Login

Your Position: Home > Admixture&Additives > What is the prospect of HPMC industrial grade market?

What is the prospect of HPMC industrial grade market?

Author: Geoff

Jul. 15, 2024

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.

Click here to get more.

HPMC has hydrophilic and reversible gelation properties, and thus has applications in various fields from construction to chemistry. The global HPMC market is projected to grow significantly. Recent reports suggest that the market will reach 139.8 kilotons in 2023. In the next few years, it is expected to reach 186.8 kilotons by 2028, with a CAGR of 5.1% projected from 2023 to 2028, indicating robust growth.

This article provides historical market trends of the global HPMC market and offers forecasts based on recent indexing data from Google. It covers HPMC's value chain analysis encompassing all activities in purchasing, manufacturing, sales, and distribution. In addition, the model assesses the competition level in the industry by examining factors such as the bargaining power of buyers and suppliers, the threat of substitutes, and new entrants. A comprehensive assessment of the competitive landscape within the HPMC industry 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, acquisitions, and factory expansions:

  • ShinEtsu (SE Tylose GmbH & Co. KG)
  • Ashland
  • Dow
  • LOTTE Fine Chemical
  • Others

Expert Market Research uses extensive macroeconomic and industry-specific databases for market forecasts. The initial baseline forecast was generated based on the latest market data. Following this, all future macroeconomic and industry-specific developments will be considered to create the final forecast.

The continued growth of the market can be attributed to the increasing usage of HPMC across various verticals. For instance, it is often used as a thickener, stabilizer, and emulsifier in home care products. Growing awareness of personal hygiene and an uptick in demand for HPMC in detergents and cleaners contribute to this trend. Additionally, the expanding application of HPMC in construction materials like concrete, paint, and mortar is anticipated to provide further growth opportunities, ensuring a positive overall market outlook.

To explore more on the potential and products, you can visit Hydroxyethyl Methyl Cellulose For Sale.

54 0

Comments

Next: None

Join Us