Report Description
Market Outlook:
The global microfibrillated cellulose (MFC) market was valued at USD 4,184.6 million in 2019 and is expected to reach USD 17,212.5 million by 2027, expanding at a CAGR of 23.0% during the forecast period.
Microfibrillated cellulose (MFC) is obtained from the fibrillation process of cellulose fibers. Microfibrillated cellulose (MFC) consists of naturally occurring cellulose in which the external layer of the fibers has been stripped away by mechanical shearing. MFC has high viscosity & yield stress. MFC comprises of thin and long fibers that form a three-dimensional network.
Most of the microfibrillated cellulose (MFC) is a natural material made up of cellulose fibrils that is produced by co-grinding standard chemical pulp with minerals such as kaolin, calcium carbonate, and other.
Market Dynamics
Microfibrillated cellulose (MFC) is evolving as a promising versatile material with applications across diverse areas. The multiple benefits associated with the use of MFC is driving the market growth across
the globe. Moreover, the industries including paper, packaging, food, paints & coatings, and personal care are increasingly focusing on the adoption of this fiber material. For instance, in water-based paints, MFC can be used to prevent sedimentation, distribution, and yield of pigments.
The MFC material is a 100% biodegradable packaging material that is sourced from a renewable resource. This factor is contributing to the growth of microfibrillated cellulose (MFC) market. Moreover, factors such as the increasing focus of organizations on environmental protection and rising pollution issues due to plastic waste management are expected to create a new opportunity for MFC materials thereby, augmenting the market growth.
MFC films act as an alternative to aluminum films as it aids to reduce the carbon footprint. Hence, the adoption of microfibrillated cellulose is expected to increase during the forecast period. However, strict government regulations coupled with the increasing need for sustainable products have stimulated the industry players to look for alternatives. Moreover, the heterogeneous nature of microfibrillated cellulose is expected to hinder the market growth during the forecast period.
Microfibrillated Cellulose (MFC) Market Segmental Outlook
On the basis of types, the microfibrillated cellulose (MFC) market is segmented into mechanical method, chemical method, and biological method. The chemical method segment held a substantial market share in 2019 and is anticipated to expand at the highest CAGR during the forecast period.
The growth is attributed to the growing focus of government organizations towards chemical method over the other methods. A chemical method exhibits cellulose polymers to form a building block unit that is D-glucopyranose (glucose) molecules which are connected by glucosidic bonds.
Based on the applications, the microfibrillated cellulose (MFC) market is segmented into paper, packaging, food, paints & coatings, personal care, and others. The packaging segment held considerable market share in 2019 and is anticipated to expand at a significant CAGR during the forecast period. The segmental growth is attributed to the increasing use of microfibrillated cellulose as a material in renewable packaging.
For instance, Stora Enso, a provider of renewable solutions in packaging, has launched paperboard enhanced with MFC commercially, in milk cartons for the dairy industry. MFC added in the folding boxboard increases bonding strength. MFC assists in making a stronger board thereby, reducing the total weight of the package.
Microfibrillated Cellulose (MFC) Market Regional Outlook
In terms of regions, the global microfibrillated cellulose (MFC) market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe is expected to hold considerable market share during the forecast period. The large share is attributed to the strong presence of market players providing microfibrillated cellulose. Moreover, American Process introduced a technology namely GreenBox++ technology that is used for the production of chemical-free corrugating medium.
The institute completed the installation of a pilot demonstration plant of around 0.5 tons of cellulose nanofibrils per day at its Georgia bio-refinery. Furthermore, API collaborated with various containerboard mills in Canada, Malaysia and the U.S. Thus, the market in Russia is expected to offer a variety of opportunities in paper and paperboard applications. Additionally, the developing phase of the MFC industry and the focus of market players towards commercialization is anticipated to propel the market growth during the forecast period.
Key Benefits for Industry Participants & Stakeholders
- In-depth Analysis of the Global Microfibrillated Cellulose (MFC) Market
- Historical, Current and Projected Market Size in terms of Value (USD Million)
- Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
- Industry Drivers, Restraints and Opportunities Covered in the Study
- Recent Industry Trends and Developments
- Competitive Landscape & Strategies of Key Players
- Neutral Perspective on Global Microfibrillated Cellulose (MFC) Market Performance
Table Of Content
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Microfibrillated Cellulose (MFC) 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 Microfibrillated Cellulose (MFC) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Microfibrillated Cellulose (MFC) 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 Microfibrillated Cellulose (MFC) 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 Microfibrillated Cellulose (MFC) Market Size & Forecast, 2017-2027
4.5.1 Microfibrillated Cellulose (MFC) Market Size and Y-o-Y Growth
4.5.2 Microfibrillated Cellulose (MFC) Market Absolute $ Opportunity
4.6 Global Microfibrillated Cellulose (MFC) Market - Pricing Analysis & Forecast, 2017-2027
Chapter 5 Global Microfibrillated Cellulose (MFC) Market Analysis and Forecast By Types
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities By Types
5.1.2 Basis Point Share (BPS) Analysis By Types
5.1.3 Absolute $ Opportunity Assessment By Types
5.2 Microfibrillated Cellulose (MFC) Market Size Forecast By Types
5.2.1 Mechanical Method
5.2.2 Chemical Method
5.2.3 Biological Method
5.3 Market Attractiveness Analysis By Types
Chapter 6 Global Microfibrillated Cellulose (MFC) 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 Microfibrillated Cellulose (MFC) Market Size Forecast By Applications
6.2.1 Paper
6.2.2 Packaging
6.2.3 Food
6.2.4 Paints & Coatings
6.2.5 Personal Care
6.2.6 Others
6.3 Market Attractiveness Analysis By Applications
Chapter 7 Global Microfibrillated Cellulose (MFC) Market Analysis and Forecast by Regions
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Regions
7.1.2 Basis Point Share (BPS) Analysis by Regions
7.1.3 Absolute $ Opportunity Assessment by Regions
7.2 Microfibrillated Cellulose (MFC) Market Size Forecast by Regions
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 Regions
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 Microfibrillated Cellulose (MFC) Analysis and Forecast
9.1 Introduction
9.2 North America Microfibrillated Cellulose (MFC) 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 Microfibrillated Cellulose (MFC) Market Size Forecast By Types
9.6.1 Mechanical Method
9.6.2 Chemical Method
9.6.3 Biological Method
9.7 Basis Point Share (BPS) Analysis By Types
9.8 Absolute $ Opportunity Assessment By Types
9.9 Market Attractiveness Analysis By Types
9.10 North America Microfibrillated Cellulose (MFC) Market Size Forecast By Applications
9.10.1 Paper
9.10.2 Packaging
9.10.3 Food
9.10.4 Paints & Coatings
9.10.5 Personal Care
9.10.6 Others
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 Microfibrillated Cellulose (MFC) Analysis and Forecast
10.1 Introduction
10.2 Europe Microfibrillated Cellulose (MFC) 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 Microfibrillated Cellulose (MFC) Market Size Forecast By Types
10.6.1 Mechanical Method
10.6.2 Chemical Method
10.6.3 Biological Method
10.7 Basis Point Share (BPS) Analysis By Types
10.8 Absolute $ Opportunity Assessment By Types
10.9 Market Attractiveness Analysis By Types
10.10 Europe Microfibrillated Cellulose (MFC) Market Size Forecast By Applications
10.10.1 Paper
10.10.2 Packaging
10.10.3 Food
10.10.4 Paints & Coatings
10.10.5 Personal Care
10.10.6 Others
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 Microfibrillated Cellulose (MFC) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Microfibrillated Cellulose (MFC) 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 Microfibrillated Cellulose (MFC) Market Size Forecast By Types
11.6.1 Mechanical Method
11.6.2 Chemical Method
11.6.3 Biological Method
11.7 Basis Point Share (BPS) Analysis By Types
11.8 Absolute $ Opportunity Assessment By Types
11.9 Market Attractiveness Analysis By Types
11.10 Asia Pacific Microfibrillated Cellulose (MFC) Market Size Forecast By Applications
11.10.1 Paper
11.10.2 Packaging
11.10.3 Food
11.10.4 Paints & Coatings
11.10.5 Personal Care
11.10.6 Others
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 Microfibrillated Cellulose (MFC) Analysis and Forecast
12.1 Introduction
12.2 Latin America Microfibrillated Cellulose (MFC) 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 Microfibrillated Cellulose (MFC) Market Size Forecast By Types
12.6.1 Mechanical Method
12.6.2 Chemical Method
12.6.3 Biological Method
12.7 Basis Point Share (BPS) Analysis By Types
12.8 Absolute $ Opportunity Assessment By Types
12.9 Market Attractiveness Analysis By Types
12.10 Latin America Microfibrillated Cellulose (MFC) Market Size Forecast By Applications
12.10.1 Paper
12.10.2 Packaging
12.10.3 Food
12.10.4 Paints & Coatings
12.10.5 Personal Care
12.10.6 Others
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) Microfibrillated Cellulose (MFC) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Microfibrillated Cellulose (MFC) 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) Microfibrillated Cellulose (MFC) Market Size Forecast By Types
13.6.1 Mechanical Method
13.6.2 Chemical Method
13.6.3 Biological Method
13.7 Basis Point Share (BPS) Analysis By Types
13.8 Absolute $ Opportunity Assessment By Types
13.9 Market Attractiveness Analysis By Types
13.10 Middle East & Africa (MEA) Microfibrillated Cellulose (MFC) Market Size Forecast By Applications
13.10.1 Paper
13.10.2 Packaging
13.10.3 Food
13.10.4 Paints & Coatings
13.10.5 Personal Care
13.10.6 Others
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 Microfibrillated Cellulose (MFC) Market: Competitive Dashboard
14.2 Global Microfibrillated Cellulose (MFC) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 FiberLean Technologies
14.3.2 Borregaard
14.3.3 Stora Enso
14.3.4 Daicel FineChem
14.3.5 Norkse Skog
14.3.6 Zelfo Technology
14.3.7 CelluComp
14.3.8 SAPPI
14.3.9 Nippon Paper Group
14.3.10 InoFib
14.3.11 Rettenmaier&Sohne GmbH
14.3.12 Fibria (Suzano Brazil)
14.3.13 Weidmann Fiber Technology