Microfibrillated Cellulose Market: Views Sought On New ApproachPosted by Roger on April 17th, 2023 Microfibrillated cellulose (MFC) is a type of cellulose that is derived from plant-based sources such as wood pulp, cotton, or agricultural waste. MFC is a highly refined form of cellulose that has been mechanically processed to break down the fibers into micro-scale dimensions, typically between 100 nm to 1 µm in diameter. MFC has gained attention in recent years due to its unique properties and potential applications in various industries. Market Overview: The global microfibrillated cellulose market size was valued at USD 109.6 million in 2020 and is projected to reach USD 320.9 million by 2028, growing at a CAGR of 14.2% from 2021 to 2028. The increasing demand for sustainable and eco-friendly materials in various end-use industries, such as packaging, paper and pulp, and composites, is driving the growth of the MFC market. Additionally, the growing use of MFC as a rheology modifier and stabilizer in various food and personal care products is also boosting market growth. Application Segments: The microfibrillated cellulose market can be segmented based on application into the following categories:
Regional Analysis: The microfibrillated cellulose market can be segmented based on geography into the following regions:
Key Players: The key players operating in the microfibrillated cellulose market include Borregaard ASA, Stora Enso Oyj, Nippon Paper Industries Co., Ltd., Celluforce Inc., Daicel FineChem Ltd., Kruger Inc., Fiberlean Technologies Ltd., Sappi Limited, Melodea Ltd., and American Process Inc. These companies are adopting various strategies, such as mergers and acquisitions, collaborations, and new product launches, to expand their market share and increase their profitability. Read More - https://www.coherentmarketinsights.com/market-insight/microfibrillated-cellulose-market-4967 About Coherent Market Insights Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients. Contact Us Mr. Shah Like it? Share it!More by this author |