Microcrystalline Cellulose (MCC) Market Insights
Microcrystalline Cellulose (MCC) Market is likely to witness an impressive CAGR of 8.2% during the forecast period. The global MCC market is majorly driven by the growing demand for processed food and rising production of pharmaceutical and cosmetic & personal care products.
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Microcrystalline Cellulose (MCC) Market - Snapshot
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Growth
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8.2% for the next five years
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Major Source Type
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Wood-based
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Dominant Application Type
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Pharmaceutical application
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Region with the highest demand
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Europe
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Key Players
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Asahi Kasei Chemicals Corporation, Avantor Performance Materials Inc., Accent Microcell Pvt. Ltd., Anhui Sunhere Pharmaceutical Excipients Co., Ltd., DFE Pharma GmbH & Co.Kg, The Dow Chemical Company, Foodchem International Corporation, Gujarat Microwax Limited, Huzhou City Linghu Xinwang Chemical Co., Ltd., and JRS Pharma GmbH & Co. Kg.
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Market Share Analysis
Microcrystalline Cellulose (MCC) Market Share: By Source Type
Based on the source type, the market is segmented as wood-based and non-wood based. The wood-based segment dominated the market in 2018, in terms of both value and volume, and is expected to maintain its dominance during the forecast period. The chemical properties of MCC yielded from various wooden sources differ owing to the variance in the composition of alpha-cellulose in different kinds of wood obtainable. Commercially available MCC is largely formed from wood-based sources.
Microcrystalline Cellulose (MCC) Market Share: By Application Type
Based on the application type, the market is segmented as food & beverage, pharmaceutical, cosmetics & personal care, and others. The pharmaceutical application segment dominated the market in 2018, and it is likely to lead the market in the coming five years as well.
Microcrystalline Cellulose (MCC) Market Share: By Region
In terms of regions, Europe accounted for the largest market for MCC in 2018. The market is majorly driven by the rising investments in drug development and the incessant efforts of the pharmaceutical companies to deliver premium-quality products. Further, the economic repossession and the rise in the employment rate are the prime factors for growth of the processed-food industry in the region, which in turn, corroborates the development of the market in the food & beverage application. North America and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.
Microcrystalline Cellulose (MCC) Market: Key Players
Some of the major players in the microcrystalline cellulose market are Asahi Kasei Chemicals Corporation, Avantor Performance Materials Inc., Accent Microcell Pvt. Ltd., Anhui Sunhere Pharmaceutical Excipients Co., Ltd., DFE Pharma GmbH & Co.Kg, The Dow Chemical Company, Foodchem International Corporation, Gujarat Microwax Limited, Huzhou City Linghu Xinwang Chemical Co., Ltd., and JRS Pharma GmbH & Co. Kg.
Market Scope & segmentation
Microcrystalline Cellulose (MCC) mainly refers to the wood pulp that is refined in nature and is used in different applications such as an anti-caking agent, extender, and many others.
Microcrystalline Cellulose (MCC) now is also available as a non-wooden base along with the wooden base. Food & beverage, pharmaceutical, cosmetics, and others are the industries where it is used.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Microcrystalline Cellulose (MCC) Market Report - Features
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Market Segmentation
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3
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Regions Covered
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4
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Countries/Sub-Regions Covered
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15
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No. of Figures & Tables
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>150
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Company Profiles
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10
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The microcrystalline cellulose (MCC) market is segmented into the following categories.
Microcrystalline Cellulose Market Size, Share & Forecast, by Source Type:
- Wood-Based (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Non-Wood Based (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Microcrystalline Cellulose Market Size, Share & Forecast, by Application Type:
- Food & Beverage (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Pharmaceutical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Cosmetics & Personal Care (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Microcrystalline Cellulose Market Size, Share & Forecast, by Region:
- North America (Country Analysis: the USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
- Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
- Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
Research Methodology
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to 3 players)
- SWOT analysis of key players (up to 3 players)
Market Segmentation
- Current market segmentation of any one of the source types by application type.
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
