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Carboxymethyl Cellulose Market Growth, COVID Impact, Trends Analysis Report Forecast to 2032
The global carboxymethyl cellulose market is currently expected to be around US$ 1835.10 million in 2022 and is expected to progress at a constant CAGR of 4.8% between 2022 and 2032 to reach a valuation of USD to be reached 2,932.7 million by 2032.
Increasing demand for carboxymethyl cellulose from the food, paint, coating, paper and pulp, construction and textile industries is a factor , driving the growth of the market. A detailed market segmentation is carried out that explores every angle of the carboxymethyl cellulose (CMC) market.
Several factors have contributed to the growth of the global carboxymethyl cellulose market. Increase in the upstream exploration for unconventional sources of energy, growth in end use industries to fuel demand, new product development, economic growth, high industrial growth and merger activities in the petrochemical sector.
Rising adoption of carboxymethyl cellulose in different applications, rising demand for carboxymethyl cellulose in the personal care and food and beverages industry, increasing focus towards reduction in production costs, technologically advanced manufacturing infrastructure.
Global Market for Carboxymethyl Cellulose (CMC): Competitive Landscape
The research report on the carboxymethyl cellulose market includes competition ****ysis. Several aspects such as SWOT ****ysis, product portfolio ****ysis, mergers and acquisitions, growth strategies, key developments, key personnel, company overview, key financials and expansion plans of the top companies are covered in this chapter.
Major companies such as CP Kelco, The Dow Chemical Company, Ashland Global Holding Inc., Anqiu Eagle Cellulose Co., Ltd., Wealthy Chemical Industry (Suzhou) Co., Ltd., Shanghai Shenguang Edible Chemicals Co., Ltd., Akzo Nobel N.V., Nippon Paper Industries Co., Ltd., Lamberti S.p.A, Xuzhou Liyuan cellulose Technology Co. Ltd., Daicel Finechem Ltd., Química Amtex, S.A. de C.V., DKS Co. Ltd., Ugur Seluloz Kimya AS, Mikro Technik GmbH and Patel Industries are featured in this research report.
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A Detailed Market Segmentation
By Application:
Food and Beverage
Detergent
Paper and Pulp
Oil Field Drilling Fluid
Cosmetic and Pharmaceutical
Paint and Coating
Others (Construction, Mining, Textile etc.)
By Grade:
High Purity Grade (99.5% +)
Technical Grade (90%-99.5%)
Industrial Grade (50%-90%)
Global Market for Carboxymethyl Cellulose (CMC): Segmental Snapshot
The global carboxymethyl cellulose market is segmented on the basis of grade type, application and region.
By grade type, high purity segment is estimated to be the largest with a high market share. This is a highly potential segment from both revenue and growth perspectives. It is projected to grow at a CAGR of 5.5% during the forecast period.
By application, food and beverages segment followed by detergent segment are expected to highly contribute to the growth of the global market. The food and beverages segment is projected to grow at the fastest pace in the coming years.
By region, the carboxymethyl cellulose market in Asia Pacific excluding Japan (APEJ) is estimated to grow at a high CAGR to reach a significant valuation during the ****essment period.
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Technical Textiles Market Growth, COVID Impact, Trends Analysis Report Forecast to 2031
As per Future Market Insights (FMI), the global demand of overall technical textiles market grew by 2.50% CAGR in 2016-2020. Overall market valuation is expected to reach US$ 183 Bn with total sales of 37,872.2 KT in 2021. Owing to increasing demand for technical textiles in agriculture and apparel industry, the market is forecast to grow at 4.6% CAGR between 2021 and 2031.
Technical textiles have developed as ideal solutions to soil erosion problems. They are inexpensive and have a lengthy service life. Furthermore, these textiles can be utilized to increase soil stabilization in landfills and harbours, reducing soil erosion.
The increasing incidence of soil erosion in hilly regions will increase demand for technical fabrics. According to European Union estimates, significant soil erosion is anticipated to affect more than 80% of all agricultural lands and natural gr****land in the European Union in 2016.
In European countries, manufacturers are required to follow stringent regulatory policies that specify which type of geotech textiles will be most suitable as per the characteristics of the soil of that specific region. These factors are expected to drive the sales of technical textiles in upcoming years.
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Competitive Landscape
Future Market Insights reports that, Freudenberg & Co. KG, Milliken and Company, Arville, DuPont, and 3M are the leading players operating in technical textiles market and collectively account for more than 20% market share in 2021.
To survive in this highly competitive market, leading market players are focusing on strategic acquisition and collaboration along with expanding their production facilities in developing countries.
For instance, in 2020, Freudenberg & Co. KG acquired 100% shares of Low & Bonar PLC and Filc to extend its technical expertise in technical textiles and enter construction and automotive industries through laminated materials and needle punch nonwoven textiles offered by Filc.
In December 2020, Baltex launched sustainable, washable, and anti-viral face masks made from recycled plastics in an attempt to reduce the plastic pollution in the Ocean.
In March 2020, Milliken & Company announced to boost the manufacturing of its BioSmart fabric which is used in creating lab coats, scrubs and other healthcare products in response to COVID-19 pandemic. This fabric has anti-microbial shielding and made from bleach activated technology that eliminated more than 99.9% of germs.
Key Segments Covered in Technical textiles Market Study:
Application:
Agrotech
Buildtech
Hometech
Indutech
Sportech
Packtech
Mobiltech
Meditech
Clothtech
Geotech
Protech
Oekotech
Process:
Nonwoven
Composites
Others
“Demand for agrotech will grow at a high pace in the forthcoming years due to the rising awareness among farmers regarding usage of technical textiles, rising urgency to reduce pest attacks and increasing demand to boost agriculture productivity. These factors are expected to aid the overall expansion of the market,” says the FMI ****yst.
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Fluoropolymer Films Market Growth, COVID Impact, Trends Analysis Report Forecast to 2032
In 2032, the global fluoropolymer films market is expected to be worth $ 3,120.3 million USD. According to Future Market Insights, demand for fluoropolymer films market is expected to be valued at US$ 1,986.4 Mn in 2022 and to grow at a CAGR of 6.4% from 2022 to 2032.
Industrial & equipment is predicted to stay the important thing end-use segment, accounting for over one-fourth of the complete proportion within the international market at some point of the forecast length. Future Market Insights gives key insights on the worldwide fluoropolymer films market in its modern-day report titled ‘Fluoropolymer films marketplace: worldwide enterprise ****ysis and possibility ****essment, 2032.’
The long-term outlook on the worldwide fluoropolymer films marketplace is predicted to be powerful, with the marketplace price anticipated to increase at a CAGR of 6.4% at some point of the forecast duration (2022–2032).
The APEJ market is expected to preserve its dominance at some point of the forecast duration. On this document, Future Market Insights throws mild on the drivers and restraints likely to effect the marketplace all through the forecast duration.
Fluoropolymer Films Market: Competition Analysis
The report highlights some of the key companies operating in the global fluoropolymer films market, which include The Chemours Company, Arkema Group, Solvay sa., DAIKIN INDUSTRIES Ltd., Asahi Gl**** Co., Ltd., 3M Company, Saint Gobain S.A., Polyflon Technology Ltd., Dongyue Group Ltd, Honeywell International Inc. Key market players are focussing on developing novel products and production technologies and decreasing the overall processing cost.
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Fluoropolymer Films Market: Segmentation
To understand and ****ess opportunities in the global fluoropolymer films market, we have divided the report into three sections:
By Product Type, Market is segmented as:
Polytetrafluoroethylene (PTFE)
Fluorinated Ethylene Propylene (FEP)
Perfluoroalkoxy Alkane (PFA)
Polyvinyl Fluoride (PVF)
Polyvinylidene Fluoride (PVDF)
Ethylene tetrafluoroethylene (ETFE)
Others (ECTFE, PCTFE, etc.)
By End Use, Market is segmented as:
Automotive and Aerospace
Electrical and Electronics
Industrial and Equipment
Packaging
Building and Construction
Others
Fluoropolymer Films Market: Segmentation ****ysis
The fluoropolymer films market has been segmented on the basis of product type and end-use. On the basis of product type, the market can be segmented into PTFE, FEP, PFA, PVF, PVDF, ETFE and others. On the basis of end-use, the fluoropolymer films market has been segmented into automotive & aerospace, building & construction, electrical & electronics, industrial & equipment, packaging, and others.
Among the end use segments, the industrial & equipment segment is anticipated to dominate the market in terms of value throughout the forecast period. The segment is expected to represent a total incremental opportunity of US$ 302.3 Mn between 2016 and 2026
The electrical & electronics end use segment is anticipated to witness significant demand in terms of value over the forecast period. The segment is expected to represent a value of US$ 578.1 Mn by 2026 end
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