HPMC (Hydroxypropyl Methylcellulose) Market to Reach a volume of 186.8 Kilo Tons by 2027 | Industry CAGR of 5.18%
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. HPMC (Hydroxypropyl methylcellulose) refers to derivatives of alkali cellulose obtained by treating wood pulp or cotton liner with caustic soda, propylene oxide, and methyl chloride. They are light-colored, odorless, tasteless, and non-toxic in nature and form a colloid solution if dissolved in cold water. HPMC powders exhibit hydrophilic and reversible gelation properties, have excellent water retention capacity, act as a lubricating agent for ophthalmic procedures, and show immense stability with acids and bases. Consequently, they find extensive application...