Quick Summary:
The Cellulose Acetate sector is primed for significant growth, presenting exciting opportunities within the market forecast to reach $8.4 billion by 2030. Navigating such growth potential is made significantly easier with our comprehensive market research report. Uncover in-depth insights around the projected growth of key segments such as Fiber, expected to record a 6.8% growth rate, and Plastics, slated to readjust to a 5.3% CAGR in the next 8-year period post-pandemic.
From a geographical perspective, recognize key areas for market expansion, with China predicted to outdo the U.S, boasting a CAGR of 10.7%. Our report also features 47 notable competitors, providing vital intelligence for strategic benchmarking and competitive landscape analysis. Besides, you'll benefit from our special features, including conducted research on market presence across multiple regions and access to our digital archives and research platform. Facilitate informed decision-making with our Cellulose Acetate Market Report, a pivotal resource for senior business leaders and strategists.
Global Cellulose Acetate Market to Reach $8.4 Billion by 2030
The global market for Cellulose Acetate estimated at US$5 Billion in the year 2022, is projected to reach a revised size of US$8.4 Billion by 2030, growing at a CAGR of 6.6% over the analysis period 2022-2030. Fiber, one of the segments analyzed in the report, is projected to record 6.8% CAGR and reach US$7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Plastic segment is readjusted to a revised 5.3% CAGR for the next 8-year period.The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 10.7% CAGR
The Cellulose Acetate market in the U.S. is estimated at US$1.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2030 trailing a CAGR of 10.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.6% and 5.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR.Select Competitors (Total 47 Featured) -
- Acordis Cellulostic Fibers
- Borregaard
- Celanese Corporation
- China National Tobacco Corporation
- Daicel Corporation
- Eastman Chemical Company
- Imperial Tobacco Group
- Mitsubishi Chemical Holdings Corporation
- Mitsubishi Rayon Company Limited
- Rayonier Advanced Materials
- Rhodia Acetow GmbH
- Sappi
- Sichuan Push Acetati Co., Ltd.
- SK Chemicals Co. Ltd
- Solvay
- Tembec
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Cellulose Acetate?
What is the growth rate of the Global Market for Cellulose Acetate?
What is the forecasted size of the Global Market for Cellulose Acetate?
Who are the key companies in the Global Market for Cellulose Acetate?
Report Attribute | Details |
---|---|
No. of Pages | 96 |
Published | September 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 5 Billion |
Forecasted Market Value ( USD | $ 8.4 Billion |
Compound Annual Growth Rate | 6.7% |
Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Acordis Cellulostic Fibers
- Borregaard
- Celanese Corporation
- China National Tobacco Corporation
- Daicel Corporation
- Eastman Chemical Company
- Imperial Tobacco Group
- Mitsubishi Chemical Holdings Corporation
- Mitsubishi Rayon Company Limited
- Rayonier Advanced Materials
- Rhodia Acetow GmbH
- Sappi
- Sichuan Push Acetati Co., Ltd.
- SK Chemicals Co. Ltd
- Solvay
- Tembec