Cellulose Derivative Excipient Market

Cellulose Derivative Excipient Market Outlook (2024 to 2034)

Worldwide revenue from the sales of cellulose derivative excipients is expected to reach US$ 341 million in 2024 and thereafter increase at a CAGR of 5.9% to climb to US$ 604.9 million by the end of 2034. Cellulose derivatives are essentially substances derived from cellulose, the main structural component of plant cell walls.

Through chemical processes, these derivatives are modified to give them specific properties, making them useful in a variety of consumer and industrial applications. Some examples of cellulose derivatives include methyl cellulose, cellulose nitrate, cellulose acetate, and carboxymethyl cellulose. Each type serves different purposes across various sectors, contributing to their versatility and wide range of uses.

Excipients derived from cellulose offer various benefits as drug carriers in the pharmaceutical and nutraceutical industries, providing enhanced stability, controlled release, and biocompatibility for various applications. Their versatility and compatibility with active ingredients make them indispensable components of modern formulations in sectors such as personal care and food and beverages, apart from their role in drug production.

Key Market Growth Drivers

• Expansion of the cellulose derivative excipient market size is projected to be driven by the growing demand for cellulose derivatives in many industries, including food, pharmaceuticals, and personal care.
• Product's growing use in the manufacturing of high-value goods such as cellulose acetate films and fibers is also forecasted to support market expansion.
• The market for cellulose derivatives is being driven by consumer demand for biodegradable products because these products are essential raw materials for the creation of eco-friendly food packaging.

Report Attributes	Details
Cellulose Derivative Excipient Market Size (2024E)	US$ 341 Million
Forecasted Market Value (2034F)	US$ 604.9 Million
Global Market Growth Rate (2024 to 2034)	5.9% CAGR
East Asia Market Share (2024E)	36.5%
North America Market Share (2024E)	28.6%
Pharmaceuticals Segment Value (2024E)	US$ 127.2 Million
Key Companies Profiled	Tianjin ILE Pharmaceutical Materials Co., Ltd. Daicel Corporation Ashland Inc. Maple Biotech Pvt. Ltd. Nippon Soda Co., Ltd. Anhui Sunhere Pharmaceutical Excipients Co., Ltd. Shandong Head Co., Ltd. Eastman Chemical Company Dow Colorcon

How is the Pharmaceutical Sector Driving Sales of Cellulose Derivative Excipients?

“Extensive Use of Cellulose Derivative Excipients in Developing Drugs with Enhanced Stability”

Due to the growing aging population and technological advancements, the pharmaceutical and healthcare sectors are exhibiting significant growth. This growth is positively influencing the market for cellulose derivative excipients by driving up the demand for medications and medical treatments. With a rise in oral solid dose form (OSDF) drugs, which require a higher volume of cellulose derivative excipients compared to other dosage forms, the demand for these excipients is rising further. The increasing trend of oral dosage formulation is also significantly influencing market expansion.

Pharmaceutical companies are actively developing effective and patient-friendly drug delivery systems, often utilizing cellulose ethers due to their unique binding properties, controlled release, and enhanced stability. Hydroxypropyl methylcellulose (HPMC), a commonly used cellulose ether, acts as a binder to improve the cohesiveness of tablet ingredients. It ensures tablet integrity and homogeneity, facilitating optimal release and absorption of medication. Recognizing the importance of binders, the pharmaceutical industry acknowledges their role in enhancing the competitive edge and functionality of active pharmaceutical components. This is one of the key cellulose derivative excipient market trends producers are capitalizing on.

What are the Factors Hindering Sales of Cellulose Derivative Excipients?

“Strict Environmental Regulations Governing Chemical Use”

Stringent environmental regulations present challenges for producers of cellulose ether, necessitating strict manufacturing processes, chemical usage, and waste management. Manufacturers must navigate complex regulatory landscapes due to high sustainability priorities set by governments and international organizations. These regulations have significant impacts on production costs and business operations, thereby affecting cellulose derivative excipient market growth. To comply with regulations, manufacturers are investing in greener technology, sourcing sustainable raw materials, and implementing waste reduction strategies.

The cellulose ether business faces impacts from REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals) regulations in the European Union (EU). REACH aims to regulate chemical use while safeguarding the environment and public health. Compliance with REACH for certain compounds used in cellulose ether production entails substantial data submission, risk assessments, and rigorous adherence to specific usage restrictions.

Country-wise Insights

The East Asia market for cellulose derivative excipients is projected to exhibit steady growth through 2034. The United Kingdom, France, and Germany account for the increased demand for these excipients and contribute to the expansion of the European market. The consistent demand from the building industry and the usage of cellulose ethers in medications, personal care products, and food and beverages across Europe are driving the market's growth. The construction sector in Germany is a major consumer of cellulose ethers. These derivatives are frequently used as additives in coatings, adhesives, and cement-based products.

Which Conditions in the United States are Conducive to Market Growth?

“Widespread Use of Cellulose in Pharmaceutical and Nutraceutical Production”

Attribute	United States
Market Value (2024E)	US$ 69.9 Million
Growth Rate (2024 to 2034)	6.3% CAGR
Projected Value (2034F)	US$ 129.4 Million

The market in the United States is witnessing a rise due to the growing pharmaceutical industry in the country. The country holds 71.7% cellulose derivative excipient market share of North America. Developed countries such as the United States have led the way in the growth of the nutraceuticals industry because of the extensive use of cellulose derivative excipients in the manufacturing of dietary supplements. The country has a sizeable market for pharmaceutical coatings, which is fueling the demand for excipients made of cellulose derivatives.

What are the Opportunities for Cellulose Derivative Excipient Manufacturers in China?

“Rising Investments in Healthcare Infrastructure Enhancement”

Attribute	China
Market Value (2024E)	US$ 70.8 Million
Growth Rate (2024 to 2034)	6% CAGR
Projected Value (2034F)	US$ 127.3 Million

China is projected to occupy 56.9% share of the East Asia market due to rising investments in healthcare infrastructure and a developing pharmaceutical sector in the country. Leading companies are bringing innovation and reshaping China's cellulose derivative excipient market. These companies are paving the way for more stable drug formulations and enhanced patient outcomes through strategic partnerships and research initiatives.

Category-wise Insights

The market for cellulose derivative excipients is categorized by excipient type, functionality, and application across different pharmaceutical formulations. This segmentation caters to the varied requirements and preferences in drug development and formulation. The pharmaceutical, food, and cosmetics & personal care industries account for 38.8%, 32.2%, and 31.2% market shares, respectively.

Why are Cellulose Derivative Excipients Extensively Used in Pharmaceutical Manufacturing?

“Cellulose Derivative Excipients Act as Stabilizing Agents in Drug Manufacturing”

Attribute	Pharmaceuticals
Segment Value (2024E)	US$ 127.2 Million
Growth Rate (2024 to 2034)	6.3% CAGR
Projected Value (2034F)	US$ 234.7 Million

Cellulose derivative excipients are used as gelling agents, stabilizing agents, and binders in the pharmaceutical and nutraceutical industries. Excipients derived from cellulose are bioadhesives utilized on the skin and mucous membranes of the gastrointestinal tract, ears, nose, and eyes, among other places. They are also regarded as innovative drug delivery systems.

How is the Food Industry Supporting Market Growth?

“Rising Demand for Functional Food Driving Use of Cellulose Ether for Texture Enhancements”

Food-grade products play multiple roles in the food industry, such as thickening soups, sauces, and dressings to enhance their texture. They also stabilize and emulsify various food items such as spreads, ice cream, yogurt, margarine, and processed meats. These products offer a creamy texture to low-fat and low-calorie food options by replacing fat. Major cellulose derivatives like CMC, HEC, and MCC are widely used in food applications, providing better texture, stability, and viscosity to food products, among other functional benefits.

Competitive Landscape

Key players in the cellulose derivative excipient market are Tianjin ILE Pharmaceutical Materials Co., Ltd., Daicel Corporation, Ashland Inc., Maple Biotech Pvt. Ltd., Nippon Soda Co., Ltd., Anhui Sunhere Pharmaceutical Excipients Co., Ltd., Shandong Head Co., Ltd., Eastman Chemical Company and Dow.

• In January 2024, Dow Inc. obtained International Sustainability and Carbon Certification ("ISCC") PLUS certification for its PO/PG and Polyols manufacturing facility in Freeport, Texas. Dow's use of waste-sourced feedstock to decouple fossil feedstocks has been acknowledged with an ISCC PLUS certification, following a comprehensive independent external audit. The new polyurethane facility, which has received ISCC PLUS certification, will produce goods for the consumer, industrial, food, fragrance, automotive, and construction markets.
• One of the key market players, Nouryon, launched the latest multifunctional innovation, Berol Nexus surfactant, which aims to provide customers with an advantage in household and industrial cleaning applications by improving performance and activity. The product was unveiled at the 2024 American Cleaning Institute Annual Meeting and Industry Convention in Orlando, Florida in January. The provider said that the multifunctional hydrotrope was developed for the North American cleaning market and is designed for low-temperature laundry settings. It is also a 70% concentrated aqueous liquid with a low-color and low-viscosity profile.

Segmentation of Cellulose Derivative Excipient Market Research

• By Type :

  • Cellulose Ether Derivatives
    • Methyl Cellulose
    • Ethyl Cellulose
    • Hydroxyl Ethyl Cellulose
    • Carboxy Methyl Cellulose
    • Hydroxypropyl methyl Cellulose
    • Others
  • Cellulose Ester Derivatives
    • Cellulose Acetate
    • Cellulose Acetate Phthalate
    • Cellulose Acetate Butyrate
    • Cellulose Acetate Propionate
    • Hydroxypropylmethyl Cellulose Phthalate
    • Others

• By Application :

  • Bio-Adhesives
  • Pharmaceutical Coatings
  • Drug Delivery Systems
  • Gelling Agents
  • Stabilizing Agents
  • Binders

• By End Use :

  • Pharmaceuticals
  • Food & Cosmetics
  • Personal Care

• By Region :

  • North America
  • Western Europe
  • Eastern Europe
  • Latin America
  • East Asia
  • South Asia & Oceania
  • Middle East & Africa