Carboxymethyl Cellulose Market By Application (Food & Beverages, Oilfield, Paper & Pulp, Detergents, Coatings, and Others), By Property (Thickening Agent, Stabilizer, Binder, Anti-Repository Agent, Lubricator, Emulsifier and Excipient), and By Region - Trends, Analysis and Forecast till 2032

Report Code: PMI499622 | Publish Date: March 2024 | No. of Pages: 170

Carboxymethyl Cellulose Market Overview

Carboxymethyl Cellulose Market accounted for USD 1.8 Billion in 2022 and is estimated to be USD 2.7 Billion by 2032 and is anticipated to register a CAGR of 5.2%.

Carboxymethyl cellulose is a cellulose derivative and is composed of derived glucose linked by (β-(1, 4) glycosidic linkages, CMC is formed after cellulose is dissolved in alkali and then treated with monochloroacetic acid to replace the hydroxyl groups of glucose, O-3, or O6. Carboxymethyl cellulose (cmc, cellulose gum), sodium carboxymethyl cellulose Improve texture, stabilize foam, prevent fruit from settling and prevent sugar from crystallizing (cake icing), and bind water: ice cream, beer, pie fillings and jellies, cake icings, dietary supplements.

Carboxymethyl cellulose an anionic, water-soluble cellulose derivative of CMC, the solubility depends on the DP as well as the degree of substitution and the uniformity of the substitution distribution. The water solubility of CMC will increase with decreased DP and increased carboxymethyl substitution and substitution homogeneity, the viscosity of the solution increases with increasing DP and increasing concentration. The global market is projected to witness significant growth due to increasing demand for stabilizing agents in the food and beverage industry driving the demand for CMC.

Carboxymethyl Cellulose Market Drivers & Restraints

Increasing adoption of carboxymethyl cellulose as a thickening agent or stabilizer in various foods and beverages, such as ice cream, milk, and baked goods, drives the growth of the carboxymethyl cellulose market and Carboxymethyl Cellulose is expected to witness significant growth attributed to strong demand in the food sector and also increasing demand for food additives such as consideration factors and growing awareness among consumers about the potential negative effects of gluten and fat consumption are driving the demand for gluten and fat-free food products, a factor is driving the demand for Carboxymethyl Cellulose market. However, the decline in the amount of raw materials used to produce carboxymethyl cellulose is anticipated to hinder the market growth. Carboxymethyl cellulose can have serious health effects, effects on inflammation, microbiota and metabolic syndrome associated with colitis are considered potential effects of carboxymethyl cellulose. It can also alter bacteria, as it causes inflammation of the intestine and is also determined to be a trigger factor for Crohn's disease and ulcerative colitis, a factor expected to limit market growth.

Technological advancement

Manufacturers involved in the Carboxymethyl Cellulose market are developing advanced versions of their products due to new age technological advancements. Carboxymethyl cellulose major players are investing more in power systems and creating more modern, time-saving, cost-effective technologies that are positively impacting the Carboxymethyl callulose market. Characterization techniques such as thermo-gravimetric analysis and Fourier transform infrared ray spectroscopy help determine which CMC products are suitable for a given application In May 2022, researchers from Indonesia's Politecnico di Torino, BRIN, the Italian Institute of Technology and the University of Cagliari have recently presented new composite hydrogel inks based on natural and eco-friendly materials, which can be used to 3D print objects, These hydrogels, presented among a paper published in Sustainable Materials and Technology, is based on acrylated-carboxymethyl cellulose.

Carboxymethyl Cellulose Market Segmentations & Regional Insights

The Carboxymethyl Cellulose Market is segmented based on application, property and region.

Carboxymethyl Cellulose Market, By Application

On the basis of application, the carboxymethyl cellulose market is segmented into food and beverages, oilfield, paper and pulp, detergents, coatings, and others. Among detergents, the detergent industry is the largest consumer of CMC, technical grade CMC composition is most often. Used for soaps and detergents. Carboxymethyl cellulose is increasingly used in food as a viscosity modifier or thickener, thus rapidly growing population, increasing consumer spending, and increasing popularity of packaged or processed foods will continue to drive the sales of carboxymethyl cellulose during the assessment period.

Carboxymethyl Cellulose Market, By Property

On the basis of properties, the target market is classified into thickening agents, stabilizers, binders, anti-repository agents, lubricants, emulsifiers and excipients. , paper and household care industry, oil and refining industry, pharmaceutical and construction industry

Regional Insights:

On region the Carboxymethyl Cellulose Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia-Pacific region is expected to witness the fastest market growth during the forecast period. Growing surplus cash in Asia-Pacific, and changing consumer lifestyle patterns have led to expanded consumption of ready-made and low-fat foods, fueling the interest for carboxymethyl cellulose in the region.

Carboxymethyl Cellulose Market Report Scope:

Attribute

Details

Base year for estimation

2022

Forecast period

2022 – 2032

Market representation

Revenue in USD Billion & CAGR from 2022 to 2032

Market Segmentation

By Application - Food & Beverages, Oilfield, Paper & Pulp, Detergents, Coatings, and Others

By Property - Thickening Agent, Stabilizer, Binder, Anti-Repository Agent, Lubricator, Emulsifier and Excipient

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032. For the purpose of this study, has segmented the Carboxymethyl Cellulose Market report based on application, property and region:

Carboxymethyl Cellulose Market, By Application:

  • Food & Beverages
  • Oilfield
  • Paper & Pulp
  • Detergents
  • Coatings
  • Others

Carboxymethyl Cellulose Market, By Property:

  • Thickening Agent
  • Stabilizer
  • Binder
  • Anti-Repository Agent
  • Lubricator
  • Emulsifier
  • Excipient

Carboxymethyl Cellulose Market, By Region:

  • North America
    • Middle East & Africa
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
    • Europe
      • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
    • U.S.
    • Canada

Carboxymethyl Cellulose Market Competitive Landscape & Key Players

The key players operating the Carboxymethyl Cellulose Market includes:

  • Nippon Paper Industries Co., Ltd. manufactures and sells paper and pulp products, the company also operates a wood building materials business, logistics and leisure services. Nippon Paper Industries Co., Ltd is a global supplier and marketer of edible products used in the food, beverage and nutrition industries. This company focuses on manufacturing a variety of stevia sweeteners, carboxymethyl cellulose, ribonucleic acid, yeast extract and more.
  • Ashland Inc. It is a global, consumer market-focused additives and specialty ingredients company that is responsibly delivering solutions for a better world.
  • Lamberti S.P.A is a chemical company based in Gallarate, Italy, Lamberti Group manufactures chemical specifications for a wide variety of applications.
  • DuPont de Nemours, Inc., formerly DowDuPont Inc, is a technology-based materials and solutions provider. It supplies materials and printing systems to the advanced printing industry and materials and solutions for the fabrication of semiconductors and integrated circuits that address the front end of the manufacturing process.
  • Jining Fortune Biotech Co., Ltd., as a leading global supplier of cellulose products, has been engaged in the production, development and marketing of sodium carboxymethyl cellulose and polyanionic cellulose for over 40 years.
  • DeCell Corporation deals in celluloid technology, organic chemicals, high-performance chemicals, polymers and pyrotechnic devices. The company's products include cellulose acetate, tow for cigarette filters, high-performance chemicals for electronics materials and engineering plastics such as liquid crystal polymers, resin compounds and automotive airbag inflators.
  • Wealthy Chemical Industries manufactures and distributes chemical products, the company manufactures sodium carboxymethyl cellulose and polyanionic cellulose products.
  • Stepan Company is a specialty chemicals manufacturer headquartered in Northbrook, Illinois. The company was founded in 1932 by Alfred C. Stepan, Jr. The company describes itself as the largest global commercial producer of anionic surfactants, which are used to enhance the foaming and cleaning capabilities of detergents, shampoos, toothpastes and cosmetics.
  • Gotoku Chemical Company Limited Established in 1988, the company's business includes wholesale distribution of chemicals and related products.
  • Qingdao SINOCMC Chemical Co., Ltd was established in 2003, the company has been focusing on the supply of sodium carboxymethyl cellulose with rich experience in production, marketing and production solutions. This company is a professional manufacturer and exporter of sodium carboxymethyl cellulose, specialized in sodium carboxymethyl cellulose industry for more than 15 years.

Carboxymethyl Cellulose Market Recent News

  • In June 2020, Nouryon completed the acquisition of the CMC business with J.M. Huber Corporation, speeding up Sasht in the regional sky.
  • In March 2019, Nippon Paper, a global producer of cellulose and paper products, announced the construction of a new production facility at the Gotsu mill to produce carboxymethyl cellulose, a functional cellulose product.

Carboxymethyl Cellulose Market Company Profile

FAQs

Carboxymethyl Cellulose Market is segmented into basis of on application, property and region.

Increasing adoption of carboxymethyl cellulose as a thickening agent or stabilizer in various foods and beverages, such as ice cream, milk, and baked goods, drives the growth of the carboxymethyl cellulose market.

Asia-Pacific region is expected to witness the fastest market growth during the forecast period.

Key players operating in the Carboxymethyl Cellulose Market includes Nippon Paper Industries Co. Ltd, Ashland Inc., Lamberti S.P.A, DuPont de Nemours, Inc., Jining Fortune Biotech Co., Ltd, Daicel Corporation, Wealthy Chemical Industry, Stepan Company, Gotoku Chemical Company Ltd., and Qingdao SINOCMC Chemical Co., Ltd.