IGR Cellulose Ether Market | Page 2

A latest report has been added to the wide database of Cellulose Ether Market by Infinium Global Research. This report studies the Cellulose Ether Market by type (ethyl, methyl, carboxyl, hydroxyl propyl methyl and hydroxyl ethyl methyl cellulose), by application (sodium carboxymethylcellulose, methylcellulose and derivatives), derivatives, ethylcellulose, hydroxypropylcellulose) market status and outlook of global and major regions, from manufacturers, and end industries. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. Cellulose Ether Market provides opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape, latest trends, and product offerings of the major companies in the Cellulose Ether Market. Market insights The global cellulose ether market was sized over USD 4.49 billion in 2015. The global cellulose ether market is projected to grow with a CAGR between 6.0% and 6.5% during 2017-2023 and reach USD 7.34 billion by 2023. Growing demand for cellulose ether products owing to their unique properties such as water solubility, binding, water retention, surface activity, emulsification and PH stability is the key factor driving the cellulose ether market across the globe. Moreover, high availability of raw materials required for the production of cellulose ethers as well as low cost of production will drive the cellulose market globally. Furthermore, increasing demand for cellulose ethers owing to their applications such as pharmaceutical & personal care, chemicals, detergents and pulp & paper will drive the global cellulose market over the forecast period. However, fallen prices of guar gum which is used as a substitute over to cellulose ether in the foods & beverages industry as well as nonionic thickeners which are being used in formulations of paints & coatings as an alternative to cellulose ether are the prime factor restraining the growth of global cellulose ether market. Nevertheless, growing demand for cellulose ether in aqueous solutions owing to its properties such as surface activity which make it to act as a stabilizer as well as a thickener and growing technological developments as well as increasing consumer awareness will bring more opportunities to the global cellulose ether market over the forecast period. Segments covered: The report segments the cellulose ether market by product type, by application and by region. The global cellulose ether market based on product type is segmented into ethyl cellulose, methyl cellulose, carboxyl cellulose, hydroxyl propyl methyl cellulose and hydroxyl ethyl methyl cellulose. Based on application the global cellulose ether market is segmented into sodium carboxymethylcellulose, methylcellulose and derivatives, hydroxyethylcellulose and derivatives, ethylcellulose, hydroxypropylcellulose. Infinium Global Research