Europe Hydroxypropyl Cellulose Market Size & Outlook
Europe hydroxypropyl cellulose market, 2018-2030 (US$M)
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Europe hydroxypropyl cellulose market highlights
- The Europe hydroxypropyl cellulose market generated a revenue of USD 153.2 million in 2021.
- The market is expected to grow at a CAGR of 2.1% 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, Spain is expected to register the highest CAGR from 2022 to 2030.
Europe data book summary
| Market revenue in 2021 | USD 153.2 million |
| Market revenue in 2030 | USD 185.2 million |
| Growth rate | 2.1% (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, Europe region accounted for 18.8% 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.
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Hydroxypropyl Cellulose Market Scope
Hydroxypropyl Cellulose Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 25.07% in 2021. Horizon Databook has segmented the Europe 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.
Germany, the UK, France, Turkey, and Russia emerged as the key economies in the European market. The personal care industry is growing rapidly in the region, driven by high demand for men’s personal care and sun protection products.
The increasing requirement for various personal care & cosmetics products in Europe has triggered production, which has further contributed to the product demand. Increased penetration of cosmetics producers in the region has led to the demand for customized hair care formulations, skincare creams, lotions, and makeup products.
According to the annual report by L’Oréal Paris, in 2019, the cosmetics market gained 5.5% in terms of revenue while the skincare segment grabbed approximately 40% market share, followed by the makeup segment at 18%.
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Our clientele includes a mix of hydroxypropyl cellulose market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe hydroxypropyl cellulose market , including forecasts for subscribers. This continent databook contains high-level insights into Europe hydroxypropyl cellulose market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe hydroxypropyl cellulose market size, by country, 2018-2030 (US$M)
Europe Hydroxypropyl Cellulose Market Outlook Share, 2021 & 2030 (US$M)
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