The Carboxymethylcellulose (CMC) Global Market Report 2023, provides comprehensive information on the carboxymethylcellulose (CMC) market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Carboxymethylcellulose (CMC) Global Market Report 2023, the market size is expected to grow from $1.58 billion in 2022 to $1.67 billion in 2023 at a compound annual growth rate (CAGR) of 5.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global carboxymethylcellulose (CMC) market size is expected to reach $2.02 billion in 2027 at a CAGR of 4.8%.
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Product innovations are a key trend gaining popularity in the carboxymethylcellulose (CMC) market. Major companies operating in the carboxymethylcellulose (CMC) market are adopting new innovative products to sustain their position in the market. For instance, in February 2020, Nouryon, a Netherlands-based specialty chemical company, launched an ingredient called Akupure for carboxymethylcellulose (CMC). AkuPure is a polymer made of carboxymethyl cellulose for lithium-ion batteries. AkuPure enhances the electrode coating procedure to improve power retention and delivery from the battery. AkuPure has specific characteristics that are essential to the battery manufacturing process, namely its quick dissolution rate and low insoluble content. This segment includes the ability to charge and discharge a battery repeatedly without losing performance under various temperature circumstances.
The carboxymethylcellulose (CMC) market is segmented:
1) By Grade: High Purity, Industrial, Technical
2) By Property: Thickening Agent, Stabilizer, Binder, Anti-Repository Agent, Lubricator, Emulsifier, Excipient
3) By Application: Food And Beverages, Oil And Gas, Cosmetics, Pharmaceuticals, Detergents, Paper Processing
Asia-Pacific was the largest region in the carboxymethylcellulose (CMC) market in 2022.
The table of contents in TBRC’s carboxymethylcellulose (CMC) market report includes:
1. Executive Summary
2. Carboxymethylcellulose (CMC) Market Characteristics
3. Carboxymethylcellulose (CMC) Market Trends And Strategies
4. Carboxymethylcellulose (CMC) Market – Macro Economic Scenario
5. COVID-19 Impact On Carboxymethylcellulose (CMC) Market
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26. Africa Carboxymethylcellulose (CMC) Market
27. Carboxymethylcellulose (CMC) Market Com
etitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Carboxymethylcellulose (CMC) Marke
29. Carboxymethylcellulose (CMC) Market Future Outlook and Potential Analysis
30. Appendix
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