The Global Carboxymethyl Cellulose Market accounted for USD 1.4 billion in 2017 and is projected to grow at a CAGR of 4.8% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015, 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Carboxymethyl Cellulose Market By Application (Food & Beverages, Pharmacueticals, Cosmetics, Oil & Gas ,Paper Industry, Detergents) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2025
This report consists of below pages:
• No of pages : 350
• No of Figures: 60
• No of Tables: 220
The Global Carboxymethyl Cellulose Market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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Carboxymethyl Cellulose is a cellulose derivative with carboxymethyl groups (-CH2-COOH) bound to some of the hydroxyl groups of the glucopyranose monomers that make up the cellulose backbone. It is often used as its sodium salt, sodium carboxymethyl cellulose. There is a growing demand for Carboxymethyl Cellulose in pharmaceutical and cosmetics industry which is expected to be one of the major drivers of the market over coming years.
Major Market Drivers and Restraints:
• Growing Demand for Processed Food
• Increasing Number of Oil Drilling Activities
• Growth of Pharmaceutical and Cosmetics Production
• Emergence of Substitutes in Various Applications
• On the basis of application, the market is segmented into Food & Beverages, Pharmaceuticals, Cosmetics, Oil & Gas, Paper Industry, Detergents.
• On the basis of geography, the Carboxymethyl Cellulose Market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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