Carboxymethyl Cellulose Market Size, Share & Trends Analysis growing at a CAGR of 4.4% from 2025 to 2030

The global carboxymethyl cellulose market size was estimated at USD 1,731.2 million in 2024 and is projected to reach USD 2,229.8 million by 2030, growing at a CAGR of 4.4% from 2025 to 2030. The market is primarily driven by the growing demand for functional additives across food & beverages, pharmaceuticals, and personal care sectors.

Key Market Trends & Insights

  • Asia Pacific dominated the carboxymethyl cellulose market with the largest revenue share of 40.7% in 2024.
  • The market in China is expected to grow at a moderate CAGR of 3.8% from 2025 to 2030.
  • By purity, the medium purity (90-99%) segment is expected to grow at the highest CAGR of 4.8% from 2025 to 2030 in terms of revenue.
  • By end use, the oil & gas segment is expected to grow at the highest CAGR of 5.2% from 2025 to 2030 in terms of revenue.

Market Size & Forecast

  • 2024 Market Size: USD 1,731.2 Million
  • 2030 Projected Market Size: USD 2,229.8 Million
  • CAGR (2025-2030): 4.4%
  • Asia Pacific: Largest market in 2024
  • Latin America: Fastest growing region from 2025 to 2030

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Its superior thickening, stabilizing, and water retention properties make it a versatile choice for multiple industries. Additionally, the rising preference for plant-based and biodegradable ingredients is fueling its adoption, particularly in clean-label food and sustainable personal care formulations. Industrial End Uses in oil & gas and detergents further support consistent volume demand across global markets.

Emerging opportunities lie in the development of high-purity, pharmaceutical and food-grade CMC aligned with stringent regulatory standards, as well as the introduction of bio-based and sustainable CMC variants. Growth in vegan, gluten-free, and low-fat product categories is creating demand for CMC as a fat replacer and texture modifier. Furthermore, the expansion of end-use industries in emerging economies, along with increasing investments in R&D for novel End Uses such as 3D printing pastes, bioplastics, and advanced drug delivery systems, offers long-term market potential.

The market faces challenges related to the price volatility of raw materials such as cellulose and caustic soda, which directly affect production costs and profit margins. Additionally, regulatory scrutiny concerning the use of synthetic or chemically modified ingredients in food and pharmaceuticals may impact adoption in certain regions. Competition from alternative hydrocolloids like guar gum, xanthan gum, and microcrystalline cellulose, which offer similar functionalities at varying price points, also poses a competitive threat.

Market Concentration & Characteristics

The market is moderately fragmented, with a few global players, such as Ashland Inc., Dow Chemical Company, CP Kelco, Sevasa Industries Pvt Ltd, Nouryon, dominating the competitive landscape. These companies benefit from their scale of operations, competitive pricing, and diversified product offerings. They are actively investing in research and development, expanding production capacities, and focusing on sustainable practices to strengthen their positions in the competitive market.

Carboxymethyl Cellulose Market Report Scope

Report Attribute

Details

Market size value in 2025

USD 1,797.9 million

Revenue forecast in 2030

USD 2,229.8 million

Growth rate

CAGR of 4.4% from 2025 to 2030

Base year for estimation

2024

Historical data

2018 – 2023

Forecast period

2025 – 2030

Quantitative units

Revenue in USD million/billion, Volume in Kilotons, and CAGR from 2025 to 2030

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Purity, end use, region

Regional scope

North America; Europe; Asia Pacific; Middle East; Africa

Country scope

US; Canada; Mexico; Germany; UK; Italy; Spain; France; China; Japan; South Korea; Saudi Arabia; South Africa; Brazil; Argentina

Key companies profiled

Ashland Inc.; Dow Chemical Company; CP Kelco; Sevasa Industries Pvt Ltd; Nouryon; Lotte Fine Chemical Co.; Sudal Industries; Jungbunzlauer Suisse AG; Shandong Head Co. Ltd.; Zhejiang Tianyu Chemical; Shaanxi Jinye Biochemical; AkzoNobel (now Nouryon)

Customization scope

Free report customization (equivalent up to 8 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

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