Market revenue in 2021 | USD 338.6 million |
Market revenue in 2030 | USD 470.7 million |
Growth rate | 3.7% (CAGR from 2021 to 2030) |
Largest segment | Construction |
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 | Construction, Pharmaceuticals, Food, Personal Care & Cosmetics |
Key market players worldwide | Ashland Inc, Shin-Etsu Chemical Co Ltd, DuPont de Nemours Inc, CP Kelco, Chemcolloids, Zhejiang Haishen New Materials, Hebei Yibang Building Materials |
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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 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%.
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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