Cellulose Esters Market Dynamics, Restraints, and Growth Forecast 2019 ? 2023

Posted by Moin Patni on January 24th, 2019

Cellulose Esters Market Key Players:

The leading players in the global Cellulose Ester market are CHT Group (Germany), KCC CORPORATION (South Korea), Elkem Silicones (Norway), MESGO S.p.A. (Italy), Momentive (US), Wacker Chemie AG (Germany), Shin-Etsu Chemical Co. (Japan), Reiss Manufacturing, Inc. (US), SIMTEC Silicone Parts (US), Shenzhen Inno Silica Co., Ltd. (China).

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Cellulose Ester Market Segmentation:

The global Cellulose Ester market has been segregated on the basis of raw material, application, and region.

By raw material, the global cellulose ester market has been segregated into cellulose acetate, cellulose acetate propionate, cellulose acetate butyrate, cellulose nitrate, and others.

Based on application, the market is categorized into coatings, films & tapes, textiles, cigarette filters, healthcare, inks, and others.

The global cellulose ester market has been studied across the five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

Cellulose Ester Market Regional Analysis:

The global cellulose ester market has been segmented across five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. The market in Asia-Pacific is anticipated to grow at the highest CAGR owing to the rising product demand in the automotive, healthcare, and construction industries. In addition, the cellulose esters are widely used in rapidly growing textiles industry in this region. This is expected to fuel the market growth in the region during the review period.

North America is expected to witness significant growth during the forest period. This is mainly due to the substantially higher growth in demand for the product in the construction industry along with the cigarettes filters.

Cellulose Ester Market Overview:

Cellulose esters are an acetate ester of cellulose. It is primarily used for a film base in photography, as the precursor components in some coatings. Additionally, the product finds application in a frame material for eyeglasses and as synthetic fiber in the manufacturing cigarette filters.

Cellulose Ester Market Table of Content to be Continue…...,

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