Cellulose Esters Market

Cellulose Esters Market Size, Share & Trends Analysis Report

Cellulose Esters Market Size, Share & Trend Analysis 2029

Published
Report ID : AIMR 883
Number of pages : 200
Published Date : Apr 2023
Category : Life Sciences
Delivery Timeline : 48 hrs

The global cellulose esters market is expected to grow at a CAGR of approximately 5.7% during the forecast period 2022 to 2029.

Cellulose esters are organic compounds that are used in various applications such as coatings, films, and fibers due to their excellent properties such as high solubility, high adhesion, and excellent film-forming properties. The global cellulose esters market is expected to grow at a significant rate over the next few years due to the increasing demand for these compounds in various end-use industries such as automotive, textiles, and pharmaceuticals. In this article, we will discuss the current market size and market share of the industry, key players in the industry, major trends and drivers affecting the industry, opportunities and threats, regulatory and legal issues, target demographics and preferences, and pricing trends.

Key Players in the Industry

The key players in the cellulose esters market include

  • Eastman Chemical Company
  • Daicel Corporation
  • Solvay SA
  • China National Tobacco Corporation
  • Mitsubishi Chemical Holdings Corporation
  • Sichuan Push Acetati Co. Ltd.
  • Rayonier Advanced Materials Inc.
  • Celanese Corporation
  • Sappi Limited
  • and Sateri Holdings Limited.

Segment Analysis:

By Type

  • Cellulose Acetate
  • Cellulose Acetate Butyrate
  • Cellulose Acetate Propionate
  • Cellulose Nitrate

By Application

  • Coatings
  • Plasticizers
  • Cigarette Filters
  • Films & tapes
  • Inks

By Regional & Country Level:

  • North America

    • U.S.
    • Canada
  • Europe

    • K.
    • France
    • Germany
    • Italy
  • Asia Pacific

    • China
    • Japan
    • India
    • Southeast Asia
  • Latin America

    • Brazil
    • Mexico
  • Middle East and Africa

    • GCC
    • Africa
    • Rest of Middle East and Africa

Major Trends and Drivers Affecting the Industry

One of the major trends in the cellulose esters market is the increasing demand for eco-friendly and sustainable products. Cellulose esters are biodegradable and renewable, which makes them an attractive alternative to synthetic materials. Another trend is the growing demand for cellulose acetate in the textile industry, where it is used in the production of cigarette filters, textiles, and photographic films.

The major drivers of the cellulose esters market include the increasing demand for coatings and films in various end-use industries such as automotive, packaging, and electronics. The growth of the construction industry, particularly in developing countries, is also driving the demand for cellulose esters due to their high solubility and adhesive properties.

Opportunities and Threats in the Industry

One of the major opportunities in the cellulose esters market is the growing demand for biodegradable and sustainable products. The increasing focus on environmental sustainability and the ban on single-use plastics are expected to drive the demand for cellulose esters in the future. However, the volatility of raw material prices and the availability of cheaper alternatives such as polyesters and polyamides are some of the major threats faced by the industry.

Regulatory and Legal Issues

The cellulose esters market is regulated by various government bodies such as the Environmental Protection Agency (EPA) and the Food and Drug Administration (FDA). The use of cellulose esters in food packaging and medical applications is strictly regulated by these agencies to ensure the safety of consumers.

Target Demographics and Preferences

The target demographics for cellulose esters include end-use industries such as automotive, textiles, packaging, and electronics. These industries prefer cellulose esters due to their excellent properties such as high solubility and adhesion.

Pricing Trends

The pricing of cellulose esters varies across different segments and is influenced by various factors such as raw material prices, availability of

VishalSawant
Vishal Sawant
Business Development
vishal@brandessenceresearch.com
+91 8830 254 358
Segmentation
Segments

By Type

  • Cellulose Acetate
  • Cellulose Acetate Butyrate
  • Cellulose Acetate Propionate
  • Cellulose Nitrate

By Application

  • Coatings
  • Plasticizers
  • Cigarette Filters
  • Films & tapes
  • Inks
Country
Regions and Country

North America

  • U.S.
    U.S.
  • Canada
    Canada

Europe

  • Germany
    Germany
  • France
    France
  • U.K.
    U.K.
  • Italy
    Italy
  • Spain
    Spain
  • Sweden
    Sweden
  • Netherlands
    Netherlands
  • Turkey
    Turkey
  • Switzerland
    Switzerland
  • Belgium
    Belgium
  • Rest of Europe

Asia-Pacific

  • South Korea
    South Korea
  • Japan
    Japan
  • China
    China
  • India
    India
  • Australia
    Australia
  • Philippines
    Philippines
  • Singapore
    Singapore
  • Malaysia
    Malaysia
  • Thailand
    Thailand
  • Indonesia
    Indonesia
  • Rest of APAC

Latin America

  • Mexico
    Mexico
  • Colombia
    Colombia
  • Brazil
    Brazil
  • Argentina
    Argentina
  • Peru
    Peru
  • Rest of South America

Middle East and Africa

  • Saudi Arabia
    Saudi Arabia
  • UAE
    UAE
  • Egypt
    Egypt
  • South Africa
    South Africa
  • Rest of MEA
Company
Key Players
  • Eastman Chemical Company
  • Daicel Corporation
  • Solvay SA
  • China National Tobacco Corporation
  • Mitsubishi Chemical Holdings Corporation
  • Sichuan Push Acetati Co. Ltd.
  • Rayonier Advanced Materials Inc.
  • Celanese Corporation
  • Sappi Limited
  • and Sateri Holdings Limited.

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