Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Cellulose Triacetate Market by Type (Wood-based Cellulose Triacetate, Corron-based Cellulose Triacetate), By Application (Fibre, Films, Semipermeable Membrane, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Cellulose Triacetate Market by Type (Wood-based Cellulose Triacetate, Corron-based Cellulose Triacetate), By Application (Fibre, Films, Semipermeable Membrane, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 349080 4200 Chemical & Material 377 195 Pages 4.6 (33)
                                          

Market Overview:


The global cellulose triacetate market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for cellulose triacetate from various applications such as fibre, films, semipermeable membrane, and others. In terms of type, the wood-based cellulose triacetate segment is expected to dominate the market during the forecast period owing to its properties such as high tensile strength and stiffness. In terms of region, North America is expected to lead the global cellulose triacetate market during the forecast period followed by Europe and Asia Pacific.


Global Cellulose Triacetate Industry Outlook


Product Definition:


Cellulose Triacetate is a synthetic fiber created from cellulose, acetic acid and water. It is used in a variety of products such as eyeglasses, sunglasses, camera filters and medical supplies. Cellulose triacetate is important because it is durable, lightweight and transparent.


Wood-based Cellulose Triacetate:


Wood-based cellulose triacetate, also known as 4 acetyl phenol or 4AP, is a chemical compound and an acetylated derivative of cellulose. It is manufactured by the reaction of hydroxymethyl phenol with acetic acid and used in wood preservatives to inhibit fungal growth.


Corron-based Cellulose Triacetate:


Corron-based cellulose triacetate (CTA) is a water-soluble polymer, manufactured by the chemical synthesis of natural products. It is used as an intermediate in manufacturing cellulose triacetate film and sheets. CTA has high demand from various application industries including paper & pulp, adhesives & sealants, paints & coatings and pharmaceuticals among others owing to its superior properties such as excellent water solubility and good thermal stability.


Application Insights:


Fibre emerged as the dominant application segment and accounted for a revenue share of more than 60.0% in 2017. The product is widely used in the pulp and paper industry to produce high-quality papers with low acid content, brightness, smoothness, and opacity. It is also used as an ingredient in the production of tissue papers on account of its excellent tensile strength along with other cellulose derivatives such as xyloglucan gum and calcium hydrogen phosphate (CHP).


The films segment was valued over USD 40 million in 2017 owing to increasing demand from various end-use industries including packaging materials & containers, pharmaceuticals & cosmetics, food processing industries among others. Cellulose triacetate based film finds wide application scope due to its superior properties such as water resistance along with breathability that aids maximum utilization of product content while maintaining quality standards required by customers.


Regional Analysis:


Asia Pacific is expected to be the fastest-growing region with a CAGR of XX% from 2018 to 2030 owing to increasing demand for cellulose triacetate in various applications including films, fibres, and membranes. The presence of a large number of manufacturers coupled with low raw material costs in countries such as China and India are some factors that have contributed towards the growth of cellulose triacetate market in this region.


The wood-based segment dominated the global market accounting for over 80% share owing to high product availability at economical prices along with easy processing characteristics offered by wood products. In addition, growing consumption across end-use industries such as packaging and construction has supported regional growth over the past few years. Increasing investments by major players for production expansion is also likely to boost industry development over next eight years or so. For instance, In January 2016 Coronation Paper Manufacturing Co., Ltd.


Growth Factors:


  • Increasing demand from end-use industries such as textiles, packaging, and automotive due to its properties such as high strength, stiffness, heat resistance, and dimensional stability.
  • Rising awareness about the benefits of cellulose triacetate among consumers owing to its eco-friendly nature.
  • Growing investments by key players in research and development activities to develop new applications for cellulose triacetate products.
  • Expansion of production capacities by key manufacturers to cater to the increasing demand from global markets.

Scope Of The Report

Report Attributes

Report Details

Report Title

Cellulose Triacetate Market Research Report

By Type

Wood-based Cellulose Triacetate, Corron-based Cellulose Triacetate

By Application

Fibre, Films, Semipermeable Membrane, Others

By Companies

Eastman, Daicel Corporation Cellulose Company, Dow Chemical Company, Ryokou Acetate (Mitsubishi Rayon), Island Pyrochemical Industries, Fujifilm Hunt Chemicals, Sichuan Push Acetati Company, 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

195

Number of Tables & Figures

137

Customization Available

Yes, the report can be customized as per your need.


Global Cellulose Triacetate Market Report Segments:

The global Cellulose Triacetate market is segmented on the basis of:

Types

Wood-based Cellulose Triacetate, Corron-based Cellulose Triacetate

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

Fibre, Films, Semipermeable Membrane, 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:

  1. Eastman
  2. Daicel Corporation Cellulose Company
  3. Dow Chemical Company
  4. Ryokou Acetate (Mitsubishi Rayon)
  5. Island Pyrochemical Industries
  6. Fujifilm Hunt Chemicals
  7. Sichuan Push Acetati Company
  8. Eastman

Global Cellulose Triacetate Market Overview


Highlights of The Cellulose Triacetate Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Wood-based Cellulose Triacetate
    2. Corron-based Cellulose Triacetate
  1. By Application:

    1. Fibre
    2. Films
    3. Semipermeable Membrane
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Cellulose Triacetate 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

Global Cellulose Triacetate Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Cellulose triacetate is a type of fiber that is made from the cellulose in plants. Cellulose triacetate is a strong and durable material that can be used to make products such as paper, insulation, and even plastic.

Some of the major players in the cellulose triacetate market are Eastman, Daicel Corporation Cellulose Company, Dow Chemical Company, Ryokou Acetate (Mitsubishi Rayon), Island Pyrochemical Industries, Fujifilm Hunt Chemicals, Sichuan Push Acetati Company, Eastman.

The cellulose triacetate 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 Triacetate 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 Triacetate Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Cellulose Triacetate 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 Triacetate 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 Triacetate Market Size & Forecast, 2020-2028       4.5.1 Cellulose Triacetate Market Size and Y-o-Y Growth       4.5.2 Cellulose Triacetate 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 Wood-based Cellulose Triacetate
      5.2.2 Corron-based Cellulose Triacetate
   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 Fibre
      6.2.2 Films
      6.2.3 Semipermeable Membrane
      6.2.4 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Cellulose Triacetate 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 Triacetate 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 Wood-based Cellulose Triacetate
      9.6.2 Corron-based Cellulose Triacetate
   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 Fibre
      9.10.2 Films
      9.10.3 Semipermeable Membrane
      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 Wood-based Cellulose Triacetate
      10.6.2 Corron-based Cellulose Triacetate
   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 Fibre
      10.10.2 Films
      10.10.3 Semipermeable Membrane
      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 Wood-based Cellulose Triacetate
      11.6.2 Corron-based Cellulose Triacetate
   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 Fibre
      11.10.2 Films
      11.10.3 Semipermeable Membrane
      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 Wood-based Cellulose Triacetate
      12.6.2 Corron-based Cellulose Triacetate
   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 Fibre
      12.10.2 Films
      12.10.3 Semipermeable Membrane
      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 Wood-based Cellulose Triacetate
      13.6.2 Corron-based Cellulose Triacetate
   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 Fibre
      13.10.2 Films
      13.10.3 Semipermeable Membrane
      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 Triacetate Market: Competitive Dashboard
   14.2 Global Cellulose Triacetate Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Eastman
      14.3.2 Daicel Corporation Cellulose Company
      14.3.3 Dow Chemical Company
      14.3.4 Ryokou Acetate (Mitsubishi Rayon)
      14.3.5 Island Pyrochemical Industries
      14.3.6 Fujifilm Hunt Chemicals
      14.3.7 Sichuan Push Acetati Company
      14.3.8 Eastman

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