How Will The Carboxymethylcellulose (CMC) Market Grow Over The Forecast Period?
The carboxymethylcellulose (CMC) market size has seen robust growth in recent years, growing from $1.75 billion in 2024 to $1.83 billion in 2025 at a compound annual growth rate (CAGR) of 4.8%. The growth in the historic period has been driven by the emergence of biomedical applications, demand in food and beverage industry, growth in the pharmaceutical sector, and expansion in cosmetics, personal care, textile and paper industries. The market size is predicted to reach $2.29 billion by 2029, growing at a CAGR of 5.7%. The growth in the forecast period can largely be attributed to innovations in the printing industry, rise in adhesive formulations, water treatment solutions, construction material needs, and oil and gas sector requirements.
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What Factors Are Propelling The Carboxymethylcellulose (CMC) Market Growth?
The sharp rise in pharmaceutical production is anticipated to boost the growth of the carboxymethylcellulose market going forward. Pharmaceutical production, being integral for manufacturing pharmaceutical products, including medications, vaccines, and other medical treatments, benefits immensely from carboxymethylcellulose which increases viscosity and stabilizes emulsions in these formulations. The significant increase in pharmaceutical production is thus, directly contributing to the growth of the carboxymethylcellulose market.
What Are The Key Segments In The Global Carboxymethylcellulose (CMC) Market?
1) By Grade: High Purity, Industrial, Technical
2) By Property: Thickening Agent, Stabilizer, Binder, Anti-Repository Agent, Lubricator, Emulsifier, Excipient
3) By Application: Food And Beverages, Oil And Gas, Cosmetics, Pharmaceuticals, Detergents, Paper Processing
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Who Are The Major Players In The Carboxymethylcellulose (CMC) Market?
Major companies operating in the carboxymethylcellulose (CMC) market include Ashland Global Holding Inc., DKS Co. Ltd., Daicel Corporation, Amtex Corp., Nippon Paper Industries Co. Ltd., Akzo Nobel NV, CP Kelco US Inc., The Dow Chemical Company, Lamberti SPA, and others.
What Are The Emerging Trends In The Carboxymethylcellulose (CMC) Market?
Companies operating in the carboxymethylcellulose market are undertaking business expansion, including the establishment of new companies to ramp up production capabilities and meet growing demand across industries. For example, in 2023, Nippon Paper Industries Co., Ltd., a Japan-based manufacturing company, announced the creation of a manufacturing and sales subsidiary in Hungary for CMC branded as SUNROSE MAC, facilitating the creation of a uniform coating surface and enhancing the safety performance of lithium-ion batteries.
Which Region Will Be The Fastest Growing In The Carboxymethylcellulose (CMC) Market?
Asia-Pacific was the largest region in the carboxymethylcellulose (CMC) market in 2024 and is projected to be the fastest growing during the forecast period. Other regions covered in the report are Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Carboxymethylcellulose (CMC) Market Report 2025 Offer?
Carboxymethylcellulose is an acid ether derivative of cellulose comprising glucopyranose monomers and is present as its sodium salt. Available in various forms including powders, granules, and gels, CMC is widely used as a viscosity modifier and emulsion stabilizer. The Carboxymethylcellulose (CMC) Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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