Data Bridge Market Research analyses that the non-wood microcrystalline market will witness a CAGR of 6.1% for the forecast period of 2022-2029 and is likely to reach at USD 532.00 million by the end of the forecast period of 2022-2029.
Non-wood microcrystalline cellulose is partially depolymerized cellulose in its pure form that is produced from cellulose precursor. Acid hydrolysis, reactive extrusion, steam explosion, and enzyme-mediated synthesis are all methods for producing microcrystalline cellulose. Microcrystalline cellulose is widely used in the food and beverage industries, as well as the pharmaceutical and personal care industries. Microcrystalline cellulose is added to processed foods in the food and beverage industry to create a creamy and smooth mouth feel.
The rise in the pharmaceutical industry is expected to drive the growth of the non-wood microcrystalline cellulose market during the forecast period. Furthermore, the increasing use of microcrystalline cellulose (MCC) as a pharmaceutical excipient is expected to drive the microcrystalline cellulose (MCC) market.
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Some of the major players operating in the non-wood microcrystalline market report DuPont, Dow, Rayonier Advanced Materials., FMC Corporation, Asahi Kasei Corporation, Roquette Frères, DFE Pharma, Accent Microcell Pvt. Ltd., JRS PHARMA, Sigachi Industries Pvt. Ltd., Ming Tai Chemical Co. Ltd, Scope Ingredients Pvt. Ltd., Chinainfo.org, Pfanstiehl, Inc., BASE SE, Clariant, TAITRA and Accent Microcell Pvt. Ltd., among others.
Scope of the Non-wood Microcrystalline Cellulose Market Report:
The non-wood microcrystalline market is segmented on the basis of process and end-user industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of process, the non-wood microcrystalline market is segmented into reactive extrusion, enzyme mediated, mechanical grinding, ultra-sonication, steam explosion, and acid hydrolysis.
- On the basis of application, the non-wood microcrystalline market is segmented into food and beverages, pharmaceutical, personal care, paints and coatings, others.
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Non-wood Microcrystalline Cellulose Market Regional Analysis/Insights
The Non-wood Microcrystalline Cellulose market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Non-wood Microcrystalline Cellulose 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, Israel, Egypt, South Africa, 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 dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Non-wood Microcrystalline Cellulose within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Non-wood Microcrystalline Cellulose market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.
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