Hydroxypropyl Analysis, Methylcellulose Market Growth & Trends
Size, Growth, Share, Trend, Outlook & Forecast 2022 - 2030 Hydroxypropyl
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The global hydroxypropyl methylcellulose market size is expected to reach USD 2.85 billion by 2030, as per the new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.8% from 2022 to 2030. The market growth is majorly attributed to the rising demand for low fat food among the young population and product penetration in food and cosmetics
Hydroxypropylapplications.methylcellulose (HPMC) is a tasteless, odorless, non toxic, and light colored powder, which forms a colloid solution as dissolved in cold water. It finds applications in various fields, ranging from construction to ophthalmology. It is being increasingly utilized in preparing biocomposites on account of its excellent biodegradability and biocompatibility. The pharmaceuticals application segment held a considerable revenue share in 2021. The number of obese people worldwide is growing significantly due to the rising consumption of junk and ready to eat items. HPMC helps in reducing the appetite of obese individuals who are trying to lose weight. It is available in tablets and gives a feeling of fullness that helps reduce food intake.
Methylcellulose Market
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Hydroxypropyl Methylcellulose Market Segmentation
Hydroxypropyl Market Report Highlights
Methylcellulose
The pharmaceuticals application segment is expected to register the fastest revenue based CAGR of 5.3% over the forecast period owing to the rising product demand because of its non toxic and safe medicinal properties. HPMC is also utilized as a coating agent and compression aid for tablets and as an alternative for animal derived gelatin in formulating capsules HPMC can be used in the production of various fillings, foams, and coatings products. It is widely used as an alternative for gluten substitution in gluten free baking. It can also be applied to sweets and cakes in order to prevent grease from penetrating and retaining moisture Asia Pacific is expected to register the fastest revenue based CAGR over the forecast period because of the rising use of the product in construction and infrastructure projects. China and India accounted for a major share in the global construction industry Europe held the second largest revenue share in 2021 on account of the significant growth in the personal care industry, particularly customized hair care formulations, skincare creams, lotions, and makeup products The key players of the industry focus on offering high quality products to cater to the specific requirements of the end use industries. Raw materials such as caustic soda, propylene oxide, and cotton are produced in bulk in order to avoid extra supply costs and maintain a strong supply network
Grand View Research has segmented the global hydroxypropyl methylcellulose market on the basis of application and region: Hydroxypropyl Methylcellulose Application Outlook Tons; Revenue, USD Million, 2018 - 2030)
(Volume,
Construction o Cement Mortar o Plasters o Refractory Materials o Paints o Gypsum Concrete Slurry o Fiber Wall o Others
Pharmaceuticals Food Cosmetics & Personal Care Others For Requesting a Sample Copy of This Report, Please Visit @ markethttps://www.grandviewresearch.com/industry-analysis/hydroxypropyl-methylcellulose-report/request/rs1 Hydroxypropyl Methylcellulose Regional Outlook (Volume, Tons; Revenue, USD Million, 2018 2030) North America o U.S. o Canada o Mexico Europe o Germany o U.K. o France o Italy o Spain Asia Pacific o China o India o Japan o South Korea Central & South America o Brazil o Argentina Middle East & Africa o Saudi Arabia o South Africa
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Highlights Points of the Market:
The data analysis in the report will help you understand the Hydroxypropyl Methylcellulose Market dynamics projected from 2022 2030.
List of Key Players of Hydroxypropyl Methylcellulose Market Ashland Shin Etsu Chemical Co., Ltd. Chemcolloid Limited Zhejiang Haishen New Materials Limited DuPont de Nemours, Inc. CP Kelco U.S., Inc. Celotech Chemicals Co., Ltd. Hebei Yibang Building Materials Co., Ltd. Changzhou Guoyu Environmental S&T Co., Ltd. Why Purchase this Report?
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