The Global Carboxymethyl Cellulose Market Growth Accelerated By Rising Demand In Personal Care And Cosmetics Industry

Carboxymethyl Cellulose Market 

Carboxymethyl Cellulose Market  Carboxymethyl cellulose (CMC) refers to a cellulose derivative with multiple carboxymethyl groups attached to the polysaccharide backbone. CMC primarily finds applications as a thickening agent, binder, suspension agent, and stabilizer in products like cosmetics, detergents, pharmaceuticals, food & beverages and others. CMC is commonly used in personal care products like shampoos, lotions, creams and makeup due to its viscosity enhancing properties. It helps maintain the stability and smooth texture of suchproducts.

The global carboxymethyl cellulose market is estimated to be valued at US$ 1201.83 Mn in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
The rising demand for natural and organic cosmetic products is driving the adoption of CMC as a replacement for synthetic thickeners. Consumers today prefer products with natural ingredients due to greater awareness about harmful chemicals. CMC being a cellulose derivative is widely accepted as a natural and sustainable alternative in personal care formulations. Moreover, CMC enhances the shelf life of cosmetic creams and lotions by maintaining a smooth and stabilized texture. Its thickening and stabilizing properties help personal care brands to cater to the evolving preferences of customers.


Segment Analysis
The global carboxymethyl cellulose market is segmented into powder, microcrystalline cellulose, and others. The powder segment is dominating the market and is expected to remain dominant during the forecast period. This is mainly because powder form of carboxymethyl cellulose is widely used in various end-use industries like food & beverages, oil & gas, pharmaceuticals, personal care etc. due to its diverse functional properties.

Key Takeaways
The global carboxymethyl cellulose market scope is expected to witness high growth during the forecast period of 2023 to 2030. The market size for 2023 is US$ 1201.83 Mn. Regional analysis


Asia Pacific region is expected to be the fastest growing as well as dominating region in the carboxymethyl cellulose market. This is attributed to growing food processing and personal care industries in countries like China, India etc.

Key players
Key players operating in the carboxymethyl cellulose market are Accenture, Deloitte Consulting LLP, PricewaterhouseCoopers (PwC), Ernst & Young (EY), KPMG, McKinsey & Company, Bain & Company, Boston Consulting Group (BCG), T. Kearney, Oliver Wyman, Alvarez & Marsal, GEP, Protiviti, Ayming, Expense Reduction Analysts.

 Get more insights on this topic: https://www.newswirestats.com/carboxymethyl-cellulose-market-industry-insights-trendscarboxymethyl-cellulose-market-2023-2030/




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