Carboxymethylcellulose (CMC) Market 2024 - Growth by Regional Segments, Upcoming Business Strategies, Industry Revenue And Forecast by 2033
Overview and Scope Carboxymethylcellulose refers to an acid ether derivative of cellulose that is made up of glucopyranose monomers and is present as its sodium salt. CMC is available in various forms, including powders, granules, and gels, depending on its application. They are used as viscosity modifiers and to stabilize emulsions. Sizing and Forecast The carboxymethylcellulose (cmc) market size has grown strongly in recent years. It will grow from $1.67 billion in 2023 to $1.76 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to emergence of biomedical applications, demand in food and beverage industry, growth in pharmaceutical sector, expanding cosmetics and personal care industry, textile and paper industries. The carboxymethylcellulose (cmc) market size is expected to see steady growth in the next few years. It will grow to $2.13 billion in 2028 at a compound annual g...