The global Cellulose ether & derivatives is expected to grow from USD 5.7 billion in 2021 to USD 8.7 billion by 2026, at a CAGR of 9.4% during the forecast period. Increasing demand from various end-use applications is majorly driving the growth of the market.
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The report provides a comprehensive analysis of company profiles listed below:
- The Dow Chemical Company (US)
- Shin-Etsu Chemical Co., Ltd (Japan)
- Ashland Global Holdings, Inc (US)
- LOTTE Fine Chemicals (South Korea)
- Rayonier Advanced Materials Inc. (US)
- Shandong Head Co., Ltd (China)
- Nouryon Chemical Holdings B.V (Netherlands)
- Colorcon (US)
- M. Huber Corporation (US)
- RETTENMAIER SOHNE GmbH + Co KG (Germany)
- FENCHEM (China)
- Hebei Jiahua Cellulose Co., Ltd. (China)
- DKS Co. Ltd (Japan)
- Lamberti S.p.A (US)
- Zibo Hailan Chemical Co., Ltd (China)
The methyl cellulose & derivatives product type segment is expected to witness high growth because of the growth in the product requirements, the growth in developing economies, and the technological developments in different applications. The major properties of methyl cellulose & derivatives include high viscosity, non-toxic nature, and hypoallergenic among others.
The demand for HPC in pharmaceutical application is expected to increase during the forecast period. The product is extensively used in the pharmaceutical industry as thickening agents, viscosity builders, fillers, disintegrating agents, taste-masking agents, coating agents, and gelation agents. These are mostly used in healthcare product formulations. These compounds play a prominent role in osmotic drug delivery systems, bioadhesives, dosage forms, mucoadhesives, and compression tablets.
“APAC to lead the cellulose ether & derivatives during the forecast period”
APAC is projected to have the largest share in the cellulose ether & derivatives and will expand significantly by 2026. This dominance is attributed to the rising demand from domestic industries in the region. The demand for cellulose ether & derivatives is growing, especially, in APAC and Latin America. The markets in these regions are expected to register high growth in comparison to other regions.
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Competitive Landscape of Cellulose Ether & Derivatives Market:
1 Introduction
2 Market Share Analysis
3 Market Ranking
4 Market Evaluation Framework
5 Revenue Analysis Of Top Market Players
6 Company Evaluation Matrix
6.1 Star
6.2 Pervasive
6.3 Participants
6.4 Emerging Leaders
7 Small And Medium-Sized Enterprises (Sme) Evaluation Matrix
7.1 Progressive Companies
7.2 Responsive Companies
7.3 Dynamic Companies
7.4 Starting Blocks
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