Latin America Hydroxypropyl Methylcellulose Market Size & Outlook
Latin America hydroxypropyl methylcellulose market, 2018-2030 (US$M)
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Latin America hydroxypropyl methylcellulose market highlights
- The Latin America hydroxypropyl methylcellulose market generated a revenue of USD 134.4 million in 2021.
- The market is expected to grow at a CAGR of 4.6% 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, Brazil is expected to register the highest CAGR from 2022 to 2030.
Latin America data book summary
| Market revenue in 2021 | USD 134.4 million |
| Market revenue in 2030 | USD 202.3 million |
| Growth rate | 4.6% (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 |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.2% 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 Scope
Hydroxypropyl Methylcellulose Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America 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 41.96% in 2021. Horizon Databook has segmented the Latin America hydroxypropyl methylcellulose market based on construction, pharmaceuticals, food, personal care & cosmetics 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.
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Target buyers of Latin America hydroxypropyl methylcellulose market databook
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Our clientele includes a mix of hydroxypropyl methylcellulose market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America hydroxypropyl methylcellulose market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America hydroxypropyl methylcellulose market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America hydroxypropyl methylcellulose market size, by country, 2018-2030 (US$M)
Latin America Hydroxypropyl Methylcellulose Market Outlook Share, 2021 & 2030 (US$M)
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