The increased use of cellulose esters in coatings, cigarette filters, and films and tapes is driving the demand for the market.
Cellulose
Esters and Ethers Market Size – USD 5.26 Billion in 2019, Market Growth - CAGR
of 4.6%, Market Trends – Increased demand for Cigarette filters.
The Cellulose Esters and Ethers Market is projected to reach USD 7.60
billion in 2027. In the cigarette filters, textiles and clothing, photo films
and the food and drink industries, particularly in Asia-Pacific emerging
economies, the market is expected to drive the growth in demand.
It is expected
that developed economies like North America and Europe will emerge as dominant
markets. In those regions, the lack of time and the increasing consumer buying
power has led to increasing demand for baked and comfortable food products. The
number of product-specific bakeries are also expected to cultivate cellulose-based
esters and ethers in their production line from emulsifier’s manufacturers.
Since of their
excellent binding, stabilization, thickening, and moisturizing properties,
Cellulose ester and ether are primarily used in personal care items such as
corpus lotions, shampoos, face creams and cold creams. Therefore, increased use
of toothpaste products with a smooth texture is expected to drive the market,
boost salt tolerance and boost acid resistance.
For the
manufacture of cigarette filters, cellulose acetate is commonly used. Speaking
worldwide for their increasing success, the main players focus on flavored
items such as flavored smokeless tobacco, electronic cigarettes, and hookah.
These can also be used in a variety of platforms for printing, among them
rotogravure, offset and jet ink. Growing demand for packaging and printing
items in China, India and Vietnam, such as newspapers, magazines and books, is
expected to fuel market growth.
Key players 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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Further key findings from the report
suggest
- Increasing numbers of infrastructural
projects worldwide are expected to fuel the demand for cellulose esters
and ethers over the forecast period.
- Due to increased cigarette demand
Cellulose Acetate is projected to emerge as the largest product segment.
- Throughout the entire forecast period
the Kraft cycle aims to hold the highest market share and represents
majority of revenue.
- From 2019 to 2027 the cellulose
segment will become the fastest growing commodity.
- The application for cigarette filters
is expected to dominate the cellulose and etheric market, while the
assessment of the application for cigarette filters is estimated to
increase between 2019 and 2027.
- Increasingly, the end-user industries
in the region are expected to make Asia Pacific the highest CAGR.
- In February 2019, Eastman has launched
a new range of 13 cellulose esters, including inks, adhesives, tapes and
packaging, and internal ducts and other labels, for use in food contact
applications.
To identify the key trends in the industry,
click on the link below: @ https://www.reportsanddata.com/report-detail/cellulose-esters-and-ethers-market
For the purpose of
this report, Reports and Data has segmented into the Cellulose Esters and
Ethers Market on the basis of Product, Process, 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
Regional
Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
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Table of Content:
Highlights
of the TOC:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Cellulose Esters and Ethers Market Segmentation & Impact
Analysis
4.1. Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.3. Market restraints analysis
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
4.9. Customer Mapping
Chapter 5. Competitive Landscape
5.1. Market Revenue Share By Manufacturers
5.2. Manufacturing Cost Breakdown Analysis
5.3. Mergers & Acquisitions
5.4. Market positioning
5.5. Strategy Benchmarking
5.6. Vendor Landscape
Continue……
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