Worldwide Carboxymethyl Cellulose market expected to reach $1.18 Billion at a steady CAGR of 3.71% by 2020.

Date: 2016-09-12

The global Carboxymethyl Cellulose market is gaining from the surging demand in the food and beverages sector. The rising exploration activities around the world have fuelled the demand for carboxymethyl cellulose as well.

Carboxymethyl cellulose (CMC) is a highly effective additive used for improving products and their processing characteristics across various domains such as pharmaceutical, food and beverages, and other industries. It is synthesized using the alkali-catalyzed reaction. CMC is mainly used as sodium salt (NaCMC) in the market.

According to research, food and beverages accounted for the largest demand for carboxymethyl cellulose, which will propel the growth at 3.71% CAGR to $1.18 Billion by 2020. 

In addition, the increasing application of CMC in the manufacture of personal care products and the rising iron ore and mining activities will provide attractive opportunities for vendors in the carboxymethyl cellulose market.

Based on composition CMC can be broadly classified into two grades: Purified and technical. The technical grade CMC is mainly used in detergents while the purified grade finds application in food, pharmaceuticals, and personal care products. CMC is functionally used as a thickening agent, rheology modifier, stabilizer, and suspending agent. Major end-use industries of carboxymethyl cellulose are oil drilling fluids, food and beverages, personal care, detergents, paints and adhesives, mining, and textiles.

CMC can be broadly classified into two grades: 


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Joanna | Executive – International Business and partner Relations
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