Cellulose is the prime component of a plant cell. Ground cellulose is partially depolymerized cellulose, obtained from wood pulp. It is also formed through some of the fungi, bacteria, algae or marine animals. It is insoluble in water and is primarily used as bulking and anticaking agent in production of food products. Furthermore, it is used as a texturizer, emulsifier and as an extender in pharmaceutical or personal care products. Wide usage of ground cellulose in manufacturing food products coupled with growth of the pharmaceutical excipient industry is driving the demand of the global market across the globe. Ground Cellulose Market accounted for 17.6 kilotons in 2016 and is expected to reach 31.8 kilotons by 2025, growing at a CAGR of 6.9% from 2017 to 2025.
The Global Ground Cellulose Market is enhanced by factors such as:
Increasing demand from pharmaceutical industries.
Increased acceptance of microcrystalline cellulose as an excipient in food industry.
Increase in consumer purchasing power.
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The pharmaceutical segment is anticipated to show significant growth prospects during the research period. This growth is accredited to the wide usage of ground cellulose in pharmaceutical products. It can be used in every kind of oral dosage such as capsules, tablets, pellets, sachets, and others. Additionally, these are highly used as a texturizer and a thickening agent in cosmetics and personal care products, which is expected to support the demand for the Global Ground Cellulose Market in cosmetics and personal care products in the near future.
In terms of regional analysis, North America is estimated as a well-established market. The region is expected to contribute highest share in terms of revenue. In North America, U.S. is projected to account for the foremost market share followed by Canada. Europe is expected to show substantial growth over the study period. Growing pharmaceutical industry in the region is expected to be the driving factor for the Global Ground Cellulose Market in the forthcoming period. Developing regions such as the Asia Pacific is predicted to demonstrate healthy growth over the prognosis period. Cheap and easy availability of raw material, regulatory support, and growing demand for pharmaceutical products in the region is anticipated to be the driving factor for the global market during the forecast period.
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Some of the significant players functional in the Global Ground Cellulose Market include Avantor Performance Materials Inc., FMC Corporation, Du Pont, Asahi Kasei Corporation, Tembec Inc., and DFE Pharma among others. Few of the other prominent players are Blanver Farmoquimica Ltd., JRS Pharma, Mingtai Chemical Co., Ltd., Pharmatrans-Sanaq AG, Sigachi Industrial Pvt. Ltd., Juku Orchem Private Limited and Accent Microcell Ltd. among others.
Table of Contents:-
Global Ground Cellulose Market Research Report 2017
Chapter 1 Global Ground Cellulose Market Overview
Chapter 2 India and China Economic Impact on Industry
Chapter 3 Global Ground Cellulose Market Competition by Manufacturers
Chapter 4 China Production, Revenue (Value) by Region
Chapter 5 China Supply (Production), Consumption, Export, Import by Regions
Chapter 6 China Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Ground Cellulose Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Global Ground Cellulose Market Effect Factors Analysis