03 December 2012 23:25 [Source: ICIS news]
HOUSTON (ICIS)--Natural polymers demand in the US is projected to grow by 6.9%/year to $4.6bn in 2016, a market research study said on Monday.
The trend towards natural ingredients in the food and beverage industries will drive the growth in natural polymers, supporting demand for cellulose ethers and natural gums, according to Cleveland-based industry research firm Freedonia Group.
Guar gums and other natural polymers used as additives in drilling and fracturing fluids will benefit from the favourable outlook for oilfield drilling.
Cellulose ethers account for more than one-third of the market, with methyl cellulose leading the category and significant participation from microcrystalline cellulose (MCC), carboxymethyl cellulose (CMC) and hydroxyethyl cellulose (HEC). The rebound in construction activity will benefit methyl cellulose and HEC, Freedonia said.
The most rapid gains up to 2016 will come from exudate and vegetable gums, with guar gum accounting for most of the growth, the research firm said.
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