Carboxymethyl Cellulose (CMC): Global Strategic Business Report

Global Carboxymethyl Cellulose (CMC) Market to Reach $3.5 Billion by 2030

The global market for Carboxymethyl Cellulose (CMC) estimated at US$2.6 Billion in the year 2022, is projected to reach a revised size of US$3.5 Billion by 2030, growing at a CAGR of 3.9% over the analysis period 2022-2030. Above 95%, one of the segments analyzed in the report, is projected to record a 4.4% CAGR and reach US$2.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the 80% - 95% segment is readjusted to a revised 3.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $711.3 Million, While China is Forecast to Grow at 6.6% CAGR

The Carboxymethyl Cellulose (CMC) market in the U.S. is estimated at US$711.3 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$732 Million by the year 2030 trailing a CAGR of 6.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2% and 3.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.6% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$467.7 Million by the year 2030.

Select Competitors (Total 57 Featured) -

• Akzo Nobel NV
• Anqiu Eagle Cellulose Co. Ltd.
• Ashland Global Holdings Inc.
• CP Kelco
• Daicel Corporation
• DKS Co. Ltd.
• Dow Inc.
• Lamberti S.p.A.
• LOTTE Fine Chemical
• Nippon Paper Industries Co. Ltd.
• Quimica Amtex S.A De C.V
• Shanghai ShenGuang Edible Chemicals Co. Ltd.
• Ugur Seluloz Kimya A.S.

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year