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Global Hydroxypropyl Cellulose Market: By Type: L- Hydroxypropyl Cellulose, H- Hydroxypropyl Cellulose; By Application: Food and Beverages, Cosmetics and Personal Care, Pharmaceuticals, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Competitive Landscape; Industry Events and Developments
Global Hydroxypropyl Cellulose Market Outlook
The global hydroxypropyl cellulose market is expected to grow in the forecast period of 2022-2027 at a CAGR of 4%.
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The Asia Pacific Market for Hydroxypropyl Cellulose to be Aided by the Installation of FMCG Manufacturing Bases
The Asia Pacific is expected to be a significant global market for hydroxypropyl cellulose over the forecast period. The relocation of the manufacturing base of FMCG and other consumer goods to Asian countries such as China, India, Indonesia, Malaysia, Thailand, and Vietnam is expected to aid the hydroxypropyl cellulose industry in the region. The Asian hydroxypropyl cellulose industry is also aided by the increased demand for ophthalmic drugs in developing countries like India, Japan, and China. North America and Europe are predicted to witness a healthy market growth owing to the rising levels of disposable income and purchasing power among the consumers. The Middle East and Africa are also anticipated to have a steady growth owing to the growing infrastructure and growing demand for the product.
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Hydroxypropyl Cellulose: Market Segmentation
Hydroxypropyl cellulose is a cellulose derivative which is soluble in both water and organic solvents. It is a white, tasteless, and odourless powder. Hydroxypropyl cellulose has wide applications owing to its high solubility, thermoplasticity, stabilising, and thickening properties. It is generally used as a lubricant and topical ophthalmic protectant.
The major types of hydroxypropyl cellulose are:
- L-Hydroxypropyl Cellulose
- H-Hydroxypropyl Cellulose
The market can be broadly categorised based on its applications into:
- Food and Beverages
- Cosmetics and Personal Care
- Pharmaceuticals
- Construction
- Paper and Textile
- Oil Field Chemical
- Paints and Adhesives
- Others
The EMR report looks into the regional markets of hydroxypropyl cellulose like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Demand for Ophthalmic Drugs to Drive the Global Market for Hydroxypropyl Cellulose
The global hydroxypropyl cellulose industry is being driven by the rising demand for ophthalmic drugs due to the rising prevalence of eye diseases. Hydroxypropyl cellulose finds its major application in the food and beverage industry, where it is used as an emulsion stabiliser, thickener, and binder in various food products such as frozen food, canned citrus, and sauces. It is also employed as a dispersant in the processing stages of polyvinyl chloride (PVC). The surging demand for frozen food and packaged food products is anticipated to propel the hydroxypropyl cellulose industry forward. The growing construction and infrastructure industry is expected to boost the market growth of the product. Furthermore, the market is aided by the improving standard of living and the rising disposable income among the consumers.
Key Industry Players in the Global Hydroxypropyl Cellulose Market
The report presents a detailed analysis of the following key players in the global hydroxypropyl cellulose market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Ashland Global Holdings Inc.,
- Sidley Chemical Co., Ltd.
- Nippon Soda Co., Ltd.
- Shin-Etsu Chemical Co., Ltd.
- Shandong Head Europe BV
- Hangzhou Showland Technology Co., Ltd
- Shandong Xinhua Pharmaceutical Co., Ltd
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, Region |
| Breakup by Type | L- Hydroxypropyl Cellulose, H- Hydroxypropyl Cellulose |
| Breakup by Application | Food and Beverages, Cosmetics and Personal Care, Pharmaceuticals, Construction, Paper and Textile, Oil Field Chemical, Paints and Adhesives, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Ashland Global Holdings Inc., Sidley Chemical Co. Ltd., Nippon Soda Co., Ltd., Shin-Etsu Chemical Co. Ltd., Shandong Head Europe BV, Hangzhou Showland Technology Co. Ltd, Shandong Xinhua Pharmaceutical Co. Ltd, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Hydroxypropyl Cellulose Market Analysis
8.1 Key Industry Highlights
8.2 Global Hydroxypropyl Cellulose Historical Market (2017-2021)
8.3 Global Hydroxypropyl Cellulose Market Forecast (2022-2027)
8.4 Global Hydroxypropyl Cellulose Market by Type
8.4.1 L- Hydroxypropyl Cellulose
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 H- Hydroxypropyl Cellulose
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.5 Global Hydroxypropyl Cellulose Market by Application
8.5.1 Food and Beverages
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Cosmetics and Personal Care
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Pharmaceuticals
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Construction
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2017-2021)
8.5.4.3 Forecast Trend (2022-2027)
8.5.5 Paper and Textile
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2017-2021)
8.5.5.3 Forecast Trend (2022-2027)
8.5.6 Oil Field Chemical
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2017-2021)
8.5.6.3 Forecast Trend (2022-2027)
8.5.7 Paints and Adhesives
8.5.7.1 Market Share
8.5.7.2 Historical Trend (2017-2021)
8.5.7.3 Forecast Trend (2022-2027)
8.5.8 Others
8.6 Global Hydroxypropyl Cellulose Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 North America Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.2 Europe Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.3 Asia Pacific Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.4 Latin America Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.5 Middle East and Africa Historical Price Trends (2017-2021) and Forecast (2022-2027)
13 Manufacturing Process
13.1 Overview
13.2 Detailed Process Flow
13.3 Operations Involved
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Ashland Global Holdings Inc.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Sidley Chemical Co.,Ltd.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Nippon Soda Co., Ltd.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Shin-Etsu Chemical Co., Ltd.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Shandong Head Europe BV
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Hangzhou Showland Technology Co., Ltd
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Shandong Xinhua Pharmaceutical Co.,Ltd
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Others
15 Industry Events and Developments
Additional Customisation Available
1 Project Requirements and Cost Analysis
1.1 Land, Location, and Site Development
1.2 Construction
1.3 Plant Machinery
1.4 Raw Material
1.5 Packaging
1.6 Transportation
1.7 Utilities
1.8 Manpower
1.9 Other Capital Investments
List of Key Figures and Tables
1. Global Hydroxypropyl Cellulose Market: Key Industry Highlights, 2016 and 2026
2. Global Hydroxypropyl Cellulose Historical Market: Breakup by Type (USD Billion), 2017-2021
3. Global Hydroxypropyl Cellulose Market Forecast: Breakup by Type (USD Billion), 2022-2027
4. Global Hydroxypropyl Cellulose Historical Market: Breakup by Application (USD Billion), 2017-2021
5. Global Hydroxypropyl Cellulose Market Forecast: Breakup by Application (USD Billion), 2022-2027
6. Global Hydroxypropyl Cellulose Historical Market: Breakup by Region (USD Billion), 2017-2021
7. Global Hydroxypropyl Cellulose Market Forecast: Breakup by Region (USD Billion), 2022-2027
8. North America Hydroxypropyl Cellulose Historical Market: Breakup by Country (USD Billion), 2017-2021
9. North America Hydroxypropyl Cellulose Market Forecast: Breakup by Country (USD Billion), 2022-2027
10. Europe Hydroxypropyl Cellulose Historical Market: Breakup by Country (USD Billion), 2017-2021
11. Europe Hydroxypropyl Cellulose Market Forecast: Breakup by Country (USD Billion), 2022-2027
12. Asia Pacific Hydroxypropyl Cellulose Historical Market: Breakup by Country (USD Billion), 2017-2021
13. Asia Pacific Hydroxypropyl Cellulose Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Latin America Hydroxypropyl Cellulose Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Latin America Hydroxypropyl Cellulose Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Middle East and Africa Hydroxypropyl Cellulose Historical Market: Breakup by Country (USD Billion), 2017-2021
17. Middle East and Africa Hydroxypropyl Cellulose Market Forecast: Breakup by Country (USD Billion), 2022-2027
18. North America Historical Price Trends and Forecast 2017-2027
19. Europe Historical Price Trends and Forecast 2017-2027
20. Asia Pacific Historical Price Trends and Forecast 2017-2027
21. Latin America Historical Price Trends and Forecast 2017-2027
22. Middle East and Africa Historical Price Trends and Forecast 2017-2027
23. Global Hydroxypropyl Cellulose Market Structure
Key Questions Answered in the Report
In the forecast period of 2022-2027, the global hydroxypropyl cellulose market is projected to grow at a CAGR of 4%.
The major drivers of the industry, such as rising disposable incomes, growing health consciousness, rising ophthalmic diseases, and increasing demand from the food and beverage industry, are expected to aid the market growth.
Customisation of the product to cater to the industrial needs of various sectors is the key trend in the market.
The major regional markets of hydroxypropyl cellulose are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The major types of the product are L-hydroxypropyl cellulose and H-hydroxypropyl cellulose.
Hydroxypropyl cellulose finds its leading application in food and beverages, cosmetics and personal care, pharmaceutical, construction, paper and textile, oil field chemical, and paints and adhesives, among others.
The major players in the industry include Ashland Global Holdings Inc., Sidley Chemical Co. Ltd., Nippon Soda Co., Ltd., Shin-Etsu Chemical Co. Ltd., Shandong Head Europe BV, Hangzhou Showland Technology Co. Ltd, and Shandong Xinhua Pharmaceutical Co. Ltd, among others.
Analyst Review
The global hydroxypropyl cellulose market is being driven by rising demand for ophthalmic drugs. Aided by food and beverages industrial growth, the market is expected to witness a moderate growth in the forecast period of 2022-2027, growing at a CAGR of 4%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the market can be segmented into L-hydroxypropyl cellulose and H-hydroxypropyl cellulose. By application, the market is segmented into food and beverages, cosmetics and personal care, pharmaceutical, construction, paper and textile, oil field chemical, and paints and adhesives, among others. The major regional markets for the hydroxypropyl cellulose are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Ashland Global Holdings Inc., Sidley Chemical Co. Ltd., Nippon Soda Co., Ltd., Shin-Etsu Chemical Co. Ltd., Shandong Head Europe BV, Hangzhou Showland Technology Co. Ltd, and Shandong Xinhua Pharmaceutical Co. Ltd, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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