Methyl Cellulose Research Report- Forecast to 2023
Methyl Cellulose Global Market Analysis by Size,
Share, Growth 2022
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Methyl Cellulose Research Report- Forecast to 2023
1 Summary
Global Methyl Cellulose Market Information- by Derivative (Hydroxyethyl Methyl Cellulose, Hydroxybutyl Methyl Cellulose, and Hydroxypropyl Methyl Cellulose), by Application (Construction Material, Cosmetic & Personal Care, Paints & Coatings, Pharmaceutical, and Others), and Region- Forecast till 2023
Synopsis of Methyl Cellulose Market: Methyl Cellulose belongs to a family of hydrocolloids and a hydrophilic chemical compound obtained from cellulose. It possess various characteristics such as zero toxicity, non-allergic, and non-irritating nature. They are long-chain substituted cellulose and are synthetically manufactured by treating & heating cellulose with caustic solution and methyl chloride. They possess unique properties which make them suitable to be used in numerous application such as paints & coatings, pharmaceutical, construction material, cosmetic & personal care, and others. Some of the other application include lubricants, textile agent. As per our analysis, some of the prominent market factors and trends identified in the Global Methyl Cellulose are rising awareness, increasing number of working professionals, and growing construction sector. Furthermore, the rising importance of grooming among adults as well as teenagers is expected to propel the growth of the market. New product innovation and increasing popularity of various types of celebrity cosmetic items are predicted to fuel the demand for Methyl Cellulose in upcoming years. Moreover, increasing usage of Methyl Cellulose in the production of cosmetics & personal care products along with rising demand for personal care products such as shampoo, lotion, and cream is estimated to boost the growth of the market. On the plus side, huge investment in building & construction sector in developed as well as emerging nations are estimated to raise the growth of the market. Additionally, it is used as a sizing agent or binder in paper and textile industry. Thus, considering the fostering growth of textile industry worldwide is expected to offer lucrative growth opportunities for Global Methyl Cellulose Market.
Regional Analysis: The Global Methyl Cellulose Market is segmented into five regions namely– Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. Among these, Asia Pacific is expected to grow at the highest CAGR during the forecast period due to rising demand from end use application such as paints & coatings and construction material among others. The demand for Methyl Cellulose is estimated to surge in developing countries of Asia Pacific such as India, China, Vietnam, and Bangladesh on account of increasing industrial as well as residential construction sector. Moreover, ease of availability of raw material, growing purchasing power, soberly stringent regulatory framework, inexpensive labor cost, and improving development strategies to fulfil the demand for Methyl Cellulose in the growing applications are the important factors for the regional market growth.
Asia Pacific emerged as the largest market followed by North America and Europe. North America is predicted to witness a significant growth in Methyl Cellulose Market owing to the recovery of industrial sector coupled with escalating investments to revitalize paints & coating industry. North American countries such as U.S and Canada are among the major contributors in the regional market growth and
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Methyl Cellulose Research Report- Forecast to 2023 are estimated to see a significant regional market growth in the near future due to strong presence of manufacturers and end use industries. The U.S. accounted for the largest market share in terms of value and is predicted to grow with a moderate CAGR owing to growth in cosmetic & personal care.
2 Segmentation: The Global Methyl Cellulose Market is segmented on the basis of derivative, application, and region. On the basis of derivative, the market is categorized into hydroxyethyl methyl cellulose, hydroxybutyl methyl cellulose, and hydroxypropyl methyl cellulose. On the basis of application, the market is classified into construction material, cosmetic & personal care, paints & coatings, pharmaceutical, and others. On the basis of region, the market is segmented into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.
Key Players Analysis:
Ashland Sigma-Aldrich Co. LLC The Dow Chemical Company Zhejiang Kehong Chemical Co. Ltd LOTTE Fine Chemical Shin-Etsu Chemical Co., Ltd Reliance Cellulose Products Ltd. Zhejiang Kehong Chemical Co. Ltd
Geographical Analysis: The report covers brief analysis of geographical regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Intended Audience
Methyl Cellulose Manufacturers Traders and Distributors of Methyl Cellulose Production Process Industries Potential Investors Raw Material Suppliers Nationalized Laboratory
Industry/ Innovation/ Related News: March 17, 2014- Essential Ingredients, Inc. and SE Tylose USA entered into an agreement to market and sell the product of SE Tylose USA called Tylose® line of cellulose ethers. The product is extensively used in personal care segment. This development helped SE Tylose USA to increase its consumer base in USA, wherein the demand for cellulose based product is rapidly increasing from pharmaceuticals and personal care industry.
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Methyl Cellulose Research Report- Forecast to 2023 MAJOR CHAPTERS FROM TABLE OF CONTENTS: FIGURE 1 Global Methyl Cellulose Market Segmentation FIGURE 2 Forecast Methodology FIGURE 3 Five Forces Analysis Of Global Methyl Cellulose Market FIGURE 4 Value Chain Of Global Methyl Cellulose Market FIGURE 5 Share Of Global Methyl Cellulose Market In 2016, By Country (In %) FIGURE 6 Global Methyl Cellulose Market, 2016-2023, FIGURE 7 Sub Segments Of Derivative FIGURE 8 Global Methyl Cellulose Market Size By Derivative, 2016 FIGURE 9 Share Of Global Methyl Cellulose Market By Derivative, 2016 To 2023 FIGURE 10 Sub Segments Of Application FIGURE 11 Global Methyl Cellulose Market Size By Application, 2016 FIGURE 12 Share Of Global Methyl Cellulose Market By Application, 2016 To 2023
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Copyright © 2018 Market Research Future.
Methyl Cellulose Research Report- Forecast to 2023
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Copyright Š 2018 Market Research Future.
Methyl Cellulose Research Report- Forecast to 2023
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Copyright Š 2018 Market Research Future.