Global Microcrystalline Cellulose (MCC) market will reach 1270 million US$ by the end of 2025

Publisher: QYResearch

Published Date: 2018/12/29

Microcrystalline cellulose (MCC) is an odorless, tasteless, porous white powder derived from wood pulp or refined cotton. With a wide range of chemical, technical, and economic benefits, MCC is widely used in the pharmaceutical industry, food industry etc.

The microcrystalline cellulose industry concentration is high; there are some large manufacturers in the world, and high-end products mainly from America and western European. According to the statistics, the top 3 manufacturers, FMC, JRS and Mingtai were estimated to hold for population market share 58.1 % in 2016.

The production of microcrystalline cellulose is mainly focus on USA, Europe, South America, China, Japan and India. North America, Europe dominated the market with the share 50.7% respectively. In addition, American has a long history and unshakable status in this industry, FMC is the largest manufacturer in the world and its plant in USA located in Newark, Ireland. As to Europe, the JRS has become a leader. In Taiwan, it is Mingtai that leads the technology development. In China, the manufactures focus in Anhui, Shandong and Zhejiang province.

All manufactures in the world are committed to the improvement of product. These two years, some Chinese manufactures were committed to the development of technology, but there are still a certain gap compared to the world leader manufacturers’ products.

The global Microcrystalline Cellulose (MCC) market is valued at 960 million US$ in 2017 and will reach 1270 million US$ by the end of 2025, growing at a CAGR of 3.6% during 2018-2025.

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