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A significant surge in demand for pharmaceutical specialty drugs has been witnessed since the recent past, which is a key trend influencing adoption of carboxymethyl cellulose. Specialty drugs have revolutionized the medicines, aiding improvement in survival and life quality of chronic disease-affected patients. Approximately half of new FDA-approved drugs are currently deemed as specialty pharmaceuticals. The FDA has further approved carboxymethyl cellulose application as a disintegrant in pharmaceuticals, as CMC enhances effect of medicines by improving their dissolving capability.
Relative Affordability of CMC as Thickening & Stabilizing Agent in Food & Beverages Continues to Sustain its Demand
Demand for processed food & beverages will continue to rise, as fast-paced lifestyle of consumers and new business models keep transforming the overall food retail industry. CMC has been seeking extensive employment in the food & beverages industry as thickening and stabilizing agent, gaining popularity as a cost-effective alternative to other cellulose derivatives. Manufacturers are incorporating carboxymethyl cellulose as cold stabilizers in frozen food & beverage products, thereby cutting down high expenditure on other expensive cold stabilizers.
Metal nanoparticles production is another key application of carboxymethyl cellulose as a stabilizing agent, for instance – CMC is used in ice packs to retain the lower freezing point. The report estimates the function of CMC as thickener to remain sought-after among end-use industries, trailed by its function as stabilizer in terms of value as well as volume.
Carboxymethyl Cellulose Market: Preeminence of APEJ to Endure
Lucrativeness of the carboxymethyl cellulose market in Asia-Pacific excluding Japan (APEJ) will continue to remain higher than other regional segments incorporated in the report. CMC demand in APEJ’s food & beverage industry will remain robust, underpinned by the occupancy of relatively higher consumption base. Additionally, relatively higher incidence of chronic ailments in the region have led to increased demand for pharmaceuticals, thereby paving avenues for carboxymethyl cellulose. Nearly two-fifth value share of the carboxymethyl cellulose market will be held by APEJ by 2028-end.
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Inclining consumer preference toward gluten-free and low-fat food has augured well for the carboxymethyl cellulose market. Protein solubility extension and texture enhancement attributes of CMC is sought-after among food manufacturers, with ice creams being top application area.
Food and beverages industry will spearhead the carboxymethyl cellulose market, with oil drilling industry on the trail, says the Fact.MR report. Carboxymethyl cellulose is utilized in oil drilling application for protecting mud wells by acting as mud stabilizer, and water retaining agent. High viscosity and degree of substitution are other key attributes of carboxymethyl cellulose, which have led their adoption in oil drilling industry.
Inclining Preference Toward Carboxymethyl as Stabilizing Agent in Food & Beverages – A Key Trend
Carboxymethyl cellulose has been used in several frozen food & beverages as a stabilizing agent and viscosity improving agent. Finished wines and ice creams are key application areas for CMC, as it deprives the need for salt ice mixers, thereby trimming the cost of ice cream production, and it saves processing time & energy by preventing formation of the potassium bi-tartrate crystals in finished wines. Carboxymethyl cellulose’s foray as cold stabilizers in food & beverages has proved to be a monetary boon for manufacturers, by eliminating the use of expensive cold stabilizers.
Carboxymethyl cellulose also seeks adoption as stabilizing agent during the production of metal nanoparticles, which are used in various applications such as ice packs for retaining lower freezing point. Employment of carboxymethyl cellulose as stabilizing agent has curtailed the production cost and consumption of its expensive cooling counterparts, which in turn is expected to bode well for growth of the carboxymethyl cellulose market in the forthcoming years.
Table of Content:
- Executive Summary
1.1. Summarizing Key Findings
1.2. Opportunity Assessment
1.3. Strategic Review
1.4. Highlighting Action Area – Wheel of Fortune
- Global Carboxy Methyl Cellulose Market Overview
2.1. Market Introduction & Definition
2.2. Market Taxonomy and Segments Captured
- Global Carboxy Methyl Cellulose Market Outlook
3.1. Market Size (US$ Mn), Volume (MT) and Forecast, 2013-2028
3.2. Market Y-o-Y Growth
3.3. Forecast Factors and Relevance of Impact
- Global Carboxy Methyl Cellulose Market Dynamics
- Supply Chain and Value Chain Assessment
- Actionable Insights and Analysis
6.1. Cost Structure
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