DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/gr2fx3/carboxymethyl) has announced the addition of the "Carboxymethyl Cellulose Market by Application (Food & Beverages, Pharmaceutical & Cosmetics, Oil & Gas, Paper, Detergents, and Others (Mining, Textiles Processing, Ceramics, Paints, Construction, and Adhesives)) - Trends & Forecasts to 2020" report to their offering.
The global carboxymethyl cellulose (CMC) market was estimated at $1,151.7 Million in 2014 and is projected to register a CAGR of 4.2% between 2015 and 2020,
Carboxymethyl cellulose (CMC) or cellulose gum is a cellulose derivative with carboxymethyl group in its chain. CMC is physiologically inert, chemically stable, odorless and tasteless substance which safe for health and environment. The other properties of CMC include high viscosity, non-toxic nature, and hypoallergenic. Major raw materials used in manufacture of carboxymethyl cellulose (CMC) include plant derived cellulose, caustic soda, and monochloroacetic acid. CMC is widely used as thickener, stabilizer, binder and dispersant in variety of applications such as food and beverages, pharmaceutical and cosmetics, detergents, oil and gas, paper processing and others.
The growth of processed food industry, increasing pharmaceutical and cosmetics production, and the growing oil drilling activities are the major factors driving the growth of CMC market. The increasing disposable income in emerging economies such as China, India, Mexico, Africa and South America has led to increasing consumption of processed food. CMC is widely used as binder, thickener, bulking agent, and suspension agent in several food and beverages applications. The segment accounted for a share of 31.0% of the global CMC market, in terms of volume consumed in 2014. The major factor restraining the CMC market growth is the emergence of substitutes in various applications. Guar gum can substitute in CMC in majority of the applications. The organic/green label associated with guar gum is an added advantage for the product to replace CMC in several applications.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Carboxymethyl Cellulose Market, By Application
7 Carboxymethyl Cellulose Market, Regional Analysis
8 Competitive Landscape
9 Company Profiles
- AKZO Nobel N.V.
- Ashland Inc.
- CP Kelco U.S., Inc., (A Subsidiary of J.M. Huber Corporation Company)
- DKS Co. Ltd.
- Daicel Corporation
- Lamberti S.P.A
- Nippon Paper Industries Co. Ltd.
- Química Amtex S.A. De C.V.
- The DOW Chemical Company
- UGUR Seluloz Kimya A.S.
For more information visit http://www.researchandmarkets.com/research/gr2fx3/carboxymethyl