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Hydroxypropyl Cellulose Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020

Pre Book Price: $ 5216

Original Price: $ 5795

Hydroxypropyl cellulose (HPC) is a cellulose derivative which possesses both water solubility as well as organic solubility. It is primarily used as a lubricant and topical ophthalmic protectant.  Hydroxypropyl cellulose is a type of cellulose ether and is manufactured by the chemical modification of cellulose.  Cellulose ethers are mainly used as thickeners, stabilizers and viscosity agents in several industries such as pharmaceuticals, food, personal care, construction, oil field chemicals, textiles, adhesives and paper.  Hydroxypropyl Cellulose, in particular, is used in the manufacturing of adhesives, aerosols, binders, coatings, cosmetics, encapsulation, extrusion products, food, molding, paint removers, paper, pharmaceuticals, plastic foams, polyvinyl chloride (PVC) processing, printing inks and other miscellaneous applications. The growing demand from end-user industries such as plastics, personal care, chemicals, textiles and adhesives is expected to drive the global hydroxypropyl cellulose market in the years to come. 

The growing demand for hydroxypropyl cellulose from several industries can be attributed to its highly useful properties. Hydroxypropyl cellulose exhibit characteristics such as thickener, thermoplastic, stabilizer, foaming aid, film-former, binder, water, alcohol and solvent soluble, oil, fat and alcohol barrier, low residue, glaze, heat sealable, emulsion stabilizer, pH insensitive, acid resistant and suspending agent. Owing to such numerous properties, hydroxypropyl cellulose is widely used in the production of diverse range of application products such as whipped toppings, electrical insulators, ceramic glazes, matrix boards, alcohol core wash compounds, edible food coatings, film coatings, paper and textile coatings, hair styling aids, perfumes and colognes, alcohol based preparations, shampoos, lotions, emulsion creams, profiles and filaments, films and sheets, confectionaries, fabricated food products, compression, injection and blow molding, tablet binder and coating, foamed sheet, tube and road, printing inks, cleaners and polishes. The rising demand from all such applications is anticipated to drive the global hydroxypropyl cellulose market in the next few years. 

As far as regional markets are concerned, Asia Pacific is predicted to emerge as the fastest growing market for hydroxypropyl cellulose in the coming years. The main reason for this is the shifting of manufacturing base of FMCG and other consumer goods to China, India and South East Asian countries such as Indonesia, Malaysia, Thailand and Vietnam. In addition, the population in these countries is rising at a rapid rate which is resulting in an increase in the overall customer base. Also, due to the economic development of these countries, the disposable income and the purchase parity of the consumers is rising which is ultimately increasing the number of potential customers across these emerging nations. 

Moreover, the countries such as Brazil, Argentina, South Africa, Algeria, Sudan, Nigeria, Jordan, Saudi Arabia, Egypt, Iran, Yemen, Bahrain, Qatar, Kuwait and Israel are rapidly coming up with robust manufacturing infrastructure. Furthermore, the U.S. and European economies are showing strong signs of recovery after a severe economic turmoil. All these factors are ultimately creating a positive outlook for the global economy. Subsequently, the demand for hydroxypropyl cellulose in diverse application areas is expected to rise in the near future and hence, the global hydroxypropyl cellulose market is predicted to record a strong growth in the next six years.

Some of the major companies operating in the global hydroxypropyl cellulose market are Ashland Inc., Akzo Nobel N.V., CP Kelco, Daicel Corporation, The Dow Chemical Company, Lamberti S.p.A, Penn Carbose Inc., Sichem LLC, SINOCMC Co. Ltd. and Yixing Tongda Chemical Co. Ltd.

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 
  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  
This report provides comprehensive analysis of 
  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for upcoming years 
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. 

Reasons for Buying this Report
  • This report provides pin-point analysis for changing competitive dynamics
  • It provides a forward looking perspective on different factors driving or restraining market growth 
  • It provides a six-year forecast assessed on the basis of how the market is predicted to grow 
  • It helps in understanding the key product segments and their future
  • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
  • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments 
  • It provides distinctive graphics and exemplified SWOT analysis of major market segments

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