HPMC Market

Hydroxypropyl methylcellulose (HPMC) is a white or slightly off-white powder without any distinct odour or taste. Also known as hypromellose, it is a synthetic modification of alkali cellulose produced by treating cotton linter or wood pulp with sodium hydroxide solution. As it is soluble in cold water as well as exhibits reversible gelation, HPMC finds numerous and versatile applications in fields ranging from construction to ophthalmology. According to IMARC Group’s latest report “HPMC (Hydroxypropyl Methylcellulose) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the value of the global HPMC market has grown at a CAGR of 7.8% during 2014-2019 driven by its strong demand in the construction and pharmaceutical sectors. The report provides a comprehensive insight into the industry including its market breakup by region, market breakup by end-uses, value chain analysis, import and export trends, key players and market outlook. The report also gives an in-sight into the manufacturing process of HPMC, covering key success and risk factors for manufacturers, manufacturing process flow, the reactions involved, raw materials and their requirements, etc.

The report has analysed the global HPMC market on the basis of major end-use industries. The construction industry currently represents the biggest end-user of HPMC accounting for the majority of its total global consumption. It is used in the construction industry as a result of its high water retention which aids in extending the working time of mortar and helps in increasing the mechanical strength of mortar while solidification. In the pharmaceuticals and cosmetics industry, it is used as an emulsifying, dispersing and thickening agent for lotions, ointments, creams and pastes. HPMC also acts as a compression aid and coating agent for tablets and as a substitute for animal derived gelatine in making capsules. In the food industry, it is used for emulsifying, stabilising, suspending and thickening various food products such as frozen foods, frozen fruits, sauces and ketchups.

The report has analysed the global HPMC market on the basis of key regions. According to the report, China represents the largest consumer of HPMC accounting for nearly a fourth of its total global consumption. China was followed by Western Europe, Asia (excluding China), United States, Central/Eastern Europe, Middle East and South America. On the basis of imports and exports the report finds that Belgium is the largest global importer of HPMC followed by the United States, India, Turkey and the Russian Federation. Germany, on the other hand, represents its largest global exporter. The report has also analysed the key players of the global HPMC market. Some of the major players include - Shin Etsu Tylose, Ashland, Dow Chemicals, Shandong Head Co., Ltd and Samsung Fine Chemical.

The essential aspects of the global HPMC market evaluated in the report include:

• Market trends
• Major regions
• Key application areas
• Key manufacturers
• Price trends
• Raw material requirements
• Chemical reactions involved in the manufacturing process
• Major importers and exporters
• Value chain analysis
• Market trends for major feedstocks
• Price trends for major feedstocks
• Key regions for major feedstocks
• Key application areas for major feedstocks
• Key players for major feedstocks 

1   Preface
2   Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Properties
    4.3 Key Industry Trends
5   Global HPMC Industry
    5.1    Market Overview
    5.2    Market Performance
        5.2.1    Volume Trends
        5.2.2    Value Trends
    5.3    Impact of COVID-19
    5.4    Price Analysis
        5.4.1    Key Price Indicators
        5.4.2    Price Structure
        5.4.3    Price Trends
    5.5    Market Breakup by Region
    5.6    Market Breakup by End Use
    5.7    Market Forecast
    5.8    SWOT Analysis
        5.8.1    Overview
        5.8.2    Strengths
        5.8.3    Weaknesses
        5.8.4    Opportunities
        5.8.5    Threats
    5.9    Value Chain Analysis
        5.9.1    Overview
        5.9.2    Research and Development
        5.9.3    Raw Material Procurement
        5.9.4    Manufacturing
        5.9.5    Distribution
        5.9.6    Exports
        5.9.7    End-Use
    5.10    Porter’s Five Forces Analysis
        5.10.1    Overview
        5.10.2    Bargaining Power of Buyers
        5.10.3    Bargaining Power of Suppliers
        5.10.4    Degree of Competition
        5.10.5    Threat of New Entrants
        5.10.6    Threat of Substitutes
    5.11   Trade Data
        5.11.1   Imports
        5.11.2   Exports
    5.12   Key Market Drivers and Success Factors
6   Performance of Key Regions
    6.1    China
       6.1.1 Market Trends
       6.1.2 Market Forecast
    6.2    Western Europe
       6.2.1 Market Trends
       6.2.2 Market Forecast
    6.3    Other Asia
       6.3.1 Market Trends
       6.3.2 Market Forecast
    6.4    United States
         6.4.1 Market Trends
         6.4.2 Market Forecast
    6.5    Central/Eastern Europe
         6.5.1 Market Trends
         6.5.2 Market Forecast
    6.6    Middle East 
         6.6.1 Market Trends
         6.6.2 Market Forecast
    6.7    South America
         6.7.1 Market Trends
         6.7.2 Market Forecast
    6.8    Others
         6.8.1 Market Trends
         6.8.2 Market Forecast
7   Market by End Use 
    7.1 Construction 
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2 Pharmaceuticals (Including Cosmetics)
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3 Food Industry
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4 Others
        7.4.1 Market Trends
        7.4.2 Market Forecast
8   Competitive Landscape
    8.1    Competitive Structure
    8.2    Key Manufacturers
    8.3    Profiles of Key Players
        8.3.1     Shin Etsu Tylose
        8.3.2     Ashland
        8.3.3     Dow Chemical
        8.3.4     Shandong Head Co., Ltd
        8.3.5     Lotte Fine Chemical  
9   HPMC Manufacturing Process
    9.1    Product Overview
    9.2    Chemical Reactions Involved
    9.3    Detailed Process Flow
    9.4    Raw Material Requirements
    9.5    Mass Balance and Feedstock Conversion Rates
10  HPMC Feedstock Market Analysis
    10.1   Cotton
        10.1.1    Market Performance
            10.1.1.1   Volume Trends
            10.1.1.2   Value Trends
        10.1.2    Price Trends
        10.1.3    Market Breakup by Region
        10.1.4    Market Breakup by End-Use
    10.2   Wood Pulp
        10.2.1    Market Performance
            10.2.1.1   Volume Trends
            10.2.1.2   Value Trends
        10.2.2    Price Trends
        10.2.3    Market Breakup by Region
        10.2.4    Market Breakup by End-Use
    10.3   Propylene Oxide
        10.3.1   Market Performance
            10.3.1.1   Volume Trends
            10.3.1.2   Value Trends
        10.3.2   Price Trends
        10.3.3   Market Breakup by Region
        10.3.4   Market Breakup by End-Use
    10.4   Methyl Chloride
        10.4.1 Market Performance
            10.4.1.1   Volume Trends
            10.4.1.2   Value Trends
        10.4.2   Price Trends
        10.4.3   Market Breakup by Region
        10.4.4   Market Breakup by End-Use
    10.5   Sodium Hydroxide
        10.5.1   Market Performance
            10.5.1.1   Volume Trends
            10.5.1.2   Value Trends
        10.5.2   Price Trends
        10.5.3   Market Breakup by Region
        10.5.4   Market Breakup by End-Use
        10.5.5   Key Suppliers

List of Figures

Figure 1: Global: HPMC Market: Major Drivers and Challenges
Figure 2: Global: HPMC Market: Consumption Volume Trends (in ‘000 Tons), 2014-2019
Figure 3: Global: HPMC Market: Consumption Value Trends (in Million US$), 2014-2019
Figure 4: Global: HPMC Market: Average Prices (in US$/Ton), 2014-2019
Figure 5: Global: HPMC Market: Breakup by Region (in %), 2019
Figure 6: Global: HPMC Market: Breakup by End-Use (in %), 2019
Figure 7: Global: HPMC Market Forecast: Consumption Volume Trends (in ‘000 Tons), 2020-2025
Figure 8: Global: HPMC Market Forecast: Consumption Value Trends (in Million US$), 2020-2025
Figure 9: Global: HPMC Industry: SWOT Analysis
Figure 10: Global: HPMC Industry: Value Chain Analysis
Figure 11: Global: HPMC Industry: Porter’s Five Forces Analysis
Figure 12: HPMC Market: Price Structure (US$/Ton)
Figure 13: Global: HPMC Market: Import Volume Breakup by Country (in %)
Figure 14: Belgium: HPMC Market: Import Volume Trend (in Tons)
Figure 15: Global: HPMC Market: Export Volume Breakup by Country (in %)
Figure 16: Germany: HPMC Market: Export Volume Trend (in Tons)
Figure 17: China: HPMC Market (in Tons), 2014 & 2019
Figure 18: China: HPMC Market Forecast (in Tons), 2020-2025
Figure 19: Western Europe: HPMC Market (in Tons), 2014 & 2019
Figure 20: Western Europe: HPMC Market Forecast (in Tons), 2020-2025
Figure 21: Other Asia: HPMC Market (in Tons), 2014 & 2019
Figure 22: Other Asia: HPMC Market Forecast (in Tons), 2020-2025
Figure 23: United States: HPMC Market (in Tons), 2014 & 2019
Figure 24: United States: HPMC Market Forecast (in Tons), 2020-2025
Figure 25: Central/Eastern Europe: HPMC Market (in Tons), 2014 & 2019
Figure 26: Central/Eastern Europe: HPMC Market Forecast (in Tons), 2020-2025
Figure 27: Middle East: HPMC Market (in Tons), 2014 & 2019
Figure 28: Middle East: HPMC Market Forecast (in Tons), 2020-2025
Figure 29: South America: HPMC Market (in Tons), 2014 & 2019
Figure 30: South America: HPMC Market Forecast (in Tons), 2020-2025
Figure 31: Others: HPMC Market (in Tons), 2014 & 2019
Figure 32: Others: HPMC Market Forecast (in Tons), 2020-2025
Figure 33: Global: HPMC Market: Construction (in Tons), 2014 & 2019
Figure 34: Global: HPMC Market Forecast: Construction (in Tons), 2020-2025
Figure 35: Global: HPMC Market: Pharmaceuticals (Including Cosmetics) (in Tons), 2014 & 2019
Figure 36: Global: HPMC Market Forecast: Pharmaceuticals (Including Cosmetics) (in Tons), 2020-2025
Figure 37: Global: HPMC Market: Food Industry (in Tons), 2014 & 2019
Figure 38: Global: HPMC Market Forecast: Food Industry (in Tons), 2020-2025
Figure 39: Global: HPMC Market: Other Applications (in Tons), 2014 & 2019
Figure 40: Global: HPMC Market Forecast: Other Applications (in Tons), 2020-2025
Figure 41: HPMC Manufacturing: Detailed Process Flow
Figure 42: HPMC Manufacturing: Conversion Rate of Feedstocks
Figure 43: Global: Cotton Market: Consumption Volume Trends (in Million Tons), 2014-2019
Figure 44: Global: Cotton Market: Consumption Value Trends (in Million US$), 2014-2019
Figure 45: Global: Cotton Market: Average Prices (in US$/Ton), 2014-2019
Figure 46: Global: Cotton Market Forecast: Average Prices (in US$/Ton), 2020-2025
Figure 47: Global: Cotton Market Forecast: Consumption Volume Trends (in Million Tons), 2020-2025
Figure 48: Global: Cotton Market Forecast: Consumption Value Trends (in Million US$), 2020-2025
Figure 49: Global: Cotton Market: Breakup by Region (in %)
Figure 50: Global: Cotton Market: Breakup by End-Use (in %)
Figure 51: Global: Wood Pulp Market: Consumption Volume Trends (in Million Tons), 2014-2019
Figure 52: Global: Wood Pulp Market: Consumption Value Trends (in Million US$), 2014-2019
Figure 53: Global: Wood Pulp Market: Average Prices (in US$/Ton), 2014-2025
Figure 54: Global: Wood Pulp Market Forecast: Consumption Volume Trends (in Million Tons), 2020-2025
Figure 55: Global: Wood Pulp Market Forecast: Consumption Value Trends (in Million US$), 2020-2025
Figure 56: Global: Wood Pulp Market: Breakup by Region (in %)
Figure 57: Global: Wood Pulp Market: Breakup by End-Use (in %)
Figure 58: Global: Propylene Oxide Market: Consumption Volume Trends (in Million Tons), 2014-2019
Figure 59: Global: Propylene Oxide Market: Consumption Value Trends (in Million US$), 2014-2019
Figure 60: Global: Propylene Oxide Market: Average Prices (in US$/Ton), 2014-2025
Figure 61: Global: Propylene Oxide Market Forecast: Consumption Volume Trends (in Million Tons), 2020-2025
Figure 62: Global: Propylene Oxide Market Forecast: Value Trends (in Million US$), 2020-2025
Figure 63: Global: Propylene Oxide Market: Breakup by Region (in %) 
Figure 64: Global: Propylene Oxide Market: Breakup by End-Use (in %) 
Figure 65: Global: Methyl Chloride Market: Consumption Volume Trends (in Million Tons), 2014-2019
Figure 66: Global: Methyl Chloride Market: Consumption Value Trends (in Million US$), 2014-2019
Figure 67: Global: Methyl Chloride Market: Average Prices (in US$/Ton), 2014-2025
Figure 68: Global: Methyl Chloride Market Forecast: Consumption Volume Trends (in Million Tons), 2020-2025
Figure 69: Global: Methyl Chloride Market Forecast: Consumption Value Trends (in Million US$), 2020-2025
Figure 70: Global: Methyl Chloride Market: Breakup by Region (in %) 
Figure 71: Global: Methyl Chloride Market: Breakup by End-Use (in %) 
Figure 72: Global: Sodium Hydroxide Market: Consumption Volume Trends (in Million Tons), 2014-2019
Figure 73: Global: Sodium Hydroxide Market: Consumption Value Trends (in Million US$), 2014-2019
Figure 74: Global: Sodium Hydroxide Market: Average Prices (in US$/Ton), 2014-2025
Figure 75: Global: Sodium Hydroxide Market Forecast: Consumption Volume Trends (in Million Tons), 2020-2025
Figure 76: Global: Sodium Hydroxide Market Forecast: Consumption Value Trends (in Million US$), 2020-2025
Figure 77: Global: Sodium Hydroxide Market: Breakup by Region (in %) 
Figure 78: Global: Sodium Hydroxide Market: Breakup by End-Use (in %)

List of Tables

Table 1: HPMC: Physical Properties
Table 2: HPMC: Chemical Properties
Table 3: HPMC: Pharmaceutical Applications with their Typical Use Level
Table 4: Global: HPMC Market Forecast: Breakup by Region, 2020-2025
Table 5: Global: HPMC Market Forecast: Breakup by End-Use, 2020-2025
Table 6: Global: HPMC Market: Imports by Major Countries
Table 7: Global: HPMC Market: Exports by Major Countries
Table 8: Global: HPMC Market: Major Players
Table 9: HPMC Manufacturing: Raw Material Requirements
Table 10: HPMC Manufacturing: Chemical Reactions Involved 
Table 11: Global: HPMC Market: Capacity of Major Players (in Tons)
Table 12: Global: Dissolving Pulp Market: Major Players
Table 13: Global: Propylene Oxide Market: Major Players
Table 14: Global: Methyl Chloride Market: Major Players
Table 15: Global: Sodium Hydroxide Market: Major Players