Europe Hydroxypropyl Methylcellulose Market Size & Outlook

The hydroxypropyl methylcellulose market in Europe is expected to reach a projected revenue of US$ 470.7 million by 2030. A compound annual growth rate of 3.7% is expected of Europe hydroxypropyl methylcellulose market from 2022 to 2030.
Revenue, 2021 (US$M)
$338.6
Forecast, 2030 (US$M)
$470.7
CAGR, 2022 - 2030
3.7%
Report Coverage
Europe

Europe hydroxypropyl methylcellulose market highlights

  • The Europe hydroxypropyl methylcellulose market generated a revenue of USD 338.6 million in 2021.
  • The market is expected to grow at a CAGR of 3.7% from 2022 to 2030.
  • In terms of segment, construction 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, UK is expected to register the highest CAGR from 2022 to 2030.


Europe data book summary

Market revenue in 2021USD 338.6 million
Market revenue in 2030USD 470.7 million
Growth rate3.7% (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
Key market players worldwideAshland Inc, Shin-Etsu Chemical Co Ltd, DuPont de Nemours Inc, CP Kelco, Chemcolloids, Zhejiang Haishen New Materials, Hebei Yibang Building Materials


Other key industry trends

  • In terms of revenue, Europe region accounted for 18.1% of the global hydroxypropyl methylcellulose 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 1,540.9 million by 2030.

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Hydroxypropyl Methylcellulose Market Companies

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Europe 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 41.88% in 2021. Horizon Databook has segmented the Europe hydroxypropyl methylcellulose market based on construction, pharmaceuticals, food, personal care & cosmetics 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe hydroxypropyl methylcellulose market , including forecasts for subscribers. This continent databook contains high-level insights into Europe hydroxypropyl methylcellulose market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe hydroxypropyl methylcellulose market size, by country, 2018-2030 (US$M)

Europe Hydroxypropyl Methylcellulose Market Outlook Share, 2021 & 2030 (US$M)

Europe hydroxypropyl methylcellulose market size, by country, 2018-2030 (US$M)

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