These water-insoluble cellulose derivatives find various applications such as in ceramics. Methylcellulose, cellulose derivative offers uniform thickness, better flow properties, and thermal gelation. Also, Cellulose ethers and cellulose esters which are also cellulose derivatives are widely used in pharmaceutical industries for formulations of health care products.

Other pharmaceutical uses of cellulose derivatives include coating processes, mucoadhesive and bioadhesive drug delivery systems, osmotic drug delivery systems etc. Cellulose derivatives are also used in concrete mixtures as an additive, thus protects the water quality throughout construction.

The cellulose derivatives are manufactured by various grades depending on the use such as, food grade, pharmaceutical grades, constructions grades etc. Cellulose derivative finds applications even in soaps and shampoos for producing long lasting foam. The cellulose derivatives market is expected to expand significantly during the forecast period due to increasing consumption in the diverse application.

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Global Cellulose Derivative Market: Drivers and Restraints

The global cellulose derivative market is primarily driven by the increasing demand from pharmaceutical, personal care, and cosmetic industries. Cellulose derivatives offer wide properties  such as stabilization, emulsification, reversible thermal gelation etc. These properties are enormously required in the food industry and increasing demand for these functional additive properties propels the global cellulose derivatives market.

However, the stringent regulations for cellulose derivative might impact the growth of cellulose derivative market.

Global Cellulose derivative Market: Region wise Outlook

The global cellulose derivative market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA). APEJ holds the major share in the global cellulose derivative market due increasing consumption in various application such as food industry, construction and pharmaceutical industries.

Followed by APEJ is North America and Europe and are expected to grow relatively at a higher CAGR during the forecast period. The global cellulose derivative market is anticipated to expand at a double digit CAGR growth due to expansion of end use industries during the forecast period.

Global Cellulose Derivative Market:  Key Players

Some of the key players identified in the global cellulose derivative market includes:

• Shin-Etsu Chemical Co., Ltd
• LOTTE Fine Chemical
• Samsung Fine Chemicals
• Daicel Corporation.
• Akzo Nobel N.V. (Performance additives)
• Ashland Inc.
• SE Tylose GmbH & Co. KG
• CP Kelco
• Shandong Head Europe BV
• Sichuan Nitrocell Co Ltd

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications.

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Global Cellulose Derivative Market: Segmentation

On the basis of cellulose derivative type, cellulose derivative market is segmented into:-

• Methyl cellulose derivative
• Carboxymethyl  cellulose derivative
• Hydroxyethyl cellulose derivatives
• Ethyl cellulose derivatives
• Others

On the basis of cellulose derivatives grades, cellulose derivative market is segmented into:-

• Food grade
• Pharmaceutical grade
• Industrial grade

On the basis of end use, cellulose derivative market is segmented into:-

• Food Industry
• Pharmaceutical Industry
• Personal Care
• Construction
• Paint Industry
• Others

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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