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 a non-fermentable, semi-synthetic, viscoelastic polymer obtained through the etherification of cellulose, propylene, and methylene with sodium hydroxide. It is elastic, transparent, and exhibits low-moisture content, optimal strength, oxygen barrier ability, and oil and fat resistant properties. Apart from this, HPMC possesses biodegradable and biocompatibility characteristics, due to which it is extensively used in preparing biocomposites.
Request for a PDF sample of this report: https://www.imarcgroup.com/hpmc-technical-material-market-report/requestsample
Global Hydroxypropyl Methylcellulose (HPMC) Market Trends:
With the rapid expansion in the food and beverage (F&B) industry, there has been increasing demand for stabilizers and thickening agents to prepare various toppings, sauces, and confectionery products. This, in turn, is promoting the widespread adoption of HPMC across the sector, thus driving the market growth. Additionally, the rising need for non-toxic and vegetarian capsules have facilitated the deployment of hydroxypropyl methylcellulose in the pharmaceutical industry as an excipient in tablet formulations, which is propelling the market growth. In line with this, HPMC is used as a dispersing agent, binder, and solubility enhancer, due to which it is further utilized for producing various health and personal care products. This, along with continuous research and development (R&D) activities to identify various industrial applications of HPMC, are contributing to the market growth.
Note: 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.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global HPMC (hydroxypropyl methylcellulose) market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on end use.
Competitive Landscape:
- SE Tylose GmbH & Co. KG
- Ashland Global Holdings Inc.
- Dow Chemical Company
- Shandong Head Co., Ltd,
- LOTTE Fine Chemical Co., Ltd.
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
Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
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 – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800 Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800
