Global Microcrystalline Cellulose Market Size, Share, Trends, Industry Growth by Source (Wood-based, Non-wood-based), by Process (Reactive Extrusion, Enzyme Mediated, Steam Explosion, Acid Hydrolysis), by Application, by Region, and Forecast to 2028

Price: 3795/- USD | Last Updated: April 12th, 2022

The global microcrystalline cellulose market size is anticipated to grow at a significant CAGR of over 5% during the forecast period 2022 to 2028. The increasing demand for the product in the pharmaceuticals and cosmetics industry is one of the prominent factor driving the market growth. The large-scale use of the microcrystalline cellulose in the pharmaceutical industry as a film-forming agent, stabilizer, ointments, and tablet formulations and the increasing demand for the product in various developing economies are expected to propel the market growth. Furthermore, the increasing demand and growing consumption of processed food is further anticipated to boost the market over the forecast period.

Market Insights:

The global microcrystalline cellulose market is bifurcated into the source, process, application, and geography. On the basis of source, the market is further segmented into wood-based and non-wood-based. The wood-based segment dominated the global market in 2021 and is expected to maintain its dominance over the forecast period. On the flip side, the non-wood-based segment is accounted to register the fastest growth rate over the forecast period. The increasing demand for non-wood-based MCC in the pharmaceuticals and food processing industry is one of the prominent factor driving the segment growth. Furthermore, the availability of non-wood-based MCC at a low cost compared to wood-based MCC is further anticipated to drive the segment growth over the forecast period.

On the basis of application, the market is segmented into pharmaceutical, food, cosmetics, and others. The pharmaceuticals segment dominated the global microcrystalline cellulose market in 2021 and is expected to hold the largest revenue share of over one-third market share by the end of the analysis period. The increasing demand for the product in the pharmaceuticals industry is one of the prominent factor driving the segment growth. Microcrystalline cellulose is one of the most commonly used excipients in the pharmaceuticals industry. Furthermore, the increasing use of the product in tablets and the liquid dosage form is further expected to drive the segment growth over the forecast period.

Microcrystalline Cellulose Market Forecast

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The microcrystalline cellulose comprehensive study analyzes industry trends, market size, competitive analysis, and market forecast – 2022 to 2028. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The microcrystalline cellulose market research report presents the analysis of each segment from 2019 to 2028 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

  • 2019-20 – Historical Year
  • 2021 – Base Year
  • 2022-2028 – Forecast Period

Global Microcrystalline Cellulose Market Segmentation:

Microcrystalline Cellulose Market Segmentation by Source:

  • Wood-based
  • Non-wood-based

Microcrystalline Cellulose Market Segmentation by Process:

  • Reactive Extrusion
  • Enzyme-Mediated
  • Steam Explosion
  • Acid Hydrolysis

Microcrystalline Cellulose Market Segmentation by Application:

  • Pharmaceutical
  • Food
  • Cosmetics
  • Others

Microcrystalline Cellulose Market Segmentation by Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Microcrystalline Cellulose Market: Geographic Coverage

Geographically, the Asia Pacific dominated the global microcrystalline cellulose market in 2021 and is expected to maintain its dominance over the forecast period. The widespread use of the product in the pharmaceuticals and cosmetics industry is one of the key factor to drive the market growth in the region. Furthermore, the increasing production of pharmaceuticals products and the growing pharmaceuticals industry in various developing economies are further anticipated to fuel the market growth in the Asia Pacific. Moreover, the presence of some major market players such as Sigachi Industries Pvt. Ltd., DuPont, Asahi Kasei Corporation, and others are further anticipated to support the market growth positively over the forecast period.

Microcrystalline Cellulose Market: Competitive Assessment

Some of the major market players operating in the global microcrystalline cellulose market are DowDuPont, Asahi Kasei Chemicals Corporation, Rayonier Advanced Materials, Roquette, and DFE Pharma GmbH & Co.KG. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

List of Key Companies:

  • DowDuPont
  • Asahi Kasei Chemicals Corporation
  • Rayonier Advanced Materials
  • Roquette
  • DFE Pharma GmbH & Co.KG
  • JRS Pharma GmbH & Co.KG
  • Avantor Performance Materials Inc.
  • Gujarat Microwax Limited.
  • Sigachi Industrial Pvt. Ltd.
  • Huzhou City Linghu Xinwang Chemical Co., Ltd.

Key Questions Answered by Microcrystalline Cellulose Market Report

  • Global microcrystalline cellulose market forecasts from 2022-2028
  • Regional market forecasts from 2022-2028 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
  • Country-level forecasts from 2022-2028 covering 15 major countries from the regions as mentioned above
  • Microcrystalline cellulose submarket forecasts from 2022-2028 covering the market by source, by process, by application, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis about the market
  • Analysis of the key factors driving and restraining the growth of the global, regional, and country-level microcrystalline cellulose markets from 2022-2028
  • Competitive Landscape and market positioning of top 10 players operating in the market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Microcrystalline Cellulose Market Portraiture
2.2. Global Microcrystalline Cellulose Market, by Source, 2021 (USD Mn)
2.3. Global Microcrystalline Cellulose Market, by Process, 2021 (USD Mn)
2.4. Global Microcrystalline Cellulose Market, by Application, 2021 (USD Mn)
2.5. Global Microcrystalline Cellulose Market, by Geography, 2021 (USD Mn)

 

3. Global Microcrystalline Cellulose Market Analysis


3.1. Microcrystalline Cellulose Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. COVID-19 Impact Analysis

 

4. Global Microcrystalline Cellulose Market By Source, 2019 – 2028 (USD Mn)


4.1. Overview
4.2. Wood-based
4.3. Non-wood-based

 

5. Global Microcrystalline Cellulose Market By Process, 2019 – 2028 (USD Mn)


5.1. Overview
5.2. Reactive Extrusion
5.3. Enzyme Mediated
5.4. Steam Explosion
5.5. Acid Hydrolysis

 

6. Global Microcrystalline Cellulose Market By Application, 2019 – 2028 (USD Mn)


6.1. Overview
6.2. Pharmaceutical
6.3. Food
6.4. Cosmetics
6.5. Others

 

7. North America Microcrystalline Cellulose Market Analysis and Forecast, 2019 – 2028 (USD Mn)


7.1. Overview
7.2. North America Microcrystalline Cellulose Market by Source (2019-2028 USD Mn)
7.3. North America Microcrystalline Cellulose Market by Process (2019-2028 USD Mn)
7.4. North America Microcrystalline Cellulose Market by Application (2019-2028 USD Mn)
7.5. North America Microcrystalline Cellulose Market by Country (2019-2028 USD Mn)
7.5.1. U.S.
7.5.1.1. U.S. Microcrystalline Cellulose Market by Source (2019-2028 USD Mn)
7.5.1.2. U.S. Microcrystalline Cellulose Market by Process (2019-2028 USD Mn)
7.5.1.3. U.S. Microcrystalline Cellulose Market by Application (2019-2028 USD Mn)
7.5.2. Canada
7.5.2.1. Canada Microcrystalline Cellulose Market by Source (2019-2028 USD Mn)
7.5.2.2. Canada Microcrystalline Cellulose Market by Process (2019-2028 USD Mn)
7.5.2.3. Canada Microcrystalline Cellulose Market by Application (2019-2028 USD Mn)

 

8. Europe Microcrystalline Cellulose Market Analysis and Forecast, 2019 – 2028 (USD Mn)


8.1. Overview
8.2. Europe Microcrystalline Cellulose Market by Source (2019-2028 USD Mn)
8.3. Europe Microcrystalline Cellulose Market by Process (2019-2028 USD Mn)
8.4. Europe Microcrystalline Cellulose Market by Application (2019-2028 USD Mn)
8.5. Europe Microcrystalline Cellulose Market by Country (2019-2028 USD Mn)
8.5.1. Germany
8.5.1.1. Germany Microcrystalline Cellulose Market by Source (2019-2028 USD Mn)
8.5.1.2. Germany Microcrystalline Cellulose Market by Process (2019-2028 USD Mn)
8.5.1.3. Germany Microcrystalline Cellulose Market by Application (2019-2028 USD Mn)
8.5.2. U.K.
8.5.2.1. U.K. Microcrystalline Cellulose Market by Source (2019-2028 USD Mn)
8.5.2.2. U.K. Microcrystalline Cellulose Market by Process (2019-2028 USD Mn)
8.5.2.3. U.K. Microcrystalline Cellulose Market by Application (2019-2028 USD Mn)
8.5.3. France
8.5.3.1. France Microcrystalline Cellulose Market by Source (2019-2028 USD Mn)
8.5.3.2. France Microcrystalline Cellulose Market by Process (2019-2028 USD Mn)
8.5.3.3. France Microcrystalline Cellulose Market by Application (2019-2028 USD Mn)
8.5.4. Italy
8.5.4.1. Italy Microcrystalline Cellulose Market by Source (2019-2028 USD Mn)
8.5.4.2. Italy Microcrystalline Cellulose Market by Process (2019-2028 USD Mn)
8.5.4.3. Italy Microcrystalline Cellulose Market by Application (2019-2028 USD Mn)
8.5.5. Rest of Europe
8.5.5.1. Rest of Europe Microcrystalline Cellulose Market by Source (2019-2028 USD Mn)
8.5.5.2. Rest of Europe Microcrystalline Cellulose Market by Process (2019-2028 USD Mn)
8.5.5.3. Rest of Europe Microcrystalline Cellulose Market by Application (2019-2028 USD Mn)

 

9. Asia Pacific Microcrystalline Cellulose Market Analysis and Forecast, 2019 – 2028 (USD Mn)


9.1. Overview
9.2. Asia Pacific Microcrystalline Cellulose Market by Source (2019-2028 USD Mn)
9.3. Asia Pacific Microcrystalline Cellulose Market by Process (2019-2028 USD Mn)
9.4. Asia Pacific Microcrystalline Cellulose Market by Application (2019-2028 USD Mn)
9.5. Asia Pacific Microcrystalline Cellulose Market by Country (2019-2028 USD Mn)
9.5.1. China
9.5.1.1. China Microcrystalline Cellulose Market by Source (2019-2028 USD Mn)
9.5.1.2. China Microcrystalline Cellulose Market by Process (2019-2028 USD Mn)
9.5.1.3. China Microcrystalline Cellulose Market by Application (2019-2028 USD Mn)
9.5.2. Japan
9.5.2.1. Japan Microcrystalline Cellulose Market by Source (2019-2028 USD Mn)
9.5.2.2. Japan Microcrystalline Cellulose Market by Process (2019-2028 USD Mn)
9.5.2.3. Japan Microcrystalline Cellulose Market by Application (2019-2028 USD Mn)
9.5.3. Rest of Asia Pacific
9.5.3.1. Rest of Asia Pacific Microcrystalline Cellulose Market by Source (2019-2028 USD Mn)
9.5.3.2. Rest of Asia Pacific Microcrystalline Cellulose Market by Process (2019-2028 USD Mn)
9.5.3.3. Rest of Asia Pacific Microcrystalline Cellulose Market by Application (2019-2028 USD Mn)

 

10. Latin America (LATAM) Microcrystalline Cellulose Market Analysis and Forecast, 2019 – 2028 (USD Mn)


10.1. Overview
10.2. Latin America Microcrystalline Cellulose Market by Source (2019-2028 USD Mn)
10.3. Latin America Microcrystalline Cellulose Market by Process (2019-2028 USD Mn)
10.4. Latin America Microcrystalline Cellulose Market by Application (2019-2028 USD Mn)
10.5. Latin America Microcrystalline Cellulose Market by Country (2019-2028 USD Mn)
10.5.1. Brazil
10.5.1.1. Brazil Microcrystalline Cellulose Market by Source (2019-2028 USD Mn)
10.5.1.2. Brazil Microcrystalline Cellulose Market by Process (2019-2028 USD Mn)
10.5.1.3. Brazil Microcrystalline Cellulose Market by Application (2019-2028 USD Mn)
10.5.2. Mexico
10.5.2.1. Mexico Microcrystalline Cellulose Market by Source (2019-2028 USD Mn)
10.5.2.2. Mexico Microcrystalline Cellulose Market by Process (2019-2028 USD Mn)
10.5.2.3. Mexico Microcrystalline Cellulose Market by Application (2019-2028 USD Mn)
10.5.3. Rest of Latin America
10.5.3.1. Rest of Latin America Microcrystalline Cellulose Market by Source (2019-2028 USD Mn)
10.5.3.2. Rest of Latin America Microcrystalline Cellulose Market by Process (2019-2028 USD Mn)
10.5.3.3. Rest of Latin America Microcrystalline Cellulose Market by Application (2019-2028 USD Mn)

 

11. Middle East and Africa Microcrystalline Cellulose Market Analysis and Forecast, 2019 – 2028 (USD Mn)


11.1. Overview
11.2. MEA Microcrystalline Cellulose Market by Source (2019-2028 USD Mn)
11.3. MEA Microcrystalline Cellulose Market by Process (2019-2028 USD Mn)
11.4. MEA Microcrystalline Cellulose Market by Application (2019-2028 USD Mn)
11.5. Middle East and Africa Microcrystalline Cellulose Market, by Country (2019-2028 USD Mn)
11.5.1. GCC
11.5.1.1. GCC Microcrystalline Cellulose Market by Source (2019-2028 USD Mn)
11.5.1.2. GCC Microcrystalline Cellulose Market by Process (2019-2028 USD Mn)
11.5.1.3. GCC Microcrystalline Cellulose Market by Application (2019-2028 USD Mn)
11.5.2. South Africa
11.5.2.1. South Africa Microcrystalline Cellulose Market by Source (2019-2028 USD Mn)
11.5.2.2. South Africa Microcrystalline Cellulose Market by Process (2019-2028 USD Mn)
11.5.2.3. South Africa Microcrystalline Cellulose Market by Application (2019-2028 USD Mn)
11.5.3. Rest of MEA
11.5.3.1. Rest of MEA Microcrystalline Cellulose Market by Source (2019-2028 USD Mn)
11.5.3.2. Rest of MEA Microcrystalline Cellulose Market by Process (2019-2028 USD Mn)
11.5.3.3. Rest of MEA Microcrystalline Cellulose Market by Application (2019-2028 USD Mn)

 

12. Company Profiles


12.1. DowDuPont
12.1.1. Business Description
12.1.2. Financial Health and Budget Allocation
12.1.3. Product Positions/Portfolio
12.1.4. Recent Development
12.1.5. SWOT Analysis
12.2. Asahi Kasei Chemicals Corporation
12.2.1. Business Description
12.2.2. Financial Health and Budget Allocation
12.2.3. Product Positions/Portfolio
12.2.4. Recent Development
12.2.5. SWOT Analysis
12.3. Rayonier Advanced Materials
12.3.1. Business Description
12.3.2. Financial Health and Budget Allocation
12.3.3. Product Positions/Portfolio
12.3.4. Recent Development
12.3.5. SWOT Analysis
12.4. Roquette
12.4.1. Business Description
12.4.2. Financial Health and Budget Allocation
12.4.3. Product Positions/Portfolio
12.4.4. Recent Development
12.4.5. SWOT Analysis
12.5. DFE Pharma GmbH & Co.KG
12.5.1. Business Description
12.5.2. Financial Health and Budget Allocation
12.5.3. Product Positions/Portfolio
12.5.4. Recent Development
12.5.5. SWOT Analysis
12.6. JRS Pharma GmbH & Co.KG
12.6.1. Business Description
12.6.2. Financial Health and Budget Allocation
12.6.3. Product Positions/Portfolio
12.6.4. Recent Development
12.6.5. SWOT Analysis
12.7. Avantor Performance Materials Inc.
12.7.1. Business Description
12.7.2. Financial Health and Budget Allocation
12.7.3. Product Positions/Portfolio
12.7.4. Recent Development
12.7.5. SWOT Analysis
12.8. Gujarat Microwax Limited.
12.8.1. Business Description
12.8.2. Financial Health and Budget Allocation
12.8.3. Product Positions/Portfolio
12.8.4. Recent Development
12.8.5. SWOT Analysis
12.9. Sigachi Industrial Pvt. Ltd.
12.9.1. Business Description
12.9.2. Financial Health and Budget Allocation
12.9.3. Product Positions/Portfolio
12.9.4. Recent Development
12.9.5. SWOT Analysis
12.10. Huzhou City Linghu Xinwang Chemical Co., Ltd.
12.10.1. Business Description
12.10.2. Financial Health and Budget Allocation
12.10.3. Product Positions/Portfolio
12.10.4. Recent Development
12.10.5. SWOT Analysis
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