The global microcrystalline cellulose (MCC) market is moderately fragmented owing to the presence of a large number of players, states Transparency Market Research in its new study. Key players operating in the global microcrystalline cellulose market are focusing on expansion strategies. Thus, many players are entering into agreements, partnerships, collaborations, and mergers to strengthen their position in the market. Some of the key players operating in the MCC market are Mingtai Chemical Co., Ltd., Asahi Kasei Corporation, J. Rettenmaier & Soehne GmbH + Co KG, Blanver Farmoquimica LTDA, Accent Microcell Pvt. Ltd., FMC Corporation, Juku Orchem Private Limited, DFE Pharma GmbH & Co. KG, Libraw Pharma, Sigachi Industrial Pvt. Ltd., and Avantor Performance Materials, Inc.
Cellulose is the prime component of plant cell. Microcrystalline cellulose is partially depolymerized cellulose, obtained from wood pulp. It is also formed through some of the fungi, bacteria, algae or marine animals. It is insoluble in water and is primarily used as bulking and anticaking agent in production of food products. It is also used as a texturizer, emulsifier and as an extender in application such as pharmaceutical or personal care products. Wide usage of microcrystalline cellulose in manufacturing food products coupled with growing of the pharmaceutical excipient industry is driving the demand of microcrystalline cellulose market across the globe.
The report analyzes and forecasts the market for microcrystalline cellulose on the global and regional level. The market has been forecast based on volume (Tons) and revenue (US$ Thousand) from 2014 to 2020. The study includes drivers and restraints of the global microcrystalline cellulose market. It also covers the impact of these drivers and restraints on demand for microcrystalline cellulose during the forecast period. The report comprises the study of opportunities in the microcrystalline cellulose market on the global and regional level.