Artificial Intelligence
Microcrystalline Cellulose Market Size is projected to reach USD 2.04 Billion by 2031, growing at a CAGR of 6.7%: Straits Research
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New York, United States, Feb. 02, 2023 (GLOBE NEWSWIRE) — Alpha-cellulose is treated with mineral acids to remove impurities and partially depolymerize it, yielding microcrystalline cellulose (MCC). Particle size is typically less than 5 m, and polymerization generally is less than 400 degrees for around 10% of the material. The MCC powder is white and crystalline; its porous particles have no discernible aroma or taste. It takes in atmospheric moisture but doesn’t dissolve in liquid water. MCC can replace carboxymethyl cellulose in plaque assays and is more effective than sucrose as a matrix former during freeze-drying. Many industries have found uses for MCC, including the pharmaceutical, food and beverage, and beauty and personal care sectors.
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Growing Pharmaceutical Industry Drives the Global Market
MCC is used as a stabilizer, binder, film former, suspension agent, and disintegrant in tablet formulations, ointments, and other topical therapeutic bases in the pharmaceutical industry. MCC is a vital and ubiquitous excipient in the pharmaceutical industry. It’s used extensively in the pharmaceutical industry as a solvent and binder. As the pharmaceutical market grows, it provides additional momentum to the global MCC market. It’s used in various pills, capsules, sachet, and other pharmaceutical packages. Increased demand for MCC is forecasted in emerging markets such as China, Brazil, and India.
Growth in Non-Wood-Based MCC Creates Tremendous Opportunities
Currently, wood pulp is used to create MCC. Manufacturing low-cost MCC from wood is a significant challenge. The ecological impact of MCC made from non-wood sources, such as agricultural waste, is much more minor or non-existent when compared to MCC made from trees. Innovative manufacturing processes are being developed to create MCC from sources other than wood. The price of non-wood sources is also lower than that of wood ones. It means that the total production cost and selling price of MCC made from a material other than wood are lower. The declining cost of MCC is expected to boost demand for the product across various end-uses, ultimately leading to a larger global MCC market.
Report Scope
| Report Metric | Details |
| Market Size | USD 2.04 Billion by 2031 |
| CAGR | 6.7% |
| Historical Data | 2020-2021 |
| Base Year | 2022 |
| Forecast Period | 2023-2031 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Raw Material, Applications, Regions |
| Geographies Covered | North America, Europe, Asia-Pacific, LAME and Rest of the World |
| Key Companies Profiled/Vendors | DuPont (US), Asahi Kasei Chemicals Corporation (Japan), Rayonier Advanced Materials (US), Roquette (France), DFE Pharma GmbH and Co.KG (Germany), FMC Corporation (U.S.), Accent Microcell Pvt. Ltd. (India), Sigachi Industries Pvt. Ltd. (India), and Ming Tai Chemical Co. Ltd. (U.S.). |
| Key Market Opportunities | Growth in Non-Wood-Based MCC |
| Key Market Drivers | Growing Pharmaceutical Industry |
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Regional Analysis
Europe is the most significant shareholder in the global microcrystalline cellulose market and is expected to grow during the forecast period. Research and development expenditures, investments in clinical trials, drug development, and the dogged efforts of pharmaceutical companies to provide patients with cutting-edge medicines are all on the rise in Europe. Demand for healthy foods has increased as consumers become more health conscious. Because of the rising demand for pharmaceuticals and the increased scale of their production, MCC is becoming more critical as a business. MCC is commonly used as a diluent or binder in the pharmaceutical industry to create oral tablets and capsules through the direct-compression or wet-granulation processes.
Asia-Pacific is expected to grow during the forecast period. The low price of labor and raw materials, especially in developing countries like China and India, has aided the growth of the microcrystalline cellulose market. The proliferation of active lifestyles, shifting consumption patterns, and increasing levels of personal disposable income all contribute to the increased demand for packaged, processed, ready-to-eat, and ready-to-cook food, increasing demand for MCC. Increased use of 3D printing using biodegradable bio-composites and reinforced polylactic acid is also contributing to the industry’s growth. The substantial local population and steady technological advancements have played vital roles in this growth. Asia-Pacific is the region with the highest demand for cosmetics overall and the highest demand for luxury brands.
The personal care and cosmetics industry in the United States is poised to grow due to consumers’ increasing demand for items formulated with natural, plant-based ingredients. A growing number of American consumers are realizing the risks associated with the regular application of harsh cosmetics and personal care products. It’s also added to cosmetics to give foundation, concealer, and blotting powder a matte finish. Growth in the market is expected to be led by the sales of international cosmetics brands in the country over the forecast horizon. With the economy improving and the number of people with jobs on the rise, the processed food industry is booming, and with it, the MCC market.
As people become more health-conscious and alter their diets, there has been an increase in the demand for wholesome foods. Because of the rising demand for pharmaceuticals and the increased scale of their production, MCC is becoming more critical as a business. Markets in countries like Colombia, Brazil, Argentina, Chile, and Peru have a lot of untapped potentials, making for promising expansion opportunities. The primary forces driving the pharmaceutical market are the rising cost of research and development and the persistent efforts of pharmaceutical companies to provide high-quality goods.
Key Highlights
- The global microcrystalline cellulose market size is projected to reach USD 2044.66 million by 2031, growing at a CAGR of 6.7% during the forecast period (2023–2031).
- Based on raw material, the global microcrystalline cellulose market is bifurcated into wood-based and non-wood based. The non-wood based segment is the highest contributor to the market and is expected to grow during the forecast period.
- Based on application, the global microcrystalline cellulose market is bifurcated into pharmaceuticals, food and beverage, and personal care and cosmetics. The pharmaceutical segment is the highest contributor to the market and is expected to grow during the forecast period.
- Europe is the most significant shareholder in the global microcrystalline cellulose market and is expected to grow during the forecast period.
The global microcrystalline cellulose market’s major key players are
- DuPont
- Asahi Kasei Chemicals Corporation
- Rayonier Advanced Materials
- Roquette
- DFE Pharma GmbH and Co.KG
- FMC Corporation
- Accent Microcell Pvt. Ltd
- Sigachi Industries Pvt. Ltd
- Ming Tai Chemical Co. Ltd.
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Global Microcrystalline Cellulose Market: Segmentation
By Raw Material
- Wood-Based
- Non-Wood Based
By Applications
- Pharmaceutical
- Food and Beverage
- Personal Care and Cosmetics
By Regions
- North America
- Europe
- Asia-Pacific
- LAMEA
TABLE OF CONTENT
- Introduction
- Market Definition
- Market Scope
- Research Methodology
- Primary Research
- Research Methodology
- Assumptions & Exclusions
- Secondary Data Sources
- Market Overview
- Report Segmentation & Scope
- Value Chain Analysis: Microcrystalline Cellulose Market
- Key Market Trends
- Drivers
- Restraints
- Opportunities
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitution
- Threat of New Entrants
- Competitive Rivalry
- Market Share Analysis
- Raw Material Overview
- Introduction
- Market Size & Forecast
- Wood-Based
- Market Size & Forecast
- Non-Wood Based
- Market Size & Forecast
- Introduction
- Application Overview
- Introduction
- Market Size & Forecast
- Food and Beverage
- Market Size & Forecast
- Personal Care and Cosmetics
- Market Size & Forecast
- Introduction
- Regional Overview
- Introduction
- Market Size & Forecast
- America
- North America
- U.S.
- By Raw Material
- By Application
- Canada
- By Raw Material
- By Application
- Mexico
- By Raw Material
- By Application
- Latin America
- By Raw Material
- By Application
- Europe
- Market Size & Forecast
- Germany
- By Raw Material
- By Application
- France
- By Raw Material
- By Application
- U.K.
- By Raw Material
- By Application
- Italy
- By Raw Material
- By Application
- Spain
- By Raw Material
- By Application
- Rest of Europe
- By Raw Material
- By Application
- Asia Pacific
- Market Size & Forecast
- Japan
- By Raw Material
- By Application
- China
- By Raw Material
- By Application
- Australia
- By Raw Material
- By Application
- India
- By Raw Material
- By Application
- South Korea
- By Raw Material
- By Application
- Rest of Asia-Pacific
- By Raw Material
- By Application
- Middle East & Africa
- Market Size & Forecast
- Saudi Arabia
- By Raw Material
- By Application
- South Africa
- By Raw Material
- By Application
- Kuwait
- By Raw Material
- By Application
- Rest of Middle East & Africa
- By Raw Material
- By Application
- Introduction
- Company Profile
- DuPont
- Company Overview
- Financial Performance
- Recent Developments
- Product Portfolio
- Asahi Kasei Chemicals Corporation
- Company Overview
- Financial Performance
- Recent Developments
- Product Portfolio
- Rayonier Advanced Materials
- Company Overview
- Financial Performance
- Recent Developments
- Product Portfolio
- DuPont
- Conclusion & Recommendation
- Acronyms & Abbreviations
Table of Content and Figure @ https://straitsresearch.com/report/microcrystalline-cellulose-market/toc
Market News
- In June 2022, Bionova Scientific, LLC, a provider of contract process development services and Good Manufacturing Practice (GMP)-compliant contract manufacturing services to biopharmaceutical companies, was acquired by Asahi Kasei Medical.
- In June 2022, Alchemedicine and Asahi Kasei Pharma Sign Exclusive License Agreement for Selective Endothelin A Receptor Antagonist.
News Media
Global Nitrocellulose Market Grows Steadily at a CAGR of 5.5%
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About Straits Research Pvt. Ltd.
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BOSTON, April 18, 2024 /PRNewswire/ — The RepTrak™ Company, the world’s leading reputation data and insights company, released its annual Global RepTrak 100 report. Utilizing its advanced reputation monitoring software, RepTrak gathered data from more than 243,000 survey responses across 14 major economies to rank the world’s 100 most reputable companies. They share that ranking alongside a full analysis of global corporate reputation trends and corresponding public sentiment in the 2024 report.
After two years of consecutive Reputation Score declines, this year’s Score is back up with an increase from 73.2 in 2023 to 73.8 in 2024. It’s a small increase after 2023’s full one-point drop. However, it’s an encouraging sign that companies have begun to recover from reputation falls driven by many challenges: macroeconomic issues, workplace difficulties, product problems, and corporate responsibility skepticism.
“This year’s report underscores a pivotal shift in the corporate landscape, spotlighting the remarkable adaptability and dedication of the Top 100 companies in responding to the dynamic needs of stakeholders,” states RepTrak CEO Mark Sonders. “The companies featured in our report are not just riding the wave of change; they are the ones steering it, proving that the best approach to business is one that embraces evolution and champions progress.”
RepTrak’s report explores how people thought, felt, and acted toward companies over the past year. Findings include notable increases in Conduct and Citizenship efforts, stakeholders’ rising willingness to invest, culturally resonant brand communications, and ESG Scores that soared despite skepticism around the acronym.
To read the full 2024 Global RepTrak 100 report, please visit: www.reptrak.com/globalreptrak
About RepTrak
The RepTrak™ Company is the world’s leading reputation data and insights company. We help companies by organizing and grading a variety of reputational elements, offering a real-world report card on their corporate reputation. Subscribers to the RepTrak program use our predictive insights to protect business value, improve return on investment, and increase their positive impact on society. RepTrak’s pairing of advanced metrics and dedicated reputation advisors offers clients an actionable analysis of their reputation data, aligning business objectives with stakeholder sentiment across different markets and sectors.
Established in 2004, The RepTrak Company owns the world’s largest reputation benchmarking database, gathering over 1 million company ratings per year used by CEOs, boards, and executives in more than 60 countries worldwide. For more information, please visit: www.reptrak.com
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Artificial Intelligence
Group-IB takes part in a global operation to cripple Canadian Phishing-as-a-Service provider LabHost
SINGAPORE, April 18, 2024 /PRNewswire/ — Group-IB, a leading cybersecurity company aimed at investigating, preventing, and fight digital crime announced today that it participated in a coordinated global takedown operation against prominent Canadian Phishing-as-a-Service (PhaaS) provider LabHost, which has led to the arrest of 37 suspects across the United Kingdom and around the world by law enforcement agencies. As part of the operation, Group-IB also conducted an extensive analysis of LabHost’s criminal history and infrastructure, including insights into LabHost’s administrative platform and the services it provides to its purported user base which exceeds 2,000 subscribers worldwide, who illegally obtained around 480,000 card numbers, 64,000 pin numbers, and over 1 million passwords from victims used for websites and other online services, according to law enforcement agencies.
“By leveraging our Threat Intelligence and Digital Risk Protection, we are able to identify and monitor phishing attacks and websites like those deployed by LabHost and its subscribers around the world, enabling us to actively alert and protect our customers, and in turn, their customers as well,” said Dmitry Volkov, Chief Executive Officer of Group-IB. “Today’s takedown operation demonstrates the agility and responsiveness of our decentralized Digital Crime Resistance Centers, and how quickly we can provide immediate and local assistance wherever our customers may be.”
First uncovered in late 2021, LabHost emerged as a fully automated Phishing-as-a-Service (PhaaS) platform, streamlining the creation of phishing websites meticulously mirroring the interface and functionality of prominent banking, postal, and financial entities, aimed at intercepting, seizing, and profiting from users’ personal, credit card, and online banking credentials. Users are prompted to select from various “membership plans,” tailored to target businesses and individuals in either the United States and Canada, or globally, akin to mobile subscription models. These plans encompass “standard,” “premium,” and “world membership” tiers, priced between US$179 and US$300 monthly, with options for monthly, quarterly, or annual billing cycles.
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Artificial Intelligence
Malaysia Data Center Market to Witness $3.97 Billion Investment Opportunities by 2029, Get Insights on 34 Existing Data Centers and 33 Upcoming Facilities across Malaysia – Arizton
CHICAGO, April 18, 2024 /PRNewswire/ — According to Arizton’s latest research report, the Malaysia data center market is growing at a CAGR of 13.92% during the forecast period.
To Know More, Download the Free Sample Report: https://www.arizton.com/market-reports/malaysia-data-center-market-size-analysis
Malaysia Data Center Market Report Scope
Report Attributes
Details
Market Size (Investment)
USD 3.97 Billion (2029)
Market Size (Area)
883 Thousand Sq. Feet (2029)
Market Size (Power Capacity)
163 MW (2029)
CAGR Investment (2023-2029)
13.92 %
Colocation Market Size (Revenue)
USD 1.23 Billion (2029)
Historic Year
2020-2022
Base Year
2023
Forecast Year
2024-2029
Over the next few years, Malaysia is poised to witness significant growth in data center investments, driven by the influx of operators like AirTrunk, Equinix, Princeton Digital Group, and other leading companies. Key hubs like Cyberjaya, Kuala Lumpur, and Johor Bahru are expected to see heightened activity, hosting most of the country’s data centers.
The wholesale colocation sector is projected to experience a revenue surge fueled by major cloud players like Microsoft, Google, and AWS. These companies have unveiled plans to establish dedicated cloud regions within Malaysia, with expected timelines for deployment within the next one to two years. This trend underscores Malaysia’s growing importance as a regional hub for data infrastructure and cloud services.
Malaysia is among the top expensive markets globally for developing data centers. Malaysia’s data center construction cost in 2023 stood at about $8.5-$10 million per MW, making it the costliest market in the APAC region after Singapore and Jakarta.
Investment Opportunities in the Malaysia Data Center Market
In November 2023, ST Telemedia Global Data Centres announced its plans to develop a new data center campus in Johor. The construction of the first building is likely to begin soon and become operational by 2025. The company formed a joint venture with Basis Bay to develop a new data center campus with two buildings, Cyberjaya DC.2 and STT Kuala Lumpur 1 in Cyberjaya, Selangor.In October 2023, EDGNEX Data Centres by DAMAC announced its plans to enter the APAC market for the first time; the company is considering a facility in Cyberjaya, Selangor. The expected investment can cross the $52 million mark.In October 2023, Infinaxis Data Centre Holdings, the joint venture between Gaw Capital Partners and A3 Capital, announced the construction of its first data center facility in Cyberjaya. The facility will have 10 data halls and will likely be operational by Q2 2025.In September 2023, EdgeConneX announced its plans to expand its footprint in Malaysia with the development of three data centers sites across Bukit Jalil, Kuala Lumpur, and Cyberjaya. The company plans to develop data centers in partnership with Cyberview.To Know More, Download the Free Sample Report: https://www.arizton.com/market-reports/malaysia-data-center-market-size-analysis
Market Trends
According to IRENA, in 2022, hydroenergy accounted for around 69% of the renewable energy capacity in Malaysia, followed by solar energy, which contributed about 21%, along with a 10% contribution by bioenergy.Malaysia aims to achieve the target of net-zero carbon emissions by 2050. To make this goal a reality, WWF-Malaysia is partnering with Boston Consulting Group to develop an independent joint study on the country’s optimal net zero pathway.The government of Malaysia has established a green tariff scheme to support its carbon-neutrality target. Under the scheme, subscribers can get electricity from solar or hydro sources instead of fossil fuel sources.Mergers, acquisitions, joint ventures, and partnerships are key strategies employed by operators to expand their portfolios and global footprint. For example:
In December 2023, Chindata Group merged with BCPE Chivalry Merger Sub, a wholly owned subsidiary of BCPE Chivalry Bidco, completing its transition to a private company from a public one.November 2023 saw ST Telemedia Global Data Centres, in a joint venture with Basis Bay, announcing plans to develop a new data center campus with two buildings in Cyberjaya, Selangor.A3 Capital and Gaw Capital Partners formed a joint venture in February 2023 to establish Infinaxis Data Centre Holdings to develop and operate data centers across Malaysia and Southeast Asia.MN Holdings, an engineering services and solutions company, signed a Memorandum of Understanding (MoU) in April 2023 with Shanghai DC-Science, outlining an investment of approximately $600 million to develop a data center site at the Sedenak Tech Park, Johor.Why Should You Buy This Research?
Market size is available regarding investment, area, power capacity, and Malaysia colocation market revenue.An assessment of the data center investment in Malaysia by colocation, hyperscale, and enterprise operators.Investments in the area (square feet) and power capacity (MW) across cities in the country.A detailed study of the existing Malaysia data center market landscape, an in-depth market analysis, and insightful predictions about market size during the forecast period.Snapshot of existing and upcoming third-party data center facilities in MalaysiaFacilities Covered (Existing): 34Facilities Identified (Upcoming): 33Coverage: 9 LocationsExisting vs. Upcoming (Area)Existing vs. Upcoming (IT Load Capacity)Data Center Colocation Market in MalaysiaColocation Market Revenue & Forecast (2023-2029)Wholesale vs. Retail Colocation Revenue (2023-2029)Retail Colocation PricingWholesale Colocation PricingThe Malaysia data center market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry.Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the industry.A transparent research methodology and the analysis of the demand and supply aspects of the industry.Buy this Research @ https://www.arizton.com/market-reports/malaysia-data-center-market-size-analysis
Post-Purchase Benefit
1hr of free analyst discussion10% off on customizationThe Report Includes the Investment in the Following Areas:
IT InfrastructureServersStorage SystemsNetwork InfrastructureElectrical InfrastructureUPS SystemsGeneratorsSwitches & SwitchgearsPDUsOther Electrical InfrastructureMechanical InfrastructureCooling SystemsRack CabinetsOther Mechanical InfrastructureCooling SystemsCRAC and CRAHChillersCooling Tower and Dry CoolersOther Cooling UnitsGeneral ConstructionCore & Shell DevelopmentInstallation & Commissioning ServicesBuilding & Engineering DesignFire Detection & Suppression SystemsPhysical SecurityData Center Infrastructure Management (DCIM)Tier StandardTier I & Tier IITier IIITier IV GeographySelangorJohorOther StatesVendor Landscape
IT Infrastructure Providers
Cisco SystemsDell TechnologiesFujitsuHewlett Packard EnterpriseHuawei TechnologiesIBMInspurLenovoNetAppData Center Construction Contractors & Sub-Contractors
Advance Power EngineeringAsima ArchitectsAVO TechnologyB-Global TechCTC-GlobalCSF GroupCyclect GroupDSCO GroupGamudaGCM TechnologiesHSS EngineersISGKienta Engineering ConstructionLSK EngineeringMES GroupM+W Group (Exyte)MN HoldingsNakanoNTT FACILITIESPowerware SystemsS5 EngineeringShaw ArchitectSunway Construction GroupUnique CentralSupport Infrastructure Providers
ABBCaterpillarCumminsEatonFuji ElectricHITEC Power ProtectionKOHLER PowerLegrandMitsubishi ElectricNarada Power SourcePiller Power SystemsRittalRolls-RoyceSchneider ElectricSiemensSocomecSTULZTraneVertivData Center Investors
Bridge Data CentresEdge CentresGDS ServicesIRIX (PP TELECOMMUNICATION)Keppel Data CentresNTT DATAOpen DCTM OneVantage Data CentersYTL Data Center HoldingsNew Entrants
AirTrunkAmazon Web Services (AWS)EdgeConneXEquinixFutureData (Cyclect Group + TSG Group)Googlei-BerhadInfinaxis Data Centre HoldingsMN Holdings + Shanghai DC-ScienceMicrosoftNEXTDCPrinceton Digital GroupRegal OrionSingtelST Telemedia Global Data CentresYondrTo Know More, Download the Free Sample Report: https://www.arizton.com/market-reports/malaysia-data-center-market-size-analysis
Key Questions Answered in the Report:
What factors are driving the Malaysian data center industry?
How big is the Malaysia data center market?
How many MW of power capacity will be added across Malaysia during 2024 to 2029?
What is the growth rate of the Malaysia data center market?
Which states are included in the Malaysia data center market report?
Get the Detailed TOC @ https://www.arizton.com/market-reports/malaysia-data-center-market-size-analysis
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