Market Overview:
The global cellulose acetate propionate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The high plasticizer CAP segment is expected to dominate the market in terms of value, while the low plasticizer CAP segment is projected to grow at a higher CAGR during the forecast period. In terms of application, printing inks are projected to be the fastest-growing segment during the forecast period. North America dominates the global cellulose acetate propionate market and is expected to maintain its dominance throughout the forecast period.
Product Definition:
Cellulose acetate propionate is a type of cellulose ether. It is made by reacting cellulose with acetic anhydride and propionic anhydride. Cellulose acetate propionate has many uses, including as a plasticizer, a film former, and an adhesive. It is also used in food packaging and in the production of pharmaceuticals.
High Plasticizer CAP:
High plasticizer CAP is a modified cellulose that has been processed to contain higher levels of the chemical called caprolactam. The process of modifying the cellulose by increasing its lactam content gives it an enhanced ability to be converted into fibers and a greater strength compared to regular cellulose. It also enhances other properties such as surface activity, heat stability, water repellency and oil absorption.
Low Plasticizer CAP:
Plasticizer CAP is a low-cost and environment-friendly plasticizer used in cellulose acetate propionate (CAP) production. It is also used as an intermediate for polycarbonates, epoxy resins, unsaturated polyester resins, and acrylics. The product has the ability to enhance the physical properties of plastics such as flexibility modulus at low temperatures along with high impact resistance at elevated temperatures.
Application Insights:
Cellulose acetate is used in the manufacturing of various products including nail care, printing inks, plastics and others. Nail care was the largest application segment with a market share of over 35% in terms of revenue in 2017. CAP is an excellent nail hardener and helps prevent yellowing under UV light which makes it suitable for use as a top coat over polish systems. It also helps strengthen nails by strengthening their outer layer which further boosts its demand for use as a nail hardener.
The other applications include personal care & cosmetics, textiles & apparel where it finds application as emulsion stabilizers or thickeners depending upon its level of polymerization (i.e., degree of acetylation). The product has gained significant popularity among consumers owing to its antibacterial properties that help fight off infections caused by staphylococcus or streptococcus bacteria leading to increased consumption across all major regions globally.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing population in China, India, Indonesia, Malaysia and Vietnam. The growing construction industry coupled with rising demand for packaging materials as well as automobiles will drive the regional market over the forecast period.
The product demand in North America was valued at USD X million in 2017 on account of high consumption from end-use industries such as printing ink, plastics.
Europe accounted for a significant share of global market volume owing to stringent regulations by European Chemicals Agency (ECHA) regarding production volumes & usage rates for propionaldehyde based plasticizers that are used across different industries such as medical devices & instruments; automotive components; footwear etc.
Growth Factors:
- Increasing demand from end-use industries such as packaging, automotive and construction
- Rising awareness about the benefits of CAP among consumers
- Growing investment by manufacturers in R&D to develop new products and applications
- Expansion of distribution network by key players in the market
- Emergence of bio-based CAP as a potential replacement for conventional CAP
Scope Of The Report
Report Attributes
Report Details
Report Title
Cellulose Acetate Propionate Market Research Report
By Type
High Plasticizer CAP, Low Plasticizer CAP
By Application
Nail Care, Printing Inks, Plastics, Others
By Companies
Eastman, Rotuba Extruders, Daicel Chemical, Polymer Plastics Company, Triveni Chemicals, Jiangsu Ruijia Chemistry, Emco Industrial Plastics, HARKE Group, CarboMer, Eastman
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Cellulose Acetate Propionate Market Report Segments:
The global Cellulose Acetate Propionate market is segmented on the basis of:
Types
High Plasticizer CAP, Low Plasticizer CAP
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Nail Care, Printing Inks, Plastics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Eastman
- Rotuba Extruders
- Daicel Chemical
- Polymer Plastics Company
- Triveni Chemicals
- Jiangsu Ruijia Chemistry
- Emco Industrial Plastics
- HARKE Group
- CarboMer
- Eastman
Highlights of The Cellulose Acetate Propionate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- High Plasticizer CAP
- Low Plasticizer CAP
- By Application:
- Nail Care
- Printing Inks
- Plastics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cellulose Acetate Propionate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cellulose acetate propionate is a type of cellulose that has been treated with propionates. This treatment makes the cellulose more soluble in water, which can make it easier to formulate into products.
Some of the major players in the cellulose acetate propionate market are Eastman, Rotuba Extruders, Daicel Chemical, Polymer Plastics Company, Triveni Chemicals, Jiangsu Ruijia Chemistry, Emco Industrial Plastics, HARKE Group, CarboMer, Eastman.
The cellulose acetate propionate market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cellulose Acetate Propionate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cellulose Acetate Propionate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cellulose Acetate Propionate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cellulose Acetate Propionate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cellulose Acetate Propionate Market Size & Forecast, 2020-2028
4.5.1 Cellulose Acetate Propionate Market Size and Y-o-Y Growth
4.5.2 Cellulose Acetate Propionate Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 High Plasticizer CAP
5.2.2 Low Plasticizer CAP
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Nail Care
6.2.2 Printing Inks
6.2.3 Plastics
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cellulose Acetate Propionate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cellulose Acetate Propionate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 High Plasticizer CAP
9.6.2 Low Plasticizer CAP
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Nail Care
9.10.2 Printing Inks
9.10.3 Plastics
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 High Plasticizer CAP
10.6.2 Low Plasticizer CAP
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Nail Care
10.10.2 Printing Inks
10.10.3 Plastics
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 High Plasticizer CAP
11.6.2 Low Plasticizer CAP
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Nail Care
11.10.2 Printing Inks
11.10.3 Plastics
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 High Plasticizer CAP
12.6.2 Low Plasticizer CAP
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Nail Care
12.10.2 Printing Inks
12.10.3 Plastics
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 High Plasticizer CAP
13.6.2 Low Plasticizer CAP
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Nail Care
13.10.2 Printing Inks
13.10.3 Plastics
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cellulose Acetate Propionate Market: Competitive Dashboard
14.2 Global Cellulose Acetate Propionate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eastman
14.3.2 Rotuba Extruders
14.3.3 Daicel Chemical
14.3.4 Polymer Plastics Company
14.3.5 Triveni Chemicals
14.3.6 Jiangsu Ruijia Chemistry
14.3.7 Emco Industrial Plastics
14.3.8 HARKE Group
14.3.9 CarboMer
14.3.10 Eastman
