Carboxymethyl Cellulose Market Size Expected to Reach USD 2.40 Billion by 2033 [Yahoo! Finance]
DuPont de Nemours, Inc. (DD)
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Source: Yahoo! Finance
Ottawa, July 04, 2024 (GLOBE NEWSWIRE) -- The global carboxymethyl cellulose market size was estimated at USD 1.57 billion in 2023 and is predicted to surpass around USD 2.40 billion by 2033, According to Precedence Research. The carboxymethyl cellulose market is driven by increasing demand for novel products, increase in pharmaceutical application as well as R&D projects. The carboxymethyl cellulose market encompasses the production, distribution, and consumption of CMC, a versatile cellulose derivative used in various industries. Carboxymethyl cellulose (CMC) is a versatile substance used in food manufacturing, medical treatments, and cosmetics. It functions as a viscosity modifier, thickener, and stabilizer in a variety of products. Its high viscosity and nontoxicity make it ideal for cold food preparation, managing oil and moisture content, and stabilizing tartrate in wine. CMC is also found in toothpaste, cleaning products, ice cream, textiles, makeup, hair care products, su
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