Global Hydroxypropyl Methylcellulose Market Size & Outlook

The hydroxypropyl methylcellulose industry worldwide is expected to reach a projected revenue of US$ 2,847.2 million by 2030. A compound annual growth rate of 4.8% is expected of the worldwide hydroxypropyl methylcellulose industry from 2022 to 2030.
Revenue, 2021 (US$M)
$1,870.8
Forecast, 2030 (US$M)
$2,847.2
CAGR, 2022 - 2030
4.8%
Report Coverage
Worldwide

Global hydroxypropyl methylcellulose market highlights

  • The global hydroxypropyl methylcellulose market generated a revenue of USD 1,870.8 million in 2021 and is expected to reach USD 2,847.2 million by 2030.
  • The market is expected to grow at a CAGR (2022 - 2030) of 4.8% by 2030.
  • In terms of segment, construction accounted for a revenue of USD 827.2 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, Canada is expected to register the highest CAGR from 2022 to 2030.

Global data book summary

Market revenue in 2021USD 1,870.8 million
Market revenue in 2030USD 2,847.2 million
Growth rate4.8% (CAGR from 2021 to 2030)
Largest segmentConstruction
Fastest growing segmentPharmaceuticals
Historical data covered2018 - 2020
Base year for estimation2021
Forecast period covered2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationConstruction, Pharmaceuticals, Food, Personal Care & Cosmetics

Other key industry trends

  • In terms of revenue, the North America accounted for 12.1% of the global hydroxypropyl methylcellulose market in 2021.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, Canada is the fastest growing regional market and is projected to reach USD 24.3 million by 2030.

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Hydroxypropyl Methylcellulose Market Companies

Name Profile # Employees HQ Website

Global hydroxypropyl methylcellulose 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 methylcellulose market will help companies and investors design strategic landscapes.


Construction was the largest segment with a revenue share of 44.22% in 2021. Horizon Databook has segmented the Global hydroxypropyl methylcellulose market based on construction, pharmaceuticals, food, personal care & cosmetics covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Hydroxypropyl Methylcellulose Application Outlook (Revenue, USD Million, 2018-2030)
    • Construction
      • Cement Mortar
      • Plasters
      • Refractory Materials
      • Paints
      • Gypsum Concrete Slurry
      • Fiber Wall
      • Others
    • Pharmaceuticals
    • Food
    • Personal Care & Cosmetics
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global hydroxypropyl methylcellulose market , including forecasts for subscribers. This global databook contains high-level insights into Global hydroxypropyl methylcellulose market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global hydroxypropyl methylcellulose market size, by regions, 2018-2030 (US$M)

Top 10 countries: Hydroxypropyl methylcellulose market size, 2021 (US$M)

Global hydroxypropyl methylcellulose market share, by application, 2021 & 2030 (%, US$M)

Hydroxypropyl methylcellulose market: Opportunity assessment by country

Global hydroxypropyl methylcellulose market, by region, 2021 (US$M)

Global hydroxypropyl methylcellulose market size, by regions, 2018-2030 (US$M)

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