Market Overview:
The Latin America hydroxypropyl methylcellulose market is currently witnessing moderate growth. Hydroxypropyl methylcellulose (HPMC) or hypromellose is a semi-synthetic and viscoelastic polymer produced from the synthetic modification of alkali cellulose. It is inert, colorless, tasteless, soluble in water and acts as a lubricant in various ophthalmic procedures. It also exhibits thermo-gel properties and is commonly used in bath soaps, shampoos, cleansers and sunscreens. It is also used in numerous construction materials and as a replacement of gelatin in vegan food and bakery products. As a result, HPMC finds extensive applications across the food and beverage, construction, pharmaceutical and manufacturing industries.
The widespread adoption of HPMC as a vegetarian substitute for animal-sourced gelatin across the food and beverage industry is one of the key factors driving the market growth. Due to its thermal gelation, thickening and film-forming properties, it is widely used to modify and improve the taste and texture of the food products. Furthermore, significant growth in the pharmaceutical industry is creating a positive outlook for the market. HPMS is widely used in supplement capsules as a drug carrier, emulsifier and tablet binder. Moreover, the increasing utilization of HPMC in the manufacturing industry for the production of dyes, paints, textiles, water-based industrial coatings and adhesives, is providing a thrust to the market growth. Looking forward, IMARC Group expects the market to witness moderate growth during 2021-2026.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Latin America hydroxypropyl methylcellulose market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region and end use.
Breakup by End Use:
- Construction
- Pharmaceuticals (Including Cosmetics)
- Food Industry
- Others
Breakup by Country:
- Brazil
- Mexico
- Argentina
- Columbia
- Chile
- Peru
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key Questions Answered in This Report:
- How has the Latin America HPMC market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Latin America HPMC market?
- What are the key regional markets?
- What is the breakup of the market based on the end use?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Latin America HPMC market and who are the key players?
- What is the degree of competition in the industry?
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 Key Industry Trends
5 Latin America HPMC Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market by End Use
6.1 Construction
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Pharmaceuticals (Including Cosmetics)
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Food Industry
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Country
7.1 Brazil
7.1.1 Market Trends
7.1.2 Market Breakup by End Use
7.1.3 Market Forecast
7.2 Mexico
7.2.1 Market Trends
7.2.2 Market Breakup by End Use
7.2.3 Market Forecast
7.3 Argentina
7.3.1.1 Market Trends
7.3.2 Market Breakup by End Use
7.3.3 Market Forecast
7.4 Columbia
7.4.1 Market Trends
7.4.2 Market Breakup by End Use
7.4.3 Market Forecast
7.5 Chile
7.5.1 Market Trends
7.5.2 Market Breakup by End Use
7.5.3 Market Forecast
7.6 Peru
7.6.1 Market Trends
7.6.2 Market Breakup by End Use
7.6.3 Market Forecast
7.7 Others
7.7.1 Market Trends
7.7.2 Market Breakup by End Use
7.7.3 Market Forecast
8 SWOT Analysis
8.1 Overview
8.2 Strengths
8.3 Weaknesses
8.4 Opportunities
8.5 Threats
9 Value Chain Analysis
10 Porters Five Forces Analysis
10.1 Overview
10.2 Bargaining Power of Buyers
10.3 Bargaining Power of Suppliers
10.4 Degree of Competition
10.5 Threat of New Entrants
10.6 Threat of Substitutes
11 Price Analysis
12 Policy and Regulatory Landscape
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
List of Figures
Figure 1: Latin America: HPMC Market: Major Drivers and Challenges
Figure 2: Latin America: HPMC Market: Volume Trends (in ‘000 Tons), 2015-2020
Figure 3: Latin America: HPMC Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 4: Latin America: HPMC Market: Breakup by End Use (in %), 2020
Figure 5: Latin America: HPMC Market: Breakup by Country (in %), 2020
Figure 6: Latin America: HPMC (Construction) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 7: Latin America: HPMC (Construction) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 8: Latin America: HPMC (Pharmaceuticals-Including Cosmetics) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 9: Latin America: HPMC (Pharmaceuticals-Including Cosmetics) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 10: Latin America: HPMC (Food Industry) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 11: Latin America: HPMC (Food Industry) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 12: Latin America: HPMC (Other End Uses) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 13: Latin America: HPMC (Other End Uses) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 14: Brazil: HPMC Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 15: Brazil: HPMC Market: Breakup by End Use (in %), 2020
Figure 16: Brazil: HPMC Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 17: Mexico: HPMC Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 18: Mexico: HPMC Market: Breakup by End Use (in %), 2020
Figure 19: Mexico: HPMC Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 20: Argentina: HPMC Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 21: Argentina: HPMC Market: Breakup by End Use (in %), 2020
Figure 22: Argentina: HPMC Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 23: Columbia: HPMC Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 24: Columbia: HPMC Market: Breakup by End Use (in %), 2020
Figure 25: Columbia: HPMC Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 26: Chile: HPMC Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 27: Chile: HPMC Market: Breakup by End Use (in %), 2020
Figure 28: Chile: HPMC Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 29: Peru: HPMC Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 30: Peru: HPMC Market: Breakup by End Use (in %), 2020
Figure 31: Peru: HPMC Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 32: Others: HPMC Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 33: Others: HPMC Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 34: Latin America: HPMC Industry: SWOT Analysis
Figure 35: Latin America: HPMC Industry: Value Chain Analysis
Figure 36: Latin America: HPMC Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Latin America: HPMC Market: Key Industry Highlights, 2020 and 2026
Table 2: Latin America: HPMC Market Forecast: Breakup by End Use (in ‘000 Tons), 2021-2026
Table 3: Latin America: HPMC Market Forecast: Breakup by Country (in ‘000 Tons), 2021-2026
Table 4: Latin America: HPMC Market: Competitive Structure
Table 5: Latin America: HPMC Market: Key Players