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Methyl Celluloses Market 2018 Global Industry Size, Share, Growth, Trends, 15 Company Profiles and 2023 Future Market Analysis

10-01-2018 11:57 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Methyl Cellulose Market

Methyl Cellulose Market

The Global Methyl Cellulose Market Report 2018 is a professional and in-depth study on the current state of the Methyl Cellulose industry. The report provides a basic overview of the market status and forecast of global and major regions, with introduction of vendors, regions, product types and end industries; The Methyl Cellulose industry analysis is provided for the international markets including product types and end industries in global and major regions.

Synopsis of Methyl Cellulose Market
Methyl Cellulose belongs to a family of hydrocolloids and a hydrophilic chemical compound obtained from cellulose. It possess various characteristics such as zero toxicity, non-allergic, and non-irritating nature. They are long-chain substituted cellulose and are synthetically manufactured by treating & heating cellulose with caustic solution and methyl chloride. They possess unique properties which make them suitable to be used in numerous application such as paints & coatings, pharmaceutical, construction material, cosmetic & personal care, and others. Some of the other application include lubricants, textile agent.

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Key Players
• Dow Chemical Company (U.S.)
• Ashland (U.S.)
• Sigma-Aldrich Co. LLC. (U.S.)
• Zhejiang Kehong Chemical Co. Ltd (China)
• BASF SE (Germany)
• LOTTE Fine Chemical (South Korea)
• Shin-Etsu Chemical Co
• Ltd (Japan),
• Reliance Cellulose Products Ltd. (India)

Segmentation
The global methyl cellulose market is segmented on the basis of derivative, application, and region. On the basis of derivative, the market is categorized into hydroxyethyl methyl cellulose, hydroxybutyl methyl cellulose, and hydroxypropyl methyl cellulose. On the basis of application, the market is classified into construction material, cosmetic & personal care, paints & coatings, pharmaceutical, and others. On the basis of region, the market is segmented into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

Regional Analysis
The global methyl cellulose market is segmented into five regions namely– Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. Among these, Asia Pacific is expected to grow at the highest CAGR during the forecast period due to rising demand from end use application such as paints & coatings and construction material among others.

The demand for methyl cellulose is estimated to surge in developing countries of Asia Pacific such as India, China, Vietnam, and Bangladesh on account of increasing industrial as well as residential construction sector. Moreover, ease of availability of raw material, growing purchasing power, soberly stringent regulatory framework, inexpensive labor cost, and improving development strategies to fulfil the demand for methyl cellulose in the growing applications are the important factors for the regional market growth.

Intended Audience
• Methyl Cellulose manufacturers
• Traders and Distributors of methyl cellulose
• Production Process Industries
• Potential Investors
• Raw Material Suppliers

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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