Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Hydroxypropyl methylcellulose capsules market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Hydroxypropyl methylcellulose capsules industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Hydroxypropyl methylcellulose capsules industry to benefit clients and increase the market sector. In recent years, the Hydroxypropyl methylcellulose capsules industry has offered some of the most significant advantages to medicine.
Major players in the Hydroxypropyl methylcellulose capsules market, including ACG Worldwide Pvt., Ltd., BioCaps Enterprise, Bright Caps GmbH, Bright Pharmacaps Inc., Capscanada Corporation, Capsugel, Inc., Excellent Health Products Co., Ltd., Farmacapsulas S.A., Healthcaps India Limited, Natural Capsules Ltd., Qualicaps, Inc., Shanghai Honest Chem Co., Ltd., Shaoxing Kangke Capsule Co., Ltd., Suheung Co Ltd., Sunil Healthcare, Wuhan Carma Technology Co., Ltd, Zhejiang Yuexi Capsule Co., Ltd. and others, are attempting to increase market demand by investing in research and development operations.
NCL, headquartered in Bangalore, primarily manufactures Empty Hard Gelatin Capsule (EHGC) shells and Empty Hard Cellulose Capsule (EHCC) shells. The company has one manufacturing unit in Bangalore and another in Pondicherry with an aggregate capacity of 7.2 billion capsule shells per annum and caters to both domestic and international markets.
NCL's product mix comprises various capsule shells such as Hard Gelatin Capsule Shells, Hard Cellulose Capsule Shells, BSE/TSE Free Gelatin Capsule Shells, Shiny Gelatin Capsule Shells, SLS free Gelatin Capsule Shells, Halal Certified Gelatin Capsule Shells, Fortified Gelatin Capsule Shells, Sweet Gelatin Capsule Shells and Fast Release Gelatin Capsule Shells, among others. Going forward, it plans to set up a third manufacturing unit and diversify into API manufacturing.
Shanghai Honest Chem Co., Ltd., which was established in 2002 and operates under the motto "Faith to success," has since provided both domestic and international customers with high-quality products and attentive service. Shanghai are professional of producing cellulose products, such as Hydroxypropyl Methyl Cellulose (HPMC), Methyl Cellulose (MC), Hydroxyethylmethyl Cellulost (HEMC), Polyvinyl Alcohol Hydroxyethyl Cellulose (HEC), Carboxy methylcellulose Sodium(CMC),Ethyl Cellulose (EC),Re-dispersible Emulsion Powder (RDP), Polyanionic Cellulose (PAC), Polyanionic Cellulose (PAC). It is heavily utilized by the building, industrial, painting, food, ceramic, and other industries.