The North America hydroxypropyl methylcellulose (HPMC) market is expected to exhibit a growth rate (CAGR) of 6.08% during 2024-2032.
Report Attribute
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Key Statistics
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Base Year
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2023 |
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Growth Rate (2024-2032) | 6.08% |
Hydroxypropyl methylcellulose (C12H20O10) refers to a tasteless, odorless and light-colored powder obtained from synthetic modification of alkali cellulose. It is produced by treating cotton linter or wood pulp with sodium hydroxide solution. HPMC has low ash content, excellent film-forming ability, salt tolerance, water-retaining property, thickening capacity and optimum resistance to enzymes. Owing to this, it finds applications in the construction, pharmaceutical, cosmetics, ceramics and food industries.
The HPMC market in North America is being driven by the increasing demand from the construction industry for producing mortar, coatings, spray paints, cement tiles and latex putty. Furthermore, HPMC is also used for making adhesives and for mitigating the presence of water, which is positively affecting the market growth. In addition to this, HPMC plays a major role in the food industry by stabilizing, thickening, emulsifying and suspending frozen foods, frozen fruits, sauces and ketchups. Moreover, increasing demand for HPMC in the pharmaceutical industry for controlled released matrix, tablet binder, rheology control, coating and direct compression, is spurring the market growth.
IMARC Group provides an analysis of the key trends in each segment of the North America hydroxypropyl methylcellulose (HPMC) market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on end-use.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Million |
Segment Coverage | End-Use, Country |
Countries Covered | United States, Canada, Mexico |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
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) |