Global Specialty Cellulose Market: Insights & Forecast with Potential Impact of COVID-19 (2020-2024)
The global specialty cellulose market is anticipated to reach US$2.26 billion in 2024, growing at a CAGR of 3.36% during the period spanning from 2020 to 2024. The global specialty cellulose market demand is predicted to grow at a CAGR of 3.46% during the period spanning from 2020 to 2024 and reach 1.73 million tonnes in 2024. Factors such as increasing cigarette consumption, surging global population and biodegradability of cellulose acetate boosted the market demand for specialty cellulose. The increasing global primary forest loss is expected to act as a challenge for the market while the rising application of specialty cellulose in pharmaceutical industry would help the market in restoring growth.
The global specialty cellulose market demand can be segmented as follows: acetate, ether, MCC, nitrocellulose, specialty paper, tire cord, cellophane, casings and sponges. In 2019, the dominant share of the market was held by acetate specialty cellulose, followed by ether specialty cellulose. Cellulose acetate refers to any kind of acetate ester of cellulose, usually cellulose diacetate. It is made up of wood pulp through reactions with acetic acid and acetic anhydride in the presence of sulfuric acid for forming cellulose triacetate.
The global specialty cellulose market demand by region can be segmented into the following regions: America, China, Europe and ROW. In 2019, the dominant share of the market demand was held by America supported by the growing population, increasing spending power of consumers and growing demand for textiles and apparel. This was followed by China owing to the increasing residential and commercial construction in the region.
Scope of the report: The report provides a comprehensive analysis of the global specialty cellulose market with potential impact of COVID-19.
The major regional markets America, China and Europe have been analyzed. The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth. The competitive landscape of the market, along with the company profiles of leading players (Eastman Chemical Company, Sappi, Celanese Corporation, Daicel Corporation, Rayonier and Borregaard) are also presented in detail.Key Target Audience:
- Specialty Cellulose Manufacturers
- End Users (Businesses/Consumers)
- Investment Banks
- Government Bodies & Regulating Authorities
- 1. Market Overview
- 1.1 Introduction
- Table 1: Categories of Pulp
- 1.2 Dissolving Pulp
- Table 2: Types of Dissolving Pulp
- 1.3 Cellulose
- 1.4 Structure & Properties of Cellulose
- 1.5 Processing of Cellulose
- Table 3: Processing of Cellulose
- 1.6 Commercial Applications of Specialty Cellulose
- Table 4: Commercial Applications of Specialty Cellulose
- 2. Impact of COVID-19
- 2.1 Impact on Global Economy
- 2.2 Affect on Global Industrial Production
- Table 5: Affect on Global Industrial Production (Dec’2019-Aug’2020)
- 2.3 Demand for Paper Products Amid COVID-19 Pandemic
- 3. Market Analysis
- 3.1 Global Specialty Cellulose Market by Value
- Table 6: Global Specialty Cellulose Market by Value (2015-2019)
- 3.2 Global Specialty Cellulose Market Forecast by Value
- Table 7: Global Specialty Cellulose Market Forecast by Value (2020-2024)
- 3.3 Global Specialty Cellulose Market Demand
- Table 8: Global Specialty Cellulose Market Demand (2015-2019)
- 3.4 Global Specialty Cellulose Market Demand Forecast
- Table 9: Global Specialty Cellulose Market Demand Forecast (2020-2024)
- 3.5 Global Specialty Cellulose Market Demand by Segment
- Table 10: Global Specialty Cellulose Market Demand by Segment (2019)
- 3.5.1 Global Acetate Specialty Cellulose Market Demand
- Table 11: Global Acetate Specialty Cellulose Market Demand (2015-2019)
- 3.5.2 Global Acetate Specialty Cellulose Market Demand Forecast
- Table 12: Global Acetate Specialty Cellulose Market Demand Forecast (2020-2024)
- 3.5.3 Global Acetate Specialty Cellulose Market Demand by End Use
- Table 13: Global Acetate Specialty Cellulose Market Demand by End Use (2019)
- 3.5.4 Global Acetate Specialty Cellulose Market Demand Forecast by End Use
- Table 14: Global Acetate Specialty Cellulose Market Demand Forecast by End Use (2019-2024)
- 3.5.5 Global Ether Specialty Cellulose Market Demand
- Table 15: Global Ether Specialty Cellulose Market Demand (2015-2019)
- 3.5.6 Global Ether Specialty Cellulose Market Demand Forecast
- Table 16: Global Ether Specialty Cellulose Market Demand Forecast (2020-2024)
- 3.5.7 Global Ether Specialty Cellulose Market Demand by End Use
- Table 17: Global Ether Specialty Cellulose Market Demand by End Use (2019)
- 3.5.8 Global Ether Specialty Cellulose Market Demand Forecast by End Use
- Table 18: Global Ether Specialty Cellulose Market Demand Forecast by End Use (2019-2024)
- 3.5.9 Global Microcrystalline Cellulose (MCC) Market Demand
- Table 19: Global Microcrystalline Cellulose (MCC) Market Demand (2015-2019)
- 3.5.10 Global Microcrystalline Cellulose (MCC) Market Demand Forecast
- Table 20: Global Microcrystalline Cellulose (MCC) Market Demand Forecast (2020-2024)
- 3.5.11 Global Nitrocellulose Market Demand
- Table 21: Global Nitrocellulose Market Demand (2015-2019)
- 3.5.12 Global Nitrocellulose Market Demand Forecast
- Table 22: Global Nitrocellulose Market Demand Forecast (2020-2024)
- 3.5.13 Global Specialty Paper Market Demand
- Table 23: Global Specialty Paper Market Demand (2015-2019)
- 3.5.14 Global Specialty Paper Market Demand Forecast
- Table 24: Global Specialty Paper Market Demand Forecast (2020-2024)
- 3.5.15 Global Tire Cord Specialty Cellulose Market Demand
- Table 25: Global Tire Cord Specialty Cellulose Market Demand (2015-2019)
- 3.5.16 Global Tire Cord Specialty Cellulose Market Demand Forecast
- Table 26: Global Tire Cord Specialty Cellulose Market Demand Forecast (2020-2024)
- 3.5.17 Global Cellophane Specialty Cellulose Market Demand
- Table 27: Global Cellophane Specialty Cellulose Market Demand (2015-2019)
- 3.5.18 Global Cellophane Specialty Cellulose Market Demand Forecast
- Table 28: Global Cellophane Specialty Cellulose Market Demand Forecast (2020-2024)
- 3.5.19 Global Casings Specialty Cellulose Market Demand
- Table 29: Global Casings Specialty Cellulose Market Demand (2015-2019)
- 3.5.20 Global Casings Specialty Cellulose Market Demand Forecast
- Table 30: Global Casings Specialty Cellulose Market Demand Forecast (2020-2024)
- 3.5.21 Global Sponge Specialty Cellulose Market Demand
- Table 31: Global Sponge Specialty Cellulose Market Demand (2015-2019)
- 3.5.22 Global Sponge Specialty Cellulose Market Demand Forecast
- Table 32: Global Sponge Specialty Cellulose Market Demand Forecast (2020-2024)
- 3.6 Global Specialty Cellulose Market Demand by Region
- Table 33: Global Specialty Cellulose Market Demand by Region (2019)
- 4. Regional Market
- 4.1 America Specialty Cellulose Market Demand Forecast
- Table 34: America Specialty Cellulose Market Demand Forecast (2019-2024)
- 4.2 China Specialty Cellulose Market Demand Forecast
- Table 35: China Specialty Cellulose Market Demand Forecast (2019-2024)
- 4.3 Europe Specialty Cellulose Market Demand Forecast
- Table 36: Europe Specialty Cellulose Market Demand Forecast (2019-2024)
- 4.4 ROW Specialty Cellulose Market Demand Forecast
- Table 37: ROW Specialty Cellulose Market Demand Forecast (2019-2024)
- 5. Market Dynamics
- 5.1 Growth Drivers
- 5.1.1 Escalating Cigarette Consumption
- Table 38: Global Cigarette Consumption (1990-2020)
- 5.1.2 Fluctuating Cotton Production
- Table 39: Global Cotton Production (2015-2019)
- 5.1.3 Upsurge in Population
- Table 40: Global Population (2015-2020)
- 5.1.4 Biodegradability of Cellulose Acetate
- 5.2 Key Trends & Developments
- 5.2.1 Rising Application in Pharmaceutical Industry
- 5.3 Challenges
- 5.3.1 Increasing Primary Forest Loss
- Table 41: Global Primary Forest Loss (2015-2019)
- 6. Competitive Landscape
- 6.1 Global Market
- 6.1.1 Revenue Comparison- Key Players
- Table 42: Key Players - Revenue Comparison (2019/2020)
- 6.1.2 Market Capitalization Comparison- Key Players
- Table 43: Key Players – Market Capitalization Comparison (2020)
- 6.1.3 Research & Development Expenditure Comparison - Key Players
- Table 44: Key Players – R&D Expenditure Comparison (2019/2020)
- 6.1.4 Global Specialty Cellulose Sales Volume Share - Key Players
- Table 45: Key Players – Global Specialty Cellulose Sales Volume Share (2019)
- 7. Company Profiles
- 7.1 Borregaard
- 7.1.1 Business Overview
- 7.1.2 Financial Overview
- Table 46: Borregaard Operating Revenue and Profit (2015-2019)
- Table 47: Borregaard Operating Revenue by Segment (2019)
- Table 48: Borregarrd Operating Revenue by Region (2019)
- 7.1.3 Business Strategies
- 7.2 Celanese Corporation
- 7.2.1 Business Overview
- 7.2.2 Financial Overview
- Table 49: Celanese Corporation Net Sales and Net Earnings (2015-2019)
- Table 50: Celanese Corporation Net Sales by Segment (2019)
- Table 51: Celanese Corporation Net Sales by Region (2019)
- 7.2.3 Business Strategies
- 7.3 Daicel Corporation
- 7.3.1 Business Overview
- 7.3.2 Financial Overview
- Table 52: Daicel Corporation Net Sales and Net Income (2016-2020)
- Table 53: Daicel Corporation Net Sales by Segment (2020)
- Table 54: Daicel Corporation Net Sales by Region (2020)
- 7.3.3 Business Strategies
- 7.4 Eastman Chemical Company
- 7.4.1 Business Overview
- 7.4.2 Financial Overview
- Table 55: Eastman Chemical Company Sales and Net Earnings (2015-2019)
- Table 56: Eastman Chemical Company Sales by Segment (2019)
- Table 57: Eastman Chemical Company Sales by Region (2019)
- 7.4.3 Business Strategies
- 7.5 Rayonier
- 7.5.1 Business Overview
- 7.5.2 Financial Overview
- Table 58: Rayonier Net Sales and Net Income (Loss) (2015-2019)
- Table 59: Rayonier Net Sales by Segment (2019)
- Table 60: Rayonier Net Sales by Region (2019)
- 7.5.3 Business Strategies
- 7.6 Sappi
- 7.6.1 Business Overview
- 7.6.2 Financial Overview
- Table 61: Sappi Sales Volume and Profit (Loss) (2019-2020)
- Table 62: Sappi Sales Volume by Segment (2020)
- Table 63: Sappi Sales Volume by Region (2020)
- 7.6.3 Business Strategies