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Hydroxypropyl Methyl Cellulose (HPMC) Market, Global Outlook and Forecast 2023-2032

HPMC is short for hydroxypropyl methylcellulose, which is a semisynthetic, inert, viscoelastic polymer used as an ophthalmic lubricant, as well as an excipient and controlled-delivery component in oral medicaments, found in a variety of commercial products.


This report aims to provide a comprehensive presentation of the global market for Hydroxypropyl Methyl Cellulose (HPMC), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hydroxypropyl Methyl Cellulose (HPMC). This report contains market size and forecasts of Hydroxypropyl Methyl Cellulose (HPMC) in global, including the following market information:



  • Global Hydroxypropyl Methyl Cellulose (HPMC) Market Revenue, 2018-2023, 2024-2032, ($ millions)

  • Global Hydroxypropyl Methyl Cellulose (HPMC) Market Sales, 2018-2023, 2024-2032, (K MT)


Global top five Hydroxypropyl Methyl Cellulose (HPMC) companies in 2022 (%)

The global Hydroxypropyl Methyl Cellulose (HPMC) market was valued at US$ 1206.5 million in 2022 and is projected to reach US$ 1512.6 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The HPMC is mainly used for construction, coatings, personal care and pharmaceutical, etc. And about 60% of the product is consumed in construction industry.

The Ashland Inc., the Dow Chemical and the Shin Etsu Company are the leading manufacturers of HPMC in the world, with about 52% market shares.

We has surveyed the Hydroxypropyl Methyl Cellulose (HPMC) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Hydroxypropyl Methyl Cellulose (HPMC) Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K MT)

Global Hydroxypropyl Methyl Cellulose (HPMC) Market Segment Percentages, by Type, 2022 (%)


  • Industrial Grade HPMC

  • Pharmaceutical Grade HPMC

  • Food Grade HPMC

Global Hydroxypropyl Methyl Cellulose (HPMC) Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K MT)

Global Hydroxypropyl Methyl Cellulose (HPMC) Market Segment Percentages, by Application, 2022 (%)


  • Industrial

  • Pharmaceutical

  • Food

  • Others

Global Hydroxypropyl Methyl Cellulose (HPMC) Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K MT)

Global Hydroxypropyl Methyl Cellulose (HPMC) Market Segment Percentages, By Region and Country, 2022 (%)


  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis


  • The report also provides analysis of leading market participants including:

  • Key companies Hydroxypropyl Methyl Cellulose (HPMC) revenues in global market, 2018-2023 (Estimated), ($ millions)

  • Key companies Hydroxypropyl Methyl Cellulose (HPMC) revenues share in global market, 2022 (%)

  • Key companies Hydroxypropyl Methyl Cellulose (HPMC) sales in global market, 2018-2023 (Estimated), (K MT)

  • Key companies Hydroxypropyl Methyl Cellulose (HPMC) sales share in global market, 2022 (%)

Key players include:


  • Dow Chemical

  • Ashland

  • SE Tylose (Shin-Etsu)

  • Kingstone Chemical China

  • Lotte Fine Chemicals

  • Zhejiang Kehong Chemical

  • Shijiazhuang Shangdun Cellulose

  • Hercules Tianpu Chemical

  • Fenchem

  • Harke Group

  • China RuiTai International Holdings

  • Shandong Head


Outline of Major Chapters:

Chapter 1: Introduces the definition of Hydroxypropyl Methyl Cellulose (HPMC), market overview.

Chapter 2: Global Hydroxypropyl Methyl Cellulose (HPMC) market size in revenue and volume.

Chapter 3: Detailed analysis of Hydroxypropyl Methyl Cellulose (HPMC) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Hydroxypropyl Methyl Cellulose (HPMC) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Hydroxypropyl Methyl Cellulose (HPMC) capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.


Table of content

1 Introduction to Research & Analysis Reports 1.1 Hydroxypropyl Methyl Cellulose (HPMC) Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Hydroxypropyl Methyl Cellulose (HPMC) Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Hydroxypropyl Methyl Cellulose (HPMC) Overall Market Size 2.1 Global Hydroxypropyl Methyl Cellulose (HPMC) Market Size: 2022 VS 2032 2.2 Global Hydroxypropyl Methyl Cellulose (HPMC) Revenue, Prospects & Forecasts: 2018-2032 2.3 Global Hydroxypropyl Methyl Cellulose (HPMC) Sales: 2018-2032 3 Company Landscape 3.1 Top Hydroxypropyl Methyl Cellulose (HPMC) Players in Global Market 3.2 Top Global Hydroxypropyl Methyl Cellulose (HPMC) Companies Ranked by Revenue 3.3 Global Hydroxypropyl Methyl Cellulose (HPMC) Revenue by Companies 3.4 Global Hydroxypropyl Methyl Cellulose (HPMC) Sales by Companies 3.5 Global Hydroxypropyl Methyl Cellulose (HPMC) Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Hydroxypropyl Methyl Cellulose (HPMC) Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Hydroxypropyl Methyl Cellulose (HPMC) Product Type 3.8 Tier 1, Tier 2 and Tier 3 Hydroxypropyl Methyl Cellulose (HPMC) Pl

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