Global Carboxy Methyl Cellulose Market  Size 2021-2028 Worldwide Industrial Analysis by Growth, Trends, Competitive Analysis and Forecast Research Report

 Data Bridge Market Research analyses that the carboxy methyl cellulose market will witness a CAGR of 5.30% for the forecast period of 2021-2028. Growth and expansion of various end user verticals especially in the developing economies, growing use of carboxy methyl cellulose fora wide range of end use applications such as food and beverages, pharmaceuticals, cosmetics and personal care, oil and gas, paints and adhesives, paper industry, detergents and others and surge in industrialization especially in the developing countries are the major factors attributable to the growth of the carboxy methyl cellulose market.

Also known as cellulose gum or tylose powder, carboxy methyl cellulose is extracted from pure cotton and wood pulp cellulose. Carboxy methyl cellulose is a sodium salt and is considered as aderivative of cellulose. Carboxy methyl cellulose has a wide range of applications and belongs to the hydroxyl group of glucopyranose monomers.

Rise in application of carboxy methyl cellulose for pharmaceutical applications is the root cause fuelling up the carboxy methyl cellulose market growth rate. Rising industrialization coupled with growth in the level of oil drilling projects will also directly and positively impact the growth rate of the carboxy methyl cellulose market. Growth and expansion of various end user verticals especially in the emerging economies coupled with surge in the preferences for fat-free and gluten-free products by the population will further carve the way for the growth of the carboxy methyl cellulose market. Overall rise in the global population will also foster the carboxy methyl cellulose market growth rate.

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