According to IMARC Group latest report titled” ”, 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) refers to an inactive, semi-synthetic, and viscoelastic polymer. It is produced as an inert, light-colored, tasteless, odorless powder obtained from the synthetic modification of alkali cellulose. HPMC has a low ash content, excellent film-forming ability, salt tolerance, water-retaining property, thickening capacity and optimum resistance to enzymes. On account of these properties, HPMC is widely utilized in the construction, pharmaceutical, cosmetics, ceramics and food industries.
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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 purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market Trends:
The Europe HPMC market is being majorly driven by the escalating demand for the HPMC as a replacement for animal-based products. Furthermore, the rising utilization of HPMC in the food and beverage (F&B) industry is propelling the market growth in the region. HPMC reduces the oil content in deep-fried food products, which helps in minimizing the risks of developing chronic lifestyle diseases. Furthermore, growth in the construction industry across Europe is creating a positive outlook for the market. HPMC enhances mortar plasticity, prevents cracks and improves the strength of cement.
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.
Market Breakup by End Use:
- Construction
- Pharmaceuticals (Including Cosmetics)
- Food Industry
- Others
Market 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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