Quick Summary:
In the swiftly evolving realm of chemical production, the Hydroxypropyl Methylcellulose (HPMC) industry manifests a fertile field for strategic investments. Technological enhancements, emerging pharmaceutical needs, and expanding construction applications drive demand in this lucrative market. Our insightful new market research report projects this industry to attain an impressive market volume of US$7 Billion by 2030.
In this comprehensive study, lucrative growth markets such as China, with a predicted compound annual growth rate of 8.9%, are thoroughly dissected, providing a wealth of relevant information for informed decision making. Our report also highlights emerging competitors and analyzes their impact on the HPMC market, as well as uncovering patterns of growth within mature markets such as the U.S., Japan, and Canada. With this research resource, you will be able to confidently navigate and capitalize on the promising landscape of the HPMC market.
Global Hydroxypropyl Methylcellulose (HPMC) Market to Reach $7 Billion by 2030
The global market for Hydroxypropyl Methylcellulose (HPMC) estimated at US$4.5 Billion in the year 2022, is projected to reach a revised size of US$7 Billion by 2030, growing at a CAGR of 5.7% over the analysis period 2022-2030. Pharmaceutical, one of the segments analyzed in the report, is projected to record 6.8% CAGR and reach US$1.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Buildings & Construction segment is readjusted to a revised 5.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 8.9% CAGR
The Hydroxypropyl Methylcellulose (HPMC) market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2030 trailing a CAGR of 8.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.7% and 4.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR.Select Competitors (Total 47 Featured) -
- Ashland
- China RuiTai International Holdings
- Dow Chemical
- Fenchem
- Harke Group
- Hercules Tianpu Chemical
- Kingstone Chemical China
- Lotte Fine Chemicals
- SE Tylose (Shin-Etsu)
- Shandong Head
- Shijiazhuang Shangdun Cellulose
- Zhejiang Kehong Chemical
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Hydroxypropyl Methylcellulose (HPMC)?
What is the growth rate of the Global Market for Hydroxypropyl Methylcellulose (HPMC)?
What is the forecasted size of the Global Market for Hydroxypropyl Methylcellulose (HPMC)?
Who are the key companies in the Global Market for Hydroxypropyl Methylcellulose (HPMC)?
| Report Attribute | Details |
|---|---|
| No. of Pages | 96 |
| Published | October 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 4.5 Billion |
| Forecasted Market Value ( USD | $ 7 Billion |
| Compound Annual Growth Rate | 5.7% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Ashland
- China RuiTai International Holdings
- Dow Chemical
- Fenchem
- Harke Group
- Hercules Tianpu Chemical
- Kingstone Chemical China
- Lotte Fine Chemicals
- SE Tylose (Shin-Etsu)
- Shandong Head
- Shijiazhuang Shangdun Cellulose
- Zhejiang Kehong Chemical
