Cellulose Acetate Market Research Report – Forecast to 2027

Cellulose Acetate Market Information: By Type (Fiber and Plastic), Application (Textiles & Apparels, Cigarette Filters, Photographic Films, Tapes & Labels, Spectacle Frames, and Others), and Region- Forecast Till 2027

ID: MRFR/CnM/4571-HCR | February 2021 | Region: Global | 100 pages

Cellulose Acetate Market- Regional Analysis


The global cellulose acetate market is segmented into five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.


Asia Pacific was dominating the global cellulose acetate market in 2016 owing to the high demand from textiles & apparels industry. Changing lifestyle coupled with the high disposable income in countries such as India and China is likely to propel the product demand during the review period, 2018-2023. According to the International Trade Association, China is the fifth largest market for the U.S. medical textiles and protective apparels.


Europe was the second largest market across globe in the year 2016 on account of the growing textiles & clothing sector generating a turnover of around Euro 166 billion.


North America is expected to witness a considerable growth on account of high demand for cellulose acetate in the food packaging and textiles industry.


Latin America is projected to witness a considerable growth due to growing textile industry in Peru, Brazil, Mexico, and Columbia.


The Middle East & Africa is likely to grow moderately due to the expanding yet untapped market region.


Key Players


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).


Market Overview


Cellulose acetate is a synthetically derived compound through the acetylation of cellulose. Cellulose acetate is made from processed wood pulp. This pulp is processed using acetic anhydride to form acetate flake, which used in the synthesis of cellulose acetate. Cellulose acetate is biodegradable. It can also be produced by treating cotton with acetic acid, using sulfuric acid as a catalyst.


Global cellulose acetate market is majorly driven by the product demand from textiles & apparel industry in Asia Pacific region. The product is highly used in woven fabrics, knitting, and braided textiles. Various applications of cellulose acetate include medical gauze, ribbons, coffin linings, home furnishings, woven velvets, woven satins, and others. The product is available in a variety of deniers, lusters, colors, finishes, package size, and compactions types. Additionally, the product offers good toughness, deep gloss, and high transparency. It is often blended with other fibers to make combination yarns. The product is used in the production of cigarette filter tow as it reduces overall nicotine and tar intake and is biodegradable. The increasing consumer demand for low tar cigarettes across the globe is likely to propel the market growth during the review period. Furthermore, cellulose acetate is also used in food packaging as it possesses relatively low gas & moisture barrier properties and is plasticized for film production. These properties increase the shelf life of food products, which is expected to fuel the product demand in the food packaging sector over the review period. The product finds its application in wound dressings, personal hygiene products, and absorbent clothes & wipes due to its moisture retention, cytotoxicity, as well as antibacterial properties against bacterial species Staphylococcus aureus, Escherichia Coli, and the yeast Candida albicans.


However, the Food and Administration Drug and the World Health Organization Framework Convention on Tobacco Control (FCTC) regulate the use and exposure to tobacco smoke at the national, regional, and international levels, which may hinder the market growth. The objective of the FCTC Convention and its protocols state the protection of present and future generations from the devastating health, social, environmental, and economic consequences of tobacco consumption. Moreover, the fluctuating raw material prices is another factor that may challenge the market growth.


Nevertheless, the market players are focusing on strategic development by mergers, acquisition, product launch, and others. For instance, in May 2016, Solvay and Eastman Chemical Company signed a definitive agreement to end their cellulose acetate production joint venture Primester with Solvay becoming the owner of the Eastman’s cellulose acetate flake plant in the U.S.


Global Cellulose Acetate, by the Application (%)


 Cellulose Acetate Market


Source: MRFR analysis


Segmentation


The global cellulose acetate market is segmented on the basis of the type, application, and region.


On the basis of the type, the global cellulose acetate market is segmented into fiber and plastic.


Based on the application, the market is segmented into textiles & apparels, cigarette filters, photographic films, tapes & labels, spectacle frames, and others.


Intended Audience



  • Cellulose Acetate Manufacturers

  • Traders and distributors of Cellulose Acetate

  • Research and development institutes

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratory



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant Value
  CAGR   Substantial Value
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type and Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   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)
  Key Market Opportunities   fluctuating raw material prices
  Key Market Drivers

  • The increasing consumer demand for low tar cigarettes across the globe
  • properties increase the shelf life of food products


  • Frequently Asked Questions (FAQ) :


    The global cellulose acetate market is driven by massive demand from textile and apparel industrial sectors in APAC.

    High demand for low tar cigarettes is expected to drive the global cellulose acetate market growth.

    APAC will dominate the global cellulose acetate market.

    SK Chemicals, Celanese Corporation, Accordis Cellulosic Fibers, Inc., Sappi, Sichuan Push Acetati Co., Ltd., Daicel Corporation, Eastman Chemical Company, Borregaard, Solvay, China National Tobacco Corporation, Mitsubishi Chemicals Holdings Corporation, and Rayonier Advanced Materials are major players of the global cellulose acetate market.

    Mergers, acquisitions, and novel product launches are the major strategies incorporated by the players of the global cellulose acetate market.

    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, 2020-2027

    7.2.2 Market Estimates & Forecast by Region, 2020-2027

    7.3 Plastic

    7.3.1 Market Estimates & Forecast, 2020-2027

    7.3.2 Market Estimates & Forecast by Region, 2020-2027

    8. Global Cellulose Acetate Market by Application

    8.1 Introduction

    8.2 Textiles & Apparels

    8.2.1 Market Estimates & Forecast, 2020-2027

    8.2.2 Market Estimates & Forecast by Region, 2020-2027

    8.3 Cigarette Filters

    8.3.1 Market Estimates & Forecast, 2020-2027

    8.3.2 Market Estimates & Forecast by Region, 2020-2027

    8.4 Photographic Films

    8.4.1 Market Estimates & Forecast, 2020-2027

    8.4.2 Market Estimates & Forecast by Region, 2020-2027

    8.5 Tapes & Labels

    8.5.1 Market Estimates & Forecast, 2020-2027

    8.5.2 Market Estimates & Forecast by Region, 2020-2027

    8.6 Spectacle Frames

    8.6.1 Market Estimates & Forecast, 2020-2027

    8.6.2 Market Estimates & Forecast by Region, 2020-2027

    8.7 Others

    8.7.1 Market Estimates & Forecast, 2020-2027

    8.7.2 Market Estimates & Forecast by Region, 2020-2027

    9. Global Cellulose Acetate Market by Region

    9.1 Introduction

    9.2 North America

    9.2.1 Market Estimates & Forecast, 2020-2027

    9.2.2 Market Estimates & Forecast by Type, 2020-2027

    9.2.3 Market Estimates & Forecast by Application, 2020-2027

    9.2.4 U.S.

    9.2.4.1 Market Estimates & Forecast, 2020-2027

    9.2.4.2 Market Estimates & Forecast by Type, 2020-2027

    9.2.4.3 Market Estimates & Forecast by Application, 2020-2027

    9.2.5 Canada

    9.2.5.1 Market Estimates & Forecast, 2020-2027

    9.2.5.2 Market Estimates & Forecast by Type, 2020-2027

    9.2.5.3 Market Estimates & Forecast by Application, 2020-2027

    9.3 Europe

    9.3.1 Market Estimates & Forecast, 2020-2027

    9.3.2 Market Estimates & Forecast by Type, 2020-2027

    9.3.3 Market Estimates & Forecast by Application, 2020-2027

    9.3.4 Germany

    9.3.4.1 Market Estimates & Forecast, 2020-2027

    9.3.4.2 Market Estimates & Forecast by Type, 2020-2027

    9.3.4.3 Market Estimates & Forecast by Application, 2020-2027

    9.3.5. France

    9.3.5.1 Market Estimates & Forecast, 2020-2027

    9.3.5.2 Market Estimates & Forecast by Type, 2020-2027

    9.3.5.3 Market Estimates & Forecast by Application, 2020-2027

    9.3.6 Italy

    9.3.6.1 Market Estimates & Forecast, 2020-2027

    9.3.6.2 Market Estimates & Forecast by Type, 2020-2027

    9.3.6.3 Market Estimates & Forecast by Application, 2020-2027

    9.3.7 Spain

    9.3.7.1 Market Estimates & Forecast, 2020-2027

    9.3.7.2 Market Estimates & Forecast by Type, 2020-2027

    9.3.7.3 Market Estimates & Forecast by Application, 2020-2027

    9.3.8 U.K

    9.3.8.1 Market Estimates & Forecast, 2020-2027

    9.3.8.2 Market Estimates & Forecast by Type, 2020-2027

    9.3.8.3 Market Estimates & Forecast by Application, 2020-2027

    9.3.9 Russia

    9.3.9.1 Market Estimates & Forecast, 2020-2027

    9.3.9.2 Market Estimates & Forecast by Type, 2020-2027

    9.3.9.3 Market Estimates & Forecast by Application, 2020-2027

    9.3.10 Poland

    9.3.10.1 Market Estimates & Forecast, 2020-2027

    9.3.10.2 Market Estimates & Forecast by Type, 2020-2027

    9.3.10.3 Market Estimates & Forecast by Application, 2020-2027

    9.4 Asia Pacific

    9.4.1 Market Estimates & Forecast, 2020-2027

    9.4.2 Market Estimates & Forecast by Type, 2020-2027

    9.4.3 Market Estimates & Forecast by Application, 2020-2027

    9.4.4 China

    9.4.4.1 Market Estimates & Forecast, 2020-2027

    9.4.4.2 Market Estimates & Forecast by Type, 2020-2027

    9.4.4.3 Market Estimates & Forecast by Application, 2020-2027

    9.4.5 India

    9.4.4.1 Market Estimates & Forecast, 2020-2027

    9.4.4.2 Market Estimates & Forecast by Type, 2020-2027

    9.4.4.3 Market Estimates & Forecast by Application, 2020-2027

    9.4.6 Japan

    9.4.6.1 Market Estimates & Forecast, 2020-2027

    9.4.6.2 Market Estimates & Forecast by Type, 2020-2027

    9.4.6.3 Market Estimates & Forecast by Application, 2020-2027

    9.4.7 Australia

    9.4.7.1 Market Estimates & Forecast, 2020-2027

    9.4.7.2 Market Estimates & Forecast by Type, 2020-2027

    9.4.7.3 Market Estimates & Forecast by Application, 2020-2027

    9.4.8 New Zealand

    9.4.8.1 Market Estimates & Forecast, 2020-2027

    9.4.8.2 Market Estimates & Forecast by Type, 2020-2027

    9.4.8.3 Market Estimates & Forecast by Application, 2020-2027

    9.4.9 Rest of Asia Pacific

    9.4.9.1 Market Estimates & Forecast, 2020-2027

    9.4.9.2 Market Estimates & Forecast by Type, 2020-2027

    9.4.9.3 Market Estimates & Forecast by Application, 2020-2027

    9.5 The Middle East & Africa

    9.5.1 Market Estimates & Forecast, 2020-2027

    9.5.2 Market Estimates & Forecast by Type, 2020-2027

    9.5.3 Market Estimates & Forecast by Application, 2020-2027

    9.5.4 Turkey

    9.5.4.1 Market Estimates & Forecast, 2020-2027

    9.5.4.2 Market Estimates & Forecast by Type, 2020-2027

    9.5.4.3 Market Estimates & Forecast by Application, 2020-2027

    9.5.5 Israel

    9.5.5.1 Market Estimates & Forecast, 2020-2027

    9.5.5.2 Market Estimates & Forecast by Type, 2020-2027

    9.5.5.3 Market Estimates & Forecast by Application, 2020-2027

    9.5.6 North Africa

    9.5.6.1 Market Estimates & Forecast, 2020-2027

    9.5.6.2 Market Estimates & Forecast by Type, 2020-2027

    9.5.6.3 Market Estimates & Forecast by Application, 2020-2027

    9.5.7 GCC

    9.5.7.1 Market Estimates & Forecast, 2020-2027

    9.5.7.2 Market Estimates & Forecast by Type, 2020-2027

    9.5.7.3 Market Estimates & Forecast by Application, 2020-2027

    9.5.8 Rest of Middle East & Africa

    9.5.8.1 Market Estimates & Forecast, 2020-2027

    9.5.8.2 Market Estimates & Forecast by Type, 2020-2027

    9.5.8.3 Market Estimates & Forecast by Application, 2020-2027

    9.6 Latin America

    9.6.1 Market Estimates & Forecast, 2020-2027

    9.6.2 Market Estimates & Forecast by Type, 2020-2027

    9.6.3 Market Estimates & Forecast by Application, 2020-2027

    9.6.4 Brazil

    9.6.4.1 Market Estimates & Forecast, 2020-2027

    9.6.4.2 Market Estimates & Forecast by Type, 2020-2027

    9.6.4.3 Market Estimates & Forecast by Application, 2020-2027

    9.6.5 Argentina

    9.6.5.1 Market Estimates & Forecast, 2020-2027

    9.6.5.2 Market Estimates & Forecast by Type, 2020-2027

    9.6.5.3 Market Estimates & Forecast by Application, 2020-2027

    9.6.6 Mexico

    9.6.6.1 Market Estimates & Forecast, 2020-2027

    9.6.6.2 Market Estimates & Forecast by Type, 2020-2027

    9.6.6.3 Market Estimates & Forecast by Application, 2020-2027

    9.6.70 Rest of Latin America

    9.6.7.1 Market Estimates & Forecast, 2020-2027

    9.6.7.2 Market Estimates & Forecast by Type, 2020-2027

    9.6.7.3 Market Estimates & Forecast by Application, 2020-2027

    10. Company Landscape

    11. Company Profiles

    11.1 Eastman Chemical Company

    11.1.1 Company Overview

    11.1.2 Type/Business Segment Overview

    11.1.3 Financial Updates

    11.1.4 Key Developments

    11.2 Solvay

    11.2.1 Company Overview

    11.2.2 Type/Business Segment Overview

    11.2.3 Financial Updates

    11.2.4 Key Developments

    11.3 Mitsubishi Chemicals Holdings Corporation

    11.3.1 Company Overview

    11.3.2 Type/Business Segment Overview

    11.3.3 Financial Updates

    11.3.4 Key Developments

    11.4 Celanese Corporation

    11.4.1 Company Overview

    11.4.2 Type/Business Segment Overview

    11.4.3 Financial Updates

    11.4.4 Key Developments

    11.5 Daicel Corporation

    11.5.1 Company Overview

    11.5.2 Type/Business Segment Overview

    11.5.3 Financial Updates

    11.5.4 Key Developments

    11.6 China National Tobacco Corporation

    11.6.1 Company Overview

    11.6.2 Type/Business Segment Overview

    11.6.3 Financial Updates

    11.6.4 Key Developments

    11.7 Accordis Cellulosic Fibers, Inc.

    11.7.1 Company Overview

    11.7.2 Type/Business Segment Overview

    11.7.3 Financial Updates

    11.7.4 Key Developments

    11.8 SK Chemicals

    11.8.1 Company Overview

    11.8.2 Type/Business Segment Overview

    11.8.3 Financial Updates

    11.8.4 Key Developments

    11.9 Sichuan Push Acetati Co., Ltd.

    11.9.1 Company Overview

    11.9.2 Type/Business Segment Overview

    11.9.3 Financial Updates

    11.9.4 Key Developments

    11.10 Sappi

    11.10.1 Company Overview

    11.10.2 Type/Business Segment Overview

    11.10.3 Financial Updates

    11.10.4 Key Developments

    11.11 Rayonier Advanced Materials

    11.11.1 Company Overview

    11.11.2 Type/Business Segment Overview

    11.11.3 Financial Updates

    11.11.4 Key Developments

    11.12 Borregaard

    11.12.1 Company Overview

    11.12.2 Type/Business Segment Overview

    11.12.3 Financial Updates

    11.12.4 Key Developments

    12. Conclusion

    LIST OF TABLES

    Table 1 World Population by Major Regions (2020 To 2030)

    Table 2 Global Cellulose Acetate Market: By Region, 2020-2027

    Table 3 North America Cellulose Acetate Market: By Country, 2020-2027

    Table 4 Europe Cellulose Acetate Market: By Country, 2020-2027

    Table 5 Asia Pacific Cellulose Acetate Market: By Country, 2020-2027

    Table 7 The Middle East & Africa Cellulose Acetate Market: By Country, 2020-2027

    Table 6 Latin America Cellulose Acetate Market: By Country, 2020-2027

    Table 8 Global Cellulose Acetate by Types Market: By Regions, 2020-2027

    Table 9 North America Cellulose Acetate by Types Market: By Country, 2020-2027

    Table 10 Europe Cellulose Acetate by Types Market: By Country, 2020-2027

    Table11 Asia Pacific Cellulose Acetate by Types Market: By Country, 2020-2027

    Table13 The Middle East & Africa Cellulose Acetate by Types Market: By Country, 2020-2027

    Table12 Latin America Cellulose Acetate by Types Market: By Country, 2020-2027

    Table14 North America Cellulose Acetate for Application Market: By Country, 2020-2027

    Table13 Europe Cellulose Acetate for Application Market: By Country, 2020-2027

    Table14 Asia Pacific Cellulose Acetate for Application Market: By Country, 2020-2027

    Table16 The Middle East & Africa Cellulose Acetate for Application Market: By Country, 2020-2027

    Table15 Latin America Cellulose Acetate for Application Market: By Country, 2020-2027

    Table23 Global Types Market: By Region, 2020-2027

    Table24 Global Application Market: By Region, 2020-2027

    Table25 North America Cellulose Acetate Market, By Country

    Table26 North America Cellulose Acetate Market, By Types

    Table27 North America Cellulose Acetate Market, By Application

    Table28 Europe: Cellulose Acetate Market, By Country

    Table29 Europe: Cellulose Acetate Market, By Types

    Table30 Europe: Cellulose Acetate Market, By Application

    Table31 Asia Pacific: Cellulose Acetate Market, By Country

    Table32 Asia Pacific: Cellulose Acetate Market, By Types

    Table33 Asia Pacific: Cellulose Acetate Market, By Application

    Table36 The Middle East & Africa: Cellulose Acetate Market, By Country

    Table37 The Middle East & Africa Cellulose Acetate Market, By Types

    Table33 The Middle East & Africa: Cellulose Acetate Market, By Application

    Table34 Latin America: Cellulose Acetate Market, By Country

    Table35 Latin America Cellulose Acetate Market, By Types

    Table33 Latin America: Cellulose Acetate Market, By Application

    LIST OF FIGURES

    FIGURE 1 Global Cellulose Acetate Market segmentation

    FIGURE 2 Forecast Methodology

    FIGURE 3 Porter’s Five Forces Analysis of Global Cellulose Acetate Market

    FIGURE 4 Value Chain of Global Cellulose Acetate Market

    FIGURE 5 Share of Global Cellulose Acetate Market in 2020, by country (in %)

    FIGURE 6 Global Cellulose Acetate Market, 2020-2027,

    FIGURE 7 Sub segments of Type

    FIGURE 8 Global Cellulose Acetate Market size by Type, 2020

    FIGURE 9 Share of Global Cellulose Acetate Market by Type, 2020-2027

    FIGURE 10 Sub segments of Application

    FIGURE 11 Global Cellulose Acetate Market size by Application, 2020

    FIGURE 12 Share of Global Cellulose Acetate Market by Application, 2020-2027