Hydroxypropyl methylcellulose is a semisynthetic, inert and viscoelastic polymer. It is used as an excipient and a controlled-delivery component in oral medicaments, and as an ophthalmic lubricant. The chemical formula of HPMC is C56H108O30 and it is produced on an industrial level by treating cellulose, propylene and methylene with sodium hydroxide by the process of alkalization and etherification. HPMC has well-diversified applications across various sectors. It is used in pharmaceuticals, ceramics, adhesives, paints & coatings, buildings and personal care products. It is used in construction materials as a tile binder, water retention agent and rheology modifier. It also serves as an alternative to gelatin because of its physical similarities to gelatin and its vegetarian source. It can also be used as a substitute to gluten. In the pharmaceutical sector, it is used in supplement capsules, coatings; as a drug carrier, emulsifier and tablet binders. On the industrial level, it is used in inks, in printing and dyeing of textiles and in paper making. During 2009-2016, the global HPMC market grew at a CAGR of around 6.8%. The consumption of HPMC is driven by the construction and pharmaceutical sector which account for the majority of its consumption. The report by Expert Market Research entitled “HPMC Market Report and Forecast 2017-2022” provides a comprehensive analysis for anyone who plans to foray into the HPMC market.
Historical market trends for the HPMC industry have been provided from 2009-2016 and forecasts have been presented till 2022. On a regional level, the report has segmented the global HPMC market into the following regions - China, Western Europe, Other Asia, United States, Central/Eastern Europe, Middle East and South America. China currently represents the largest market. On the basis of end-use, the global HPMC market has been segmented into Construction, Pharmaceutical (including cosmetics), Food and other industries. Construction and Pharmaceutical currently represent the biggest end-use markets for HPMC.
The value chain analysis of HPMC has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution. Furthermore, the study assesses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the HPMC industry has also been provided. The report also covers the global import and export trends of HPMC with Belgium being the largest importer and Germany being the largest exporter.
This report provides an exhaustive insight into the manufacturing of HPMC. Factors such as chemical reactions involved, process flow, raw material requirements, mass balance and various manufacturing steps have been thoroughly discussed in the report. The report also provides a comprehensive market evaluation of the major feedstocks required for manufacturing HPMC viz. cellulose, propylene, methyl chloride and sodium hydroxide. For each feedstock, the report provides market trends, price trends, market by application, market by region and its key manufacturers.
The following are the key questions answered by this report:
- What are the market trends for the global HPMC market?
- Which are the biggest markets (regions) for HPMC?
- What are the key application areas of HPMC?
- Who are the key manufacturers in the HPMC market?
- What are the price trends of HPMC?
- What are the raw material requirements for the manufacturing of HPMC?
- What are the chemical reactions involved in the manufacturing of HPMC?
- Who are the major importers and exporters of HPMC?
- What is the value chain analysis of the HPMC industry?
- What are the market trends of major feedstocks?
- What are the price trends of major feedstocks?
- Which are the biggest markets (regions) for major feedstocks?
- What are the key application areas for various feedstocks?
- Who are the key players for various feedstocks?
In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the HPMC industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complemented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.
Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector-specific events and assumptions are taken into account to generate the final forecast.