Methyl Cellulose Market Research Report - Forecast to 2030

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 2030

ID: MRFR/CnM/3123-HCR | February 2021 | Region: Global | 135 pages

Methyl Cellulose Market Synopsis:



The Carboxymethyl Cellulose Market was valued at USD 1,690 million in 2019 and is estimated to reach USD 2,320 million by 2027 with a CAGR of 4.5%.


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.

The Methyl Cellulose Market Share by Application (2016), (%):Methyl Cellulose Market


Regional Analysis:


The 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 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.


In Europe, countries such as Italy, France, Spain, Germany, and U.K have emerged as prominent consumer markets due to developed end use industries and increasing expenditure on research, development and innovation. Latin American countries such as Argentina, Colombia, and Brazil are also estimated to witness an above average growth with the association of new business models. Moreover, lubricants are widely used in automotive and general industry, rising automobile production and sales as well as expansion of general industry in countries such as China, India, Mexico, Germany, Spain, and Japan will further drive the market growth. The Middle East & Africa is estimated to witness an average growth during the assessment period. Huge investment in institutional as well as commercial construction sector in Turkey, Oman, Saudi Arabia, Qatar and the United Arab Emirates (UAE) is estimated to positively influence industry growth over the assessment period.

Segmentation:

The 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:


Some of the prominent players operating in the Methyl Cellulose Market are 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.


Geographical Analysis:


The Methyl Cellulose Market 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



Report Scope:
Report Attribute/Metric Details
  Market Size

  • 2019: USD 1,690 Million
  • 2030: USD 2,320 Million
  •   CAGR   4.5% (2022-2030)
      Base Year   2021
      Forecast Period   2022-2030
      Historical Data   2019 & 2020
      Forecast Units   Value (USD Million)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   Derivative, Application and Region
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   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)
      Key Market Opportunities   the fostering growth of textile industry worldwide
      Key Market Drivers

  • the rising importance of grooming among adults as well as teenagers is expected to propel the growth of the market
  • huge investment in building & construction sector in developed


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    Frequently Asked Questions (FAQ) :


    Methyl Cellulose Market is predicted to grow at 4.5% through forecast period of 2019-2027.

    The forecast period for Methyl Cellulose Market research report is 2020-2027.

    Global Methyl Cellulose Market is dominated by APAC region.

    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

    7. Global Methyl Cellulose Market by Derivative

    7.1 Introduction

    7.2 Hydroxyethyl Methyl Cellulose

    7.2.1 Market Estimates & Forecast, 2020-2027

    7.2.2 Market Estimates & Forecast by Region, 2020-2027

    7.3 Hydroxybutyl Methyl Cellulose

    7.3.1 Market Estimates & Forecast, 2020-2027

    7.3.2 Market Estimates & Forecast by Region, 2020-2027

    7.4 Hydroxypropyl Methyl Cellulose

    7.4.1 Market Estimates & Forecast, 2020-2027

    7.4.2 Market Estimates & Forecast by Region, 2020-2027

    8. Global Methyl Cellulose Market by Application

    8.1 Introduction

    8.2 Construction Material

    8.2.1 Market Estimates & Forecast, 2020-2027

    8.2.2 Market Estimates & Forecast by Region, 2020-2027

    8.3 Cosmetic & Personal Care

    8.3.1 Market Estimates & Forecast, 2020-2027

    8.3.2 Market Estimates & Forecast by Region, 2020-2027

    8.4 Paints & Coatings

    8.4.1 Market Estimates & Forecast, 2020-2027

    8.4.2 Market Estimates & Forecast by Region, 2020-2027

    8.5 Pharmaceutical

    8.5.1 Market Estimates & Forecast, 2020-2027

    8.5.2 Market Estimates & Forecast by Region, 2020-2027

    8.6 Others

    8.6.1 Market Estimates & Forecast, 2020-2027

    8.6.2 Market Estimates & Forecast by Region, 2020-2027

    9. Global Methyl Cellulose Market by Region

    9.1 Introduction

    9.2 North America

    9.2.1 Market Estimates & Forecast, 2020-2027

    9.2.2 Market Estimates & Forecast by Derivative, 2020-2027

    9.2.3 Market Estimates & Forecast by Application, 2020-2027

    9.2.4 US

    9.2.4.1 Market Estimates & Forecast, 2020-2027

    9.2.4.2 Market Estimates & Forecast by Derivative, 2020-2027

    9.2.4.3 Market Estimates & Forecast by Application, 2020-2027

    9.2.5 Mexico

    9.2.5.1 Market Estimates & Forecast, 2020-2027

    9.2.5.2 Market Estimates & Forecast by Derivative, 2020-2027

    9.2.5.3 Market Estimates & Forecast by Application, 2020-2027

    9.2.6 Canada

    9.2.6.1 Market Estimates & Forecast, 2020-2027

    9.2.6.2 Market Estimates & Forecast by Derivative, 2020-2027

    9.2.6.3 Market Estimates & Forecast by Application, 2020-2027

    9.3 Europe

    9.3.1 Market Estimates & Forecast, 2020-2027

    9.3.2 Market Estimates & Forecast by Derivative, 2020-2027

    9.3.3 Market Estimates & Forecast by Application, 2020-2027

    9.3.4 Germany

    9.3.4.1 Market Estimates & Forecast, 2020-2027

    9.3.4.2 Market Estimates & Forecast by Derivative, 2020-2027

    9.3.4.3 Market Estimates & Forecast by Application, 2020-2027

    9.3.5. France

    9.3.5.1 Market Estimates & Forecast, 2020-2027

    9.3.5.2 Market Estimates & Forecast by Derivative, 2020-2027

    9.3.5.3 Market Estimates & Forecast by Application, 2020-2027

    9.3.6 Italy

    9.3.6.1 Market Estimates & Forecast, 2020-2027

    9.3.6.2 Market Estimates & Forecast by Derivative, 2020-2027

    9.3.6.3 Market Estimates & Forecast by Application, 2020-2027

    9.3.7 Spain

    9.3.7.1 Market Estimates & Forecast, 2020-2027

    9.3.7.2 Market Estimates & Forecast by Derivative, 2020-2027

    9.3.7.3 Market Estimates & Forecast by Application, 2020-2027

    9.3.8 UK

    9.3.8.1 Market Estimates & Forecast, 2020-2027

    9.3.8.2 Market Estimates & Forecast by Derivative, 2020-2027

    9.3.8.3 Market Estimates & Forecast by Application, 2020-2027

    9.4 Asia Pacific

    9.4.1 Market Estimates & Forecast, 2020-2027

    9.4.2 Market Estimates & Forecast by Derivative, 2020-2027

    9.4.3 Market Estimates & Forecast by Application, 2020-2027

    9.4.4 China

    9.4.4.1 Market Estimates & Forecast, 2020-2027

    9.4.4.2 Market Estimates & Forecast by Derivative, 2020-2027

    9.4.4.3 Market Estimates & Forecast by Application, 2020-2027

    9.4.5 India

    9.4.5.1 Market Estimates & Forecast, 2020-2027

    9.4.5.2 Market Estimates & Forecast by Derivative, 2020-2027

    9.4.5.3 Market Estimates & Forecast by Application, 2020-2027

    9.4.6 Japan

    9.4.6.1 Market Estimates & Forecast, 2020-2027

    9.4.6.2 Market Estimates & Forecast by Derivative, 2020-2027

    9.4.6.3 Market Estimates & Forecast by Application, 2020-2027

    9.4.7 Australia

    9.4.7.1 Market Estimates & Forecast, 2020-2027

    9.4.7.2 Market Estimates & Forecast by Derivative, 2020-2027

    9.4.7.3 Market Estimates & Forecast by Application, 2020-2027

    9.4.8 New Zealand

    9.4.8.1 Market Estimates & Forecast, 2020-2027

    9.4.8.2 Market Estimates & Forecast by Derivative, 2020-2027

    9.4.8.3 Market Estimates & Forecast by Application, 2020-2027

    9.4.9 Rest of Asia Pacific

    9.4.9.1 Market Estimates & Forecast, 2020-2027

    9.4.9.2 Market Estimates & Forecast by Derivative, 2020-2027

    9.4.9.3 Market Estimates & Forecast by Application, 2020-2027

    9.5 Middle East & Africa

    9.5.1 Market Estimates & Forecast, 2020-2027

    9.5.2 Market Estimates & Forecast by Derivative, 2020-2027

    9.5.3 Market Estimates & Forecast by Application, 2020-2027

    9.5.4 Turkey

    9.5.4.1 Market Estimates & Forecast, 2020-2027

    9.5.4.2 Market Estimates & Forecast by Derivative, 2020-2027

    9.5.4.3 Market Estimates & Forecast by Application, 2020-2027

    9.5.5 Israel

    9.5.5.1 Market Estimates & Forecast, 2020-2027

    9.5.5.2 Market Estimates & Forecast by Derivative, 2020-2027

    9.5.5.3 Market Estimates & Forecast by Application, 2020-2027

    9.5.6 North Africa

    9.5.6.1 Market Estimates & Forecast, 2020-2027

    9.5.6.2 Market Estimates & Forecast by Derivative, 2020-2027

    9.5.6.3 Market Estimates & Forecast by Application, 2020-2027

    9.5.7 GCC

    9.5.7.1 Market Estimates & Forecast, 2020-2027

    9.5.7.2 Market Estimates & Forecast by Derivative, 2020-2027

    9.5.7.3 Market Estimates & Forecast by Application, 2020-2027

    9.5.8 Rest of Middle East & Africa

    9.5.8.1 Market Estimates & Forecast, 2020-2027

    9.5.8.2 Market Estimates & Forecast by Derivative, 2020-2027

    9.5.8.3 Market Estimates & Forecast by Application, 2020-2027

    9.6 Latin America

    9.6.1 Market Estimates & Forecast, 2020-2027

    9.6.2 Market Estimates & Forecast by Derivative, 2020-2027

    9.6.3 Market Estimates & Forecast by Application, 2020-2027

    9.6.4 Brazil

    9.6.4.1 Market Estimates & Forecast, 2020-2027

    9.6.4.2 Market Estimates & Forecast by Derivative, 2020-2027

    9.6.4.3 Market Estimates & Forecast by Application, 2020-2027

    9.6.5 Argentina

    9.6.5.1 Market Estimates & Forecast, 2020-2027

    9.6.5.2 Market Estimates & Forecast by Derivative, 2020-2027

    9.6.5.3 Market Estimates & Forecast by Application, 2020-2027

    9.6.6 Rest of Latin America

    9.6.6.1 Market Estimates & Forecast, 2020-2027

    9.6.6.2 Market Estimates & Forecast by Derivative, 2020-2027

    9.6.6.3 Market Estimates & Forecast by Application, 2020-2027

    10. Company Landscape

    11. Company Profiles

    11.1 The Dow Chemical Company

    11.1.1 Company Overview

    11.1.2 Product/Business Segment Overview

    11.1.3 Financial Updates

    11.1.4 Key Developments

    11.2 Ashland

    11.2.1 Company Overview

    11.2.2 Product/Business Segment Overview

    11.2.3 Financial Updates

    11.2.4 Key Developments

    11.3 Sigma-Aldrich Co. LLC.

    11.3.1 Company Overview

    11.3.2 Product/Business Segment Overview

    11.3.3 Financial Updates

    11.3.4 Key Developments

    11.4 Zhejiang Kehong Chemical Co. Ltd

    11.4.1 Company Overview

    11.4.2 Product/Business Segment Overview

    11.4.3 Financial Updates

    11.4.4 Key Developments

    11.5 BASF SE

    11.5.1 Company Overview

    11.5.2 Product/Business Segment Overview

    11.5.3 Financial Updates

    11.5.4 Key Developments

    11.6 LOTTE Fine Chemical

    11.6.1 Company Overview

    11.6.2 Product/Business Segment Overview

    11.6.3 Financial Updates

    11.6.4 Key Developments

    11.7 Shin-Etsu Chemical Co., Ltd

    11.7.1 Company Overview

    11.7.2 Product/Business Segment Overview

    11.7.3 Financial Updates

    11.7.4 Key Developments

    11.8 Reliance Cellulose Products Ltd.

    11.8.1 Company Overview

    11.8.2 Product/Business Segment Overview

    11.8.3 Financial Updates

    11.8.4 Key Developments

    11.9 Zhejiang Kehong Chemical Co. Ltd.

    11.9.1 Company Overview

    11.9.2 Product/Business Segment Overview

    11.9.3 Financial Updates

    11.9.4 Key Developments

    11.10 J. RETTENMAIER & SÖHNE GmbH + Co KG

    11.10.1 Company Overview

    11.10.2 Product/Business Segment Overview

    11.10.3 Financial Updates

    11.10.4 Key Developments

    12. Conclusion

    LIST OF TABLES:

    Table 1 World Population by Major Regions (2020-2027)

    Table 2 Global Methyl Cellulose Market: By Region, 2020-2027

    Table 3 North America Methyl Cellulose Market: By Country, 2020-2027

    Table 4 Europe Methyl Cellulose Market: By Country, 2020-2027

    Table 5 Asia-Pacific Methyl Cellulose Market: By Country, 2020-2027

    Table 6 Middle East & Africa Methyl Cellulose Market: By Country, 2020-2027

    Table 7 Latin America Methyl Cellulose Market: By Country, 2020-2027

    Table 8 Global Methyl Cellulose by Derivative Market: By Regions, 2020-2027

    Table 9 North America Methyl Cellulose by Derivative Market: By Country, 2020-2027

    Table 10 Europe Methyl Cellulose by Derivative Market: By Country, 2020-2027

    Table11 Asia-Pacific Methyl Cellulose by Derivative Market: By Country, 2020-2027

    Table12 Middle East & Africa Methyl Cellulose by Derivative Market: By Country, 2020-2027

    Table13 Latin America Methyl Cellulose by Derivative Market: By Country, 2020-2027

    Table14 North America Methyl Cellulose for Application Market: By Country, 2020-2027

    Table15 Europe Methyl Cellulose for Application Market: By Country, 2020-2027

    Table16 Asia-Pacific Methyl Cellulose for Application Market: By Country, 2020-2027

    Table17 Middle East & Africa Methyl Cellulose for Application Market: By Country, 2020-2027

    Table18 Latin America Methyl Cellulose for Application Market: By Country, 2020-2027

    Table 19 Global Derivative Market: By Region, 2020-2027

    Table 20 Global Application Market: By Region, 2020-2027

    Table 21 North America Methyl Cellulose Market, By Country

    Table 22 North America Methyl Cellulose Market, By Derivative

    Table 23 North America Methyl Cellulose Market, By Application

    Table24 Europe: Methyl Cellulose Market, By Country

    Table25 Europe: Methyl Cellulose Market, By Derivative

    Table 26 Europe: Methyl Cellulose Market, By Application

    Table 27 Asia-Pacific: Methyl Cellulose Market, By Country

    Table 28 Asia-Pacific: Methyl Cellulose Market, By Derivative

    Table 29 Asia-Pacific: Methyl Cellulose Market, By Application

    Table 30 Middle East & Africa: Methyl Cellulose Market, By Country

    Table 31 Middle East & Africa Methyl Cellulose Market, By Derivative

    Table 32 Middle East & Africa: Methyl Cellulose Market, By Application

    Table 33 Latin America: Methyl Cellulose Market, By Country

    Table 34 Latin America Methyl Cellulose Market, By Derivative

    Table 35 Latin America: Methyl Cellulose Market, By Application

    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

    FIGURE 5 Share of Global Methyl Cellulose Market in 2020, by country (in %)

    FIGURE 6 Global Methyl Cellulose Market, 2020-2027,

    FIGURE 7 Sub segments of Derivative

    FIGURE 8 Global Methyl Cellulose Market size by Derivative, 2020

    FIGURE 9 Share of Global Methyl Cellulose Market by Derivative, 2020-2027

    FIGURE 10 Sub segments of Application

    FIGURE 11 Global Methyl Cellulose Market size by Application, 2020

    FIGURE 12 Share of Global Methyl Cellulose Market by Application, 2020-2027