Carboxymethyl Cellulose (CMC) Market is expected to develop at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2034

• The market for carboxymethyl cellulose (CMC) market is expected to develop at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2034, from its estimated USD 1.84 billion in 2023 to USD 2.89 billion by 2034.
• A cellulose derivative that has been modified to increase its solubility and utility in a variety of applications is carboxymethyl cellulose (CMC), commonly referred to as cellulose gum. Chemically, CMC can be identified by its white or slightly yellow powder form, which is odorless and non-toxic.

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GROWTH DRIVERS

• One of the primary drivers of the market's growth is the extensive use of CMC in the food industry. It serves as a thickener, stabilizer, and emulsifier in a range of culinary products. Because it improves texture and mouthfeel while enhancing product stability, CMC has become more and more popular as the demand for processed foods, including ready-to-eat meals, sauces, and baked products, has increased.
• The awareness of celiac disease and gluten intolerance is growing among consumers. Consequently, a considerable proportion of people are opting for gluten-free diets. Because it improves the dough's rheological properties—which include providing it the volume and viscosity that gluten is meant to provide—CMC is crucial for gluten-free baking.

MARKET SEGMENTATION:

By Purity Grade -

·?????????High Purity Grade (Above 99.5%)

·?????????Technical Grade (90-99.5%)

·?????????Industrial Grade (Below 90%)

By Property -

·?????????Thickening Agent

·?????????Stabilizer

·?????????Binder

·?????????Anti-Repository Agent

·?????????Lubricator

·?????????Emulsifier

·?????????Excipient

By Application -

·?????????Food & Beverages

·?????????Pharmaceuticals & Cosmetics

·?????????Oil & Gas

·?????????Pulps and Papers

·?????????Detergents and Laundry

·?????????Other Applications (Mining, Paints and Coatings, Construction, Textile Processing, Adhesives, Ceramic)

By Region -

·?????????North America

·?????????Europe

·?????????Asia Pacific

·?????????Latin America

·?????????Middle East & Africa

Key Players:

·?????????AKZO Nobel N.V.

·?????????CP Kelco U.S., Inc.

·?????????UGUR Seluloz Kimya A.S.

·?????????Química Amtex S.A. De C.V.

·????????The DOW Company

·?????????DKS Co. Ltd.

·?????????Nippon Paper Industries Co. Ltd.

·?????????Daicel Corporation

·?????????Ashland Inc.

·?????????Lamberti S.P.A

·?????????Other Key & Niche Players

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