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 applications across numerous sectors, such as construction, food and beverage (F&B), pharmaceuticals, cosmetics, etc.

Download a free sample report to get a detailed overview of the report: https://www.imarcgroup.com/hpmc-technical-material-market-report/requestsample

Market Trends:

The growing usage of the product as a stabilizer, thickening agent, and emulsifier in the preparation of toppings, frozen fruits, bakery items, ketchup, etc., is primarily driving the HPMC (Hydroxypropyl methylcellulose) market. In addition to this, the increasing health consciousness among individuals and the elevating demand for low-fat food products are also positively influencing the market growth.

Furthermore, the escalating adoption of Hypromellose as a lubricant, excipient, binder, solubility enhancer, bio adhesive, and dispersing agent in the manufacturing of lotions, ointments, creams, and pastes, on account of their inert, semisynthetic, and viscoelastic properties, is acting as another significant growth-inducing factor. Apart from this, the expanding utilization of the product in manufacturing dyes, coatings, paints, textiles, and oral medications is further stimulating the global market.

Moreover, the shifting preferences toward using the product in preparing bio composites, owing to its excellent biodegradability and biocompatibility, and as a substitute for gelatin in vegan food are expected to bolster the HPMC (Hydroxypropyl methylcellulose) market over the forecasted period.

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:

Based On End Use:

  • Construction 
  • Pharmaceuticals (Including Cosmetics)
  • Food Industry
  • Others

Region:

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

Competitive Landscape:

  • SE Tylose GmbH & Co. KG
  • Ashland Global Holdings Inc.
  • Dow Chemical Company
  • Shandong Head Co., Ltd,
  • LOTTE Fine Chemical Co., Ltd.

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 (2023-2028) 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

Note: 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.

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