The Cellulose Esters Market is projected to grow from USD 8.76 billion in 2017 to USD 12.43 billion by 2027, at a CAGR of 6% from 2021 to 2027.
Cellulose esters are renewable organic substances produced in the biosphere. Cellulose esters have a variety of excellent properties, such as biocompatibility, hydrophilicity, good mechanical strength, and changeable optical appearance. Cellulose is used in a variety of applications such as in the chemical industry. Cellulose has low solubility and has limited application in the chemical industry. To overcome these limitations, cellulose is converted into its derivative, cellulose ester. The derivation process of cellulose esters includes acylation and esterification due to the reaction of cellulose with organic and inorganic acids.
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A full report of Global Cellulose Esters Market is available at: https://www.orionmarketreports.com/cellulose-esters-2-market/59394/
Market Segments
By type:
- Cellulose Acetate
- Cellulose Acetate Propionate
- Cellulose Acetate Butyrate
- Cellulose Nitrate
By-products:
- Carboxymethyl Cellulose
- Methyl Cellulose
- Ethyl Cellulose
- Hydroxyethyl Cellulose
- Hydroxypropyl Cellulose
By application:
- Coatings
- Films & tapes
- Cigarette Filters
- Inks
- Plasticizers
Key Players
Some of the key players operating in the cellulose esters market are Eastman Chemical Company (US), Solvay (Belgium), China National Tobacco Corporation (China), Daicel Corporation (Japan), Celanese Corporation (US), Acordis Cellulostic Fibers (US), Sappi (South Africa), Mitsubishi Chemical Holdings Corporation (Japan), Rayonier Advanced Materials (US), and Sichuan Push Acetati (China).
Scope of the Report
The research study analyzes the global Cellulose Esters industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Cellulose Esters Market Report
1. What was the Cellulose Esters Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Cellulose Esters Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Cellulose Esters Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Cellulose Esters market.
- The market share of the global Cellulose Esters market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Cellulose Esters market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Cellulose Esters market.
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