Methyl Cellulose Market Trends

  • Report ID: 6827
  • Published Date: Dec 24, 2024
  • Report Format: PDF, PPT

Methyl Cellulose Market Trends

Growth Drivers

  • Surging demand in the pharmaceutical industry: A crucial pharmaceutical excipient, methyl cellulose stabilizes medicine formulations by halting the deterioration of active ingredients with moisture, heat, and light. It helps drugs with long-term dosage requirements due to their controlled-release characteristics, which provide steady therapeutic effects. Adjusting to sophisticated formulations improves bioavailability and makes customized drug delivery systems possible.

    Methylcellulose-containing solutions are replaced if the normal production of tears or saliva is disrupted. Additionally, they are used to treat diverticulosis, hemorrhoids, constipation, and irritable bowel syndrome. A recent study by the National Institutes of Health (NIH) reported that hemorrhoids affect 50%-85% of people worldwide. They can impact people of any age and gender.Therefore, the prevalence of bowel disorders has increased the demand for methyl cellulose for treatment.
  • Growing use in the food sector: Cellulose, a key component of plant cell walls, is the source of methyl cellulose, a non-toxic, odorless, and tasteless substance. It is created by processing cellulose with sodium hydroxide and methyl chloride. By changing the structure of cellulose, this chemical process gives methyl cellulose special qualities like increased water solubility and thickening capacity, making it an indispensable ingredient in various food applications. It is widely used as a thickening and stabilizing agent in sauces, dressings, and dairy alternatives.
    Moreover, methyl cellulose is emerging as a savior for those suffering from celiac disease, as it replicates the viscoelastic qualities of gluten by acting as a binder and texturizer in gluten-free baking. It enhances the overall structure of baked products including bread, cakes, and cookies, and the handling of dough and gas retention. As of 2024, Celiac disease is one of the most common lifelong disorders in the world, with a prevalence of 0.7% to 2.9% in the general population and a higher frequency in females and well-defined at-risk groups, such as affected individuals' relatives and patients with autoimmune comorbidities.
  • Growing focus on sustainability: Methyl cellulose is derived from cellulose, a naturally occurring polymer found in plant fibers, making it biodegradable and environmentally friendly. As industries shift away petroleum-based chemicals methyl cellulose offers a sustainable alternative in various applications like construction, food, cosmetics, and pharmaceuticals. Government and international organizations are encouraging the adoption of sustainable materials through regulations and incentives. Methyl cellulose being a low-impact material, benefits from such policies.

Challenges

  • Stringent regulations: The use of methyl cellulose in various industries, particularly food and pharmaceuticals, is strictly regulated to guarantee the quality and safety of the final product. These rules specify the acceptable amounts, purity, and application of additives and are established by regulatory bodies such as the Food and Drug Administration (FDA) and other international organizations. Manufacturers need to manage intricate compliance standards, which may call for changes to labeling, ingredient procurement, and formulation procedures. Compliance with these regulations is essential to protect consumer health and prevent possible legal repercussions. Therefore, meeting stringent laws may hinder the methyl cellulose market from growing.
  • Fluctuating raw materials prices: Cellulose, mostly derived from wood pulp or cotton liners, is converted into methyl cellulose. By increasing the entire cost of manufacturing, changes in the price of these raw materials can affect the market price and profitability of methyl cellulose.

Methyl Cellulose Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

4.7%

Base Year Market Size (2024)

USD 1.9 billion

Forecast Year Market Size (2037)

USD 3.3 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Author Credits:  Rajrani Baghel


  • Report ID: 6827
  • Published Date: Dec 24, 2024
  • Report Format: PDF, PPT

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.
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