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Hydroxypropyl Methyl Cellulose (HPMC) - Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Hydroxypropyl Methyl Cellulose (HPMC) - Market SizeThe global Hydroxypropyl Methyl Cellulose (HPMC) market size is expected to reach US$ 1492.2 million by 2029, growing at a CAGR of 3.4% from 2023 to 2029.
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Hydroxypropyl Methyl Cellulose (HPMC) - Market
HPMC is short for hydroxypropyl methylcellulose, which is a semisynthetic, inert, viscoelastic polymer used as an ophthalmic lubricant, as well as an excipient and controlled-delivery component in oral medicaments, found in a variety of commercial products.
The market is mainly driven by the significant applications of Hydroxypropyl Methyl Cellulose (HPMC) in various end use industries. The expanding demands from the Industrial, Pharmaceutical, Food and Others, are propelling Hydroxypropyl Methyl Cellulose (HPMC) market. Industrial Grade HPMC, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Pharmaceutical Grade HPMC segment is estimated at % CAGR for the next seven-year period.
The HPMC is mainly used for construction, coatings, personal care and pharmaceutical, etc. And about 60% of the product is consumed in construction industry.
The Ashland Inc., the Dow Chemical and the Shin Etsu Company are the leading manufacturers of HPMC in the world, with about 52% market shares.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Hydroxypropyl Methyl Cellulose (HPMC), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
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Company Profiles:
• Dow Chemical
• Ashland
• SE Tylose (Shin-Etsu)
• Kingstone Chemical China
• Lotte Fine Chemicals
• Zhejiang Kehong Chemical
• Shijiazhuang Shangdun Cellulose
• Hercules Tianpu Chemical
• Fenchem
• Harke Group
• China RuiTai International Holdings
• Shandong Head
by Type:
• Industrial Grade HPMC
• Pharmaceutical Grade HPMC
• Food Grade HPMC
by Application
• Industrial
• Pharmaceutical
• Food
• Others
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