HPMC (Hydroxypropyl Methylcellulose) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

HPMC (Hydroxypropyl Methylcellulose) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028


Market Overview:

The global HPMC (hydroxypropyl methylcellulose) market size reached 147.6 Kilo Tons in 2022. Looking forward, IMARC Group expects the market to reach 194.5 Kilo Tons by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028.

Hydroxypropyl methylcellulose (HPMC), also known as hypromellose, is a derivative of alkali cellulose obtained by treating cotton liner or wood pulp with caustic soda, methyl chloride, and propylene oxide. It is an odorless, tasteless, light-colored, and non-toxic powder that forms a colloid solution when dissolved in cold water. As it exhibits hydrophilic and reversible gelation properties, it finds applications in various fields, ranging from construction to ophthalmology. Nowadays, HPMC is increasingly being utilized in preparing biocomposites on account of its excellent biodegradability and biocompatibility.

HPMC (Hydroxypropyl Methylcellulose) Market Trends:
The market growth can be accredited to the increasing use of HPMC in several industry verticals. For instance, it acts as a thickening agent, stabilizer, and emulsifier in the preparation of toppings, sauces, frozen fruits, ketchup, and various bakery items. This, in confluence with the escalating demand for low-fat food products on account of the increasing health consciousness among individuals, represents one of the major factors driving the demand for HPMC in the food and beverage (F&B) industry. Moreover, as it is inert, semisynthetic, and viscoelastic, it is utilized as a lubricant, binder, excipient, bio adhesive, solubility enhancer, and dispersing agent in the production of lotions, ointments, creams, and pastes. In addition to this, the increasing focus on personal health and hygiene is positively influencing the sales of personal care products, which, in turn, is contributing to market growth. Apart from this, the expanding applications of HPMC in manufacturing dyes, paints, coatings, textiles, and oral medications are anticipated to provide lucrative growth opportunities to market players.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global HPMC (hydroxypropyl methylcellulose) market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on end use.

Breakup by End Use:

Construction
Pharmaceuticals (Including Cosmetics)
Food Industry
Others

Presently, the construction industry dominates the market due to the significant increase in the building of contemporary homes and offices.

Breakup by Region:

China
Western Europe
Other Asia
United States
Central/Eastern Europe
Middle East
South America
Others

United States holds the largest market share on account of the revival of the real estate sector in the country.

Competitive Landscape:

The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are SE Tylose GmbH & Co. KG, Ashland Global Holdings Inc., Dow Chemical Company, Shandong Head Co., Ltd, and LOTTE Fine Chemical Co., Ltd.

Key Questions Answered in This Report

1. How big is the global HPMC (Hydroxypropyl Methylcellulose) market?
2. What is the expected growth rate of the global HPMC (Hydroxypropyl Methylcellulose) market during 2023-2028?
3. What are the key factors driving the global HPMC (Hydroxypropyl Methylcellulose) market?
4. What has been the impact of COVID-19 on the global HPMC (Hydroxypropyl Methylcellulose) market?
5. What is the breakup of the global HPMC (Hydroxypropyl Methylcellulose) market based on the end use?
6. What are the key regions in the global HPMC (Hydroxypropyl Methylcellulose) market?
7. Who are the key players/companies in the global HPMC (Hydroxypropyl Methylcellulose) market?


1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1Overview
4.2Properties
4.3Key Industry Trends
5 Global HPMC Industry
5.1Market Overview
5.2Market Performance
5.2.1Volume Trends
5.2.2Value Trends
5.3Impact of COVID-19
5.4Price Analysis
5.4.1Key Price Indicators
5.4.2Price Structure
5.4.3Price Trends
5.5Market Breakup by Region
5.6Market Breakup by End Use
5.7Market Forecast
5.8SWOT Analysis
5.8.1Overview
5.8.2Strengths
5.8.3Weaknesses
5.8.4Opportunities
5.8.5Threats
5.9Value Chain Analysis
5.9.1Overview
5.9.2Research and Development
5.9.3Raw Material Procurement
5.9.4Manufacturing
5.9.5Distribution
5.9.6Exports
5.9.7End Use
5.10Porter’s Five Forces Analysis
5.10.1Overview
5.10.2Bargaining Power of Buyers
5.10.3Bargaining Power of Suppliers
5.10.4Degree of Competition
5.10.5Threat of New Entrants
5.10.6Threat of Substitutes
5.11 Trade Data
5.11.1 Imports
5.11.2 Exports
5.12 Key Market Drivers and Success Factors
6 Performance of Key Regions
6.1China
6.1.1 Market Trends
6.1.2 Market Forecast
6.2Western Europe
6.2.1 Market Trends
6.2.2 Market Forecast
6.3Other Asia
6.3.1 Market Trends
6.3.2 Market Forecast
6.4United States
6.4.1 Market Trends
6.4.2 Market Forecast
6.5Central/Eastern Europe
6.5.1 Market Trends
6.5.2 Market Forecast
6.6Middle East
6.6.1 Market Trends
6.6.2 Market Forecast
6.7South America
6.7.1 Market Trends
6.7.2 Market Forecast
6.8Others
6.8.1 Market Trends
6.8.2 Market Forecast
7 Market by End Use
7.1 Construction
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Pharmaceuticals (Including Cosmetics)
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Food Industry
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Competitive Landscape
8.1Competitive Structure
8.2Key Manufacturers
8.3Profiles of Key Players
8.3.1 Shin Etsu Tylose
8.3.2 Ashland
8.3.3 Dow Chemical
8.3.4 Shandong Head Co., Ltd
8.3.5 Lotte Fine Chemical
9 HPMC Manufacturing Process
9.1Product Overview
9.2Chemical Reactions Involved
9.3Detailed Process Flow
9.4Raw Material Requirements
9.5Mass Balance and Feedstock Conversion Rates
10 HPMC Feedstock Market Analysis
10.1 Cotton
10.1.1Market Performance
10.1.1.1 Volume Trends
10.1.1.2 Value Trends
10.1.2Price Trends
10.1.3Market Breakup by Region
10.1.4Market Breakup by End Use
10.2 Wood Pulp
10.2.1Market Performance
10.2.1.1 Volume Trends
10.2.1.2 Value Trends
10.2.2Price Trends
10.2.3Market Breakup by Region
10.2.4Market Breakup by End Use
10.3 Propylene Oxide
10.3.1 Market Performance
10.3.1.1 Volume Trends
10.3.1.2 Value Trends
10.3.2 Price Trends
10.3.3 Market Breakup by Region
10.3.4 Market Breakup by End Use
10.4 Methyl Chloride
10.4.1 Market Performance
10.4.1.1 Volume Trends
10.4.1.2 Value Trends
10.4.2 Price Trends
10.4.3 Market Breakup by Region
10.4.4 Market Breakup by End Use
10.5 Sodium Hydroxide
10.5.1 Market Performance
10.5.1.1 Volume Trends
10.5.1.2 Value Trends
10.5.2 Price Trends
10.5.3 Market Breakup by Region
10.5.4 Market Breakup by End Use
10.5.5 Key Suppliers

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings