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.
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.
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.
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.
Some frequently asked quetions about this report!
Additional company profiles can be provided on request.
Yes, the report covers product specific information such as mechanical method, chemical method, and biological method.
According to the Growth Market Reports, the market from microfibrillated cellulose (MFC) is likely to register a CAGR of 23.0% during forecast period 2020-2027, with an anticipated valuation of USD 17,212.5 million by the end of the 2027.
The report provides company market share analysis for the global microfibrillated cellulose (MFC).
Versatility of microfibrillated cellulose with variety of applications coupled with environment friendly next generation packaging offered by MFC are some of the factors that will drive the growth of microfibrillated cellulose (MFC) market.
The factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.
The market is expected to witness a decline in the growth in 2020 as compared to the previous year owing to the negative impact of COVID-19.
The base year considered for the global microfibrillated cellulose (MFC) market report is 2019. The complete analysis period is 2017 to 2027, wherein, 2017 & 2018 are the historic years and the forecast is provided from 2020 to 2027.
The industries such as paper, food, packaging, paints & coatings, and personal care are the key end-users that are driving the microfibrillated cellulose (MFC) market.
The major manufactures include FiberLean Technologies, Borregaard, Stora Enso, Daicel FineChem, and Norkse Skog among others.
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