FEATURED COMPANIES
- Accent Microcell Pvt. Ltd
- DFE Pharma GmbH & Co.KG
- Dupont
- Gujarat Microwax Limited
- JRS Pharma GmbH & Co. Kg
- Maple Biotech Pvt Ltd
- MORE
The microcrystalline cellulose (MCC) market is projected to grow from USD 938 million in 2019 to USD 1,315 million by 2024, at a CAGR of 7.0%, between 2019 and 2024. MCC is widely used in pharmaceutical, food & beverage, and cosmetic & personal care applications. As it is chemically inert and not absorbed in the human body, it is widely used in the pharmaceutical and food & beverage applications as a thickener, stabilizer, binder, dispersant, and bulking & anti-caking agent. The growth of the pharmaceutical application has also helped increase the demand for MCC as it is widely used in the form of excipient. Apart from this, the significant demand from the emerging economies is one of the major opportunities in the MCC market. However, the availability of substitutes for specific food & beverage and pharmaceutical applications restrains the growth of the market.
The non-wood segment is projected to register the highest CAGR from 2019 to 2024, in terms of both value and volume
Non-wood-based MCC is being increasingly used in the MCC market, primarily because of the high demand for non-wood-based MCC from various applications, such as pharmaceutical and food & beverage. The cost of MCC produced from non-wood-based source is very low compared to the wood-based MCC as the raw material used for the manufacture of non-wood-based MCC is basically agricultural waste, which is available at very low prices.
Pharmaceutical to be the fastest-growing application of MCC market during the forecast period
The MCC market in the pharmaceutical application is witnessing a high growth rate. The growth of the global MCC market is dependent on the growth of the pharmaceutical excipient market. MCC acts as a filler, binder, disintegrant, suspending agent, lubricant, and glidant in pharmaceutical manufacturing. It is used in the direct compression method as it reduces the production cost. MCC is an essential component in every form of oral dosage, which includes pellets, capsules, tablets, and sachets.
The MCC market in APAC is projected to register the highest CAGR, between 2019 and 2024, in terms of both value and volume
The MCC market in APAC is projected to register the highest CAGR during the forecast period, in terms of both value and volume. This growth can be attributed to the increasing demand for MCC from the region’s growing pharmaceutical, food & beverage, and cosmetics & personal care applications, which are extensively using MCC.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted as follows:
- By Company Type: Tier 1 - 35%, Tier 2 - 25%, and Tier 3 - 40%
- By Designation: C level - 30%, Director level - 25%, and Others - 45%
- By Region: North America - 30%, Europe - 25%, APAC - 30%, and RoW - 15%
This report provides a comprehensive analysis of the key companies listed below:
- DuPont (US)
- Asahi Kasei Chemicals Corporation (Japan)
- Rayonier Advanced Materials (US)
- Roquette (France)
- DFE Pharma GmbH & Co.KG (Germany)
- JRS Pharma GmbH & Co. KG (Germany)
- Avantor Performance Materials Inc. (US)
- Gujarat Microwax Limited (India)
- Sigachi Industrial Pvt. Ltd. (India)
Research Coverage
This report covers the MCC market and forecasts the size of the market until 2024. The report includes the segmentation of the market based on application, source type, and region. Porter’s Five Forces analysis and key market dynamics, such as drivers, restraints, challenges, and opportunities influencing the growth of the MCC market have been discussed in the report. The report also provides company profiles and competitive benchmarking of major players operating in the market.
Benefits of Buying the Report:
The report is expected to help market leaders/new entrants in the MCC market in the following ways:
- This report segments the MCC market and provides the closest approximation of revenues for the overall market and its subsegments across different verticals and regions.
- The report helps stakeholders understand the pulse of the market and provides information on key drivers, restraints, challenges, and opportunities of the MCC market.
This report is also expected to help stakeholders understand their competitors and gain insights to enhance their position in the MCC market. The competitive landscape section includes the ecosystem of competitors and detailed information on new product developments, expansions, partnerships, and acquisitions.
FEATURED COMPANIES
- Accent Microcell Pvt. Ltd
- DFE Pharma GmbH & Co.KG
- Dupont
- Gujarat Microwax Limited
- JRS Pharma GmbH & Co. Kg
- Maple Biotech Pvt Ltd
- MORE
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered For the Study
1.4 Currency
1.5 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Research Assumptions
2.5 Limitations
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the MCC Market
4.2 MCC Market, By Source Type
4.3 MCC Market, By Application and Region
4.4 MCC Market, By Country
5 Market Overview
5.1 Introduction
5.1.1 Drivers
5.1.1.1 Growing Pharmaceutical Industry is Driving the MCC Market
5.1.1.2 Increasing Acceptance of MCC as A Pharmaceutical Excipient
5.1.1.3 Increase in Demand For MCC Due to Growth in the Processed Food Industry
5.1.2 Restraints
5.1.2.1 Availability of Substitutes For Specific Food & Beverage and Pharmaceutical Applications
5.1.3 Opportunities
5.1.3.1 Increasing Demand From Emerging Economies
5.1.3.2 Growth in Non-Wood-Based MCC
5.1.4 Challenges
5.1.4.1 to Produce Low-Cost MCC
5.2 Value Chain Analysis
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
6 MCC Market, By Source Type
6.1 Introduction
6.2 Wood Based
6.3 Non-Wood Based
7 MCC Market, By Application
7.1 Introduction
7.2 Food & Beverage
7.3 Pharmaceutical
7.4 Cosmetics & Personal Care
7.5 Others
8 Regional Analysis
8.1 Introduction
8.2 North America
8.2.1 By Application
8.2.2 By Source Type
8.2.3 By Country
8.2.3.1 US
8.2.3.2 Canada
8.2.3.3 Rest of North America
8.3 Europe
8.3.1 By Application
8.3.2 By Source Type
8.3.3 By Country
8.3.3.1 Germany
8.3.3.2 France
8.3.3.3 Italy
8.3.3.3 Italy
8.3.3.4 UK
8.3.3.5 Switzerland
8.3.3.6 Spain
8.3.3.7 Rest of Europe
8.4 APAC
8.4.1 By Application
8.4.2 By Source Type
8.4.3 By Country
8.4.3.1 China
8.4.3.2 India
8.4.3.3 Japan
8.4.3.4 Rest of APAC
8.5 Rest of the World (RoW)
8.5.1 By Application
8.5.2 By Source Type
8.5.3 By Country
8.5.3.1 Brazil
8.5.3.2 Rest of RoW
9 Competitive Landscape
9.1 Introduction
9.2 Key Growth Strategies
9.2.1 New Product Developments/Launches
9.2.2 Expansions
9.2.3 Acquisitions
9.2.4 Agreements, Partnerships, Joint Ventures, Acquisitions, and Collaborations
10 Company Profiles
10.1 Dupont
10.1.1 Business Overview
10.1.2 Products Offered
10.1.3 Recent Developments
10.1.4 SWOT Analysis
10.2 Asahi Kasei Chemicals Corporation
10.2.1 Business Overview
10.2.2 Products Offered
10.2.3 Recent Developments
10.2.4 SWOT Analysis
10.3 Rayonier Advanced Materials
10.3.1 Business Overview
10.3.2 Products Offered
10.3.3 Recent Developments
10.3.4 SWOT Analysis
10.4 Roquette
10.4.1 Business Overview
10.4.2 Products Offered
10.4.3 Recent Developments
10.4.4 SWOT Analysis
10.5 DFE Pharma GmbH & Co.KG
10.5.1 Business Overview
10.5.2 Products Offered
10.5.3 Recent Developments
10.5.4 SWOT Analysis
10.6 JRS Pharma GmbH & Co. Kg
10.6.1 Business Overview
10.6.2 Products Offered
10.6.3 Recent Developments
10.7 Avantor Performance Materials Inc
10.7.1 Business Overview
10.7.2 Products Offered
10.8 Gujarat Microwax Limited
10.8.1 Business Overview
10.8.2 Products Offered
10.9 Sigachi Industrial Pvt. Ltd.
10.9.1 Business Overview
10.9.2 Products Offered
10.10 Huzhou City Linghu Xinwang Chemical Co., Ltd
10.10.1 Business Overview
10.10.2 Products Offered
10.11 Other Companies
10.11.1 Accent Microcell Pvt. Ltd
10.11.2 Anhui Sunhere Pharmaceutical Excipients Co., Ltd
10.11.3 Ranq Remedies Pvt. Ltd
10.11.4 Mingtai Chemical Co., Ltd
10.11.5 Foodchem International Corporation
10.11.6 Quadra Ingredients
10.11.7 Shandong Guanda Technology
10.11.8 Juku Orchem Private Limited
10.11.9 Maple Biotech Pvt Ltd
10.11.10 Huzhou Zhanwang Pharmaceutical Co., Ltd
11 Appendix
11.1 Discussion Guide
11.2 Knowledge Store: Subscription Portal
11.3 Available Customizations
11.4 Related Reports
11.5 Author Details
List of Tables
Table 1 MCC Market Size, 2016-2023
Table 2 MCC Market Size, By Source Type, 2017-2024 (Kiloton)
Table 3 MCC Market Size, By Source Type, 2017-2024 (USD Million)
Table 4 Wood-Based MCC Market Size, By Region, 2017-2024 (Kiloton)
Table 5 Wood-Based MCC Market Size, By Region, 2017-2024 (USD Million)
Table 6 Non-Wood-Based MCC Market Size, By Region, 2017-2024 (Kiloton)
Table 7 Non-Wood-Based MCC Market Size, By Region, 2017-2024 (USD Million)
Table 8 MCC Market Size, By Application, 2017-2024 (Kiloton)
Table 9 MCC Market Size, By Application, 2017-2024 (USD Million)
Table 10 MCC Market Size in Food & Beverage Application, By Region, 2017-2024 (Kiloton)
Table 11 MCC Market Size in Food & Beverage Application, By Region, 2017-2024 (USD Million)
Table 12 MCC Market Size in Pharmaceutical Application, By Region, 2017-2024 (Kiloton)
Table 13 MCC Market Size in Pharmaceutical Application, By Region, 2017-2024 (USD Million)
Table 14 MCC Market Size in Cosmetics & Personal Care Application, By Region, 2017-2024 (Kiloton)
Table 15 MCC Market Size in Cosmetics & Personal Care Application, By Region, 2017-2024 (USD Million)
Table 16 MCC Market Size in Other Applications, By Region, 2017-2024 (Kiloton)
Table 17 MCC Market Size in Other Applications, By Region, 2017-2024 (USD Million)
Table 18 MCC Market Size, By Region, 2017-2024 (Kiloton)
Table 19 MCC Market Size, By Region, 2017-2024 (USD Million)
Table 20 North America: MCC Market Size, By Application, 2017-2024 (Kiloton)
Table 21 North America: MCC Market Size, By Application, 2017-2024 (USD Million)
Table 22 North America: MCC Market Size, By Source Type, 2017-2024 (Kiloton)
Table 23 North America: MCC Market Size, By Source Type, 2017-2024 (USD Million)
Table 24 North America: MCC Market Size, By Country, 2017-2024 (Kiloton)
Table 25 North America: MCC Market Size, By Country, 2017-2024 (USD Million)
Table 26 US: MCC Market Size, By Application, 2013-2020 (Kiloton)
Table 27 US: MCC Market Size, By Application, 2017-2024 (USD Million)
Table 28 Canada: MCC Market Size, By Application, 2017-2024 (Kiloton)
Table 29 Canada: MCC Market Size, By Application, 2017-2024 (USD Million)
Table 30 Rest of North America: MCC Market Size, By Application, 2017-2024 (Kiloton)
Table 31 Rest of North America: MCC Market Size, By Application, 2017-2024 (USD Million)
Table 32 Europe: MCC Market Size, By Application, 2017-2024 (Kiloton)
Table 33 Europe: MCC Market Size, By Application, 2017-2024 (USD Million)
Table 34 Europe: MCC Market Size, By Source Type, 2017-2024 (Kiloton)
Table 35 Europe: MCC Market Size, By Source Type, 2017-2024 (USD Million)
Table 36 Europe: MCC Market Size, By Country, 2017-2024 (Kiloton)
Table 37 Europe: MCC Market Size, By Country, 2017-2024 (USD Million)
Table 38 Germany: MCC Market Size, By Application, 2017-2024 (Kiloton)
Table 39 Germany: MCC Market Size, By Application, 2017-2024 (USD Million)
Table 40 France: MCC Market Size, By Application, 2017-2024 (Kiloton)
Table 41 France: MCC Market Size, By Application, 2017-2024 (USD Million)
Table 42 Italy: MCC Market Size, By Application, 2017-2024 (Kiloton)
Table 43 Italy: MCC Market Size, By Application, 2017-2024 (USD Million)
Table 44 UK: MCC Market Size, By Application, 2017-2024 (Kiloton)
Table 45 UK: MCC Market Size, By Application, 2013-2020 (USD Million)
Table 46 Switzerland: MCC Market Size, By Application, 2017-2024 (Kiloton)
Table 47 Switzerland: MCC Market Size, By Application, 2017-2024 (USD Million)
Table 48 Spain: MCC Market Size, By Application, 2017-2024 (Kiloton)
Table 49 Spain: MCC Market Size, By Application, 2017-2024 (USD Million)
Table 50 Rest of Europe: MCC Market Size, By Application, 2017-2024 (Kiloton)
Table 51 Rest of Europe: MCC Market Size, By Application, 2017-2024 (USD Million)
Table 52 APAC: MCC Market Size, By Application, 2017-2024 (Kiloton)
Table 53 APAC: MCC Market Size, By Application, 2017-2024 (USD Million)
Table 54 APAC: MCC Market Size, By Source Type, 2017-2024 (Kiloton)
Table 55 APAC: MCC Market Size, By Source Type, 2017-2024 (USD Million)
Table 56 APAC: MCC Market Size, By Country, 2017-2024 (Kiloton)
Table 57 APAC: MCC Market Size, By Country, 2017-2024 (USD Million)
Table 58 China: MCC Market Size, By Application, 2017-2024 (Kiloton)
Table 59 China: MCC Market Size, By Application, 2017-2024 (USD Million)
Table 60 India: MCC Market Size, By Application, 2017-2024 (Kiloton)
Table 61 India: MCC Market Size, By Application, 2017-2024 (USD Million)
Table 62 Japan: MCC Market Size, By Application, 2017-2024 (Kiloton)
Table 63 Japan: MCC Market Size, By Application, 2017-2024 (USD Million)
Table 64 Rest of APAC: MCC Market Size, By Application, 2017-2024 (Kiloton)
Table 65 Rest of APAC: MCC Market Size, By Application, 2017-2024 (USD Million)
Table 66 RoW: MCC Market Size, By Application, 2017-2024 (Kiloton)
Table 67 RoW: MCC Market Size, By Application, 2017-2024 (USD Million)
Table 68 RoW: MCC Market Size, By Source Type, 2017-2024 (Kiloton)
Table 69 RoW: MCC Market Size, By Source Type, 2017-2024 (USD Million)
Table 70 RoW: MCC Market Size, By Country, 2017-2024 (Kiloton)
Table 71 RoW: MCC Market Size, By Country, 2017-2024 (USD Million)
Table 72 Brazil: MCC Market Size, By Application, 2017-2024 (Kiloton)
Table 73 Brazil: MCC Market Size, By Application, 2017-2024 (USD Million)
Table 74 Rest of RoW: MCC Market Size, By Application, 2017-2024 (Kiloton)
Table 75 Rest of RoW: MCC Market Size, By Application, 2017-2024 (USD Million)
Table 76 New Product Developments, 2014-2019
Table 77 Expansions, 2014
Table 78 Acquisitions, 2017
Table 79 Agreements, Partnerships, Joint Ventures, Acquisitions, and Collaborations, 2014-2019
List of Figures
Figure 1 MCC: Market Segmentation
Figure 2 MCC Market: Research Design
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 MCC Market: Data Triangulation
Figure 6 Pharmaceutical Application to Drive the MCC Market Between 2018 & 2023
Figure 7 Non-Wood-Based MCC Market to Witness the Highest Growth Between 2019 and 2024
Figure 8 APAC to Witness the Highest Growth Between 2019 and 2024
Figure 9 Growth Opportunities in Emerging Economies Between 2019 and 2024
Figure 10 Wood-Based MCC to Lead the Overall MCC Market Between 2019 and 2024
Figure 11 APAC Led the MCC Market in 2017
Figure 12 The MCC Market in China to Register the Highest Cagr
Figure 13 Overview of the Factors Governing the MCC Market
Figure 14 Value Chain Analysis For MCC
Figure 15 MCC Market: Porter’s Five Forces Analysis
Figure 16 Wood to Be the Larger Raw Material Source Type For MCC
Figure 17 APAC to Be the Fastest Growing in the Wood-Based MCC Market
Figure 18 Pharmaceutical to Be the Leading Application of MCC
Figure 19 Europe to Dominate the MCC Market in Food & Beverage Application
Figure 20 APAC to Drive the MCC Market Between 2019 and 2024
Figure 21 North America: MCC Market Snapshot
Figure 22 Europe: MCC Market Snapshot
Figure 23 APAC: MCC Market Snapshot
Figure 24 Companies Adopted Acquisition as the Key Growth Strategy Between 2014 and 2019
Figure 25 Dupont: Company Snapshot
Figure 26 Dupont: SWOT Analysis
Figure 27 Asahi Kasei Chemicals Corporation: Company Snapshot
Figure 28 Asahi Kasei Chemicals Corporation: SWOT Analysis
Figure 29 Rayonier Advanced Materials: Company Snapshot
Figure 30 Rayonier Advanced Materials: SWOT Analysis
Figure 31 Roquette: SWOT Analysis
Figure 32 DFE Pharma GmbH & Co.KG: SWOT Analysis
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- Accent Microcell Pvt. Ltd
- Anhui Sunhere Pharmaceutical Excipients Co., Ltd
- Asahi Kasei Chemicals Corporation
- Avantor Performance Materials Inc
- DFE Pharma GmbH & Co.KG
- Dupont
- Foodchem International Corporation
- Gujarat Microwax Limited
- Huzhou City Linghu Xinwang Chemical Co., Ltd
- Huzhou Zhanwang Pharmaceutical Co., Ltd
- JRS Pharma GmbH & Co. Kg
- Juku Orchem Private Limited
- Maple Biotech Pvt Ltd
- Mingtai Chemical Co., Ltd
- Quadra Ingredients
- Ranq Remedies Pvt. Ltd
- Rayonier Advanced Materials
- Roquette
- Shandong Guanda Technology
- Sigachi Industrial Pvt. Ltd.
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