Global Microcrystalline Cellulose Market (2017-2026): Set to Grow at a CAGR of 8% - ResearchAndMarkets.com

The "Microcrystalline cellulose - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.

According to this report, the Global Microcrystalline cellulose market accounted for $829.5 million in 2017 and is expected to reach $1,652.19 million by 2026 growing at a CAGR of 8% during the forecast period.

Factors such as the growing pharmaceutical industry, high growth in emerging economies and rising R&D investment in the pharmaceutical industry are driving the market growth. However, price volatility and availability of substitute products are some key factors hampering the market growth.

Based on Application, Cosmetics & Personal Care segment has acquired significant market growth during the forecast period. Microcrystalline cellulose is widely used for a variety of cosmetics & personal care products including bath, hair, eye & facial makeup, skincare and shaving products.

Based on geography, North America is anticipated to be the largest market share during the forecast period due to the presence of leading manufacturers of the 3D imaging technology based device.

Source Types Covered:

  • Non-Wood Based
  • Refined Cotton Based
  • Wood Based

Applications Covered:

  • Pharmaceutical
  • Food & Beverage
  • Cosmetics & Personal Care
  • Paints
  • Rubber
  • Chromatography
  • Welding Electrodes
  • Cement & Ceramics
  • Oil & Gas Refineries
  • Coating
  • Other Applications

Companies Profiled:

  • Asahi Kasei Chemicals Corporation
  • Roquette
  • JRS Pharma GmbH & Co. KG
  • Gujarat Microwax Limited
  • Huzhou City Linghu Xinwang Chemical Co. Ltd.
  • DowDuPont
  • Rayonier Advanced Materials
  • DFE Pharma GmbH & Co. KG
  • Avantor Performance Materials Inc.
  • Sigachi Industrial Pvt. Ltd.
  • Accent Microcell Pvt. Ltd.
  • Ranq Remedies Pvt. Ltd.
  • Foodchem International Corporation
  • Shandong Guanda Technology
  • Maple Biotech Pvt. Ltd.
  • Anhui Sunhere Pharmaceutical Excipients Co. Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/xlscsx/global?w=4