Asia Pacific Hydroxypropyl Cellulose Market Size & Outlook
Asia Pacific hydroxypropyl cellulose market, 2018-2030 (US$M)
Related Markets
Asia Pacific hydroxypropyl cellulose market highlights
- The Asia Pacific hydroxypropyl cellulose market generated a revenue of USD 444.4 million in 2021.
- The market is expected to grow at a CAGR of 5.7% from 2022 to 2030.
- In terms of segment, water borne paints & coatings was the largest revenue generating application in 2021.
- Pharmaceuticals is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2022 to 2030.
Asia Pacific data book summary
| Market revenue in 2021 | USD 444.4 million |
| Market revenue in 2030 | USD 729.0 million |
| Growth rate | 5.7% (CAGR from 2021 to 2030) |
| Largest segment | Water borne paints & coatings |
| Fastest growing segment | Pharmaceuticals |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Building Materials, Water Borne Paints & Coatings, Oil Fields, Personal Care & Cosmetics, Pharmaceuticals, Textiles, Food, Paper & Printing Inks |
| Key market players worldwide | Akzo Nobel NV, CP Kelco, Daicel Corp, Dow Inc, Lamberti, Shin-Etsu Chemical Co Ltd, Air Liquide SA, Ashland Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 54.6% of the global hydroxypropyl cellulose market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 729.0 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Hydroxypropyl Cellulose Market Scope
Hydroxypropyl Cellulose Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific hydroxypropyl 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 hydroxypropyl cellulose market will help companies and investors design strategic landscapes.
Water borne paints & coatings was the largest segment with a revenue share of 25.92% in 2021. Horizon Databook has segmented the Asia Pacific hydroxypropyl 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.
The increasing use of HPMC in the construction industry of Asia Pacific is fuelling the growth of HPMC market in the region. According to the European Federation of Chemical Engineering (EFCE), China and India accounted for a major share of the growth in the global construction industry in 2020.
According to international trade centre (ITC), China accounted for a share of 26.1% while India accounted for a share of 14.1% of this growth in 2020. Increasing efforts by the Government of India, including the Pradhan Mantri Awas Yojna, have led to a surge in infrastructure development and construction projects in the country.
According to the American Coatings Association, the construction industry of China was valued at USD 3.91 trillion in 2019. The demographics in the country are expected to continue driving the expansion of residential buildings.
Reasons to subscribe to Asia Pacific hydroxypropyl cellulose market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific hydroxypropyl cellulose market databook
-
Our clientele includes a mix of hydroxypropyl 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.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific hydroxypropyl cellulose market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific hydroxypropyl cellulose market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific hydroxypropyl cellulose market size, by country, 2018-2030 (US$M)
Asia Pacific Hydroxypropyl Cellulose Market Outlook Share, 2021 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
