A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Hydroxypropyl
Cellulose
market. The study,
titled “Hydroxypropyl
Cellulose Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast, 2014 - 2020”,
is available for sale on the firm’s website.
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.
Request
Sample pages of Research Report:
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2484
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.
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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
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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