Microcrystalline Cellulose Market 2019-2024 Statistics By Regional Players
Category: #headlines  By Partha Ray  Date: 2019-09-11
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Microcrystalline Cellulose Market 2019-2024 Statistics By Regional Players

An analysis of Microcrystalline Cellulose Market has been provided in the latest report launched by Global Market Insights, Inc. that primarily focuses on the market trends, demand spectrum, and future prospects of this industry over the forecast period. Furthermore, the report provides a detailed statistical overview in terms of trends outlining the geographical opportunities and contributions by prominent industry share contenders.

Sigachi Industrial, another leading name in microcrystalline cellulose market, started working on a new microcrystalline cellulose production plant in Dahej, Gujarat in the year 2013. Some of the pivotal firms are also undertaking mergers & acquisitions activities in a bid to extend their product portfolio.

Request for a sample copy of this report @   https://www.gminsights.com/request-sample/detail/688

Global drivers are

  1. Rising demand for low fat food in the food & beverage industry
  2. Strong growth indicators in pharmaceutical industry in the U.S.
  3. Robust growth in the personal care industry in Asia Pacific
  4. Growing paints & coating industry in Asia Pacific and the Middle East

Say for instance, Mingtai Chemical Co. made it to the front page few years back, announcing the extension of its agreement with Danisco (DuPont Nutrition & Health) for the manufacturing of colloidal grade microcrystalline cellulose. These aforementioned instances depict only a fraction of the ongoing developments underlining microcrystalline cellulose industry space.

Elaborating further on the regional trends, the expanding obese population in the country is also substantially fueling the regional mcc demand. As per a latest projection by Organization for Economic Co-operation and Development (OECD), nearly 75% of the American population is likely to be obese or overweight by the end of 2020. As per CDC’s estimation (as of 2014) - around one third of U.S. adults of age group 20 and more, and 17% of adolescents and children were marred obese.

Backed by the clinical studies that validate the role of insoluble dietary fibers in maintaining the body weight and other obesity induced disorders, North America microcrystalline cellulose industry is presumed to record a CAGR of 5.5% over 2017-2024.

 Browse Complete Summary of this report @ https://www.gminsights.com/industry-analysis/microcystalline-cellulose-mcc-market

Obesity is also acting as a major propeller for Asia Pacific industry. As per estimates, India and China collectively account for nearly 15% of the total obese populace. Add to it, the growing personal care industry in APAC is also substantially influencing the regional trends. According to India Brand Equity Foundation, India personal care industry is slated to exceed $20 billion by 2025 which is more than triple from what it recorded in the year 2016. Not to mention, the projection, in all plausibility, would leave a perpetual impact on the regional microcrystalline cellulose market share. Overall APAC microcrystalline cellulose market is forecast to witness a y-o-y growth of 6% over 2017-2024.

While the revenue graph of the global microcrystalline cellulose industry depicts high potential, there still exists a chain of constraints, high production cost being at the pinnacle. Perhaps driven by the fact that its manufacturing process requires the presence of prominent expertise, the production is rather cost intensive. Another challenge faced by the contenders in the business space is product substitute threat from carboxymethylcellulose, guar gum, and xanthan gum.

Partial Chapter of the Table of Content:

Chapter 3. Microcrystalline Cellulose Industry Insights

3.1.  Industry segmentation

3.2.  Industry size and forecast, 2013 - 2024

3.3.  Industry ecosystem analysis

3.3.1.    Raw material trends

3.3.2.    Manufacturing trends

3.3.3.    Profit margin

3.3.4.    Value addition

3.3.5.    Distributor channel analysis

3.3.6.    Vendor matrix

3.3.6.1.   List of key raw material suppliers

3.3.6.2.   List of key manufacturers/distributors

3.3.6.3.   List of key/potential customers

3.4.  Innovation & sustainability

3.4.1.    Patent analysis

3.4.2.    Technology landscape

3.4.3.    Future trends

3.5.  Industry impact forces

3.5.1.    Growth drivers

3.5.1.1.   Global drivers

3.5.1.1.1.  Rising demand for low fat food in the food & beverage industry

3.5.1.2.   Regional drivers

3.5.1.2.1.    Strong growth indicators in pharmaceutical industry in the U.S.

3.5.1.2.2.    Robust growth in the personal care industry in Asia Pacific

3.5.1.2.3.    Growing paints & coating industry in Asia Pacific and the Middle East

3.5.2.    Industry pitfalls & challenges

3.5.2.1.   High production cost and comparatively lower yield

3.5.2.2.   Availability of product substitutes in the industry

3.6.  Regulatory landscape

3.6.1.    U.S.

3.6.2.    Europe

3.6.3.    China

3.7.   Growth potential analysis

3.8.   Competitive landscape

3.8.1.    Strategic dashboard

3.8.2.    Patent analysis

3.9.   Porter’s analysis

3.9.1.    Supplier power

3.9.2.    Buyer power

3.9.3.    Threat of new entrants

3.9.4.    Industry rivalry

3.10.  Regional price trends

3.10.1.   Cost structure analysis

3.10.1.1. R & D cost

3.10.1.2. Manufacturing & equipment cost

3.10.1.3. Raw material cost

3.10.1.4. Distribution cost

3.10.1.5. Operating cost

3.10.1.6. Miscellaneous cost

3.10.2.   Price by source

3.10.3.   Price by end-user

3.11.  PESTEL analysis

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/688

Despite these deterring factors, the commercialization matrix of microcrystalline cellulose market is certain to escalate over the ensuing years, on ground of its extensive application across myriad verticals. One of the anticipated trends that remains to be seen is how mcc production using environmentally viable raw materials brings forth a slew of opportunities for the market in the years ahead.

 

 

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About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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