dcsimg
Sun Dec 17, 2017 21:51
Login Password    Forgot password?    Member's Privilege  
 Advanced Search
   FEATURES:
   Oceanwide IR
   Gazette
   Learning
   Newsletter
   Info Center
Click here to toggle text size
Global Carboxymethyl Cellulose Market - Drivers and Forecasts by Technavio
07 Oct 2017
Business Wire

Technavio analysts forecast the global carboxymethyl cellulose (CMC) market to grow at a CAGR of almost 5% during the forecast period, according to their latest report.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171006005469/en/

Technavio has published a new report on the global carboxymethyl cellulose market from 2017-2021. (G ...

Technavio has published a new report on the global carboxymethyl cellulose market from 2017-2021. (Graphic: Business Wire)

The research study covers the present scenario and growth prospects of the global carboxymethyl cellulose market for 2017-2021. The market is segmented based on application (food and beverages, pharmaceuticals and cosmetics, oil and gas, paper, and detergent) and geography (APAC, the Americas, Europe, and MEA).

The demand for CMC from APAC is expected to be the highest among all the regions because of the rapid expansion of the food and beverages industry in this region. In addition to this, the presence of a high consumption base in the region is expected to drive the growth of the market. CMC is used majorly in packed and ready-to-eat food and is expected to grow rapidly in the pharmaceuticals and cosmetics industry. CMC is also used as a soil suspension polymer in detergents and as a lubricant for artificial tears. Research says that the development of the pharmaceutical industry and the expansion of the oil and gas industry can lead to the high demand for CMC.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

Technavio chemicals and materials research analysts highlight the following three factors that are contributing to the growth of the global carboxymethyl cellulose market:

  • Cost-effective
  • Application of CMC as a stabilizing agent
  • Rising awareness of healthy and processed food

Looking for more information on this market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Cost-effective

CMC is a cellulose derivative, produced by the catalyzed reaction of cellulose and chloroacetic acid. It is mainly used as a thickener in various applications such as food and beverages, pharmaceuticals, cosmetics, paper making, and detergents. CMC is a more cost-effective and high-performance derivative compared to other cellulose derivatives such as HPC and HEC, and other synthetic stabilizers and thickening agents that are used in pharmaceuticals, paper industries, and other applications.

Kurva Samba Sivudu, a lead specialty chemicals research analyst at Technavio, says, “This cost-effective factor has made both small-scale and large-scale manufacturers to use CMC in the medical industry. It has reduced the cost of medical dressing, extensively. Research says that CMC-based dressing has resulted in healing ulcers faster than gauze-based dressing, at a lesser cost.”

Application of CMC as a stabilizing agent

CMC is used as a viscosity improver and as a stabilizing agent in many frozen food and beverages, especially ice cream and finished wines. It avoids the use of salt ice mixers in ice creams, which reduces the cost of production, and prevents the formation of potassium bitartrate crystals, in the finished wine after bottling, thereby saving energy and processing time. Further, it results in the elimination of expensive cold stabilizers in food and beverages.

“CMC is used as a stabilizing agent in the preparation of metal nanoparticles that are used in various applications. It is used extensively in ice packs to retain a lower freezing point. The use of CMC as a stabilizing agent has led to reduced production cost and less consumption of other cooling agents, which has increased the overall demand for CMC in the global market,” adds Kurva.

Rising awareness of healthy and processed food

CMC is used as a fat replacer in ready-to-eat food that has influenced the interest of consumers. It adds thickness and texture to low-calorie food products such as fat-free ice cream. CMC extends the solubility of proteins to a certain pH level. It is mixed with whey protein concentrates to replace the use of egg protein and skimmed milk in the formation of cakes; this has reduced the fat content in various food products, especially in bakery products like cakes and biscuits.

In various processed food and healthy nutrition bars, it is used to make the food thick and creamy without adding fat to it. It is used as a low-fat ingredient in various products. Therefore, the demand for CMC is increasing in the food industry with the rising awareness of the consumption of healthy and processed food. The preference of consumers toward low-fat food containing CMC has increased, which has led to an increase in the growth of the CMC market.

Top vendors:

  • Akzo Nobel
  • CP Kelco
  • Daicel
  • NIPPON PAPER INDUSTRIES
  • The Dow Chemical

Browse Related Reports:

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

© Copyright Quamnet. All rights reserved. Republish the contents in whole or in part other than the authorized methods below, Quamnet reserves the right to proceed legal action.
Share :TwitThis   Facebook   LinkedIn       Forward to a friend
Latest News:
Hytera Supports Indonesian Masters 2017 15:59
Cogobuy Provides Business Update Seeing INGDAN.com Commercialization As Future Growth Driver 15:17
Global Rotomolding Powders Market - Trends, Drivers, Challenges, and Vendor Analysis Through 2021 | Technavio 02:03
APAC to Drive Global Automotive Wheel Speed Sensor Market | Technavio 00:23
Courtyard by Marriott Zhengzhou Airport Celebrates Grand Opening 16 Dec 2017
Babytree CEO Meets Barack Obama at GES 16 Dec 2017
HNA Holding Completes Acquisition of Singapore Company CWT Limited and Changes Name to CWT International Limited 16 Dec 2017
MHI Thermal Systems Adds Large-capacity 20HP 'HCCV2001M' Model to Lineup of Commercial Refrigeration Condensing Units That Use Natural Refrigerant 16 Dec 2017
WORLD INDEX 16 Dec 2017
Celltrion Receives Positive CHMP Opinion for Herzuma® for Trastuzumab Biosimilar 16 Dec 2017
Market Update
Watch List
Quamnet Research
Quammentary: China’s liquidity shrinking, PRC banks & RMB 15 Dec 2017
Golden Egg Portfolio: Weak USD 15 Dec 2017
First comment: auto sales volume grew 3.4% in 11M17 15 Dec 2017
Samsonite (1910): A potential weak USD beneficiary despite TUMI integration costs 14 Dec 2017
Quammentary: US interest rate progress; Euro appreciation beneficiaries 14 Dec 2017
Quamnet:

Help  |  Sitemap  |  About Us  |  Contact Us  |  Advertise with Us  |  Disclaimers  |  Privacy     
China Oceanwide International Financial Limited:
A founding member of:
MyQuamnet members get:
[Free Real Time Stock Quote] [Stock Charting Analysis] [Chart] [Hong Kong Stock Chart] [Industry Analysis] [Hong Kong Stocks Information] [Warrants] [CBBC] [Depositary Receipt] [Financial News] [Hong Kong Stock News] [US Stock News] [HKEx News] [New Stock] [Hong Kong Stocks Analysis] [Stocks Watch List] [Portfolio] [Finance Seminar] [Investment Seminar] [FOREX] [FX]
Quamnet Financial Services:
[Hong Kong Equity] [Hong Kong Stock] [Hong Kong Stock Quote] [Stock Quote] [Bid] [Ask] [Last Price] [Open] [Previous Close] [Board Lot] [Market Cap] [P/E] [P/B] [Real Time Price] [Past Prices] [Day High] [Day Low] [52 Week High] [52 Week Low] [Buy Ratio] [Sell Ratio] [Volume][Turnover] [Warrants Quote] [CBBC Quote] [Finance] [Stocks] [Investment] [Block Trades] [Chart Analysis] [Technical Indicator]
[Hong Kong Listed Companies Information] [Hong Kong Stocks Analysis] [HK Stock Quote] [Prospectus] [IPOs News] [Market Move News] [GEM] [Hang Seng Index] [HKCEI][Shenzhen A, B Index] [Shanghai A, B Index] [Hang Seng China AH Premium Index] [Forex] [Commodities Futures] [Gazette] [Commentary][Financial Columnists] [Fund House Report] [Shenzhen Stock Market] [Shanghai Stock Market] [Hong Kong Islamic Index] [Stock Trading Strategy] [Stock Monitoring Tools] [Commerce & Industry] [Financial] [Telecom, Media & Technology] [Conglomerates] [Healthcare] [Transportation] [Energy] [Property] [Utilities] [Global Alliance Partners] [Asset Management] [Securities Brokerage] [Personal Financial Advisory Solutions] [Futures] [US Stock] [ETFs] [HSI Futures] [Options] [Japanese yen] [US dollar] [Euro] [Pound sterling] [Australian dollar] [New Zealand dollar] [Canadian dollar]

Quamnet Subscription Services:
[Quam Research Main][Quam Research][Ask Quam][Columnists][Quam Wise][Market Move Signal] [Warrant Monitor][Investment Tools] [Quam Stock Monitor] [Stock Quote Ticker][Smart Database][Metastock][Quam Radar][Stable Growth Portfolio] [Aggressive Growth Portfolio][Fund Analysis][Wealth Management][Market Analysis] [Investment Base][Red Chip][H Stock][Bond][Mid - Short Term Stocks Investment Recommendations][Mid - Short Term Investors] [The Daily Perspective] [The Macro Perspective] [Economic Review] [Investment Monitoring List] [Paul Pong] [Global Market Analysis][Weekly Market Analysis][Virtual Stock Portfolio][Virtual Fund Portfolio] [Strategy updating] [Investment Strategy] [Infinity Profit] [Starman] [Knight of Stocks] [ Fong Sun Hop ] [Witty Minds] [Leon Mui] [Small-cap Sniper] [ValueNavigation][Helen Lee] [StockKing's Edict][StockKing Hui] [Thunderstock] [Roy Lau] [ Comprehensive Investment] [Fung & Joe] [Trading Universe] [Vincent Luk] [Simon Choy] [Inverse Trading] [Alvin Lai] [ Felix FX] [Felix Man]