Global HPMC Market Growth 2025-2031

The global HPMC market size is predicted to grow from US$ 1212 million in 2025 to US$ 1439 million in 2031; it is expected to grow at a CAGR of 2.9% from 2025 to 2031.

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 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.

LP Information, Inc. (LPI) ' newest research report, the “HPMC Industry Forecast” looks at past sales and reviews total world HPMC sales in 2024, providing a comprehensive analysis by region and market sector of projected HPMC sales for 2025 through 2031. 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.

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.

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 analysing 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 by Type, by Application?

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