Market revenue in 2021 | USD 53.3 million |
Market revenue in 2030 | USD 73.7 million |
Growth rate | 3.7% (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 |
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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 25.89% in 2021. Horizon Databook has segmented the Latin America 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 Central & South American market is witnessing high demand for HPMC owing to rapid industrialization and growth of the end-use industries in developing economies. Countries such as Brazil and Argentina are witnessing high demand for HPMC due to increased product demand from the pharmaceutical, food & beverages, personal care, industrial, and construction sectors.
The region offers significant market opportunities due to stable economic growth and developed market. Brazil emerged as one of the largest markets for HPMC in terms of product penetration in the food & beverages and construction sectors.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America hydroxypropyl cellulose market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America hydroxypropyl cellulose market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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