HPMC (Hydroxypropyl Methylcellulose) Market Size, Share, Demand and Forecast to 2022-2027

According to the latest report by IMARC Group, titled "HPMC (Hydroxypropyl Methylcellulose) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global HPMC (hydroxypropyl methylcellulose) market reached a volume of 139.8 Kilo Tons in 2021. Looking forward, IMARC Group expects the market to reach a volume of 186.8 Kilo Tons by 2027, exhibiting a CAGR of 5.18% during 2022-2027.

Hydroxypropyl methylcellulose (HPMC) is an inert, biodegradable and biocompatible polymer with the chemical formula C56H108O30. Also known as Hypromellose, it is viscoelastic and semisynthetic in nature. It is produced by the synthetic alteration of natural polymer cellulose that involves treating cotton linter or wood pulp in the presence of sodium hydroxide solution. It is available in the form of an off-white powder or granules without any distinct taste or odor. It is hygroscopic in nature and insoluble in hot water. However, HPMC can be easily disintegrated in cold water, further forming a colloidal solution on account of its thermal reversible gelation property. It, therefore, finds widespread applications in the manufacturing of drugs, dyes, paints, cosmetics, adhesives, coatings and textiles.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Download Free Report Sample Brochure: https://www.imarcgroup.com/hpmc-technical-material-market-report/requestsample

HPMC (Hydroxypropyl Methylcellulose) Market Trends:

The global market is primarily driven by the increasing utilization of HPMC in the construction sector. The polymer has high water retention properties due to which it results in extending the working time of mortar while improving its mechanical strength. Apart from this, it finds extensive applications in the food industry for emulsifying, stabilizing, suspending and thickening a variety of food products. It is also used as a preferred vegetarian substitute for gelatin in the preparation of numerous baking and confectionery products. In addition to this, it is used to reduce the fat content of various foods and improve the physical properties of low-fat food products, which has contributed to its widespread popularity among health-conscious consumers. Furthermore, the growing utilization of HPMC in the pharmaceutical industry is acting as another major growth-inducing factor. It is extensively used as an excipient in tablet formulations that are widely replacing hard shell gelatin capsules. Since these tablets are known to offer better performance in terms of dissolution and disintegration with a decreased time of development, they are being preferred by the masses, especially by the vegetarians.

Competitive Landscape With Key Players:

The competitive landscape of the HPMC (hydroxypropyl methylcellulose) market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• SE Tylose GmbH & Co. KG
• Ashland Global Holdings Inc.
• Dow Chemical Company
• Shandong Head Co., Ltd
• LOTTE Fine Chemical Co., Ltd.

Key Market Segmentation:
The report has segmented the HPMC (hydroxypropyl methylcellulose) market on the basis of end-use and region.

Breakup by End Use:
• Construction
• Pharmaceuticals (Including Cosmetics)
• Food Industry
• Others

Breakup by Region:
• China
• Western Europe
• Other Asia
• United States
• Central/Eastern Europe
• Middle East
• South America
• Others

Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=501&flag=C

Key Highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

This release was published on openPR.