DUBLIN--(BUSINESS WIRE)--The "Cellulose Esters Market by Type (Cellulose Acetate, Cellulose Acetate Butyrate, Cellulose Acetate Propionate, Cellulose Nitrate), by Application (Coatings, Plasticizers, Cigarette Filters, Films & tapes, Inks), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The cellulose esters market is projected to grow from USD 9.27 billion in 2018 to USD 12.43 billion by 2023, at a CAGR of 6% from 2018 to 2023.
The cellulose esters market has witnessed significant growth in the recent years, owing to the increasing use of cellulose esters in various applications such as cigarette filters, films & tapes, coatings, and plasticizers. The demand for cellulose esters is increasing in these applications due to the excellent biodegradability profile and filtration properties offered by them. However, the rising awareness among masses regarding the health risks posed by smoking is expected to hinder the growth of the cellulose esters market across the globe.
Based on type, the cellulose esters market has been segmented into cellulose acetate, cellulose acetate butyrate, cellulose acetate propionate, cellulose nitrate, and others. The cellulose acetate segment is expected to lead the cellulose esters market in 2018, in terms of value. The growth of this segment of the market can be attributed to the increased consumption of cellulose acetate esters in cigarette filters, films & tapes, and coatings.
Based on application, the cellulose esters market has been segmented into coatings, plasticizers, cigarette filters, films & tapes, inks, and others. The coatings segment is projected to lead the cellulose esters market, in terms of value during the forecast period.
Key Topics Covered
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Cellulose Esters Market, By Type
7 Cellulose Esters Market, By Application
8 Cellulose Esters Market, By Region
9 Competitive Landscape
10 Company Profiles
- Eastman Chemical Company
- Celanese Corporation
- China National Tobacco Corporation
- Daicel Corporation
- Acordis Cellulostic Fibers
- Mitsubishi Chemical Holdings Corporation
- Sichuan Push Acetati
- Rayonier Advanced Materials
- Nitrex Chemicals India
- Nitro Qumica
- Sichuan Nitrocell
- Hangzhou Dayangchem
- Nobel NC
- Hagedorn AG
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