Global Carboxymethyl Cellulose Sodium Market By Application (Oilfield, Paper & Pulp, Detergents, Mining and Others), By End-Use (Food & Beverages, Healthcare, Textile, Cosmetics & Personal Care and Others), By Grade (Highly Purified, Technical Grade, Industrial Grade) and By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 – 2030
Industry Perspective
The Carboxymethyl Cellulose Sodium Market size was worth around USD 1.56 billion in 2021 and is predicted to grow around USD 2.54 billion by 2030 with a compound annual growth rate of roughly 3.9% between 2022 and 2030.
Market Overview
Carboxymethyl cellulose Sodium is used in multiple industries such as food and beverages, paint & textile, cosmetics & personal care, paper coating, and many more. Carboxymethyl cellulose sodium has properties such as a binder, anti-repository agent, emulsifier, excipient, and others. It comes in three grades such as highly purified, technical grade, and industrial grade.
The most predominant natural biopolymer, cellulose is chemically made up of glucose subunits. The majority of plants, algae, and some microbes are made of it. They have several efficient applications in science and technology, such as cellulose-based electrolytes, high-performance composite materials, and biomedical qualities. It is also used as an organo-clay exfoliated cellulose with improved tensile strength and mechanical properties, they have gained a great deal of significance. It is typically insoluble in water, but chemical processing adds additional characteristics and enhances the material's natural qualities.
Sodium carboxymethyl cellulose (CMC), hydroxyethyl cellulose (HEC), ethyl cellulose (EC), methyl hydroxyethyl cellulose (MHEC), hydroxypropyl methyl propyl cellulose and hydroxypropyl cellulose (HPC) are some of the most significant derivatives of cellulosic, that is driving the carboxymethyl cellulose sodium market growth.
In various industries, CMC is widely used as a fine chemical material. Due to its important characteristics, such as good solubility, its toxicologically safe nature, and high chemical stability, it is used in a variety of industries around the world. It is also used in beverage, food, health, and personal care products, pharmaceutical, agriculture/animal feed/poultry, detergents, mining flotation, paper making, oil drilling, and textile.
Key Insights
- As per the analysis, the sodium carboxymethyl cellulose market size was valued at around USD 1.56 billion in 2021 and is projected to reach USD 2.58 billion by 2030 with a CAGR of 3.9%. Due to a variety of driving factors, the market is predicted to rise at a significant rate
- Based on application, the mining segment was predicted to show maximum market share in the year 2021
- Based on end-use, the food & beverages segment was the leading revenue-generating in 2021
- On the basis of grades, the technical grade segment was dominating the market share in the year 2021
- On the basis of region, Asia Pacific was the leading revenue generator in 2021
Increasing Demand for Gluten Free Product
Cellulose nanocrystals (CNC) are a low-calorie food additive substitute and are frequently used in low-calorie and gluten-free meals. The demand for gluten-free and low-calorie food products is being driven by consumers' growing knowledge of the potential drawbacks of consuming these substances. This is also the element driving the demand for carboxymethyl cellulose.
Furthermore, gluten-free food options are thought to be healthier than the ones that can help in weight loss. In accordance with a food industry magazine article, 25% of the public is extremely careful about gluten intolerance, and 24% of people from 22 nations reported avoiding gluten in their diets. This element is anticipated to increase consumer demand for gluten-free products and further fuel the industry.
Growing Demand for Detergent Manufacturing
Due to its outstanding anti-soil redepositing property, the sodium derivative of carboxymethyl cellulose is widely used in detergent production. Additionally, it functions in detergents as a skin and texture protector, practical suspender, stabilizer, homogenizer, and color retention agent.
The oil and filth are absorbed by the emulsifying, good thickening, and dispersing effect, which also keeps the oil from coming into touch with the surface being washed. Due to their remarkable qualities, detergents and cleaning products are in high demand, which is projected to fuel the Carboxymethyl cellulose sodium market expansion.
Segmentation Analysis
Based on application, the market is categorized into oilfield, paper & pulp, detergents, mining, and others. The mining segment dominates the market share owing to the significant crude oil extraction industry in the Middle East is anticipated to fuel rising demand for detergents and oil drilling fluid. The demand in the region is predicted to be driven by rising oil drilling activity in response to the rising demand for crude oil and petroleum products globally.
Depending on the industry, carboxymethyl cellulose is employed in the food sector as an emulsifier, thickener, and stabilizer. It is mostly used to increase the water retention of bakery goods including bread, pasta, and cakes. Utilizing its high viscosity property, sodium carboxymethyl cellulose also aids in reducing oil immersion by lowering the fat content from 30% to 50%.
On the basis of purity, the market is categorized into highly purified, technical grade, and industrial grade. The highly purified carboxymethyl cellulose has the highest amount of market share and is expected to retain its dominance for the forecasted period. It is used as a stabilizer, thickener agent, and emulsifier. Technical grade is used in adhesives, coatings, textiles, pulp & paper, and other industries applications. The industrial grade of carboxymethyl cellulose is used in detergent, petroleum industries, and detergent.
Recent Development
June 2020- Nouryon, a specialty chemical, and consumer goods company acquired J.M. Huber Corporation, a carboxymethyl cellulose (CMC) manufacturer it has a geographical presence in 80 countries and generates annual sales of about €135 million.
March 2019- Nippon Paper Industries Co., Ltd. announced that it would invest roughly 4.7 billion yen in the development of a new plant for the production of the functional cellulose product carboxymethyl cellulose.
Regional Landscape
Asia Pacific is Dominating the Market Share Owing to The Increased Demand
The APAC region with the highest expectations for sodium carboxymethyl cellulose consumption, followed by North America and Europe. In the Asia Pacific region, India and China are anticipated to be the two biggest users of sodium carboxymethyl cellulose. In Asia Pacific, sodium carboxymethyl cellulose is highly demanded by end users in the personal care, food & beverage, and paper processing industries. Other significant sodium carboxymethyl cellulose users in the Asia Pacific region are anticipated to be Vietnam, Malaysia, Singapore, and the Republic of Korea.
For the treatment of bioengineered carboxymethyl cellulose-doxorubicin, melanoma skin cancer is now being used as topical chemotherapy. This prodrug made of CMC and DOX is showing promise in applications for melanoma-related skin diseases.
Competitive Landscape
Major key players in the carboxymethyl cellulose sodium industry are Nouryon, Chongqing Lihong Fine Chemicals Co., Ltd., Ashland, Changshu Wealthy Science and Technology Co., ltd., Xuzhou Liyuan cellulose Technology Co. Ltd., Ashland Inc, DKS Co ltd, CP Kelco U.S., Inc., The Dow chemical company, amongst others.
The global carboxymethyl cellulose sodium market is segmented as follows:
By Application
- Oilfield
- Paper & Pulp
- Detergents
- Mining
- Others
By End-Use
- Food & Beverage
- Healthcare
- Textile
- Cosmetics & Personal Care
- Others
By Grades
- Highly Purified
- Technical Grade
- Industrial Grade
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Reunion
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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Global Carboxymethyl Cellulose Sodium Market By
- November-2022
- 148
- Global
- healthcare-medical-devices-biotechnology
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