What is the prospect of HPMC industrial grade market?

Hydroxypropyl methyl cellulose (HPMC) is a colloidal solution that forms when dissolved in water. It's made from cellulose, natural polymers, and fibers. Matecel HPMC is a water-soluble nonionic cellulose polymer substituted with methoxy and hydroxypropyl groups and is a polymeric binder for wet granulation. Matecel HPMC is usually used in the manufacture of solid dosage forms. It is a non-ionic cellulose ether made from natural macromolecular cellulose through a series of chemical processing. It is a colorless, odorless, non-toxic white powder, soluble in cold water. A clear viscous solution formed. Processing thickening, binding, dispersing, emulsifying, filming, suspending, absorbing, gelling, surface active, water retention, and protective colloid properties.

HPMC has hydrophilic and reversible gelation properties, and thus has applications in various fields from construction to chemistry. The global HPMC market will reach 139.8 kilotons in 2021. In the future, the market capacity is expected to reach 186.8 kilotons by 2027, with a CAGR of 5.1% from 2022 to 2027. This article provides historical market trends of the global HPMC market from 2017-2021 and provides forecasts for 2027. And it covers HPMC's value chain analysis covering all activities in the value chain such as purchasing, manufacturing, sales, and distribution. In addition, the model assesses the level of competition in the industry by analyzing factors such as the bargaining power of buyers and suppliers, the threat of substitutes, and new entrants. A comprehensive assessment of the HPMC industry competitive landscape is also provided.

This article analyzes the following key players in the global HPMC market, studying their capacity, competitive landscape, and recent developments such as mergers and acquisitions, capacity expansion, and factory turnaround:

ShinEtsu (SE Tylose GmbH & Co. KG)

Ashland

Dow

LOTTE Fine Chemical

Others

Expert Market Research uses its comprehensive macroeconomic and industry-specific databases for market forecasts. The initial baseline forecast was generated based on the latest market data. Following the initial baseline forecast, all future macroeconomic and industry-specific events and assumptions will be considered to generate the final forecast.

The continued growth of the market can be attributed to the increasing usage of HPMC in several vertical industries. For example, it can be used as a thickener, stabilizer, and emulsifier in home care formulations. This is due to rising awareness of personal hygiene and demand for HPMC in detergents and cleaners. Apart from this, the expanding application of HPMC in concrete, paint, and mortar manufacturing is expected to provide more growth opportunities for market players with a positive overall outlook.

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