Global HPMC Statistical Report

Global HPMC Statistical Report

As an AI language model, I don’t have access to real-time statistical data. However, I can provide you with some information on the global HPMC market based on available data up to my knowledge cut off in September 2021.

According to a report published by MarketsandMarkets, the global HPMC market size was valued at USD 3.5 billion in 2020, and it is expected to reach USD 4.6 billion by 2025, growing at a CAGR of 5.6% during the forecast period. The report identifies the pharmaceuticals, construction, food, cosmetics, and textiles industries as the major end-use industries for HPMC.

Geographically, Asia Pacific is the largest consumer of HPMC, accounting for over 40% of the global market share in 2020, followed by North America and Europe. The report attributes the growth of the HPMC market in the Asia Pacific region to the increasing demand for pharmaceuticals, construction materials, and food and personal care products in countries such as China, India, Japan, and South Korea.

Some of the key players in the global HPMC market, as identified in the report, include Ashland Global Holdings Inc., Dow Chemical Company, Shin-Etsu Chemical Co., Ltd., Lotte Fine Chemical Co., Ltd., and China National Chemical Corporation (ChemChina).

It is important to note that market trends and statistics can change rapidly due to various factors such as economic conditions, geopolitical events, and technological advancements. Thus, it is essential to conduct thorough and up-to-date research before making any business decisions related to the HPMC market.

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