Global HPMC (Hydroxypropyl Methylcellulose) Market to Grow at 4.09% During 2025-2033, Spurred by Its Growing Utilization in Construction Sector

January 22, 2025 | Chemical & Materials

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According to the latest report by IMARC Group, titled "HPMC (Hydroxypropyl Methylcellulose) Market Report by End Use (Construction, Pharmaceuticals (Including Cosmetics), Food Industry, and Others), and Region 2025-2033," the global HPMC (hydroxypropyl methylcellulose) market reached a volume of 161.6 Kilo Tons in 2024. Hydroxypropyl methylcellulose (HPMC) is an inert, biodegradable and biocompatible polymer with the chemical formula C₅₆H₁₀₈O₃₀. Also known as Hypromellose, it is viscoelastic and semisynthetic in nature. It is produced by the synthetic alteration of natural polymer cellulose that involves treating cotton linter or wood pulp in the presence of sodium hydroxide solution. It is available in the form of an off-white powder or granules without any distinct taste or odor. It is hygroscopic in nature and insoluble in hot water. However, HPMC can be easily disintegrated in cold water, further forming a colloidal solution on account of its thermal reversible gelation property. It, therefore, finds widespread applications in the manufacturing of drugs, dyes, paints, cosmetics, adhesives, coatings and textiles.

Global Hydroxypropyl Methylcellulose (HPMC) Market Trends:

The global market is primarily driven by the increasing utilization of HPMC in the construction sector. The polymer has high water retention properties due to which it results in extending the working time of mortar while improving its mechanical strength. Apart from this, it finds extensive applications in the food industry for emulsifying, stabilizing, suspending and thickening a variety of food products. It is also used as a preferred vegetarian substitute for gelatin in the preparation of numerous baking and confectionery products. In addition to this, it is used to reduce the fat content of various foods and improve the physical properties of low-fat food products, which has contributed to its widespread popularity among health-conscious consumers. Furthermore, the growing utilization of HPMC in the pharmaceutical industry is acting as another major growth-inducing factor. It is extensively used as an excipient in tablet formulations that are widely replacing hard shell gelatin capsules. Since these tablets are known to offer better performance in terms of dissolution and disintegration with a decreased time of development, they are being preferred by the masses, especially by the vegetarians. The aforementioned expanding application of HPMC across diversified sectors are expected to create a positive outlook for the market. Looking forward, the market volume is projected to reach 236.1 Kilo Tons by 2033, expanding at a CAGR of 4.09% during 2025-2033.

Global HPMC Market Summary:

On the basis of the end-use, the construction industry exhibits a clear dominance in the market. Some of the other major end use sectors pharmaceuticals (including cosmetics), food industry and others.
On the geographical front, United States holds the leading position in the market, accounting for the majority of the overall global market. The other key regions include China, Western Europe, Other Asia, Central/Eastern Europe, Middle East, South America and others.
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players. Some of these players include Ashland Global Holdings Inc., Dow Chemical Company, LOTTE Fine Chemical Co. Ltd., SE Tylose GmbH & Co. KG and Shandong Head Co. Ltd.

Report Scope:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	‘000 Tons, Million USD
Segment Coverage	End Use, Region
Region Covered	China, Western Europe, Other Asia, United States, Central/Eastern Europe, Middle East, South America, Others
Companies Covered	Ashland Global Holdings Inc., Dow Chemical Company, LOTTE Fine Chemical Co. Ltd., SE Tylose GmbH & Co. KG and Shandong Head Co. Ltd.
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global HPMC (Hydroxypropyl Methylcellulose) Market to Grow at 4.09% During 2025-2033, Spurred by Its Growing Utilization in Construction Sector

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