Hydroxypropyl methylcellulose, commonly known as HPMC or hypromellose, is a semisynthetic and modified form of cellulose.
Get a Free Sample Report For Market Study – https://www.expertmarketresearch.com/request?type=report&flag=B&id=68
Competitive Landscape & Supplier Analysis:
Shin Etsu Tylose
Ashland Global Holdings Inc. (NYSE: ASH)
E I Du Pont De Nemours And Co Preferred Shares Ser. 4.50 (NYSE: CTA-B)
Shandong Head Co Ltd (SHE: 002810)
Samsung Fine Chemical
HPMC is a non-ionic type of cellulose and is chemically inert. When dissolved in water, it swells, thickens, emulsifies and forms protective colloids. HPMC also has adhesive, gelation, film-formation, water retention and other properties. It has multiple applications in various industries such as construction, cosmetics, medicine, food, textile, dairy products, etc. According to a new report by Expert Market Research, the global HPMC market reached a volume of 606.55 Metric Tons in 2019 and is further expected to reach 89.05 Metric Tons by 2025.
Read full report summary with Table of Content – https://www.expertmarketresearch.com/reports/hpmc-market
The production of HPMC witnessed a significant growth during 2015-2019 in the major producing countries. HPMC is majorly consumed in the construction sector, where it is used in tile adhesives, cement renders, paints and coatings, gypsum products, etc. Owing to its properties like thermal gelation, film-forming, thickening, etc., HPMC also substitutes animal gelatin in the food industry to modify and enhance the taste of food products. In the pharmaceutical industry, it is used as an excipient and controlled-delivery constituent in oral tablets or capsules, and as an ophthalmic lubricant. Rising population, increasing per capita income, changing consumer preferences, growing demand from end-use industries and innovation in various sectors are some of the factors stimulating the market growth.
Key findings from the report:
The major end-uses of HPMC include construction, pharmaceutical (including cosmetics) and food industries. In 2019, construction represented the largest end-use segment with majority of the market share.
Region-wise, China dominated the market with a share of more than a fifth of the total global production in 2019. It was followed by Western Europe, Other Asia, US, Central/Eastern Europe, Middle East and South America.
The global HPMC market is surrounded by a number of players. Some of these players include Shin Etsu Tylose, Ashland, Dow Chemicals, Shandong Head Co. Ltd. and Samsung Fine Chemical.
Expert Market Research has analysed the global HPMC market according to end-use industry, major regions and top players:
Market breakup by End-use Industry:
Construction
Pharmaceutical (including Cosmetics)
Food
Market breakup by Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Related Links:
https://www.expertmarketresearch.com/reports/oleoresin-market
https://www.expertmarketresearch.com/reports/dimethicone-market
https://www.expertmarketresearch.com/reports/silicon-on-insulator-market
https://www.expertmarketresearch.com/reports/sustained-release-coatings-market
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Contact us
Expert Market Research
Twitter: @expertmresearch
Website: www.expertmarketresearch.com
Email: [email protected]
USA/Canada: +1-415-325-5166 | UK: +44-702-402-5790
LinkedIn: https://www.linkedin.com/company/expert-market-research/