Cellulose Acetate Market Trends

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Cellulose Acetate Market Share, Size, Analysis, Growth, Strategies,
Regional Outlook, Trends and Forecasts to 2024 | Hexa Research
"Cellulose Acetate Market To Reach 820.04 Thousand
Tons By 2024."
The global Cellulose Acetate Market to reach 820.04 thousand tons by 2024, driven by the increasing
consumption of cigarettes in developing nations and growth in the textile industry. Cellulose acetate tow is
used as a filter in the cigarette buds. Cigarette filters are used to cut down the overall tar and nicotine
content during cigarette consumption.
Growing use of cellulose acetate tow in the cigarettes is anticipated to boost the market for cellulose acetate.
Asia Pacific dominated the global cellulose acetate market in 2016 with the market share of 51.79% and is
expected to maintain its dominance over the forecast period. The region is projected to continue its
dominance due to the prevailing cigarette consumption rate in countries such as Indonesia and China. Rising
awareness about the ill effects of smoking and relative growth in electronic cigarette market is projected to
slow the demand for cellulose acetate tow in North America and Europe.
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Cellulose acetate is used in many applications such as textile & apparel, cigarette filters, tapes and labels,
photographic films, extrusion &molding. Cigarette filter is the largest application by segment accounting for
around 80% of the market in 2016. Cigarette filter segment is expected to dominate the market over the
forecast period owing to increasing demand for low tar filters worldwide. The textile industry uses this
filament in the manufacturing of garments. The textile & apparel application segment is estimated to grow
because of the strong growth of textile industry in developing nations such as China and India. Cellulose
acetate is also used in making protection films which are utilized in liquid crystal displays, spectacle frames,
and plastic handles. It has become popular as an eco-friendly plastic which is not harmful to skin and health.
Biodegradable and renewable nature of cellulose acetate is anticipated to boost the demand over the
forecast period.
Active companies in the market are adopting the strategy of merger & acquisition. For instance, in 2016,
Solvay signed a definitive agreement to acquire Eastman’s stake in their joint venture – Primester – and
becoming its sole owner.
Hexa Research has segmented the global cellulose acetate market based on product, application and region:
Segmentation by Product, 2014 - 2024 (USD Million)
• Cellulose Acetate Tow
• Cellulose Acetate Filament
Segmentation by Application, 2014 - 2024 (USD Million)
• Cigarette Filters
• Textile & Apparel
• Photographic Films
• Tapes & Labels
• Extrusion &Molding
• Others
Segmentation by Region, 2014 - 2024 (USD Million)
• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa
Key players analyzed:
• Daicel Corporation
• Eastman Chemical Company
• Mitsubishi Chemical Holding Corporation
• Solvay
• SK chemicals
• Rayonier Advanced Materials
• Tembec.com
• Sappi
• Borregaard
• Celanese Corporation
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Table of Content of Cellulose Acetate Market
Chapter 1. Market Summary
1.1. Market trends & movement
Chapter 2. Cellulose Acetate Market Trends: Drivers & Opportunities
2.1. Introduction
2.2. Key industry trends
2.3. Market drivers
2.4. Market restraints
2.5. Value chain analysis
2.6. Porter's Five Forces analysis
2.7. SWOT
Chapter 3. Cellulose Acetate Market Trends, By Product Type
3.1. Global cellulose acetate market movement, by product type, 2016 & 2024
3.1.1. Cellulose Acetate Tow
3.1.1.1. Market estimates and forecast, 2014 - 2024 (Kilo Tons) (USD Billion)
3.1.2. Cellulose Acetate Filament
3.1.2.1. Market estimates and forecast, 2014 - 2024 (Kilo Tons) (USD Billion)
Chapter 4. Cellulose Acetate Market Trends, By Application
4.1. Global cellulose acetate market movement, by application, 2016 & 2024
4.1.1. Cigarette Filters
4.1.1.1. Market estimates and forecast 2014 - 2024 (Kilo Tons) (USD Billion)
4.1.2. Textile & Apparel
4.1.2.1. Market estimates and forecast, 2014 - 2024 (Kilo Tons) (USD Million)
4.1.3. Photographic Films
4.1.3.1. Market estimates and forecast 2014 - 2024 (Kilo Tons) (USD Billion)
4.1.4. Tapes & Labels
4.1.4.1. Market estimates and forecast 2014 - 2024 (Kilo Tons) (USD Billion)
4.1.5. Extrusion &Molding
4.1.5.1. Market estimates and forecast 2014 - 2024 (Kilo Tons) (USD Billion)
4.1.6. Others
4.1.6.1. Market estimates and forecast 2014 - 2024 (Kilo Tons) (USD Billion)
Chapter 5. Cellulose Acetate Market Trends, By Region
5.1. Global Cellulose Acetate market movement, by region, 2016 & 2024
5.1.1. North America
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5.1.1.1. Market estimates and forecast, 2014 - 2024 (Kilo Tons) (USD Billion)
5.1.1.2. Market estimates and forecast 2014 - 2024, by product type, (USD Billion)
5.1.1.3. Market estimates and forecast 2014 - 2024, by application, (USD Billion)
5.1.2. Europe
5.1.2.1. Market estimates and forecast, 2014 - 2024 (Kilo Tons) (USD Billion)
5.1.2.2. Market estimates and forecast 2014 - 2024, by product type, (USD Billion)
5.1.2.3. Market estimates and forecast 2014 - 2024, by application, (USD Billion)
5.1.3. Asia Pacific
5.1.3.1. Market estimates and forecast, 2014 - 2024 (Kilo Tons) (USD Billion)
5.1.3.2. Market estimates and forecast 2014 - 2024, by product type, (USD Billion)
5.1.3.3. Market estimates and forecast 2014 - 2024, by application, (USD Billion)
5.1.4. RoW
5.1.4.1. Market estimates and forecast, 2014 - 2024 (Kilo Tons) (USD Billion)
5.1.4.2. Market estimates and forecast 2014 - 2024, by product type, (USD Billion)
5.1.4.3. Market estimates and forecast 2014 - 2024, by application, (USD Billion)
Chapter 6. Key Country Markets
6.1. U.S.
6.1.1. Market estimates and forecast, 2014 - 2024 (Kilo Tons) (USD Billion)
6.1.2. Market estimates and forecast 2014 - 2024, by product type, (USD Billion)
6.1.3. Market estimates and forecast 2014 - 2024, by application, (USD Billion)
6.2. Germany
6.2.1. Market estimates and forecast, 2014 - 2024 (Kilo Tons) (USD Billion)
6.2.2. Market estimates and forecast 2014 - 2024, by product type, (USD Billion)
6.2.3. Market estimates and forecast 2014 - 2024, by application, (USD Billion)
6.3. UK
6.3.1. Market estimates and forecast, 2014 - 2024 (Kilo Tons) (USD Billion)
6.3.2. Market estimates and forecast 2014 - 2024, by product type, (USD Billion)
6.3.3. Market estimates and forecast 2014 - 2024, by application, (USD Billion)
6.4. China
6.4.1. Market estimates and forecast, 2014 - 2024 (Kilo Tons) (USD Billion)
6.4.2. Market estimates and forecast 2014 - 2024, by product type, (USD Billion)
6.4.3. Market estimates and forecast 2014 - 2024, by application, (USD Billion)
6.5. India
6.5.1. Market estimates and forecast, 2014 - 2024 (Kilo Tons) (USD Billion)
6.5.2. Market estimates and forecast 2014 - 2024, by product type, (USD Billion)
6.5.3. Market estimates and forecast 2014 - 2024, by application, (USD Billion)
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Chapter 7. Competitive Landscape
7.1. Competitive landscape analysis, 2016
7.2. Strategic framework
7.3. Potential customer base concentration
7.4. Company market positioning
7.5. Company profiles
7.5.1. Daicel Corporation
7.5.1.1. Company Overview
7.5.1.2. Product Benchmarking
7.5.1.3. Financial Performance
7.5.1.4. Recent Initiatives
7.5.2. Eastman Chemical Company
7.5.2.1. Company Overview
7.5.2.2. Product Benchmarking
7.5.2.3. Financial Performance
7.5.2.4. Recent Initiatives
7.5.3. Mitsubishi Chemical Holding Corporation
7.5.3.1. Company Overview
7.5.3.2. Product Benchmarking
7.5.3.3. Financial Performance
7.5.3.4. Recent Initiatives
7.5.4. Solvay
7.5.4.1. Company Overview
7.5.4.2. Product Benchmarking
7.5.4.3. Financial Performance
7.5.4.4. Recent Initiatives
7.5.5. SK chemicals
7.5.5.1. Company Overview
7.5.5.2. Product Benchmarking
7.5.5.3. Financial Performance
7.5.5.4. Recent Initiatives
7.5.6. Rayonier Advanced Materials
7.5.6.1. Company Overview
7.5.6.2. Product Benchmarking
7.5.6.3. Financial Performance
7.5.6.4. Recent Initiatives
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7.5.7. Tembec.com
7.5.7.1. Company Overview
7.5.7.2. Product Benchmarking
7.5.7.3. Financial Performance
7.5.7.4. Recent Initiatives
7.5.8. Sappi
7.5.8.1. Company Overview
7.5.8.2. Product Benchmarking
7.5.8.3. Financial Performance
7.5.8.4. Recent Initiatives
7.5.9. Borregaard
7.5.9.1. Company Overview
7.5.9.2. Product Benchmarking
7.5.9.3. Financial Performance
7.5.9.4. Recent Initiatives
7.5.10. Celanese Corporation
7.5.10.1. Company Overview
7.5.10.2. Product Benchmarking
7.5.10.3. Financial Performance
7.5.10.4. Recent Initiatives
7.5.11. List of other vendors
Chapter 8. Methodology and Scope
8.1. Research methodology
8.2. Research Scope & Assumptions
8.3. List of data sources
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The global cellulose acetate market size was estimated at 614.03 kilo tons in 2016 and is expected to grow due to the development in global cigarette production.