North America Hydroxypropyl Methylcellulose (HPMC) Market to Grow at 6.08% During 2024-2032, Driven by the Increasing Construction Activities

July 25, 2023 | Chemical & Materials

According to the latest report by IMARC Group, titled “North America Hydroxypropyl Methylcellulose (HPMC) Market: Regional Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,” the North America hydroxypropyl methylcellulose (HPMC) market is expected to grow at a CAGR of 6.08% during 2024-2032. Hydroxypropyl Methylcellulose (HPMC) is a versatile compound widely used in various industries for its unique properties and functions. It is a semi-synthetic polymer derived from cellulose; a natural polymer found in plants. HPMC is created by modifying cellulose through a chemical process that involves adding hydroxypropyl and methyl groups to its molecular structure. HPMC is soluble in water and forms a transparent, viscous solution. It exhibits excellent water retention properties, thus making it ideal for applications that require moisture control. It is commonly used as a thickener, binder, emulsifier, and film-former in a wide range of products. In the construction industry, HPMC is utilized in cement-based mortars, tile adhesives, and other construction materials to enhance viscosity, adhesion, and workability. In the pharmaceutical industry, it is used as a coating agent in tablets and capsules, providing controlled-release drug delivery. HPMC also finds applications in personal care products, such as lotions, creams, and shampoos, as a thickening agent and film former. HPMC offers numerous advantages, including improved texture, stability, and extended-release profiles. It is considered a safe and non-toxic material, and it is biodegradable, making it an attractive choice for industries that prioritize sustainability and environmental consciousness.

North America Hydroxypropyl Methylcellulose (HPMC) Market Trends:

The rising construction industry represents one of the key factors driving the growth of the hydroxypropyl methylcellulose (HPMC) market across North America. This, coupled with the increasing utilization of hydroxypropyl methylcellulose as a thickener and binder in construction materials, such as cement-based mortars, tile adhesives, and gypsum-based products, is acting as a major growth-inducing factor. The growing construction activities, infrastructure development, and renovation projects in North America are driving the demand for HPMC in the region, which is boosting the growth of the market. The market is also driven by the rising pharmaceutical industry, which is a major consumer of HPMC. In line with this, HPMC is utilized as a coating agent in pharmaceutical tablets and capsules, enabling controlled-release drug delivery systems. The increasing focus on patient compliance and the development of novel drug formulations are propelling the demand for HPMC in the pharmaceutical sector, which is fueling the growth of the market. In line with this, the rising trend toward eco-friendly and sustainable materials across industries is contributing to the growth of the market. HPMC is considered a green alternative due to its biodegradability and low toxicity. The rising preference for HPMC over other synthetic polymers due to environmental regulations becoming more stringent is driving the market growth. Manufacturers are investing in the development of bio-based HPMC derived from renewable sources. This, coupled with the increasing demand for sustainable solutions across industries is contributing to the market growth. Apart from this, HPMC is used as a thickener and film-forming agent in lotions, creams, shampoos, and makeup products. The rising consumer demand for natural and organic personal care products, coupled with the versatility of HPMC in providing texture, stability, and improved sensorial attributes, is creating a positive outlook for the market across the region.

Market Summary:

  • Based on end-use, the market has been segregated into construction, pharmaceutical (including cosmetics), food industry, and others.
  • On a geographical front, the market has been segmented into the United States, Canada, and Mexico.
  • The competitive landscape of the market has also been examined with the profiles of some of the key players.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Segment Coverage End-Use, Country
Countries Covered United States, Canada, Mexico
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

134 N 4th St.
Brooklyn, NY 11249, USA
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
North America Hydroxypropyl Methylcellulose (HPMC) Market to Grow at 6.08% During 2024-2032, Driven by the Increasing Construction Activities
Purchase options

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-713-2163


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More