Home » Business, Pharmaceuticals & Biotech, World » Microcrystalline Cellulose Market to Hit CAGR of 7.2% to 2020 Driven by Pharmaceutical Applications
The Microcrystalline Cellulose market is projected to witness a CAGR of 7.2% between 2015 and 2020 to reach around USD 1,080 Million by 2020. The global market is primarily driven by the increase in the demand of microcrystalline cellulose in the processed food industry and the growing pharmaceutical industry. High growth for MCC is observed in growing economies such as China, India, and other due to the growing pharmaceutical industry.

Complete report on microcrystalline cellulose market spread across 159 pages, profiling 12 companies and supported with 64tables and 55 figures is now available at:
http://www.rnrmarketresearch.com/microcrystalline-cellulose-market-by-application-food-beverage-pharmaceutical-cosmetics-personal-care-and-others-by-raw-material-source-wood-based-and-non-wood-based-and-by-region-trends-forecasts-to-2020-market-report.html

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).

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 microcrystalline cellulose market is highly fragmented with the presence of a large number of global and regional manufacturers. The production of microcrystalline cellulose is largely concentrated in Asia-Pacific and Europe. The production of microcrystalline cellulose 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 microcrystalline cellulose 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 microcrystalline cellulose 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 microcrystalline cellulose.

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. A discount can be asked before order a copy of  Microcrystalline Cellulose Market by Application (Food & Beverage, Pharmaceutical, Cosmetics & Personal Care, and Others), by Raw Material Source (Wood based and Non-Wood based) and by Region – Trends & Forecasts to 2020 research report at:
http://www.rnrmarketresearch.com/contacts/discount?rname=414515

This report aims to estimate the global market of microcrystalline cellulose in 2015 and to project the expected demand till 2020. This market research study provides a detailed qualitative and quantitative analysis of the global market. The research methodology of the report involved the utilization of various secondary sources such as encyclopedia, directories, and databases to identify and collect information useful for this extensive commercial study of the market. The primary sources – experts from related industries and suppliers, were interviewed to obtain and verify critical information as well as to assess the future prospects of the market.

On a related note, another research titled Carboxymethyl Cellulose Market Trends & Forecasts to 2020 says the market for carboxymethyl cellulose is estimated at $1,151.7 in 2014 and is projected to grow at a CAGR of 4.2% between 2015 and 2020. This report covers all major regions such as Asia-Pacific, Europe, North America, and Rest of the World. The report analyzes market trends and forecasts from 2013 to 2020. Market estimations have been provided in terms of consumption volume (kilotons) and value (USD). Companies like Akzo Nobel N.V., CP Kelco U.S., Inc., Ugur Seluloz Kimya A.S, Química Amtex S.A. De C.V, The Dow Chemical Company, DKS Co. Ltd., Nippon Paper Industries Co. Ltd, Daicel Corporation, Ashland Inc., and Lamberti S.P.A. have been profiled in this 118 pages research available at:
http://www.rnrmarketresearch.com/carboxymethyl-cellulose-market-by-application-food-beverages-pharmaceutical-cosmetics-oil-gas-paper-detergents-and-others-mining-textiles-processing-ceramics-paints-construction-and-adhesives-trends-forecasts-to-2020-market-report.html

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