Cellulose Ether Market Size Worth USD 3.87 Billion 2032| CAGR of 4.6%

According to a new report by Reports and Data, the global cellulose ether market is expected to reach USD 3.87 Billion by 2032. Cellulose ether is produced by chemical treatment and reaction of etherifying agents with wood fiber or refined short cotton fiber, such as chlorinated ethylene, chlorinated propylene, and oxidized ethylene.

The increasing use of cellulose ether in the construction and food & beverages industry is expected to drive market demand in the forecast period. It is used as thickeners, binders, stabilizers, film formers, and water retaining agents in various construction activities. Methyl cellulose, for example, is entirely nontoxic, odorless, tasteless, and a proper adhesive for food packaging. Cellulose ether is also used as a thickening agent in water-soluble adhesives.

Growth in the oil and rig drilling activities is expected to increase demand for cellulose gum in the upcoming years. The drilling fluid additive is mainly used for fluid-loss control and is produced by reacting natural cellulose with monochloroacetic acid and sodium hydroxide to form CMC sodium salt.

Get a sample copy of the cellulose ether market report: https://www.reportsanddata.com/download-free-sample/1553

industry and also as thickeners that are being used in the production of paints & coatings as a substitute to cellulose ether, may hamper the growth of the market in the forecast period. The emission of various harmful pollutants in the environment may also restrain market growth.

The report further suggests that carboxymethyl cellulose (CMC) held the largest market share in 2020 and is expected to maintain its market leadership over the forecast period with a growth rate of 6.2%. The powdered form held the largest market size in 2020 and is projected to have a modest growth rate in the forecast period. The food & beverages industry is expected to grow at the fastest rate in the forecast period due to a rapid increase in the consumption of processed food, mainly attributed to the rise in the level of disposable income of people in developing countries.

The Asia Pacific region contributed to the largest market share in 2020 and is expected to grow at a rate of 6.2% in the forecast period, owing to the considerable consumption of cellulose ether in the food & beverages, pharmaceuticals, and cosmetics industries in the region.

Key participants in the market include: 

·        The DOW Chemical Company

·        AkzoNobel

·        Ashland Inc.

·        Daicel Finechem Ltd.

·        Lotte Fine Chemicals

·        DKS Co. Ltd.

·        CP Kelco

·        FenChem Biotech Ltd.

·        Samsung Fine Chemicals

·        Reliance Cellulose Products Ltd.

The global cellulose ether market has been segmented by Reports and Data based on product type, form, applications, and region. The report provides detailed market analysis of each segment, including volume and revenue projections from 2020-2032. The regions covered in the report include North America, Europe, Asia Pacific, Latin America, and MEA.

Cellulose Ether Market: Drive Factors

The global cellulose ether market is expected to grow and reach USD 3.87 Billion by 2032, driven by various factors such as increasing use of cellulose ether in the construction and food & beverages industries as thickeners, binders, stabilizers, film formers, and water retaining agents. Additionally, the growth in oil and rig drilling activities is expected to increase the demand for cellulose gum in the upcoming years. Carboxymethyl cellulose (CMC) is the largest market share holder in the cellulose ether market and is expected to maintain its position during the forecast period. The powdered form of cellulose ether holds the largest market size and is projected to have modest growth in the forecast period. The Asia Pacific region contributes to the largest market share in 2020 and is expected to grow at a rate of 6.2% in the forecast period. However, the availability of substitutes such as guar gum in the food & beverage industry and as thickeners used in the production of paints & coatings may hamper the growth of the market in the forecast period. Additionally, the emission of harmful pollutants in the environment may also restrain market growth.

Explore Trending Reports:

Corn Fiber Market-https://www.reportsanddata.com/report-detail/corn-fiber-market

Green Hydrogen Market-https://www.reportsanddata.com/report-detail/green-hydrogen-market

Retort Packaging Market-https://www.reportsanddata.com/report-detail/retort-packaging-market

Downhole Tools Market-https://www.reportsanddata.com/report-detail/downhole-tools-market

Grinding Aids For Cement Market-https://www.reportsanddata.com/report-detail/grinding-aids-for-cement-market

Request a customization of the report: https://www.reportsanddata.com/request-customization-form/1553

Thank you for reading our report. To know more about the customization or any query about the report contents, please connect with us and our team will ensure the report is tailored to meet your requirements.

About Reports and Data    

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behaviour shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

John W

(Head of Business Development)

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

Blogs | Press Release | Industry News | Our competencies

Browse More Upcoming Reports @ https://www.reportsanddata.com/upcoming-reports

Browse More Latest Reports @ https://www.reportsanddata.com/report

Browse Latest Blogs: https://www.reportsanddata.com/blogs

Browse Latest Press Release: https://www.reportsanddata.com/press-release

Comments

Post a Comment

Popular posts from this blog

Logistics Automation Market Size Worth USD 211.38 Billion 2032 | CAGR of 14%

The global logistics automation market size was USD 64 Billion in 2022 and is expected to reach USD 211.38 Billion in 2032, and register a rapid revenue CAGR of 14 % during the forecast period. Rapid expansion in the e-commerce business and technological breakthroughs, such as Internet of Things (IoT), Artificial Intelligence (AI), and robotics are major factors driving market revenue growth. In the contemporary corporate environment, requirement for effective and timely delivery of goods has increased. Businesses are seeking for ways to optimize their logistics operations to boost production and cut expenses. Logistics automation aids businesses in achieving these objectives, by automating various processes, including order processing, inventory management, and transportation management. Get a sample copy of the Logistics Automation Market report, visit: https://www.reportsanddata.com/sample-enquiry-form/1600 Further key findings from the report suggest Based on end-u...
Read more

Bitumen Membranes Market to Exceed Valuation of USD 3.74 Billion by 2027

According to a recent report by Reports and Data, the global bitumen membranes market is projected to reach USD 3.74 billion by 2027, with a compound annual growth rate (CAGR) of 4.8%. Bitumen membranes are designed to provide waterproofing and coverage for industrial and residential buildings. These membranes consist of highly viscous, elastic, and waterproof organic liquids. They are commonly used as roofing systems to prevent leaks and facilitate water drainage on nearly flat or level roofs. Bitumen membranes have various applications, including humidification, waterproofing, binding, rust-proofing, joint filling, and crack formation. The demand for these products is expected to steadily rise in road expansion, infrastructure rebuilding, and the construction of buildings and bridges. The growing demand from the building sector, driven by environmental regulations and the affordability of roofing systems, has contributed to the increased production of polymer-modified bitumen (PMB)....
Read more

Industrial Tubes Market Size Worth USD 1,406.92 Billion By 2032

  Market Overview The global market for industrial tubes had a value of USD 550 billion in 2022 and is projected to reach USD 1,406.92 billion by 2032, with a rapid compound annual growth rate (CAGR) of 11% during the forecast period. The growth of the market is driven by increasing demand for industrial tubes across various end-use sectors such as oil & gas, construction, and automotive. Manufacturers are focusing on developing new and innovative products to meet the rising demand for environmentally-friendly and energy-efficient industrial tubes. One of the prominent end-use markets for industrial tubes is the oil & gas sector. The demand for pipelines due to the increasing demand for oil & gas leads to a higher price for industrial tubes. The construction industry is another major consumer of industrial tubes, driven by the growing construction activities, particularly in emerging economies, for applications such as HVAC systems, water supply systems, and sewage...
Read more