Product Code: CMI1267
The global microcrystalline cellulose market is estimated to be valued at USD 1.38 Bn in 2024 and is expected to reach USD 2.24 Bn by 2031, growing at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 1.38 Bn |
Historical Data for: |
2019 To 2023 |
Forecast Period: |
2024 To 2031 |
Forecast Period 2024 to 2031 CAGR: |
7.20% |
2031 Value Projection: |
US$ 2.24 Bn |
Figure. Microcrystalline Cellulose Market Share (%), By Region, 2024
Microcrystalline cellulose is a partially depolymerized cellulose that can be commonly used as an excipient in pharmaceutical formulations. It is produced from a variety of pure cellulose sources like cotton linters and wood pulp via an alkaline treatment process which results in a white, odorless, crystalline powder. As MCC is chemically inert and stable across a wide range of temperatures, it is highly favored as a binding agent, diluent, suspension agent, and tableting aid in tablets, capsules, and other dosage forms. With advantageous properties like high compression ability, desirable flow characteristics, and low moisture absorption, microcrystalline cellulose has emerged as a versatile pharmaceutical excipient for use in numerous drug delivery systems.
Market Dynamics:
The global microcrystalline cellulose market is projected to witness significant growth over the forecast period owing to various drivers such as rising generic drug production, increasing pharmaceutical R&D investments, and growth of the oral drug delivery segment. Additionally, the ability of MCC to reduce production costs for drug manufacturers by enabling product miniaturization and high-speed tableting is also fueling its demand. However, price fluctuations of raw materials may pose a hindrance to the market expansion. On the other hand, the growing preference for excipient outsourcing over in-house manufacturing as well as innovations in specialized grades of MCC for controlled release formulations present lucrative opportunities for market players.
Key Features of the Study:
- This report provides an in-depth analysis of the global microcrystalline cellulose market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global microcrystalline cellulose market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Huzhou City Linghu Xinwang Chemical Co., Ltd., Rayonier Advanced Materials, DFE Pharma, Mingtai Chemical Co., Ltd, JRS Pharma, Asahi Kasei Corporation, Dupont, Avantor Inc., Sigachi Industries Pvt. Ltd, Foodchem International Corporation, Quadra Chemicals, Maple Biotech Pvt. Ltd., Anhui Sunhere Pharmaceutical Excipients Co., Ltd., Accent Microcell Pvt. Ltd., RanQ, Chemfield Cellulose, Roquette Freres, and Sigachi Industries Limited.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global microcrystalline cellulose market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Detailed Segmentation-
- By Source Type:
- Wood Based
- Non-wood Based
- By End Use Industry:
- Pharmaceutical
- Food & Beverages
- Cosmetics & Personal Care
- Others
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Huzhou City Linghu Xinwang Chemical Co., Ltd.
- Rayonier Advanced Materials
- DFE Pharma
- Mingtai Chemical Co., Ltd
- JRS Pharma
- Asahi Kasei Corporation
- Dupont
- Avantor Inc.
- Sigachi Industries Pvt. Ltd
- Foodchem International Corporation
- Quadra Chemicals
- Maple Biotech Pvt. Ltd.
- Anhui Sunhere Pharmaceutical Excipients Co., Ltd.
- Accent Microcell Pvt. Ltd.
- RanQ
- Chemfield Cellulose
- Roquette Freres
- Sigachi Industries Limited
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Source Type
- Market Snippet, By End Use Industry
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Mergers and Acquisitions
4. Global Microcrystalline Cellulose Market - Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting the Global Microcrystalline Cellulose Market
- Impact Analysis
5. Global Microcrystalline Cellulose Market, By Source Type, 2019-2031, (US$ Bn & KT)
- Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Wood Based
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Non-wood Based
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
6. Global Microcrystalline Cellulose Market, By End Use Industry, 2019-2031, (US$ Bn & KT)
- Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Pharmaceutical
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Food & Beverages
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Cosmetics & Personal Care
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Others
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
7. Global Microcrystalline Cellulose Market, By Region, 2019-2031, (US$ Bn & KT)
- Introduction
- Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019-2031
- North America
- Introduction
- Market Size and Forecast, By Source Type, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By End Use Industry, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & KT)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, By Source Type, 2019 - 2031, (US$ Bn & KT))
- Market Size and Forecast, By End Use Industry, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & KT)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Source Type, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By End Use Industry, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & KT)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Source Type, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By End Use Industry, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & KT)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- Introduction
- Market Size and Forecast, By Source Type, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By End Use Industry, 2019 - 2031 (US$ Bn & KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & KT)
- GCC Countries
- Israel
- Rest of Middle East & Africa
8. Competitive Landscape
- Market Share Analysis
- Company Profiles
- Huzhou City Linghu Xinwang Chemical Co., Ltd.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Rayonier Advanced Materials
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- DFE Pharma
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Mingtai Chemical Co., Ltd
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- JRS Pharma
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Asahi Kasei Corporation
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Dupont
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Avantor Inc.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Sigachi Industries Pvt. Ltd
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Foodchem International Corporation
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Quadra Chemicals
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Maple Biotech Pvt. Ltd.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Anhui Sunhere Pharmaceutical Excipients Co., Ltd.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Accent Microcell Pvt. Ltd.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- RanQ
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Chemfield Cellulose
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Roquette Freres
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Sigachi Industries Limited
- Company Overview
- Product Portfolio
- Recent Developments/Updates
9. Analyst Recommendation
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
10. Section
- References
- Research Methodology
- About Us and Sales Contact
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