Market Overview:
The global hydroxypropyl cellulose (HPC) for pharmaceutical market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for HPC from the tablet, pellet, and liquid applications segments. Additionally, rising awareness about the benefits of using HPC is also contributing to the growth of this market. Based on type, L-HPC and H-HPC are two major types of hydroxypropyl cellulose present in the pharmaceutical market. L-HPC is expected to account for a larger share than H-HPC during the forecast period owing to its superior properties such as high purity and low viscosity. By application, tablet segment accounts for a larger share than other segments due its growing demand from various end users including hospitals and clinics across different regions worldwide.
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Product Definition:
Hydroxypropyl cellulose (HPC) is a derivative of cellulose, the main component of plant cell walls. It is used as a thickener and stabilizer in many pharmaceutical products, including eye drops and nasal sprays.
L-HPC:
L-HPC, also known as Cellulose ether, is a type of cellulose that is obtained from the hydrolysis of vegetable gums. It has high viscosity and molecular weight which makes it an ideal compound for pharmaceutical application. L-HPC can be used in various applications such as drug delivery systems, wound dressing materials and medical & surgical dressings among others.
H-HPC:
H-HPC is a high purity cellulose product, which has been developed by modifying the chemical and physical properties of regular cellulose. H-HPC is used as an excipient in pharmaceuticals to help deliver active ingredients to target tissues or organs. It helps in increasing bioavailability and absorption rate of other ingredients present in the formulation.
The global market for hydroxypropyl cellulose (HPC) was valued at USD 536 million in 2016.
Application Insights:
Liquid formulations held the largest share of more than 40.0% in 2017. The segment is projected to witness significant growth over the forecast period owing to its wide application scope, including as an emulsifier, wetting agent, dispersant and carrier for drug delivery systems. It also finds applications as a viscosity adjuster in ophthalmic solutions and is used as a stabilizing agent for tablets made from hydrophobic materials such as titanium dioxide or zirconium silicate. Hydroxypropyl cellulose plays an important role in ophthalmic solutions by providing visco-elastic properties to these drugs so that they can be easily dissolved in the eyes without causing any irritation or discomfort.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region owing to the presence of a large number of manufacturers in countries, such as China and India. The increasing demand for cellulose in pharmaceutical applications can be attributed to its growing use as an excipient agent in tablets and capsules. In addition, rising healthcare expenditure coupled with improving healthcare infrastructure is likely to drive industry growth over the forecast period.
The Asia Pacific was followed by Europe that accounted for 31% share of total revenue in 2017 owing to high product consumption mainly due to its properties including water-solubility and emulsification ability which are major driving factors across this region. Moreover, technological advancements relatedto capsule manufacturing using HPC along with other additives have led tablet manufacturers across Europe adopt HPC as a filler material thereby boosting market growth over the forecast period.
Growth Factors:
- Increasing demand for Hydroxypropyl Cellulose (HPC) from the Pharmaceutical industry as a result of its properties such as high purity, solubility, and viscosity.
- Growing research and development activities for new applications of Hydroxypropyl Cellulose (HPC) in the Pharmaceutical sector.
- Rising demand for Hydroxypropyl Cellulose (HPC) from emerging markets due to increasing population and rising income levels.
- Technological advancements that have led to the development of new products with better performance characteristics than those currently available in the market place driving increased adoption of Hydroxypropyl Cellulose (HPC). 5 Increased focus on hydroxy propyl cellulose by key players in pharmaceuticals owing to benefits offered which is likely to propel growth over forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydroxypropyl Cellulose (HPC) for Pharmaceutical Market Research Report
By Type
L-HPC, H-HPC
By Application
Tablet, Pellet, Liquid and Others
By Companies
Ashland, Nippon Soda, Shin-Etsu, Huzhou Zhanwang, Anhui Shanhe, Shandong Ehua, Tai'an Ruitai, Shandong Head, Ashland
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
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Hydroxypropyl Cellulose (HPC) for Pharmaceutical Market Report Segments:
The global Hydroxypropyl Cellulose (HPC) for Pharmaceutical market is segmented on the basis of:
Types
L-HPC, H-HPC
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
Tablet, Pellet, Liquid and 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
- Nippon Soda
- Shin-Etsu
- Huzhou Zhanwang
- Anhui Shanhe
- Shandong Ehua
- Tai'an Ruitai
- Shandong Head
- Ashland
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Highlights of The Hydroxypropyl Cellulose (HPC) for Pharmaceutical 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:
- L-HPC
- H-HPC
- By Application:
- Tablet
- Pellet
- Liquid and 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 Hydroxypropyl Cellulose (HPC) for Pharmaceutical 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
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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?
HPC is a type of cellulose that is used as a filler in pharmaceuticals. It helps to improve the consistency and stability of the drug product, which can lead to improved patient compliance.
Some of the major companies in the hydroxypropyl cellulose (hpc) for pharmaceutical market are Ashland, Nippon Soda, Shin-Etsu, Huzhou Zhanwang, Anhui Shanhe, Shandong Ehua, Tai'an Ruitai, Shandong Head, Ashland.
The hydroxypropyl cellulose (hpc) for pharmaceutical market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hydroxypropyl Cellulose (HPC) for Pharmaceutical 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 Hydroxypropyl Cellulose (HPC) for Pharmaceutical Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydroxypropyl Cellulose (HPC) for Pharmaceutical 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 Hydroxypropyl Cellulose (HPC) for Pharmaceutical 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 Hydroxypropyl Cellulose (HPC) for Pharmaceutical Market Size & Forecast, 2018-2028
4.5.1 Hydroxypropyl Cellulose (HPC) for Pharmaceutical Market Size and Y-o-Y Growth
4.5.2 Hydroxypropyl Cellulose (HPC) for Pharmaceutical Market Absolute $ Opportunity
Chapter 5 Global Hydroxypropyl Cellulose (HPC) for Pharmaceutical 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 Hydroxypropyl Cellulose (HPC) for Pharmaceutical Market Size Forecast by Type
5.2.1 L-HPC
5.2.2 H-HPC
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hydroxypropyl Cellulose (HPC) for Pharmaceutical 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 Hydroxypropyl Cellulose (HPC) for Pharmaceutical Market Size Forecast by Applications
6.2.1 Tablet
6.2.2 Pellet
6.2.3 Liquid and Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydroxypropyl Cellulose (HPC) for Pharmaceutical 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 Hydroxypropyl Cellulose (HPC) for Pharmaceutical 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 Hydroxypropyl Cellulose (HPC) for Pharmaceutical Analysis and Forecast
9.1 Introduction
9.2 North America Hydroxypropyl Cellulose (HPC) for Pharmaceutical 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 Hydroxypropyl Cellulose (HPC) for Pharmaceutical Market Size Forecast by Type
9.6.1 L-HPC
9.6.2 H-HPC
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 Hydroxypropyl Cellulose (HPC) for Pharmaceutical Market Size Forecast by Applications
9.10.1 Tablet
9.10.2 Pellet
9.10.3 Liquid and 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 Hydroxypropyl Cellulose (HPC) for Pharmaceutical Analysis and Forecast
10.1 Introduction
10.2 Europe Hydroxypropyl Cellulose (HPC) for Pharmaceutical 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 Hydroxypropyl Cellulose (HPC) for Pharmaceutical Market Size Forecast by Type
10.6.1 L-HPC
10.6.2 H-HPC
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 Hydroxypropyl Cellulose (HPC) for Pharmaceutical Market Size Forecast by Applications
10.10.1 Tablet
10.10.2 Pellet
10.10.3 Liquid and 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 Hydroxypropyl Cellulose (HPC) for Pharmaceutical Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hydroxypropyl Cellulose (HPC) for Pharmaceutical 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 Hydroxypropyl Cellulose (HPC) for Pharmaceutical Market Size Forecast by Type
11.6.1 L-HPC
11.6.2 H-HPC
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 Hydroxypropyl Cellulose (HPC) for Pharmaceutical Market Size Forecast by Applications
11.10.1 Tablet
11.10.2 Pellet
11.10.3 Liquid and 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 Hydroxypropyl Cellulose (HPC) for Pharmaceutical Analysis and Forecast
12.1 Introduction
12.2 Latin America Hydroxypropyl Cellulose (HPC) for Pharmaceutical 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 Hydroxypropyl Cellulose (HPC) for Pharmaceutical Market Size Forecast by Type
12.6.1 L-HPC
12.6.2 H-HPC
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 Hydroxypropyl Cellulose (HPC) for Pharmaceutical Market Size Forecast by Applications
12.10.1 Tablet
12.10.2 Pellet
12.10.3 Liquid and 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) Hydroxypropyl Cellulose (HPC) for Pharmaceutical Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hydroxypropyl Cellulose (HPC) for Pharmaceutical 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) Hydroxypropyl Cellulose (HPC) for Pharmaceutical Market Size Forecast by Type
13.6.1 L-HPC
13.6.2 H-HPC
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) Hydroxypropyl Cellulose (HPC) for Pharmaceutical Market Size Forecast by Applications
13.10.1 Tablet
13.10.2 Pellet
13.10.3 Liquid and 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 Hydroxypropyl Cellulose (HPC) for Pharmaceutical Market: Competitive Dashboard
14.2 Global Hydroxypropyl Cellulose (HPC) for Pharmaceutical Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ashland
14.3.2 Nippon Soda
14.3.3 Shin-Etsu
14.3.4 Huzhou Zhanwang
14.3.5 Anhui Shanhe
14.3.6 Shandong Ehua
14.3.7 Tai'an Ruitai
14.3.8 Shandong Head
14.3.9 Ashland
