Market Overview:
The global hydroxypropyl methyl cellulose (HPMC) 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 HPMC from various end-use industries such as industrial, pharmaceutical, food, and others. In terms of type, the industrial grade segment is projected to lead the global HPMC market during the forecast period. This can be attributed to its growing demand from various end-use industries such as construction and automotive.
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Product Definition:
Hydroxypropyl methyl cellulose (HPMC) is a synthetic polymer derived from cellulose. It is used as a thickener and stabilizer in food, pharmaceuticals, and personal care products.
Industrial Grade HPMC:
Industrial grade HPMC is a form of hydroxypropyl methyl cellulose that has applications in paints, coatings, adhesives & sealants and printing inks. It is manufactured using high purity raw materials such as ethylene glycol and propylene oxide. The growth factor for the global industrial grade HPMC market is expected to be driven by increasing demand from various end-use industries including pharmaceuticals, personal care & cosmetics, food additives among others.
Pharmaceutical Grade HPMC:
Pharmaceutical grade HPMC is a cellulose ether, which is manufactured by the chemical modification of propylene glycol. It has several properties such as high viscosity, thermal stability, and non-toxicity which make it suitable for use in pharmaceutical formulations. The product finds application in ophthalmic solutions (lubricant), skin preparation products (emulsifier), ear wax removal products (dissolving agent) and other topical medicines.
Application Insights:
The global market is segmented by application into industrial, pharmaceutical, food and other applications. The others application segment includes personal care and cosmetics industry. The food grade hydroxypropyl methyl cellulose (HPMC) accounted for the largest share in 2017 owing to its high demand from various industries including dairy, bakery and confectionery among others.
Hydroxypropyl methyl cellulose acts as a gelling agent, viscosity controller and stabilizing agent in several formulations of foods such as jellies, jams & pickles among others. It is used to develop texture that holds shape well without becoming rubbery when exposed to temperatures below 25°C which makes it suitable for use in cold storage products such as ketchup bottles among other containers used at room temperature or above.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region owing to the increasing demand for cellulose from various end-use industries. The presence of a large number of pharmaceutical and food processing industries in this region has led to an increase in HPMC consumption. In addition, growing population and rising consumer disposable income levels are likely to contribute towards industry growth over the forecast period.
The market in Europe was valued at USD X million in 2017 and is anticipated to grow at a significant rate over the forecast period due to rapid industrialization coupled with advancements made by key players across this region as well as others such as China, India, Brazil, Argentina etc.
Growth Factors:
- Increasing demand for HPMC from the pharmaceutical and food industries as a result of its functional properties.
- Rising awareness about the benefits of using HPMC among consumers, which is likely to boost demand in the near future.
- Growing research and development activities for new applications of HPMC across different industries.
- Increasing investments by key players in expanding their production capacities to cater to rising demand globally
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydroxypropyl Methyl Cellulose (HPMC) Market Research Report
By Type
Industrial Grade HPMC, Pharmaceutical Grade HPMC, Food Grade HPMC
By Application
Industrial, Pharmaceutical, Food, Others
By Companies
Dow Chemical, Ashland, SE Tylose (Shin-Etsu), Kingstone Chemical China, Lotte Fine Chemicals, Zhejiang Kehong Chemical, Shijiazhuang Shangdun Cellulose, Hercules Tianpu Chemical, Fenchem, Harke Group, Dow Chemical, Shandong Head
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
212
Number of Tables & Figures
149
Customization Available
Yes, the report can be customized as per your need.
Global Hydroxypropyl Methyl Cellulose (HPMC) Market Report Segments:
The global Hydroxypropyl Methyl Cellulose (HPMC) market is segmented on the basis of:
Types
Industrial Grade HPMC, Pharmaceutical Grade HPMC, Food Grade HPMC
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
Industrial, Pharmaceutical, Food, 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:
- Dow Chemical
- Ashland
- SE Tylose (Shin-Etsu)
- Kingstone Chemical China
- Lotte Fine Chemicals
- Zhejiang Kehong Chemical
- Shijiazhuang Shangdun Cellulose
- Hercules Tianpu Chemical
- Fenchem
- Harke Group
- Dow Chemical
- Shandong Head
 Market Overview.svg)
Highlights of The Hydroxypropyl Methyl Cellulose (HPMC) 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 HPMC
- Pharmaceutical Grade HPMC
- Food Grade HPMC
- By Application:
- Industrial
- Pharmaceutical
- Food
- 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 Methyl Cellulose (HPMC) 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?
HPMC is a type of cellulose that has been hydroxypropylated. This process makes the cellulose more resistant to degradation by bacteria and fungi, which can make it a better choice for some applications.
Some of the major players in the hydroxypropyl methyl cellulose (hpmc) market are Dow Chemical, Ashland, SE Tylose (Shin-Etsu), Kingstone Chemical China, Lotte Fine Chemicals, Zhejiang Kehong Chemical, Shijiazhuang Shangdun Cellulose, Hercules Tianpu Chemical, Fenchem, Harke Group, Dow Chemical, Shandong Head.
The hydroxypropyl methyl cellulose (hpmc) 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 Methyl Cellulose (HPMC) 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 Methyl Cellulose (HPMC) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydroxypropyl Methyl Cellulose (HPMC) 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 Methyl Cellulose (HPMC) 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 Methyl Cellulose (HPMC) Market Size & Forecast, 2018-2028
4.5.1 Hydroxypropyl Methyl Cellulose (HPMC) Market Size and Y-o-Y Growth
4.5.2 Hydroxypropyl Methyl Cellulose (HPMC) Market Absolute $ Opportunity
Chapter 5 Global Hydroxypropyl Methyl Cellulose (HPMC) 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 Methyl Cellulose (HPMC) Market Size Forecast by Type
5.2.1 Industrial Grade HPMC
5.2.2 Pharmaceutical Grade HPMC
5.2.3 Food Grade HPMC
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hydroxypropyl Methyl Cellulose (HPMC) 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 Methyl Cellulose (HPMC) Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Pharmaceutical
6.2.3 Food
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydroxypropyl Methyl Cellulose (HPMC) 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 Methyl Cellulose (HPMC) 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 Methyl Cellulose (HPMC) Analysis and Forecast
9.1 Introduction
9.2 North America Hydroxypropyl Methyl Cellulose (HPMC) 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 Methyl Cellulose (HPMC) Market Size Forecast by Type
9.6.1 Industrial Grade HPMC
9.6.2 Pharmaceutical Grade HPMC
9.6.3 Food Grade HPMC
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 Methyl Cellulose (HPMC) Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Pharmaceutical
9.10.3 Food
9.10.4 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 Methyl Cellulose (HPMC) Analysis and Forecast
10.1 Introduction
10.2 Europe Hydroxypropyl Methyl Cellulose (HPMC) 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 Methyl Cellulose (HPMC) Market Size Forecast by Type
10.6.1 Industrial Grade HPMC
10.6.2 Pharmaceutical Grade HPMC
10.6.3 Food Grade HPMC
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 Methyl Cellulose (HPMC) Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Pharmaceutical
10.10.3 Food
10.10.4 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 Methyl Cellulose (HPMC) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hydroxypropyl Methyl Cellulose (HPMC) 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 Methyl Cellulose (HPMC) Market Size Forecast by Type
11.6.1 Industrial Grade HPMC
11.6.2 Pharmaceutical Grade HPMC
11.6.3 Food Grade HPMC
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 Methyl Cellulose (HPMC) Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Pharmaceutical
11.10.3 Food
11.10.4 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 Methyl Cellulose (HPMC) Analysis and Forecast
12.1 Introduction
12.2 Latin America Hydroxypropyl Methyl Cellulose (HPMC) 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 Methyl Cellulose (HPMC) Market Size Forecast by Type
12.6.1 Industrial Grade HPMC
12.6.2 Pharmaceutical Grade HPMC
12.6.3 Food Grade HPMC
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 Methyl Cellulose (HPMC) Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Pharmaceutical
12.10.3 Food
12.10.4 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 Methyl Cellulose (HPMC) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hydroxypropyl Methyl Cellulose (HPMC) 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 Methyl Cellulose (HPMC) Market Size Forecast by Type
13.6.1 Industrial Grade HPMC
13.6.2 Pharmaceutical Grade HPMC
13.6.3 Food Grade HPMC
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 Methyl Cellulose (HPMC) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Pharmaceutical
13.10.3 Food
13.10.4 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 Methyl Cellulose (HPMC) Market: Competitive Dashboard
14.2 Global Hydroxypropyl Methyl Cellulose (HPMC) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dow Chemical
14.3.2 Ashland
14.3.3 SE Tylose (Shin-Etsu)
14.3.4 Kingstone Chemical China
14.3.5 Lotte Fine Chemicals
14.3.6 Zhejiang Kehong Chemical
14.3.7 Shijiazhuang Shangdun Cellulose
14.3.8 Hercules Tianpu Chemical
14.3.9 Fenchem
14.3.10 Harke Group
14.3.11 Dow Chemical
14.3.12 Shandong Head
