HPMC Market Projected to Discern Stable Expansion on Outlook, Size, Share, Future Growth and Forecast

SDKI Inc. published a new report on the HPMC (Hypromellose Methyl Cellulose) market. This study includes the statistical and analytical approaches needed to grow the HPMC market. The key industry insights provided in the report provide readers with better ideas about market overviews regarding existing market scenarios. In addition, the report contains a detailed discussion of current and future market trends related to market growth.

Report sample URL
https://www.sdki.jp/sample-request-92789

The HPMC market is estimated to reach US $ 8.31 billion by 2031, from a market value of US $ 4.91 billion in 2022, and is expected to grow at a CAGR of 6.8% during the 2022-2031 forecast period.

Hydroxypropylmethylcellulose is a semi-synthetic, inert, viscoelastic polymer. It is used as an excipient and controlled delivery ingredient for oral medications, as well as as an ophthalmic lubricant. The chemical formula for HPMC is C56H108O30, which is manufactured at the industrial level by treating cellulose, propylene and methylene with sodium hydroxide in an alkalizing and etherification process. HPMC has a wide variety of applications across different sectors. It is used in pharmaceuticals, ceramics, adhesives, paints and coatings, buildings and personal care products.

In addition, it is used in construction materials as tile binders, water retention agents and rheology modifiers. It is also physically similar to gelatin, so it can also serve as a substitute for gelatin. It can also be used as a gluten replacement. In the pharmaceutical industry, it is used in supplement capsules, coatings, drug carriers, emulsifiers and tablet binders. It is also used at the industrial level for printing and dyeing inks and textiles, and for papermaking.

High demand from low-fat foods due to its performance, and increased demand from pharmaceutical applications, are key factors driving the growth of the HPMC market during the forecast period. Huge demand from the pharmaceutical industry has also driven the growth of the hydroxypropylmethylcellulose market over the past few years. Hydroxypropylmethylcellulose is used as an excipient in tablet formulations. In addition, HPMC has a major use in ophthalmology and acts as a lubricant. HPMC also reduces eye irritation and provides more lubrication time. These factors are driving the growth of the HPMC market during the forecast period. HPMC is used in a variety of food industry related applications such as bakeries, dairy products, desserts, toppings and sauces. This also contributes to the growth of the HPMC market.

Sample URL of the report
https://www.sdki.jp/sample-request-92789

HPMC Market Segment

The HPMC market is divided by end-use (construction, pharmaceutical (including cosmetics), food industry), and region. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.

Regional overview of the HPMC market

The Asia Pacific region was a major region of the hydroxypropylmethylcellulose market. The Asia Pacific region could become one of the fastest growing regions in the HPMC market due to increased demand from the food and beverage and pharmaceutical industries. China has the highest demand for hydroxypropylmethylcellulose in the Asia Pacific region, and similar trends may continue during the forecast period. Emerging countries such as Japan, India, Indonesia and South Korea are expected to see increased demand for hydroxypropylmethylcellulose over the next few years. Meanwhile, in Europe, the demand for hydroxypropylmethylcellulose is high due to the increasing consumption of HPMC from end-user industries such as personal care, food and beverage, paints and coatings. This is driving the growth of the HPMC market in the region.

These regional segments are North America (US and Canada); Asia Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Singapore, Other Asia Pacific); Latin America (Brazil, Mexico, Argentina, etc.) Latin America); Middle East and Africa (Israel, GCC [Saudi Arabia, Arab Emirates, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, and other Middle East and Africa) and Europe (UK, Germany, France, Italy) , Spain, Hungary, Belgium, Netherlands, Luxemburg, NORDIC, Poland, Turkey, Russia and other Europe) and more.

A major key player in the HPMC market

Key players in the HPMC market include Shin Etsu Tylose, Ashland, Dow Chemicals, Shandong Head Co., Ltd and Samsung Fine Chemical. This survey includes a detailed competitive analysis of these major companies in the HPMC market, corporate profiles, recent developments, and key market strategies.

Details of the survey report
https://www.sdki.jp/press-details/hpmc-hypromellose-methyl-cellulose-market/647

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SDKI Inc.'s goal is market scenarios in various countries such as Japan, China, the United States, Canada, the United Kingdom, and Germany. Is to clarify. We also focus on providing reliable research insights to clients around the world, including growth indicators, challenges, trends and competitive environments, through a diverse network of research analysts and consultants. With SDKI gaining trust and a customer base in more than 30 countries, SDKI is even more focused on expanding its foothold in other pristine economies.

This release was published on openPR.