Microcrystalline Cellulose (MCC) - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Microcrystalline Cellulose (MCC) Market accounted for $876.76 million in 2018 and is expected to reach $1,904.22 million by 2027 growing at a CAGR of 9.0% during the forecast period. Emerging pharmaceutical industry, expansion in the processed food business, and rise in disposable income of population in developing nations are the key factors boosting the market growth. However, the availability of substitute products is restricting the market growth.
Microcrystalline cellulose is moderately depolymerized cellulose in unadulterated form, which is made from cellulose originator. There are quite a few ways to synthesize microcrystalline cellulose such as reactive extrusion, steam explosion and enzyme mediated synthesis.
By Application, the Pharmaceutical segment is likely to have a huge demand during the forecast period. MCC is a fundamental element that is used in all forms of oral dosage, which includes pellets, tablets, capsules, and sachets. It is increasingly being used in swift release tablets & liquid dosage forms, sustained-release multi-particulates & matrix tablets dosage forms, topical formulations, and chewable & effervescent tablets. Based on geography, Europe is going to have a lucrative growth during the forecast period owing to the rising investments in drug development and the uninterrupted efforts of pharmaceutical companies to provide superior-quality products.
Some of the key players profiled in the Microcrystalline Cellulose (MCC) Market include Asahi Kasei Chemicals Corporation, Dupont, Avantor Performance Materials Inc, DFE Pharma GmbH & Co KG, Accent Microcell Pvt Ltd, Roquette, JRS Pharma GmbH & Co Kg, Huzhou City Linghu Xinwang Chemical Co Ltd, Mingtai Chemical Co Ltd, Gujarat Microwax Limited , Ranq Remedies Pvt Ltd Rayonier Advanced Materials, Foodchem International Corporation, Anhui Sunhere Pharmaceutical Excipients Co Ltd, and Sigachi Industrial Pvt Ltd
Source Types Covered:
• Non-wood Based
• Wood Based
• Paints & Coatings
• Food & Beverage
• Cosmetics & Personal Care
• Cement & Ceramics
• Welding Electrodes
• Oil & Gas Refineries
• Other Applications
Sales Channels Covered:
• Manufacturer/Distributor/Service Provider
End Users Covered:
• Anti-Caking Agent
• Bulking agent
• Other End Users
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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- Supply chain trends mapping the latest technological advancements
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