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Home>Top 5 Vendors in the Global Microcrystalline Cellulose Market - Technavio

Top 5 Vendors in the Global Microcrystalline Cellulose Market - Technavio

Top 5 Vendors in the Global Microcrystalline Cellulose Market - Technavio

09/26/2017

Top 5 Vendors in the Global Microcrystalline Cellulose Market - Technavio

Technavio has announced the top five leading vendors in their recent global microcrystalline cellulose market 2017-2021 report. This market research report also lists 10 other prominent vendors that are expected to impact the market during the forecast period.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170925006191/en/

Technavio has published a new report on the global microcrystalline cellulose market from 2017-2021. ...

Technavio has published a new report on the global microcrystalline cellulose market from 2017-2021. (Graphic: Business Wire)

Competitive vendor landscape

According to the research analysis, the global microcrystalline cellulose market is moderately fragmented with the presence of many global and local vendors. The parent market for microcrystalline cellulose is the global renewable chemicals market. The market under study holds only around 1.5% of the parent market, which makes it extremely niche. The key vendors of this market are Asahi Kasei, FMC, FrieslandCampina, MINGTAI CHEMICAL, and Tembec.The production of microcrystalline cellulose is mainly concentrated in China and the US.

According to Kurva Samba Sivudu, a lead analyst at Technavio for specialty chemicals research, “The improved performance of microcrystalline cellulose, consumer preference for fiber supplements, and diversified applications is resulting in an amplified growth of the global microcrystalline cellulose market. Additionally, the GRAS approval by the FDA, the European Union, and the US Pharmacopeia will also drive market growth. The presence of skilled labor and minimum government norms will push the manufacturers to expand their production base to APAC, especially to countries such as Vietnam, China, India, and Japan.”

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

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