Global Cellulose Acetate Butyrate Market 2017-2021
About Cellulose Acetate Butyrate
Cellulose acetate butyrate is a thermoplastic polymer with higher butyryl content and a lower molecular weight. It exhibits properties, such as low viscosity, increased resistance to moisture and ultraviolet (UV) radiation, increased moisture absorption, reduced mottling, and a better intercoat adhesion. Due to its excellent properties, it finds applications in paints and coatings, lacquers used in the wood industry, and in printing inks.
Technavio’s analysts forecast the global cellulose acetate butyrate market to grow at a CAGR of 4.28% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global cellulose acetate butyrate market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Cellulose Acetate Butyrate Market 2017-2021
Technavio recognizes the following companies as the key players in the global cellulose acetate butyrate market: Eastman Chemical, Hangzhou Dayangchem, HAIHANG INDUSTRY, Rotuba, and Merck.
Other Prominent Vendors in the market are: elkamet, Emco Industrial Plastics, Hefei TNJ Chemical Industry, NAGASE, P J CHEMICALS, and Sichuan Nitrocell.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing demand for cellulose acetate butyrate in the printing ink application. The cellulose acetate butyrate market is expected to witness an appropriate growth rate over the forecast period due to the growth of the printing ink applications. Some of the excellent properties, such as resistance to UV radiations, improvement in the impact strength, and lower moisture absorption rate, are the important reasons for the increasing demand for cellulose acetate butyrate in printing ink applications.”
According to the report, one driver in the market is excellent properties of cellulose acetate butyrate. Cellulose acetate butyrate is a cellulose ester with a very low molecular weight and relatively higher butyryl content. It exhibits chemical properties, such as lower viscosity, and is compatible with cross-linking resins. In addition, it exhibits properties, such as intercoat adhesion, reduces surface mottling, prevents direct attack from chemical substances, and prevents moisture content from the upper layer. It also provides good resistance to UV and reduces cratering.
Further, the report states that one challenge in the market is decline in the consumption of cigarettes. Cellulose acetate butyrate was used extensively in the production of cigarettes and cigarette tows. The rapid decline in the consumption of cigarettes due to health awareness, stringent government regulations, the imposition of ban on the consumption of cigarette in countries, such as China, Russia, Europe, and ROW, and the increased cigarette sales taxes are predominant factors that are contributing to the decline in the production and consumption of cigarette, globally.
Eastman Chemical, Hangzhou Dayangchem, HAIHANG INDUSTRY, Rotuba, Merck, elkamet, Emco Industrial Plastics, Hefei TNJ Chemical Industry, NAGASE, P J CHEMICALS, and Sichuan Nitrocell.
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