Methyl Cellulose Market Size

  • Report ID: 6827
  • Published Date: Dec 24, 2024
  • Report Format: PDF, PPT

Methyl Cellulose Market Size

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.


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Author Credits:  Rajrani Baghel


  • Report ID: 6827
  • Published Date: Dec 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of methyl cellulose was over USD 1.9 billion.

The market size for methyl cellulose is projected to cross USD 3.3 billion by the end of 2037 expanding at a CAGR of 4.7% during the forecast period i.e., between 2025-2037.

The major players in the market are The Dow Chemical Company, Ashland Inc., Signa-Aldrich Co., LLC, Zhejiang Kehong Chemical Co., Ltd., BASF SE, LOTTE Fine Chemical, Reliance Cellulose Products Ltd., SE-Tylose GmbH & Co., Hercules Tianpu Chemicals Company Limited, Celotech Chemical Co., Ltd, and others.

The construction material segment is anticipated to garner a share of 36.4% during 2025-2037.

The Asia Pacific methyl cellulose sector is poised to hold a 42.2% share by the end of 2037.
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