Global Microfibrillated Cellulose (MFC) Market: Overview

The cellulose polymer refers to a linear polymer that occurs naturally and is made from the repeating units of glucose. By applying fibrillation process on cellulose fibers, microfibrillated cellulose is obtained. The product is considered one of the leading and emerging sustainable packaging materials, which is likely to boost the global microfibrillated cellulose (MFC) market in the years to come. The packaging and paper industry is witnessing substantial penetration of microfibrillated cellulose. With the increased application of the product in various applications of paper, the use of other raw materials is diminished. Microfibrillated cellulose makes replacement of the usual filler materials. Microfibrillated cellulose is estimated to make replacement of aluminum in packaging application due to its excellent barrier properties. All these benefits of the product is likely support expansion of the global microfibrillated cellulose (MFC) market over the tenure of analysis.

Application, product type, and region are the three important parameters based on which the global microfibrillated cellulose (MFC) market has been categorized. Such dissection of the market comes with the purpose to offer stakeholders with a detailed and clear analysis of the global microfibrillated cellulose (MFC) market.

To gauge the scope of customization in our reports Ask for a Sample

Global Microfibrillated Cellulose (MFC) Market: Notable Developments

One of the developments that offer a glimpse of the market dynamics about the global microfibrillated cellulose (MFC) market is mentioned below:

  • January 2017, Helsinki-based Stora Enso Oyj and Sweden-based BillerudKorsnäs AB made an announcement of phasing in the use of microfibrillated cellulose in the manufacturing of paperboard products. Utilizing microfibrillated cellulose from Stora Enso lightweight cartons of milk have already been market tested. Use of microfibrillated cellulose in paperboard is expected to transform the business for both the manufacturers in the years to come.

Some of the prominent organizations in the global microfibrillated cellulose (MFC) market include the below-mentioned:

  • Elopak AS
  • Stora Enso Oyj
  • BillerudKorsnäs AB
  • Borregaard AS
  • Weidmann Fiber Technology
  • FiberLean Technologies Limited

Looking for Regional Analysis or Competitive Landscape in Global Microfibrillated Cellulose (MFC) Market, ask for a customized report

Global Microfibrillated Cellulose (MFC) Market: Key Trends

The global microfibrillated cellulose (MFC) market is characterized by the presence of the following restraints, drivers, and opportunities.

Demand to Ride on the Back of the Increased Awareness about Biodegradable Products

The global microfibrillated cellulose (MFC) market is estimated to be driven by the multiple benefits offered by the use of this material.      Microfibrillated cellulose is utilized to lighten and strengthen fiber materials sustainably. Furthermore, these products are obtained with diminished use of materials but it offers the same performance. For instance, products made with microfibrillated cellulose make use of just 1% of this fiber but it results in around 15% to 20% of improvement in the performance of the product. The microfibrillated cellulose fiber is stiffer and stronger than carbon fiber or glass and is light in weight at the same time. The benefits of the using the product is estimated to encourage growth of the global microfibrillated cellulose (MFC) market in the years to come.

The material offers excellent moisture and oxygen barriers. Microfibrillated cellulose can be utilized in the form of paper coatings, nanocomposites, and films. For instance, a water vapor transfer rate (WTR) is as low as 0.4 g/m2day and OTR or oxygen transmission rates is 4 -10 mL/m2day for microfibrillated cellulose films. In addition to these, the product can be derived from plant waste, which makes the price competitive. The mode of production has changed completely owing to the development of various forms of optimization in the recent years.

Furthermore, formulations of strict regulations by the government together with the rising need for sustainable products in almost every facet of life have compelled manufacturers to look for alternative options. With the progress made in the packaging industry, augmented awareness toward and preference for biodegradable packaging material, the global microfibrillated cellulose (MFC) market is likely to observe considerable growth in the near future.

Global Microfibrillated Cellulose (MFC) Market: Geographical Analysis

Europe is estimated to dominate the global microfibrillated cellulose (MFC) market over the tenure of assessment. The dominance of the region is strengthened by the presence of a large number of producers. North America is likely to emerge as another prominent region in the global microfibrillated cellulose (MFC) market. Advent of advance technology in the packaging industry is likely to support growth of the market in North America in the near future.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Microfibrillated Cellulose Mfc Market

Pre Book