Global Pressure Sensitive Adhesives Market is Expected to Reach USD 7.96 Billion by 2019

According to a new market report published by Transparency Market Research (www.transparencymarketresearch.com) “Pressure Sensitive Adhesives (Water-based, Solvent-based, Hot Melt, Radiation Cured) Market For Tapes, Specialty, Labels, Graphics, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019,” the global pressure sensitive adhesives market was valued at USD 5.58 billion in 2012 and is expected to reach USD 7.96 billion by 2019, growing at a CAGR of 5.2% over the forecast period from 2013 to 2019. The global pressure sensitive adhesives market volume was 2,421.1 kilo tons in 2012.

The industry is expected to expand at a rapid pace due to the increasing application of pressure sensitive adhesives in electronics, automotive, and packaging materials. Increased adoption of RFID labels for better inventory management, miniaturization of electronic devices, increasing demand for light weight and low emission automotives, and low cost, flexible packaging materials are some of the factors expected to be major drivers for the pressure sensitive adhesives market in the years to come.

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Pressure sensitive adhesives can be classified based on product types into four segments - water-based, solvent-based, hot melt, and radiation cured. Water-based pressure sensitive adhesives were the dominant segment with 41.1% of the global demand in 2012. Solvent-based pressure sensitive adhesives were the second largest product segment; however, they are expected to lose market share due to regulations against VOC emissions from these products. Hot melt pressure sensitive adhesives and radiation cured pressure sensitive adhesives accounted for the remaining quarter of the volume in 2012.

Key end-use applications for pressure sensitive adhesives include tapes, labels, graphics, specialty, and others including notepads, automotive trims and dental adhesives. Globally, tapes are the largest end-use application segment of pressure sensitive adhesives in terms of volume demand. Tapes accounted for 43.7% of the global volume in 2012. Labels are expected to be the fastest growing end-use application segment growing at a CAGR of 5.1% over the forecast period from 2013 to 2019.

The global pressure sensitive adhesives market was dominated by Asia Pacific in 2012. The market is expected to witness robust growth in Asia Pacific due to the growing demand for pressure sensitive adhesives from electronics and automotive industries in this region. North America was the second largest market for pressure sensitive adhesives with a market share of 26.4% in terms of volume demand. Europe and Rest of the World together accounted for a quarter of the global market volume in 2012.

3M Company, HB Fuller, Henkel AG, Avery Dennison, BASF SE, and LG Chem are some of the leading pressure sensitive adhesives suppliers across the world. The top three players accounted for more than 40.5% of the market in terms of revenue.

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The report segments the global pressure sensitive adhesives market as:

Pressure Sensitive Adhesives Market – Product Segment Analysis

- Water-based

- Solvent-based

- Hot melt

- Radiation cured

Pressure Sensitive Adhesives Market – Application Analysis

- Tapes

- Specialty

- Labels

- Graphics

- Others (Automotive trims, dental adhesives, notepads, etc.)

Pressure Sensitive Adhesives Market - Regional Analysis

- North America

- Europe

- Asia Pacific

- Rest of the World

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Polycarbonate Market is Expected to Reach US$ 19.59 Bn in 2020

Transparency Market Research has published a new market report titled “Polycarbonate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020.” According to the report, the global polycarbonate market was valued at US$ 12.86 Bn in 2013 and is anticipated to reach US$ 19.59 Bn by 2020, expanding at a CAGR of 6.2% between 2014 and 2020.

Polycarbonate is a thermoplastic polymer manufactured using bisphenol A (BPA) and phosgene as the major feedstock. It can be easily molded and thermoformed to form various products. Polycarbonate offers high impact resistance; however, it lacks the property of scratch resistance. Polycarbonate is highly transparent vis-à-vis many types of glasses. It can sustain major plastic deformations without breaking or cracking and have thermal stability over a range of temperature. Thus, various transformation processes such as extrusion with tube or cylinders and injection molding can be used to manufacture different polycarbonate products.

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Rising demand for light vehicles is projected to drive the polycarbonate market in the near future. Expansion in the global consumer electronics industry and increasing usage of thermoplastic polymers in the manufacture of electronic components is boosting the polycarbonate market. Furthermore, significant increase in demand for polycarbonates in packaging application and high growth in emerging economies is fuelling the polycarbonate market. However, volatility in prices of major raw materials is estimated to hamper market growth. Rising demand for bio-based and scratch resistant polycarbonates is likely to provide immense growth opportunities for the polycarbonate market in the next few years.

In terms of volume, electronics application segment held the largest share of the global polycarbonate market in 2013. The segment accounted for over 26% share of the market in 2013. Automotive is expected to be the fastest growing application segment in the next few years. Rising demand for light vehicles is projected to boost the automotive application segment during the forecast period. Packaging and construction segments are estimated to expand at moderate rates in the next few years.

Asia Pacific dominated the global polycarbonate market, accounting for more than 61% share in terms of volume in 2013. This can be ascribed to growth in automotive and electronics applications. The region was followed by Europe and Rest of the World (RoW). Demand for polycarbonate packaging in RoW is anticipated to increase at a moderate rate in the next few years owing to steady demand in automotive and construction applications.

Key players in the polycarbonate market include Bayer MaterialScience AG, Chi Mei Corporation, Trinseo (Styron), Mitsubishi Engineering-Plastics Corporation, SABIC Innovative Plastics, Teijin Limited, Idemitsu Kosan Co., Ltd., Centroplast Engineering Plastics GmbH, Royal DSM, and Asahi Kasei Chemical Corporation.

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This report segments the global polycarbonate market as follows:

Polycarbonate Market: Application Analysis

- Automotive

- Electronics

- Construction

- Optical media

- Packaging

- Others (Including medical implants, tableware, etc.)

Polycarbonate Market: Regional Analysis

- North America

- Europe

- Asia Pacific

- Rest of the World

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Nonwoven Materials and Products Market in Asia Pacific and Middle East is Anticipated to Reach USD 20.62 Billion by 2019

Nonwoven Materials and Products Market in AsiaTransparency Market Research has released a new market report titled Nonwoven Materials and Products (Polypropylene, Polyester, Nylon and Others) Market for Disposable Applications and Durable Applications - Asia Pacific and Middle East Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019,” which observes that the revenue generated by the Nonwoven Materials and Products Market in Asia Pacific was USD 10.87 billion in 2012 and is expected to reach USD 18.17 billion by 2019, growing at a CAGR of 7.6% from 2013 to 2019. The revenue generated by the nonwoven materials and products market in the Middle East was USD 1.42 billion in 2012 and is expected to reach USD 2.46 billion by 2019, growing at a CAGR of 8.2% from 2013 to 2019.

Nonwoven fabric is a special type of fabric which can be manufactured by various processes other than weaving and knitting. Durable applications market segment is the largest application area for nonwoven materials and products followed by the disposable applications market segment. Durable applications comprise home furnishings, wall coverings, coating substrates, apparel interlinings, roofing products and geo-textiles. Disposable applications encompass adult incontinence products, baby diapers, disposable wipes, feminine hygiene products, linens, medical or surgical products, filters, disposable garments and fabric softener substrates. The durable applications segment is the fastest growing market segment for nonwoven materials and products. The rising demand for medical disposable supplies is the major driver for the growing consumption of nonwoven materials and products in emerging economies. Asia Pacific and the Middle East are predicted to be the fastest growing regional markets for nonwoven materials and products across the globe.

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The durable applications segment dominated the demand for nonwoven materials and products and accounted for 60.6% of the demand in Asia Pacific in 2012. The increasing use of durable nonwovens in various industrial, construction and agriculture applications in Asia Pacific and the Middle East region is ultimately resulting in rising demand for nonwoven materials and products. Rapidly growing medical nonwovens market is the key growth driver for the nonwoven materials and products market in developing countries in Asia Pacific and the Middle East region. The increasing demand for nonwoven materials and products in applications such as medical disposables and geo-textiles is estimated to drive the nonwoven materials and products market in Asia Pacific and the Middle East in the next six years.

The nonwoven materials and products market in Asia Pacific is dominated by China, which accounted for 65.5% of the total volumes consumed in 2012 in the region. Growth of nonwoven materials and products market in Asia Pacific is principally driven by increasing consumption from the medical and agriculture industry in developing countries such as China and India. Egypt and Saudi Arabia dominated the Middle East market and accounted for more than 60% of the nonwoven materials and products market in the region. Market saturation and product maturation in developed countries in North America and Europe has encouraged the key market players to focus on the highly lucrative Asia Pacific and Middle East market. Key market participants profiled in this report include Freudenberg SE, Ahlstrom Incorporated, Du Pont, Kimberly-Clark Corporation, Polymer Group Incorporated, The Procter and Gamble Company, ExxonMobil Chemical Limited, The Dow Chemical Company, Advanced Fabrics (SAAF), The JOFO Group, Toray Industries, Saudi German Co., Unicharm Corporation, SCA Hygiene Products SE, Kao Corporation and Saudi Basic Industries Corporation (SABIC) among others.

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Nonwoven Materials and Products Market: Product Segment Analysis

• Polypropylene
• Polyester
• Nylon
• Others (Including cellulosics, bio-component fibers, nano-fibers, etc.)

Nonwoven Materials and Products Market: Application Segment Analysis

• Disposables (Including medical products, disposable wipes, filters, etc.)
• Durables (Including wall coverings, home furnishings, geo-textiles, etc.)

Nonwoven Materials and Products Market: Regional Analysis

• Asia Pacific
• Middle East

Nonwoven Materials and Products Market: Country Analysis

• Asia Pacific
• China
• Hong Kong
• India
• Taiwan
• Korea
• Japan
• Singapore
• Malaysia
• Indonesia
• Thailand
• Australia
• New Zealand
• Middle East
• Saudi Arabia
• United Arab Emirates (UAE)
• Egypt
• Jordan

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Global Polyisobutylene Market is Expected to Reach USD 1.78 billion by 2019

According to a new market report published by Transparency Market Research Polyisobutylene (Butyl Rubber) Market for Automotives, Additives and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019, the Polyisobutylene market was valued at USD 1.32 billion in 2012 and is expected to reach USD 1.78 billion by 2019, growing at a CAGR of 4.3% over the forecast period from 2013 to 2019. In terms of volume, global polyisobutylene market was 880.6 kilo tons in 2012.

Improvement of road infrastructure and radialization are expected to stimulate the trend for radial passenger vehicle tires, in turn, driving the polyisobutylene (PIB) market growth. Additionally, increasing trade activities across various regions due to improving economic conditions have led to a growing trend for radial trucks and bus tires in emerging as well as developed economies, which is expected to augment demand for PIB. Moreover, increasing number of stringent regulations regarding high quality medical packaging is expected to fuel the demand for PIB further. BRIC countries have a tremendous potential for PIB demand in the near future. High tire replacement activities in regions such as North America and Europe are also expected to exhibit high demand for PIB over the next few years.

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PIB demand is also expected to increase on account of the growth of the other high quality non-automobile applications such as medical devices and adhesives and sealants as PIB is the first choice material in medical applications due to its high impermeability to gases and liquids. For instance, use of PIB for medical stoppers is mandatory in China. This is anticipated to fuel the demand for PIB further. However, the environmental impact on account of the PIB spills is expected to hinder the market growth over the forecast period. Growing awareness regarding the use of recyclable PIB materials is anticipated to open new opportunities for growth of the PIB market.

Automotive applications dominated the PIB market and accounted for approximately 75% of the total market in 2012. The increasing demand of tires on account of the rapidly growing automobile industry is expected to augment the demand for PIB substantially within the forecast period. The growing demand of lubricants is expected to drive the demand for PIB in additives. .The growing disposable income level mainly in BRIC (Brazil, Russia, India and China) is one of the major factors driving the demand for PIB within the forecast period.

Asia Pacific dominated the global polyisobutylene market and accounted for over 55% of the total polyisobutylene market in 2012. Asia Pacific is expected to be the fastest growing market for polyisobutylene over the forecast period. The growth of major end use industries including automobiles and transportation mainly in emerging economies of China and India are expected to fuel the market for polyisobutylene in the region.

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The report gives a comprehensive view of the polyisobutylene market in terms of volume and revenue. In addition, the report includes current demand analysis and forecast for each product and application in North America, Europe, Asia Pacific and Rest of the World. The report comprises of the following segments:

Polyisobutylene Market - Application Analysis

• Automotives
• Additives
• Others (Pharmaceutical, adhesives & sealants, construction, etc.)

Polyisobutylene Market - Regional Analysis

• North America
• Europe
• Asia Pacific
• Rest of the World (RoW)

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Automotive Wire and Cable Materials Market Asia-Pacific to Retain Lead Through 2019

The global automotive wire and cable materials market is directly proportionate to the growth of the automobile industry. According to a recent report published by Transparency Market Research (TMR), the thriving automotive sector is one of the major forces influencing the wire and cable materials market. The report, titled “Automotive Wire and Cable Materials Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”, is available for sale on the company’s website.

The 89-page research study discusses the emergence and development of the automotive wire and cable materials market, providing a comprehensive overview of the global scenario. Segmenting the overall market on the basis of products, the report also cross-examines the product segments with respect to four key geographical regions: North America, Europe, Asia-Pacific, and Rest of the World. Automotive wire and cable materials include polyphenylene ether (PPE), cross linked polyethylene (XPLE), thermoplastic polyurethane (TPU), polyvinyl chloride (PVC), and others.

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Regionally, Asia-Pacific dominates the automotive wire and cable materials market in terms of consumption. The automotive industry has been flourishing in this region owing to rising demand for commercial and personal vehicles and growing purchasing power. The gross domestic product (GDP) in emerging economies such as Malaysia, India, China, and Indonesia has increased considerably, thereby fueling the automotive as well as automotive wire and cable materials market. Moreover, many leading market players are based in the Asia-Pacific region and this has helped cater to the ever-increasing demand from the automotive industry.

In terms of consumption, North America is the second-largest market for automotive wire and cable materials, followed by Europe. The U.S. economy has been on the path of revival, which has supported the demand for automobiles. A majority of the leading automobile manufacturers are based in Europe, which offers a certain degree of advantage for the market. Nevertheless, the demand for these vehicles more often than not stems from other geographies such as Asia, thereby distributing the consumption of automotive wire and cable materials and sharply reducing the automotive demand from within Europe.

A factor that challenges the growth of the market is environmental concerns associated with the recycling and disposal of automotive wire and cables. However, factors such as rising in-vehicle wiring applications, favorable government initiatives to promote hybrid and electric cars, and introduction of bio-based plasticizers are expected to propel automotive wire and cable materials in the coming years.

The research report studies the competitive landscape of the global automotive wire and cable materials market and profiles the leading players who have contributed to the growth of the industry. According to the report, the five most dominating players of the automotive wire and cable materials enjoy more than 60% of the global industry share, which makes the overall market immensely consolidated.

The companies mentioned in the automotive wire and cable materials market report are Coficab Tunisie SA, Sumitomo Electric Industries Ltd, Allied Wire & Cable, Judd Wire, Inc., ITC Thermo Cable GmbH, Delphi Automotive PLC, Coroplast Fritz Müller GmbH & Co. KG, Draka Holding N.V., Yazaki Corporation, Leoni AG, and Lear Corporation. For each of the companies, the report studies attributes such as financial and company overview, recent developments, business strategies, product portfolio, and SWOT analysis.

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Global Phytosterols Market is Expected to Reach USD 678 Million in 2019

According to a new report published by Transparency Market Research Phytosterols (B-Sitosterol, Campesterol, Stigmasterol, Ergosterol) Market for Food Ingredients, Pharmaceuticals, Cosmetics: Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019 the global demand for phytosterols was valued at USD 347.9 million in 2012 and is expected to reach USD 678 million in 2019, growing at a CAGR of 10.0% from 2013 to 2019. In terms of volume, the global demand for phytosterols was 14,075.0 tons in 2012.

The growing consumption of phytosterol-fortified products in medical applications on account of rising number of coronary heart diseases has been one of the major factors for the growth of the phytosterols market. In addition, high awareness regarding various health benefits from the consumption of phytosterols has also contributed towards the growth of the market. However, increasing substitution of phytosterols by certain substances such as omega 3 fatty acids due to provision of additional health benefits in comparison to phytosterols is expected to slow down the growth of the market. Focus of manufacturers towards technological innovation as well as market expansion in emerging regions such as Asia Pacific is expected to provide new opportunities for the growth of the market.

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β-sitosterol accounted for the largest market share in the phytosterols market acquiring over 65% of the market share in 2012, followed by campesterol. β-sitosterols are the most widely consumed phytosterols owing to the widespread availability of its source. They are found across a large segment in plants. Moreover, the product is also expected to witness the fastest growth rate over the forecast period.

Demand for phytosterols was the largest from food ingredients, accounting for over 50% of total market volumes in 2012 largely due to the large consumption of supplements in North America and Europe and the high level of awareness of phytosterols in these regions. However, future market growth is expected to be from pharmaceuticals due to technological innovation as well as increased application scope of phytosterols in the pharmaceutical industry. The pharmaceutical application segment is anticipated to grow at a CAGR of 9.3% between 2013 and 2019. Other applications of phytosterols such as cosmetics accounted as niche segments on account of stiff competition from substances providing similar application benefits.

Europe accounted for the largest market share in the phytosterols market, acquiring over 50% of the market share in 2012, followed by North America and Asia Pacific. Moreover, Europe is anticipated to witness the fastest growth rate on account of high consumption of formulation and pharmaceuticals in the region. Other regions such as Asia Pacific is expected to grow at a faster rate than North America due to the high number of coronary heart disease cases (CHD) in the region as well as rising awareness regarding the benefits of phytosterols in prevention of CHD. In addition, the cosmetic industry in this region is expected to have the highest growth rate and with increased usage of phytosterols in cosmetics, Asia Pacific is anticipated to be one of the major forces in the phytosterol market in the next few years.

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Phytosterols Market: Product Segment Analysis

• β-sitosterol
• Campesterol
• Stigmasterol
• Others (Ergosterol and Brassicasterol)

Phytosterols Market: Application Analysis

• Food Ingredients (Supplements and Beverages)
• Pharmaceuticals
• Cosmetics

Phytosterols Market: Regional Analysis

• North America
• Europe
• Asia Pacific

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Ceramic Tiles Market Will Have to Brave Regulatory Headwinds, Will Achieve Moderate Growth Through 2019

A recent report published by Transparency Market Research states that the global ceramic tiles market is currently growing at a CAGR of 9.2% from 2013 to 2019. The market was previously worth US$60.74 billion in 2013 and by the end of 2019, the market is estimated to reach a total worth of US$112.32 billion.

The 73-page research report is titled “Ceramic Tiles Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019” and aims to provide its user with a complete understanding of the mechanics of the global ceramic tiles market, in order to compile an effective market strategy.

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The global ceramic tiles market was weighed in at 11,199.6 million square meters in 2012. According to an analyst with TMR, this market is primarily driven by increasing construction activities that require larger quantities of ceramic tiles. This holds stronger for residential construction projects. Another force propelling the market is the use of innovative technology to create increasingly efficient manufacturing processes and to improve the aesthetics of ceramic tiles.

Citing findings from the report, the analyst states, “The dominant sector in the global ceramic tiles market for 2012 was floor tiles and the segment held more than 52% of the market’s share. The segment’s demand is also expected to increase within the report’s forecast period, which can be attributed to the rapid pace of urbanization in the Asia Pacific region. More families can afford residential housing that comes with ceramic tiles due to greater levels of disposable income.”

The report also discusses the presence of restraining factors in the global ceramic tiles market. Strict government regulations regarding the usage of ceramic tiles and volatility in energy costs are some of the key challenges of the global market. The production of ceramic tiles releases various exhaust and greenhouse gases and companies across the globe have been trying to develop production processes that are in line with government norms.

According to the report, the Asia Pacific region is the fastest-growing one in the global ceramic tiles market, in terms of production as well as consumption. The region also dominated the global scenario in 2012, with a hold of nearly 66% of the market’s share. The region’s success in the global ceramic tiles market is credited to its many emerging economies. Asia Pacific is described by the report as a key destination for manufacturers of ceramic tiles and multiple major players in the market are establishing bases in this region.

The second-strongest region of the ceramic tiles market in terms of consumption is Europe. Revenue-wise, the region’s growth is estimated to be at a CAGR of 7.6% within the report’s forecast period.

Key players in the global ceramic tiles market that feature in the report include Porcelanosa Grupo, Kajaria Ceramics, Ceramica Saloni, Mohawk Industries, China Ceramics, and RAK Ceramics.

The major use of ceramic tiles arises due to their unique chemical properties. Ceramic tiles are strong, hard, and brittle. They are also weak in shearing and tension. Due to this, the tiles can provide substantial resistance to high temperatures, harsh environments, and can withstand exposure to caustic or acidic chemicals.

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Global Microbial Biosurfactants Market is Expected to Reach USD 17.1 Million in 2020

Transparency Market Research has released a new market report titled “Microbial Biosurfactants Market (Rhamnolipids, Sophorolipids, Mannosylerythritol Lipids (MEL) and Other) for Household Detergents, Industrial & Institutional Cleaners, Personal Care, Oilfield Chemicals, Agricultural Chemicals, Food Processing, Textile and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” which observes that the global microbial biosurfactants market demand was valued at USD 12.7 million in 2012 and is expected to reach USD 17.1 million by 2020, expanding at a CAGR of 4% from 2014 to 2020.

Increasing demand for bio-based products, especially in Europe, and rising consumer awareness in developing countries is anticipated to drive the global microbial surfactants market. Additionally, favorable regulatory outlook in developed countries is estimated to fuel market growth in the next few years. However, high prices of microbial surfactants vis-à-vis plant-derived and synthetic counterparts are projected to hamper market growth. The application of microbial biosurfactants in the environmental sector is likely to offer immense opportunities in the global microbial biosurfactants market during the forecast period.

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Sophorolipids emerged as the largest microbial biosurfactants in 2012, accounting for 54% of the global market in 2012. These are the most preferred surfactants for commercialization due to high production yields. These are expected to be the fastest growing microbial surfactants during the forecast period. MEL is in the nascent stage, with low volume of production. Rhamnolipids are the second-largest microbial surfactants consumed globally. These surfactants are widely used in enhanced oil recovery, biopesticides and bioremediation.

Household detergents emerged as the leading application in the microbial biosurfactants market in 2012. Consumers are shifting from synthetic chemical-based products to bio-based products due to increasing environmental awareness. The personal care application segment emerged as the second-largest application of the total microbial biosurfactants market and is expected to reach USD 2.39 million by 2020. The demand of microbial surfactants for oil field, agriculture applications is expected to grow at a moderate rate during the forecast period.

Europe dominated the global microbial surfactants market in 2012, accounting for 54.7% of the overall market. Europe dominates the consumption of microbial biosurfactants due to stringent regulations regarding usage of bio-based products. It is expected to be the fastest growing region during the forecast period. Europe was followed by North America, which is expected to grow at a CAGR of 5.6% in terms of demand, from 2014 to 2020. Asia Pacific is anticipated to grow at a considerable rate due to increasing consumer awareness for bio-based products. Rest of the World (RoW) accounted for a smaller share of the market owing to less consumer awareness and high prices of products.

The global microbial surfactants market is highly consolidated, with the top three players accounting for 60.9% of the overall market in 2012. Leading players in the market include MG Intobio, Ecover, Saraya, Soliance, AGAE Technologies and Jeneil Biotech.

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This report segments the global microbial biosurfactants market as follows:

Microbial Biosurfactants Market - Product Segment Analysis

• Rhamnolipids
• Sophorolipids
• Mannosylerythritol Lipids (MEL)
• Others (Including other glycolipids, fatty acids and polymeric surfactants etc.)

Microbial Biosurfactants Market - Application Analysis

• Household detergents
• Industrial & institutional cleaners
• Personal care
• Oilfield chemicals
• Agricultural chemicals
• Food processing
• Textile
• Others (Including Medical, Bioremediation, Pharmaceuticals, etc.)

Microbial Biosurfactants Market - Regional Analysis

• North America
• Europe
• Asia Pacific
• Rest of the World

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Global Carboxymethyl Cellulose Market is Expected to Reach USD 1,039.8 Million in 2019

Transparency Market Research (www.transparencymarketresearch.com) has published a new report titled “Carboxymethyl Cellulose Market for Food and Beverages, Oil Drilling Fluids, Paper Processing, Personal Care, Paints & Adhesives, and Other End-users - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019.” According to the report, global market for carboxymethyl cellulose was valued at USD 834.0 million in 2012 and is expected to reach USD 1,039.8 million in 2019, growing at a CAGR of 3.2% between 2013 and 2019.

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The market for carboxymethyl cellulose was driven by high demand in low fat and gluten-free frozen desserts. Carboxymethyl cellulose helps reduce fat content in food. High demand from the food and beverages industry coupled with increase in global oil drilling activities across the world has been driving the global carboxymethyl cellulose market over the past few years. Increasing demand from personal hygiene products and rising iron ore and taconite mining activities are expected to offer opportunities for growth to the carboxymethyl cellulose market over the next few years. However, government regulations related to carboxymethyl cellulose in various end-user industries coupled with increasing threat from substitutes is expected to hamper growth of the carboxymethyl cellulose market.

Demand for carboxymethyl cellulose was the highest from food and beverages, one of the fastest growing end-user segments in 2012. Oil drilling fluids held the second-largest demand for carboxymethyl cellulose, accounting for 22.3% of market share in 2012. Personal care is another major and rapidly growing end-user for carboxymethyl cellulose. It is likely to follow similar trend over the next few years. Paper processing, and paints and adhesives are likely to witness stable demand for carboxymethyl cellulose over the forecast period. Other end-users such as industrial detergents and mining are anticipated to provide higher opportunities to the carboxymethyl cellulose market in the next few years.

Asia Pacific dominated the carboxymethyl cellulose market in 2012. The region is anticipated to exhibit potential growth for carboxymethyl cellulose market over the forecast period. Asia Pacific was followed by Europe. In Europe, various end-users such as food and beverages, personal care and paper processing exhibited high demand for carboxymethyl cellulose. North America was the third-largest market for carboxymethyl cellulose in 2012. The U.S. led the demand for carboxymethyl cellulose in the region. Rest of the World is anticipated to witness stable demand for carboxymethyl cellulose between 2013 and 2019.

The report provides a comprehensive view of the carboxymethyl cellulose market in terms of volume and revenue. In addition, the report includes current demand analysis and forecast for end-users in North America, Europe, Asia Pacific and Rest of the World.

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Carboxymethyl Cellulose Market: End-user Analysis

• Food and beverages
• Oil drilling fluids
• Paper processing
• Personal care
• Paints and adhesives
• Others (Including industrial detergents, mining, etc.)

Carboxymethyl Cellulose Market: Regional Analysis

• North America
• Europe
• Asia Pacific
• Rest of the World

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