Cellulose Esters Market|Industry Trends|Market Insights|Market Forecast to 2026
On July 23, 2019, China launches anti-dumping probes into NPA(Solvent for cellulose esters) imports from U.S.
(EMAILWIRE.COM, October 22, 2019 ) Market Overview:
Cellulose esters are derived from renewable resources, which is has been used in many coating applications, including: automotive coatings that enable faster manufacturing and a seamless shine; industrial coatings that reduce sag and facilitate faster dry times; and semipermeable membranes used in osmotic drug delivery systems for the pharmaceutical industry.
The cellulose esters market has witnessed significant growth in the recent years, owing to the increasing use of cellulose esters in various applications such as cigarette filters, films & tapes, coatings, and plasticizers. The demand for cellulose esters is increasing in these applications due to the excellent biodegradability profile and filtration properties offered by them.
Market Dynamics:
The cellulose esters market has witnessed significant growth in the recent years, owing to the increasing use of cellulose esters in various applications such as cigarette filters, films & tapes, coatings, and plasticizers. The demand for cellulose esters is increasing in these applications due to the excellent biodegradability profile and filtration properties offered by them.
Also, cellulose esters are found in many coating applications, including automotive coatings that enable faster manufacturing and a seamless shine, industrial coatings that reduce sag and facilitate faster dry times, and semi permeable membranes used in osmotic drug delivery systems for the pharmaceutical industry.
Hence therefore use of cellulose ether into broad range of end user industries, followed by the robust growth and investment flow t0 the Asia Pacific construction industry and consistent global automobile sales to drive the demand of cellulose ester market.
Download free Report Sample: https://www.datamintelligence.com/download-sample/cellulose-esters-market
Market Segmentation:
Based on type, Cellulose Esters market is classified into Cellulose Acetate, Cellulose Acetate Butyrate, Cellulose Acetate Propionate, Cellulose Nitrate, and others. Currently, Cellulose Acetate Butyrate is the dominant coating type segment.
Cellulose acetate butyrate(CAB) is widely soluble and compatible with resins and plasticizers. hence it serves in many coating applications for many years that includes wood finishes, automotive topcoats, rubber and plastic coatings, textile coatings, glass coatings, flexographic gravure, screen printing inks, hot melts and adhesives.
Owing the user-friendly properties of this cellulose ether type and range of applications it has in end user industries has made CAB a most used cellulose ether type.
Based on application, Cellulose Esters market is classified into coatings, plasticizers, cigarette filters, films & tapes, inks, and others. currently coatings application is the dominant segment.
Geographical Analysis:
Geographically, the market is divided into North America, Europe, South America, Asia-Pacific and the Middle East and Africa.
Asia Pacific region is expected to grow with high CAGR during the forecast period owing to the strong growth in the construction and automobile industry in this region.
Asia Pacific region represents the largest segment for consumption of automotive coatings in the world, accounting around half a percent of global demand. Also compared to the other parts of the globe, automotive OEM coatings to grow at a higher rate compared to the other regions.
Moving forward automotive industry in the region to further expand with the flow of investments into the automobile industry for instance. On January 29, 2019 KIA motors have initiated car production at the newly constructed car manufacturing facility with an annual production capacity of up to 300,000 units.
Competitive Analysis:
Some of the major players in the Cellulose Esters Market includes Eastman Chemical Company, Solvay S.A., China National Tobacco Corp, Daicel Corporation, Celanese Corporation, Acordis Cellulosic Fibers, Inc, Sappi Limited, Mitsubishi Chemical Holdings Corporation, Rayonier Advanced Materials, Sichuan Push Acetati Co.,Ltd.
View Full Report Sample: https://www.datamintelligence.com/research-report/cellulose-esters-market
About Us:
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: pr@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
Cellulose esters are derived from renewable resources, which is has been used in many coating applications, including: automotive coatings that enable faster manufacturing and a seamless shine; industrial coatings that reduce sag and facilitate faster dry times; and semipermeable membranes used in osmotic drug delivery systems for the pharmaceutical industry.
The cellulose esters market has witnessed significant growth in the recent years, owing to the increasing use of cellulose esters in various applications such as cigarette filters, films & tapes, coatings, and plasticizers. The demand for cellulose esters is increasing in these applications due to the excellent biodegradability profile and filtration properties offered by them.
Market Dynamics:
The cellulose esters market has witnessed significant growth in the recent years, owing to the increasing use of cellulose esters in various applications such as cigarette filters, films & tapes, coatings, and plasticizers. The demand for cellulose esters is increasing in these applications due to the excellent biodegradability profile and filtration properties offered by them.
Also, cellulose esters are found in many coating applications, including automotive coatings that enable faster manufacturing and a seamless shine, industrial coatings that reduce sag and facilitate faster dry times, and semi permeable membranes used in osmotic drug delivery systems for the pharmaceutical industry.
Hence therefore use of cellulose ether into broad range of end user industries, followed by the robust growth and investment flow t0 the Asia Pacific construction industry and consistent global automobile sales to drive the demand of cellulose ester market.
Download free Report Sample: https://www.datamintelligence.com/download-sample/cellulose-esters-market
Market Segmentation:
Based on type, Cellulose Esters market is classified into Cellulose Acetate, Cellulose Acetate Butyrate, Cellulose Acetate Propionate, Cellulose Nitrate, and others. Currently, Cellulose Acetate Butyrate is the dominant coating type segment.
Cellulose acetate butyrate(CAB) is widely soluble and compatible with resins and plasticizers. hence it serves in many coating applications for many years that includes wood finishes, automotive topcoats, rubber and plastic coatings, textile coatings, glass coatings, flexographic gravure, screen printing inks, hot melts and adhesives.
Owing the user-friendly properties of this cellulose ether type and range of applications it has in end user industries has made CAB a most used cellulose ether type.
Based on application, Cellulose Esters market is classified into coatings, plasticizers, cigarette filters, films & tapes, inks, and others. currently coatings application is the dominant segment.
Geographical Analysis:
Geographically, the market is divided into North America, Europe, South America, Asia-Pacific and the Middle East and Africa.
Asia Pacific region is expected to grow with high CAGR during the forecast period owing to the strong growth in the construction and automobile industry in this region.
Asia Pacific region represents the largest segment for consumption of automotive coatings in the world, accounting around half a percent of global demand. Also compared to the other parts of the globe, automotive OEM coatings to grow at a higher rate compared to the other regions.
Moving forward automotive industry in the region to further expand with the flow of investments into the automobile industry for instance. On January 29, 2019 KIA motors have initiated car production at the newly constructed car manufacturing facility with an annual production capacity of up to 300,000 units.
Competitive Analysis:
Some of the major players in the Cellulose Esters Market includes Eastman Chemical Company, Solvay S.A., China National Tobacco Corp, Daicel Corporation, Celanese Corporation, Acordis Cellulosic Fibers, Inc, Sappi Limited, Mitsubishi Chemical Holdings Corporation, Rayonier Advanced Materials, Sichuan Push Acetati Co.,Ltd.
View Full Report Sample: https://www.datamintelligence.com/research-report/cellulose-esters-market
About Us:
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: pr@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
Contact Information:
DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
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DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results