In the first and second quarters of 2023, the prices of cellulose ether in Asia, Europe, and North America experienced declines due to various factors. In Asia, increasing inquiries and soaring feedstock prices failed to support the trend amid dipping market activities, and flourishing product supply negatively impacted prices.
In Europe, stockpiling of cellulose ether, subdued demand from construction and cotton sectors, and cost-cutting measures by manufacturers led to a declining trend. North America also faced challenges with poor purchasing potential and a declining construction industry. While the trend stabilized slightly with improved downstream demand and low-priced exports, overall, cellulose ether prices faced a negative trajectory in these regions.
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Definition
Cellulose ether is a group of biodegradable polymers derived from cellulose, a natural plant-based material. It is obtained through chemical modifications of cellulose, resulting in water-soluble properties. Cellulose ether possesses valuable characteristics such as thickening, stabilizing, and film-forming capabilities. It finds widespread use in industries like construction, pharmaceuticals, food, and personal care products. This versatile product serves as a key component in various formulations, providing improved functionalities and enhancing product performance. Its eco-friendly and non-toxic nature makes it an attractive and sustainable choice for a wide range of industrial applications.
Key Details About the Cellulose ether Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Cellulose Ether in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Cellulose Ether Price Trends, including India Cellulose Ether price, USA Cellulose Ether price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Cellulose Ether Price Trend:
Cellulose ether finds extensive industrial applications due to its versatile properties. In construction, it is used as a thickener and water-retention agent in cement-based materials like mortar, grout, and tile adhesives, improving workability and performance. The pharmaceutical industry employs it as a binder, disintegrant, and controlled-release agent in tablets and capsules. In personal care products, cellulose ether acts as a thickener and stabilizer in cosmetics, lotions, and shampoos. It is utilized in the food industry as a stabilizer, thickener, and emulsifier in products like sauces and dressings. Additionally, it has uses in paints, coatings, adhesives, textiles, and paper manufacturing, showcasing its versatility in diverse industrial applications.
Key Players:
- The Dow chemical company
- Shin-Etsu Chemical Co. Ltd
- Ashland Global Holdings, Inc
- LOTTE Fine Chemicals
- Rayonier Advanced Materials Inc
- Shandong Head Co. Ltd
- Zibo Hailan Chemical Co Ltd
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