register free | resend password


Cellulose Acetate Market Growth Opportunities, Key Trends Research Report

The factors that are playing a major role in the growth of market are increasing technological enhancement and infrastructural developments and growing investment by manufacturers for developing effective cigarette filters of cellulose acetate.

ID: 1551590
recent pressrelease next pressrelease

(businesspress24) - Global Cellulose Acetate Market is expected to grow at a CAGR of 5.78% in the upcoming period as the scope and its applications are rising enormously across the globe. Cellulose acetate is a synthetic compound obtained from the acetylation of the plant substance cellulose. It is spun into textile fibers termed as triacetate, acetate rayon, or acetate. It may be molded into solid plastic parts like food wrapping, handles, or cast into a film for photography.

The factors that are playing a major role in the growth of market are increasing technological enhancement and infrastructural developments and growing investment by manufacturers for developing effective cigarette filters of cellulose acetate. However, governments

Plastic and fiber are the types that could be explored in cellulose acetate in the forecast period. The fiber type sector accounted for the substantial market share of cellulose acetate and is estimated to lead the overall market in the years to come. The reason could be the high demand from end-users like textiles & apparels and cigarette manufacturing and its easy availability.

The market could be categorized based on application like tapes & labels, cigarette filters, photographic films, textiles & apparel, and others could be explored in the forecast period. Textile and apparel sector is estimated to grow at the fastest pace in the years to come. The reason could be a rising demand for specialty cellulose acetate and technological enhancement in the textile industry.

Globally, Asia Pacific accounted for the substantial market share of cellulose acetate and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be increasing the use of cellulose acetate in tapes & labels, cigarette filters, photographic films, and textiles & apparel.

Also, the availability of cheap labor in developing countries, high economic growth, and developing manufacturing industries are another factors boosting overall market growth in the years to come. The developing countries like India and China are the major consumers of cellulose acetate in this region.



North America and Europe are also estimated to have a positive influence on future growth. North America is the second largest region with significant market share. However, Europe is estimated to grow at the highest CAGR in the forecast period. The key players of the cellulose acetate market are Eastman Chemical Company, Celanese, Daicel, Mitsubishi Chemicals, and China Tobacco Corporation. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.



More information:
http://bit.ly/2LeRHyb http://bit.ly/2L0FVHp http://bit.ly/2KUpzQo http://bit.ly/2L4Bviz http://bit.ly/2KZCAsg



Keywords (optional):

cellulose-acetate-market, chemicals, cellulose-acetate, cellulose-acetate-industry, chemicals-market, chemicals-industry,



Company information / Profile:

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive marketplace that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

PressRelease by

Requests:

"Million Insights

Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States

Phone: +1-408-610-2300

Toll Free: +1-866-831-4085

Email: sales(at)millioninsights.com"



PressContact / Agency:



published by: unnati_gade
print pressrelease  send to a friend  

Date: 08/22/2019 - 11:20
Language: English
News-ID 1551590
Character count: 4659
Kontakt-Informationen:
Firma: Million Insights
Ansprechpartner: Tom Clark Feedback to businesspress24.com about Pressrelease-id:
Stadt: Felton
Telefon: 14086102300

Meldungsart: Financial
Versandart: send
Freigabedatum: 22.08.2019
Comments:



Number of hits: 289

Linking-Tips:



Direct Link to this PressRelease:






We would appreciate a link in your News-, Press- or Partner-Site.

Comments on this PressRelease






All members: 9 438
Register today: 0
Register yesterday: 0
Members online: 0
Guests online: 62


Don't have an account yet? You can create one. As registered user you have some advantages like theme manager, comments configuration and post comments with your name.