Preliminary research of Fairfield Market Research indicates a promising growth outlook for global carboxymethyl cellulose market during the course of next few years.
Opportunities to Flock Carboxymethyl Cellulose Market as CMC Gains Prominence as a Stabilizing Agent in Food Industry
Widespread demand in frozen beverages, and food products as an effective viscosity enhancing and stabilizing agent continues to drive carboxymethyl cellulose market growth to a significant extent. Finished ice cream products are few of the critical application areas of carboxymethyl cellulose as it eliminates the necessity of salt ice mixers and churners, in turn reducing the cost of production of ice creams, along with trimming the processing time and energy required for the production and avoiding the formation of ice crystals. This improves the melting resistance and enhances the colour, taste, and smoothness of the product. Additionally, it also increases the volume of ice cream, thus making it look appealing to end consumer.
In addition, the use of carboxymethyl cellulose as an effective cold stabilizer in the food and beverage application has provided a monetary advantage to manufacturers by preventing the adoption of expensive cold stabilizers. Moreover, growing demand for convenience and ready-to-cook food products such as bakery products, premixes, quick frozen food, and sauces is triggering the use of CMC, in turn bolstering growth of the carboxymethyl cellulose market. Furthermore, carboxymethyl cellulose (CMC) is also used as stabilizing agent in the manufacturing of metal nanoparticles that are in demand for several applications including ice packs for maintaining lower freezing point. In this backdrop, rising need for CMC as stabilizing agent and its benefit in curtailing production costs is expected to augur well for the carboxymethyl cellulose market growth in the forthcoming years worldwide.
Rising Consumption of Gluten-free Products Likely to Fuel Sales in Carboxymethyl Cellulose Market
On the back of it efficient stabilizing and thickening property, carboxymethyl cellulose is witnessing surging demand from the gluten-free space. Carboxymethyl cellulose acts as a fat replacer which has pushed its use in the production of gluten-free baked products and reduced fat foods. It acts as a substitute for gluten by providing the needed volume and viscosity to the dough to produce breads. Individuals suffering from gluten allergies or intolerance are likely to develop celiac diseases. That said, the use of CMC in gluten-free products, particularly for gluten intolerant consumers is witnessing an upswing. Additionally, gluten-free products are deemed healthier that can facilitate fat and weight loss. Thus, growing awareness regarding negative effects of consuming gluten and fats continues to influence the demand for their gluten-free counterparts, consequently driving the growth of the carboxymethyl cellulose market.
Hydrogels Derived from CMC Integration to Create Potential Opportunities in Carboxymethyl Cellulose Market
Hydrogels are a much sought after products used in biomedical engineering applications such as wound dressing, drug delivery, antibacterial and tissue engineering agents. Moreover, 3D bioprinting is gaining traction as a revolutionary breakthrough for production of in vitro production of 3D functional living tissue. In wake of this scenario, researchers are putting efforts to develop hybrid hydrogels by using carboxymethyl cellulose. For instance, research individuals from Industrial and Manufacturing Engineering Department and Pharmaceutical Sciences Department of the North Dakota State University have researched and come up with a new hybrid hydrogel which is integrated with carboxymethyl cellulose and sodium alginate. This hybrid product has demonstrated improved effectiveness the 3D bioprinting application. It is being considered as a potential biomaterial for commercial fabrication of functional tissue scaffold in 3D bioprinting processes. This factor is likely to offer new opportunities for the carboxymethyl cellulose market in the near future.
Proliferating Demand for CMC from Personal Care Industry to Increase Significantly
Cosmetic and personal care products are expected to generate momentous opportunities for carboxymethyl cellulose market. Carboxymethyl cellulose is gaining traction as a thickening agent even in cosmetics. Also, owing to the polymeric structure of the product, CMC is used in cosmetic industry as a film foaming agent and enhance the moisturizing effect of cosmetic creams. In addition, the use of carboxymethyl cellulose in toothpastes is gaining impetus. On the back of its rheological profile and high water retention property, CMC is widely used in toothpaste formulations to develop smooth texture and mouth feel. In this backdrop, growing cosmetics and personal care product sector coupled with increasing use of CMC in cosmetic formulations is poised to complement growth of the carboxymethyl cellulose market.
Other applications of carboxymethyl cellulose such as its use in the manufacturing of detergents also contribute towards market growth. Carboxymethyl cellulose possesses superior anti-soil redepositing properties. It also acts as colour retaining agent, particle suspender, texture protector, homogenizer, and stabilizer in detergents. Excellent dispersing and emulsifying effect provided by CMC carries out effective absorption of dirt particles and oil, thus preventing it from encountering washed surfaces. Thus, high demand for home cleaning products and detergents is expected to bode well for the carboxymethyl cellulose market.
Asia Pacific to Hold a Significant Revenue Share in Carboxymethyl Cellulose Market
Developing nations across Asia Pacific are projected to showcase high growth potential apropos to use of carboxymethyl cellulose. This can be attributed towards growing food and beverage and cosmetics industries coupled with rising demand for convenience food products. Furthermore, carboxymethyl cellulose derived from agricultural waste is gaining high steam in Asian countries. CMC derived from agri-wastes hold high potential in sustainable packaging due to their biodegradability. That said, with bans on the adoption of single-use plastics in packaging, agri-waste derived CMC is likely to gain more space in the packaging sector in the region. Other macro factors such as growing customer pool, factorable business environment and availability of raw material have attracted various industries that are involved in manufacturing products that require CMC. This aspect remains instrumental in driving market growth in Asia and manufacturers can expect an optimistic business scenario in the forthcoming years.
Carboxymethyl Cellulose Market: Competition
A few of the major players in carboxymethyl cellulose market include Nouryon Holding B.V., CP Kelco, DuPont de Nemours Inc., Ashland Inc., Daicel Corporation, and Dow Chemical Company.
The Global Carboxymethyl Cellulose Market Is Segmented As Below:
By Purity Level
Key Elements Included In The Study: Global Carboxymethyl Cellulose Market
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