Carboxymethyl Cellulose Market Will Be Worth of Us$1,039.8 Million in 2019, Growing at a Cagr of 3.2% by 2019

Transparency Market

Research

Carboxymethyl Cellulose Market - Global Industry

Analysis, Size, Share, Growth, Trends and Forecast,

2013 - 2019

Published Date

03-June-2014

83 Page Report

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Growing Preference for Low-Fat Food to Fuel Demand for

Carboxymethyl Cellulose, Reports TMR

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Carboxymethyl Cellulose Market

REPORT DESCRIPTION

Carboxymethyl Cellulose Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast,

2013 - 2019

The global Carboxymethyl cellulose market is witnessing a high degree of competition, thanks to the presence

of a large pool of multinational players, finds a research report published by Transparency Market Research

(TMR). With two massive manufacturing facilities, CP Kelco emerged as the leading producers of

carboxymethyl cellulose across the world in 2012 and was closely followed by Ashland Inc. and Akzo Nobel

N.V. No significant change is expected in this scenario over the forthcoming years.

The leading companies are predicted to explore viable prospects through mergers, acquisitions, and strategic

alliance in a bid to sustain in this competitive environment. The construction of new manufacturing facilities, in

order to cater to the increased demand for carboxymethyl cellulose, is also projected to emerge as a prominent

trend in this market over the next few years.

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According to the research study, the worldwide market for carboxymethyl cellulose presented an opportunity

worth US$0.8 bn in 2012. Rising at a CAGR of 3.20% during the period from 2013 to 2019, it is estimated to

increase to US$1.0 bn by the end of the forecast period. Carboxymethyl cellulose finds a widespread usage as

a water binder,...