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The Carboxymethyl Cellulose (CMC) market, as per the application spectrum, is segmented into Oil Drilling Industry, Food Industry, Paper Industry, Textile Industry, Detergent Industry, Cosmetics Industry, Pharmaceutical, Others. The market share accumulated by every application and the projected valuation that every application would account for is included in the report.
However, customers are unwilling to pay price premiums for bio-surfactants products, which is expected to derail the growth of the market in the coming few years. Furthermore, the legislative procedures required for introducing a bio-surfactant product is very time consuming and expensive, which can somewhat have a negative impact on the investor confidence for investing in the development of new products, which may affect the growth prospects of the market.
This table compares Flotek Industries and Ener-Core’s top-line revenue, earnings per share and valuation.
Demand for processed food & beverages will continue to rise, as fast-paced lifestyle of consumers and new business models keep transforming the overall food retail industry. CMC has been seeking extensive employment in the food & beverages industry as thickening and stabilizing agent, gaining popularity as a cost-effective alternative to other cellulose derivatives. Manufacturers are incorporating carboxymethyl cellulose as cold stabilizers in frozen food & beverage products, thereby cutting down high expenditure on other expensive cold stabilizers.
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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.
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The worldwide market for Carboxymethyl Cellulose Market is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2018.
Global Carboxymethyl Cellulose (CMC) Market 2018 – CP Kelco, Ashland, Akzo Nobel, Daicel | Oil Drilling Cmc Carboxy Mthyl Cellulose Related Video:
Our corporation puts emphasis about the administration, the introduction of talented staff, plus the construction of team building, attempting hard to improve the quality and liability consciousness of team members. Our organization successfully attained IS9001 Certification and European CE Certification of Oil Well Cementing Slurry Chemical , Dispersing Agent For Oil Well Cementing , Artificial Glass Beads , We have established long-term, stable and good business relationships with many manufacturers and wholesalers around the world. Currently, we are looking forward to even greater cooperation with overseas customers based on mutual benefits. Please feel free to contact us for more details.