Global HPMC Market Growth 2023-2029

Global HPMC Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “HPMC Industry Forecast” looks at past sales and reviews total world HPMC sales in 2022, providing a comprehensive analysis by region and market sector of projected HPMC sales for 2023 through 2029. With HPMC sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world HPMC industry.

This Insight Report provides a comprehensive analysis of the global HPMC landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on HPMC portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global HPMC market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for HPMC and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global HPMC.

The global HPMC market size is projected to grow from US$ 1147.1 million in 2022 to US$ 1401.7 million in 2029; it is expected to grow at a CAGR of 1401.7 from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of HPMC market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Industrial Grade

Food Grade

Pharmaceutical Grade

Segmentation by application

Construction

Coatings

Personal Care

Pharmaceutical

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Ashland

DuPont

Shin-Etsu

LOTTE Fine Chemical

Hercules-Tianpu

Shandong Guangda Technology

Shandong Yiteng New Material

Celotech

Gemez Chemical

Tai'an Ruitai

Xinjiang Su nok cotton Industry

Shandong Head

Zouping Fuhai Technology Development

Henan Tiansheng Chemical Industry

Shandong Tines Cellulose

Zhejiang Kehong Chemical

Hopetop Pharmaceutical

Shijiazhuang Ruixin

Shandong Ningjin Dexin

Key Questions Addressed in this Report

What is the 10-year outlook for the global HPMC market?

What factors are driving HPMC market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do HPMC market opportunities vary by end market size?

How does HPMC break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.