Cellulose Acetate Market 2018-2022 – Focus on Cigarette Filters, Textiles & Apparel, Photographic Films, Tapes & Labels – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The "Cellulose
Acetate Market by Type (Fiber, and Plastic) Application (Cigarette
Filters, Textiles & Apparel, Photographic Films, Tapes & Labels), Region
(North America, Europe, APAC, Middle East & Africa, South America) –
Global Forecast to 2022" report has been added to ResearchAndMarkets.com's
offering.
The cellulose acetate market is projected to grow from USD 3.81 billion
in 2017 to USD 4.87 billion by 2022, at a CAGR of 5.07% between 2017 and
2022.
The growing demand for cellulose acetate in various applications, such
as woodworking, cigarette filters, textiles & apparel, photographic
films, and tapes & labels is expected to fuel the growth of the
cellulose acetate market, while stringent regulations by regulatory
bodies regarding wood pulp procurement are expected to restrain the
manufacturing of cellulose acetate globally.
Cellulose acetate gives fabrics a silk-like appearance; it can be
blended easily with fibers from other materials. Its texture is soft and
cool, and it is absorptive and breathable in nature. Cellulose acetate
is frequently used for linings in suits or coats as well as for informal
wear. Other examples of the use of cellulose acetate in fabrics are home
furnishings, such as window treatments and upholstery.
APAC is the largest manufacturing hub for textiles and fabrics, in terms
of production and sales. Thailand, Vietnam, Indonesia, India, and China
are the largest manufacturing and assembly hubs, thereby attracting
cellulose acetate manufacturers to APAC for establishing R&D and
manufacturing plants. There is a growing demand for cellulose acetate in
APAC due to the presence of a large number of textile manufacturers in
the region.
The Asia Pacific region is the largest market for cellulose acetate and
is expected to witness the highest growth during the forecast period.
High economic growth, growth in manufacturing industries, availability
of cheap labor, growing cigarette smoking population, and global shift
of production facilities from developed markets to emerging markets are
some of the key factors driving the cellulose acetate market in Asia
Pacific.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Macroeconomic Indicators
7 Cellulose Acetate Market, By Type
8 Cellulose Acetate Market, By Application
9 Cellulose Acetate Market, By Region
10 Competitive Landscape
11 Company Profiles
- Acordis Cellulostic Fibers
- Celanese Corporation
- China National Tobacco Corporation
- Daicel Corporation
- Eastman Chemical Company
- Mitsubishi Chemical Holdings Corporation
- Rayonier Advanced Materials
- Sappi
- Sichuan Push Acetati Co., Ltd.
- Solvay
For more information about this report visit https://www.researchandmarkets.com/research/855xdg/cellulose_acetate?w=4
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Related
Topics: Plastics,
Bioplastics