Global Carboxymethyl Cellulose Market (2020 to 2024) - Size, Share, Outlook and COVID-19 Strategies - Technavio

The global carboxymethyl cellulose market size is expected to grow by USD 452.07 million during 2020-2024, progressing at a CAGR of almost 6% during the forecast period. Download latest version with COVID-19 analysis Free Sample Report

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Technavio has announced its latest market research report titled Global Carboxymethyl Cellulose Market 2020-2024 (Graphic: Business Wire)

The rising awareness about healthy food items is one of the major factors propelling market growth. However, factors such as low resistance to water and insect.

The rising awareness about the consumption of healthy and processed food items will be one of the primary factors driving the market growth. CMC cellulose helps in extending the solubility of proteins to a certain pH level. Manufacturers are extensively using CMC over egg protein and skimmed milk to prepare cakes by mixing it with whey protein concentrates. This, in turn, minimizes the concentration of fat in various food products, especially in bakery products such as pastries and biscuits. Additionally, manufacturers use CMC to avoid the addition of fat in various healthy nutrition bars and processed food. This is increasing the adoption of CMC and sodium carboxymethyl cellulose as a low-fat ingredient.

More details: www.technavio.com/report/carboxymethyl-cellulose-market-industry-analysis

Global Carboxymethyl Cellulose Market: Application Landscape

Carboxymethyl cellulose (CMC) is used in food and beverages as a food additive for various food products. It is used as a stabilizing, suspending, and thickening agent for the production of food and beverages. It controls the rheological property, structure, flavor and appearance of products, and its pseudoplastic properties. The rising demand for F&B will boost the demand for CMC during the forecast period. The carboxymethyl cellulose market share growth by the food and beverages segment will be faster than the growth of the market by the other segments.

Global Carboxymethyl Cellulose Market: Geographic Landscape

APAC was the largest carboxymethyl cellulose market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The increasing demand for food and beverages will significantly drive carboxymethyl cellulose market growth in this region over the forecast period. Over 36% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for carboxymethyl cellulose in APAC. Market growth in this region will be slower than the growth of the market in South America.

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Companies Covered

• Akzo Nobel NV
• Allwyn Chem Industries
• Ashland Global Holdings Inc.
• Barzaghi Srl
• Daicel Corp.
• DKS Co. Ltd.
• J.M. HUBER Corp.
• K.A.Malle Pharmaceuticals Ltd.
• Nippon Paper Industries Co. Ltd.
• The Dow Chemical Co.

   

What our reports offer:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers market data for 2019, 2020, till 2024
• Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

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Carboxymethyl Cellulose Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist in carboxymethyl cellulose market growth during the next five years
• Estimation of the carboxymethyl cellulose market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the carboxymethyl cellulose market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of carboxymethyl cellulose market, vendors

Table of Contents:

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Application

• Market segments
• Comparison by Application
• Food and beverages - Market size and forecast 2019-2024
• Pharmaceutical and cosmetics - Market size and forecast 2019-2024
• Oil and gas - Market size and forecast 2019-2024
• Paper - Market size and forecast 2019-2024
• Others - Market size and forecast 2019-2024
• Market opportunity by Application

Customer landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Drivers, Challenges, and Trends

• Market drivers
• Volume driver - Demand led growth
• Volume driver - Supply led growth
• Volume driver - External factors
• Volume driver - Demand shift in adjacent markets
• Price driver - Inflation
• Price driver - Shift from lower to higher priced units
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Akzo Nobel NV
• Allwyn Chem Industries
• Ashland Global Holdings Inc.
• Barzaghi Srl
• Daicel Corp.
• DKS Co. Ltd.
• J.M. HUBER Corp.
• K.A.Malle Pharmaceuticals Ltd.
• Nippon Paper Industries Co. Ltd.
• The Dow Chemical Co.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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