India Carboxymethyl Cellulose (CMC) Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)
India Carboxymethyl Cellulose (CMC) Market is Segmented By Application (Food & Beverage, Personal Care, Pharmaceutical, Oil Drilling Fluids, Paper Processing, Paints & Adhesives, Others). The report offers the value (in USD million) for the above-mentioned segments.
India Carboxymethyl Cellulose (CMC) Market Size
Market Size in USD
CAGR6.7%
| Study Period | 2024 - 2031 |
| Base Year of Estimation | 2023 |
| CAGR | 6.7% |
| Market Concentration | High |
| Major Players | Paramount Chemical & Acid Corporation, Nilkanth Organics, Madhu Hydrocolloids Pvt. Ltd., Maruti Chemicals, Bharat Starch |
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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India Carboxymethyl Cellulose (CMC) Market Analysis
The India Carboxymethyl Cellulose Market is estimated to be valued at USD 23.1 Mn in 2024 and is expected to reach USD 33.4 Mn by 2031, growing at a CAGR of 6.7% from 2024 to 2031.
Carboxymethyl cellulose finds wide application in food & beverages, pharmaceuticals and personal care industries in India which is driving the growth of the market.