HPMC (Hydroxypropyl Methylcellulose) Market Research Report, Share, Size, Trends, Forecast and Analysis of Key players 2022-27-IMARC Group - Digital Journal

2022-05-21 17:11:15 By : Ms. Betty Chen

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 According to the latest report by IMARC Group, titled “HPMC (Hydroxypropyl Methylcellulose) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global HPMC (hydroxypropyl methylcellulose) market reached a volume of 139.8 Kilo Tons in 2021.  Hydroxypropyl methylcellulose (HPMC) is a non-fermentable, semi-synthetic, viscoelastic polymer obtained through the etherification of cellulose, propylene, and methylene with sodium hydroxide. It is elastic, transparent, and exhibits low-moisture content, optimal strength, oxygen barrier ability, and oil and fat resistant properties. Apart from this, HPMC possesses biodegradable and biocompatibility characteristics, due to which it is extensively used in preparing biocomposites. 

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Global Hydroxypropyl Methylcellulose (HPMC) Market Trends:

With the rapid expansion in the food and beverage (F&B) industry, there has been increasing demand for stabilizers and thickening agents to prepare various toppings, sauces, and confectionery products. This, in turn, is promoting the widespread adoption of HPMC across the sector, thus driving the market growth. Additionally, the rising need for non-toxic and vegetarian capsules have facilitated the deployment of hydroxypropyl methylcellulose in the pharmaceutical industry as an excipient in tablet formulations, which is propelling the market growth. In line with this, HPMC is used as a dispersing agent, binder, and solubility enhancer, due to which it is further utilized for producing various health and personal care products. This, along with continuous research and development (R&D) activities to identify various industrial applications of HPMC, are contributing to the market growth. Looking forward, IMARC Group expects the market to reach a volume of 186.8 Kilo Tons by 2027, exhibiting a CAGR of 5.18% during 2022-2027.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

IMARC Group provides an analysis of the key trends in each sub-segment of the global HPMC (hydroxypropyl methylcellulose) market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on end use.

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Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

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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

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