Methyl Cellulose is a chemical compound which is mainly derived from cellulose. It is available in the form of a hydrophilic white powder in pure form and dissolves in cold water which then forms a clear viscous solution or gel. Various kind of Methyl Cellulose derivatives can be prepared depending upon the number of hydroxyl groups. It is used as a thickener and emulsifier in numerous food and cosmetic products. Moreover, it is used as a water retaining adjuvant and is used in wood finishing as a thickener additive in paints. They prevent paint pigments from settling and offer excellent smoothness and consistency along with better adhesion of paint. Furthermore, they find wide application scope in numerous application such as cosmetic & personal care, pharmaceutical, paints & coatings, construction material, and others.
Some of the prominent market factors that positively influence the Methyl Cellulose Market growth are increasing demand from construction sector, improving living standard, and continuous growth of automotive industry. Rapid industrialization combined with rising disposable income in emerging economies are expected to drive market growth over the forecast period, 2017 to 2023. Additionally, increasing investment in the residential, institutional, and industrial construction sector is estimated to give new impetus to the Methyl Cellulose demand over the assessment period.
Competitive Analysis:
The major players operating in the Methyl Cellulose Market include The 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), Zhejiang Kehong Chemical Co. Ltd. (China), J. RETTENMAIER & SÖHNE GmbH + Co KG (Germany) and others.
Access Complete Report @ https://www.marketresearchfuture.com/reports/methyl-cellulose-market-4541
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
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Methyl Cellulose Market
5 Industry Overview Of Global Methyl Cellulose Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact Analysis
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.
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.
Request For Sample Report Here @ https://www.marketresearchfuture.com/sample_request/4541
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future
Phone: +16468459312
Email: sales@marketresearchfuture.com
