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Carboxymethyl cellulose (CMC), also called cellulose gum or tylose, is a water-soluble cellulose derivative bound by carboxymethyl groups along the polymer chain. When dissolved, CMC acts as a thickener and stabilizer. Besides controlling the rheology, CMC is known for its excellent water-binding capacity, protein protection ability, and film-forming properties, which leads to its usage in food, mining, oil, paper, and several other industries. CMC is utilized in pharmaceutical industry for formation of gels, emulsions, sprays, fake tears and as a bio-adhesive for ceramic implants. CMC is a very popular stabilizer used in the preparation of ice cream, as it brings decrystallization of the colloid.
Key factor expected to drive the carboxymethyl cellulose market is the surge in demand for ready-to-consume (RTC) food and beverages. The surge in demand from the youth for on-the-go products has led several food manufacturing companies to develop ready-to-consume (RTC) food and beverages. These products are expected to have prerequisite thickness and consistency. As CMC is a popular thickening and stabilizing agent, its demand is increasing to fulfill the requirements of RTC food and beverage manufacturers.
Key Market Driver -
Surge in demand for ready-to-consume (RTC) food and beverages fueling the demand for CMC as a stabilizing agent
Key Market Restraint -
Use of lower grade CMC in food industry causes harmful effects in humans
Although CMC is widely used in food products, hence, usage of lower grade CMC in food products has led to allergies and diarrhea in humans. CMC is a gum that is indigestible, like other dietary fibers. Thus, usage of the lower grade CMC causes harmful effects inside the body. This factor is expected to reduce the use of CMC by consumers in their food products.
By grade, the market is segmented into technical grade, semi-purified grade, and purified grade. Based on end-use industry, the market is segmented into food & beverages, pharmaceuticals, construction, cosmetics & surfactants, paper, oil, paints & adhesives, and others.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
The major companies in the global carboxymethyl cellulose (CMC) market report includes CP Kelco, AkzoNobel, Ashland Inc., The Dow Chemical Company, USK Kimya Corporation, Arshine Pharmaceutical Co., Merck KgaA, Sercalia, Nippon Paper Group, PACMC Manufacturing Co. Ltd., and Jining Fortune Biotech Co. Ltd.
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The global carboxymethyl cellulose market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific leads the global market for carboxymethyl cellulose, owing to its positive outlook towards all the major end-use industries wherein CMC is utilized. The booming food and beverage industry in this region primarily fuels the demand, complemented by the demand from cosmetic manufacturers in the region. North America market is also showing steady growth owing to the demand of CMC for oil drilling and pharmaceutical applications. The market in Europe is expanding on the back of the thriving cosmetic industry in the region. The market in Latin America and the Middle East & Africa is expected to show growth owing to the CMC manufacturers turning their attention towards these countries due to their resource abundance.
By End-Use Industry
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