Cellulose Derivative Market Outlook – Numerous Applications in the Pharmaceutical Industry Expected to Fuel Demand
Increasing consumption of cellulose derivatives for manufacture of pharmaceuticals to fulfill demand of advanced drugs such as acyclovir and its growing use in the personal care industry is a major factor fueling growth of cellulose derivative market. Asia Pacific is expected to be the most potential market for the cellulose derivatives manufacturers. This is mainly attributed to robust growth of major end-use industries such as automotive, pharmaceuticals and personal care products industries in the region.
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