According to ChemAnalyst report, “Global Hydroxypropyl Methylcellulose (HPMC) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, 2015-2032”, The Hydroxypropyl Methylcellulose (HPMC) market has grown remarkably in the historic period of 2015-21 and is estimated to further grow at a steady CAGR of 3.53% in the forecast period. The rising consumer demand for HPMC in the Construction, Food industry, Pharmaceutical Industry, and Personal care industries will most likely fuel the demand for Hydroxypropyl Methylcellulose (HPMC) in the forecast period.

Hydroxypropyl Methylcellulose (HPMC) is a semi-synthetic fiber. This polymer is synthesized by the chemical reaction of cellulose, methylene, and propylene, with sodium hydroxide by alkalization and etherification. Based on usage, the hydroxypropyl methylcellulose (HPMC) market is divided into industrial grade HPMC, pharmaceutical grade HPMC, and food grade HPMC. HPMC is used as a binder, film covering agent, and sustained release matrix in solid dosage forms in medicines. HPMC is widely used in the food & beverages sector for making frozen fruits, sauces, condiments, toppings, and various pastry goods, where HPMC serves as a thickening agent, stabilizer, and emulsifier. Due to its capacity to serve as a bio adhesive, intermediate product, and dispersion agent, HPMC is also utilized in the production of a range of cosmetic items, including topical applications, pastes, lotions, and creams. HPMC is a biodegradable polymer, also used to synthesize biocomposites.

Browse the full report: https://www.chemanalyst.com/industry-report/hydroxypropyl-methylcellulose-hpmc-market-754

Hydroxypropyl Methylcellulose (HPMC) market is primarily driven by its application in the construction sector. HPMC is widely utilized in building materials. It is used in cement mortar to improve fluidity, contraction, and water retention, decrease water loss from concrete surfaces, boost durability, and prevent the formation of fractures and the effects of water-soluble salts on weathering.  With an upswing in construction activities and increased spending of governments on infrastructure, the demand for the cement and concrete industry will most likely push the HPMC demand further in the upcoming years. The use of HPMC to lower the fat level of food products has made it popular with people who are concerned about their health. Additionally, it is projected that the rise in demand for low-fat foods due to their benefits would serve as an important factor supporting the growth of the hydroxypropyl methylcellulose (HPMC) market over the forecast period. Moreover, high-viscosity HPMC solutions are frequently utilized in eye drops. They are ideal for usage as a thickening agent in eye drops because of their high compatibility with electrolytes. Thus, the pharmaceutical sector also contributes finely to market growth.

is being employed as a food preservative due to the enormous global demand for packaged foods and beverages. It keeps food products fresh longer and increases their shelf life. The popularity of the Hydroxypropyl Methylcellulose (HPMC) product has increased as a result of growing urbanization and the rise in the number of working-class individuals. Due to longer workdays and a need for nutrient-rich food, consumers are choosing packaged foods over prepared meals, which is anticipated to further expand the Hydroxypropyl Methylcellulose (HPMC) market in the forecast period. In addition, its usage in the plasticizer industry is also a potential growth segment for the forecast period owing to consistent advancements in the global plastic industry.

The Hydroxypropyl Methylcellulose (HPMC) market is segmented based on end-use, sales channel, and region. Based on the end-user industry, the global Hydroxypropyl Methylcellulose (HPMC) market is segmented into Construction, Food industry, Pharmaceutical Industry, Personal care, and Others. Among these, the Construction sector is preceding all other sectors and is anticipated to continue to stay so in the forecast period.

Based on demand, Asia Pacific is dominating the Hydroxypropyl Methylcellulose (HPMC) market among all other regions. In 2022, this region consumed approximately 40% of the global Hydroxypropyl Methylcellulose (HPMC). This is due to the rise in demand and expenditures made in the infrastructure and construction sectors to meet the demands of the enormous population and is anticipated to further rise in response to the rising population. Furthermore, Asia Pacific also leads in terms of producing HPMC with China being the major producer.

Browse the full report: https://www.chemanalyst.com/industry-report/hydroxypropyl-methylcellulose-hpmc-market-754

“Global Hydroxypropyl Methylcellulose (HPMC) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, 2015-2032”, the significant players in the Hydroxypropyl Methylcellulose (HPMC) market are Hebei zhengshuo Technology Co.,ltd, Shandong Yiteng New Material Co.,ltd., JinZhou HPMC cellulose co.,ltd, Hebei Yida Cellulose Co., Ltd., Zhicheng Cellulose Co., Ltd., Yillong Chemical Group, DK Fine Chemical, and Others.

“Owing to the high-water retaining nature of Hydroxypropyl Methylcellulose (HPMC) and ability boost strength in concrete which is further used by the construction sector is anticipated to primarily drive the Hydroxypropyl Methylcellulose (HPMC) market in the forecast period till 2032. Additionally, the surging demand for Hydroxypropyl Methylcellulose (HPMC) as an additive in the food & beverage sector as a thickening and stabilizing agent coupled with growing urbanization and demand for low-fat foods is likely to augment the Hydroxypropyl Methylcellulose (HPMC) market expansion in the forthcoming years. Additionally, the application of HPMC in the pharmaceutical sector also strongly favours market expansion. “Said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.

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