Enjoy complimentary customisation on priority with our Enterprise License!
The Global Carboxymethyl Cellulose (CMC) Market size is estimated to grow by USD 509.15 million and the size of the market is forecast to increase at a CAGR of 5.62% between 2022 and 2027. The market's expansion hinges on multiple factors, notably the health-related advantages offered by linen products, the exponential surge in online retail transactions, and the continual introduction of new product lines. As consumers increasingly prioritize health and wellness, the demand for linen products, known for their breathability and hypoallergenic properties, continues to rise. Additionally, the convenience and accessibility afforded by online retail platforms fuel market growth, allowing consumers to easily access and purchase linen goods. Moreover, the continuous innovation and launch of new product varieties cater to evolving consumer preferences, contributing further to the market's upward trajectory.
View the Bestselling Sample Report
Cellulose gum, also known as carboxymethyl cellulose (CMC), is extensively utilized in food and pharmaceutical applications due to its multifunctional properties. Acting as stabilizing, thickening, and bulking agents, as well as suspension agents, CMC finds widespread use in various products. From gluten-free options to ready-to-cook and bakery products, CMC serves as a vital ingredient in enhancing texture and viscosity. In the pharmaceutical industry, it is utilized in premixes and as a skin and texture protector. Furthermore, CMC plays a crucial role in detergent manufacturing, acting as an anti-soil redepositing agent and color retention agent in cleaning products. Its versatility and effectiveness make it indispensable across diverse industries, driving its continuous market growth and adoption.
The new product launches in the market will notably drive market growth. To widen their product portfolio and expand their customer base, several local and global vendors operating in the global carboxymethyl cellulose market are developing a wide range of high-quality products. Owing to the superior quality of these products, their demand is increasing across the world. This factor will, therefore, help drive the market's growth over the coming years.
Some of the prominent product launches by various local and global vendors have been listed below:
Therefore, a wide range of superior-quality products is regularly launched by various vendors operating in the global carboxymethyl cellulose market, which will drive the growth of the CMC market during the forecast period.
The growth in the construction industry is a major trend that will primarily drive the market growth. The growth in the global construction industry is expected to fuel the demand for carboxymethyl cellulose products worldwide. The major reasons behind the increasing constructions are the good economic situation prevailing across regions along with the increased emphasis on investments made by government authorities in developing infrastructure. In addition to this, immigration and growing urbanization have led to an expansion in residential constructions across developed regions such as Europe and North America. For example, in 2020, the major countries contributing to the growth of the construction industry in Europe were Hungary, Poland, Ireland, and Portugal. Thus, the growth of the construction industry is expected to have a strong positive impact on the global carboxymethyl cellulose market during the forecast period.
The stringent regulations in the textile industry are expected to impede the market. The textile industry is subjected to several regulations, policies, and safety standards for consumer products, which aim to ensure consumer safety and well-being. The imposition of such stringent regulations by government authorities and the mandate to comply with them are serious challenges to the growth of the overall textile industry, including the carboxymethyl cellulose segment. Several textiles and clothing regulations are imposed by various regulatory bodies operating in different regions. For example, the EU has imposed the Textile Regulation (EU) No 1007/2011 on fiber names (including linen products) and related labeling and marking of the fiber composition of textile products, which is in alignment with all the member countries. This is a major concern that will slow down the CMC market growth.
The market forecasting research report includes the adoption lifecycle of the market research and growth, 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 and forecasting strategies.
Customer Landscape
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 - The company offers carboxymethyl cellulose products such as in powder format. Also, the company provides a wide variety of starch products, which include Oil Well Drilling Starch, Oxidized Starch, Thin Boiling Starch, Cationic Starch, White Dextrin Powder, Yellow Dextrin Powder, Corrugation Gum, Pasting Gum, Paper Cone Gum, Paper Tube Gum, Starch Binder/Briquette Binder, Pellet Binder, Fish Feed Binder, Textile Printing Gum, Yarn Sizing Gum, Incense/Agarbatti Binder, among others.
The market report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
Qualitative and quantitative analysis of vendors 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 vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
Carboxymethyl Cellulose (CMC) is a versatile compound widely used in various industries, including food, pharmaceuticals, and detergents. In the food industry, CMC serves as a crucial additive, functioning as a thickener, stabilizer, and bulking agent in a wide range of products such as ice cream, bakery items, instant noodles, sauces, and quick-frozen foods. Its role extends to pharmaceutical applications, where it acts as a suspension agent and viscosity modifier in pharmaceutical formulations. Despite its widespread use, CMC may lead to adverse reactions in some individuals, including inflammation, highlighting the importance of careful consideration in its application. Additionally, Stabilizing agents, thickeners, and viscosity modifying agents like CMC powder play crucial roles in various food applications, including ice cream production, ready-to-cook products, and meat products. With the rising demand for gluten-free choices and weight loss-friendly options, CMC serves as a valuable ingredient in creating gluten and fat-free food products. Its versatility extends to quick-frozen food, where it acts as an anti-soil redepositing agent and particle suspender. Additionally, CMC serves as a homogenizer and fat replacer, contributing to the texture and quality of food products while meeting evolving consumer preferences for healthier alternatives.
The market share growth by the food and beverages segment will be significant during the forecast period. The food and beverages segment showed a gradual increase in market share with USD 457.70 million in 2017 and continued to grow by 2023. Carboxymethyl cellulose is used in food and beverages as a food additive for various food products. It is used as a stabilizing, suspension, and thickening agent in food and beverage products as it can control the rheological property, structure, flavour, and appearance of products and their pseudoplastic properties. Carboxymethyl cellulose can be used to prevent the protein in yoghurt from condensation, as well as sedimentation and layering. Moreover, owing to its good homogeneity, carboxymethyl cellulose offers excellent stability in acid beverages.
Get a glance at the market contribution of various segments View PDF Sample
Carboxymethyl cellulose is also used in manufacturing fruit squashes. In fruit squashes, the proportion of solids is larger than that of liquids, so the solids in fruit squashes generally tend to settle at the bottom of the container as sediment. When carboxymethyl cellulose is added to fruit squash, it enables the flesh and fruit suspended in the packaging container to be well-distributed, full, bright, and striking in colour. Moreover, carboxymethyl cellulose helps in extending the storage life of fruit squashes. Carboxymethyl cellulose is also used as a non-caloric thickening agent and binder in ready-to-eat food products. It reduces the formation of ice crystals in frozen food. Overall, all these factors will lead to the CMC market growth.
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.
For more insights on the market share of various regions View PDF Sample now!
In APAC, the increasing demand for food and beverages in the region will boost the carboxymethyl cellulose market during the forecast period. The food and beverage market in APAC is expected to witness accelerating growth momentum during the forecast period. The growing consumption of packaged food products further increases the demand for carboxymethyl cellulose in the region. China accounted to be the highest market for the consumption of carboxymethyl cellulose in APAC due to the increasing demand for carboxymethyl cellulose in applications such as food processing, pharmaceuticals, and cosmetics. China will continue to lead the market during the forecast period. In addition, many countries in the region are focusing on developing their national oil and gas industry. Such factors influence the demand for carboxymethyl cellulose in the region during the forecast period.
The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
Carboxymethyl Cellulose (CMC), derived from plants and processed with monochloroacetic acid and caustic soda, serves as a crucial ingredient in various industries. As a thickening agent and stabilizer, CMC finds applications in ready-to-eat products, ice-creams, baked foods, and reduced-fat food products. Its anti-soil redepositing property makes it valuable in household care products, while its role as an emulsifier extends to cosmetics and personal care items like margarine and chewing gums. In the oilfield segment, CMC aids in water retention in drilling mud for oil drilling activities. Its versatility spans across industries such as paper & pulp, coatings, and food & beverages, where it enhances water retention, viscosity, and texture. With applications in diverse sectors and functionalities like water-based paints and adhesive agents, CMC remains indispensable for various manufacturing processes and end products.
Market Scope |
|
Report Coverage |
Details |
Page number |
169 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.62% |
Market growth 2023-2027 |
USD 509.15 million |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
4.97 |
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 39% |
Key countries |
US, China, 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 Global Holdings 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 growth analysis, Market growth inducers and obstacles, 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 report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Grade Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.