Complete report is available @ http://www.reportsnreports.com/reports/209581-cellulose-ethers-market-by-derivative-methyl-ethyl-carboxymethyl-cellulose-application-pharmaceuticals-personal-care-construction-food-beverages-surface-coatings-paints-global-trends-forecasts-to-2017.html .
The cellulose ethers market had registered an estimated consumption of around 626 kilotons in 2013. The global market is projected to grow at a CAGR of 5.88% from 2014 to 2019. Asia-Pacific held the highest share in 2013 and is projected to grow with the highest growth rate from 2014 to 2019 with China leading the share. The rapidly developing markets of the Middle East and Africa are expected to show high growth while the highly developed North American and European regions are predicted to show moderate growth. Growth in the North American region will predominantly be from the oil and gas industry.
Ashland Specialty Chemicals (U.S.), The Dow Chemical Company (U.S.), CP Kelco (U.S.), Shin-Etsu Chemical Co., Ltd. (Japan), AkzoNobel Performance Additives (Netherlands), Samsung Fine Chemicals (Korea), and China RuiTai International Holdings Co. Ltd. (China) are the major players in the cellulose ethers market. Different players produce different types of cellulose ethers and also cater to different applications. Besides, there are a large number of Chinese players which sell cellulose ether products at a cheaper price; hence, the overall pricing of cellulose ether is lower in the Asia-Pacific region in comparison to other regions. Many of the major players are focusing on expanding their market in the Asia-Pacific region as it is the highest growing market. Cheap labor and low infrastructure cost are added advantages with it.