Cellulose Gum Industry Growth, Statistics, Trends, Forecast Report, 2024

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Cellulose Gum Industry Growth, Statistics,
Trends, Forecast Report, 2024 Global Market
Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Regional Analysis of Cellulose Gum Market

• Based on region, the market can be segmented into
  five regions, viz., North America, Latin America,
  Asia Pacific, Europe, and Middle East and Africa.
  
• Asia Pacific has the highest market share of the
  product in terms of volume and is expected to
  grow at a significant rate in future.
• Vietnam, Korea and Singapore are projected to be
  the major consumers of cellulose gum.
• North America and Europe are the next in queue
  where the consumption of CMC is likely to
  increase in the forecast period.
• Argentina is expected to be a major consumer of
  cellulose gum in Latin America.

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Application Analysis of Cellulose Gum Market

• Based on applications, the market can be divided
  into food applications, cosmetics and personal
  care products, textile sizing, paper industry,
  oil drilling, detergents, pharmaceuticals and
  beverages. In food industry, the product is used
  in animal feed, beverages, pancake syrups,
  frostings, dairy products, bakery products, etc.
• Cellulose gum market can be segmented based on
  type, applications and region. Based on type, the
  product can be divided as food grade and
  industrial grade. The industrial grade gum can be
  further segmented into technical grade (crude
  CMC) and semi-purified gum. Crude CMC has a
  purity level of less than 80 and semi-purified
  gum has purity ranging from 80 to 95. Cellulose
  gum having purity above 99.5 is considered as
  safe for eating.
• Manufacturers have incorporated new technologies
  in the industry and explored new applications to
  widen the horizon of the market. Its use as an
  oil resistant film has also led to the growth of
  the market. It may suppress the appetite as it
  works as a filler in food products.

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Competitive Market Share of Cellulose Gum
Market

• Some of the key market players are Ashland Inc.,
  CP Kelco, Sidley Chemical Co. Ltd., Daicel
  Corporation, The DOW Chemical Company, Akzo Nobel
  N.V., Nippon Paper Industries Co. Ltd., Dai-ichi
  Kogyo Seiyaku Co. Ltd., Chemopharma Chemikalien
  und Pharmazeutika GmbH, Ugur Seluloz Kimya A.S.,
  E. I. du Pont de Nemours and Company, Tragacanth
  Importing Company (TIC) Gums, Inc., Chemcolloids
  Ltd., Lamberti S.p.A., Admix, Inc., Akay Organics
  Ltd., etc.

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