Methyl Cellulose Market size was USD 1.9 billion in 2024 and is estimated to reach USD 3.3 billion by the end of 2037, expanding at a CAGR of 4.7% during the forecast period, i.e., 2025-2037. In 2025, the industry size of methyl cellulose is evaluated at USD 2 billion.
The methyl cellulose market is expanding mainly due to its growing use in the construction industry. Methyl cellulose is a common constituent in building applications such as cement mortars, tile adhesives, and gypsum-based plasters because it enhances bonding and retains water effectively. The growth of the construction industry, particularly in emerging economies, has increased the demand for methyl cellulose. Asia Pacific is experiencing significant growth, particularly in China, India, and Southeast Asia, which drives the demand for construction chemicals, including methyl cellulose. For instance, by 2025, the construction industry of India is projected to grow to USD 1.4 trillion. The country has allocated USD 1.4 trillion for infrastructure under NIP, with 24% going toward renewable energy, 18% toward roads and highways, 17% toward urban infrastructure, and 12% toward railroads.
High-performance building materials are becoming increasingly important as cities grow and construction activity increases. Moreover, developed economies are also investing in smart city projects and residential developments, further boosting the methyl cellulose market. Thus, the construction industry’s expansion, combined with technological advancements in construction chemicals, is a key growth driver for methyl cellulose market.
Growth Drivers
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
4.7% |
Base Year Market Size (2024) |
USD 1.9 billion |
Forecast Year Market Size (2037) |
USD 3.3 billion |
Regional Scope |
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Application (Construction Material, Cosmetic & Personal Care, Paints & Coatings, Pharmaceutical)
Construction material segment is set to dominate around 36.4% methyl cellulose market share by the end of 2037. The market growth can be attributed to the growing use of methyl cellulose as a performance enhancer in construction materials. It is added to dry mortar mixtures to enhance the mortar's workability, water retention, viscosity, adherence to surfaces, and open and adjustment times, among other qualities. Both gypsum and cement can be used as building materials. Tile adhesives, EIFS, insulating plasters, hand-trowelled and machine-sprayed plaster, stucco, self-leveling flooring, extruded cement panels, skim coatings, joint & crack fillers, and tile grouts are notable instances of dry mixed mortars that use methyl cellulose.
Methyl cellulose helps reduce material wastage by improving adhesion, workability, and shelf-life, making it a cost-effective choice for manufacturing and contractors. Moreover, rapid urbanization and infrastructure development are driving the demand for construction materials. Large-scale residential, commercial and industrial projects require high-performance construction additives, boosting the use of methyl cellulose.
Derivation (Hydroxyethyl Methyl Cellulose, Hydroxybutyl Methyl Cellulose, Hydroxypropyl Methyl Cellulose)
The hydroxypropyl methyl cellulose (HPMC) segment in methyl cellulose market is poised to garner a notable share in the forecast period. The segment is growing owing to its excellent film-forming properties, which makes it suitable for various applications such as tablet coatings, encapsulation, and controlled-release formulations. Both aqueous and nonaqueous solvents can be used since HPMC is soluble in polar organic solvents. It is soluble in hot and cold organic solvents, with special solubility characteristics. Due to its thermoplasticity and organo-solubility, HPMC is superior to its counterparts in methyl cellulose. Moreover, HPMC is generally recognized as safe (GRAS) by regulatory bodies, making it a preferred choice for use in diverse industries.
Our in-depth analysis of the global methyl cellulose market includes the following segments:
Derivation |
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Application |
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APAC Market Statistics
Asia Pacific methyl cellulose market is estimated to hold the largest share of 42.2% during the forecast period. The growing industrial and residential construction sectors in developing Asia-Pacific nations including China, Vietnam, Bangladesh, and India will drive the demand for methyl cellulose. Furthermore, the ease of obtaining raw materials, rising purchasing power, a strict but reasonable regulatory environment, low labor costs, and better development strategies to meet the demand for methyl cellulose in expanding applications are propelling its growth in the region.
The construction industry in China is experiencing significant growth, due to favorable government initiatives aimed at supporting infrastructure development, consequently driving the growth of methyl cellulose market. According to the International Trade Administration, China's 14th Five-Year Plan has a strong emphasis on new urbanization, water systems, energy, and transportation infrastructure projects. The 14th Five-Year Plan period (2021–2025) is expected to see an overall investment in new infrastructure of over USD 4.2 trillion.
In India, major methyl cellulose market players are expanding the paint and coating sectors due to rapidly increasing consumer demand and per capita income. According to leading paint producer Akzo Nobel India, in the next five years, the paints and coatings sector is anticipated to grow to USD 12.22 billion. Also, the demand from the real estate industry has increased as a result of the post-pandemic boom in investments and infrastructure development.
North America Market Analysis
North America methyl cellulose market will gain a substantial share by 2037. The market growth can be attributed to the increased expenditure on research & development activities in the region. Additionally, since lubricants are widely utilized in both general and automotive industries, the market will continue to rise due to growing general industry and automobile production and sales. Trading Economics stated that in 2024, the number of vehicles sold in the U.S. climbed from 15.80 million in September to 16 million in October.
Furthermore, due to their strong manufacturing and end-use sectors, the U.S. and Canada are two of the main contributors to the regional methyl cellulose market growth and are predicted to have considerable regional market growth. Moreover, the presence of major key players such as Dow Chemical Company, Ashland, Inc., and Sigma-Aldrich Co., LLC are accelerating the methyl cellulose market expansion in the countries.
The methyl cellulose market is fiercely competitive, with manufacturers dedicating significant efforts to enhancing their products. A wealth of experience and expertise in the sector has enabled these manufacturers to secure substantial market shares. Through various strategic initiatives and key decisions, leading companies have successfully expanded their presence and built a large customer base.
Author Credits: Rajrani Baghel
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