Fact.MR has published a 10-year outlook of the MFC fiber market in the report titled, “MFC Fiber Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018 to 2028.” The report covers all the vital facets of the market such as megatrends in the market, market drivers, market challenges and future opportunities. A thorough analysis of regional market performance, supply-demand scenario and associated industry analysis has derived the most credible forecast of the MFC fiber market for the period 2018-2028.
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.
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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.
Well aware of potential industry benefits in the future, manufacturers have developed their proprietary production methods or initiated collaborations with technology savants to meet the large-scale demand for MFC fibers. According to Fact.MR, the MFC fiber marketplace remains a consolidated landscape wherein traditional players continue to strengthen their position in the global marketplace.
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,
- Potential applications in the packaging and paper industries
- Government advocacy to develop scale-up production processes of MFC fibers
- Biodegradable nature of fibers complements rising demand for sustainable production solutions
The MFC fiber market report is divided exhaustively studied for multiple market facets and a market structure has been derived. MFC fiber market is segmented on the basis of application and end-use industry. MFC fiber market has been studied for applications including barrier films and performance enhancer. End-user industries of MFC fiber market include paper, packaging, food, paints & coatings, personal care and others.
The market structure of the MFC fiber market also covers regional analysis wherein MFC fiber market is studied for key regions including North America, Latin America, Europe, CIS/Russia, Japan, APEJ and the Middle East and Africa (MEA).
A Good Competitive Price Point Helps MFC Fiber Market to Flourish
With the inclusion of new sources, novel pre- and post-treatment and new mechanical processes, a significant optimization has been established in MFC fiber production. With the advanced yet feasible mode of production and easy accessibility of raw materials, the MFC fibers are available at competitive prices suitable for multiple end-use applications.
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.
The competitive landscape section of the MFC fiber market report provides a dashboard view of the MFC fiber market players. Further, in the company profiles section, the MFC fiber market report thoroughly discusses product offerings, global market presence, revenue share and notable business strategies undertaken by key market players.
Another prominent player in the MFC fiber market, Norske Skog partnered with PFI and opened SaugBrugs’ new demonstration plant for MFC fiber. The ongoing partnership focused on the better development of production processes of MFC fiber will enable Norske Skog to produce larger quantities of MFC fibers for the use in multiple applications.
In addition to these players, few of the other profiled players in the MFC fiber market are Daicel FineChem. Ltd., Fibria (Suzano Brazil), SAPPI, FiberLean Technologies Limited, CelluComp Ltd., Zelfo Technologies GmbH, Weidmann Fiber Technology, Nippon Paper, J. RETTENMAIER & Söhne Group and InoFib.
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