According to IMARC Group latest report titled “Europe Hydroxypropyl Methylcellulose (HPMC) Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, offers a comprehensive analysis of the industry, which comprises insights on . The report also includes competitor and regional analysis, and contemporary advancements in the global market. The market is currently witnessing strong growth. The Europe Hydroxypropyl Methylcellulose (HPMC) Market to exhibit moderate growth during the next five years.
Hydroxypropyl methylcellulose (HPMC) is an alkali cellulose derivative that is mainly present in wood cellulose. It is procured by treating wood pulp with methyl chloride, caustic soda, and propylene oxide. Besides this, it is also obtained from the partial etherification of wood with elements belonging to hydroxypropyl groups. It is a tasteless, odorless, non-toxic, light-colored powder that forms a colloid solution when dissolved in cold water. It is widely utilized in the preparation of biocomposites due to its excellent biodegradability and biocompatibility. As a result, it has applications in pharmaceuticals, ceramics, adhesives, paints and coatings, buildings, and personal care products.
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Market Trends:
Increasing utilization of HPMC in several food industries is driving the market. This can be accredited to the rising production of stabilizers, thickening agents, and emulsifiers used in the preparation of toppings, ketchup, and frozen fruits. Along with this, the increasing health consciousness among individuals is supporting the demand for HPMC as it aids in normalizing metabolic abilities that are associated with obesity, thereby reducing body weight. Additionally, the widespread adoption of HPMC in the production of construction materials, such as tile binders, water retention agents, and rheology modifiers, due to its hydrophilic and reversible gelation properties, is catalyzing the market demand. Other factors, including the growing product utilization in the formulation of personal care and wellness products and extensive research and development (R&D) activities conducted by leading players, are further driving the market in Europe.
Explore Full Report with Table of Contents:
Europe Hydroxypropyl Methylcellulose (HPMC) Market Segmentation:
Our report has categorized the market based on country and end use.
Breakup by End Use:
- Construction
- Pharmaceuticals (Including Cosmetics)
- Food Industry
- Others
Breakup by Country:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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