Carboxymethyl Cellulose Market to grow at 4% CAGR by 2024
Date: 2018-12-28   Author: Rahul Varpe  Category: #market

Carboxymethyl Cellulose Market to grow at 4% CAGR by 2024

The qualitative research study conducted by Global Market Insights, Inc. titled “Carboxymethyl Cellulose Market ” provides primary Data, surveys, Scope of the Product and vendor briefings. The market dynamic forces have been determined after conducting a detailed study of the Global Carboxymethyl Cellulose Market.

Carboxymethyl Cellulose Market Size will surpass USD 1.7 billion by 2024. cellulose gum industry growth will be driven by the escalating demand trends from the food & beverage segment. The product will have robust demand in the processed food formulations for various roles as: adhesion agent, thickening agent and stabilizer, emulsifier, bulking agent, firming agent, gelling & glazing agent, humectant, etc.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/2479

Rising demand for crude oil and natural gas has been encouraging exploration companies to engage in extensive drilling activities. Carboxymethyl cellulose used in drilling mud balances various physical parameters such as adjustment of viscosities, reduction of loss of water and increase of thixotropy. Cellulose gum market will feature robust demand from oil & gas applications over the forecast timeframe.

Increasing threat for product from various internal and external substitutes in different applications might pose as a restraining factor for the carboxymethyl cellulose market by 2024. Hydroxypropyl cellulose, carrageenan, xanthum, pectin, microcrystalline cellulose, guar gum, ethyl cellulose could be preferred as an alternative to the product by the product end-users by 2024.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2479

Personal care segment is expected to have growth exceeding CAGR 3% in the overall CMC market by 2024. Product utility in this segment has been in the: skin care products including: cosmetics, sunscreens, body lotions, etc.; hair care products such as: shampoos, gels, hair conditioners, etc.; oral care products including:  denture adhesives, toothpastes, etc. Another trend in personal care sector has been the cellulose gum based superabsorbent polymers (SAP) for their usage in diapers and other fluid-absorbing products in the recent years. Carboxymethyl cellulose market has been grabbing attention in scientific and agriculture fields, for its biodegradable features and high swelling capacity.

Carboxymethyl cellulose market demand in pharmaceuticals segment are expected to observe growth close to 4% CAGR by 2024. The product has been observing acceptance in this sector as an inert non-pharmacologically active ingredient on account of its ability to provide improved drug dissolution and disintegration characteristics. The product is also used as a granulation aid & binder in tablet coatings, and as a stabilizer & thickener in ointments, lotions, etc.

Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/carboxymethyl-cellulose-cmc-market

Following Asia Pacific, Europe was the second-largest region for carboxymethyl cellulose market in 2016. Product demand for was led by personal care and food & beverages industries. Product demand was dominated by countries such as Germany, France and the U.K. due to high demand from personal care and food and beverages industries.

Key industry players in the fragmented carboxymethyl cellulose market have been: Ashland, Nippon Paper Industries, USK Kimya A.S., Daicel Corporation, Patel Industries, Qingdao Tianya Chemical Co. Ltd., etc.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: [email protected]  
Web: https://www.gminsights.com

Read More Related News @ http://packingmaterials.org/



About Author


Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for AlgosOnline. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. ...

Read More

More from Rahul


Post Recommendents

Off-the-shelf Automated Workcells Market Size, Historical Growth, Analysis, Opportunities and Forecast To 2024
Author: Partha Ray

The ' Off-the-shelf Automated Workcells market' study now available at MarketStudyReport.com, is a detailed sketch of the business sphere in terms of current and future trends driving the profit matrix. The report also indicates a pointwis...


Trends of Lab Single-mode Microplate Readers Market Reviewed for 2019 with Industry Outlook to 2024
Author: Partha Ray

The ' Lab Single-mode Microplate Readers market' research report is latest addition by Market Study Report, LLC, that elucidates relevant market and competitive insights as well as regional and consumer information. In a nutshell, the rese...


Worldwide Multi-mode Microplate Readers Market Forecast 2019-2024 Growth Drivers, Regional Outlook
Author: Partha Ray

Market Study Report, LLC, has added an exhaustive research study of the ' Multi-mode Microplate Readers market', detailing every single market driver and intricately analyzing the business vertical. This ' Multi-mode Microplate Readers...