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Global Hydroxyethyl Cellulose(HEC) Market is Projected to Reach 600 million US$ by the end of 2025

Author: QYResearch | Publish date: 2018-08-17 | Views: 14
New report published by QY Research which offers insights on the global Hydroxyethyl Cellulose(HEC) market. The Hydroxyethyl Cellulose(HEC) market has been experiencing steady growth graph since past years. During the 2017-2025 timeline, the global market for Hydroxyethyl Cellulose(HEC) is expected to reflect a 1.5x increase in the revenue growth. In 2017 the global Hydroxyethyl Cellulose(HEC) market was valued at US$ 390 Mn and by the end of the assessment year (2025), it is estimated to touch a value more than US$ 600 Mn growing at a value CAGR of 5.6% throughout the period of forecast.

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Global Hydroxyethyl Cellulose(HEC) Market: Market Driver and Restraint

Applications of Hydroxyethyl Cellulose(HEC) are anticipated to create new business segments in the market. Hydroxyethyl Cellulose(HEC) is in use for a broad range of Paper & pulp products such as personal care & cosmetics, metal casting & foundry & others. The companies are focusing on launching products that are launched in few regions. There lies a great opportunity since only a few companies are into this business due to introductory stage of this product market. Hydroxyethyl Cellulose(HEC) application is developed towards a more active mode.


Manufacturers are exploring the potential of Hydroxyethyl Cellulose(HEC) in Oil & gas. Application of Hydroxyethyl Cellulose(HEC) in paints and coatings are gaining traction in the recent years. Recently, manufacturers have started using Hydroxyethyl Cellulose(HEC) in the Building & construction area. Further, there are also potential uses in the areas of cementing agent or thickener.


Global Hydroxyethyl Cellulose(HEC) Market: Key Takeaways

·        The Hydroxyethyl Cellulose(HEC) industry has high technical barrier. the products require stable and outstanding technical performance. Consequently, price and product quality are crucial to downstream customers.

·        to Hydroxyethyl Cellulose(HEC) manufacturers, the core of brand building is in quality control and technological innovation.

·        Consumers are generally quick-change, to get or use newfangled products, better experience, better convenience and more quicker; to find and meet the needs of consumers, and exceeding expectation, better service.


Global Hydroxyethyl Cellulose(HEC) Market: Forecast by Nature

This segment includes General Grade, High Purity, etc. In terms of volume, General Grade segment is expected to remain dominant in the global Hydroxyethyl Cellulose(HEC) market.


Global Hydroxyethyl Cellulose(HEC) Market: Forecast by Region

North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan and MEA are the seven regions that are included in this report. Asia Pacific is the dominant market in the global Hydroxyethyl Cellulose(HEC) market in terms of value. The Asia Pacific Hydroxyethyl Cellulose(HEC) market was estimated to be valued at US$ 161.7 Mn in 2017 and is expected to expand at a value CAGR of 6.2% over the forecast period. The North America market is expected to expand at a robust rate of 5.9% in terms of revenue over the forecast period due to the steadily increasing production capacity for personal care & cosmetics products in this region.


Global Hydroxyethyl Cellulose(HEC) Market: Key Players

Ashland, Dow Chemical, Shin-Etsu Chemical, LOTTE Fine Chemical, AkzoNobel, Daicel, LNCC, Shandong Head, Shandong Yiteng, Ruitai, Shangyu Chuangfeng, Zhejiang Haishen, Wuxi Sanyou, Hubei Xiangtai, etc. are the key vendors included in this report.


Click to view the full report TOC, figure and tables:

https://www.qyresearch.com/index/detail/498116/global-hydroxyethyl-cellulose-hec-market

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