COVID-19 Impact on Cellulose Ether and Derivatives Market

  • On January 30, 2020, the International Health Regulations Emergency Committee of the World Health Organization (WHO) declared the Coronavirus disease (COVID-19) outbreak a public health emergency of international concern. Originating in China, the virus has spread to at least 214 countries and territories around the world.
  • Several governments and private sector businesses are operating at a limited capacity or have ceased operations completely due to recent events surrounding the COVID-19 pandemic
  • Manufacture of various consumer goods and other products across the globe came to a halt due to the unavailability of raw materials, shortage of labor, etc. This is expected to hamper the cellulose ether and derivatives market.

Key Drivers and Restraints of Cellulose Ether and Derivatives Market

  • Cellulose ether and derivatives are primarily used in the construction industry. Cellulose ethers are widely used to prevent water loss, delay coagulation, and enhance the strength of structures. They also perform functions such as thickening and binding; and act as a protective colloid in many industries including food & beverages and pharmaceuticals. Increase in demand for cellulose ether and derivatives in the construction industry is expected to fuel the global cellulose ether and derivatives market in the next few years.
  • Rise in demand for cellulose ether and derivatives in the pharmaceuticals industry is expected to create significant opportunities for the cellulose ether and derivatives market in the near future. Cellulose ethers are manufactured using natural cellulose as a base material. Cellulose is the pulp derived from various natural sources such as plants, trees, and fruits. Properties of cellulose ethers, such as rheology, viscosity increment effect, water retention, and solubility, cannot be easily replaced. Wide range of applications of cellulose ether and derivatives in various end-use industries is estimated to boost the demand for cellulose ether and derivatives in the near future.

Cellulose Ether and Derivatives Market: Product Type Segment

  • In terms of product type, the global cellulose ether and derivatives market can be segmented into methyl cellulose & derivatives, carboxymethyl cellulose, hydroxypropyl methyl cellulose, hydroxyethyl cellulose, and others
  • The methyl cellulose & derivatives segment is projected to hold major share of the global cellulose ether and derivatives market during the forecast period. Methyl cellulose & derivative is the most important commercial cellulose ether. It is also the simplest derivative where methoxy groups have replaced hydroxyl groups. Key properties of this nonionic polymer are its water solubility and gelation when exposed to heat. Although soluble in water, films made from methyl cellulose usually retain their strength and do not become tacky when exposed to humidity. Rapid growth in construction, pharmaceutical, food & beverages, and personal care industries, especially in emerging countries, is projected to augment the methyl cellulose & derivatives segment.
  • The carboxymethyl cellulose segment is projected to follow the methyl cellulose & derivatives segment during the forecast period. Carboxymethyl cellulose is an acid ether derivative of cellulose that is used as a thickening, emulsifying, and stabilizing agent and as bulk laxative in medicines. High demand for carboxymethyl cellulose in the pharmaceutical industry is driving the global cellulose ether and derivatives market.

Cellulose Ether and Derivatives: Application Segment

  • Based on application, the global cellulose ether and derivatives market can be segmented into construction, pharmaceutical, personal care, food & beverages, paints & coatings, and others
  • The construction segment is projected to gain higher share of the global market during the forecast period. Cellulose ethers are premium choice of the construction industry due to the increasing consciousness regarding green chemicals. On the other hand, naturally derived cellulose ethers have become the first choice to replace the conventional chemicals in the construction industry with the advancement in standard of living and increase in awareness about the environment, health, and safety. Hence, wide usage of cellulose ether and derivatives in the construction industry is expected to drive the cellulose ether and derivatives market during the forecast period.
  • The pharmaceutical segment is projected to hold key share of the global cellulose ether and derivatives market in the near future. Cellulose ether and derivatives are widely used in pharmaceutical controlled release preparations such as osmotic and enteric coated drug delivery systems. They are often used with cellulose ethers concurrently for the preparation of micro-porous delivery membranes.

Asia Pacific to Hold Leading Share of Cellulose Ether and Derivatives Market

  • In terms of region, the cellulose ether and derivatives market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • Asia Pacific is expected to hold major share of the global cellulose ether and derivatives market, followed by Europe and North America, during the forecast period. This can be ascribed to the rise in investments in prominent applications including construction, personal care, food & beverages, and pharmaceutical industries in developing countries such as China, Japan, South Korea, and India. Advancement of technologies is also estimated to fuel the market in the developing countries of Asia Pacific during the forecast period.
  • Demand for cellulose ether and derivatives is likely to rise significantly in pharmaceutical applications in North America and Europe in the near future

Key Manufacturers Operating in Cellulose Ether and Derivatives Market

The cellulose ether and derivatives market was consolidated in 2020. Major players have prominent presence in developed and developing countries. Key manufacturers operating in the cellulose ether and derivatives market include:

  • The Dow Chemical Company
  • Shin-Etsu Chemical Co., Ltd
  • LOTTE Fine Chemicals
  • Rayonier Advanced Materials Inc.
  • Shandong Head Co., Ltd
  • Nouryon Chemical Holdings B.V
  • Colorcon
  • J.M. Huber Corporation
  • J. RETTENMAIER SOHNE GmbH + Co KG
  • FENCHEM
  • Hebei Jiahua Cellulose Co., Ltd.
  • DKS Co. Ltd
  • Lamberti S.p.A.

Cellulose Ether and Derivatives: Research Scope

Cellulose Ether and Derivatives Market, by Product Type

  • Methyl Cellulose & Derivatives
  • Carboxymethyl Cellulose
  • Hydroxypropyl Methyl Cellulose
  • Hydroxyethyl Cellulose
  • Others

Cellulose Ether and Derivatives Market, by Application

  • Construction
  • Pharmaceutical
  • Personal Care
  • Food & Beverages
  • Paints & Coatings
  • Others

Global Cellulose Ether and Derivatives Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Cellulose Ether and Derivatives: Introduction

  • Cellulose ether and derivatives are high molecular weight compounds produced by replacing hydrogen atoms of hydroxyl groups in the anhydro glucose units of cellulose with alkyl or substituted alkyl groups. Commercially important properties of cellulose ethers are determined by their molecular weights, chemical structure and distribution of the substituent groups, degree of substitution, and molar substitution (where applicable). These properties generally include solubility, viscosity in solution, surface activity, thermoplastic film characteristics, and stability against biodegradation, heat, hydrolysis, and oxidation.
  • Cellulose ether and derivatives perform a variety of functions such as thickening, binding, water retention, and soil ant redisposition. They also act as protective colloid in many industries such as construction, pharmaceutical, personal care, food & beverages, and paints & coatings.

Disclaimer: This ongoing market research study is a meticulously planned activity where a broad array of factors and aspects that shape the marketing environment and industry are taken into account. However, keeping in mind the constantly changing nature of business dynamics and changing strategic intents, we are always actively making iterations and modifications in our approaches. As always, we are ready to tailor our insights and guidance to suit your requirements. Engage with us to know what more is there for your CXOs.

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