Global Cellulose Acetate Market 2020-2024
Technavio has been monitoring the cellulose acetate market and it is poised to grow by $ 865.70 mn during 2020-2024 progressing at a CAGR of 3% during the forecast period. Our reports on cellulose acetate market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growth of the textile industry in APAC and an increase in demand for glass fibers from developing countries.
The cellulose acetate market analysis includes type segment and geographic landscape.
Technavio's cellulose acetate market is segmented as below:
By Geographic Landscapes
- North America
- South America
This study identifies the rise in demand for cellulose acetate for cigarette filter production as one of the prime reasons driving the cellulose acetate market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our cellulose acetate market covers the following areas:
- Cellulose acetate market sizing
- Cellulose acetate market forecast
- Cellulose acetate market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cellulose acetate market vendors that include Borregaard ASA, Celanese Corp., Daicel Corp., Eastman Chemical Co., Merck & Co. Inc., Mitsubishi Chemical Holdings Corp., Nantong Acetate Fiber Co. Ltd., Rayonier Advanced Materials Inc., Sappi Ltd., and Solvay SA. Also, the cellulose acetate market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.