A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Hydroxyethyl
Cellulose
market. The study,
titled “Hydroxyethyl
Cellulose Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast, 2014 - 2020”,
is available for sale on the firm’s website.
Hydroxyethyl
cellulose (HEC) is water soluble, nonionic derivative of
cellulose ether. It is synthesized by etherification of alkali
cellulose and ethylene oxide. HEC used as cement extender, binder,
and protective colloid, shape retention enhancer, coating polymer,
lubricity and workability enhancer and suspension & stabilization
agent. End user industries of HEC include building &
construction, adhesives & sealants, oil & gas, paints &
coatings, pharmaceutical, personal care & cosmetics, metal
casting & foundry and paper & pulp industry. High purity HEC
is required for personal care & cosmetics applications.
Growing
demand from personal care & cosmetics industry is expected to
drive the HEC market. It acts as binder, stabilizer, thickener and
dispersing agent in daily personal care and cosmetics products that
increases lubrication, density and improves appearance of them.
Changing lifestyle and rising disposable income is driving personal
care market in developing countries.
Get
Sample Of This Research Report At:
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2485
Demand
for personal care products used in daily routine is driven by growing
population in developed as well as developing countries worldwide. In
addition, growing demand for HEC in paints and coatings industry is
expected to drive the market. HEC provides excellent coating
performance for PVA latex paints with no flocculation.
HEC
has high thickening effect and therefore improves thickness of the
paints that reduces flocculation. Use of HEC in paints enhances
washing resistance and improves cost effectiveness of paint
formulation. New infrastructure investment in emerging economies and
improvement of existing infrastructure in developed countries is
driving the paints and coating industry. Further, HEC demand from oil
well and drilling industry is expected to boost the market growth. It
can be used as cementing agent or thickener or workover fluid in oil
wells. HEC helps in reducing damage to oil well structures by helping
in creating clear solution with low fixed content.
However,
hazardous air pollutants emissions during production and explosion
issues are expected to inhibit the HEC market growth. Development of
new derivatives and new applications of cellulose is expected to
create raw material scarcity for the production of HEC. This scarcity
of raw materials may hamper the market growth. Development of new
applications in pharmaceutical and medicine field is expected to
provide opportunities for the players in this market. Hydrophobic
drugs and capsules made from HEC are easily absorbed by intestinal
walls which makes it ideal ingredient to be used in pharmaceutical
applications. Other new applications include ointment, food, paper
making and polymerization agent that may provide opportunities in the
near future.
Europe
emerged as market for HEC in terms of consumption and production.
However, major players in this market are shifting their production
plants to China due to availability for raw material, expansion of
existing facilities and investments in building new infrastructure.
Growing paints & coatings and personal care industry are expected
to drive the demand for HEC in this region. Europe was followed by
Asia Pacific in terms of production of HEC. The demand from building
& construction industry and oil well drilling industry is
expected to drive HEC market in this region. Rising exploration
activities and improving recovery from existing oil wells in China is
driving the oil well drilling industry.
Browse
The Full Research Report
At:http://www.transparencymarketresearch.com/hydroxyethyl-cellulose-market.html
Improvement
of existing infrastructure and need to enhance hydrocarbon recovery
from existing oil wells is driving oil well drilling industry, which
in turn expected to boost the HEC demand in this region.
HEC
market is highly concentrated with two of the major players
accounting for more than half of the market. Some of key players in
this market include Dow Chemical Company, Ashlan Specialty Chemicals,
Daicel Fine Chem Ltd. and Performance Additive 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
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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Market Research
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