The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

According to The Business Research Company’s Carboxymethylcellulose CMC Global Market Report 2023, The global carboxymethylcellulose CMC market is expected to grow from $1.58 billion in 2022 to $1.67 billion in 2023 at a compound annual growth rate (CAGR) of 5.5%. The global carboxymethylcellulose (CMC) market size is expected to reach $2.02 billion in 2027 at a CAGR of 4.8%.

Asia-Pacific held the largest carboxymethylcellulose CMC market share and was the fastest-growing region in 2022.

Carboxymethylcellulose CMC Market Driver
The rise in pharmaceutical output is likely to drive the carboxymethylcellulose (CMC) industry forward. Pharmaceutical manufacturing is the process of creating pharmaceutical items such as drugs, vaccines, and other medical treatments. Carboxymethylcellulose enhances viscosity and stabilises emulsions in pharmaceutical formulations such as oral, ophthalmic, injectable, and topical. According to the European Federation of Pharmaceutical Industries and Associations (EFPIA) 2021 Highlights, a trade organisation located in Belgium, pharmaceutical production climbed by 4.64% in 2022, from $3,14,587 million in 2020 to $3,29,184 million in 2021. Furthermore, in 2021, North America accounted for 49.1 percent of worldwide pharmaceutical revenues, while Europe accounted for 23.4 percent. As a result, the rise in pharmaceutical production is propelling the carboxymethylcellulose (CMC) market forward.

View More On The Carboxymethylcellulose CMC Market Report 2023 – https://www.thebusinessresearchcompany.com/report/carboxymethylcellulose-cmc-global-market-report

Key Carboxymethylcellulose CMC Market Segments
1) By Grade: High Purity, Industrial, Technical
2) By Property: Thickening Agent, Stabilizer, Binder, Anti-Repository Agent, Lubricator, Emulsifier, Excipient
3) By Application: Food And Beverages, Oil And Gas, Cosmetics, Pharmaceuticals, Detergents, Paper Processing

Carboxymethylcellulose CMC Market Prominent Players
Major players in the carboxymethylcellulose CMC market are Ashland Inc., DKS Co Ltd., Daicel Corporation, Amtex Corp, Nippon Paper Industries Co Ltd., Akzo Nobel NV, CP Kelco US Inc., The Dow Chemical Company, Lamberti SPA, Mikro-Technik GmbH & Co KG, Zibo Hailan Chemical Co Ltd., Chongqing Lihong Fine Chemicals Co Ltd., Ugur Seluloz Kimya AS, Amar Cellulose Industries, and Foodchem International Corporation.

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Prominent Carboxymethylcellulose CMC Market Trend
Product innovation is a key trend that is gaining traction in the carboxymethylcellulose (CMC) industry. To maintain their market position, major businesses in the carboxymethylcellulose (CMC) market are introducing new innovative products. For example, Nouryon, a speciality chemical firm based in the Netherlands, launched Akupure for carboxymethylcellulose (CMC) in February 2020. AkuPure is a carboxymethyl cellulose polymer used in lithium-ion batteries. AkuPure improves the electrode coating method to improve battery power retention and delivery. AkuPure possesses unique properties that are critical to the battery manufacturing process, including as rapid dissolving and minimal insoluble content. This segment involves the ability to repeatedly charge and discharge a battery without losing performance under a variety of temperature conditions.

The Carboxymethylcellulose CMC Global Market Report 2023  provides comprehensive insights on the carboxymethylcellulose CMC market size, trends and drivers, opportunities, strategies, and competitor analysis. The countries covered in the carboxymethylcellulose CMC market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –
Carbon Dioxide Global Market Report 2023
Hydroxypropyl Methylcellulose Global Market Report 2023
Cellulose Acetate Global Market Report 2023

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