Microcrystalline Cellulose Market Forecasts to 2028 | Drivers and Opportunities | Key player Analysis Asahi Kasei Chemicals Corporation, JRS Pharma GmbH & Co. Kg

According to Stratistics MRC, the Global Microcrystalline Cellulose Market is accounted for $1,013.35 million in 2020 and is expected to reach $2,019.17 million by 2028 growing at a CAGR of 9.0% during the forecast period. Increasing demand for processed food, growing pharmaceutical industry and high growth in emerging economies are driving the market growth. However, price volatility and availability of substitute products are hampering the growth of the market.

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By geography, Europe is going to have high growth during the forecast period due to the growing investments in the production of medicines; economic recovery and an improvement in the employment rate are the growth drivers for the region’s processed food industry, which in turn encourages the growth of microcrystalline cellulose market in the region.

Some of the key players profiled in the Microcrystalline Cellulose Market include Asahi Kasei Chemicals Corporation, JRS Pharma GmbH & Co. Kg, Gujarat Microwax Limited,   Huzhou City Linghu Xinwang Chemical Co., Ltd, Rayonier Advanced Materials, DFE Pharma GmbH & Co.Kg, Avantor Performance Materials Inc., Sigachi Industrial Pvt. Ltd., Foodchem International Corporation, Anhui Sunhere Pharmaceutical Excipients Co., Ltd, Accent Microcell Pvt. Ltd, Ranq Remedies Pvt. Ltd and Maple Biotech Pvt Ltd.

Forms Covered:
• Amorphous
• Crystallized

Source Types Covered:
• Refined Cotton Based
• Wood Based
• Non-Wood Based

Applications Covered:
• Bulking Agent
• Stabilizer
• Welding Electrodes
• Chromatography
• Binder/Diluent
• Emulsifiers
• Paints & Coatings
• Cement & Ceramic
• Rubber

Route of Synthesis Covered:
• Ultrasonication
• Reactive Extrusion
• Acid Hydrolysis
• Enzyme Mediated
• Steam Explosion
• Mechanical Grinding

End Users Covered:
• Cosmetics & Personal Care
• Oil & Gas Refineries
• Food & Beverage
• Pharmaceutical

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

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