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HPMC is a cellulose ether that is water-soluble and non-ionic. It is derived from cellulose, the most abundant polymer on Earth, through a series of chemical reactions. HPMC is often used as a thickening agent, a binder, a film former, and in controlled release drug delivery systems. It is also used in the construction industry as a cement additive and in the food industry as a stabilizer.

Global demand for HPMC has been steadily increasing due to its widespread use in various industries. This has led to increased competition among manufacturers, which in turn has put downward pressure on prices This has led to increased competition among manufacturers, which in turn has put downward pressure on prices This has led to increased competition among manufacturers, which in turn has put downward pressure on prices This has led to increased competition among manufacturers, which in turn has put downward pressure on priceshydroxypropyl methylcellulose price. However, supply chain disruptions, such as transportation issues or changes in government regulations, can cause temporary shortages and lead to price spikes.

In the pharmaceutical industry, HPMC is widely used as a coating agent for tablets and capsules. It helps to improve the appearance and stability of the dosage form, as well as protect the active ingredients from degradation. HPMC coatings can also control the release of the drug, allowing for a more controlled and sustained release over time. Additionally, HPMC is used as a binder in tablet formulations, helping to hold the ingredients together and improve the tablet's mechanical strength.