Transparency Market Research Reports included a detailed market survey and analysis trends on “Hydroxypropyl Cellulose Market”. This report also includes more info about basic overview of the industry including definitions, applications and global market industry structure.Hydroxypropyl cellulose
is cellulose ether with high solubility in water and organic solvents.
Solubility properties of hydroxypropyl cellulose are dependent on the
temperature and hydroxypropyl cellulose doesn’t dissolve in water if the
temperature is above 45 degree Celsius. Hydroxypropyl cellulose is
typically manufactured by reaction of alkali cellulose with propylene oxide.
Propylene dioxide is substituted on cellulose by an ether linkage.
Hydroxypropyl cellulose is produced in different grades as per the end user
industry. Grades primarily differ on the desired viscosity of hydroxypropyl
cellulose. Stability of hydroxypropyl cellulose is dependent on the storage
conditions and molecular weight of polymer.
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Hydroxypropyl cellulose
has easy solubility in organic solvents and possesses thermoplastic properties.
Therefore, hydroxypropyl cellulose is used for several applications including
thickener, stabilizer, foaming, binder and oxygen barrier solvent among several
others. Major end user industries for hydroxypropyl cellulose include
adhesives, aerosols, personal care, paint removers and pharmaceuticals among
several others. Pharmaceutical is the largest application segment for
hydroxypropyl cellulose and the trend is anticipated to continue during the
forecast period.
Hydroxypropyl cellulose
is extensively used in production of PVC (Poly Vinyl Chloride) as a disperser
to enhance its granular distribution, adsorptive and plasticizing properties.
Therefore increasing demand for PVC is among major factors driving demand for
hydroxypropyl cellulose. High growth in pharmaceutical industry mainly in the
developing and emerging economies has been a major factor fuelling demand for
hydroxypropyl cellulose and the trend is anticipated to continue during the
forecast period.
Hydroxypropyl cellulose
is used for preservation of food and beverages among others.
Therefore increasing
demand for packaged food is also among major growth drivers for hydroxypropyl
cellulose market. Moreover, demand for hydroxypropyl cellulose for paper
packaging and other coating applications such as metal are anticipated to offer
huge growth opportunity for hydroxypropyl cellulose market.
North America followed
by Europe has been dominating the global demand for hydroxypropyl cellulose.
However owing to market saturation in several end user industries, demand for
hydroxypropyl cellulose in North America and Europe is anticipated to grow at a
sluggish rate during the forecast period. Asia Pacific is expected to be the
fastest growing region for hydroxypropyl cellulose market. Huge population and
high GDP growth rate in the emerging economies of India and China are among
major factors driving growth for hydroxypropyl cellulose market in Asia Pacific.
Moreover high industrial investment and increasing disposable income of people
in the region has led to high growth in several end user industries such as
personal care and pharmaceuticals among others. Therefore, Asia Pacific is
anticipated to be the fastest growing region for hydroxypropyl cellulose market
for a foreseeable future. Demand from developing economies in South America and
Africa are anticipated to offer huge growth opportunity for hydroxypropyl
cellulose market.
Hydroxypropyl cellulose
market is highly concentrated and dominated by few global players that
constitute major portion of the global market share. The market is
characterized by high degree of competition and major players compete on price
differentiation. Moreover, different grade of hydroxypropyl cellulose is
employed for different end user industry therefore; there is high degree of
customization required for market growth. Major players in the
hydroxypropyl cellulose market include The Dow Chemicals Company, Shin Etsu Chemical
Co. Ltd, Ashland Speciality Chemicals, Changsha Goomoo Chemical Technology Co.,
Ltd, Alfa Aesar, Barrington Nutritionals and E.T. Horn Company among others.
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.
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