The global carboxymethyl cellulose market is expected to reach USD 1.86 billion by 2025, according to a new report by Grand View Research, Inc. The increasing consumption of cosmetics, skin care, hair care, and other personal care products globally is estimated to drive the market demand over the years ahead. In addition, the growing rate of adoption among consumers regarding the use of natural and eco-friendly personal care products is likely to enhance the consumption of carboxymethyl cellulose (CMC) or cellulose gum, mainly as a binding and stabilizing agent, in the next couple of years.
In terms of revenue, the cosmetic & application segment accounted for an industry share of 14.7% in 2016. Changing lifestyles and improving disposable income of consumers across various countries in the Asia Pacific region including India, China, and Malaysia are expected to enhance the growth of cosmetics and pharmaceutical industries in the next couple of years. Major cosmetics manufacturers are significantly investing in R&D and focusing on the implementation of new product branding and other marketing strategies to accelerate personal care sales across the globe.
CMC is incorporated as a key ingredient in various personal care products including creams, lotions, shampoos, face creams, and cold creams. Good binding, thickening, and stabilizing properties are the key attributes of this product owing to which it is increasingly being used in the processing of cosmetic formulations. Additionally, it owing to its property to impart moisture, the product is favorably consumed in the manufacturing of personal care products such as hair care and skin care goods. The usage of cellulose gum is not only limited to topical lotions, creams, and shampoos but it is also incorporated in the manufacturing of toothpaste, as it provides smooth texture, possesses excellent salt tolerance, and acid resistance.
Full Research Report On Global Carboxymethyl Cellulose Market Analysis:
https://www.grandviewresearch.com/industry-analysis/carboxymethyl-cellulose-cmc-market
Further key findings from the report suggest:
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www.grandviewresearch.com/industry/specialty-and-fine-chemicals
Grand View Research has segmented the global carboxymethyl cellulose market on the basis of product, livestock, and region:
Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)
Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)
View press release of this research report by Grand View Research:
www.grandviewresearch.com/press-release/global-carboxymethyl-cellulose-cmc-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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