Sodium Carboxymethyl Cellulose Market
The market for Sodium Carboxymethyl Cellulose was estimated at $2.4 billion in 2024; it is anticipated to increase to $3.6 billion by 2030, with projections indicating growth to around $5.1 billion by 2035.
Global Sodium Carboxymethyl Cellulose Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Sodium Carboxymethyl Cellulose (CMC) industry revenue is expected to be around $2.6 billion in 2025 and expected to showcase growth with 7.1% CAGR between 2025 and 2034. The strong expansion of the Sodium Carboxymethyl Cellulose market is due to its growing importance in a variety of uses. The main reasons for this growth are its thickening and stabilizing qualities that make it a popular option in sectors like food and beverage production as well as pharmaceutical and cosmetic industries. The continued significance of Sodium Carboxymethyl Cellulose is also supported by its ability to improve the consistency and longevity of consumer goods. This factor continues to drive its popularity, in the market.
Sodium Carboxymethyl Cellulose in form is a valuable derivative of cellulose renowned for its exceptional ability to dissolve in water and form films with high stability against chemicals. It has a range of uses across various industries including papermaking, oil exploration, fabric dye processing and the production of detergents. Recent market trends indicate an increase in the demand for CMC in the manufacturing of foods that are gluten free and low, in fat showcasing its flexibility and ability to meet changing consumer preferences.
Market Key Insights
- The Sodium Carboxymethyl Cellulose market is projected to grow from $2.4 billion in 2024 to $4.8 billion in 2034. This represents a CAGR of 7.1%, reflecting rising demand across Food & Beverage and Pharmaceutical Industry.
- Ashland Global Holdings Inc., CP Kelco U.S. Inc., Akzo Nobel N.V. are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Sodium Carboxymethyl Cellulose market and are expected to observe the growth CAGR of 4.6% to 6.8% between 2024 and 2030.
- Emerging markets including Brazil, Indonesia and South Africa are expected to observe highest growth with CAGR ranging between 8.2% to 9.8%.
- Transition like Expanding Applications in Pharmaceutical Industry has greater influence in U.S. and China market's value chain; and is expected to add $118 million of additional value to Sodium Carboxymethyl Cellulose industry revenue by 2030.
- The Sodium Carboxymethyl Cellulose market is set to add $2.4 billion between 2024 and 2034, with manufacturer targeting Pharmaceuticals & Cosmetics Applications projected to gain a larger market share.
- With
rising demand in pharmaceutical industry, and
increasing use in food & beverage industry, Sodium Carboxymethyl Cellulose market to expand 99% between 2024 and 2034.
Opportunities in the Sodium Carboxymethyl Cellulose
Growth Opportunities in North America and Asia-Pacific
Market Dynamics and Supply Chain
Driver: Rising Demand in Pharmaceutical Industry, and Technological Advancements in Production Techniques
Restraint: Regulatory Challenges
Opportunity: Technological Advancements in Food and Beverage Sector and Untapped Potential in Pharmaceutical Industry
Challenge: High Production Cost
Supply Chain Landscape
Raw Material Suppliers
Manufacturers
Distributors Wholesalers
End Users
Raw Material Suppliers
Manufacturers
Distributors Wholesalers
End Users
Use Cases of Sodium Carboxymethyl Cellulose in Food & Beverage & Pharmaceutical Industry
Recent Developments
In industries like pharmaceutical companies and food and beverage sectors as well as cosmetics industries among others Sodium Carboxymethyl Cellulose is a highly sought after product with its demand on the rise due, to recent market trends showing its wide range of uses.