Global Microfibrillated Cellulose (MFC) Fiber Market Scenario Highlighting Major Drivers & Trends, 2018 - 2028 | Key Players - BORREGAARD , Daicel FineChem , Stora Enso Oyj , SAPPI , Norkse Skog , FiberLean Technologies Limited , CelluComp Ltd , Zelfo Tec
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Including FiberLean, Borregard, Stora Enso, Daicel FineChem. Ltd. and Norske Skog are top 5 market players. While FiberLean Technologies continues to remain the market front-runner, Norke Skog is a contender in the MFC fiber market along with other emerging players such as CelluComp Ltd. and J. RETTENMAIER & Söhne Group competing to increase their market share.
A Good Competitive Price Point Helps MFC Fiber Market to Flourish
Microfibrillated cellulose is extracted from plant waste making the raw material cost-effective for the final MFC fiber production. In addition, the MFC fiber marketplace has witnessed a significant evolution in terms of processing and production methods applied.
With the inclusion of new sources, novel pre- and post-treatment and new mechanical processes, a significant optimization has been established in MFC fiber production. With the advanced yet feasible mode of production and easy accessibility of raw materials, the MFC fibers are available at competitive prices suitable for multiple end-use applications.
Packaging Industry and MFC Fiber Manufacturers’ Collaborations Boost Market Growth
Ongoing trends such as clean label and sustainable production have led packaging manufacturers to seek raw materials that deliver better performance at an affordable cost. Product performance can be increased to 15-20% in terms of strength with the use of just 1% of MFC fibers in packaging material.
Superior material quality in terms of oxygen and moisture barriers allows the use of MFC fibers as film, nanocomposites and paper coatings across the packaging industry. Manufacturers can receive premium product quality with the use of less material and superior functions, thereby lowering overall production cost.
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Bio-Based Materials –A Changing Industrial Landscape Befits MFC Fiber Market Growth
Microfibrillated cellulose (MFC) fiber is a renewable and biodegradable material. Sustainability of microfibrillated cellulose fibers is ensured by its non-food and non-land competing nature. Industries such as paper and packaging are increasingly utilizing renewable and biodegradable materials such as MFC fibers. Further, beneficial properties of MFC fiber augurs well for end-users in achieving light-weight and stronger paper and packaging solutions.
Aware of these demand trends across industries, manufacturers in the MFC fiber market have ramped up their production capacities of MFC fiber. Apart from paper and packaging industry, increasing application of high quality MFC fiber in cosmetics and pharmaceutical industries has led manufacturers to focus on expanding their existing portfolio of MFC fibers.
The competitive landscape section of the MFC fiber market report provides a dashboard view of the MFC fiber market players. Further, in the company profiles section, the MFC fiber market report thoroughly discusses product offerings, global market presence, revenue share and notable business strategies undertaken by key market players.
Manufacturers in the MFC fiber marketplace are leveraging strategies such as expansion, acquisition and partnership strategies. For instance, in April 2018, Borregaard, a leader in the MFC fiber market partnered with HORN, North America’s leading distributor of specialty ingredients. The partnership is aimed at expanding distribution of Borregaard’s Exilva® MFC fiber in West and Southwest of the U.S.
Few of the profiled players in the MFC fiber market are Daicel FineChem. Ltd., Fibria (Suzano Brazil), SAPPI, FiberLean Technologies Limited, CelluComp Ltd., Zelfo Technologies GmbH, Weidmann Fiber Technology, Nippon Paper, J. RETTENMAIER & Söhne Group and InoFib.
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