North America Hydroxypropyl Cellulose Market Size & Outlook
North America hydroxypropyl cellulose market, 2018-2030 (US$M)
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North America hydroxypropyl cellulose market highlights
- The North America hydroxypropyl cellulose market generated a revenue of USD 86.2 million in 2021.
- The market is expected to grow at a CAGR of 2.8% 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, Mexico is expected to register the highest CAGR from 2022 to 2030.
North America data book summary
| Market revenue in 2021 | USD 86.2 million |
| Market revenue in 2030 | USD 110.1 million |
| Growth rate | 2.8% (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, North America region accounted for 10.6% 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.
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Hydroxypropyl Cellulose Market Scope
Hydroxypropyl Cellulose Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 24.94% in 2021. Horizon Databook has segmented the North 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 increased requirement of cement tiles, latex putty, coatings, spray paints, and mortar from the construction industry of North America is driving the growth of HPMC market in the region. With the rising number of residential building development projects across the U.S. and the increasing household development projects in Mexico.
The construction industry of North America has witnessed significant growth over the past few years. Various initiatives undertaken by the governments of these countries to fuel infrastructure developments, along with the flourishing residential building sector, are fuelling the growth of the construction industry in North America.
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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 North America hydroxypropyl cellulose market , including forecasts for subscribers. This continent databook contains high-level insights into North America hydroxypropyl cellulose market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America hydroxypropyl cellulose market size, by country, 2018-2030 (US$M)
North America Hydroxypropyl Cellulose Market Outlook Share, 2021 & 2030 (US$M)
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