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The expansion of the pharmaceutical sector, the increasing use of MCC as a pharmaceutical excipient, and the growth of the processed food sectors are some of the factors boosting the microcrystalline cellulose (MCC) market.
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Microcrystalli ne Cellulose (MCC) Market To Reach USD 1,408.5 Million By 2026
Market Summary Market Size – USD 865.8 Million in 2018, Market Growth - CAGR of 6.0%, Market Trends –The elevated demand for non-wood-based MCC. The global microcrystalline cellulose (MCC) market is forecast to reach USD 1,408.5 Million by 2026, according to a new report by Reports and Data. Microcrystalline cellulose is a product of cellulose depolymerization. It is tasteless and odorless. The market is projected to witness a considerable growth during the forecast period. Its diverse applications primarily support the growth of the market. Further key findings from the report suggest • The microcrystalline cellulose (MCC) market held a market share of USD 865.8 Million in the year 2018 and forecasted to grow at a rate of 6.0% during the forecast period. In regards to Source type, the Wood Based segment generated a higher revenue of USD 545.5 Million in 2018, with a growth rate of 5.4% during the forecast period. Factors like its extensive preference among commercial MCC producers due to the advantage of manufacturing MCCs with desired chemical properties by opting for different wood sources, as different woods have varied combinations of alpha- cellulose, contributes to the revenue generated by the Wood-Based segment. • www.reportsanddata.com
Market Summary Key Players: Rayonier Advanced Materials, Dowdupont, Asahi Kasei Chemicals Corporation, JRS Pharma GmbH & Co. Kg, Roquette, DFE Pharma GmbH & Co.Kg, Sigachi Industrial Pvt. Ltd., Avantor Performance Materials Inc., Gujarat Microwax Limited and Huzhou City Linghu Xinwang Chemical Co., Ltd. Segmentation: Source Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026) Non-Wood Based Wood-Based End-use Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026) Binder/Diluent Bulking agent Emulsifiers Stabilizer Anti-Caking Agent Others Get a Sample Copy of this Report before you purchase free of cost! @ https://www.reportsanddata.com/sample-enquiry-form/2060 www.reportsanddata.com
Market Summary Application Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026) Pharmaceutical Food & Beverage Cosmetics & Personal Care Paints & coatings Others Regional Outlook for Microcrystalline Cellulose (MCC) Market analyses the following geographies: North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Click here to Get customization & check available discount for the report @ https://www.reportsanddata.com/discount-enquiry-form/2060 www.reportsanddata.com
The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com
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