Chemicals Industry Today
Methyl Celluloses 2018 Market Size, Share and Top Key Players Stratetegies 2023 : The Dow Chemical Company, Sigma-Aldrich Co, Zhejiang Kehong Chemical Co, Sigma-Aldrich Co. LLC, LOTTE Fine Chemical , Shin-Etsu Chemical Co, Reliance Cellulose Products, Zhe
Methyl Cellulose Industry report offers a comprehensive insight into the development policies and plans in addition to manufacturing processes and cost structures. On the basis of product, this report displays the Cost Structure, Sales Revenue, Sales Volume, Gross Margin, market share and growth rate.
Published 13 July 2018
Methyl Cellulose Market Introduction : The global methyl cellulose market is categorized into five regions based on geography, namely–North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. Among the above-mentioned regions, Asia Pacific accounted for around 37% market share in 2016 and is predicted to retain its dominance over the assessment period on account of increasing demand in pharmaceutical and food sector. Expansion of cosmetic & personal care industry in countries such as South Korea, India, Thailand, Malaysia, Vietnam, and China and increased investment for the expansion of end use industries such as automotive and construction.
Additionally, rising disposable income coupled with growing population has resulted in an increasing demand for cosmetic products including shampoos, lotion & cream, and other skin care products in countries such as Malaysia, the Philippines, Vietnam, Thailand, China, and India is expected to boost the demand for methyl cellulose. Furthermore, increase in investments made by major companies in the pharmaceutical sector, the shift of manufacturing facilities to emerging economies, and robust industrial base, are additional factors contributing to the growth of the methyl cellulose market in the Asia Pacific region.
TOP KEY PLAYERS ANALYSIS:
Methyl Cellulose Market Regional Analysis:
Asia Pacific is estimated to be the largest market for methyl cellulose market followed by North America and Europe on account of rising demand from cosmetic & personal care, paint & coatings, and construction sector. Emerging economies such as India, China, Malaysia, and Vietnam are the fastest growing market for methyl cellulose, and is estimated to grow with the same pace in the near future. North America methyl cellulose market is estimated to witness a steady growth with Canada and U.S. being major contributor due to robust manufacturing base of pharmaceutical and textile industries. Europe is expected to witness a substantial growth over the assessment period owing to technological advancement and increasing R&D spending by major players in the methyl cellulose market.
Market Segmentation-
The global methyl cellulose market is divided into derivative, application, and region. On the basis of derivative, the market is segmented into hydroxyethyl methyl cellulose, hydroxybutyl methyl cellulose, and hydroxypropyl methyl cellulose. Among these, hydroxypropyl methyl cellulose is expected to grow with the highest CAGR on account of its wide utilization in cosmetics & personal care products. Moreover, it provides better viscosity and colloid stabilization in various types of lotions and creams. It can be highly consumed as a stabilizer on account of its relatively high surface activity. Furthermore, these are used to thicken and stabilize shampoos, shower gels, and liquid soaps and a wide variety of skin care products. On the basis of application, the market is segmented into construction material, cosmetic & personal care, paints & coatings, pharmaceutical, and others. As of 2016, construction material was predicted to hold the largest share in application segment and is predicted to continue its dominance over the assessment period on account of rising construction activities across the globe. Furthermore, methyl cellulose protects the fibers from absorbing water and oil and thus find extensive use in paper and textile market as a sizing substance.
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
Additionally, rising disposable income coupled with growing population has resulted in an increasing demand for cosmetic products including shampoos, lotion & cream, and other skin care products in countries such as Malaysia, the Philippines, Vietnam, Thailand, China, and India is expected to boost the demand for methyl cellulose. Furthermore, increase in investments made by major companies in the pharmaceutical sector, the shift of manufacturing facilities to emerging economies, and robust industrial base, are additional factors contributing to the growth of the methyl cellulose market in the Asia Pacific region.
TOP KEY PLAYERS ANALYSIS:
- Dow Chemical Company (U.S.)
- Ashland (U.S.)
- Sigma-Aldrich Co. LLC. (U.S.)
- Zhejiang Kehong Chemical Co. Ltd (China)
- BASF SE (Germany)
- LOTTE Fine Chemical (South Korea)
- Shin-Etsu Chemical Co
- Ltd (Japan),
- Reliance Cellulose Products Ltd. (India)
Methyl Cellulose Market Regional Analysis:
Asia Pacific is estimated to be the largest market for methyl cellulose market followed by North America and Europe on account of rising demand from cosmetic & personal care, paint & coatings, and construction sector. Emerging economies such as India, China, Malaysia, and Vietnam are the fastest growing market for methyl cellulose, and is estimated to grow with the same pace in the near future. North America methyl cellulose market is estimated to witness a steady growth with Canada and U.S. being major contributor due to robust manufacturing base of pharmaceutical and textile industries. Europe is expected to witness a substantial growth over the assessment period owing to technological advancement and increasing R&D spending by major players in the methyl cellulose market.
Market Segmentation-
The global methyl cellulose market is divided into derivative, application, and region. On the basis of derivative, the market is segmented into hydroxyethyl methyl cellulose, hydroxybutyl methyl cellulose, and hydroxypropyl methyl cellulose. Among these, hydroxypropyl methyl cellulose is expected to grow with the highest CAGR on account of its wide utilization in cosmetics & personal care products. Moreover, it provides better viscosity and colloid stabilization in various types of lotions and creams. It can be highly consumed as a stabilizer on account of its relatively high surface activity. Furthermore, these are used to thicken and stabilize shampoos, shower gels, and liquid soaps and a wide variety of skin care products. On the basis of application, the market is segmented into construction material, cosmetic & personal care, paints & coatings, pharmaceutical, and others. As of 2016, construction material was predicted to hold the largest share in application segment and is predicted to continue its dominance over the assessment period on account of rising construction activities across the globe. Furthermore, methyl cellulose protects the fibers from absorbing water and oil and thus find extensive use in paper and textile market as a sizing substance.
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
Table Of Contents:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
LIST OF FIGURES:
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
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