Methyl Cellulose Market - Top Companies and Manufacturers

Companies Dominating the Methyl Cellulose Landscape

The methyl cellulose market is fiercely competitive, with manufacturers dedicating significant efforts to enhancing their products. A wealth of experience and expertise in the sector has enabled these manufacturers to secure substantial market shares. Through various strategic initiatives and key decisions, leading companies have successfully expanded their presence and built a large customer base.

The Dow Chemical Company
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Ashland Inc.
Signa-Aldrich Co., LLC
Zhejiang Kehong Chemical Co., Ltd.
BASF SE
LOTTE Fine Chemical
Reliance Cellulose Products Ltd.
SE-Tylose GmbH & Co.
Hercules Tianpu Chemicals Company Limited
Celotech Chemical Co., Ltd.

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Methyl Cellulose Market Size & Share | Growth Forecasts 2037

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In February 2023, Ashland introduced Benecel MX 100 methylcellulose, a high-volume, large-scale production solution for meat replacement products that enhance the consumer experience. The new solution for the nutrition business expands the company's award-winning Benecel MX portfolio of plant-based protein meal formulations.
In January 2020, Nouryon agreed to acquire J.M. Huber Corporation's carboxymethyl cellulose (CMC) business, accelerating its growth goals. The transaction will significantly expand Nouryon's product portfolio in CMC, a biodegradable, water-soluble polymer used as a thickener, binder, stabilizer, and film forming. The companies have essentially complementary roles in CMC end areas such as home and personal care, mining, food, medicines, and paper and packaging.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of methyl cellulose was over USD 1.9 billion.

The market size for methyl cellulose is projected to cross USD 3.3 billion by the end of 2037 expanding at a CAGR of 4.7% during the forecast period i.e., between 2025-2037.

The major players in the market are The Dow Chemical Company, Ashland Inc., Signa-Aldrich Co., LLC, Zhejiang Kehong Chemical Co., Ltd., BASF SE, LOTTE Fine Chemical, Reliance Cellulose Products Ltd., SE-Tylose GmbH & Co., Hercules Tianpu Chemicals Company Limited, Celotech Chemical Co., Ltd, and others.

The construction material segment is anticipated to garner a share of 36.4% during 2025-2037.

The Asia Pacific methyl cellulose sector is poised to hold a 42.2% share by the end of 2037.

Methyl Cellulose Market - Top Companies and Manufacturers

Companies Dominating the Methyl Cellulose Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How big is the methyl cellulose industry?

What is the outlook for the methyl cellulose market?

Who are the major players dominating the methyl cellulose landscape?

Which segment will capture the significant market share for methyl cellulose by 2037?

Which region will provide more opportunities for the methyl cellulose business in 2037?