Carboxymethyl Cellulose Market Size 2024-2028

The carboxymethyl cellulose (CMC) market is poised to grow by USD 526 million at a CAGR of 5.54% between 2023 and 2028. This growth is fueled by CMC's diverse applications across industries, such as food, pharmaceuticals, oilfield, paper, and cosmetics. As a plant-derived cellulose, CMC plays a key role in food production, oilfield operations, pharmaceuticals, and more.

For more details about the industry, get the PDF sample report for free

Market Segmentation

The market is segmented based on application, grade type, and geography.

Application

• Food and Beverages
• Pharmaceutical and Cosmetics
• Oil and Gas
• Paper
• Others

Grade Type

• Highly Purified
• Technical Grade
• Industrial Grade

Geography

• APAC
  • China
  • India
• North America
  • US
• Europe
  • Germany
  • UK
• Middle East and Africa
• South America

Market Dynamics

Drivers

Health-related Benefits of Linen Products: CMC’s role as a stabilizer, thickener, and emulsifier enhances the texture and consistency of various products like milk products, dressings, ice creams, and pharmaceuticals. Its health benefits make it a critical ingredient in medical goods, cosmetics, and food.

Trends

Eco-friendly and Organic Products: There is a growing consumer preference for organic and eco-friendly carboxymethyl cellulose. The demand for sustainable products is driving the adoption of CMC in various industries, from pharmaceuticals to food, as it meets the increasing demand for healthier, eco-conscious options.

Challenges

Stringent Regulations in the Textile Industry: The textile industry's strict regulations pose challenges for the CMC market, particularly in the manufacturing process and use of CMC in textiles. However, CMC’s applications in other industries like food and pharmaceuticals continue to fuel market growth.

Get more details by ordering the complete report

Key Players

• Amar Cellulose Industries
• Allwyn Chem Industries
• Ashland 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.
• USK Kimya Inc.

Recent Developments

Allwyn Chem Industries introduced carboxymethyl cellulose products in powder form.

This report provides in-depth analysis and insights on the growth trajectory of the carboxymethyl cellulose market, identifying key drivers, trends, challenges, and competitive landscape. The forecast period from 2024 to 2028 shows positive growth for CMC in industries spanning food, pharmaceuticals, and personal care.