Global Carboxymethyl Cellulose market is booming into the Chemicals & Advanced Materials sector with a CAGR of 4.87% at present era.The Carboxymethyl Cellulose Report analyses competition among the key manufacturers, industry growth and market scenario. The Carboxymethyl Cellulose Market consist of various players operating in the market including large scale and medium size manufacturers. The key market players operating in the Global Carboxymethyl Cellulose are competing amongst each other in terms of product differentiation.
A Halliburton technical adviser who designed the cement used to seal BP's ill-fated Macondo oil well testified Tuesday that in hindsight he would not change the composition and design of the mixture.
“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.”
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The global carboxymethyl cellulose market is categorized on the basis of end users, which is further divided into oil drilling fluids, food and beverages, personal care, paper processing, paints and adhesives, and others (including mining, industrial detergents, etc.). Out of these, food and beverages industry contributed an outstanding share of income in the global carboxymethyl cellulose market in 2012. The second position was held by oil drilling fluids that represent 22.3% of the aggregate demand in the global CMC market in 2012. Moreover, the demands for carboxymethyl cellulose is estimated to grow in the personal care segment due to its growing application in it. In forthcoming years, the mechanical cleansers and mining industry are expected to offer lucrative opportunities for the carboxymethyl cellulose. Growing contribution from the paints and glues industry is likely to boost the demand for the carboxymethyl cellulose during the forecast period. Therefore, with the increasing contribution in all the industries, the global carboxymethyl cellulose market is estimated to grow at a healthy rate during the forecast period.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue, and market share and growth rate of Specialty Oilfield Chemicals in these regions, from 2018 to 2023 (forecast), covering –
Following Asia Pacific, Europe was the second-largest region for carboxymethyl cellulose market in 2016. Product demand for was led by personal care and food & beverages industries. Product demand was dominated by countries such as Germany, France and the U.K. due to high demand from personal care and food and beverages industries.
Pectin replaces gum arabic for better beverage stability: study Menu Back to Back to Back to Back to Back to Back to Send Follow us on Facebook Follow us on Twitter Follow us on LinkedIn Send Email to a friend Facebook Twitter Linkedin Tip a friend | Oil Drilling Cmc Carboxy Mthyl Cellulose Related Video:
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