Market Overview:
The global microcrystalline cellulose spheres market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for pharmaceuticals and other applications. North America is expected to dominate the market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
Microcrystalline cellulose spheres are tiny balls of plant fiber that have been processed to be uniform in size. They are used as a thickener and stabilizer in food products, and can also be used as a filler in pharmaceuticals. Their importance lies in their ability to improve the texture and stability of foods, while also providing some nutritional value.
< 150 μm:
Microcrystalline cellulose is a type of cellulose that has an average particle size between 10 and 15 nanometers. It is produced from the chemical reaction of cellulose with sodium hydroxide, which gives it a smooth and homogenous surface. The finished product has an appearance similar to table tennis balls, hence the name microcrystalline cellulose spheres or sometimes called spheroidal wood pulp.
150-300 μm:
150-300 μm is the average fiber length and it's usage in microcrystalline cellulose spheres market. Microcrystalline cellulose (MCC) is a type of Cellulosic Spheres, produced by the chemical reaction between cellulose and hemicellulosins. It has an average particle size of 15-300 microns with most commercially available MCC having an average particle size of around 200-250 microns.
Application Insights:
The pharmaceutical industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Microcrystalline cellulose sph¢â‚¬â„¢s are used as an excipient in drug formulations that require a medium viscosity product. They are also used as a filler in tablets, capsules, and powder forms of drugs. The growing use of microcrystalline cellulose sphƒ©rides for manufacturing controlled release pharmaceutical products is anticipated to drive their demand over the coming years.
Microcrystalline cellulose sphĩrides have found applications other than that of being exclusively incorporated into pharmaceutical formulations such as being mixed with colorants, flavors.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and urbanization, which has led to an increase in the demand for consumer goods along with automobiles. The region is also witnessing strong economic growth due to increasing foreign investments coupled with rising disposable income levels of consumers and improving standard of living. These factors are anticipated to drive industry expansion over the forecast period.
Europe was estimated as the second-largest regional market in 2017 on account of high product demand from several end-use industries including construction, packaging, pharmaceuticals, electronics among others.
Growth Factors:
- Increasing demand for Microcrystalline Cellulose Spheres from various end-use industries such as pharmaceuticals, cosmetics, and food & beverages.
- Rising awareness about the benefits of using Microcrystalline Cellulose Spheres in various applications is expected to boost the market growth.
- Growing R&D investments by key players for developing innovative products is projected to fuel the market growth over the forecast period.
- Increasing number of mergers and acquisitions by leading players is anticipated to propel the market growth in near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Microcrystalline Cellulose Spheres Market Research Report
By Type
< 150 μm, 150-300 μm, 300-500 μm, 500-700 μm, >700 μm
By Application
Pharmaceutical Industry, Other
By Companies
SEPPIC, JRS Pharma, NB Entrepreneurs, Asahi Kasei, Ideal Cures, Sigachi Industries, Topchain, Hangzhou Chengyuan Biotech, Guangzhou Standard Pharma
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Microcrystalline Cellulose Spheres Market Report Segments:
The global Microcrystalline Cellulose Spheres market is segmented on the basis of:
Types
< 150 μm, 150-300 μm, 300-500 μm, 500-700 μm, >700 μm
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceutical Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SEPPIC
- JRS Pharma
- NB Entrepreneurs
- Asahi Kasei
- Ideal Cures
- Sigachi Industries
- Topchain
- Hangzhou Chengyuan Biotech
- Guangzhou Standard Pharma
Highlights of The Microcrystalline Cellulose Spheres Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- < 150 μm
- 150-300 μm
- 300-500 μm
- 500-700 μm
- >700 μm
- By Application:
- Pharmaceutical Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Microcrystalline Cellulose Spheres Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Microcrystalline cellulose spheres are a type of microsphere made from cellulose. They are used as an ingredient in many products, including pharmaceuticals and food.
Some of the major companies in the microcrystalline cellulose spheres market are SEPPIC, JRS Pharma, NB Entrepreneurs, Asahi Kasei, Ideal Cures, Sigachi Industries, Topchain, Hangzhou Chengyuan Biotech, Guangzhou Standard Pharma.
The microcrystalline cellulose spheres market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Microcrystalline Cellulose Spheres Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Microcrystalline Cellulose Spheres Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Microcrystalline Cellulose Spheres Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Microcrystalline Cellulose Spheres Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Microcrystalline Cellulose Spheres Market Size & Forecast, 2020-2028 4.5.1 Microcrystalline Cellulose Spheres Market Size and Y-o-Y Growth 4.5.2 Microcrystalline Cellulose Spheres Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 < 150 μm
5.2.2 150-300 μm
5.2.3 300-500 μm
5.2.4 500-700 μm
5.2.5 >700 μm
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pharmaceutical Industry
6.2.2 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Microcrystalline Cellulose Spheres Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Microcrystalline Cellulose Spheres Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 < 150 μm
9.6.2 150-300 μm
9.6.3 300-500 μm
9.6.4 500-700 μm
9.6.5 >700 μm
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pharmaceutical Industry
9.10.2 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 < 150 μm
10.6.2 150-300 μm
10.6.3 300-500 μm
10.6.4 500-700 μm
10.6.5 >700 μm
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pharmaceutical Industry
10.10.2 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 < 150 μm
11.6.2 150-300 μm
11.6.3 300-500 μm
11.6.4 500-700 μm
11.6.5 >700 μm
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pharmaceutical Industry
11.10.2 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 < 150 μm
12.6.2 150-300 μm
12.6.3 300-500 μm
12.6.4 500-700 μm
12.6.5 >700 μm
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pharmaceutical Industry
12.10.2 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 < 150 μm
13.6.2 150-300 μm
13.6.3 300-500 μm
13.6.4 500-700 μm
13.6.5 >700 μm
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pharmaceutical Industry
13.10.2 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Microcrystalline Cellulose Spheres Market: Competitive Dashboard
14.2 Global Microcrystalline Cellulose Spheres Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SEPPIC
14.3.2 JRS Pharma
14.3.3 NB Entrepreneurs
14.3.4 Asahi Kasei
14.3.5 Ideal Cures
14.3.6 Sigachi Industries
14.3.7 Topchain
14.3.8 Hangzhou Chengyuan Biotech
14.3.9 Guangzhou Standard Pharma