Microcrystalline Cellulose Market Size by Trends, Segmentation, Top Key Players, Growth and Forecast To 2022-2031

Microcrystalline cellulose (MCC) is used as binder, thickening agent, suspension agent, and bulking agent in a variety of application such as food & beverages, pharmaceutical, cosmetics & personal care, and others. This report on the global MCC market covers all major regions such as Asia-Pacific, Europe, North America, and Rest of the World. The report analyzes the market trends and provides forecasts from 2022 to 2031. Market estimations have been provided in terms of consumption volume (kiloton) and value (USD million).

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The report analyzes the market dynamics such as drivers, restraints, opportunities, and winning imperatives. Major companies profiled in this report are FMC Corporation (U.S.), DuPont (U.S.), Blanver Farmoquimica Ltda. (Brazil), JRS Pharma (Germany), Avantor Performance Materials (U.S.), Asahi Kasei Corporation (Japan), Mingtai Chemical Co. Ltd. (Taiwan), and Sigachi Industries Pvt. Ltd. (India), among others. The report also provides the analysis of competitive landscape based on the recent developments in the market.

For this report, various secondary sources such as chemical magazines, encyclopedia, directories, technical handbooks, company annual reports, industry association publications, articles, trade websites, and databases have been referred to identify and collect information useful for this extensive commercial study of global MCC market. The primary sources – experts from related industries and suppliers – have been interviewed to obtain and verify critical information as well as to assess the future prospects.

The MCC market is highly fragmented with the presence of a large number of global and regional manufacturers. The production of MCC is largely concentrated in Asia-Pacific and Europe. The production of MCC has been shifting to Asia-Pacific, particularly China, due to the low cost of raw materials and cheap labor in the region.

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The applications of MCC are food & beverages, pharmaceutical, cosmetics & personal care, and others. Increased acceptance of MCC as an excipient and the growth of the global pharmaceutical industry is driving the growth of the global MCC market. Moreover, increase in the demand of low fat food and processed food is expected to drive the global MCC market in the food & beverage industry. On the basis of raw material source, the MCC market is segmented into wood and non-wood based. According to the market trend analysis, there is an increase in demand for non-wood based MCC.

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

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