This market report addresses forecast and growth patterns by company, regions and type or application from 2019 to 2023. Besides this, report also consists of development trends, competitive landscape analysis, and development in key regions status.

Synopsis of Methyl Cellulose Market

Methyl Cellulose belongs to a family of hydrocolloids and a hydrophilic chemical compound obtained from cellulose. It possess various characteristics such as zero toxicity, non-allergic, and non-irritating nature. They are long-chain substituted cellulose and are synthetically manufactured by treating & heating cellulose with caustic solution and methyl chloride. They possess unique properties which make them suitable to be used in numerous application such as paints & coatings, pharmaceutical, construction material, cosmetic & personal care, and others. Some of the other application include lubricants, textile agent.

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Key Players

Dow Chemical Company (U.S.)
Ashland (U.S.)
Sigma-Aldrich Co. LLC. (U.S.)
Zhejiang Kehong Chemical Co. Ltd (China)
BASF SE (Germany)
LOTTE Fine Chemical (South Korea)
Shin-Etsu Chemical Co
Reliance Cellulose Products Ltd. (India)
Segmentation
The global methyl cellulose market is segmented on the basis of derivative, application, and region. On the basis of derivative, the market is categorized into hydroxyethyl methyl cellulose, hydroxybutyl methyl cellulose, and hydroxypropyl methyl cellulose. On the basis of application, the market is classified into construction material, cosmetic & personal care, paints & coatings, pharmaceutical, and others. On the basis of region, the market is segmented into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

Regional Analysis

The global methyl cellulose market is segmented into five regions namely– Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. Among these, Asia Pacific is expected to grow at the highest CAGR during the forecast period due to rising demand from end use application such as paints & coatings and construction material among others. The demand for methyl cellulose is estimated to surge in developing countries of Asia Pacific such as India, China, Vietnam, and Bangladesh on account of increasing industrial as well as residential construction sector. Moreover, ease of availability of raw material, growing purchasing power, soberly stringent regulatory framework, inexpensive labor cost, and improving development strategies to fulfil the demand for methyl cellulose in the growing applications are the important factors for the regional market growth

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Intended Audience

Methyl Cellulose manufacturers
Traders and Distributors of methyl cellulose
Production Process Industries
Potential Investors
Raw Material Suppliers
Geographical Analysis

The report covers brief analysis of geographical regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.