The Global Ionic Hydroxypropyl Starch Ether Market was valued at US$ 238.5 Million in 2025 and is projected to reach US$ 342.1 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2025–2034). This robust growth is primarily driven by increasing demand from the construction sector for advanced mortar admixtures, the expanding food and beverage industry requiring high-performance stabilizers, and the pharmaceutical industry’s need for safe and effective excipients.
As industries worldwide pivot towards sustainable and high-performance bio-based additives, the focus intensifies on the key manufacturers pioneering the development and supply of Ionic Hydroxypropyl Starch Ether (HPS). This versatile, non-toxic, and biodegradable polymer is revolutionizing applications from building materials to food products. In this blog, we profile the Top 10 Companies in the Ionic Hydroxypropyl Starch Ether Industry—a blend of global ingredient leaders and specialized chemical innovators shaping the future of this dynamic market.
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🔟 1. Ingredion Incorporated
Headquarters: Westchester, Illinois, USA
Key Offerings: Food Grade HPS, Pharma Grade HPS, Specialty Starches
Ingredion is a global leader in ingredient solutions, offering a wide portfolio of starches and starch derivatives, including high-purity Ionic Hydroxypropyl Starch Ether. The company serves diverse industries with a strong emphasis on clean-label and functional ingredients, leveraging its extensive R&D capabilities to develop customized HPS solutions for specific application needs.
Innovation and Sustainability Focus:
- Investment in bio-based and sustainable ingredient technologies
- Development of high-performance HPS for low-fat food formulations and controlled-release pharmaceuticals
- Global production footprint ensuring supply chain reliability
9️⃣ 2. AGRANA Beteiligungs-AG
Headquarters: Vienna, Austria
Key Offerings: Food Grade HPS, Industrial Starches, Fruit Preparations
AGRANA is a leading European producer of starch-based products, with a significant presence in the Ionic Hydroxypropyl Starch Ether market. The company utilizes renewable raw materials to produce high-quality HPS, catering primarily to the food industry as a thickener and stabilizer, while also serving niche industrial applications.
Innovation and Sustainability Focus:
- Focus on circular economy principles in starch processing
- Expansion of application-specific HPS grades for dairy and convenience foods
- Strong commitment to reducing the environmental footprint of its operations
8️⃣ 3. Royal AVEBE BA
Headquarters: Veendam, Netherlands
Key Offerings: Potato-based HPS, Specialty Potato Starches, Bio-based Polymers
AVEBE is a global cooperative and a major player in potato starch and derivatives. The company produces high-quality Ionic Hydroxypropyl Starch Ether from non-GMO potato starch, known for its consistent performance and purity. AVEBE’s HPS is widely used in food, pharma, and technical applications.
Innovation and Sustainability Focus:
- Pioneering in potato starch biotechnology and modification processes
- Development of novel HPS functionalities for texture and moisture control
- Sustainable sourcing from member potato growers
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Ionic Hydroxypropyl Starch Ether Market – View in Detailed Research Report
7️⃣ 4. MIKEM Chemical
Headquarters: Shandong, China
Key Offerings: Industrial Grade HPS, Construction Chemical Additives
MIKEM is a prominent Chinese manufacturer specializing in chemical additives for the construction industry. The company is a key supplier of Ionic Hydroxypropyl Starch Ether used as a water-retention agent and workability enhancer in tile adhesives, plasters, and self-leveling compounds.
Innovation and Sustainability Focus:
- Focus on cost-effective HPS solutions for the booming Asian construction market
- R&D aimed at improving the compatibility of HPS with other construction chemicals
- Expanding production capacity to meet growing domestic and international demand
6️⃣ 5. EMSLAND-STÄRKE GmbH
Headquarters: Emilchoff, Germany
Key Offerings: Food Grade HPS, Native and Modified Potato Starches
EMSLAND is a leading European producer of potato starch and its derivatives. The company offers high-quality Ionic Hydroxypropyl Starch Ether that meets rigorous food safety standards, making it a preferred choice for European food manufacturers seeking reliable texture modifiers and stabilizers.
Innovation and Sustainability Focus:
- Emphasis on producing consistent, high-purity HPS for sensitive applications
- Investment in energy-efficient and environmentally friendly production processes
- Strong customer technical support and application development services
5️⃣ 6. Yiteng New Material Co., Ltd.
Headquarters: Shandong, China
Key Offerings: HPS for Construction, Industrial Grade Ethers
Yiteng New Material is a specialized Chinese chemical company with a strong focus on cellulose and starch ethers. The company has carved a significant niche in the Ionic Hydroxypropyl Starch Ether market by providing effective additives for dry-mix mortars and other building material applications.
Innovation and Sustainability Focus:
- Development of tailored HPS blends for specific construction formulations
- Competitive pricing strategy targeting price-sensitive markets
- Continuous improvement of product quality and batch-to-batch consistency
4️⃣ 7. YouFu Chemical
Headquarters: Hebei, China
Key Offerings: Ionic Hydroxypropyl Starch Ether, Redispersible Polymer Powder
YouFu Chemical is a key manufacturer in the Asian market, producing a range of chemical additives for construction. The company’s Ionic Hydroxypropyl Starch Ether is widely used to improve the water retention and open time of cement-based materials, contributing to better workability and final strength.
Innovation and Sustainability Focus:
- R&D focused on enhancing the performance of HPS in extreme climatic conditions
- Strategic partnerships with construction material producers
- Expanding export operations to Southeast Asia and the Middle East
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Ionic Hydroxypropyl Starch Ether Market – View in Detailed Research Report
3️⃣ 8. Guangda Group
Headquarters: