For Sale : Microcrystalline Cellulose Market

Posted on April 09, 2019 07:28 am - All Ads by this Poster - Email to friend - Flag this Ad

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Description:

Mi <a href=”https://www.maximizemarketresearch.com/market-report/microcrystalline-cellulose-market-global-industry-analysis-and-forecast-2018-2026-by-source-by-end-use-and-by-region-type/13475/ ”> </a>crocrystalline Cellulose Market was valued US$ 755 Mn by 2017 and is estimated to reach approximately US$ 1220 Mn by 2026 at a CAGR of about 6 % during a forecast period. Microcrystalline cellulose is used as a stabilizer, a fat substitute, an anti-caking agent and emulsifier in food items such as frozen food, ice cream, canned meat, etc. to improve its stability. Microcrystalline Cellulose is widely used in pharmaceuticals, owing to its tasteless, odour less, and chemical inertness properties. Growing pharmaceutical industry is expected to support the market growth of microcrystalline cellulose. Microcrystalline market is gaining market rapidly owing to number of applications in end use industry. Availability of several substitutes, such as guar gum, carboxy methyl cellulose, xanthan gum, etc. are likely to restrain the microcrystalline cellulose market. Additionally High production cost along with lower expected yield brings restrain to microcrystalline cellulose market.In terms of source microcrystalline cellulose market is segmented into wood and non-wood. Wood-based sources constitutes a major share in microcrystalline cellulose market. Microcrystalline cellulose is obtained from wood pulp. Non wood source segment is about to gain a market in near future due to rising environmental concerns to reduce deforestation that has resulted into microcrystalline cellulose market recovery by other sources, such as agricultural waste, cotton linters, etc. In terms of end use microcrystalline cellulose market is segmented into Food & Beverage, Pharmaceutical, Cosmetics & Personal Care, paint and coatings and other. Among these pharmaceutical is leading the market due to its properties like tasteless, odour less, and chemical inertness properties. Microcrystalline cellulose is majorly applicable in the drug formulation such as vitamin supplements and tablets. Pharmaceutical is followed by food & beverage and cosmetics end use segment. . Microcrystalline cellulose is used for variety of purpose in cosmetic industry as an abrasive absorbent, emulsion stabilizer, slip modifier and an aqueous viscosity increasing agent mainly for bath, hair, eye & facial makeup, skincare and shaving products. In paint and coating industry microcrystalline cellulose can be used as thickeners and emulsifiers of water-based coatings.

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