Global Microfibrillated Cellulose Market, By Product Type (Mechanical Method, Chemical Method, Biological Method), Application (Performance Enhancer, Barrier Films), End User (Pulp and Paper, Packaging, Food, Paints and Coatings, Personal Care and Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Microfibrillated Cellulose Market
Microfibrillated cellulose market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 20% in the above-mentioned forecast period and the market value is anticipated to reach USD 2,4078.9 million by 2028.
Microfibrillated cellulose (MFC) is a natural material, obtained of plant-based cellulose fibrils, which is produced generally by co-grinding standard chemical pulp with minerals such as calcium, kaolin and carbonate. It has high viscosity and yield stress and is manufactured by mechanical treatment with or without enzymatic or chemical pre-treatment.
Rising demand for adoption of this fiber material in industries such as paper, packaging, food, paints & coatings, and personal care is driving the growth in the market value. Moreover, the microfibrillated cellulose is 100% biodegradable packaging material that is sourced from a renewable resource and it also reduce the carbon footprint, thereby further inducing demand for the market. The government regulations and high demand for sustainable products are some other significant factors that will also promote the market growth rate. Various beneficial properties such as reduced coalescing solvents, micro cracking, mud crack resistance, enhanced opacity also boost the overall growth for the market. . However, the heterogeneous nature of microfibrillated cellulose and availability of various cheap alternatives will create hindrances for the market growth rate.
The rising pollution issues due to plastic waste management and increasing focus of organizations on environmental protection provide profitable opportunities for the growth of the market. The lack of awareness pertaining to environment and abundance of raw materials is projected to further dampen the market growth rate, resulting in generating challenges for the market’s growth rate.
This microfibrillated cellulose market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on microfibrillated cellulose market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Microfibrillated Cellulose Market Scope and Market Size
Microfibrillated cellulose market is segmented on the basis of product type, application and end users. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product type, the microfibrillated cellulose market is segmented into mechanical method, chemical method and biological method.
- Based on application, the market is segregated into flexible performance enhancer and barrier films. The performance enhancer are further sub-segmented into rheology modifier, thickening agents and strengthening agents.
- On the basis of end users, the microfibrillated cellulose market is segmented into pulp and paper, packaging, food, paints and coatings, personal care and others.
Microfibrillated Cellulose Market Country Level Analysis
The microfibrillated cellulose market is analyzed and market size insights and trends are provided by product type, application and end users as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America and Europe, both of these regions lead the microfibrillated cellulose market and will continue to flourish its trend of dominance during the forecast period due to growing requirement for micro fibrillated cellulose, growth in regulations on the usage of fossil fuel-based products and increase in research and development activities in nanofiber cellulose sector within the region. Asia Pacific is projected to show lucrative growth due to surging manufacturing and paper industries in countries such as including China, Japan, India, and South Korea.
The country section of the microfibrillated cellulose market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Microfibrillated Cellulose Market Share Analysis
The microfibrillated cellulose market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to microfibrillated cellulose market.
The major players covered in the microfibrillated cellulose market report are Borregaard AS, Daicel Corporation, storaenso, sappi, Norske Skog ASA, FiberLean, CelluComp, Weidmann Fiber Technology, NIPPON PAPER INDUSTRIES CO., LTD., J. RETTENMAIER & SÖHNE GmbH + Co KG, LENZING AG, , Aditya Birla Management Corporation Pvt. Ltd, Valmet, ShengXing, MINGTAI CHEMICAL CO., LTD among other global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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