North America Hydroxypropyl Methylcellulose Market Size, Growth, and Forecast 2022-2027

According to IMARC Group's latest research report, titled "North America Hydroxypropyl Methylcellulose (HPMC) Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights into the market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The North America hydroxypropyl methylcellulose market is expected to exhibit a CAGR of 6.8% during 2022-2027.

North America Hydroxypropyl Methylcellulose Market Outlook:

Hydroxypropyl methylcellulose (HPMC), also known as Hypromellose, is an organic compound produced by synthetic alteration of alkali cellulose, which involves treating wood pulp with sodium hydroxide solution. It is a tasteless and odorless powder with a white or slightly off-white color. HPMC has excellent film-forming properties, water retention capability, thickening power and extensive resistance to oils and enzymes.

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North America Hydroxypropyl Methylcellulose (HPMC) Market Growth:

The North America HPMC market is primarily driven by the escalating demand from the construction industry for manufacturing latex putty, mortar, coatings, cement tiles and spray paints. Additionally, the increasing usage of HPMC in pharmaceutical drugs and personal care products is another growth-inducing factor. Furthermore, the market has been influenced by its growing popularity as a preferred vegan alternative to gelatin in the preparation of numerous baking and confectionery products throughout the region. Other factors, including its rapid adoption in making adhesives and rising application as an ophthalmic lubricating agent that helps moisten hard contact lenses, are anticipated to drive the market further.

Key Market Segmentation:

Key Regions Analysed:

• United States
• Canada
• Mexico

Market by End-Use:

• Construction
• Pharmaceuticals (Including Cosmetics)
• Food Industry
• Others

Competitive Landscape:

• Competitive Structure
• Key Player Profiles

Key Highlights of the Report:

• Market Performance 
• Market Outlook
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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