Hydroxypropyl Methylcellulose Market Expanding With $6.25 Billion at 6.7% CAGR by 2029
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The Business Research Company’s Hydroxypropyl Methylcellulose Global Market Report 2025 – Market Size, Trends, And Forecast 2025-2034
LONDON, GREATER LONDON, UNITED KINGDOM, November 20, 2025 /EINPresswire.com/ -- What Is The Forecast For The Hydroxypropyl Methylcellulose Market From 2024 To 2029?
The market scale of hydroxypropyl methylcellulose has demonstrated consistent growth in the past few years. The forecast indicates an expansion from $4.61 billion in 2024 to $4.82 billion by 2025, following a compound annual growth rate (CAGR) of 4.6%. Factors contributing towards this growth during the previous period include an upsurge in its usage within the pharmaceutical sector, an increase in food and beverage manufacturing, a rise in cosmetic products, an escalating demand for hydrophilic polymers, its utilization in the textile industry, and the preference for water-based adhesives.
In the next several years, the hydroxypropyl methylcellulose market size is anticipated to experience significant growth, with its value predicted to reach $6.25 billion in 2029, reflecting a compound annual growth rate (CAGR) of 6.7%. The growth during the projected period can be credited to an increased emphasis on environmentally friendly building materials, expansion of the ready-to-eat food market, rising demand for low-fat foods, advances in tissue engineering research, and the flourishing market for waterborne paint and coatings. Major trends during this period will encompass innovation in hydrogels and biomaterials, bespoke HPMC grades, progress in drug delivery systems, biodegradable packaging solutions, and an enhanced focus on quality control and purity standards.
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What Are The Core Growth Drivers Shaping The Future Of The Hydroxypropyl Methylcellulose Market?
The hydroxypropyl methylcellulose market is projected to expand due to the expected increase in pharmaceutical sector spending. The pharmaceutical field, which involves the research, creation, and production of health-enhancing drugs, utilizes hydroxypropyl methylcellulose. This substance is used in the industry to manage dryness and irritation caused by reduced tear production, and it also aids in preventing eye damage. For example, the European Federation of Pharmaceutical Industries and Associations (EFPIA), a body representing the pharmaceutical trade in Europe, reported that in June 2023, the total European pharmaceutical production reached $384,200 million (€340,000 million) in 2022. This was an approximately 4.95% increase compared to the $366,267 million (€323,950 million) production in 2021. As such, the anticipated increase in pharmaceutical industry spending is propelling the growth of the hydroxypropyl methylcellulose market.
Which Companies Are Currently Leading In The Hydroxypropyl Methylcellulose Market?
Major players in the Hydroxypropyl Methylcellulose include:
• Celotech Chemical Co Ltd.
• Zhejiang Kelain New Materials Co Ltd.
• Shin-Etsu Chemical Co Ltd
• Ashland Global Specialty Chemicals Inc
• DuPont de Nemours Inc
• Colorcon Inc
• Lotte Fine Chemical Co Ltd
• Shandong Head Co Ltd
• Shijiazhuang Shangdun Cellulose Co Ltd
• Fenchem Biotek Ltd
What Are The Main Trends, Positively Impacting The Growth Of Hydroxypropyl Methylcellulose Market?
Leading corporations in the hydroxypropyl methylcellulose industry are concentrating on the creation of novel products like PEARLITOL CR-H, in order to gain a competitive advantage in the marketplace. PEARLITOL CR-H, a proprietary combination of mannitol and hydroxypropyl methylcellulose (HPMC), is specifically formulated for controlled release medication. Roquette, a French food business, for instance, released PEARLITOL CR-H in November 2022. PEARLITOL CR-H is applicable for direct compression techniques and has distinct excipient functionalities ideal for tablet fabrication. Additionally, PEARLITOL CR-H is resistant to alcohol and pancreatin. Other functional attributes such as improved flowability, brought about by the co-processed mannitol and HPMC, boost the tablet's processability for PEARLITOL CR-H.
Comparative Analysis Of Leading Hydroxypropyl Methylcellulose Market Segments
The hydroxypropyl methylcellulosemarket covered in this report is segmented –
1) By Product Types: Pharmaceutical Grade, Industrial Grade
2) By Sales Channel: Direct Sale, Indirect Sale
3) By End Use: Construction, Pharmaceuticals (Including Cosmetics), Food Industry, Others End Uses
Subsegments:
1) By Pharmaceutical Grade: HPMC E5, HPMC E15, HPMC E50
2) By Industrial Grade: Construction Grade, Food Grade, Cosmetic Grade
View the full hydroxypropyl methylcellulose market report:
https://www.thebusinessresearchcompany.com/report/hydroxypropyl-methylcellulose-global-market-report
Which Regions Are Dominating The Hydroxypropyl Methylcellulose Market Landscape?
In 2024, the hydroxypropyl methylcellulose market was dominated by Asia-Pacific, and it is further projected to be the most rapidly expanding region within the forecasted period. The market report includes regions like Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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