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Microfibrillated Cellulose Fiber Market Is Projected To Grow At Over 13% CAGR Through 2028

Consumption of MFC fibers is estimated to surpass 5,580 tons, with an impressive 11.3% Y-o-Y growth in 2018 over 2017, according to Fact.MR’s new study. Overall growth of the MFC fiber market can be attributed to,

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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.

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.

Key Segments of Microfibrillated Cellulose Fiber Market

Competitive Landscape

The microfibrillated cellulose fiber market is moderately fragmented in nature, owing to the presence of major regional players. Leading manufacturers are largely invested in research and development and product launch strategies, aimed towards expansion of portfolios and expanding the scope of application for microfibrillated cellulose fiber.

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