Abstract
Summary
The cellulose ether & derivatives market is projected to grow from USD 8.1 billion in 2023 to USD 12.5 billion by 2028 at a CAGR of 9.1%. Advancements in current applications, cost-effective processes, value-chain optimizations, Innovations, and emerging applications are the key drivers for this market. Explosion and burning risk are one of the restraining factors hampering the growth of the market. Various research institutions and key manufacturers are taking initiatives and investing significantly in the research and development for the technological developments of cellulose ether & derivatives in terms of efficiency, performance, durability, and other improved properties.
‘‘The carboxymethyl cellulose is the second fastest-growing product type segment of cellulose ether & derivatives in terms of value and volume.’’
The carboxymethyl cellulose product type segment is expected to witness the second highest growth because of the growth in product requirements, the growth in developing economies, and the technological developments in different applications. It possesses several major properties that make it a versatile and valuable substance. Carboxymethyl cellulose is highly soluble in water, forming a clear and viscous solution. This characteristic makes it suitable for various applications where a thickening or stabilizing agent is required. Additionally, carboxymethyl cellulose acts as an effective rheology modifier, allowing it to control the flow and viscosity of liquid systems. It imparts pseudo-plasticity, meaning the solution becomes less viscous when subjected to shear forces. It is widely utilized in food and beverages, pharmaceuticals, personal care, textiles, paper, and other applications, which will drive demand during the forecast period.
“‘The construction application to lead the carboxymethyl cellulose (CMC) product type segment in 2022.’’
The demand for carboxymethyl cellulose in construction applications is expected to increase during the forecast period. It is commonly used as an additive in cement and mortar, functioning as a water-retaining agent to enhance workability and consistency while improving adhesion and reducing the risk of cracking. Carboxymethyl cellulose's inclusion in construction applications demonstrates its vital role within the global cellulose ether & derivatives market. Its water-retaining properties, thickening capabilities, binding strength, and rheological control contribute to improved workability, durability, and performance of construction materials.
The demand for carboxymethyl cellulose in the construction application is expected to increase as the construction and infrastructure industry is booming globally.
“North America region has the second largest share in the cellulose ether & derivatives during the forecast period.”
North America is projected to have the second-largest share in cellulose ether & derivatives and will expand significantly by 2028. This dominance is attributed to the rising demand from domestic industries in the region. The North American market for cellulose ether & derivatives is driven by factors such as the growing construction sector, increasing demand for pharmaceutical and personal care products, and the need for functional ingredients in food and beverage formulations. Key players in the market include manufacturers, distributors, and suppliers catering to the diverse needs of industries in the region.
This study has been validated through primary interviews with industry experts globally. These primary sources have been divided into the following three categories:
• By Company Type- Tier 1- 37%, Tier 2- 33%, and Tier 3- 30%
• By Designation- C Level- 33%, Director Level- 27%, Executives- 30% and Others- 10%
• By Region- North America- 22%, Europe- 40%, Asia Pacific - 20%, Latin America- 3%, Middle East & Africa- 15%
The report provides a comprehensive analysis of company profiles:
Prominent companies include The Dow Chemical Company (US), Ashland Global Holdings, Inc. (US), Rayonier Advanced Materials (US), Shin-Etsu Chemical Co., Ltd. (Japan), LOTTE Fine Chemicals (South Korea), DKS Co. Ltd. (Japan), Nouryon Chemical Holdings B.V. (The Netherlands), J.M. Huber Corporation (US), Shandong Head Co., Ltd. (China), Colorcon (US), FENCHEM (China), Lamberti S.p.A. (US), J. RETTENMAIER & SÖHNE GmbH + Co KG (Germany), among others.
Research Coverage
This report covers the global cellulose ether & derivatives market and forecasts the market size until 2028. It includes the following market segmentation- Product Type (Methyl Cellulose & Products, Carboxymethyl Cellulose, HEC, HPC, EC), Application (Construction, Pharmaceutical, Paints & Coatings, Personal Care, Food & Beverage, and Others), & Region (North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America).
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Porter’s Five Forces Analysis, along with the drivers, restraints, opportunities, and challenges, have been discussed in the report. It also provides company profiles and competitive strategies adopted by the major players in the global cellulose ether & derivatives market.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall cellulose ether & derivatives market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
• Analysis of key drivers (Growing applications in end-use industries, Increasing use of carboxymethyl cellulose in mini floatation process), restraints (Emission of HAPs (hazardous air pollutants) during production, Burning and explosion risks), opportunities (Growing pharmaceutical industry, Increasing construction activities, Booming personal care industry), and challenges (Emergence of substitutes in various applications, Water retention issue in cellulose ether due to external factors) influencing the growth of the cellulose ether & derivatives market
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the cellulose ether & derivatives market
• Market Development: Comprehensive information about lucrative markets – the report analyses the cellulose ether & derivatives market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the cellulose ether & derivatives market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like The Dow Chemical Company (US), Ashland Global Holdings, Inc. (US), Rayonier Advanced Materials (US), Shin-Etsu Chemical Co., Ltd. (Japan), LOTTE Fine Chemicals (South Korea), DKS Co. Ltd. (Japan), Nouryon Chemical Holdings B.V. (The Netherlands), J.M. Huber Corporation (US), Shandong Head Co., Ltd. (China), Colorcon (US), FENCHEM (China), Lamberti S.p.A. (US), J. RETTENMAIER & SÖHNE GmbH + Co KG (Germany), Hebei JiaHua Cellulose Co., Ltd. (China), and Zibo Hailan Chemical Co., Ltd. (China), among others in the cellulose ether & derivatives market
Table of Contents
1 INTRODUCTION 39
1.1 STUDY OBJECTIVES 39
1.2 MARKET DEFINITION 39
1.3 INCLUSIONS & EXCLUSIONS 39
1.4 MARKET SCOPE 40
1.4.1 REGIONS COVERED 40
1.4.2 YEARS CONSIDERED 41
1.5 CURRENCY CONSIDERED 41
1.6 UNITS CONSIDERED 41
1.7 LIMITATIONS 41
1.8 STAKEHOLDERS 42
1.9 SUMMARY OF CHANGES 42
1.9.1 IMPACT OF RECESSION 42
2 RESEARCH METHODOLOGY 43
2.1 RESEARCH APPROACH 43
2.2 BASE NUMBER CALCULATION 44
2.2.1 APPROACH 1: SUPPLY-SIDE ANALYSIS 44
2.2.2 APPROACH 2: DEMAND-SIDE ANALYSIS 44
2.3 IMPACT OF RECESSION 45
2.4 FORECAST NUMBER CALCULATION 45
2.4.1 SUPPLY SIDE 45
2.4.2 DEMAND SIDE 45
2.5 RESEARCH DATA 46
2.5.1 SECONDARY DATA 46
- 2.5.1.1 Key data from secondary sources 46
2.5.2 PRIMARY DATA 47
- 2.5.2.1 Key data from primary sources 47
- 2.5.2.2 Primary interviews - top cellulose ether & derivatives manufacturers 47
- 2.5.2.3 Breakdown of primary interviews 48
- 2.5.2.4 Key industry insights 48
2.6 MARKET SIZE ESTIMATION 49
2.6.1 BOTTOM-UP APPROACH 49
2.6.2 TOP-DOWN APPROACH 50
2.7 DATA TRIANGULATION 50
2.8 FACTOR ANALYSIS 51
2.9 ASSUMPTIONS 52
2.10 MARKET GROWTH RATE ASSUMPTIONS/GROWTH FORECAST 52
2.11 LIMITATIONS 53
2.12 RISK ANALYSIS 53
3 EXECUTIVE SUMMARY 54
4 PREMIUM INSIGHTS 57
4.1 CELLULOSE ETHER & DERIVATIVES MARKET SIZE 57
4.2 CELLULOSE ETHER & DERIVATIVES MARKET, BY PRODUCT TYPE AND REGION, 2022 58
4.3 CELLULOSE ETHER & DERIVATIVES MARKET, BY METHYL CELLULOSE & DERIVATIVES APPLICATION, 2022 58
4.4 CELLULOSE ETHER & DERIVATIVES MARKET GROWTH, BY KEY COUNTRY 59
5 MARKET OVERVIEW 60
5.1 INTRODUCTION 60
5.2 MARKET DYNAMICS 61
5.2.1 DRIVERS 61
- 5.2.1.1 Sustainable product offering several advantages 61
- 5.2.1.2 Growing applications in end-use industries 62
- 5.2.1.3 Increasing use of carboxymethyl cellulose in mining industry 63
5.2.2 RESTRAINTS 63
- 5.2.2.1 Emission of hazardous air pollutants during production 63
- 5.2.2.2 Risk of burning and explosions 63
5.2.3 OPPORTUNITIES 64
- 5.2.3.1 Increasing demand from growing pharmaceutical industry 64
- 5.2.3.2 Rapid growth in construction activities 64
- 5.2.3.3 Booming personal care industry 65
- 5.2.3.4 Growth in end-use industries in emerging economies 65
5.2.4 CHALLENGES 66
- 5.2.4.1 Emergence of substitutes in various applications 66
- 5.2.4.2 Water retention due to external factors 66
5.3 PORTER’S FIVE FORCES ANALYSIS 67
5.3.1 BARGAINING POWER OF SUPPLIERS 67
5.3.2 BARGAINING POWER OF BUYERS 68
5.3.3 THREAT OF SUBSTITUTES 68
5.3.4 THREAT OF NEW ENTRANTS 68
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 69
5.4 SUPPLY CHAIN ANALYSIS 69
5.5 TECHNOLOGY ANALYSIS 70
5.6 ECOSYSTEM: CELLULOSE ETHER & DERIVATIVES MARKET 70
5.7 VALUE CHAIN ANALYSIS 71
5.7.1 RAW MATERIAL SELECTION 71
5.7.2 MANUFACTURING 71
5.7.3 DISTRIBUTION & APPLICATION 72
5.8 PRICING ANALYSIS 72
5.8.1 AVERAGE SELLING PRICE OF PRODUCT TYPES OFFERED BY KEY PLAYERS 73
5.8.2 AVERAGE SELLING PRICE ANALYSIS 74
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA 74
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS 74
5.9.2 BUYING CRITERIA 75
5.10 TARIFFS AND REGULATIONS 76
5.11 KEY MARKETS FOR IMPORTS/EXPORTS 77
5.11.1 EXPORT SCENARIO FOR CELLULOSE ETHER & DERIVATIVES 77
5.11.2 IMPORT SCENARIO FOR CELLULOSE ETHER & DERIVATIVES 78
5.12 CASE STUDY ANALYSIS 80
5.13 TRENDS IMPACTING CUSTOMER BUSINESS 81
5.14 PATENT ANALYSIS 81
5.14.1 INTRODUCTION 81
5.14.2 METHODOLOGY 82
5.14.3 DOCUMENT TYPE 82
5.14.4 INSIGHTS 83
5.14.5 LEGAL STATUS OF PATENTS 83
5.14.6 JURISDICTION ANALYSIS 84
5.14.7 TOP APPLICANTS' ANALYSIS 84
5.14.8 PATENTS: DOW GLOBAL TECHNOLOGIES LLC 85
5.14.9 PATENTS: SHIN-ETSU CHEMICAL CO., LTD 86
5.14.10 PATENTS: SE TYLOSE GMBH & CO. KG 86
5.14.11 TOP PATENT OWNERS (US) IN LAST 10 YEARS 87
6 CELLULOSE ETHER & DERIVATIVES MARKET, BY PRODUCT TYPE 88
6.1 INTRODUCTION 89
6.2 METHYL CELLULOSE & DERIVATIVES 91
6.2.1 WIDE USAGE IN FOOD AND PHARMACEUTICAL INDUSTRIES TO DRIVE MARKET 91
6.2.2 METHYL CELLULOSE & DERIVATIVES MARKET, BY REGION 91
6.2.3 METHYL CELLULOSE (MC) 93
6.2.4 HYDROXYPROPYL METHYL CELLULOSE (HPMC) 93
6.2.5 HYDROXYETHYL METHYL CELLULOSE (HEMC) 93
6.2.6 METHYL CELLULOSE & DERIVATIVES MARKET, BY PRODUCT DERIVATIVES 94
6.3 CARBOXYMETHYL CELLULOSE 95
6.3.1 GROWING APPLICATIONS ACROSS INDUSTRIES TO BOOST MARKET 95
6.3.2 CARBOXYMETHYL CELLULOSE MARKET, BY REGION 96
6.4 HYDROXYETHYL CELLULOSE (HEC), HYDROXYPROPYL CELLULOSE (HPC), AND ETHYL CELLULOSE (EC) 97
6.4.1 RISING DEMAND FROM PHARMACEUTICAL INDUSTRY TO FUEL MARKET 97
6.4.2 HYDROXYETHYL CELLULOSE, HYDROXYPROPYL CELLULOSE, AND ETHYL CELLULOSE MARKET, BY REGION 98
6.4.3 HYDROXYETHYL CELLULOSE (HEC) 99
6.4.4 HYDROXYPROPYL CELLULOSE (HPC) 99
6.4.5 ETHYL CELLULOSE (EC) 100
6.4.6 HYDROXYETHYL CELLULOSE, HYDROXYPROPYL CELLULOSE, AND ETHYL CELLULOSE MARKET, BY PRODUCT DERIVATIVES 100
7 CELLULOSE ETHER & DERIVATIVES MARKET, BY APPLICATION 102
7.1 INTRODUCTION 103
7.2 METHYL CELLULOSE & DERIVATIVES MARKET, BY APPLICATION 104
7.2.1 CONSTRUCTION APPLICATION TO DRIVE DEMAND 104
7.3 CARBOXYMETHYL CELLULOSE MARKET, BY APPLICATION 106
7.3.1 INDUSTRIAL APPLICATION TO FUEL DEMAND 106
7.4 HYDROXYETHYL CELLULOSE (HEC) MARKET, BY APPLICATION 109
7.4.1 PAINTS & COATINGS APPLICATION TO BOOST DEMAND 109
7.5 HYDROXYPROPYL CELLULOSE MARKET (HPC), BY APPLICATION 111
7.5.1 PHARMACEUTICAL APPLICATION TO PROPEL MARKET GROWTH 111
7.6 ETHYL CELLULOSE (EC) MARKET, BY APPLICATION 113
7.6.1 ELECTRICAL APPLICATION TO DRIVE MARKET GROWTH 113
8 CELLULOSE ETHER & DERIVATIVES MARKET, BY REGION 116
8.1 INTRODUCTION 117
8.2 NORTH AMERICA 119
8.2.1 IMPACT OF RECESSION ON NORTH AMERICA 120
8.2.2 NORTH AMERICA: CELLULOSE ETHER & DERIVATIVES MARKET, BY PRODUCT TYPE 121
8.2.3 NORTH AMERICA: CELLULOSE ETHER & DERIVATIVES MARKET, BY COUNTRY 122
8.2.4 NORTH AMERICA: METHYL CELLULOSE & DERIVATIVES MARKET, BY COUNTRY 123
8.2.5 NORTH AMERICA: CARBOXYMETHYL CELLULOSE MARKET, BY COUNTRY 124
8.2.6 NORTH AMERICA: HYDROXYETHYL CELLULOSE, HYDROXYPROPYL CELLULOSE, AND ETHYL CELLULOSE MARKET, BY COUNTRY 125
- 8.2.6.1 US 126
- 8.2.6.1.1 Growing construction industry to boost demand 126
- 8.2.6.2 Canada 128
- 8.2.6.2.1 Increasing infrastructure projects to drive market growth 128
- 8.2.6.1 US 126
8.3 EUROPE 130
8.3.1 IMPACT OF RECESSION ON EUROPE 130
8.3.2 EUROPE: CELLULOSE ETHER & DERIVATIVES MARKET, BY PRODUCT TYPE 131
8.3.3 EUROPE: CELLULOSE ETHER & DERIVATIVES MARKET, BY COUNTRY 133
8.3.4 EUROPE: METHYL CELLULOSE & DERIVATIVES MARKET, BY COUNTRY 134
8.3.5 EUROPE: CARBOXYMETHYL CELLULOSE MARKET, BY COUNTRY 136
8.3.6 EUROPE: HYDROXYETHYL CELLULOSE, HYDROXYPROPYL CELLULOSE, AND ETHYL CELLULOSE MARKET, BY COUNTRY 137
- 8.3.6.1 Germany 139
- 8.3.6.1.1 Increasing demand from end-use applications to fuel market 139
- 8.3.6.2 Russia 140
- 8.3.6.2.1 Developments in construction and pharmaceutical industries to fuel market 140
- 8.3.6.3 UK 142
- 8.3.6.3.1 Demand from end-use industries to drive market 142
- 8.3.6.4 France 144
- 8.3.6.4.1 Rising awareness about biodegradable products to drive demand 144
- 8.3.6.5 Turkey 145
- 8.3.6.5.1 Growth in end-use industries to boost demand 145
- 8.3.6.6 Rest of Europe 147
- 8.3.6.6.1 Emerging economies to drive market growth 147
- 8.3.6.1 Germany 139
8.4 ASIA PACIFIC 148
8.4.1 IMPACT OF RECESSION ON ASIA PACIFIC 148
8.4.2 ASIA PACIFIC: CELLULOSE ETHER & DERIVATIVES MARKET, BY PRODUCT TYPE 149
8.4.3 ASIA PACIFIC: CELLULOSE ETHER & DERIVATIVES MARKET, BY COUNTRY 151
8.4.4 ASIA PACIFIC: METHYL CELLULOSE & DERIVATIVES MARKET, BY COUNTRY 152
8.4.5 ASIA PACIFIC: CARBOXYMETHYL CELLULOSE MARKET, BY COUNTRY 154
8.4.6 ASIA PACIFIC: HYDROXYETHYL CELLULOSE, HYDROXYPROPYL CELLULOSE, AND ETHYL CELLULOSE MARKET, BY COUNTRY 155
- 8.4.6.1 China 156
- 8.4.6.1.1 Government initiatives to drive market 156
- 8.4.6.2 Japan 158
- 8.4.6.2.1 Presence of key players to boost demand 158
- 8.4.6.3 India 160
- 8.4.6.3.1 Increasing demand from construction industry to drive market 160
- 8.4.6.4 Indonesia 162
- 8.4.6.4.1 Growing demand from end-use industries to drive market 162
- 8.4.6.5 Rest of Asia Pacific 163
- 8.4.6.5.1 Focus on industrialization in emerging economies to drive demand 163
- 8.4.6.1 China 156
8.5 MIDDLE EAST & AFRICA 165
8.5.1 IMPACT OF RECESSION ON MIDDLE EAST & AFRICA 165
8.5.2 MIDDLE EAST & AFRICA: CELLULOSE ETHER & DERIVATIVES MARKET, BY PRODUCT TYPE 166
8.5.3 MIDDLE EAST & AFRICA: CELLULOSE ETHER & DERIVATIVES MARKET, BY COUNTRY 167
8.5.4 MIDDLE EAST & AFRICA: METHYL CELLULOSE & DERIVATIVES MARKET, BY COUNTRY 168
8.5.5 MIDDLE EAST & AFRICA: CARBOXYMETHYL CELLULOSE MARKET, BY COUNTRY 170
8.5.6 MIDDLE EAST & AFRICA: HYDROXYETHYL CELLULOSE, HYDROXYPROPYL CELLULOSE, AND ETHYL CELLULOSE MARKET, BY COUNTRY 171
- 8.5.6.1 UAE 173
- 8.5.6.1.1 Significant demand from end-use industries to fuel market 173
- 8.5.6.2 Saudi Arabia 174
- 8.5.6.2.1 Growing economy to boost demand 174
- 8.5.6.3 South Africa 176
- 8.5.6.3.1 Government initiatives to drive market growth 176
- 8.5.6.4 Rest of Middle East & Africa 177
- 8.5.6.4.1 Demand from end-use industries to drive market 177
- 8.5.6.1 UAE 173
8.6 LATIN AMERICA 179
8.6.1 IMPACT OF RECESSION ON LATIN AMERICA 179
8.6.2 LATIN AMERICA: CELLULOSE ETHER & DERIVATIVES MARKET, BY PRODUCT TYPE 180
8.6.3 LATIN AMERICA: CELLULOSE ETHER & DERIVATIVES MARKET, BY COUNTRY 181
8.6.4 LATIN AMERICA: METHYL CELLULOSE & DERIVATIVES MARKET, BY COUNTRY 182
8.6.5 LATIN AMERICA: CARBOXYMETHYL CELLULOSE MARKET, BY COUNTRY 184
8.6.6 LATIN AMERICA: HYDROXYETHYL CELLULOSE, HYDROXYPROPYL CELLULOSE, AND ETHYL CELLULOSE MARKET, BY COUNTRY 185
- 8.6.6.1 Brazil 186
- 8.6.6.1.1 Growing economy to significantly boost market 186
- 8.6.6.2 Mexico 188
- 8.6.6.2.1 Rising private investments to propel market growth 188
- 8.6.6.3 Rest of Latin America 190
- 8.6.6.3.1 Investment opportunities for manufacturers to drive market 190
- 8.6.6.1 Brazil 186
9 COMPETITIVE LANDSCAPE 192
9.1 INTRODUCTION 192
9.2 MARKET SHARE ANALYSIS 192
9.3 MARKET RANKING 193
9.4 REVENUE ANALYSIS OF TOP MARKET PLAYERS 194
9.5 COMPANY EVALUATION MATRIX 195
9.5.1 STARS 198
9.5.2 PERVASIVE PLAYERS 198
9.5.3 PARTICIPANTS 198
9.5.4 EMERGING LEADERS 198
9.6 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 200
9.7 SMALL AND MEDIUM-SIZED ENTERPRISES (SME) EVALUATION MATRIX 201
9.7.1 PROGRESSIVE COMPANIES 201
9.7.2 RESPONSIVE COMPANIES 201
9.7.3 DYNAMIC COMPANIES 201
9.7.4 STARTING BLOCKS 201
9.8 MARKET EVALUATION FRAMEWORK 203
10 COMPANY PROFILES 205
10.1 KEY COMPANIES 205
10.1.1 THE DOW CHEMICAL COMPANY 205
10.1.2 SHIN-ETSU CHEMICAL CO., LTD 208
10.1.3 LOTTE FINE CHEMICALS 211
10.1.4 ASHLAND GLOBAL HOLDINGS, INC 214
10.1.5 RAYONIER ADVANCED MATERIALS 218
10.1.6 DKS CO. LTD 221
10.1.7 NOURYON CHEMICALS HOLDING B.V 223
10.1.8 J.M. HUBER CORPORATION 226
10.1.9 SHANDONG HEAD CO., LTD 228
10.1.10 COLORCON 230
10.1.11 LAMBERTI S.P.A 232
10.1.12 J. RETTENMAIER & SOHNE GMBH + CO KG 234
10.1.13 FENCHEM 236
10.1.14 HEBEI JIAHUA CELLULOSE CO., LTD 238
10.1.15 ZIBO HAILAN CHEMICAL CO., LTD 239
10.2 OTHER COMPANIES 241
10.2.1 TAIAN RUITAI CELLULOSE CO., LTD 241
10.2.2 RELIANCE CELLULOSE PRODUCTS LIMITED 242
10.2.3 SICHUAN NITROCELL CORPORATION 243
10.2.4 HENAN BOTAI CHEMICAL BUILDING MATERIAL CO., LTD 244
10.2.5 AMTEX CORP SA DE CV 245
10.2.6 CHANGSHU WEALTHY SCIENCE AND TECHNOLOGY CO., LTD 246
10.2.7 JIANGSU SHANGYONG NEW MATERIAL CO., LTD 247
10.2.8 CELOTECH CHEMICAL CO., LTD 247
10.2.9 SIDLEY CHEMICAL CO., LTD 248
10.2.10 ZHEJIANG KEHONG CHEMICAL CO., LTD 248
10.2.11 HUZHOU MIZUDA HOPE BIOSCIENCE CO., LTD 249
10.2.12 HEBEI HAOSHUO CHEMICAL CO., LTD 249
10.2.13 HEBEI SHENGXING TECHNOLOGY CO., LTD 250
10.2.14 SHANDONG LIAOCHENG E HUA PHARMACEUTICAL CO., LTD 251
10.2.15 YIXING LUTRON NEW MATERIAL TECH CO., LTD 252
11 APPENDIX 253
11.1 DISCUSSION GUIDE 253
11.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 256
11.3 CUSTOMIZATION OPTIONS 258
11.4 RELATED REPORTS 258
11.5 AUTHOR DETAILS 259