According to the research report titled ‘Global Carboxymethyl Cellulose (CMC) Market 2022-2028’, available with MarketStudyReport, global carboxymethyl cellulose (CMC) market was worth USD 1479 million in 2021 and is anticipated to grow with a CAGR of 4.3% during 2022-2028 to reach USD 1985 million valuation by the year 2028.

Report findings suggest that carboxymethyl cellulose (CMC) market growth is creditable to widespread product adoption in various sectors including food & beverages, textile, household & homecare, and pharmaceutical.

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For the unversed, CMC (carboxymethyl cellulose) is an anionic, water-soluble polymer produced from cellulose with properties like adhesion, water absorption, and water retention. Commercially, CMC is made in a two-stage process that begins with mercerization and ends with etherification. It is supplied commercially as sodium salt (Na-CMC), known as sodium carboxymethyl cellulose.

Notably, CMC can be used in several ways including as a thickening agent, emulsifier, and lubricating agent among others, which is augmenting the industry outlook. However, lack of raw material to produce enough CMC may stifle the market growth in the
coming years.

The report also provides crucial insights on various segments and their respective contribution in the development of worldwide carboxymethyl cellulose market. Additionally, the trends studied across key geographies are also mentioned in the study literature with their drivers and generated revenue.

Based on product terrain, the market is split into technical grade CMC and highly purified CMC. In terms of application, the industry is branched into excipient, emulsifier, lubricator, anti-repository agent, binder, stabilizer, and thickening agent. On the basis of end-user, the marketplace is divided into textile, household & home care, paper, personal care & cosmetics, pharmaceuticals, oil & gas, food & beverages, and others.

Ugur Seluloz Kimya A.S., Shandong Yiteng New Material Co., Ltd., Shandong Landu New Material Co., Ltd., Química Amtex S.A., Nippon Paper Industries Co., Ltd., Lamberti S.P.A., Dow Chemical Company, DKS Co., Ltd., Daicel Corporation, CP Kelco ApS, Changzhou Guoyu Environmental S&T Co., Ltd., Ashland Global Specialty Chemicals, Inc., and Akzo Nobel N.V. are the leading players in global carboxymethyl cellulose marketplace.