Global Cellulose Acetate Market to reach USD 5834.1 million by 2027

Global Cellulose acetate market Size study, by Type (Plastic, Fibre), by Application (Cigarette Filters, Textiles & Apparel, Photographic Films, Tapes & Labels), and Regional Forecasts 2020-2027
Product Code:  CAMCAC_61913681
Chapter 1. Executive Summary 
 1.1. Market Snapshot
 1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
 1.2.1. Cellulose Acetate Market, by Region, 2018-2027 (USD Billion)
 1.2.2. Cellulose Acetate Market, by Type, 2018-2027 (USD Billion)
 1.2.3. Cellulose Acetate Market, By Application, 2018-2027 (USD Billion)
 1.3. Key Trends
 1.4. Estimation Methodology
 1.5. Research Assumption
 Chapter 2. Global Cellulose Acetate Market Definition and Scope 
 2.1. Objective of the Study
 2.2. Market Definition & Scope
 2.2.1. Scope of the Study
 2.2.2. Industry Evolution
 2.3. Years Considered for the Study
 2.4. Currency Conversion Rates
 Chapter 3. Global Cellulose Acetate Market Dynamics 
 3.1. Cellulose Acetate Market Impact Analysis (2018-2027)
 3.1.1. Market Drivers
 3.1.2. Market Challenges
 3.1.3. Market Opportunities
 Chapter 4. Global Cellulose Acetate Market Industry Analysis
 4.1. Porter’s 5 Force Model
 4.1.1. Bargaining Power of Suppliers
 4.1.2. Bargaining Power of Buyers
 4.1.3. Threat of New Entrants
 4.1.4. Threat of Substitutes
 4.1.5. Competitive Rivalry
 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
 4.2. PEST Analysis
 4.2.1. Political 
 4.2.2. Economic
 4.2.3. Social 
 4.2.4. Technological 
 4.3. Investment Adoption Model
 4.4. Analyst Recommendation & Conclusion
 Chapter 5. Global Cellulose Acetate Market, by Type
 5.1. Market Snapshot 
 5.2. Global Cellulose Acetate Market by Source, Performance - Potential Analysis
 5.3. Global Cellulose Acetate Market Estimates & Forecasts by Type 2018-2027 (USD Billion)
 5.4. Cellulose Acetate Market, Sub Segment Analysis
 5.4.1. Fiber
 5.4.2. Plastic
 Chapter 6. Global Cellulose Acetate Market, by Application
 6.1. Market Snapshot 
 6.2. Global Cellulose Acetate Market by Source, Performance - Potential Analysis
 6.3. Global Cellulose Acetate Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
 6.4. Cellulose Acetate Market, Sub Segment Analysis
 6.4.1. Cigarette Filters
 6.4.2. Textiles & Apparel
 6.4.3. Photographic Films
 6.4.4. Tapes & Labels
 Chapter 7. Global Cellulose Acetate Market, Regional Analysis
 7.1. Cellulose Acetate Market, Regional Market Snapshot 
 7.2. North America Cellulose Acetate Market 
 7.2.1. U.S. Cellulose Acetate Market
 7.2.1.1. Type breakdown estimates & forecasts, 2018-2027
 7.2.1.2. Application breakdown estimates & forecasts, 2018-2027
 7.2.2. Canada Cellulose Acetate Market
 7.3. Europe Cellulose Acetate Market Snapshot
 7.3.1. U.K. Cellulose Acetate Market 
 7.3.2. Germany Cellulose Acetate Market
 7.3.3. France Cellulose Acetate Market
 7.3.4. Spain Cellulose Acetate Market
 7.3.5. Italy Cellulose Acetate Market
 7.3.6. Rest of Europe Cellulose Acetate Market
 7.4. Asia-Pacific Cellulose Acetate Market Snapshot
 7.4.1. China Cellulose Acetate Market 
 7.4.2. India Cellulose Acetate Market 
 7.4.3. Japan Cellulose Acetate Market
 7.4.4. Australia Cellulose Acetate Market
 7.5. Latin America Cellulose Acetate Market Snapshot 
 7.5.1. Brazil Cellulose Acetate Market
 7.5.2. Mexico Cellulose Acetate Market
 7.6. Rest of The World Cellulose Acetate Market
 Chapter 8. Competitive Intelligence
 8.1. Top Market Strategies
 8.2. Company Profile
 8.2.1. Eastman Chemical Company
 8.2.1.1.  Key Information
 8.2.1.2. Overview
 8.2.1.3. Financial (Subject to Data Availability)
 8.2.1.4. Product Summary
 8.2.1.5. Recent Developments
 8.2.2. Solvay
 8.2.3.  Celanese Corporation
 8.2.4. Cerdia
 8.2.5.  Daicel Corporation
 8.2.6.  Rotuba
 8.2.7. Mitsubishi Chemical Holdings Corporation
 8.2.8. Sichuan Push Acetati Co., Ltd.
 8.2.9. Rayonier Advanced Materials
 8.2.10. Sappi
 Chapter 9. Research Process
 9.1. Research Process
 9.1.1. Data Mining
 9.1.2. Analysis
 9.1.3. Market Estimation
 9.1.4. Validation
 9.1.5. Publishing
 9.2. Research Attributes
 9.3. Research Assumption

The global Cellulose Acetate market was valued at USD 4013.5 million in 2019 and is expected to register significant growth rate of 4.9% over the forecast period and is expected to reach value of USD 5834.1 million in 2027. With the rise in number of smokers and growing demand of cellulose acetate in the various end use industries such as cigarette filters, textile apparel, photographic films and tapes & labels etc. is propelling the growth of market over the forecast years. The cellulose acetate is highly suitable for textile application, as it is comfortable and absorbent and has the ability of dyeing in different colors easily. Thus, rapid growth in textile industry worldwide is propelling the growth of cellulose acetate worldwide. For instance, as per Indian Brand Equity Foundation, In India, the textile & apparel industry was about USD 150 billion in 2017 and projected to grow up to USD 223 billion by 2021. Also, the rise in export of cellulose acetate from Asia pacific counties such as India & China is creating a lucrative opportunity for the market growth. For instance, as per Connect2India, the export of cellulose acetate was worth over USD 21.33 million in 2015 which drastically increased to over USD 50.11 million by 2019. Similarly, Export of cellulose acetate primary form, plasticized has increase from 2019-2020. In 2019, the export was worth of over USD 0.025 million which increased to 0.111 million by the end of 2020. However, Increasing awareness regarding the health issues related to smoking is expected to pose as a main restraint in the cellulose acetate market growth over the forecast period of 2020-2027.

The regional analysis of the global Cellulose Acetate Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is the leading/significant region across the world in terms of market share owing to factors such as surging textiles sector, rising production of cigarettes along with strategic moves made by the private organizations indulged in production of cellulose acetate market. According to Euromonitor International, around 2.33 trillion cigarettes sticks were produced in China in the year 2018 which enhanced & reached to 2.36 trillion cigarettes sticks production in the year 2019. The cellulose acetate is used to manufacture the photographic films which are used in film cameras. For instance: In the year 2018, Japan based multinational organization, Kodak has launched Kodak TMax P3200 and Kodak Ektachrome E100 was released in 35 mm format with expected availability of about 120 format & sheet film. This product launched by the organization is aimed at enhancing the product portfolio and customer outreach of the individuals in terms of photographic films. In the textile sector, cellulose acetate is used in fabrics such as satins, brocades, knit and fabrics due to its efficient draping qualities. According to India Brand Equity foundation in 2018, the ready-made garments (RMG) exports stood at around USD 11,350.44 million which is estimated to reach 13,150 million by the end of the year 2021. Thus, the escalating textile sector along with rising demand of cigarette is paving the way for the development & growth of cellulose acetate market.
Major market player included in this report are:

Eastman Chemical Company
Celanese Corporation
Solvay
Daicel Corporation
Mitsubishi Chemical Holdings Corporation
Cerdia
Rotuba
Sichuan Push Acetati Co., Ltd.
Sappi
Rayonier Advanced Materials
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type :
Fiber
Plastic
By Application:
Cigarette Filters
Textiles & Apparel
Photographic Films
Tapes & Labels
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027.

Target Audience of the Global Cellulose acetate market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors


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