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Cellulose Ester Trends and Forecast
The future of the global cellulose ester market looks promising with opportunities in the coating, film & tape, cigarette filter, ink, and plasticizer markets. The global cellulose ester market is expected to reach an estimated $4.8 billion by 2030 with a CAGR of 6.1% from 2024 to 2030. The major drivers for this market are growing need for cigarette filters and the food and beverage industryÄX%$%Xs explosive expansion, expanding oil and gas, construction, and automobile sectorsÄX%$%X need for coatings, as well as, growing desire for chemical-free, natural, eco-friendly, and cutting-edge esters.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Cellulose Ester by Segment
The study includes a forecast for the global cellulose ester by type, products, process, application, and region.
Cellulose Ester Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Cellulose Acetate
• Cellulose Acetate Propionate
• Cellulose Acetate Butyrate
• Cellulose Nitrate
• Others
Cellulose Ester Market by Products [Shipment Analysis by Value from 2018 to 2030]:
• Carboxymethyl Cellulose
• Methyl Cellulose
• Ethyl Cellulose
• Hydroxyethyl Cellulose
• Hydroxypropyl Cellulose
Cellulose Ester Market by Process [Shipment Analysis by Value from 2018 to 2030]:
• Kraft
• Sulfite
Cellulose Ester Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Coating
• Film & Tape
• Cigarette Filter
• Ink
• Plasticizer
• Others
Cellulose Ester Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Cellulose Ester Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cellulose ester companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cellulose ester companies profiled in this report include-
• Eastman Chemical
• Solvay
• China National Tobacco
• Daicel
• Celanese
• Acordis Cellulostic Fibers
• Sappi
• Mitsubishi Chemical
• Rayonier Advanced Materials
• Sichuan Push Acetati
Cellulose Ester Market Insights
Lucintel forecasts that cellulose acetate will remain the largest segment over the forecast period due to the versatility of cellulose acetate esters in a variety of applications including cigarette filters, coatings, plasticizers, and films and tapes.
APAC will remain the largest region over the forecast period due to its wide use in the formulation of different lubricants owing to their many advantages, which include low cost, convenient availability, excellent performance, and minimal environmental impact in the area.
Features of the Global Cellulose Ester Market
Market Size Estimates: Cellulose ester market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Cellulose ester market size by type, products, process, application, and region in terms of value ($B).
Regional Analysis: Cellulose ester market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, products, process, application, and regions for the cellulose ester market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cellulose ester market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the cellulose ester market size?
Answer: The global cellulose ester market is expected to reach an estimated $4.8 billion by 2030.
Q2. What is the growth forecast for cellulose ester market?
Answer: The global cellulose ester market is expected to grow with a CAGR of 6.1% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the cellulose ester market?
Answer: The major drivers for this market are growing need for cigarette filters and the food and beverage industryÄX%$%Xs explosive expansion, expanding oil and gas, construction, and automobile sectorsÄX%$%X need for coatings, as well as, growing desire for chemical-free, natural, eco-friendly, and cutting-edge esters.
Q4. What are the major segments for cellulose ester market?
Answer: The future of the global cellulose ester market looks promising with opportunities in the coating, film & tape, cigarette filter, ink, and plasticizer markets.
Q5. Who are the key cellulose ester market companies?
Answer: Some of the key cellulose ester companies are as follows:
• Eastman Chemical
• Solvay
• China National Tobacco
• Daicel
• Celanese
• Acordis Cellulostic Fibers
• Sappi
• Mitsubishi Chemical
• Rayonier Advanced Materials
• Sichuan Push Acetati
Q6. Which cellulose ester market segment will be the largest in future?
Answer: Lucintel forecasts that cellulose acetate will remain the largest segment over the forecast period due to the versatility of cellulose acetate esters in a variety of applications including cigarette filters, coatings, plasticizers, and films and tapes.
Q7. In cellulose ester market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to its wide use in the formulation of different lubricants owing to their many advantages, which include low cost, convenient availability, excellent performance, and minimal environmental impact in the area.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the cellulose ester market by type (cellulose acetate, cellulose acetate propionate, cellulose acetate butyrate, cellulose nitrate, and others), products (carboxymethyl cellulose, methyl cellulose, ethyl cellulose, hydroxyethyl cellulose, and hydroxypropyl cellulose), process (kraft and sulfite), application (coating, film & tape, cigarette filter, ink, plasticizer, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Cellulose Ester Market, Cellulose Ester Market Size, Cellulose Ester Market Growth, Cellulose Ester Market Analysis, Cellulose Ester Market Report, Cellulose Ester Market Share, Cellulose Ester Market Trends, Cellulose Ester Market Forecast, Cellulose Ester Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Cellulose Ester Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Cellulose Ester Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Cellulose Ester Market by Type
3.3.1: Cellulose Acetate
3.3.2: Cellulose Acetate Propionate
3.3.3: Cellulose Acetate Butyrate
3.3.4: Cellulose Nitrate
3.3.5: Others
3.4: Global Cellulose Ester Market by Products
3.4.1: Carboxymethyl Cellulose
3.4.2: Methyl Cellulose
3.4.3: Ethyl Cellulose
3.4.4: Hydroxyethyl Cellulose
3.4.5: Hydroxypropyl Cellulose
3.5: Global Cellulose Ester Market by Process
3.5.1: Kraft
3.5.2: Sulfite
3.6: Global Cellulose Ester Market by Application
3.6.1: Coating
3.6.2: Film & Tape
3.6.3: Cigarette Filter
3.6.4: Ink
3.6.5: Plasticizer
3.6.6: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Cellulose Ester Market by Region
4.2: North American Cellulose Ester Market
4.2.2: North American Cellulose Ester Market by Application: Coating, Film & Tape, Cigarette Filter, Ink, Plasticizer, and Others
4.3: European Cellulose Ester Market
4.3.1: European Cellulose Ester Market by Type: Cellulose Acetate, Cellulose Acetate Propionate, Cellulose Acetate Butyrate, Cellulose Nitrate, and Others
4.3.2: European Cellulose Ester Market by Application: Coating, Film & Tape, Cigarette Filter, Ink, Plasticizer, and Others
4.4: APAC Cellulose Ester Market
4.4.1: APAC Cellulose Ester Market by Type: Cellulose Acetate, Cellulose Acetate Propionate, Cellulose Acetate Butyrate, Cellulose Nitrate, and Others
4.4.2: APAC Cellulose Ester Market by Application: Coating, Film & Tape, Cigarette Filter, Ink, Plasticizer, and Others
4.5: ROW Cellulose Ester Market
4.5.1: ROW Cellulose Ester Market by Type: Cellulose Acetate, Cellulose Acetate Propionate, Cellulose Acetate Butyrate, Cellulose Nitrate, and Others
4.5.2: ROW Cellulose Ester Market by Application: Coating, Film & Tape, Cigarette Filter, Ink, Plasticizer, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Cellulose Ester Market by Type
6.1.2: Growth Opportunities for the Global Cellulose Ester Market by Products
6.1.3: Growth Opportunities for the Global Cellulose Ester Market by Process
6.1.4: Growth Opportunities for the Global Cellulose Ester Market by Application
6.1.5: Growth Opportunities for the Global Cellulose Ester Market by Region
6.2: Emerging Trends in the Global Cellulose Ester Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Cellulose Ester Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Cellulose Ester Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Eastman Chemical
7.2: Solvay
7.3: China National Tobacco
7.4: Daicel
7.5: Celanese
7.6: Acordis Cellulostic Fibers
7.7: Sappi
7.8: Mitsubishi Chemical
7.9: Rayonier Advanced Materials
7.10: Sichuan Push Acetati
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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