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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Cellulose Esters and Ethers Market Outlook
The global cellulose esters and ethers market stood at a value of nearly USD 6.17 billion in 2023 and is anticipated to grow over the forecast period of 2024-2032 at a CAGR of 5%.
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The product is expected to experience high demand from the food and beverage industry due to the increased consumption of baked goods, dairy products, and frozen foods. In the building industry, cellulose ethers and esters are widely used as film formers and additives.
Market Segmentation
Cellulose, a polysaccharide, is one of the most naturally abundant organic compounds found on the planet. The cellulose esters and ethers industry can be divided on the basis of segments like type and application.
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On the basis of type, the global cellulose esters and ethers industry can be categorised into cellulose acetate, cellulose nitrate, carboxymethyl cellulose, methyl cellulose, ethyl cellulose, hydroxyethyl cellulose, and hydroxypropyl cellulose.
The industry, based on its application, can be further divided into:
- Coatings
- Plasticisers
- Cigarette Filters
- Films and Tapes
- Inks
- Others
The EMR report looks into the regional cellulose esters and ethers markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
Market Analysis
The cellulose esters and ethers market is being driven by the growing food and beverage sector, rising demand for cosmetics products, increasing demand for cigarette filters, expanding printing market, and the growing product demand from the construction sector.
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Competitive Landscape
The report presents a detailed analysis of the following key players in the global cellulose esters and ethers market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Rhodia Acetow International GmbH
- Rayonier Advanced Materials
- Eastman Chemical Company
- J.M. Huber Corporation
- Dow Chemical Company
- Celanese Corporation
- Georgia-Pacific LLC
- Daicel Corporation
- Akzo Nobel N.V.
- Lamberti S.p.A.
- Borregaard
- Ashland
- Others
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s five forces.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global cellulose esters and ethers market attained a value of nearly USD 6.17 billion.
The market is estimated to grow at a CAGR of 5% between 2024 and 2032.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major drivers of the market include the thriving food and beverage sector, rising disposable incomes, increasing population, increasing demand for cigarette filters, expanding printing market, growing product demand from the construction sector, and rapid urbanisation.
The rising demand for cosmetics products and increased consumption of baked goods, dairy products, and frozen foods are the key trends guiding the growth of the industry.
Cellulose acetate, cellulose nitrate, carboxymethyl cellulose, methyl cellulose, ethyl cellulose, hydroxyethyl cellulose, and hydroxypropyl cellulose, among others are the major types of the product included in the market.
Coatings, plasticizers, cigarette filters, films and tapes, and inks, among others are the different applications of cellulose esters and ethers.
The major players in the industry are Rhodia Acetow International GmbH, Rayonier Advanced Materials, Eastman Chemical Company, J.M. Huber Corporation, Dow Chemical Company, Celanese Corporation, Georgia-Pacific LLC, Daicel Corporation, Akzo Nobel N.V., Lamberti S.p.A., Borregaard, Ashland, Others.
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