Hydroxypropyl methylcellulose (HPMC), or hypromellose, represents a derivative of alkali cellulose that is procured by treating cotton liner or wood pulp with caustic soda, propylene oxide, and methyl chloride. It is a light-colored, non-toxic, and odorless powder that forms a colloid solution when dissolved in cold water.
In line with this, hydroxypropyl methylcellulose exhibits hydrophilic and reversible gelation properties, which makes it suitable to use in numerous fields, such as paints and coatings, buildings and construction, personal care, etc. Furthermore, it finds extensive applications in the manufacturing of drugs, dyes, adhesives, textiles, etc., across the GCC countries.
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Historical Year: 2016-2021 Base Year: 2021 Forecast Year: 2022-2027
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GCC Hydroxypropyl Methylcellulose Industry Trends and Drivers:
The increasing utilization of HPMC in the food and beverage (F&B) industry as a thickening agent, stabilizer, and emulsifier for preparing frozen fruits, ketchup, toppings, sauces, etc., is primarily driving the GCC hydroxypropyl methylcellulose market. Apart from this, the rising demand for low-fat food products, on account of the growing consumer health consciousness, is further augmenting the market growth.
Moreover, the widespread adoption of hydroxypropyl methylcellulose as a lubricant, binder, bio adhesives, solubility enhancer, and dispersing agent in the production of ointments, creams, lotions, and pastes is acting as another significant growth-inducing factor.
Besides this, an enhanced focus on personal health and hygiene is propelling the need for HPMC, thereby positively influencing the regional market. Additionally, it is used as an excipient in tablet formulations that are known to offer better performance in terms of dissolution and disintegration with a decreased time of development, which is anticipated to fuel the GCC hydroxypropyl methylcellulose market in the coming years.
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GCC Hydroxypropyl Methylcellulose Market Segmentation:
The market is segmented in on the basis of type, end use and region.
The report also provides insights on the competitive landscape of the GCC hydroxypropyl methylcellulose industry with the leading players profiled in the report.
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