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Global Cellulose Acetate Market: By Application: Cigarette Filters, LCD, Yarn, Coatings, Plastics, and Films, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Price Analysis; Manufacturing Process; Feedstock Market Analysis; Competitive Landscape; Industry Events and Developments

Global Cellulose Acetate Market Outlook

The global cellulose acetate market attained a value of USD 4.1 billion in 2020. The industry is further expected to grow in the forecast period of 2022-2027 at a CAGR of around 3% to reach USD 4.9 billion by 2026.

 

Cellulose Acetate Market

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It is estimated that the Asia Pacific will be the fastest-growing region owing to the increasing technological as well as infrastructural advancements and large cigarette manufacturers in the region. The cellulose acetate fibre has a significant demand in the market due to its easy accessibility and strong demand from the cigarette and textile industries.

 

Properties and Applications 

Cellulose acetate refers to a natural plastic that is produced from natural purified cellulose. Natural cellulose is reacted with acetate anhydride in the production of this natural plastic, that comes out in the flake form and then is grounded to a fine powder.

 

Cellulose Acetate Market by Application

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The industry can be broadly categorised based on its applications into:

  • Cigarette Filters
  • LCD
  • Yarn
  • Coatings, Plastics, and Films
  • Others

The EMR report looks into the regional cellulose acetate markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Cellulose Acetate Market by Region

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Market Analysis

The major growth drivers propelling the demand for cellulose acetate include the growth in the product requirements, the growth in developing economies, and the technological developments in different applications. The increasing demand for natural plastics is expected to drive the industry growth in the coming years owing to its characteristics, including strong durability, glistened shine, lustrous texture, and high transparency. The material is also highly appropriate for textile use, as it is comfortable and absorbent and easy to tint in various colours. These factors are driving the demand for cellulose acetate, resulting in the overall industry growth.

The increased awareness of the health problems of smoking might be a significant constraint to market growth of cellulose acetate. In addition, the enforcement of government regulations banning public smoking in countries like China and Russia, together with the introduction in the market of alternatives like electronic cigarettes, is expected to limit the industry growth potential.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global cellulose acetate market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Celanese Corporation 
  • Daicel Corporation
  • Eastman Chemical Company
  • Others 

The EMR report gives an in-depth insight into the cellulose acetate market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, Region
Breakup by Application Cigarette Filters, LCD, Yarn, Coatings, Plastics, and Films, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Trade Data Analysis Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Celanese Corporation, Daicel Corporation, Eastman Chemical Company, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    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 Acetate Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Cellulose Acetate Historical Market (2017-2021) 
    8.3    Global Cellulose Acetate Market Forecast (2022-2027)
    8.4    Global Cellulose Acetate Market by Application
        8.4.1    Cigarette Filters
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    LCD
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Yarn
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    Coatings, Plastics, and Films
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2017-2021)
            8.4.4.3    Forecast Trend (2022-2027)
        8.4.5    Others
    8.5    Global Cellulose Acetate Market by Region
        8.5.1    Market Share
            8.5.1.1    North America
            8.5.1.2    Europe
            8.5.1.3    Asia Pacific
            8.5.1.4    Latin America
            8.5.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        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 (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        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 (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        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 (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        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 (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        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    Value Chain Analysis
12    Price Analysis

    12.1    Price Structure
    12.2    Price Trends
13    Trade Data Analysis
    13.1    Major Importing Countries
        13.1.1    By Volume
        13.1.2    By Value
    13.2    Major Exporting Countries
        13.2.1    By Volume
        13.2.2    By Value
14    Manufacturing Process
    14.1    Overview
    14.2    Detailed Process Flow
    14.3    Operations Involved
15    Feedstock Market Analysis
    15.1    Global Cellulose Market Analysis
        15.1.1    Key Industry Highlights
        15.1.2    Global Cellulose Historical Market (2017-2021) 
        15.1.3    Global Cellulose Market Forecast (2022-2027)
        15.1.4    Price Analysis
    15.2    Global Acetic Acid Market Analysis
        15.2.1    Key Industry Highlights
        15.2.2    Global Acetic Acid Historical Market (2017-2021) 
        15.2.3    Global Acetic Acid Market Forecast (2022-2027)
        15.2.4    Price Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Key Players 
    16.3    Company Profiles
        16.3.1    Celanese Corporation
            16.3.1.1    Company Overview
            16.3.1.2    Product Portfolio
            16.3.1.3    Demographic Reach and Achievements
            16.3.1.4    Certifications
        16.3.2    Daicel Corporation
            16.3.2.1    Company Overview
            16.3.2.2    Product Portfolio
            16.3.2.3    Demographic Reach and Achievements
            16.3.2.4    Certifications
        16.3.3    Eastman Chemical Company
            16.3.3.1    Company Overview
            16.3.3.2    Product Portfolio
            16.3.3.3    Demographic Reach and Achievements
            16.3.3.4    Certifications
        16.3.4    Others
17    Industry Events and Developments


List of Key Figures and Tables

1.    Global Cellulose Acetate Market: Key Industry Highlights, 2016 and 2026
2.    Global Cellulose Acetate Historical Market: Breakup by Application (USD Billion), 2017-2021
3.    Global Cellulose Acetate Market Forecast: Breakup by Application (USD Billion), 2022-2027
4.    Global Cellulose Acetate Historical Market: Breakup by Region (USD Billion), 2017-2021
5.    Global Cellulose Acetate Market Forecast: Breakup by Region (USD Billion), 2022-2027
6.    North America Cellulose Acetate Historical Market: Breakup by Country (USD Billion), 2017-2021
7.    North America Cellulose Acetate Market Forecast: Breakup by Country (USD Billion), 2022-2027
8.    Europe Cellulose Acetate Historical Market: Breakup by Country (USD Billion), 2017-2021
9.    Europe Cellulose Acetate Market Forecast: Breakup by Country (USD Billion), 2022-2027
10.    Asia Pacific Cellulose Acetate Historical Market: Breakup by Country (USD Billion), 2017-2021
11.    Asia Pacific Cellulose Acetate Market Forecast: Breakup by Country (USD Billion), 2022-2027
12.    Latin America Cellulose Acetate Historical Market: Breakup by Country (USD Billion), 2017-2021
13.    Latin America Cellulose Acetate Market Forecast: Breakup by Country (USD Billion), 2022-2027
14.    Middle East and Africa Cellulose Acetate Historical Market: Breakup by Country (USD Billion), 2017-2021
15.    Middle East and Africa Cellulose Acetate Market Forecast: Breakup by Country (USD Billion), 2022-2027
16.    Major Importing Countries by Volume (2020)
17.    Major Exporting Countries by Volume (2020)
18.    Major Importing Countries by Value (2020)
19.    Major Exporting Countries by Value (2020)
20.    Global Cellulose Market: Key Industry Highlights, 2016 and 2026
21.    Global Acetic Acid Market: Key Industry Highlights, 2016 and 2026
22.    Global Cellulose Acetate Market Structure

Key Questions Answered in the Report

In 2020, the global cellulose acetate market attained a value of nearly USD 4.1 billion. 

The market is projected to grow at a CAGR of 3% between 2021 and 2026.

The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach about USD 4.9 billion by 2026. 

The major drivers of the industry, such as growth in the product requirements, the growth in developing economies, and the technological developments in different applications, are expected to aid the market growth.

The key market trend guiding the industry growth includes the increasing demand for natural plastics.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with the Asia Pacific expected to be the fastest-growing region. 

Cigarette filters, LCD, yarn, and coatings, plastics, and films, among others, are the significant application sectors of the product.

The major players in the industry are Celanese Corporation, Daicel Corporation, and Eastman Chemical Company, among others.

Analyst Review

The global cellulose acetate market attained a value of USD 4.1 billion in 2020, driven by the growth in the product requirements and the rising demand from developing economies. Aided by the increasing demand for natural plastics, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 3%. The industry is projected to reach USD 4.9 billion by 2026. 

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of applications, the industry is divided into cigarette filters, LCD, yarn, coatings, plastics and films, and others. The major regional markets for cellulose acetates are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Celanese Corporation, Daicel Corporation, Eastman Chemical Company, and others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.  

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