Global Cellulose Nitrate Market to Reach $1.6 Billion by 2030
The global market for Cellulose Nitrate estimated at US$817.5 Million in the year 2022, is projected to reach a revised size of US$1.6 Billion by 2030, growing at a CAGR of 8.8% over the analysis period 2022-2030. Printing Inks, one of the segments analyzed in the report, is projected to record 9.3% CAGR and reach US$505.7 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Wood Coatings segment is readjusted to a revised 9.2% CAGR for the next 8-year period.The U.S. Market is Estimated at $222.7 Million, While China is Forecast to Grow at 12.7% CAGR
The Cellulose Nitrate market in the U.S. is estimated at US$222.7 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$358.2 Million by the year 2030 trailing a CAGR of 12.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.3% and 8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6% CAGR.Select Competitors (Total 43 Featured) -
- Abu Zaabal Co. for Specialty Chemicals
- Atomax Chemicals Co., Ltd.
- Bergerac N.C.
- Dow Wolff Cellulosics GmbH
- Gifrer Barbezat
- Hengshui Orient Chemical Co., Ltd.
- Hubei Xuefei Chemical
- Ing. Petr Švec- Penta
- Kngmed Medical
- Nantong Tailida Chemical Co., Ltd.
- Nitro Chemical Industry Co., Ltd.
- Nitro Quimica
- Productos Quimicos Monterrey S.A.
- Reagents, Inc
- Tembec, Inc.
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- Global competitiveness and key competitor percentage market shares
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Abu Zaabal Co. for Specialty Chemicals
- Atomax Chemicals Co., Ltd.
- Bergerac N.C.
- Dow Wolff Cellulosics GmbH
- Gifrer Barbezat
- Hengshui Orient Chemical Co., Ltd.
- Hubei Xuefei Chemical
- Ing. Petr Švec- Penta
- Kngmed Medical
- Nantong Tailida Chemical Co., Ltd.
- Nitro Chemical Industry Co., Ltd.
- Nitro Quimica
- Productos Quimicos Monterrey S.A.
- Reagents, Inc
- Tembec, Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 94 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 817.5 Million |
Forecasted Market Value ( USD | $ 1600 Million |
Compound Annual Growth Rate | 8.8% |
Regions Covered | Global |