The most abundant natural water-soluble polymer widespread application in pharmaceuticals, paints and food applications is providing a large scope for the companies to increase their cellulose ether market share. Additionally, an increase in the consumption of cosmetics and personal care products in Brazil, China, India, Mexico, and South Africa is anticipated to expand the cellulose ether market size. Cellulose ether and its derivatives act as modifiers in personal care products such as soaps, shampoos, and body lotions. Different varieties of cellulose ether such as Methyl, Carboxymethyl, Hydroxyethyl, Hydroxypropyl, and Ethyl are widely used in the construction, cement, textiles, detergents, coatings, paper-making, electronic components, chemical, and petroleum industries. These ethers are majorly used for stabilizing, binding, water retention, film foaming, emulsion, and thickening in the above-mentioned applications. Increase in the cellulose ethers consumption in food applications, especially in bakery products preparation as a thickener for canned fruit pie fillings and in frozen food production, as a stabilizer, crystallization controller and moisture retention in varied beverages along with the processed food formulations is fuelling the cellulose ether market revenue. As a part of food applications, cellulose ether is consumed as a thickener for canned fruit pie fillings and plays a promising role in frozen food and bakery products preparation. In addition to this, it also acts as a stabilizer, crystallization controller and moisture retention in varied beverages along with the processed food formulations. All these factors are increasing the cellulose ether market size. 

The tangible demand influx led to a humongous global cellulose ether & its derivatives market size that stood at $5.52 billion in 2018. Furthermore, it is set to grow at a CAGR of 5.5% during the forecast period 2019-2025.

APAC Cellulose Ether & Its Derivatives Marketplace:

APAC has occupied a dominating share of 38% in the global cellulose ether derivatives market, as of 2018.

The growing number of investments in the construction industry coupled with government initiatives to improve infrastructure in India is driving the Indian construction industry growth. In the direction of construction industry growth, India has planned to invest $777.73 billion in infrastructure by 2022 to have sustainable development in the country, which supports India to stand as the third largest construction market, worldwide by 2022. This rapidly changing building and construction industry encourage the improvement in high-performance products. Cellulose ethers are such dry mix materials that are highly adopted by the builders to improve the quality and sustainability of the building and also emphasizing the application of these ethers in the construction industry. For instance, Indian National highway construction has raised by 20% during 2017-18, targeted to cover 50,000 kilometers by 2019. This expansion has increased the usage of cellulose ether in road transport construction.

Continuous growth in demand for personal care, pharmaceutical and cosmetic products coupled with the rise in construction expenditure in China and India is expected to boost the APAC cellulose ether market revenue. Global cellulose ethers & its derivatives market size will witness significant growth, owing to its increasing demand for cellulose ethers in construction as thickeners, binders, and water-retention agents. Increasing China cellulose ether production due to the capacity expansions by cellulose ether manufacturers is contributing to the increment in the APAC cellulose market size.   

Pharmaceuticals Industry Application Segment to Experience Expansion in the Upcoming Years:

Pharmaceuticals application of cellulose ether is set to grow at the fastest CAGR of 5.1% among all other applications over the forecast period. Cellulose ethers are one of the cellulose derivatives. These polymers are mostly used in the healthcare product formulations. These compounds play a prominent role in osmotic drug delivery systems, bioadhesives, dosage forms, mucoadhesives, and compression tablets. On the other hand, cellulose ethers are primarily used as thickeners, stabilizers, viscosity agents, compressibility enhancers, and as gelling agents in pharmaceuticals, food, construction, personal care, chemicals, textiles, paper, and adhesives applications.

Methylcellulose and ethylcellulose are broadly used as a bulking agent in treating intestinal illnesses, particularly in diabetic diets, as a binder for tablets, and as ingredients for ointments and lotions. Cellulose gum product usage in a wide variety of health care and personal care formulations which include skincare, oral care, wound care, and hair care is acting as the growth-promoting factor of the cellulose ether derivatives market.

Cellulose Ether & Its Derivatives Market – Key Players

Ashland Global Specialty Chemicals Inc., The Dow Chemical Company, CP Kelco, Shin-Etsu Chemical Co., Ltd., AkzoNobel Performance Additives, Lotte Chemicals, Reliance Cellulose Products Limited, and China RuiTai International Holdings Co., Ltd. are operating as major players in the global cellulose ether market.  

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Related Report:

A. Sodium Carboxymethyl Cellulose Market

B.   Cellulose Ethers Market


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