellulose Market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Competitive Landscape: Global Carboxymethyl Cellulose Market
The Global Carboxymethyl Cellulose Market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Major Market Competitors: Global Carboxymethyl Cellulose Market
Some of the major players in Carboxymethyl Cellulose Market include Akzo Nobel N.V., CP Kelco 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., Lamberti S.P.A, Daicel FineChem Ltd, Amar Cellulose Industries, Patel Industries, QINGDAO SINOCMC CHEMICAL CO., LTD, Cellulose Solutions Private Limited, Trishul Industries, Nilkanth Organics, K.A.Malle Pharmaceuticals, Elsevier B.V and many more.
Research Methodology: Global Carboxymethyl Cellulose Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.