Carboxymethyl cellulose market demand in pharmaceuticals segment are expected to observe growth close to 4% CAGR by 2024. The product has been observing acceptance in this sector as an inert non-pharmacologically active ingredient on account of its ability to provide improved drug dissolution and disintegration characteristics. The product is also used as a granulation aid & binder in tablet coatings, and as a stabilizer & thickener in ointments, lotions, etc.
CMC is used as a viscosifier and rheology controller in oil drilling fluids sector. Therefore, rising oil exploration across the globe will significantly increase the demand for carboxymethyl in forthcoming years. However, the demand for CMC is not just limited to the above-mentioned industries; its application is also growing in the personal care products sector and used in iron ore and mining activities. Therefore, with the increasing application, the demand for CMC is expected to rise significantly in the near future.
Underground, petrochemicals can migrate along fissures through abandoned or orphaned wells or leaky well casings (the oil and gas industry estimates that 60 percent of wells will leak over a thirty-year period). Brine can spill from holding ponds or pipelines. It can be spread, legally in some places, on roadways to control dust and melt ice. Truck drivers have also been known to illegally dump this liquid in creeks or fields, where animals can drink it or lick it from their fur.
Presentation of Data in the report: The data is presented in the form of pie charts, tables & figures for a quick & accurate analysis of the overall Defoaming Coating Additives market. Further, the report can be studied in depth to gain further insight into the Defoaming Coating Additives market.
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
On the basis of output, this report represents the production, interest, cost, business share and growth rate of each type, primarily split into
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Carboxymethyl cellulose has been used in several frozen food & beverages as a stabilizing agent and viscosity improving agent. Finished wines and ice creams are key application areas for CMC, as it deprives the need for salt ice mixers, thereby trimming the cost of ice cream production, and it saves processing time & energy by preventing formation of the potassium bi-tartrate crystals in finished wines. Carboxymethyl cellulose's foray as cold stabilizers in food & beverages has proved to be a monetary boon for manufacturers, by eliminating the use of expensive cold stabilizers.
“In addition to the top manufacturers, a group of Chinese manufacturers dominate the technical grade CMC and its global pricing,” said Arpita Mukherjee, BCC Research analyst and author of the report. “Many producers in this country have overbuilt capacity in CMC production, which is now being forced by economics to seek export markets for this commodity. It also appears that Chinese exports of CMC are driving down the price further and threatening exporters that produce them in other countries. Many manufacturers in non-Chinese developing countries are trying to replicate the Chinese economic story by rapidly expanding their industrial bases, but they lack the economies of scale to compete at the price points of the China based manufacturers. Even developed nations in Europe are likely to face increasing risk of further loss in the market.”
Glencore plc engages in the production, refinement, processing, storage, transport and marketing of metals and minerals, energy products, and agricultural products worldwide. It operates in three segments: Metals and Minerals, Energy Products, and Agricultural Products. The Metals and Minerals segment is involved in smelting, refining, mining, processing, and storing zinc, copper, lead, alumina, aluminum, ferroalloys, nickel, cobalt, and iron ore. The Energy Products segment activities include coal mining and oil production operations covering crude oil, oil products, steam coal, and metallurgical coal; and investments in ports, vessels, and storage facilities. The Agricultural Products segment engages in the storage, handling, processing, and port facilities of wheat, corn, canola, barley, rice, oil seeds, meals, edible oils, biofuels, cotton, and sugar. Glencore plc markets and delivers physical commodities sourced from third party producers and its production to industrial consumers in the automotive, steel, power generation, oil, and food processing industries. The company was formerly known as Glencore Xstrata plc and changed its name to Glencore plc in May 2014. Glencore plc was founded in 1974 and is headquartered in Baar, Switzerland.
Flotek Industries (NYSE:FTK) and Ener-Core (OTCMKTS:ENCR) are both small-cap oils/energy companies, but which is the superior investment? We will contrast the two businesses based on the strength of their valuation, analyst recommendations, institutional ownership, earnings, dividends, profitability and risk.
Contrasting Recon Technology (RCON) and Quintana Energy Services (QES) | Defoamer For Oil Well Cementing Related Video:
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