Market Overview

Carboxymethyl cellulose is cellulose gum which is extracted from wood pulp and pure cotton. Cellulose gum is widely used across various industries including oil & gas, agriculture, cosmetics & personal care, paint, paper processing, pharmaceutical, food & beverages, and household care industries.

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Market Dynamics

Growing awareness regarding painting houses is encouraging consumers to spend on renovation of the house is one of the ongoing trend. This is creating demand for high performance paints and coatings. Carboxymethyl cellulose is widely used as a stabilizer and thicker in the paints. The growth of carboxymethyl cellulose is also attributed to the rapidly growing oil drilling fluids industry due to increasing urbanization and industrialization around the globe. Thus, the growing demand for paints from the oil drilling fluids industry is propelling the market growth of carboxymethyl cellulose over the forecast period.

Growing demand for functional ingredients in the food that helps in making food gluten-free and low-fat content is expected to drive the market growth of carboxymethyl cellulose. It helps in thickening and stabilizing the food and also replaces food by increasing fiber content in food. Moreover, growing demand for frozen desserts that are low in fat content and gluten-free is again expected to propel the market growth. CMC helps in preventing melting of ice creams and yogurts and maintain the texture of desserts.

Detailed Segmentation:

Global Colored PU Foam Market, By End-User:

Food & Beverage

Oil Drilling Fluids

Paper Processing

Personal Care

Paints and Adhesives

Packaging

Others


Key companies covered as a part of this study Azko Nobel N.V., Ashland Inc., CP Kelco, Daicel Corporation, The Dow Chemical Company, Lamberti S.p.A., Penn Carbose Inc., Sichem LLC, SINCOCMC Co. Ltd, and Yixing Tongda Chemical Co. Ltd.


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