Hydroxypropyl cellulose, or HPC is a derivative of cellulose with both water solubility and organic solubility. HPC is used as a thickener, a low level binder and as an emulsion stabilizer in pharmaceuticals. Hydroxypropyl cellulose is used as a dispersing agent for suspension polymerizatio. It is also used as a thickener in adhesives, inks, paint and coatings. Hydroxypropyl cellulose has been taken as an additive, which retard the setting of cement. In the food industry, hydroxypropyl cellulose can be added to fruit syrup and ice to make the taste better. The analysts forecast the global hydroxypropyl cellulose market to exhibit a CAGR of 5.9% during the period 2019-2024. The report covers the present scenario and the growth prospects of the global hydroxypropyl cellulose for 2019-2024. To calculate the market size, the report considers the hydroxypropyl cellulose sales volume and revenue.

The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: regional markets, product, and application.

Geographically, the global hydroxypropyl cellulose market is segmented into North America, Asia Pacific, Europe, Middle East & Africa and South America. This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the market trends in each of the sub-segments from 2019 to 2024.

  • North America (U.S., Canada, Mexico, etc.)
  • Asia-Pacific (China, Japan, India, Korea, Australia, Indonesia, Taiwan, Thailand, etc.)
  • Europe (Germany, UK, France, Italy, Russia, Spain, etc.)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, Egypt, Nigeria, UAE, Israel, South Africa, etc.)
  • South America (Brazil, Argentina, Colombia, Chile, Venezuela, Peru, etc.)



On the basis of product, the global hydroxypropyl cellulose market is segmented into:

  • Low Substituted Hydroxypropyl Cellulose
  • High Substituted Hydroxypropyl Cellulose



Based on application, the hydroxypropyl cellulose market is segmented into:

  • Pharmaceuticals
  • Food Additives
  • Industrial Additives
  • Paints & Coatings
  • Construction
  • Plastics



The report also includes a discussion of the key vendors operating in this market. Some of the leading players in the global hydroxypropyl cellulose market are:

  • Ashland Inc.
  • MIZUDA Group Co., Ltd.
  • Nippon Soda Co., Ltd.
  • Shandong Guangda Technological Development Co., Ltd.
  • Shandong Head Co., Ltd.
  • Shandong Liaocheng Ehua Pharmaceutical Co., Ltd.
  • Shandong Ruitai Chemicals Co. Ltd.
  • Shin-Etsu Chemical Co., Ltd.
  • Wuxi Sanyou Chemical Co., Ltd.
  • Yixing Hongbo Fine Chemical Co., Ltd.
  • Zhejiang Joinway Pharmaceutical Co., Ltd.
  • Zhejiang Kehong Chemical Co., Ltd.
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Objective of the study:

  • To analyze and forecast the market size of global hydroxypropyl cellulose market.
  • To classify and forecast global hydroxypropyl cellulose market based on region, product, and application.
  • To identify drivers and challenges for global hydroxypropyl cellulose market.
  • To examine competitive developments such as expansions, mergers & acquisitions, etc., in global hydroxypropyl cellulose market.
  • To conduct pricing analysis for global hydroxypropyl cellulose market.
  • To identify and analyze the profile of leading players operating in global hydroxypropyl cellulose market.



The report is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities. Key target audience are:

  • Manufacturers of hydroxypropyl cellulose
  • Raw material suppliers
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to hydroxypropyl cellulose



The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with hydroxypropyl cellulose suppliers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports, and proprietary databases.