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Global Cellulose Ethers Market Worth $2.3 Billion by 2017
By: PR Newswire
Dec. 6, 2012 04:31 AM
DALLAS, December 6, 2012 /PRNewswire/ --
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.
Browse 114 market data tables and 11 figures spread through 265 pages and in-depth TOC on "Cellulose Ethers Market By Derivative [Methyl, Ethyl & Carboxymethyl Cellulose] & Application [Pharmaceuticals, Personal Care, Construction, Food & Beverages, Surface Coatings & Paints] -Global Trends & Forecasts to 2017".
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 cellulose ethers market 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.
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