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Microcrystalline Cellulose Market SWOT analysis, Growth, Share, Size and Demand outlook by 2031 | Key Players Names: DowDuPont, Rayonier Advanced Material FMC Corporation
Global Microcrystalline Cellulose Market report from Global Insight Services is the single authoritative source of intelligence on Microcrystalline Cellulose Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.Microcrystalline cellulose is a type of cellulose that is derived from wood pulp. It is used as a filler and binding agent in various pharmaceutical and food products. Microcrystalline cellulose is a white, powdery substance that is insoluble in water and has a high degree of purity. It is commonly used as a filler in tablets and capsules, and as a binding agent in creams and lotions. Microcrystalline cellulose can also be used as a food additive to improve the texture of various products.
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Key Trends
MCC has a number of advantages over other types of cellulose. It is very pure, with few impurities, and it is relatively inexpensive. In addition, MCC is extremely versatile and can be used in a wide variety of applications.
MCC is commonly used as a filler or extender in food, pharmaceuticals, and cosmetics. It is often used to bulk up products or to add texture. MCC is also used as an anti-caking agent, to prevent products from clumping together.
MCC is also becoming increasingly popular as a sustainable and environmentally friendly alternative to other materials. It is biodegradable and can be sourced from renewable materials. MCC is also non-toxic and does not release harmful chemicals into the environment.
The demand for MCC is expected to continue to grow in the coming years, as more companies look for sustainable and environmentally friendly alternatives to traditional materials.
Key Drivers
The global MCC market is driven by the growing demand for pharmaceutical and food applications. The pharmaceutical industry is the major consumer of MCC, due to its use as a filler and binder in tablets and capsules. The food industry is the second-largest consumer of MCC, due to its use as an ingredient in food products.
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The MCC market is also driven by the growing demand for cosmetics. MCC is used as an ingredient in cosmetics, due to its ability to absorb oil and grease.
The MCC market is restrained by the high cost of production. MCC is produced from softwood pulp, which is a costly raw material.
Market Segmentation
The Microcrystalline Cellulose Market is segmented by source type, application, and region. By source type, the market is classified into wood base and non-wood based. By application, the market is divided into pharmaceutical, food & beverage, cosmetics & personal care, and others. By region, the market is classified into North America, Europe, Asia-Pacific and rest of the world.
Key Players
The key players in the Microcrystalline Cellulose Market are DowDuPont, Rayonier Advanced Material FMC Corporation, Asahi Kasei Chemicals Corporation, Roquette, DFE Pharma GmbH & Co.KG, Accent Microcell Pvt. Ltd, JRS PHARMA GmbH & Co. KG, Sigachi Industries Pvt. Ltd and Ming Tai Chemical Co. Ltd.
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