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Microcrystalline Cellulose Market

Microcrystalline Cellulose Market Forecasts to 2028 – Global Analysis By Form (Amorphous, Crystallized), Application (Bulking Agent, Stabilizer), End User (Food & Beverage, Pharmaceutical) and By Geography

4.3 (62 reviews)
Published: November 2021 ID: SMRC21188
4.3 (62 reviews)
Published: November 2021 ID: SMRC21188

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Microcrystalline Cellulose Market is accounted for $1,013.35 million in 2020 and is expected to reach $2,019.17 million by 2028 growing at a CAGR of 9.0% during the forecast period. Increasing demand for processed food, growing pharmaceutical industry and high growth in emerging economies are driving the market growth. However, price volatility and availability of substitute products are hampering the growth of the market.

Microcrystalline cellulose is purified and partially depolymerised cellulose in a pure form. Microcrystalline cellulose include purified, de-polymerized and sub-micron size colloidal particles. It is synthesized by treating alpha-cellulose with mineral acids. There are several ways to synthesize microcrystalline cellulose such as reactive extrusion, acid hydrolysis, steam explosion and enzyme mediated synthesis.

Based on the end user, the cosmetics & personal care segment is going to have lucrative growth during the forecast period as it is widely used for a variety of cosmetics & personal care products including bath, hair, eye & facial makeup, skincare and shaving products. Based manufacturers are using technologies to augment MCC in personal care products in the form of peeling enzyme wash, foaming enzyme powder, and exfoliating body scrub.

By geography, Europe is going to have high growth during the forecast period due to the growing investments in the production of medicines; economic recovery and an improvement in the employment rate are the growth drivers for the region's processed food industry, which in turn encourages the growth of microcrystalline cellulose market in the region.

Some of the key players profiled in the Microcrystalline Cellulose Market include Asahi Kasei Chemicals Corporation, JRS Pharma GmbH & Co. Kg, Gujarat Microwax Limited,   Huzhou City Linghu Xinwang Chemical Co., Ltd, Rayonier Advanced Materials, DFE Pharma GmbH & Co.Kg, Avantor Performance Materials Inc., Sigachi Industrial Pvt. Ltd., Foodchem International Corporation, Anhui Sunhere Pharmaceutical Excipients Co., Ltd, Accent Microcell Pvt. Ltd, Ranq Remedies Pvt. Ltd and Maple Biotech Pvt Ltd.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 1,013.35 million

Estimated Period:

2020

Compound Annual Growth Rate (CAGR)  from 2020 to 2028:

9.0%

Predicted 2028 Value:

USD 2,019.17 million

Forecast Years:

2021-2028

Tables, Graphs & Figures

239

Chapters Covered:

Form, Source Type, Application, Route of Synthesis, End User and Region

Core Drivers and Opportunities:

  • Increasing demand for processed food
  • Growing pharmaceutical industry
  • High growth in emerging economies

Restraining Factors & Market Threats:

  • Price volatility and availability of substitute products


Forms Covered:
• Amorphous
• Crystallized

Source Types Covered:
• Refined Cotton Based
• Wood Based
• Non-Wood Based

Applications Covered:
• Bulking Agent
• Stabilizer
• Welding Electrodes
• Chromatography
• Binder/Diluent
• Emulsifiers
• Paints & Coatings
• Cement & Ceramic
• Rubber

Route of Synthesis Covered:
• Ultrasonication
• Reactive Extrusion
• Acid Hydrolysis
• Enzyme Mediated
• Steam Explosion
• Mechanical Grinding

End Users Covered:
• Cosmetics & Personal Care
• Oil & Gas Refineries
• Food & Beverage
• Pharmaceutical

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Microcrystalline Cellulose Market is majorly driven by the increasing demand for processed food, growing pharmaceutical industry and high growth in emerging economies.

The cosmetics & personal care segment is growing at a highest CAGR as it is widely used for a variety of cosmetics & personal care products including bath, hair, eye & facial makeup, skincare and shaving products.

Europe dominated with a significant market share due to the growing investments in the production of medicines; economic recovery and an improvement in the employment rate are the growth factors for the region's processed food industry, which in turn encourages the growth of microcrystalline cellulose market.

Asia Pacific market is growing at a highest CAGR owing to the increasing demand for pharmaceutical products. Furthermore, the high demand for low fat dairy products in the region is expected to boost the growth of the market.

Key players in Microcrystalline Cellulose Market include Asahi Kasei Chemicals Corporation, JRS Pharma GmbH & Co. Kg, Gujarat Microwax Limited, Huzhou City Linghu Xinwang Chemical Co., Ltd, Rayonier Advanced Materials, DFE Pharma GmbH & Co.Kg, Avantor Performance Materials Inc., Sigachi Industrial Pvt. Ltd., Foodchem International Corporation, Anhui Sunhere Pharmaceutical Excipients Co., Ltd, Accent Microcell Pvt. Ltd, Ranq Remedies Pvt. Ltd and Maple Biotech Pvt Ltd.

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