아세트산 셀룰로오스 시장 예측(-2030년) : 제품 유형별, 용도별, 지역별 세계 분석

According to Stratistics MRC, the Global Cellulose Acetate Market is accounted for $6.07 billion in 2024 and is expected to reach $8.96 billion by 2030 growing at a CAGR of 6.70% during the forecast period.. Cellulose acetate is created by acetylating cellulose, a naturally occurring polymer found in plants, with acetic acid, due to its many different applications, cellulose acetate is a material that is both widely used and versatile. Through this process, cellulose's renewable nature and biodegradability are combined with improved qualities like strength, flexibility, and moisture resistance to create a material. Moreover, numerous industries, including textiles, use cellulose acetate extensively in the production of fibers used in apparel and home furnishings. It is also used as a base material for consumer products like eyeglass frames and films, as well as packaging materials.

According to the American Chemical Society, Chemistry plays a central role in addressing some of the world's most pressing challenges, including sustainable energy, clean water, and human health.

Market Dynamics:

Driver:

Rising adoption in textile applications

Due to their remarkable qualities-such as high durability, softness, and wrinkle resistance-cellulose acetate fibers have become more and more popular in textile applications. Among other things, these fibers are being used more and more in the manufacturing of industrial textiles, home furnishings, and clothing. Additionally, since cellulose acetate fibers provide a sustainable substitute for synthetic fibers like polyester and nylon, the textile industry's growing preference for eco-friendly and biodegradable materials has increased demand for them.

Restraint:

Competition from man-made fibers

Synthetic fibers like polyester and nylon pose a serious threat to cellulose acetate fibers, despite the latter are biodegradability and softness. In some textile applications, synthetic fibers are the preferred option due to their superior qualities, such as resilience, high tensile strength, and moisture resistance. Furthermore, the growth of the cellulose acetate fiber market may be impeded by the lower production costs of synthetic fibers, particularly in markets where consumers are price conscious.

Opportunity:

Growing interest in eco-friendly packaging

The need for environmentally friendly packaging solutions has increased as sustainability and environmental conservation gain more attention. With its renewable source and biodegradable characteristics, cellulose acetate is a strong contender for environmentally friendly packaging materials. Moreover, producers can take advantage of this chance by creating cutting-edge cellulose acetate-based packaging for a range of markets, such as pharmaceuticals, cosmetics, and food and beverage.

Threat:

Technological progress in alternative substances

Quick developments in manufacturing and material science could result in the creation of substitute materials that are more functional or perform better than cellulose acetate. For instance, the market share of cellulose acetate in a variety of applications may be threatened by the development of novel synthetic polymers with improved properties or the introduction of bioplastics made from renewable resources. Additionally, to remain competitive in the face of shifting market trends, manufacturers need to invest in research and development and stay up-to-date on technological advancements.

Covid-19 Impact:

The COVID-19 pandemic has had a major effect on the market for cellulose acetate, causing supply chain disruptions and lowering demand in a number of end-use industries. Reduced consumer spending as a result of travel restrictions, lockdowns, and economic uncertainty had an impact on the market for cellulose acetate products in industries like packaging, consumer goods, and textiles. Moreover, production schedules were thrown off, raw material availability was hampered, and supply chain disruptions were made worse by temporary closures of manufacturing facilities and logistical difficulties. Furthermore, demand for some applications, like cigarette filters, was comparatively steady, but as companies struggled with operational issues and unstable market conditions, the market as a whole shrank.

The Cellulose Acetate Tow segment is expected to be the largest during the forecast period

In the cellulose acetate market, cellulose acetate tow usually has the largest share. The term cellulose acetate tow describes long, continuous cellulose acetate filaments that are mostly used in the manufacture of cigarette filters. There is still a strong market for cellulose acetate because the tobacco industry is one of the biggest users of cellulose acetate worldwide. Though not as much as with cigarette filters, cellulose acetate tow is also used in textile production, such as in the creation of yarns and fabrics. Because of its adaptability, biodegradability, and advantageous filtration qualities, it is well-known in the industry. However, shifting consumer preferences toward healthier lifestyles and stepping up regulatory actions aimed at tobacco use may also have an impact on the segment's growth.

The Plastics segment is expected to have the highest CAGR during the forecast period

In the cellulose acetate market, the plastics segment often has the highest CAGR. Plastics made of cellulose acetate are adaptable materials that find use in a wide range of products, including consumer goods, fashion accessories, automotive parts, and eyeglass frames. Additionally, the growing consumer consciousness of environmental conservation, the growing demand for eco-friendly and sustainable materials, and legislative measures encouraging the use of biodegradable plastic substitutes instead of traditional ones are the main drivers of the segment's growth.

Region with largest share:

The market for cellulose acetate is normally dominated by the Asia-Pacific area. The region's expanding population and economic growth, the existence of large cellulose acetate producers, and the sizeable demand from end-use industries like consumer goods, textiles, and packaging are the main causes of this dominance. The Asia-Pacific region's cellulose acetate market is significantly influenced by nations like China, India, Japan, and South Korea, whose booming manufacturing, textile, and tobacco industries fuel consumer demand for cellulose acetate products. Furthermore, rising expenditures on urbanization, infrastructure development, and consumer spending support the region's market expansion.

Region with highest CAGR:

In the cellulose acetate market, the Middle East and Africa region usually shows the highest CAGR. Growing industrialization, raising levels of disposable income, and the expansion of end-use industries like consumer goods, packaging, and textiles are all blamed for this growth. The demand for cellulose acetate products in the region is also driven by growing environmental sustainability awareness and regulatory initiatives that support the use of biodegradable materials. Moreover, the market is further stimulated by investments in infrastructure development and urbanization, and the adoption of cellulose acetate in various applications is encouraged by favorable government policies and incentives.

Key players in the market

Some of the key players in Cellulose Acetate market include Celanese Corporation, Eastman Chemical Company, Mitsubishi Chemical Holdings, BASF SE, Accords Cellulosic Fibers Inc., Daicel Corporation, China National Tobacco Corporation, Solvay, Rotuba Extruders, Inc, Borregaard ASA, Sappi Ltd, Sichuan Push Acetate Co. Ltd., Arkema SA, Rayonier Advanced Materials, Inc and Cerdia International GmbH.

Key Developments:

In April 2024, BASF signed a 25-year power purchase agreement (PPA) with China Energy Engineering Group Guangdong Electric Power Design Institute Co., Ltd. (GEDI) to purchase renewable electricity for its Zhanjiang Verbund site. The PPA is a further step in the renewable energy partnership between BASF and GEDI following the Letter of Intent (LOI).

In February 2024, Eastman has signed a long-term agreement with Nord Pal Plast, part of Dentis Group, to secure plastic waste feedstock for its planned molecular recycling facility in Port-Jerome-sur-Seine, Normandy, France. Italy-based Dentis Group focuses on the recovery and mechanical recycling of polyethylene terephthalate (PET) packaging waste. Under the agreement, Dentis will provide 30,000 metric tonnes of rejected PET post-consumer waste to Eastman annually.

In June 2023, US chemical group Celanese Corporation and Japanese chemical giant Mitsui & Co have signed a definitive agreement to form a food ingredients joint venture under the name Nutrinova. Building on an existing strategic cooperation agreement, Nutrinova will combine the technology, product portfolio and backward integration of the Celanese Food Ingredients business with Mitsui's long-standing positions across the food value chain in Asia and other regions.

Products Covered:

• Cellulose Acetate Filament
• Cellulose Acetate Flakes
• Cellulose Acetate Tow
• Cellulose Diacetate
• Cellulose Ester Plastics
• Cellulose Triacetate
• Other Products

Types Covered:

• Fiber
• Plastics
• Other Types

Applications Covered:

• Cigarette Filters
• Textiles and Apparel
• Photographic Films
• Tapes and Labels
• Molded Plastics
• Coating
• Consumer Goods
• Extrusion and Molding
• Filtration
• Inks and Reprographic Formulations
• Spectacle Frames
• Liquid Crystal Display (LCD)
• Packaging
• Yarn
• Water Treatment
• Surface Coatings
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Cellulose Acetate Market, By Product

• 5.1 Introduction
• 5.2 Cellulose Acetate Filament
• 5.3 Cellulose Acetate Flakes
• 5.4 Cellulose Acetate Tow
• 5.5 Cellulose Diacetate
• 5.6 Cellulose Ester Plastics
• 5.7 Cellulose Triacetate
• 5.8 Other Products

6 Global Cellulose Acetate Market, By Type

• 6.1 Introduction
• 6.2 Fiber
• 6.3 Plastics
• 6.4 Other Types

7 Global Cellulose Acetate Market, By Application

• 7.1 Introduction
• 7.2 Cigarette Filters
• 7.3 Textiles and Apparel
• 7.4 Photographic Films
• 7.5 Tapes and Labels
• 7.6 Molded Plastics
• 7.7 Coating
• 7.8 Consumer Goods
• 7.9 Extrusion and Molding
• 7.10 Filtration
• 7.11 Inks and Reprographic Formulations
• 7.12 Spectacle Frames
• 7.13 Liquid Crystal Display (LCD)
• 7.14 Packaging
• 7.15 Yarn
• 7.16 Water Treatment
• 7.17 Surface Coatings
• 7.18 Other Applications

8 Global Cellulose Acetate Market, By Geography

• 8.1 Introduction
• 8.2 North America
  • 8.2.1 US
  • 8.2.2 Canada
  • 8.2.3 Mexico
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 Italy
  • 8.3.4 France
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 Japan
  • 8.4.2 China
  • 8.4.3 India
  • 8.4.4 Australia
  • 8.4.5 New Zealand
  • 8.4.6 South Korea
  • 8.4.7 Rest of Asia Pacific
• 8.5 South America
  • 8.5.1 Argentina
  • 8.5.2 Brazil
  • 8.5.3 Chile
  • 8.5.4 Rest of South America
• 8.6 Middle East & Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 UAE
  • 8.6.3 Qatar
  • 8.6.4 South Africa
  • 8.6.5 Rest of Middle East & Africa

9 Key Developments

• 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 9.2 Acquisitions & Mergers
• 9.3 New Product Launch
• 9.4 Expansions
• 9.5 Other Key Strategies

10 Company Profiling

• 10.1 Celanese Corporation
• 10.2 Eastman Chemical Company
• 10.3 Mitsubishi Chemical Holdings
• 10.4 BASF SE
• 10.5 Accords Cellulosic Fibers Inc.
• 10.6 Daicel Corporation
• 10.7 China National Tobacco Corporation
• 10.8 Solvay
• 10.9 Rotuba Extruders, Inc
• 10.10 Borregaard ASA
• 10.11 Sappi Ltd
• 10.12 Sichuan Push Acetate Co. Ltd.
• 10.13 Arkema SA
• 10.14 Rayonier Advanced Materials, Inc
• 10.15 Cerdia International GmbH