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Home>Global Carboxymethyl Cellulose Market - Drivers and Forecasts by Technavio

Global Carboxymethyl Cellulose Market - Drivers and Forecasts by Technavio

Global Carboxymethyl Cellulose Market - Drivers and Forecasts by Technavio

10/07/2017

Global Carboxymethyl Cellulose Market - Drivers and Forecasts by Technavio

Technavio analysts forecast the global carboxymethyl cellulose (CMC) market to grow at a CAGR of almost 5% during the forecast period, according to their latest report.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171006005469/en/

Technavio has published a new report on the global carboxymethyl cellulose market from 2017-2021. (G ...

Technavio has published a new report on the global carboxymethyl cellulose market from 2017-2021. (Graphic: Business Wire)

The research study covers the present scenario and growth prospects of the global carboxymethyl cellulose market for 2017-2021. The market is segmented based on application (food and beverages, pharmaceuticals and cosmetics, oil and gas, paper, and detergent) and geography (APAC, the Americas, Europe, and MEA).

The demand for CMC from APAC is expected to be the highest among all the regions because of the rapid expansion of the food and beverages industry in this region. In addition to this, the presence of a high consumption base in the region is expected to drive the growth of the market. CMC is used majorly in packed and ready-to-eat food and is expected to grow rapidly in the pharmaceuticals and cosmetics industry. CMC is also used as a soil suspension polymer in detergents and as a lubricant for artificial tears. Research says that the development of the pharmaceutical industry and the expansion of the oil and gas industry can lead to the high demand for CMC.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

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