by A recent preliminary research report from Fairfield Market Research has shed light on the promising growth prospects of the global carboxymethyl cellulose (CMC) market in the coming years. CMC, a versatile cellulose derivative, is experiencing a surge in demand across various industries, driving its market growth to new heights.
Flocking the Carboxymethyl Cellulose Market as a Stabilizing Agent in the Food Industry
One of the key drivers of the CMC market is its widespread use in the food and beverage sector. CMC serves as an effective viscosity enhancer and stabilizing agent in various food products, including frozen beverages and ice cream. Its inclusion in ice cream formulations eliminates the need for salt ice mixers and churners, resulting in cost savings, reduced processing time, and improved product quality. Additionally, CMC acts as a cold stabilizer, reducing the reliance on expensive alternatives and promoting its use in the manufacturing of metal nanoparticles for applications such as ice packs.
Rising Consumption of Gluten-free Products Boosts CMC Sales
CMC is witnessing increased demand in the gluten-free food space due to its exceptional stabilizing and thickening properties. It serves as a fat replacer in the production of gluten-free baked goods and low-fat foods, making it a preferred choice for individuals with gluten allergies or intolerances. As awareness of the negative effects of gluten and fats on health grows, the demand for gluten-free products continues to rise, further driving the CMC market.
Hydrogels Derived from CMC Create Exciting Opportunities
The integration of CMC in the development of hydrogels has opened up new possibilities, particularly in biomedical engineering applications. These hybrid hydrogels, such as the one developed by researchers at the North Dakota State University, show improved effectiveness in 3D bioprinting, paving the way for potential advancements in tissue engineering and drug delivery.
Proliferating Demand from the Personal Care Industry
In the cosmetic and personal care sector, CMC is gaining traction as a thickening agent and film foaming agent, enhancing the texture and moisturizing properties of various products, including creams and toothpaste. Its rheological profile and water retention capabilities make it an ideal choice for cosmetic formulations.
Other Applications Contribute to Market Growth
Apart from the food, biomedical, and personal care sectors, CMC finds applications in the manufacturing of detergents. It offers anti-soil redepositing properties, acts as a color-retaining agent, and enhances the effectiveness of detergents, making it a valuable ingredient in home cleaning products.
Asia Pacific Emerges as a Key Market
Asia Pacific is poised to be a significant contributor to the CMC markets revenue growth. Developing nations in the region are witnessing a surge in demand for CMC, driven by the food and beverage, cosmetics, and sustainable packaging industries. The use of CMC derived from agricultural waste for sustainable packaging is gaining momentum, aligning with the global push to reduce single-use plastics.
Market Players
Leading players in the carboxymethyl cellulose market include Nouryon Holding B.V., CP Kelco, DuPont de Nemours Inc., Ashland Inc., Daicel Corporation, and Dow Chemical Company.
With a diverse range of applications across industries and a growing presence in emerging markets, the carboxymethyl cellulose market is poised for robust growth in the coming years.
Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa) https://www.fairfieldmarketresearch.com/report/carboxymethyl-cellulose-market
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This press release first seen on Brilad
COMTEX_442320005/2840/2023-10-23T08:21:03
Julian Lopez is professor emeritus of finance, served as the founding academic affairs dean and founding chair of the finance department.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No journalist was involved in the writing and production of this article.