The Cellulose Ethers Market is expected to reach $4776 Million by 2023

According to the new market research report by IndustryARC titled “Cellulose Ethers Market: Cellulose Ethers Market: By Type (Carboxymethyl Cellulose, Methyl Cellulose, HEC, HPC, EC); By Form (Powder, granules, others); By Application (Food & Beverage, Personal Care, Construction, Adhesives, others); & By Geography Forecast (2018 2023)”, the market is driven by the growth of end user industries such as construction, ceramic & paints, pharmaceuticals, pulp and paper, etc. 

Asia Pacific has a major share in the Cellulose Ethers Market due to the growing cosmetics industry. Growth in disposable income, product innovation, emerging men’s grooming sector, increasing pollution, etc. drive the cosmetics market. The rising cost of raw materials for manufacturing cellulose ethers has been witnessed in Asia Pacific. The raw materials include cotton linter and wood pulp. Factors such as severe weather, damaged plantation and competition from other industries is driving the cost of the raw materials. In Asia Pacific, China has the largest share in the regional market. This contributed to almost 64% of the total APAC market in 2015. Cellulose Ethers finds its application in the construction industry in countries like Vietnam and Myanmar. 

Cellulose Ethers are used in the construction industry due to the growing consciousness about green chemicals. With the increased living standards in the society and growing awareness of health and safety in the environment, cellulose ether has now become a choice to replace conventional chemicals in the industry. It acts as a thickener, binder, film former, redispersible powder, promotes air entrainment, preservatives, retarder/accelerator, in different applications of the construction industry.  These ethers are used in the construction stage of the building such as cement-based tile adhesives, tile grouts, self-leveling underlayment, mortars for skim coat, cement-based plasters, etc. Methyl Cellulose Ethers are mostly used as raw materials in the construction sector. 

Ashland is the key player in the Cellulose Ethers Market. It has carried out different acquisitions and launched biopolymers products recently, which drives the growth of the economy. The other players include the DoW Chemical Company and Shin-Etsu, AkzoNobel. The DoW Chemical Company manufactures products such as METHOCEL 267, METHOCEL 306, and METHOCEL 327. Shin-Etsu manufactures chemical fertilizers and limestone Nitrogen. AkzoNobel is a Dutch Chemical Company which has structured its activities into three business areas, namely decorative paints, performance coatings and specialty chemicals.