Cellulose ether is produced from refined, short cotton fibers or wood fibers. Cellulose ether is a water-soluble polymer, which has high molecular weight. It is produced through the chemical modification of cellulose. Cellulose is derived from natural cellulose through reaction with organic acids, anhydrides, or acidic chlorides. These are broadly utilized in building & construction, automotive, and electronics industries due to superb mechanical, physical properties, biocompatibility, hydrophilicity, optical appearance, advanced flow-out homes and pigment wetting characteristics. Cellulose ethers play numerous roles which includes thickeners, binders, film forming agents, lubricators, water retentioners, and more. These properties vary based on the kind of cellulose used for the manufacturing of cellulose ether. The production technique of cellulose ether is a complex procedure, which starts with the extraction of cellulose from raw materials.
COVID-19 Impact Analysis
- At the beginning of 2020, the COVID-19 pandemic began to spread around the world. Millions of people worldwide are infected with the COVID-19 disease. The major economies in the world have issued permanent bans and orders to stop operations. Most life support industries have been hit hard, and the Cellulose Ether & Its derivatives industry has also been hit hard.
- Due to the lockdown in major parts of the world, the manufacturing unit faced lack of manpower for production work.
- The shutdown of some end-use industries is probable to influence the general product call leads to decline the demand in the Cellulose Ether & Its derivatives market.
- With governments lifting the regulations on activities including creation and metal products production in the closing area of 2020, the enterprise is anticipated to regain its vintage call for in the subsequent couple of years.
Top Impacting Factors
- The advantageous features of Cellulose Ethers and its derivatives are driving the growth of the market across the globe. In addition, the growing consumer’s recognition for bio-based products will boom the demand for cellulose ethers & its derivatives market.
- Moreover, the growth of end-use sectors collectively with personal care & prescription drugs coupled with technological enhancements is anticipated to boost the cellulose ether & its derivatives market in the upcoming years.
- The demand for cellulose ether & its derivatives is growing at an excessive pace because numerous different products can’t be substituted in place of cellulose ethers & its derivatives.
- Properties of cellulose ether & its derivatives which consist of few activities in which it acts as a stabilizer in addition to a thickener in aqueous solutions. This makes cellulose ether beneficial in special industries including personal care products, cosmetics, construction, and pharmaceuticals.
- Although call for cellulose ether and its derivatives is increasing but low-priced guar gum can hinder the market of , cellulose ether and Its derivatives , in several industries.
- The first raw material used for making cellulose ethers is cotton linter. However, factors such as extreme climate conditions, and exclusive elements have contributed to the low production of cotton linter. Owing to this, the cost of cotton linter has elevated, and in the long run, affected cellulose ethers & its derivatives manufacturers’ margins.
- A recent trend in the market is the growing inclination for non-GMO cellulose gum products. This trend is particularly prevalent in the US and European countries due to increasing awareness of the health and environmental risks linked with GMO foods.
- On September 2018, the CMC business segment of CP Kelco, a leading player in the market, announced the increase in the price of the entire CMC product portfolio up to 10% worldwide.
- The rising demand for carboxymethyl cellulose as a replacement for gluten is playing a vital role in driving market growth. Gluten is the generic term for proteins in cereal grains like wheat, oat, and rye. It acts as a binder and aids in maintaining the shape of the food.
Key Benefits of the Report
- This study presents the analytical depiction of the Cellulose Ether & Its derivatives industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Cellulose Ether & Its derivatives market share.
- The current market is quantitatively analyzed to highlight the Cellulose Ether & Its derivatives market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed Cellulose Ether & Its derivatives market analysis based on competitive intensity and how the competition will take shape in coming years
Questions answered in the Cellulose Ether & Its derivatives Report
- Who are the leading market players active in the Cellulose Ether & Its derivatives market?
- What current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
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Cellulose Ether & Its derivatives Market Report Highlights
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Key Market Players
Shandong Head Co. Ltd, DOW Chemical Company, DSK Co. Ltd., Ashland, Fenchem Biotek Ltd, Sichem LLC, Shin-Etsu Chemical, Akzonobel, CP Kelco, Reliance Cellulose Products Ltd, Lotte Fine Chemicals, Zhejiang Kehong Chemical Co. Ltd, China Ruitai International Holdings Co. Ltd, SE Tylose GmbH & Co. Kg, Daicel Finechem Ltd