Microcrystalline Cellulose Market size was over USD 1.34 billion in 2024 and is likely to reach USD 2.89 billion by the end of 2037, witnessing around 6.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of microcrystalline cellulose is assessed at USD 1.41 billion.
The market’s growth is expected to be stimulated in the coming years by the increased use of MCCs for medicinal products. In the manufacture of tablet formulations for the pharmaceutical industry, a 20%90% MCC concentration is used according to recent estimates. Additionally, the growth of the market is expected to be driven by the surging use of MCCs in paints, detergents, coatings, and dyes. According to recent data, in the United States, more than 860 million gallons of paint were consumed in 2021.
Author Credits: Rajrani Baghel
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?