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Carboxymethyl Cellulose (CMC) Market Analysis APAC, North America, Europe, Middle East and Africa, South America - China, US, India, UK, Germany - Size and Forecast 2024-2028

Carboxymethyl Cellulose (CMC) Market Analysis APAC, North America, Europe, Middle East and Africa, South America - China, US, India, UK, Germany - Size and Forecast 2024-2028

Published: Jun 2024 174 Pages SKU: IRTNTR43163

Market Overview at a Glance

$526 Mn
Market Opportunity
5.54%
CAGR
5.14
YoY growth 2023-2024(%)

Carboxymethyl Cellulose Market Size 2024-2028 

The carboxymethyl cellulose (CMC) market size is forecast to increase by USD 526 million at a CAGR of 5.54% between 2023 and 2028. The market is experiencing significant growth due to its diverse applications in various industries. In the food sector, CMC is widely used as a food additive, particularly in ice cream production for texture improvement. In the manufacturing industry, CMC is utilized in the production of detergents and coatings. The oilfield industry also relies heavily on CMC for drilling activities, as it acts as a drilling fluid thickener, enhancing the efficiency of oil drilling. In the paper industry, CMC is used as a sizing agent, improving the paper's strength and durability. Moreover, the increasing disposable income and growing awareness of health and eco-friendly products in developing countries are driving the demand for CMC in the textile industry. However, the market faces challenges due to stringent regulations and the impact of global lockdowns on production and supply chain disruptions. Despite these challenges, the market is expected to grow steadily due to the increasing demand for CMC in various industries and its versatile applications. 

Carboxymethyl Cellulose (Cmc) Market Size

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Carboxymethyl cellulose (CMC), a plant-derived cellulose, is a vital ingredient in various industries, including pharmaceuticals and food and beverages. This cellulose derivative is produced through the reaction of cellulose gum with monochloroacetic acid in the presence of caustic soda. CMC's primary applications lie in its role as a stabilizing agent in the food industry. It is widely used in the food supply chain to prevent movement restriction and ensure the smooth production and transportation of food products. In the realm of gluten-free baking, CMC plays a crucial role as a gluten substitute, catering to the growing demand for gluten-free products due to the increasing prevalence of gluten intolerance and celiac diseases. In the pharmaceutical sector, CMC serves as a critical excipient in the production of tablets, capsules, and suspensions. Its ability to improve the flow properties of powders and enhance the binding capacity makes it an essential component in the manufacturing process of various medications. The cosmetics industry also benefits significantly from CMC. It is used as a thickener and stabilizer in personal care products, contributing to their texture and consistency.

Further, the growing urbanization and the increasing popularity of social media have led to a wave in the cosmetics market, further driving the demand for CMC. The retail trade sector, particularly in the sales of multicuisine foods and ice cream production, also relies on CMC as a food additive. Its ability to act as a stabilizer and thickener makes it an indispensable ingredient in these industries. The dominance of the target industries in North America, coupled with the increasing expenditure on healthcare and personal care products, is expected to boost the CMC market in the region. The domestic pharmaceutical industry's production of generic drugs and medical goods also contributes significantly to the market's growth. In conclusion, Carboxymethyl cellulose (CMC) is a versatile ingredient with a wide range of applications in various industries, including food and beverages, pharmaceuticals, and cosmetics. Its production involves the reaction of cellulose gum with monochloroacetic acid and caustic soda.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

  • Application
    • Food and beverages
    • Pharmaceutical and cosmetics
    • Oil and gas
    • Paper
    • Others
  • Grade Type
    • Highly purified
    • Technical grade
    • Industrial grade
  • Geography
    • APAC
      • China
      • India
    • North America
      • US
    • Europe
      • Germany
      • UK
    • Middle East and Africa
    • South America

By Application Insights

The food and beverages segment is estimated to witness significant growth during the forecast period. Carboxymethyl cellulose (CMC) is a widely used derivative of cellulose, applied across various industries such as food and beverages, detergents, oilfield, paper, and coatings. In the food and beverage sector, CMC functions as a valuable food additive due to its thickening, stabilizing, and suspending properties. It enhances the rheological properties, structure, flavor, and appearance of food products, including ice cream, yogurt, and acid milk drinks. CMC is particularly beneficial in ice cream production, where it prevents the formation of ice crystals and improves the texture and consistency of the final product.

In the manufacturing of acid milk drinks, CMC plays a crucial role as an emulsion stabilizer, ensuring the homogeneity and stability of the mixture. These drinks, characterized by their sweet and sour tastes, consist of water, milk or milk powder, yogurt, citric acid, fruity essence, and synthetic pigment. Beyond the food industry, CMC is employed in the oilfield sector as a drilling fluid thickener, enabling efficient drilling operations in crude oil and petroleum product extraction. The increasing disposable income and the developing economies have led to a growing demand for CMC in various applications. 

Carboxymethyl Cellulose (CMC) Market Size

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The food and beverages segment accounted for USD 474.60 million in 2018 and showed a gradual increase during the forecast period.

Regional Insights

APAC is estimated to contribute 39% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

Carboxymethyl Cellulose (Cmc) Market Share by Geography

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In the Asia Pacific (APAC) region, the expanding consumption of multicuisine foods and beverages is driving the market growth. The food and beverage industry in APAC is experiencing significant expansion, particularly in the packaged food sector, which is fueling the demand for CMC as a thickening and stabilizing agent. China is currently the dominant market for CMC in APAC, with substantial consumption in applications such as food processing, personal care products, and domestic pharmaceuticals. Furthermore, urbanization and the increasing influence of social media trends in beauty and personal care are also contributing to the market's growth. Additionally, the development of the national oil and gas industry in several APAC countries may provide further opportunities for the CMC market. Overall, the CMC market in APAC is expected to witness substantial growth during the forecast period.

Our researchers analyzed the data with 2023 as the base year and the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Market Driver

Health-related benefits of linen products is the key driver of the market. Carboxymethyl cellulose (CMC), a derivative of cellulose, is a versatile hydrophilic substance extensively used in various industries, including medical goods and cosmetics. As a viscosity modifier, stabilizer, and emulsifier, CMC plays a crucial role in enhancing the texture and consistency of milk products, drinks, dressings and seasonings, ice creams, and frozen desserts. Its soluble complexes provide stability and improve the overall quality of these products. In the medical sector, CMC is utilized for its thickening and binding properties in pharmaceutical applications. The demand for CMC is forecasted to grow steadily in the coming years due to its functional benefits.

Market Trends

The growing interest of consumers in organic and eco-friendly carboxymethyl cellulose products is the upcoming trend in the market. Carboxymethyl cellulose, a plant-derived cellulose, is gaining popularity due to the increasing consumer preference for eco-friendly and organic products. This trend is significant in the carboxymethyl cellulose market. The production process of carboxymethyl cellulose involves treating cellulose with monochloroacetic acid and caustic soda to create cellulose gum. This gum is widely used as a stabilizing agent in various industries, including pharmaceuticals and food and beverages. In the food industry, carboxymethyl cellulose is used to prevent movement restriction in gluten-free baking, catering to the needs of individuals with gluten intolerance and celiac diseases. The demand for gluten-free products is on the rise, making carboxymethyl cellulose a valuable ingredient.

Its use in food supply ensures the safety and quality of various food items, making it an essential component. Carboxymethyl cellulose's eco-friendly and organic nature aligns with the current consumer trend towards sustainable and healthier options. By choosing carboxymethyl cellulose, industries can meet the demands of health-conscious consumers while also reducing their environmental footprint. This trend is expected to continue, making carboxymethyl cellulose a valuable investment for businesses.

Market Challenge

Stringent regulations in the textile industry is a key challenge affecting the market growth. Carboxymethyl cellulose (CMC), a derivative of cellulose, is extensively used in various industries, including food and beverages. In the food sector, CMC functions as a thickening, stabilizing, and emulsifying agent in processed food products, particularly in bakery items and dairy applications. The changing food habits of the working generation and the growing population in developed countries have led to an increase in the consumption of processed food. Acidification is a common process used in the production of CMC, which involves the treatment of cellulose with calcium hydroxide and sodium chloride, followed by sulfuric acid. This process results in the formation of carboxymethyl groups on the cellulose molecule, enhancing its functional properties.

The CMC market is expected to benefit from this trend, as it is an essential ingredient in various processed food applications. In conclusion, the carboxymethyl cellulose market is driven by the increasing demand for processed food and beverages, particularly in developed countries. Its functional properties, such as thickening, stabilizing, and emulsifying, make it an essential ingredient in various food applications. The regulatory environment and consumer safety concerns are significant factors influencing the market's growth. The US food processing industry's continued growth is expected to provide opportunities for the CMC market in the coming years.

Exclusive Customer Landscape

The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Carboxymethyl Cellulose (Cmc) Market Share by Geography

 Customer Landscape

Key Companies & Market Insights

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Allwyn Chem Industries - The company offers carboxymethyl cellulose products such as in powder format. 

The market research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

  • Amar Cellulose Industries
  • Ashland Inc.
  • Barzaghi Srl Unipersonale
  • Cellulose Solutions Pvt Ltd.
  • CMC SA
  • Daicel Miraizu Ltd.
  • DKS Co. Ltd.
  • Foodchem International Corp.
  • Hefei TNJ Chemical Industry Co. Ltd.
  • Jining Fortune Biotech Co. Ltd.
  • Lamberti SpA
  • Nilkanth Organics
  • Nippon Paper Industries Co. Ltd.
  • Nouryon Chemicals Holding BV
  • Patel Industries
  • Quimica Amtex SA De CV
  • Univar Solutions Inc.
  • USK Kimya Inc.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Research Analyst Overview

Carboxymethyl cellulose (CMC) is a plant-derived cellulose that undergoes chemical modification using monochloroacetic acid and caustic soda. This process results in the production of cellulose gum, a versatile substance with various applications. In the pharmaceutical sector, CMC serves as a stabilizing agent, viscosity modifier, and emulsifier. Its usage in food and beverages is extensive, particularly in gluten-free baking for individuals with gluten intolerance or celiac diseases. CMC is a vital food additive in ice cream production, detergent manufacturing, oilfield operations, paper coatings, and disposable income-driven industries. The global CMC market has been studied its growth, driven by significant adoption in convenience food, and pharmaceutical sector, and lucrative growth in developing countries.

Further, the wave in urbanization, social media influence on beauty trends, and national bureaucracy in the retail trade boost the market's availability. CMC's stabilizing property is essential in milk products, drinks, dressings, and seasonings, ice creams, and frozen desserts. Its role as a soluble complex in casein and acidification in bakery items increases consumption in processed food industries in developed countries. Changing food habits and a growing working generation, along with a rising population, contribute to the market's continued development.

Market Scope

Report Coverage

Details

Page number

174

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 5.54%

Market growth 2024-2028

USD 526 million

Market structure

Fragmented

YoY growth 2023-2024(%)

5.14

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 39%

Key countries

China, US, India, UK, and Germany

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Allwyn Chem Industries, Amar Cellulose Industries, Ashland Inc., Barzaghi Srl Unipersonale, Cellulose Solutions Pvt Ltd., CMC SA, Daicel Miraizu Ltd., DKS Co. Ltd., Foodchem International Corp., Hefei TNJ Chemical Industry Co. Ltd., Jining Fortune Biotech Co. Ltd., Lamberti SpA, Nilkanth Organics, Nippon Paper Industries Co. Ltd., Nouryon Chemicals Holding BV, Patel Industries, Quimica Amtex SA De CV, Univar Solutions Inc., and USK Kimya Inc.

Market dynamics

Parent market analysis, market growth inducers and obstacles, market forecast, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research and Growth Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting between 2024 and 2028
  • Precise estimation of the size of the market  and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming market growth and trends and changes in consumer behaviour
  • Growth of the market across APAC, North America, Europe, Middle East and Africa, and South America
  • Thorough analysis of the market's competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Executive Summary - Chart on Market Overview
    • Executive Summary - Data Table on Market Overview
    • Executive Summary - Chart on Global Market Characteristics
    • Executive Summary - Chart on Market by Geography
    • Executive Summary - Chart on Market Segmentation by Application
    • Executive Summary - Chart on Market Segmentation by Grade Type
    • Executive Summary - Chart on Incremental Growth
    • Executive Summary - Data Table on Incremental Growth
    • Executive Summary - Chart on Company Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Parent Market
    • Data Table on - Parent Market
  • 2.2 Market characteristics
    • Market characteristics analysis
  • 2.3 Value chain analysis
    • Value Chain Analysis

3 Market Sizing

  • 3.1 Market definition
    • Offerings of companies included in the market definition
  • 3.2 Market segment analysis
    • Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global Carboxymethyl Cellulose (CMC) Market 2018 - 2022
      • Historic Market Size - Data Table on Global Carboxymethyl Cellulose (CMC) Market 2018 - 2022 ($ million)
    • 4.2 Application segment analysis 2018 - 2022
      • Historic Market Size - Application Segment 2018 - 2022 ($ million)
    • 4.3 Grade Type segment analysis 2018 - 2022
      • Historic Market Size - Grade Type Segment 2018 - 2022 ($ million)
    • 4.4 Geography segment analysis 2018 - 2022
      • Historic Market Size - Geography Segment 2018 - 2022 ($ million)
    • 4.5 Country segment analysis 2018 - 2022
      • Historic Market Size - Country Segment 2018 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Bargaining power of buyers - Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Threat of new entrants - Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Threat of substitutes - Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Threat of rivalry - Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Chart on Application - Market share 2023-2028 (%)
      • Data Table on Application - Market share 2023-2028 (%)
    • 6.2 Comparison by Application
      • Chart on Comparison by Application
      • Data Table on Comparison by Application
    • 6.3 Food and beverages - Market size and forecast 2023-2028
      • Chart on Food and beverages - Market size and forecast 2023-2028 ($ million)
      • Data Table on Food and beverages - Market size and forecast 2023-2028 ($ million)
      • Chart on Food and beverages - Year-over-year growth 2023-2028 (%)
      • Data Table on Food and beverages - Year-over-year growth 2023-2028 (%)
    • 6.4 Pharmaceutical and cosmetics - Market size and forecast 2023-2028
      • Chart on Pharmaceutical and cosmetics - Market size and forecast 2023-2028 ($ million)
      • Data Table on Pharmaceutical and cosmetics - Market size and forecast 2023-2028 ($ million)
      • Chart on Pharmaceutical and cosmetics - Year-over-year growth 2023-2028 (%)
      • Data Table on Pharmaceutical and cosmetics - Year-over-year growth 2023-2028 (%)
    • 6.5 Oil and gas - Market size and forecast 2023-2028
      • Chart on Oil and gas - Market size and forecast 2023-2028 ($ million)
      • Data Table on Oil and gas - Market size and forecast 2023-2028 ($ million)
      • Chart on Oil and gas - Year-over-year growth 2023-2028 (%)
      • Data Table on Oil and gas - Year-over-year growth 2023-2028 (%)
    • 6.6 Paper - Market size and forecast 2023-2028
      • Chart on Paper - Market size and forecast 2023-2028 ($ million)
      • Data Table on Paper - Market size and forecast 2023-2028 ($ million)
      • Chart on Paper - Year-over-year growth 2023-2028 (%)
      • Data Table on Paper - Year-over-year growth 2023-2028 (%)
    • 6.7 Others - Market size and forecast 2023-2028
      • Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Chart on Others - Year-over-year growth 2023-2028 (%)
      • Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 6.8 Market opportunity by Application
      • Market opportunity by Application ($ million)
      • Data Table on Market opportunity by Application ($ million)

    7 Market Segmentation by Grade Type

    • 7.1 Market segments
      • Chart on Grade Type - Market share 2023-2028 (%)
      • Data Table on Grade Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Grade Type
      • Chart on Comparison by Grade Type
      • Data Table on Comparison by Grade Type
    • 7.3 Highly purified - Market size and forecast 2023-2028
      • Chart on Highly purified - Market size and forecast 2023-2028 ($ million)
      • Data Table on Highly purified - Market size and forecast 2023-2028 ($ million)
      • Chart on Highly purified - Year-over-year growth 2023-2028 (%)
      • Data Table on Highly purified - Year-over-year growth 2023-2028 (%)
    • 7.4 Technical grade - Market size and forecast 2023-2028
      • Chart on Technical grade - Market size and forecast 2023-2028 ($ million)
      • Data Table on Technical grade - Market size and forecast 2023-2028 ($ million)
      • Chart on Technical grade - Year-over-year growth 2023-2028 (%)
      • Data Table on Technical grade - Year-over-year growth 2023-2028 (%)
    • 7.5 Industrial grade - Market size and forecast 2023-2028
      • Chart on Industrial grade - Market size and forecast 2023-2028 ($ million)
      • Data Table on Industrial grade - Market size and forecast 2023-2028 ($ million)
      • Chart on Industrial grade - Year-over-year growth 2023-2028 (%)
      • Data Table on Industrial grade - Year-over-year growth 2023-2028 (%)
    • 7.6 Market opportunity by Grade Type
      • Market opportunity by Grade Type ($ million)
      • Data Table on Market opportunity by Grade Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Chart on Market share by geography 2023-2028 (%)
      • Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Chart on Geographic comparison
      • Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 North America - Market size and forecast 2023-2028
      • Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Chart on North America - Year-over-year growth 2023-2028 (%)
      • Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2023-2028
      • Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.7 South America - Market size and forecast 2023-2028
      • Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Chart on South America - Year-over-year growth 2023-2028 (%)
      • Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Chart on US - Market size and forecast 2023-2028 ($ million)
      • Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Chart on US - Year-over-year growth 2023-2028 (%)
      • Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Chart on China - Market size and forecast 2023-2028 ($ million)
      • Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Chart on China - Year-over-year growth 2023-2028 (%)
      • Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 India - Market size and forecast 2023-2028
      • Chart on India - Market size and forecast 2023-2028 ($ million)
      • Data Table on India - Market size and forecast 2023-2028 ($ million)
      • Chart on India - Year-over-year growth 2023-2028 (%)
      • Data Table on India - Year-over-year growth 2023-2028 (%)
    • 9.11 UK - Market size and forecast 2023-2028
      • Chart on UK - Market size and forecast 2023-2028 ($ million)
      • Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Chart on UK - Year-over-year growth 2023-2028 (%)
      • Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.12 Germany - Market size and forecast 2023-2028
      • Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Market opportunity by geography ($ million)
      • Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Opportunity/Restraints

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market opportunities/restraints

          11 Competitive Landscape

          • 11.1 Overview
            • 11.2 Competitive Landscape
              • Overview on criticality of inputs and factors of differentiation
            • 11.3 Landscape disruption
              • Overview on factors of disruption
            • 11.4 Industry risks
              • Impact of key risks on business

            12 Competitive Analysis

            • 12.1 Companies profiled
              • Companies covered
            • 12.2 Market positioning of companies
              • Matrix on companies position and classification
            • 12.3 Allwyn Chem Industries
              • Allwyn Chem Industries - Overview
              • Allwyn Chem Industries - Product / Service
              • Allwyn Chem Industries - Key offerings
            • 12.4 Amar Cellulose Industries
              • Amar Cellulose Industries - Overview
              • Amar Cellulose Industries - Product / Service
              • Amar Cellulose Industries - Key offerings
            • 12.5 Ashland Inc.
              • Ashland Inc. - Overview
              • Ashland Inc. - Business segments
              • Ashland Inc. - Key news
              • Ashland Inc. - Key offerings
              • Ashland Inc. - Segment focus
            • 12.6 Barzaghi Srl Unipersonale
              • Barzaghi Srl Unipersonale - Overview
              • Barzaghi Srl Unipersonale - Product / Service
              • Barzaghi Srl Unipersonale - Key offerings
            • 12.7 Cellulose Solutions Pvt Ltd.
              • Cellulose Solutions Pvt Ltd. - Overview
              • Cellulose Solutions Pvt Ltd. - Product / Service
              • Cellulose Solutions Pvt Ltd. - Key offerings
            • 12.8 Daicel Miraizu Ltd.
              • Daicel Miraizu Ltd. - Overview
              • Daicel Miraizu Ltd. - Product / Service
              • Daicel Miraizu Ltd. - Key offerings
            • 12.9 DKS Co. Ltd.
              • DKS Co. Ltd. - Overview
              • DKS Co. Ltd. - Business segments
              • DKS Co. Ltd. - Key offerings
              • DKS Co. Ltd. - Segment focus
            • 12.10 Hefei TNJ Chemical Industry Co. Ltd.
              • Hefei TNJ Chemical Industry Co. Ltd. - Overview
              • Hefei TNJ Chemical Industry Co. Ltd. - Product / Service
              • Hefei TNJ Chemical Industry Co. Ltd. - Key offerings
            • 12.11 Lamberti SpA
              • Lamberti SpA - Overview
              • Lamberti SpA - Product / Service
              • Lamberti SpA - Key offerings
            • 12.12 Nilkanth Organics
              • Nilkanth Organics - Overview
              • Nilkanth Organics - Product / Service
              • Nilkanth Organics - Key offerings
            • 12.13 Nippon Paper Industries Co. Ltd.
              • Nippon Paper Industries Co. Ltd. - Overview
              • Nippon Paper Industries Co. Ltd. - Business segments
              • Nippon Paper Industries Co. Ltd. - Key news
              • Nippon Paper Industries Co. Ltd. - Key offerings
              • Nippon Paper Industries Co. Ltd. - Segment focus
            • 12.14 Nouryon Chemicals Holding BV
              • Nouryon Chemicals Holding BV - Overview
              • Nouryon Chemicals Holding BV - Business segments
              • Nouryon Chemicals Holding BV - Key offerings
              • Nouryon Chemicals Holding BV - Segment focus
            • 12.15 Patel Industries
              • Patel Industries - Overview
              • Patel Industries - Product / Service
              • Patel Industries - Key offerings
            • 12.16 Quimica Amtex SA De CV
              • Quimica Amtex SA De CV - Overview
              • Quimica Amtex SA De CV - Product / Service
              • Quimica Amtex SA De CV - Key offerings
            • 12.17 Univar Solutions Inc.
              • Univar Solutions Inc. - Overview
              • Univar Solutions Inc. - Business segments
              • Univar Solutions Inc. - Key news
              • Univar Solutions Inc. - Key offerings
              • Univar Solutions Inc. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Inclusions checklist
                • Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Currency conversion rates for US$
              • 13.4 Research methodology
                • Research methodology
              • 13.5 Data procurement
                • Information sources
              • 13.6 Data validation
                • Data validation
              • 13.7 Validation techniques employed for market sizing
                • Validation techniques employed for market sizing
              • 13.8 Data synthesis
                • Data synthesis
              • 13.9 360 degree market analysis
                • 360 degree market analysis
              • 13.10 List of abbreviations
                • List of abbreviations

              Research Methodology

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Frequently Asked Questions

              Carboxymethyl Cellulose (CMC) market growth will increase by $ 526 mn during 2024-2028.

              The Carboxymethyl Cellulose (CMC) market is expected to grow at a CAGR of 5.54% during 2024-2028.

              Carboxymethyl Cellulose (CMC) market is segmented by Application( Food and beverages, Pharmaceutical and cosmetics, Oil and gas, Paper, Others) Grade Type( Highly purified, Technical grade, Industrial grade, South America)

              Allwyn Chem Industries, Amar Cellulose Industries, Ashland Inc., Barzaghi Srl Unipersonale, Cellulose Solutions Pvt Ltd., CMC SA, Daicel Miraizu Ltd., DKS Co. Ltd., Foodchem International Corp., Hefei TNJ Chemical Industry Co. Ltd., Jining Fortune Biotech Co. Ltd., Lamberti SpA, Nilkanth Organics, Nippon Paper Industries Co. Ltd., Nouryon Chemicals Holding BV, Patel Industries, Quimica Amtex SA De CV, Univar Solutions Inc., USK Kimya Inc. are a few of the key vendors in the Carboxymethyl Cellulose (CMC) market.

              APAC will register the highest growth rate of 39% among the other regions. Therefore, the Carboxymethyl Cellulose (CMC) market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.

              China, US, India, UK, Germany

              • Health-related benefits of linen productsLinen is a type of natural fiber which is produced from a plant called flax. Linen products are used by consumers globally due to the various antibacterial properties of the fiber. It improves the breathable properties of clothing products and has various other functional benefits is the driving factor this market.
              • such as anti-allergic properties and higher moisture-absorbing capacity. The linen fabric has small gaps in between the fabric threads is the driving factor this market.
              • which enable it to provide a light massaging effect on the body. This helps in promoting relaxation and also helps in stimulating blood flow. Moreover is the driving factor this market.
              • the linen fabric also possesses antimicrobial properties is the driving factor this market.
              • as a result of which it suppresses the growth of microbes like bacteria is the driving factor this market.
              • fungi is the driving factor this market.
              • and others. Since linen fabrics are natural and not exposed to harsh chemicals and pesticides is the driving factor this market.
              • it is suitable for people who are prone to allergies or have sensitive skin. Therefore is the driving factor this market.
              • linen is considered hypoallergenic. Furthermore is the driving factor this market.
              • linen is anti-static and aids in balancing the natural pH of the skin.Linen helps in the absorption of radon rays as it is made of flax is the driving factor this market.
              • which acts as an excellent filter against chemical exposure. Moreover is the driving factor this market.
              • regular contact of the linen fiber with the body reduces the vulnerability to catarrhal diseases. Regular contact of the body with linen fabrics helps in increasing the levels of immunoglobulin A in the blood is the driving factor this market.
              • which helps in the protection of various internal organs is the driving factor this market.
              • such as the respiratory and digestive tracts is the driving factor this market.
              • from several bacteria and viruses. The demand for linen products is increasing worldwide owing to their health-related benefits. This increasing demand for linen products is likely to drive the overall market for carboxymethyl cellulose during the forecast period. is the driving factor this market.

              The Carboxymethyl Cellulose (CMC) market vendors should focus on grabbing business opportunities from the Food and beverages segment as it accounted for the largest market share in the base year.