Key Players: The Dow Chemical Company (U.S.), CP Kelco (U.S.), Ashland Specialty Chemicals (U.S.), Akzo Nobel Performance Additives (Netherlands), Shin-Etsu Chemical Co., Ltd. (Japan), Samsung Fine Chemicals (Korea)
(PRWEB) October 02, 2014
The report “Cellulose Ethers Market by Derivative (Methyl, Ethyl, Hydroxyethyl, Hydroxypropyl & Carboxymethyl Cellulose), by Application (Pharmaceuticals, Personal Care, Construction, Food & Beverages, Surface Coatings & Paints) & by Region - Global Trends & Forecasts to 2019” defines and segments the cellulose ethers market with an analysis and forecast of the market size by volume of end-user markets such as pharmaceuticals, personal care, construction, food & beverages, surface coatings & paints applications. Along with this, the market size volume and value of cellulose ethers by region and by type are also discussed.
Browse 82 market data tables and 97 figures spread through 277 pages and in-depth TOC on “Cellulose Ethers Market by Derivative (Methyl, Ethyl, Hydroxyethyl, Hydroxypropyl & Carboxymethyl Cellulose), by Application (Pharmaceuticals, Personal Care, Construction, Food & Beverages, Surface Coatings & Paints) & by Region - Global Trends & Forecasts to 2019”.
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The major types of cellulose ethers available in the market are—carboxymethyl cellulose (CMC); methyl cellulose (MC) and its derivatives (hydroxypropyl methyl cellulose (HPMC) and hydroxyethyl methyl cellulose (HEMC)); hydroxyethyl cellulose (HEC); hydroxypropyl cellulose (HPC); and ethyl cellulose (EC). CMC holds almost half of the market in terms of volume. However, the pricing for CMC is comparatively lower than other types of cellulose ethers. In terms of volume, CMC is followed by HEC and HPMC. HEC and EC have the highest pricing among all types of cellulose ethers.
The cellulose ethers and its derivatives market was estimated at $4,124.17 million in 2013 and is expected to grow by 7.08% till 2019.
The Global cellulose ethers market to reach around 852 kilotons by 2019
The market for cellulose ethers in terms of volume is expected to reach 851.89 kilotons by 2019, at a CAGR of 5.88% from 2014 to 2019. Asia-Pacific dominated the cellulose ethers market volume in 2013. Asia-Pacific is expected to remain the major market by 2019, growing at a CAGR of 8.24% from 2014 to 2019. The developing RoW region which includes the Middle Eastern and African regions are also expected to show a high growth rate for cellulose ethers.
Each type of cellulose ethers has its specific application, for example, the largest market for CMC is industrial application while that of HEC is paints and coatings. Most of the mentioned cellulose ethers types have more or less application in pharmaceuticals, food, industrial, and personal care industries. The high growth in these end industries is driving the market for cellulose ethers. These industries are showing quite high growth in the Asian and RoW regions, hence the demand for cellulose ethers are also growing rapidly in these regions.
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