According to ChemAnalyst report, “Global Cellulose Ether Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Type, Sales Channel, Regional Demand, Company Share, Foreign Trade, 2015-2032”, The Cellulose Ether market is likely to expand and reach 800 thousand tonnes by 2032 at a CAGR of 4.85% in the forecast period. The increasing demand for Cellulose Ether from Paint & Coatings, Pharmaceuticals & personal care, Construction, and Food Additives end-use industries, is expected to boost the Cellulose Ether market in the forecast years.
Cellulose Ether appears as a white powder with no significant odour. When small cotton fibres or wood fibres are chemically treated and subsequently reacted with etherifying agents like chlorinated ethylene and chlorinated propylene, cellulose ether is produced. It possess water-soluble properties and is used as a binding, thickener, stabilizers, film maker, and rheological properties modifier. Cellulose Ether is employed in various industries such as food, medicines, personal hygiene products, chemicals for oil and gas fields, construction materials, papers, adhesives, and textiles. Cellulose ethers are employed in the in the textile industry to size, smoothen, and thicken textile pulp. In the pharmaceuticals, cellulose ethers find applications in tablet coatings, granulation, and useful in control release of chemicals.
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For aqueous paints, the paint industry uses cellulose ether polymers as thickening agents. Increased demand for paint, coatings, and other materials due to increased building and infrastructure projects is likely to drive the cellulose ether market over the forecast period. In the biomedical sectors, carboxymethyl cellulose, a type of cellulose ether, and its hybrid polymers have various for uses such as involving drug delivery, drug emulsifier, and drug stabilisation, which propels the market growth. Furthermore, application of Cellulose Ether in the food & beverage industry as gelling agents and stabilizers further contributes to the market.
The Cellulose Ether market is segmented based on type, end-use, sales channel, and region. Based on type, the global Cellulose Ether market is divided into Carboxymethyl Cellulose (CMC), Methyl Cellulose, Hydroxyethyl Cellulose (HEC), and Others. Carboxymethyl Cellulose (CMC), which dominates the market for Cellulose Ether and is widely used in the food and pharmaceutical industries. CMC is also employed in toothpaste, heat packs, textile resizing, cleansers, water-based coatings, diet pills, laxatives, and paper-based goods.
Based on the end-user industry, the global Cellulose Ether market is segmented into Paint & Coatings, Pharmaceuticals & personal care, Construction, Food Additives, and Others. Paint & Coatings industry is dominating the Cellulose Ether market with an estimated market share of 40% in 2021. Furthermore, the Pharmaceuticals & personal care also holds significant market share of the global Cellulose Ether market owing to their rheology modification property.
Based on demand, Asia Pacific is dominating the Cellulose Ether market among all other regions and consumed approximately 52% of the global Cellulose Ether in 2021. It is anticipated that it will continue to remain the most significant consumer owning to the growing demand of paints, coatings, pharmaceuticals, personal care products, and more, which require Cellulose Ether as a raw material. Europe stands after the Asia Pacific region in terms of global Cellulose Ether consumption. With the low-priced labour costs and abundance of raw materials, Asia Pacific again leads in terms of consumption with China as the key player. China alone accounted for Cellulose Ether production capacity of approximately 30% of total regional capacity as of 2021.
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“Global Cellulose Ether Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Type, Sales Channel, Regional Demand, Company Share, Foreign Trade, 2015-2032”, the significant players in the Cellulose Ether market include are Shandong Head Co.Ltd., LOTTE Fine Chemical, Ashland Inc, Celotech Chemical Co.Ltd., Shin-Etsu Chemical Co.Ltd., Nouryon, Shandong Tiansheng Cellulose Corp.Ltd., Hercules Tianpu Chemical Company Limited, Jinan Maissen New Material Co.Ltd., Dow Chemical Company, and Others.
“Growing demand of Cellulose Ether due to its binding, thickening, and water-miscibility properties drives its applications in paints and chemicals which are employed in various industries such as automotive, building & construction is anticipated to propel the global Cellulose Ether market in the forecast period till 2032. Consistently growing demand for Cellulose Ether for its surface activity finds its application as a rheology modifier that further contributes to the Cellulose Ether market expansion in the forecast period. “Said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.
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