Microcrystalline Cellulose Market by Application, by Raw Material Source and by Region - Trends & Forecasts to 2020

Dec 23, 2015, 12:50 ET from Reportlinker

NEW YORK, Dec. 23, 2015 /PRNewswire/ -- 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 2015 to 2020. Market estimations have been provided in terms of consumption volume (kiloton) and value (USD million).

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.

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.

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