About Hydroxyethyl Cellulose
Hydroxyethylcellulose is called as Natrosol. It is a non-ionic, water-soluble polymer which is used as a binder & film coating agent for tablet. Hydroxyethylcellulose is used as the main ingredient in numerous lubricants & cosmetics products, household cleaning owing to its non-ionic as well as water-soluble nature. It is used in various applications such as building material, oilfield, personal care and cosmetics, food, pharmaceuticals, paper, adhesives, textiles, among others. Demand for hydroxyethyl cellulose has increased, due to the increasing usage of hydroxyethyl cellulose in the cosmetic industry. For instance, in 2016, according to an article published by The International Trade Administration (ITA), Total United States exports in the personal care & cosmetics subsector was more than USD 10.4 billion in 2015. Hence, rising demand for personal care & cosmetics subsector and growth in the pharmaceuticals application are some of the major factors which affect the growth of the market in the future.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States and China Vendors will contribute the maximum growth to Global Hydroxyethyl Cellulose market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Ashland Inc. (United States), Dow Chemical Company (United States), Shin-Etsu Chemical Co., Ltd. (Japan), Akzo Nobel N.V. (Netherlands), Henkel AG & Company, KGaA, (Germany), Daicel Corporation (Japan), Chemcolloids (United Kingdom), Zhejiang Haishen, Yil-Long Chemical Group (China) and Wuxi Sanyou (China) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Hydroxyethyl Cellulose market by Type (Industrial Grade, Cosmetic Grade, Food Grade and Pharmaceutical Grade), Application (Building Material, Oilfield, Personal care and cosmetic, Food, Pharmaceuticals, Paper, Adhesives and Textiles) and Region.
On the basis of geography, the market of Hydroxyethyl Cellulose has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Technology Advancement regarding Hydroxyethyl Cellulose
Market Growth Drivers:
Rising demand for Personal Care products as well as Growth in the Pharmaceuticals Application and Rising Disposal Income in Developing Countries
Challenges:
Fluctuations in Raw Material Prices
Restraints:
Emergence of Substitutes in Various Applications
Opportunities:
Growth in End-Use Industries in Emerging Economies
According to the Dow Chemical Company, “Regulations may exist that govern the manufacture, sale, transportation, use, and/or disposal of hydroxyethylcellulose. These regulations may vary by city, state, country, or geographic region. Information may be found by consulting the relevant Safety Data Sheet or the Dow Customer”.
Key Target Audience
Hydroxyethyl Cellulose Manufacturers, Raw Material Suppliers, Government and Regional Agencies and Research Organizations, Investment Research Firms and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.