The Carboxymethyl Cellulose Market study provides comprehensive data on aspects of competitive intelligence, market research, strategy, planning, pricing and forecasting that enhances the understanding, scope, and application of this report.
Global Carboxymethyl Cellulose market size will increase to 2320 Million US$ by 2025, from 1780 Million US$ in 2018, at a CAGR of 3.9% during the forecast period.
The major key players covered in this report:
CP Kelco, Lihong, Ashland Global Holdings Inc. (NYSE:ASH) (US), Akzo Nobel N.V. (OTC:AKZOY) (Netherlands), Wealthy, ShenGuang, Yingte, Lude Chemical, Quimica Amtex, Ugur Seluloz Kimya AS, Anqiu Eagle Cellulose, DKS, Xuzhou Liyuan, Fushixin, DuPont de Nemours, Inc. (NYSE:DD) (US), Maoyuan, Daicel Corporation (OTC:DACHF) (Japan), Nippon Paper Industries, Lamberti, etc.
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In 2017, the global market for carboxymethyl cellulose was 583,782 tons, which is expected to increase by 4.47% from 2018 to 2024. In 2017, the global market value of carboxymethyl cellulose was 1599.2 million US dollars, and it is expected to reach 2254.28 million US dollars in 2024. In general, the market demand for carboxymethyl cellulose is stable. Owing to development in emerging fields such as food and pharmaceutical, the CMC market will be in stable growth in the future.
The market size of sodium carboxymethyl cellulose is large; however, the concentration of CMC is not quite high. From a regional perspective, CMC’s production is mainly distributed in Asia and Europe. The supply of carboxymethyl cellulose in North America and elsewhere is heavily dependent on these regions for import. CP Kelco is the world’s largest supplier of sodium carboxymethyl cellulose in 2017, with a production of 87,691 tons, accounting for 15.02% of global production.
This report segments the global Carboxymethyl Cellulose Market based on Types are:
Purity (99.5 %+), Purity (90%-99.5%), Purity (50%-90%).
Based on Application, the Global Carboxymethyl Cellulose Market is Segmented into:
Food Industry, Paper Industry, Textile Industry, Detergent Industry, Cosmetics Industry, Pharmaceutical Industry.
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In June 2019, Ashland Global Holdings Inc. (NYSE:ASH) (US) announced an amendment to the purchase agreement for the sale of its Composites business and butanediol (BDO) manufacturing facility in Marl, Germany to INEOS Enterprises. Ashland`s maleic business consists of one facility in West Virginia which generates annual revenue of approximately $75 million.
In December 2019, DuPont de Nemours, Inc. (NYSE:DD) (US) recently announced that it has exercised the option to acquire all outstanding shares of OxyMem Limited. The transaction is slated to close before Dec 31, 2019. The company already owns 31% of OxyMem.
Regions covered By Carboxymethyl Cellulose Market Report.
North America: United States, Canada, and Mexico.
Central and South America: Brazil and Argentina.
The Middle East and Africa: Saudi Arabia, and Turkey.
Europe: Germany, France, UK, Italy, Spain, and Russia.
Asia-Pacific: China, India, Japan, South Korea, Australia, Indonesia, and Singapore.
These segments are thoroughly evaluated on an individual basis and a team of analysts has ensured to give a crystal clear idea about various lucrative segments of the industry. This detailed analysis of segmentation help in offering precise results about the markets related to the industry.
The report has 150 tables and figures browse the report description and TOC:
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