Carboxymethyl Cellulose (CMC) Market Key Players Analysis, Growth Driving Factors, and Trends, 2023

The global carboxymethyl cellulose (CMC) market is set to grow at a higher pace in the next few years. Carboxymethyl cellulose is derived from the cellulose, which is made water-soluble under a chemical reaction. This property is achieved when carboxymethyl groups get added to the cellulose chain, enabling hydration in the molecules. Apart, CMC is used as a thickener or viscosity modifier to alleviate emulsions in several products. On the industrial front, CMC is used in detergents, paper industry, drilling fluids, and as a food additive.

Factors driving the growth of carboxymethyl cellulose (CMC) market comprise rising obesity and prevalence of overweight issues in teenagers and young children. Rise in the number of overweight population has been surging in the last few years. Carboxymethyl cellulose helps in stabilizing the food ingredients and increasing the fiber content in foods. Consumer demand for gluten-free products in the coming years is rising, which is directly stimulating the commercial growth.

Key Vendors
• Akzo Nobel N.V.
• CP Kelco ApS
• Daicel Corporation
• Nippon Paper Group, Inc.
• The Dow Chemical Company
• Ashland Inc.
• DKS Co. Ltd.

Request free sample to get a complete list of companies @ https://www.millioninsights.com/industry-reports/carboxymethyl-cellulose-cmc-market-outlook/request-sample

The application category entails cosmetics & pharmaceuticals, oil & gas, food & beverages, paper & board, and detergents. Food & beverages accounted for a higher share while cosmetics and pharmaceutical are major applications in this segment.

Key Regions
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America

The Asia-Pacific witnessed a higher market share and with this anticipation, the region is likely to maintain a high position due to massive consumption in pharmaceuticals, oil & gas and food & beverages. Expansion of scope of pharmaceutical and cosmetic industries due to the rise in domestic demand is likely to propel the market growth. 

Browse Related Category Reports @ https://industriesstudyreport.wordpress.com/

Key Questions Answered in This Report
• Analysis of the market including revenues, future growth, market outlook
• Historical data and forecast
• Regional analysis including growth estimates
• Analyzes the end user markets including growth estimates.
• Company Profiles including products, sales/revenues, and market position
• Market structure, market drivers and restraints.