Global HPMC Market Price Trends, Demand and Business Opportunities 2024

Posted January 24, 2020 by ivosmith98

According to the global HPMC market report by IMARC Group, the market has grown at a CAGR of around 8% during 2011-2018 driven by its strong demand in the construction and pharmaceutical sectors.
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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Last Updated January 24, 2020