Packaging Industry and MFC Fiber Manufacturers’ Collaborations Boost MFC Fiber Market Growth

Rockville, USA, 2019-Mar-18 — /EPR Network/ — In order to dissert the market scenario prevailing across the chemical sector, Fact.MR has evenly presented a new examination titled MFC Fiber Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018 to 2028 to its extensive online repository. With all vital market facets enclosed into this single assessment, readers can learn about different market drivers, opportunities and trends which are likely to influence the overall market space for the MFC Fiber Market in the coming years. In addition, factors such as market size, Y-o-Y growth and revenue share are investigated so as to make this research highly authentic and reliable.

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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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

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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).

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.

Front-runners and competitors ensure continued stronghold in the MFC market, lack of awareness regarding the full use of MFC fibers, limitations of large-scale production and competitive pricing in the market are milestones to be achieved by MFC fiber manufacturers in the future.

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