Global Hydroxypropyl Methylcellulose Capsules Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Hydroxypropyl Methylcellulose Capsules Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global hydroxypropyl methylcellulose capsules market report has been segmented on the basis of type, size, end user, and region.
Global Hydroxypropyl Methylcellulose Capsules Market: Overview
Hydroxypropyl Methylcellulose (HPMC) is known as hypromellose. It is manufactured by using chemically which is made-up of polymer cellulose. It is considered safe for human consumption and is widely used as a substitute for gelatin based capsules owing to its vegetarian source as well as physical appearance. It is used as a viscolizing agent or thickening agent, as a bio adhesive, in solid dispersion for enhancing solubility, as a binder for modifying formulations, and for coating polymer. HPMC is generally derived from vegetable cellulose and are 100% natural. Vegetable capsule shell is mostly prepared from the hydroxypropyl methylcellulose.
Global Hydroxypropyl Methylcellulose Capsules Market: Dynamics
Growing demand for hydroxypropyl methylcellulose capsules in health supplements is a key factor contributing to driving growth of the global market in terms of revenue over the next 10 years. In addition, rapidly pharmaceuticals sector, higher demand for natural or organic products, rising adoption rate of advanced technologies by manufacturers, increasing per capita income level are some of the factors driving the growth of the global hydroxypropyl methylcellulose capsules market. However, stringent regulatory approvals and raw material prices fluctuation are major factors expected to limit growth of the global market to a significant extent.
Global Hydroxypropyl Methylcellulose Capsules Market: Segment Analysis
Among the type segments, pectin capsule is expected to register highest growth is expected to maintain its dominance over the forecast years. This is primarily due to high fiber in fruits and is used to make medicine. Among the end user segments, nutraceutical companies are expected to register fastest CAGR, owing to high usage of vitamins and other health supplements.
Global Hydroxypropyl Methylcellulose Capsules Market: Trends
The key trend witnessed in the target market is companies manufacturing hydroxypropyl methylcellulose capsules are focusing on expanding product line and offering new product with a wide range of products with properties such as enteric coating, gastric acid resistance, and fast disintegration.
Global Hydroxypropyl Methylcellulose Capsules Market: Regional Analysis
In 2019, the markets in North America is estimated to account for significant market share in the forthcoming years, owing to well-defined product labeling and harmonized regulations in countries such as Canada and US in the region. The market in Asia Pacific is estimated to account fastest CAGR over the forthcoming years, due to increasing number of new clinical trials, higher per capita health expenditures, and increasing investments in research and development for effective treatment alternatives are some major factors for driving the growth of hydroxypropyl methylcellulose capsules in Asia Pacific region.
Global Hydroxypropyl Methylcellulose Capsules Market Segmentation:
Segmentation by type:
- Gellan gum
Segmentation by size:
Segmentation by end user:
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Capsugel Belgium NV
- ACG Associated Capsules Pvt. Ltd.
- Catalent, Inc.
- Qualicaps Co., Ltd.
- Suheung Capsule Co., Ltd.
- Mitsubishi Chemical Holdings Corporation
- ACG Worldwide Private Limited
- Bright Pharma Caps, Inc.
- Suheung Co., Ltd.
- BioCaps Enterprise, Inc.
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