Microcrystalline Cellulose Market By Material Type (Wood Based, Non-Wood Based) Application (Pharmaceuticals, Cosmetics & Personal Care, Food & Beverages, Paints & Coatings, Others) - Global Industry Analysis & Forecast to 2025
Industry Outlook and Trend Analysis
The Microcrystalline Cellulose Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. Microcrystalline cellulose is partly depolymerized cellulose in unadulterated form, which is combined from - cellulose precursor. There are a few different ways to blend microcrystalline cellulose, for example, acid hydrolysis, reactive extrusions, enzyme mediated and steam explosion combination. Microcrystalline cellulose has extensive scale applications in several industries. In the food & beverage industry, microcrystalline cellulose is added to the prepared sustenance to make a smooth and creamy mouth feel.
Drivers and Restraints
Development in consumption of processed food products over the globe significantly drives the microcrystalline cellulose market. Rising usage of handled sustenance has expanded the utilization of microcrystalline cellulose as an additive, which thus helps the market development. Additionally, usage of pharmaceutical products, for example, capsules and tablets, is anticipated to fuel the interest for microcrystalline cellulose. Nonetheless, unpredictable costs and accessibility of substitute products have limited the market development.
Regional Insights
The North America market is one of the main buyers of microcrystalline cellulose; notwithstanding, amid the appraisal time frame, China and India are anticipated to develop as rewarding areas for development, driven by increasing discretionary income and quick urbanization.
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific
South America
Brazil
Argentina
Columbia
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA
Competitive Analysis
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Asahi Kasei Corporation
Mingtai Chemical Co
Accent Microcell Pvt. Ltd
NB Entrepreneurs
DFE Pharma
DowDupont Inc
Roquette Frères
NB Entrepreneurs
JRS Pharma
Pharmatrans-Sanaq AG
Wei Ming Pharmaceutical Mfg
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?