Carboxymethyl Cellulose Market Investigation Reveals Enhanced Growth by the end of 2028
A modest 5.1% value CAGR has been envisaged for the carboxymethyl cellulose market in the period of forecast (2018-2028), by a recent FactMR study
[UKPRwire, Fri May 03 2019] Fact.MR has actively published a new research study titled “Carboxymethyl Cellulose Market Investigation Reveals Enhanced Growth by the end of 2028 | Key Players are CP kelco, DKS Co. Ltd., Ashland, Daicel Corporation, etc.” to its broad online database. This assessment works to discourse the major trends, opportunities and drivers motivating the carboxymethyl cellulose market during the period from 2018-2028. The insights structured for presenting the target market are procured from both primary research and secondary research, and are utilized for validation that is valuable to investors, manufacturers and new entrants. As per research findings, the global carboxymethyl cellulose market is expected to showcase impressive growth at 5.1% CAGR during the period until 2028.
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The report on carboxymethyl cellulose market covers essential acumen pertaining to its application areas in industries such as personal care, paper processing, oil drilling fluids, food and beverages and paints and adhesives, to name a few. According to this report, the entire market for carboxymethyl cellulose is largely influenced by its increasing demand in the food and beverage industry. In addition, demand for carboxymethyl cellulose is expected to grow with increasing preference of people for processed and healthy food. Additionally, cost effective nature of carboxymethyl cellulose has proliferated the adoption of carboxymethyl cellulose in medical field, particularly for medical dressings.
Carboxymethyl cellulose (CMC) has gained immense traction as fat-replacer in processed and ready-to-eat food products, underpinned by the rise in consumer awareness on consumption of healthy food. Food manufacturers are extensively utilizing CMC over egg protein for preparation of cakes by mixing CMC with whey protein concentrates, for minimizing fat concentration in various food products, bakery products in particular. Carboxymethyl cellulose has also witnessed increased adoption in nutrition bars, as it extends solubility of proteins to certain pH levels.
A significant surge in demand for pharmaceutical specialty drugs has been witnessed since the recent past, which is a key trend influencing adoption of carboxymethyl cellulose. Specialty drugs have revolutionized the medicines, aiding improvement in survival and life quality of chronic disease-affected patients. Approximately half of new FDA-approved drugs are currently deemed as specialty pharmaceuticals. The FDA has further approved carboxymethyl cellulose application as a disintegrant in pharmaceuticals, as CMC enhances effect of medicines by improving their dissolving capability.
Hydrogels have sought extensive applications in biomedical engineering, such as drug delivery agents, antibacterial, wound dressing, and tissue engineering. Natural hydrogels are considered as scaffold material in light of their bio-compatibility. However, mechanical integrity of hydrogels, particularly in 3D scaffold architecture, prevails as a key challenge. 3D bio-printing has emerged as a revolutionary technology for in vitro reproduction of 3D functional living tissue scaffold via controlled layer-by-layer biomaterial deposition, coupled with high-precision cell positioning.
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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.
Carboxymethyl cellulose also seeks adoption as stabilizing agent during the production of metal nanoparticles, which are used in various applications such as ice packs for retaining lower freezing point. Employment of carboxymethyl cellulose as stabilizing agent has curtailed the production cost and consumption of its expensive cooling counterparts, which in turn is expected to bode well for growth of the carboxymethyl cellulose market in the forthcoming years.
Researchers from the Pharmaceutical Sciences Department, and Industrial and Manufacturing Engineering Department of North Dakota State University, have developed a novel hybrid hydrogel – sodium alginate integrated with carboxymethyl cellulose – which has demonstrated high effectiveness in 3D bio-printing application. For fabricating functional tissue scaffold on a large scale, this hybrid hydrogel is considered to be a potential biomaterial for use in 3D bio-printing process.
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