Latest News- Microcrystalline Cellulose (MCC) Market: Pharmaceutical is expected to lead the Application segment during 2025-2029

The Microcrystalline Cellulose (MCC) Market is being driven by Growth of the pharmaceutical industry

The Microcrystalline Cellulose (MCC) Market is expected to grow at a CAGR of 6.5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 487.4 million. The global microcrystalline cellulose (MCC) market is experiencing significant growth due to the expansion strategies adopted by key players. Established companies, both internationally and regionally, are increasing production capacity to cater to a larger customer base and strengthen their market presence. For instance, Asahi Kasei's January 2024 commencement of full commercial operations at its second Ceolus MCC manufacturing facility in Japan underscores this trend. This expansion reinforces the company's commitment to ensuring a stable global supply of Ceolus, addressing the increasing demand across various industries. Notably, Asahi Kasei has successfully maintained the nitrite concentration in Ceolus at 0 ppm, further enhancing its product offerings. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • Pharmaceutical
  • Food and beverage
  • Cosmetics and personal care
  • Others
• Material
  • Wood-based
  • Non-wood based
• Type
  • Acid hydrolysis
  • Reactive extrusion
  • Enzyme mediated
  • Steam explosion
• Geography
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • North America
    • Canada
    • US
  • APAC
    • China
    • India
    • Japan
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growth of the pharmaceutical industry
• Rapid growth in online sales of microcrystalline cellulose products
• Increase in research and development activities

However, the market also witnesses some limitations, which are as follows:

• Availability of substitutes for microcrystalline cellulose
• Stringent government regulations in pharmaceutical industry
• Complexities in manufacturing microcrystalline cellulose

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Market Scope in Microcrystalline Cellulose (MCC) Market Research Report

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Research Analysis Overview

Microcrystalline Cellulose (MCC) is a refined form of cellulose derived from Alpha-cellulose, primarily sourced from wood pulp and non-wood sources. It is produced through the treatment of cellulose with mineral acids and then subjected to freeze-drying. MCC is utilized as an excipient in various industries, including pharmaceuticals for use as a binder, disintegrant, and tablet formulation component in drug development. In the processed food industry, it functions as a stabilizer, suspension agent, and film-forming agent. MCC also finds applications in the personal care industry, rubber industry, and as a thickener in foods like meats and dairy products. Other cellulose derivatives such as Carboxymethyl cellulose (CMC), Kappa-carrageenan, Croscarmellose sodium (CCS), Guar gum are also used in different applications based on their properties.

Market Research Overview

In the realm of the global specialty chemicals market, Microcrystalline Cellulose (MCC) represents a significant segment, with key players specializing in its production and application. MCC, derived from alpha-cellulose through the application of mineral acids and subsequent processing techniques such as freeze-drying, is a high-value-added chemical. Its usage extends to various industries, including pharmaceuticals, food, and cosmetics, as a binder, disintegrant, and excipient. The market size for specialty chemicals, including MCC, is calculated based on the combined revenue generated by manufacturers. The growth of this market is propelled by the increasing demand for specialty adhesives and sealants, which are integral components in numerous industries. As industries shift towards more advanced and specialized solutions, the demand for MCC and other specialty chemicals is expected to escalate, thereby fueling market expansion throughout the forecast period.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/