Categories: Chemicals And Materials
Cellulose Ethers Market Overview
Cellulose Ethers Market is $4.4 billion in 2020 and is expected to grow at a CAGR of 4.9% during 2021-2028. Cellulose ethers are water-soluble polymers created by modifying cellulose chemically. Food, medicines, personal care goods, oil field chemicals, and other industries use cellulose ethers as stabilizers, thickeners, and viscosity modifiers. Price/performance trade-offs, availability, and simplicity of product reformulation based on price/performance factors all influence polymer selection. The demand for CMC in the oil field sector is steadily increasing, influenced by crude oil prices. CMC is also up against competition from other water-soluble polymers like xanthan gum, which offer performance advantages in some applications. Cellulose ethers have a wide range of applications in the building materials industry. Cellulose ethers are used in various applications, including regular dry mortar, efficient external wall insulation mortar, and more. Carboxymethyl Cellulose (CMC) is widely utilized in beverages and beverage dry mixes because of its high solubility and clarity of solutions. CMC is employed in a variety of drug delivery and tissue engineering applications.
According to Research Informatic, the global Cellulose Ethers market growth estimated until 2027 are expected to be lower than pre-COVID-19 estimates. The COVID-19 outbreak has severely impacted residential and commercial sectors, posing significant economic concerns. Several projects remained unfinished as a result of a lack of funding. This has resulted in a decline in construction material usage, which significantly impacted the raw materials industry. Currently, the global economy is in severe slowdown mode amidst deepening credit crunch, upsetting developmental targets of economies, and COVID-19 pandemic across the world. The COVID-19 pandemic has reduced investment in construction-related projects in the range of 13 to 30%, significantly impacting the Gross Value Added (GVA) and employment in this sector. Since infrastructure projects primarily dominate the construction sector, the current levels of uncertainty are expected to hit the sector seriously.
The report: "Cellulose Ethers Market- Forecast (2021-2028)" covers an in-depth analysis of the following segments of the Cellulose Ethers industry.
By Product Type: Methyl Cellulose, Hydroxypropyl Cellulose (HPC), Ethyl Cellulose, Hydroxyethyl Cellulose, Carboxymethyl Cellulose, Others.
By Form: Powder, Granules.
By End Use: Building and Construction, Food and Beverages, Paints and Coatings, Personal Care and Cosmetics, Agriculture, Pharmaceutical, Pulp and Paper, Textile, Mining, and Others.
By Geography: Global, North America, South America, Europe, Asia Pacific, and RoW.
Drivers – Cellulose Ethers Market
Biodegradable cellulose ethers made from natural raw materials must meet stringent technical requirements regarding strength, water resistance, and mechanics. Still, they must also allow full biodegradability under composting conditions within a three-month rotating cycle as a condition for composting disposal. Commercially accessible carboxymethyl cellulose possesses unique hydrophilicity, water solubility and stability, high chemical stability, nontoxicity, biocompatibility, and biodegradability. It also has no known negative consequences on human health.
However, some organic solvents, such as ethanol make it insoluble. Carboxymethyl Cellulose (CMC) solubility is determined by the degree of polymerization, the degree of substitution, and the substituent distribution. In the biomedical field, CMC can be utilized as a viscosity-enhancing agent, rheological control agent, binder, stabilizer, and film-forming, focusing on medication administration and tissue regeneration.
Opportunity – Cellulose Ethers Market
Approximately 33% of the dissolving pulp of cellulose is used in the derivative markets, such as esters and ethers, with 66% used in regenerated cellulose markets. The market for cellulose ethers is buoyant, with increasing demand in Asia-Pacific resulting in knock-on effects in other cellulose markets. Finnish and Estonian researchers have developed a new process for the production of dissolving pulp from paper grade pulp.
This process has been in commercial production in Finland since the beginning of 2011. It overcomes the need to use limited and highly-priced dissolving pulp to produce regenerated cellulose ether products. There is a huge opportunity for the technique in the upcoming future for cellulose ethers production.
Two technologies could potentially produce high-quality cellulose for industrial uses, although neither are commercial at present. These are biomass fractionation and the production of cellulose through bacteria. The biomass fractionation process splits biomass into three distinct fractions; lignin, cellulose, and hemicelluloses. The process recovers 90–95% of the biomass at a purity of around 95%, which is highly valued. The quality of cellulose derived from biomass fractionation is similar to that obtained from the dissolving pulp markets, especially if it includes a bleaching step.
Challenges – Cellulose Ethers Market
The ability of cellulose ether to retain water is one of its most important properties. The amount of addition, viscosity, fineness, and the temperature of the mortar's use environment are all aspects that affect the water retention effects of dry-mixed mortar. The solubility of cellulose ether is affected by fineness. The coarser cellulose ether is typically granular, easily dispersed, or dissolved in water without caking, but the dissolution rate is sluggish, making it unsuitable for dry-mixed mortar. Cellulose ether is mixed with cementitious ingredients such as aggregate, fine aggregate, and cement in a dry-mix mortar.
The water retention of cellulose ether is likewise related to the operating temperature, and it decreases as the operating temperature rises. The creation of mortar is frequently done in a high-temperature setting in practical engineering, and the workability and crack resistance will both suffer as the water retention decreases.
Another factor affecting the water retention on cellulose ether is viscosity. The viscosity of the Hydroxy Propyl Methyl Cellulose (HPMC) is an important characteristic. Currently, different HPMC manufacturers utilize various methods and apparatus to determine the viscosity of their products. The higher the viscosity, the better the water retention effects will be in general. When the viscosity and molecular weight of HPMC is increased, the dissolution performance of the material is reduced, which has a detrimental impact on the strength and construction performance of the mortar.
By Product Type – Segment Analysis
Carboxymethyl Cellulose held the largest share in the Cellulose Ethers market in 2020. Cellulose ether performs various functions such as thickeners and binders; film formation, lubrication, water retention, soil anti-redeposition agents; and acts as a protective colloid in many industries, including food pharmaceuticals, and personal care products, oilfield chemicals, construction, paper, adhesives, and textiles. The major application segment served by CMC is oil & gas drilling, textile printing and dyeing industry, paper industry, chemicals, construction, food, and many more. 0.1% to 0.3% of Carboxymethyl cellulose added into the pulp can improve 40% to 50% of the tensile strength and degree of compression fracture for the paper, growing 4 to 5 times of kneading. Furthermore, it can also be utilized in mining flotation to separate the metals and impurities as a high-purity, high-efficiency dangling agent.
By Form – Segment Analysis
The powder has been the primary market for Cellulose Ethers in 2020. The powder segment held the largest share in the Cellulose Ethers market in 2020 and is anticipated to grow at a CAGR of 6.4% by volume through the forecast period 2021-2026. Cellulose ethers are normally manufactured in the form of powders, and for most purposes, it is desirable to dissolve the powder in water. The powder form of methylcellulose ethers offers greater dissolving properties, and its aqueous solution exhibits better thermal gelation properties. Cellulose ether performs various functions such as thickeners and binders, film formation, lubrication, water retention, and others which makes them suitable material across the industrial application.
By End-Use – Segment Analysis
Cellulose Ethers Market was the primary Industry for Building and Construction in 2020, growing at a CAGR of 7.2%. Cellulose ethers are the premium choice of the construction industry due to the increasing consciousness of green chemicals. On the other hand, with the advancement of living standards in society and the enhanced awareness of living environment health and safety, naturally derived cellulose ether has become the first choice to replace the conventional chemicals in the industry. North America, Europe, and Asia are the regions with the most dominance regarding the number of deals entered. As per the data released by Oxford Economics and GCP Global, by 2030, global construction output will have increased by 85 per cent to $15.5 trillion, with three nations China, the United States, and India, will be leading the way and accounting for 57 percent of all growth. The building & construction industry is one of the major revenue contributors in both developed and developing nations. According to the United States Census Bureau, U.S. construction spending has amounted to US$452.3 billion during the first four months of 2021. As the world's largest construction market slows down through 2030, China's share of the global construction market will only expand modestly. In comparison, during the next 15 years, construction in the United States will rise at a rate of 5% per year, outpacing that of China.
Geography - Segment Analysis
APAC dominated the Cellulose Ethers market with a share of more than 40% in 2020, followed by North America and Europe. Rising demand for cellulose ether and growing construction industries in countries such as China, India, and Japan, have fuelled the cellulose ethers market growth. The demand in the area is expected to report the highest CAGR during the forecast period.
In developed countries, the construction sector is mature relative to the construction sector in emerging economies, which is rising significantly, fueled by the rising population and increasing urbanization. According to the International Trade Administration (ITA), China is the world’s largest construction market, and the industry is forecasted to grow at an annual average of 5.2% in real terms between 2021 and 2029. Currently, the ongoing construction of new building projects is one of the major factors driving the demand for cellulose ether. For instance, according to the Council on Tall Buildings and Urban Habitat (CTBUH), the construction of Greenland Jinmao International Financial Center with a height of 499.8 m / 1,640 ft and 102 floors started in the year 2019 and is estimated to be completed by 2025. In India, rising government initiatives and investments in various end-use industries are some of the major factors driving the market growth. According to the India Brand Equity Foundation, the residential sector is set to expand dramatically, with the federal government intending to build 20 million affordable houses in metropolitan areas across the country by 2022 under the Union Ministry of Housing and Urban Affairs' ambitious Pradhan Mantri Awas Yojana (PMAY) scheme.
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Cellulose Ethers market. Major players in the Cellulose Ethers market are
Chapter 1 Cellulose Ethers Market Overview
1.1 Product Overview and Scope of Cellulose Ethers
1.2 Cellulose Ethers Market Segmentation By Type
1.2.1 Methyl Cellulose
1.2.2 Hydroxypropyl Cellulose (HPC)
1.2.3 Ethyl Cellulose
1.2.4 Hydroxyethyl Cellulose
1.2.5 Carboxymethyl Cellulose
1.3 Cellulose Ethers Market Segmentation by End Use
1.3.1 Building and Construction
1.3.2 Food and Beverages
1.3.3 Paints and Coatings
1.3.4 Pulp and Paper
1.4 Cellulose Ethers Market Segmentation by Regions
1.4.1 North America
1.4.4 Southeast Asia
1.5 Global Market Size (Value) of Cellulose Ethers (2015-2027)
Chapter 2 Global Economic Impact on Cellulose Ethers Industry
2.1 Global Macroeconomic Environment Analysis
2.1.1 Global Macroeconomic Analysis
2.1.2 Global Macroeconomic Environment Development Trend
2.2 Global Macroeconomic Environment Analysis by Regions
Chapter 3 Global Cellulose Ethers Market Competition by Manufacturers
3.1 Global Cellulose Ethers Production and Share by Manufacturers (2021 and 2021)
3.2 Global Cellulose Ethers Revenue and Share by Manufacturers (2021 and 2021)
3.3 Global Cellulose Ethers Average Price by Manufacturers (2021 and 2021)
3.4 Manufacturers Cellulose Ethers Manufacturing Base Distribution, Production Area and Product Type
3.5 Cellulose Ethers Market Competitive Situation and Trends
3.5.1 Cellulose Ethers Market Concentration Rate
3.5.2 Cellulose Ethers Market Share of Top 3 and Top 5 Manufacturers
3.5.3 Mergers & Acquisitions, Expansion
Chapter 4 Global Cellulose Ethers Production, Revenue (Value) by Region (2015-2021)
4.1 Global Cellulose Ethers Production by Region (2015-2021)
4.2 Global Cellulose Ethers Production Market Share by Region (2015-2021)
4.3 Global Cellulose Ethers Revenue (Value) and Market Share by Region (2015-2021)
4.4 Global Cellulose Ethers Production, Revenue, Price and Gross Margin (2015-2021)
4.5 North America Cellulose Ethers Production, Revenue, Price and Gross Margin (2015-2021)
4.6 Europe Cellulose Ethers Production, Revenue, Price and Gross Margin (2015-2021)
4.7 China Cellulose Ethers Production, Revenue, Price and Gross Margin (2015-2021)
4.8 Japan Cellulose Ethers Production, Revenue, Price and Gross Margin (2015-2021)
4.9 Southeast Asia Cellulose Ethers Production, Revenue, Price and Gross Margin (2015-2021)
4.10 India Cellulose Ethers Production, Revenue, Price and Gross Margin (2015-2021)
Chapter 5 Global Cellulose Ethers Supply (Production), Consumption, Export, Import by Regions (2015-2021)
5.1 Global Cellulose Ethers Consumption by Regions (2015-2021)
5.2 North America Cellulose Ethers Production, Consumption, Export, Import by Regions (2015-2021)
5.3 Europe Cellulose Ethers Production, Consumption, Export, Import by Regions (2015-2021)
5.4 China Cellulose Ethers Production, Consumption, Export, Import by Regions (2015-2021)
5.5 Japan Cellulose Ethers Production, Consumption, Export, Import by Regions (2015-2021)
5.6 Southeast Asia Cellulose Ethers Production, Consumption, Export, Import by Regions (2015-2021)
5.7 India Cellulose Ethers Production, Consumption, Export, Import by Regions (2015-2021)
Chapter 6 Global Cellulose Ethers Production, Revenue (Value), Price Trend by Type
6.1 Global Cellulose Ethers Production and Market Share by Type (2015-2021)
6.2 Global Cellulose Ethers Revenue and Market Share by Type (2015-2021)
6.3 Global Cellulose Ethers Price by Type (2015-2021)
6.4 Global Cellulose Ethers Production Growth by Type (2015-2021)
Chapter 7 Global Cellulose Ethers Market Analysis by Application
7.1 Global Cellulose Ethers Consumption and Market Share by Application (2015-2021)
7.2 Global Cellulose Ethers Consumption Growth Rate by Application (2015-2021)
7.3 Market Drivers and Opportunities
7.3.1 Potential Applications
7.3.2 Emerging Markets/Countries
Chapter 8 Cellulose Ethers Manufacturing Cost Analysis
8.1 Cellulose Ethers Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.1.4 Market Concentration Rate of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.2.1 Raw Materials
8.2.2 Labour Cost
8.2.3 Manufacturing Expenses
8.3 Manufacturing Process Analysis of Nano Diamond Battery
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
9.1 Cellulose Ethers Industrial Chain Analysis
9.2 Upstream Raw Materials Sourcing
9.3 Raw Materials Sources of Cellulose Ethers Major Manufacturers in 2021
9.4 Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
10.1 Marketing Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.1.3 Marketing Channel Development Trend
10.2 Market Positioning
10.2.1 Pricing Strategy
10.2.2 Brand Strategy
10.2.3 Target Client
10.3 Distributors/Traders List
Chapter 11 Market Effect Factors Analysis
11.1 Technology Progress/Risk
11.1.1 Substitutes Threat
11.1.2 Technology Progress in Related Industry
11.2 Consumer Needs/Customer Preference Change
11.3 Economic/Political Environmental Change
Chapter 12 Global Cellulose Ethers Market Forecast (2021-2027)
12.1 Global Cellulose Ethers Production, Revenue Forecast (2021-2027)
12.2 Global Cellulose Ethers Production, Consumption Forecast by Regions (2021-2027)
12.3 Global Cellulose Ethers Production Forecast by Type (2021-2027)
12.4 Global Cellulose Ethers Consumption Forecast by Application (2021-2027)
12.5 Cellulose Ethers Price Forecast (2021-2027)
Chapter 13 Appendix
Historical Data:2017 - 2019
No of Pages:120