Market Research Report
Global Carboxymethyl Cellulose Market Analysis, 2013-2023
|Published by||Market Krystal||Product code||725236|
|Published||Content info||120-150 Pages
Delivery time: 1-2 business days
|Global Carboxymethyl Cellulose Market Analysis, 2013-2023|
|Published: April 1, 2018||Content info: 120-150 Pages||
Carboxymethyl cellulose commonly called as cellulose gum or tylose powder is a derivative with carboxymethyl groups which are bound to some of the hydroxyl groups bound to carboxymethyl groups. It is helped in product to increase the viscosity of the product and as an emulsifier.
As stated above it is used to make the product more viscous. It is also used in processed food and low-fat food items. Apart from that it also used for medical purposes mostly for eye related problems such as getting relief from dry eyes and help in stopping the irritation in the eyes. Other than this, it helps in preventing infection and at the same time decreases dry eye symptoms such as itching.
The global carboxymethyl cellulose market report shows the existing market conditions by carrying out 315 hours of secondary and primary research. As per the research report, global carboxymethyl cellulose is expanding its geographical peripheries swiftly. The carboxymethyl cellulose market is valued at US $ xxx million dollars in 2018 and it is expected to reach an all-time high of US $ xxx million by the end of 2023 growing on an annual growth rate of xx%.
The high demand for carboxymethyl cellulose is due to the growth of processed food industry. The increasing demand for ready-to-eat and low-fat food is affecting the demand of carboxymethyl cellulose greatly. Apart from that, carboxymethyl cellulose demand is increasing in the pharmaceutical and cosmetic production. It is also used in exploration process in the upstream business in the oil and gas Sector.
The raw material used to produce carboxymethyl cellulose is extracted from plant bio mass, bacteria, algae and marine animals. However, agriculture waste could also be used for the production, but it has hardly been used. Due to this deficit it is a hard task to produce carboxymethyl cellulose in a large quantity.
Geographically Asia-Pacific, Europe, North America are the regions where this product is used extensively. The usage of carboxymethyl cellulose is recorded highest in the Asia Pacific region. The statistics of the year 2014 showed that the consumption of this product was up to 38.6% of total in the Asia-Pacific region, this area registered the highest CAGR of 4.3% in terms of volume. This growth was largely due to India and China, which had a rapid growth of end-user industry.
Top players in the carboxymethyl cellulose market are Akzonobel N.V., CP Kelco, USK Kimya, Quimica Amtex S.A., The Dow Chemical Company, DKS Co. Ltd, Nippon Paper Industries Co. Ltd, Daicel Corporation, Ashland Inc, and Lamberti S.P.A..
The research procedure starts with the market division of the global carboxymethyl cellulose into various segments, followed by the identifying the growth elements influencing every segment and then conducting market forecasts. Every market forecast is done based on the inputs given by all the business leaders in the global carboxymethyl cellulose industry value chain. Market Krystal therefore conducted more than 36 interviews devoted to this study and all the details pertaining to it are given below:
By company type: Manufacturers (35%), Suppliers (15%), Consumers (25%), Researchers (15%), Independent industry consultant (10%)
By geography: North America (30%), Asia (35%), Europe (35%)
By designation: Top level (40%), Operation level (30%), Mid-level (30%)