Market Overview:
The global hydroxy ethyl cellulose (HEC) market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for HEC from various applications such as paints, oilfield, building material, personal care and cosmetic, food, pharmaceuticals and others. In terms of type, the industrial grade segment is expected to hold the largest share of the global HEC market during the forecast period. However, in terms of CAGR, the pharmaceutical grade segment is projected to grow at a higher rate than other segments during 2018-2030.
 Industry Outlook.svg)
Product Definition:
Hydroxyethyl cellulose (HEC) is a water-soluble polymer derived from cellulose. It is used in cosmetics, personal care products, and as a food additive. It is soluble in cold water and slightly soluble in hot water.
Industrial Grade:
Industrial grade is a high purity form of the product, which is used in various applications such as pharmaceuticals and nutraceuticals. It has been widely accepted across the globe owing to its properties such as low viscosity, water solubility, and chemical & heat resistance.
Pharmaceutical Grade:
Pharmaceutical grade is the highest quality available in HEC market. It is also used as a generic term for drugs and pharmaceuticals. The major application of pharmaceutical grade HEC includes producing tablets, capsules, and other oral dosage forms that are consumed by humans or animals.
Application Insights:
The global hydroxyethyl cellulose market is segmented on the basis of application into paints, oilfield, building materials, personal care and cosmetics, food and others. The oilfield application segment led the global market in 2017. This can be attributed to its rising demand from various industries including chemicals and petroleum as a result of its high viscosity property required for drilling muds or slurry fluid applications.
Building material was another major application sector owing to its broad spectrum usage in numerous construction activities such as roofing underlayment foams insulation pipe coverings sealants adhesives among others. It is also used extensively in carpentry where it acts as an excellent adhesive for wood-based panels along with providing resistance against water penetration when properly applied under roofing systems or siding products installed on residential or commercial buildings respectively.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region owing to the presence of a large number of pharmaceutical manufacturers in countries, such as China and India. The increasing demand for drugs due to rising population coupled with growing health issues is anticipated to drive hydroxyethyl cellulose market over the forecast period.
The European Commission has proposed a ban on non-recyclable plastic by 2020, which will increase awareness among consumers about sustainable plastics and encourage industry transformation toward recyclable products. This regulatory move in Europe will boost HEC market growth over the next eight years.
North America accounted for 23% of total revenue share in 2017 on account of high product demand from various end-use industries, including oil & gas, building & construction materials, paints & coatings and pharmaceuticals. The U.S., being one of the major oil producers across this region has huge requirement from various end use industries such as food processing etc.
Growth Factors:
- Increasing demand from the food and beverage industry for thickening and stabilizing agents
- Rising demand for HEC in personal care products, especially cosmetics and oral care products
- Growing use of HEC in pharmaceuticals as a disintegrant and binder
- Increasing application of HEC in paints, coatings, and adhesives industries
- Technological advancements that have led to the development of new grades of HEC with improved properties
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydroxy Ethyl Cellulose (HEC) Market Research Report
By Type
Industrial Grade, Pharmaceutical Grade, Food Grade, Cosmetic Grade
By Application
Paint, Oilfield, Building Material, Personal Care and Cosmetic, Food, Pharmaceuticals, Others
By Companies
Ashland, Shin-Etsu Chemical, Dow Chemical, Luzhou North Chemical, Daicel Corporation, Chemcolloids, Zhejiang Haishen, Ruitai, Jinan Haisente Chemical, Kunshan Qianyideng Biotechnology, Feicheng Yutian Chemicals, Wuhan Xinxinjiali Biotechnology, Celotech, Zouping Fuhai Technology Development
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
167
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Hydroxy Ethyl Cellulose (HEC) Market Report Segments:
The global Hydroxy Ethyl Cellulose (HEC) market is segmented on the basis of:
Types
Industrial Grade, Pharmaceutical Grade, Food Grade, Cosmetic Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Paint, Oilfield, Building Material, Personal Care and Cosmetic, Food, Pharmaceuticals, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ashland
- Shin-Etsu Chemical
- Dow Chemical
- Luzhou North Chemical
- Daicel Corporation
- Chemcolloids
- Zhejiang Haishen
- Ruitai
- Jinan Haisente Chemical
- Kunshan Qianyideng Biotechnology
- Feicheng Yutian Chemicals
- Wuhan Xinxinjiali Biotechnology
- Celotech
- Zouping Fuhai Technology Development
 Market Overview.svg)
Highlights of The Hydroxy Ethyl Cellulose (HEC) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Industrial Grade
- Pharmaceutical Grade
- Food Grade
- Cosmetic Grade
- By Application:
- Paint
- Oilfield
- Building Material
- Personal Care and Cosmetic
- Food
- Pharmaceuticals
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hydroxy Ethyl Cellulose (HEC) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
HEC is a type of cellulose that has been treated with hydroxyethyl methacrylate (HEMA) to create a more stable and elastic material. HEC is often used in the manufacturing of films, fibers, and other products because it has high strength and low density.
Some of the key players operating in the hydroxy ethyl cellulose (hec) market are Ashland, Shin-Etsu Chemical, Dow Chemical, Luzhou North Chemical, Daicel Corporation, Chemcolloids, Zhejiang Haishen, Ruitai, Jinan Haisente Chemical, Kunshan Qianyideng Biotechnology, Feicheng Yutian Chemicals, Wuhan Xinxinjiali Biotechnology, Celotech, Zouping Fuhai Technology Development.
The hydroxy ethyl cellulose (hec) market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hydroxy Ethyl Cellulose (HEC) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hydroxy Ethyl Cellulose (HEC) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydroxy Ethyl Cellulose (HEC) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hydroxy Ethyl Cellulose (HEC) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hydroxy Ethyl Cellulose (HEC) Market Size & Forecast, 2018-2028
4.5.1 Hydroxy Ethyl Cellulose (HEC) Market Size and Y-o-Y Growth
4.5.2 Hydroxy Ethyl Cellulose (HEC) Market Absolute $ Opportunity
Chapter 5 Global Hydroxy Ethyl Cellulose (HEC) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Hydroxy Ethyl Cellulose (HEC) Market Size Forecast by Type
5.2.1 Industrial Grade
5.2.2 Pharmaceutical Grade
5.2.3 Food Grade
5.2.4 Cosmetic Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hydroxy Ethyl Cellulose (HEC) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Hydroxy Ethyl Cellulose (HEC) Market Size Forecast by Applications
6.2.1 Paint
6.2.2 Oilfield
6.2.3 Building Material
6.2.4 Personal Care and Cosmetic
6.2.5 Food
6.2.6 Pharmaceuticals
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydroxy Ethyl Cellulose (HEC) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hydroxy Ethyl Cellulose (HEC) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Hydroxy Ethyl Cellulose (HEC) Analysis and Forecast
9.1 Introduction
9.2 North America Hydroxy Ethyl Cellulose (HEC) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Hydroxy Ethyl Cellulose (HEC) Market Size Forecast by Type
9.6.1 Industrial Grade
9.6.2 Pharmaceutical Grade
9.6.3 Food Grade
9.6.4 Cosmetic Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Hydroxy Ethyl Cellulose (HEC) Market Size Forecast by Applications
9.10.1 Paint
9.10.2 Oilfield
9.10.3 Building Material
9.10.4 Personal Care and Cosmetic
9.10.5 Food
9.10.6 Pharmaceuticals
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Hydroxy Ethyl Cellulose (HEC) Analysis and Forecast
10.1 Introduction
10.2 Europe Hydroxy Ethyl Cellulose (HEC) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Hydroxy Ethyl Cellulose (HEC) Market Size Forecast by Type
10.6.1 Industrial Grade
10.6.2 Pharmaceutical Grade
10.6.3 Food Grade
10.6.4 Cosmetic Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Hydroxy Ethyl Cellulose (HEC) Market Size Forecast by Applications
10.10.1 Paint
10.10.2 Oilfield
10.10.3 Building Material
10.10.4 Personal Care and Cosmetic
10.10.5 Food
10.10.6 Pharmaceuticals
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Hydroxy Ethyl Cellulose (HEC) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hydroxy Ethyl Cellulose (HEC) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Hydroxy Ethyl Cellulose (HEC) Market Size Forecast by Type
11.6.1 Industrial Grade
11.6.2 Pharmaceutical Grade
11.6.3 Food Grade
11.6.4 Cosmetic Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Hydroxy Ethyl Cellulose (HEC) Market Size Forecast by Applications
11.10.1 Paint
11.10.2 Oilfield
11.10.3 Building Material
11.10.4 Personal Care and Cosmetic
11.10.5 Food
11.10.6 Pharmaceuticals
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Hydroxy Ethyl Cellulose (HEC) Analysis and Forecast
12.1 Introduction
12.2 Latin America Hydroxy Ethyl Cellulose (HEC) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Hydroxy Ethyl Cellulose (HEC) Market Size Forecast by Type
12.6.1 Industrial Grade
12.6.2 Pharmaceutical Grade
12.6.3 Food Grade
12.6.4 Cosmetic Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Hydroxy Ethyl Cellulose (HEC) Market Size Forecast by Applications
12.10.1 Paint
12.10.2 Oilfield
12.10.3 Building Material
12.10.4 Personal Care and Cosmetic
12.10.5 Food
12.10.6 Pharmaceuticals
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Hydroxy Ethyl Cellulose (HEC) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hydroxy Ethyl Cellulose (HEC) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Hydroxy Ethyl Cellulose (HEC) Market Size Forecast by Type
13.6.1 Industrial Grade
13.6.2 Pharmaceutical Grade
13.6.3 Food Grade
13.6.4 Cosmetic Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Hydroxy Ethyl Cellulose (HEC) Market Size Forecast by Applications
13.10.1 Paint
13.10.2 Oilfield
13.10.3 Building Material
13.10.4 Personal Care and Cosmetic
13.10.5 Food
13.10.6 Pharmaceuticals
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hydroxy Ethyl Cellulose (HEC) Market: Competitive Dashboard
14.2 Global Hydroxy Ethyl Cellulose (HEC) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ashland
14.3.2 Shin-Etsu Chemical
14.3.3 Dow Chemical
14.3.4 Luzhou North Chemical
14.3.5 Daicel Corporation
14.3.6 Chemcolloids
14.3.7 Zhejiang Haishen
14.3.8 Ruitai
14.3.9 Jinan Haisente Chemical
14.3.10 Kunshan Qianyideng Biotechnology
14.3.11 Feicheng Yutian Chemicals
14.3.12 Wuhan Xinxinjiali Biotechnology
14.3.13 Celotech
14.3.14 Zouping Fuhai Technology Development
