+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Global Cellulose Esters and Ethers Market Report and Forecast 2024-2032

  • PDF Icon

    Report

  • 201 Pages
  • December 2023
  • Region: Global
  • Expert Market Research
  • ID: 5921533
According to the report, the global cellulose esters and ethers market is projected to grow at a CAGR of 5% between 2024 and 2032 reaching a value of approximate USD 9.48 billion by 2032. Aided by the surging demands across the manufacturing, pharmaceuticals, and textiles sectors, as well as the shifting trend towards sustainable and bio-based materials, the market is expected to grow significantly by 2032.

Cellulose esters and ethers, derived from cellulose, the primary structural component of plants, have become increasingly relevant in recent years. These modified cellulose compounds are widely recognised for their versatility in terms of solubility, chemical reactivity, and film-forming properties. Industries utilise these compounds in myriad applications ranging from coatings, films, binders, and thickeners to more specialised roles in drug delivery systems and advanced textiles.

A primary factor propelling the cellulose esters and ethers market growth is the escalating demand in the pharmaceutical sector. Leveraging the film-forming and binding abilities of cellulose derivatives, the industry employs them in tablet coatings and as drug release regulators in controlled-release formulations. With the global population’s growing health consciousness and the consequent pharmaceutical boom, the demand for these cellulose compounds is bound to rise.

Complementing the pharmaceutical demand is the coatings industry. The paint and coatings sector is continually seeking eco-friendly and sustainable alternatives for conventional raw materials. Cellulose esters, known for their impressive film-forming characteristics and resistance to environmental factors, have emerged as prime candidates in formulating high-quality paints and finishes.

The textile industry, too, is boosting the cellulose esters and ethers market demand. The drive for producing high-end, comfortable, and durable fabrics has fostered the use of cellulose ethers in textile formulations, ensuring enhanced fabric strength, softness, and dye uptake.

But the potential of cellulose esters and ethers is not confined to these industries alone. The global movement towards sustainability and reducing the carbon footprint has emphasised the importance of bio-based materials. Cellulose, being a renewable and abundant resource, offers an eco-friendly alternative to various synthetic materials. When modified as esters and ethers, it enhances its utility across several industrial applications, from food additives to cosmetics and personal care. Hence, the increasing hygiene consciousness is heightening the demand for premium cosmetics, thereby influencing the cellulose esters and ethers market outlook.

Market Segmentation

The market can be divided based on type, application, and region.

Market Breakup by Type

  • Cellulose Acetate
  • Cellulose Nitrate
  • Carboxymethyl Cellulose
  • Methyl Cellulose
  • Ethyl Cellulose
  • Hydroxyethyl Cellulose
  • Hydroxypropyl Cellulose
  • Others

Market Breakup by Application

  • Coatings
  • Plasticisers
  • Cigarette Filters
  • Films and Tapes
  • Inks
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global cellulose esters and ethers market. Some of the major players explored in the report are as follows:
  • Borregaard AS
  • Georgia-Pacific LLC
  • Rayonier Advanced Materials
  • Celanese Corporation
  • Eastman Chemical Company
  • J.M. Huber Corporation
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Cellulose Esters and Ethers Market Analysis
8.1 Key Industry Highlights
8.2 Global Cellulose Esters and Ethers Historical Market (2018-2023)
8.3 Global Cellulose Esters and Ethers Market Forecast (2024-2032)
8.4 Global Cellulose Esters and Ethers Market by Type
8.4.1 Cellulose Acetate
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Cellulose Nitrate
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Carboxymethyl Cellulose
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.4.4 Methyl Cellulose
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2023)
8.4.4.3 Forecast Trend (2024-2032)
8.4.5 Ethyl Cellulose
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2023)
8.4.5.3 Forecast Trend (2024-2032)
8.4.6 Hydroxyethyl Cellulose
8.4.6.1 Market Share
8.4.6.2 Historical Trend (2018-2023)
8.4.6.3 Forecast Trend (2024-2032)
8.4.7 Hydroxypropyl Cellulose
8.4.7.1 Market Share
8.4.7.2 Historical Trend (2018-2023)
8.4.7.3 Forecast Trend (2024-2032)
8.4.8 Others
8.5 Global Cellulose Esters and Ethers Market by Application
8.5.1 Coatings
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Plasticizers
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Cigarette Filters
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 Films and Tapes
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2023)
8.5.4.3 Forecast Trend (2024-2032)
8.5.5 Inks
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2023)
8.5.5.3 Forecast Trend (2024-2032)
8.5.6 Others
8.6 Global Cellulose Esters and Ethers Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter's Five Forces Analysis
10.2.1 Supplier's Power
10.2.2 Buyer's Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Price Analysis
11.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
11.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
11.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
11.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
11.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Borregaard AS
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Georgia-Pacific LLC
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Rayonier Advanced Materials
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Celanese Corporation
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Eastman Chemical Company
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 J.M. Huber Corporation
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Cellulose Esters and Ethers Market: Key Industry Highlights, 2018 and 2032
2. Global Cellulose Esters and Ethers Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Cellulose Esters and Ethers Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Cellulose Esters and Ethers Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Cellulose Esters and Ethers Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Cellulose Esters and Ethers Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Cellulose Esters and Ethers Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Cellulose Esters and Ethers Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Cellulose Esters and Ethers Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Cellulose Esters and Ethers Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Cellulose Esters and Ethers Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Cellulose Esters and Ethers Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Cellulose Esters and Ethers Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Cellulose Esters and Ethers Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Cellulose Esters and Ethers Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Cellulose Esters and Ethers Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Cellulose Esters and Ethers Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Cellulose Esters and Ethers Market Structure

Companies Mentioned

  • Borregaard
  • Georgia-Pacific LLC
  • Rayonier Advanced Materials
  • Celanese Corporation
  • Eastman Chemical Company
  • Rhodia Acetow International GmbH
  • Akzo Nobel N.V.
  • Ashland
  • Daicel Corporation
  • Dow Chemical Company
  • J.M. Huber Corporation
  • Lamberti S.p.A.

Methodology

Loading
LOADING...