Global cellulose ether & its
derivatives market was valued at $ 4.10 billion in 2018 and is projected to
reach $ 5.39 billion by 2024, growing at a CAGR of 4.83% during the forecast
period. High growth application areas including personal care, pharmaceuticals,
food ingredients and construction coupled with expansion and new product launch
activities undertaken by companies are the leading factors expected to drive global
cellulose ether & its derivatives market during forecast period.
The market for cellulose ether &
its derivatives has been segmented into product type, end-user and region.
Based on product type, the market has been categorized into carboxy methyl
cellulose, methyl cellulose, ethyl cellulose and hydroxypropyl methyl cellulose.
Of these segments, carboxy methyl cellulose is expected to dominate the market,
owing to its applications in fast-growing industries such as pharmaceuticals
and food & beverages in addition to revival in oilfield activities. However,
hydroxypropyl methyl cellulose is anticipated to be the fastest growing product
type during the forecast period, backed by high growth in the end-use
industries including pharmaceuticals, construction and oil drilling.
Further, based on application, the
market has been segmented into pharmaceuticals, personal care, food &
beverages, construction, oilfield applications and others. Asia-Pacific region
is the largest market for cellulose ether & its derivatives, accounting for
more than 40% of the global market. Furthermore, among all the countries, China
dominated the cellulose ether & its derivatives market, followed by Japan
and the rest of Asia-Pacific countries.
Years considered for this report:
Historical Years: 2014-2017
Base
Year: 2018
Estimated
Year: 2019
Forecast
Period: 2020-2024
Objective of the Study:
- To analyze and forecast global cellulose ether
& its derivatives market size.
- To forecast global cellulose ether & its derivatives market
based on product type, end-user and regional distribution.
- To identify drivers and challenges for global cellulose
ether & its derivatives market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in
global cellulose ether & its derivatives market.
- To conduct the pricing analysis for cellulose
ether & its derivatives market.
- To identify and analyze the profile of leading
players involved in the manufacturing of cellulose ether & its
derivatives.
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Some
of the key players in the market are Ashland Inc., The Dow Chemical Company, Cp
Kelco, Shin-Etsu Chemical Co. Ltd., Akzonobel, Ashland Inc., Daicel Finechem
Ltd., Lotte Fine Chemicals, DKS Co. Ltd. and China Ruitai International
Holdings Co. Ltd.
TechSci
Research performed both primary as well as exhaustive secondary research for
this study. Initially, TechSci Research sourced a list of leading manufacturers
across the globe. Subsequently, TechSci Research conducted primary research
surveys with the identified companies. While interviewing, the respondents were
also enquired about their competitors. Through this technique, TechSci Research
could include the manufacturers which could not be identified due to the
limitations of secondary research. TechSci Research analyzed the product
offerings, distribution channels and presence of all major players operating in
global cellulose ether & its
derivatives market.
TechSci Research calculated
global cellulose ether & its
derivatives market size using a top-down approach, where data
for various end-user segments was recorded and forecast for the future years.
TechSci Research sourced these values from the industry experts and company
representatives and externally validated through analyzing historical data of
these product types and applications for getting an appropriate, overall market
size. Various secondary sources such as company websites, news articles, press
releases, company annual reports, investor presentations and financial reports
were also studied by TechSci Research.
Key Target Audience:
- Cellulose Ether & Its Derivatives
manufacturers and suppliers
- Government and other regulatory bodies
- Organizations, forums and
alliances related to cellulose ether & its derivatives
- Market research and consulting firms
The study is useful
in providing answers to several critical questions that are important for the
industry stakeholders such as manufacturers and partners, end users, etc.,
besides allowing them in strategizing investments and capitalizing on market
opportunities.
Report Scope:
In this report, global
cellulose ether & its derivatives market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- Market, by Product
Type:
- Carboxy Methyl Cellulose
- Methyl Cellulose
- Ethyl Cellulose
- Hydroxypropyl
Methyl Cellulose
- Others
- Market, by Application:
- Construction
- Personal Care
- Food &
Beverages
- Pharmaceuticals
- Oilfield
Applications
- Others
- Market, by Region:
- Asia-Pacific
- China
- Japan
- Australia
- South Korea
- India
- Singapore
- Europe
- Germany
- Russia
- France
- United Kingdom
- Italy
- North America
- United States
- Mexico
- Canada
- Middle East & Africa
- South Arabia
- Saudi Africa
- Qatar
- UAE
- South America
- Brazil
- Argentina
- Colombia
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in global cellulose ether & its derivatives market.
Available Customizations:
With the given market
data, TechSci Research offers customizations according to a company’s specific
needs. The following customization options are available for the report:
Company
Information
- Detailed analysis and profiling of additional market
players (up to five).
Profit
Margin Analysis
- Profit margin analysis in case of direct and indirect
sales channel.
In case you don’t find what you are looking for,
please get in touch with our custom research team at sales@techsciresearch.com