Pro AV Market Size, Share, and Industry Analysis, By Type (Products and Services), By Application (Entertainment, Hospitality, Retail, Corporate, Transportation, and Others), and Regional Forecast, 2021-2028-2032

SODIUM CARBOXYMETHYL STARCH MARKET REPORT OVERVIEW

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global sodium carboxymethyl starch market market size was USD 0.09 billion in 2023 and market is projected to touch USD 0.17 billion by 2032 at CAGR 4.9% during the forecast period.

Food, medicine, textiles, and paper are just a few of the industries that frequently use sodium carboxymethyl starch (CMS), a chemically modified starch derivative. Natural starch is the source of it, and starch-rich plants like potatoes, corn, and wheat are usually used to make it. Through the addition of carboxymethyl groups (-CH2-COOH) to the starch molecule, the process of carboxymethylation mechanically modifies starch to improve its stability, thickening, and water solubility. In a variety of industries, including food and medicine, carboxymethyl sodium starch improves product stability and shelf life. Manufacturers as well as customers favour products with extended shelf lives. The ease with which producers may now obtain carboxymethyl sodium starch globally thanks to market globalisation has made it easier for this ingredient to be used across many geographies and sectors.

COVID-19 IMPACT

"The Lockdowns and Restrictions Disrupted the Supply, Demand and Havocked the Market Growth"

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

Supply chains around the world were disrupted by the outbreak. The manufacture and supply of carboxymethyl sodium starch may have been disrupted by travel restrictions and the closing of manufacturing facilities in different nations. The pandemic caused changes in the demand for numerous substances. Certain businesses, such as food and pharmaceuticals, may have experienced a spike in demand for goods containing carboxymethyl sodium starch, particularly if they produced necessities. Conversely, the industries that deal with paper, textiles, and cosmetics may have seen a decline in demand as a result of lower consumer expenditure.

LATEST TRENDS

"Growing Trend Towards Healthy Living to Nurture the Market Growth Potentially"

Foods high in nutrients and low in calories are in high demand, and this is the main factor driving the growth of the "Carboxymethyl Starch Sodium Market". The increase in the market size was ascribed to the worldwide population's growing trend towards healthier living, with consumers changing their diets to incorporate more fruits, vegetables, and sources of protein like nuts and legumes. The government's initiatives on regulation and rising health consciousness are two further elements driving the expansion of this industry.

SODIUM CARBOXYMETHYL STARCH MARKET SEGMENTATION

By Type

Based on type the market is classified as corn starch, potato starch and others.

Corn starch is the leading part of the type segment.

By Application

Based on application the market is classified as food, pharmaceutical, textile and others.

Pharmaceutical is the leading part of the application segment.

DRIVING FACTORS

"Applications in the Food Industry and Growing Awareness to Double the Market Share"

In the food business, carboxymethyl starch sodium, or CMS, is used as a thickening, emulsifying, and gelling agent. It has been discovered to be a useful thickening ingredient for stews, gravies, soups, and sauces. Moreover, it has been applied as a coating or binder to fried dishes, such as french fries, to assist keep the product moist while cooking. Natural and organic items are in demand as customers grow more health-conscious. This tendency is supported by sodium carboxymethyl starch, which comes from natural starch sources. Natural thickeners are desired in the food business. The market is driven by strict laws pertaining to the use of pharmaceutical excipients and food additives, which in turn drives demand for components like sodium carboxymethyl starch that satisfy regulatory requirements and are deemed safe for consumption.

"Applications in Pharmaceutical Industry to Supplement the Market Growth"

Pharmaceutical products such liquids, creams, lotions, and pastes use carboxymethyl starch sodium as a thickening and suspending ingredient. Additionally, it can be utilised to regulate how soon active substances are released from pills, capsules, and medication delivery devices. While carboxymethyl starch sodium slows down an item's release rate without altering its solubility, it has no effect on how quickly an ingredient dissolves in water. Sodium carboxymethyl starch is utilised in tablet formulations in the pharmaceutical business. The need for novel medication delivery methods and the growing pharmaceutical industry drive up demand for carboxymethyl starch sodium.

RESTRAINING FACTORS

"Solubility, Sensitivity and Limited Heat Stability to Restrain the Market Growth"

Although CMS is soluble in water, temperature and pH can have an impact on how soluble it is. Applications needing stability over a broad variety of pH or temperature conditions might not be a good fit for it. CMS solutions have the potential to be shear-sensitive, which means that mechanical forces like mixing or pumping may have an impact on their viscosity. This characteristic must be taken into account in applications where shear stability is essential. CMS may change the finished product's mouthfeel or texture in some food applications. The sensory qualities of food products may change unfavourably as a result of misuse or incorrect formulation. Applications requiring high-temperature processing may not be a good fit for CMS since too much heat can reduce the material's overall efficacy and thickening qualities. These limitations and drawbacks combined have a substantial influence on sodium carboxymethyl starch market growth.

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SODIUM CARBOXYMETHYL STARCH MARKET REGIONAL INSIGHTS

"North American Region to Dominate the Market with Pharmaceutical Food Industry Applications"

In terms of revenue, the North American region dominated, accounting for the major sodium carboxymethyl starch market share. Due to intense competition and cheaper costs for carboxymethyl starch sodium, North America is predicted to have the fastest rate of growth in this market over the course of the projected period. Food and pharmaceutical industries, among others, benefit from the increased stability and shelf life of products made using sodium carboxymethyl starch. Longer shelf lives are favoured by both producers and customers. The demand for sodium carboxymethyl starch may increase as a result of ongoing research and development efforts to find new uses for the substance. Due to market globalisation, manufacturers worldwide now have easier access to sodium carboxymethyl starch, which makes it easier for them to employ in a variety of climates and sectors.

KEY INDUSTRY PLAYERS

"Financial Players to Contribute Towards Expansion of Market"

The industry is tremendously competitive, with numerous global and regional companies. Major players are contemplating numerous plans such as mergers and acquisitions, collaborations, the introduction of new and improved products, and joint ventures.

List of Top Sodium Carboxymethyl Starch Companies

• JRS Pharma (U.S.)
• Roquette (France)
• Allwyn Chem Industries (India)
• Madhu Hydrocolloids (India)
• Patel Industries (India)
• Hunan Sentai Biotechnology (China)
• Xian Shan Yuan Agriculture & Technology (China)
• Adachi Group (India)
• Weifang Lude Chemical (China)
• Zhanwang (China)
• Huawei Cellulose (China)
• Dongda (China).

REPORT COVERAGE

The report includes a SWOT analysis as well as information on potential developments.The examination of a variety of elements that encourage market expansion is included in the research report. This section also includes a wide range of market categories and applications that may have an impact on the market in the future. The details are based on current trends as well as historical turning moments.The current situation of the market's components and prospective growth areas in the coming years.