Cellulose Ether & Its Derivatives Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Product Type (Methyl Cellulose & Derivatives, Carboxymethyl Cellulose, Hydroxyethyl Cellulose (HEC), Hydroxypropyl Cellulose (HPC), Ethyl Cellulose (EC), and Others), By Application (Construction, Pharmaceutical, Personal Care, Food & Beverage, and Others), By Region, a
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationCellulose Ether & Its Derivatives Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Product Type (Methyl Cellulose & Derivatives, Carboxymethyl Cellulose, Hydroxyethyl Cellulose (HEC), Hydroxypropyl Cellulose (HPC), Ethyl Cellulose (EC), and Others), By Application (Construction, Pharmaceutical, Personal Care, Food & Beverage, and Others), By Region, a
Cellulose ether is a water-soluble polymer produced from refined cotton fibers through the chemical modification of cellulose. These chemical compounds are broadly used in building & construction, automotive, and electronic industries in the form of thickeners, binders, film-forming agents, lubricators, and many more. The demand for Cellulose ether & Its derivatives is surging at a rapid rate owing to the growth of end-user sectors, including personal care and prescription drugs, coupled with technological advancements in chemical synthesis of cellulose ether & its derivatives resulting in driving the growth of Global Cellulose Ether & Its Derivatives Market during the forecast period.
Increasing Utilization of Carboxymethyl Cellulose
The market scenario regarding the capacity utilization of Carboxymethyl Cellulose was evaluated, and it was found that demand for CMC is enriching year on year due to the increasing adoption of end-use products owing to the material’s mechanical strength, tunable hydrophilicity, low-cost preparation.
Growing Application across Pharmaceutical and Food & Beverage Industries
Cellulose Ether and Its Derivatives are a natural long-chain polymer with versatility across many industries, including Pharmaceutical and Food & Beverage. They are extensively used in the Pharmaceuticals and Cosmetics Industry due to their exceptional physicochemical and mechanical properties. These chemical substances are broadly consumed in the industrial formulation of dosage forms and healthcare products and play a significant role in different pharmaceuticals, such as osmotic drug delivery systems, bio adhesives, compression tablets, and many other end-use applications.
Recent Trends and Developments
Nouryon, which is one of the leading global suppliers to the Paints and Coatings end-market, providing cellulose ether and various other engineered polymers with multiple production units located across China and several regions of Europe like the Netherlands, Finland, Germany, and Sweden, has considered several locations in Southeast Asia for diversification of its Product Portfolio due to more significant business opportunities as compared to other regions. The start-up of the production facility is anticipated to produce at a capacity of 15-20 kilotons. It will expand Nouryon’s Bermocoll business, which delivers ethyl hydroxyethyl cellulose (EHEC) and other necessary ingredients to the various end-user industry.
Market Segmentation
Global Cellulose Ether & Its Derivatives Market is segmented based on Product Type, Application, and regional distribution. Based on Product Type, the market is further segmented into Methyl Cellulose & Derivatives, Carboxymethyl Cellulose, Hydroxyethyl Cellulose (HEC), Hydroxypropyl Cellulose (HPC), Ethyl Cellulose (EC), and Others. Based on Application, the market is fragmented into Construction, Pharmaceutical, Personal Care, Food & Beverage, and Others. The market analysis also studies the regional segmentation divided among the North American, European, Asia-Pacific, South American, Middle East & African regions.
Market Players
The Dow Chemicals Company, Akzo Nobel N.V., Shin-Etsu Chemical Co., Ltd., Ashland Global Specialty Chemicals Inc., Daicel FineChem Ltd., Lotte Fine Chemicals Company, DSK Co. Ltd., China Ruitai International Holdings Co. Ltd., Fenchem Biotek Ltd., Nouryon Chemicals Holding B.V.are some of the major market players in Global Cellulose Ether & Its Derivatives Market.
Attribute | Details |
Base
Year | 2022 |
Historical
Years | 2018 –
2021 |
Estimated
Year | 2022 |
Forecast
Period | 2023 – 2028 |
Quantitative
Units | Revenue
in USD Million, Volume in Tonnes, and CAGR for 2018-2022 and 2023-2028 |
Report
Coverage | Revenue
forecast, company share, competitive landscape, growth factors, and trends |
Segments
Covered | Product
Type Application |
Regional
Scope | North
America; Europe; Asia Pacific; South America; Middle East & Africa |
Country
Scope | United States, Mexico, Canada, Spain, United Kingdom, Germany,
Italy, France, Netherlands, Russia, Belgium, China, South Korea, India, Japan,
Australia, Taiwan, Indonesia, Brazil, Colombia, Argentina, South Africa,
Saudi Arabia, UAE, Turkey |
Key
Companies Profiled | The Dow Chemicals Company, Akzo Nobel N.V.,
Shin-Etsu Chemical Co., Ltd., Ashland Global Specialty Chemicals Inc., Daicel
FineChem Ltd., Lotte Fine Chemicals Company, DSK Co. Ltd., China Ruitai
International Holdings Co. Ltd., Fenchem Biotek Ltd., Nouryon Chemicals
Holding B.V. |
Customization
Scope | 10%
free report customization with purchase. Addition or alteration to country,
regional & segment scope. |
Pricing
and Purchase Options | Avail customized purchase options to meet your exact research
needs. Explore purchase options |
Delivery
Format | PDF and Excel through
Email (We can also provide the editable version of the report in PPT/pdf
format on special request) |
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