Microfibrillated Cellulose Fiber Market Projected to Discern Stable Expansion During 2019-2029
The global microfibrillated cellulose fiber market study presents an all in all compilation of the historical, current and future outlook of the market as well as the factors responsible for such a growth. With SWOT analysis, the business study highlights the strengths, weaknesses, opportunities and threats of each microfibrillated cellulose fiber market player in a comprehensive way. Further, the microfibrillated cellulose fiber market report emphasizes the adoption pattern of the microfibrillated cellulose fiber across various industries. The Fact.MR report tracks the MFC fiber market for the period 2018-2028. According to the report, the MFC fiber market is projected to grow at over 13% CAGR through 2028.
The microfibrillated cellulose fiber market report highlights the following players:
- FiberLean Technologies Limited
- Zelfo Technolgies GmbH
- Weidmann Fiber Technology
- Nippon paper
- Many Others
The microfibrillated cellulose fiber market report examines the operating pattern of each player – new product launches, partnerships, and acquisitions – has been examined in detail.
As Performance Enhancer, MFC Fiber Utilization to Cross Two-Third of Global Demand in 2018
Fact.MR study opines that demand for MFC fibers as a performance enhancer agent is expected to register over 65% of the MFC fiber demand in 2018. As a performance enhancer agent, MFC fibers are used as a rheology modifier, thickening agent and strengthening agent.
In the barriers film landscape, MFC fibers hold the potential to replace plastic in the packaging industry. Incorporation of MFC fibers in fiber products deliver greater performance, improved tear resistance and oxygen and moisture barrier. As these are the essential quality sought after by barrier films manufacturers, Fact.MR study shows that demand for MFC fibers in barrier films application registered one third of the global consumption in 2017 and the demand will continue in 2018.
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Amid the extensive list of end-use industries, Fact.MR finds that the paper industry will hold nearly one fourth share in the MFC fiber market in 2017 and the status quo is likely to continue in 2018. MFC fibers have been studied to increase bonding and enhance dimensional stability of paper with the involvement of reduced raw material. Thus delivered greater performance is being highly appreciated by the paper industry, thereby driving the demand for MFC fibers.
The study estimates that packaging and dairy industries presented a comparable demand for MFC fiber in 2017 and both will collectively report over 64% of the volume share in 2018. Incorporation of MFC fibers in packaging fiber materials is known to deliver lighter, stronger and most buzzing eco-friendly packaging material. Further, FDA’s addition of MFC fibers in the inventory of Food Contact Substances (FCS) Notification will push the utilization of MFC fibers in dairy product packaging.
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Europe Held over Two-Fifth Share in MFC fiber Market in 2017, North America Followed Suit
Fact.MR study opines that Europe continues to register considerable demand for MFC fibers and held over two-fifth share in the MFC fiber market. Countries in Northwestern Europe are estimated to consume prominent quantities of MFC fibers and account for nearly half the Europe consumption. North America with its significant production as well as consumption of paper, is expected to follow Europe in generating demand for nearly 2000 tons of MFC fibers in 2018.
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