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Global Cellulose Ether Market to Reach USD 2.3 Bn by 2017, Reports MarketsandMarkets

Published on 2012-12-12. Author : SpecialChem

The report "Cellulose Ethers Market By Derivative & Application - Global Trends & Forecasts to 2017" analyzes cellulose ether market with respect to market drivers, opportunities, and trends in the diverse geographical regions such as North America, Europe, Asia, and ROW.

Cellulose ether is finding its usage in diverse applications owing to its unique properties such as rheology, viscosity increment effect, water retention, and solubility which no other material exhibit. There is hardly any material that has proved to be a suitable alternative for cellulose ether which is a key market booster for latter. The high growth application areas such as personal care, pharmaceuticals, construction sector, and food ingredients are some important end-users for cellulose ether market.

Cellulose ether is consumed worldwide across a broad spectrum of applications. To cater to the demand of the market, there are number of players in the industry involved in its production and their derivatives. Some of the important market players for cellulose ether are The Dow Chemicals Company (U.S.), Ashland Speciality Chemicals (U.S.), and Shin Etsu Chemical Co. Ltd (Japan). To cater to the demand across the globe, the manufacturers have built up their production facilities in many regions which increase accessibility to the users.

The market for cellulose ether is been segmented as Methyl cellulose and derivatives - Methyl cellulose, Hydroxy propyl methyl cellulose & Hydroxy ethyl methyl cellulose, Ethyl cellulose & derivatives- Ethyl cellulose & Hydroxy ethyl cellulose, and Carboxymethyl cellulose.

The applications market is analyzed for each market types. These applications include pharmaceuticals, food ingredients, personal care, construction, food & beverages, drugs & cosmetics, and surface coatings & paints.

Cellulose ether is a billion dollar market, which is expected to reach $2.3 billion by 2017 at a CAGR of 5.9% from 2012-2017. Currently, methyl cellulose & derivatives and ethyl cellulose & derivatives are expected to boost the global market.

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. They publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

MarketsandMarkets help their clients grow by providing apt business insight with their huge market intelligence repository.

Source: MarketsandMarkets


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