Cellulose Acetate Market Overview:
Cellulose acetate is available in two types namely fiber and plastics. The fiber segment dominated the market in 2016 owing to its easy availability. The fiber type cellulose acetate held major of the global market share in 2016 due to its extensive use in the manufacturing of cigarette tows and textiles. Acetate fibers are fast drying, wrinkle resistant, and soft used for dresses, draperies, carpets, umbrellas, and others. It is used in the manufacturing of cigarette tows due to its high heat stability, high absorptivity, and biodegradability. The biodegradable nature of cellulose acetate is likely to offer substantial opportunities to the plastic type cellulose acetate in the mature markets such as the U.S.
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The application segment includes textiles & apparels, cigarette filters, photographic films, tapes & labels, spectacle frames, and others. Growing demand from the textiles & apparels industry is majorly driving the global cellulose acetate market growth. This growth is attributed to various properties that the product offer such as soft nature, heat-resistance, and comfort. The increasing use of cellulose acetate as a replacement of silk owing to its low cost is expected to fuel the growth of the textile industry. The product demand from ophthalmology industry for manufacturing frame-wears is expected to fuel the market growth during the review period. However, the demand for cellulose acetate in photographic films is likely to decline on account of the substitution by other low-cost effective products such as polyesters.
Regional Analysis:
Regionally, the global cellulose acetate market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Asia Pacific dominated the global cellulose acetate market in 2016 on account of the high demand from the textiles & apparels industry. The changing lifestyle in the emerging countries such as India and China is likely to fuel the market growth
Textiles & clothing is a diverse sector playing an important role in European manufacturing industry, which is expected to drive the global cellulose acetate market. Italy, Germany, France, Spain, and the U.K are major contributor to the textiles and fashion goods that produce a wide range of products such as carpets, home textiles, cellulosic fibers, and technical textiles.
High demand from the food packaging and textiles industry is expected to drive the cellulose acetate market in the North American region during the forecast period, 2018-2023.
Competitive Analysis:
Some of the manufacturers operating in the global cellulose acetate market are Eastman Chemical Company (U.S.), Solvay (Belgium), Mitsubishi Chemicals Holdings Corporation (Japan), Celanese Corporation (U.S.), Daicel Corporation (Japan), China National Tobacco Corporation (China), Accordis Cellulosic Fibers, Inc. (U.S.), SK Chemicals (South Korea), Sichuan Push Acetati Co., Ltd. (China), Sappi (South Africa), Rayonier Advanced Materials (U.S.), and Borregaard (Norway).
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TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Bargaining Power Of Suppliers
4.1.4 Threat Of Substitutes
4.1.5 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Cellulose Acetate Market
5 Industry Overview Of Global Cellulose Acetate Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact Analysis
7. Global Cellulose Acetate Market By Type
7.1 Introduction
7.2 Fiber
7.2.1 Market Estimates & Forecast, 2018-2023
7.2.2 Market Estimates & Forecast By Region, 2018-2023
7.3 Plastic
7.3.1 Market Estimates & Forecast, 2018-2023
7.3.2 Market Estimates & Forecast By Region, 2018-2023
LIST OF TABLES:
Table 1 World Population By Major Regions (2016 To 2030)
Table 2 Global Cellulose Acetate Market: By Region, 2018-2023
Table 3 North America Cellulose Acetate Market: By Country, 2018-2023
Table 4 Europe Cellulose Acetate Market: By Country, 2018-2023
Table 5 Asia Pacific Cellulose Acetate Market: By Country, 2018-2023
Table 7 The Middle East & Africa Cellulose Acetate Market: By Country, 2018-2023
Table 6 Latin America Cellulose Acetate Market: By Country, 2018-2023
Table 8 Global Cellulose Acetate By Types Market: By Regions, 2018-2023
Table 9 North America Cellulose Acetate By Types Market: By Country, 2018-2023
Table 10 Europe Cellulose Acetate By Types Market: By Country, 2018-2023
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