Cellulose Esters and Ethers market is estimated to grow at a CAGR of 4.6% By 2028 | Reports and Data

Cellulose Esters and Ethers
Cellulose Esters and Ethers

Reports and Data estimates the global Cellulose Esters and Ethers competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2028 as the forecast period. The report offers CAGR and market size for the global Cellulose Esters and Ethers during the forecast period.

The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include Borregaard, Rayonier Advanced Materials, Georgia-Pacific, Eastman Chemical Company, Celanese Corporation, Daicel Corporation, Rhodia Acetow International GmbH, Ashland, AkzoNobel N.V., and The Dow Chemical Company, among others

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Product Outlook:

The most significant market share of cellulose acetate is projected to continue. This product possibly would mainly be demanded by the cigarette filtering industry. The increased use of acetate ester as a silk replacement is projected to expand the fuel demand because of its low costs. Changing habits for customers, along with a higher consumption potential for cigarettes, are also some of the driving factors for the cellulose ester and ether market.

Cellulose nitrate is an inflammable composite formed from nitrating cellulose with other nitrate agents, also known as nitrocellulose. This is also used for processing of nitrocellulose films, explosives, lacquers and propellants in civilian and military industries. Nitrocellulose is a fluffy white solid when made from cotton and is used primarily in wood and paint industries. The demand of cellulose esters and ethers will be powered by the expansion of the use of nitrocellulose in end-use industries such as automotive paints and printer inks.

The popular product category Carboxymethyl cellulose is estimated. The rising appetite is accompanied by an increase in emulsifiers in peanut butter, salad dressings, frozen desserts, chocolate and margarine. Throughout the pharmaceutical industry, it is commonly used as a stabilizer for tablet coating. The product’s increased use in toothpaste is expected to boost the demand for cellulose esters and ethers over the forecast period due to its excellent acid resistance, smooth performance, salt resistance and even replacement capacities.

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For the purpose of this report Reports and Data has segmented global Cellulose Esters and Ethers market on the basis of type, application, and region:

Product Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

  • Cellulose Acetate
  • Cellulose Nitrate
  • Carboxymethyl Cellulose
  • Methyl Cellulose
  • Ethyl Cellulose
  • Others

Process Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

  • Kraft
  • Sulfite

Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

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

Key Regional Markets Covered in the Report:

  • North America (U.S.A., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

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Key Questions answered by the Report:

  • What is the expected year-on-year growth of the Cellulose Esters and Ethers during the forecast period?
  • What key trends are expected influence revenue growth of the market going ahead?
  • Which region is expected to account for largest revenue share over the forecast period?
  • Which key companies are profiled in the report?

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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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