Transparency Market Research Reports included a detailed market survey and analysis trends on “Hydroxyethyl
Cellulose Market”. This report also includes more info about basic overview of the industry including definitions, applications and global market industry structure.Hydroxyethyl cellulose
(HEC) is water soluble, nonionic derivative of cellulose ether. It is
synthesized by etherification of alkali cellulose and ethylene oxide. HEC used
as cement extender, binder, and protective colloid, shape retention enhancer,
coating polymer, lubricity and workability enhancer and suspension &
stabilization agent. End user industries of HEC include building &
construction, adhesives & sealants, oil & gas, paints & coatings,
pharmaceutical, personal care & cosmetics, metal casting & foundry and
paper & pulp industry. High purity HEC is required for personal care &
cosmetics applications.
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Full Report with TOC: http://www.transparencymarketresearch.com/hydroxyethyl-cellulose-market.html
Growing demand from
personal care & cosmetics industry is expected to drive the HEC market. It
acts as binder, stabilizer, thickener and dispersing agent in daily personal
care and cosmetics products that increases lubrication, density and improves
appearance of them. Changing lifestyle and rising disposable income is driving
personal care market in developing countries. Demand for personal care products
used in daily routine is driven by growing population in developed as well as
developing countries worldwide. In addition, growing demand for HEC in paints
and coatings industry is expected to drive the market. HEC provides excellent
coating performance for PVA latex paints with no flocculation.
HEC has high thickening
effect and therefore improves thickness of the paints that reduces
flocculation. Use of HEC in paints enhances washing resistance and improves
cost effectiveness of paint formulation. New infrastructure investment in
emerging economies and improvement of existing infrastructure in developed
countries is driving the paints and coating industry. Further, HEC demand from
oil well and drilling industry is expected to boost the market growth. It can
be used as cementing agent or thickener or workover fluid in oil wells. HEC
helps in reducing damage to oil well structures by helping in creating clear
solution with low fixed content.
However, hazardous air
pollutants emissions during production and explosion issues are expected to
inhibit the HEC market growth. Development of new derivatives and new
applications of cellulose is expected to create raw material scarcity for the
production of HEC. This scarcity of raw materials may hamper the market growth.
Development of new applications in pharmaceutical and medicine field is
expected to provide opportunities for the players in this market. Hydrophobic
drugs and capsules made from HEC are easily absorbed by intestinal walls which
makes it ideal ingredient to be used in pharmaceutical applications. Other new
applications include ointment, food, paper making and polymerization agent that
may provide opportunities in the near future.
Europe emerged as
market for HEC in terms of consumption and production. However, major players
in this market are shifting their production plants to China due to
availability for raw material, expansion of existing facilities and investments
in building new infrastructure. Growing paints & coatings and personal care
industry are expected to drive the demand for HEC in this region. Europe was
followed by Asia Pacific in terms of production of HEC. The demand from
building & construction industry and oil well drilling industry is expected
to drive HEC market in this region. Rising exploration activities and improving
recovery from existing oil wells in China is driving the oil well drilling
industry. Improvement of existing infrastructure and need to enhance
hydrocarbon recovery from existing oil wells is driving oil well drilling
industry, which in turn expected to boost the HEC demand in this region.
HEC market is highly
concentrated with two of the major players accounting for more than half of the
market. Some of key players in this market include Dow Chemical Company, Ashlan
Specialty Chemicals, Daicel Fine Chem Ltd. and Performance Additive among
others.
This research report analyzes this market depending
on its market segments, major geographies, and current market trends. Geographies
analyzed under this research report include
- North
America
- Asia
Pacific
- Europe
- Rest
of the World
This report provides comprehensive
analysis of
- Market
growth drivers
- Factors
limiting market growth
- Current
market trends
- Market
structure
- Market
projections for upcoming years
This report is a
complete study of current trends in the market, industry growth drivers, and
restraints. It provides market projections for the coming years. It includes
analysis of recent developments in technology, Porter’s five force model
analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.
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