Global Hydroxyethyl Cellulose Market Size & Outlook

The hydroxyethyl cellulose industry worldwide is expected to reach a projected revenue of US$ 1,209.1 million by 2030. A compound annual growth rate of 4.5% is expected of the worldwide hydroxyethyl cellulose industry from 2022 to 2030.
Revenue, 2021 (US$M)
$813.9
Forecast, 2030 (US$M)
$1,209.1
CAGR, 2022 - 2030
4.5%
Report Coverage
Worldwide

Global hydroxyethyl cellulose market highlights

  • The global hydroxyethyl cellulose market generated a revenue of USD 813.9 million in 2021 and is expected to reach USD 1,209.1 million by 2030.
  • The market is expected to grow at a CAGR (2022 - 2030) of 4.5% by 2030.
  • In terms of segment, water borne paints & coatings accounted for a revenue of USD 207.2 million in 2021.
  • Pharmaceuticals is the most lucrative application segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2021.
  • Country-wise, UK is expected to register the highest CAGR from 2022 to 2030.

Global data book summary

Market revenue in 2021USD 813.9 million
Market revenue in 2030USD 1,209.1 million
Growth rate4.5% (CAGR from 2021 to 2030)
Largest segmentWater borne paints & coatings
Fastest growing segmentPharmaceuticals
Historical data covered2018 - 2020
Base year for estimation2021
Forecast period covered2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBuilding Materials, Water Borne Paints & Coatings, Oil Fields, Personal Care & Cosmetics, Pharmaceuticals, Textiles, Food, Paper & Printing Inks

Other key industry trends

  • In terms of revenue, the North America accounted for 10.6% of the global hydroxyethyl cellulose market in 2021.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, UK is the fastest growing regional market and is projected to reach USD 16.6 million by 2030.

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Hydroxyethyl Cellulose Market Companies

Name Profile # Employees HQ Website

Global hydroxyethyl cellulose market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hydroxyethyl cellulose market will help companies and investors design strategic landscapes.


Water borne paints & coatings was the largest segment with a revenue share of 25.46% in 2021. Horizon Databook has segmented the Global hydroxyethyl cellulose market based on building materials, water borne paints & coatings, oil fields, personal care & cosmetics, pharmaceuticals, textiles, food, paper & printing inks covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Hydroxyethyl Cellulose Application Outlook (Revenue, USD Million, 2018-2030)
    • Building Materials
    • Water Borne Paints & Coatings
    • Oil Fields
    • Personal Care & Cosmetics
    • Pharmaceuticals
    • Textiles
    • Food
    • Paper & Printing Inks
    • Others

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Target buyers of Global hydroxyethyl cellulose market databook

  • Our clientele includes a mix of hydroxyethyl cellulose market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global hydroxyethyl cellulose market , including forecasts for subscribers. This global databook contains high-level insights into Global hydroxyethyl cellulose market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global hydroxyethyl cellulose market size, by regions, 2018-2030 (US$M)

Top 10 countries: Hydroxyethyl cellulose market size, 2021 (US$M)

Global hydroxyethyl cellulose market share, by application, 2021 & 2030 (%, US$M)

Hydroxyethyl cellulose market: Opportunity assessment by country

Global hydroxyethyl cellulose market, by region, 2021 (US$M)

Global hydroxyethyl cellulose market size, by regions, 2018-2030 (US$M)

Application 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 CAGR
North America 56.3 60.2 61.2 86.2 87.9 89.9 92.1 94.4 97.1 99.9 103.0 106.4 110.2 2.8%
Europe 101.1 107.6 109.1 153.2 155.4 158.0 160.8 164.0 167.6 171.4 175.6 180.2 185.2 2.1%
Asia Pacific 258.2 284.7 300.8 444.4 465.7 489.4 515.2 543.4 574.2 607.8 644.6 684.9 729.0 5.7%
Latin America 33.2 35.8 37.0 53.3 54.8 56.5 58.3 60.4 62.6 65.0 67.7 70.6 73.7 3.7%
MEA 47.0 51.0 53.0 76.8 79.3 82.1 85.2 88.6 92.3 96.4 100.8 105.7 110.9 4.2%
Overall 495.9 539.2 561.1 814.0 843.0 875.8 911.6 950.8 993.7 1,040.5 1,091.7 1,147.8 1,209.0 4.5%

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