Hydroxypropyl methylcellulose (HPMC), with the chemical formula C12H20O10, is a tasteless, odorless, and light-colored powder. It is produced by the treatment of cotton linter or wood pulp with sodium hydroxide solution. HPMC has a low ash content, excellent film-forming ability, salt tolerance, water-retaining property, thickening capacity, and extensive resistance to enzymes. Owing to this, it has wide applications in the construction, pharmaceutical, cosmetics, ceramics, and food industries.
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The thriving construction industry accounts for a high demand for HPMC for manufacturing mortar, coatings, spray paints, cement tiles, and latex putty. Apart from this, in the food industry, it is used for stabilizing, thickening, emulsifying and suspending frozen foods and fruits, sauces, and ketchup. Moreover, there is a rise in the usage of the product for controlled released matrix, tablet binder, rheology control, coating, and direct compression in the pharmaceutical sector. All these factors will continue to drive the growth of the global HPMC market in the upcoming years.
Key Market Segmentation:
Performance of Key Regions
1. China
2. Western Europe
3. Other Asia
4. United States
5. Central/Eastern Europe
6. Middle East
7. South America
8. Others
Market by End Use
1. Construction
2. Pharmaceuticals (Including Cosmetics)
3. Food Industry
4. Others
Key highlights of the report:
Market Performance
Market Outlook
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Competitive Structure
Profiles of Key Players
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