Thus,
increasing demand from the food and beverages sector, combined with
rising oil exploration activities worldwide, has generated
significant demand for carboxymethyl cellulose in the last couple of
years. In the food and beverages sector, CMC is used as a stabilizer,
rheology controller, thickener, and water binder, whereas for oil
drilling fluids, it is used as a viscosifier and rheology
controller.Moreover, increasing demand for CMC in personal care
products and increasing iron ore and mining activities are offering
opportunities for growth of the CMC market.However, regulations set
by the U.S. Food and Drug Administration (FDA) for use of
carboxymethyl cellulose and the easy availability of eco-friendly
substitutes limit the growth of this market.
Browse
full Carboxymethyl
Cellulose
Market
report
at
:
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By
end user, food and beverages registered the highest revenue in the
CMC market in 2012. This was followed by oil drilling fluids,
accounting for 22.3% of the total demand for carboxymethyl cellulose
in 2012. Furthermore, personal care is expected to be a rapidly
growing end user of CMC in the coming years, adds the report. Paints
and adhesives and paper processing will observe stable demand for CMC
in the next few years. However, industrial detergents and mining are
expected to open promising opportunities for the expansion of the CMC
market in the years to come.
In
2012, Asia Pacific dominated the carboxymethyl cellulose market,
accounting for nearly 35% of the overall market. The expanding food
and beverages industry in the region has been beneficial for the
demand for CMC.Rising oil exploration activities, combined with
demand from the food and beverages sector, will spur the CMC market
in Latin America and the Middle East.Europe trails Asia Pacific in
terms of revenue in the CMC market. The demand for carboxymethyl
cellulose from various end users such as personal care, food and
beverages, and paper processing has been beneficial for the growth of
the overall market. In 2012, North America accounted as the third
largest market for carboxymethyl cellulose. In the region, the U.S.
emerged as the regional leader, due to the flourishing food and
beverage industry and high consumer spending on personal care
products.
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The
carboxymethyl cellulose market is segmented as:
Carboxymethyl
Cellulose Market: End-user Analysis
- Food and beverages
- Oil drilling fluids
- Paper processing
- Personal care
- Paints and adhesives
- Others (Including industrial detergents, mining, etc.)
Carboxymethyl
Cellulose Market: Regional Analysis
- North America
- Europe
- Asia Pacific
- Rest of the World
Browse
the full Press Release :
http://www.transparencymarketresearch.com/pressrelease/carboxymethyl-cellulose-industry.htm
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