Hydroxypropyl Methylcellulose Market

Hydroxypropyl Methylcellulose Market Size and Forecast
Till 2027
Hydroxypropyl methylcellulose (HPMC) or also called hypromellose is an inert,
semisynthetic, viscoelastic polymer, which is used for eye-drop and controlled
delivery component in oral medications. HPMC is also used as an excipient in
the pharmaceutical industry. HPMC finds major applications in various
industries including paints & coatings, pharmaceutical, building & construction,
adhesives, and personal care. HPMC serves different purposes such as
thickening agent, emulsifier, rheology modifier and controller, and stabilizing
agent. It is known as a substitute for animal gelatin. It also used as a food
additive in the food & beverage industry.
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Market Regional Analysis
Asia Pacific is projected to gain the major market share in global hydroxypropyl
methylcellulose market over the forecast period. This is owing to increasing
demand for food & beverages from emerging economies such as China and
India. Europe is projected to witness significant market growth, owing to a high
growth of various industries such as paints & coatings, food & beverage, and
personal care. Germany, France, Italy, and Spain are expected to lead the market
in the region. South America and Middle East are expected to witness fastest
growth, owing to high demand for HPMC in regions.
Market Players
Key players operating in the global hydroxypropyl methylcellulose market
include Zhejiang Kehong Chemical Co. Ltd, Ashland Inc., The Dow Chemical
Company, and Samsung Fine Chemical Company.
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Hydroxypropyl methylcellulose (HPMC) or also called hypromellose is an inert, semisynthetic, viscoelastic polymer, which is used for eye-drop and controlled delivery component in oral medications.

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