Industry Experts, Inc unveiled the new global market research report on Specialty Cellulose. As per this new report entitled “Specialty Cellulose – A Global Market Overview“, Cellulose Ethers grade would emerge the largest market for Specialty Cellulose globally, occupying a volume share of 34.5% estimated in 2024 while the segment is also anticipated to grow faster to keep the largest chunk of the pie intact through 2030.
Demand growth for Specialty Cellulose is expected to accelerate at a moderate pace, driven by the increasing popularity of bio-based materials across various end-use markets. This growth will be led by cellulose ethers and microcrystalline cellulose (MCC), supported by positive long-term trends in the pharmaceutical, food, and construction industries, particularly in emerging countries such as China and India. Conversely, demand for cellulose acetate is projected to remain flat during the forecast period. This is due to a decline in consumption linked to decreasing acetate tow production for the cigarette industry, although this will be somewhat offset by moderate growth in cellulose acetate used in plastics and LCD screens.
The specialty cellulose industry is highly concentrated and dominated by a small number of large suppliers, owing to the high technological and expertise demands, the extended qualification periods required by customers, and the limited size of the market niches. RYAM, Bracell, GP Cellulose, and Borregaard account for about 65% of the global specialty cellulose sales. Global Specialty Cellulose demand is projected to reach close to 2 million metric tons by 2030 growing at a CAGR of 2.5% between 2024 and 2030.
The market for Specialty Cellulose grades analyzed in this report includes Cellulose Acetate, Cellulose Ether, Microcrystalline Cellulose (MCC), Nitrocellulose, Casings & Sponges and Other Grades. The report also studies the market for raw material sources of Specialty Cellulose comprising Dissolving Wood Pulp (DWP) and Cotton Linter Pulp (CLP) at a global level.
The report reviews, analyzes and projects the Specialty Cellulose market for global and the regional markets including North America, Europe, Asia-Pacific, South America and Rest of World for the period 2021-2030 in terms of volumes in metric tons and value in US$. The global market for Specialty Cellulose has been, for the purpose of this report, categorized into five major regions, namely North America, Europe, Asia-Pacific, South America and Rest of World. These regional markets further analyzed for 21 independent countries across North America – The United States and Mexico; Europe – Belgium, Czech Republic, Finland, France, Germany, Italy, Sweden, Switzerland and The Netherlands; Asia-Pacific – China, India, Japan, South Korea, Taiwan and Thailand; South America – Brazil and Columbia; and Rest of World – Turkey and Russia.
This 208 page study includes 164 charts (including a data table), supported with a meaningful and easy to understand graphical presentation of the market. The statistical tables represent the data for the global market by geographic region and cellulose grade. This report profiles 33 key global and regional players and also provides listing of the companies engaged in the manufacturing, production and supply of Specialty Cellulose and Cellulose Derivatives. The global list of companies covers addresses, contact numbers and the website addresses of 39 companies.
California, USA based Industry Experts, Inc. is a multi-industry focused market research provider.
For more details, please visit: https://industry-experts.com/verticals/chemicals-and-materials/global-specialty-cellulose-market
Media Contact
Company Name: Industry Experts, Inc.
Contact Person: Sharat Kumar
Email: Send Email
Phone: 3204973787
Address:451 W Bonita Ave Suite #10
City: San Dimas
State: California
Country: United States
Website: https://industry-experts.com/
Press Release Distributed by ABNewswire.com
To view the original version on ABNewswire visit: Driven by Cellulose Ethers and MCC, Global Market for Specialty Cellulose to Reach 2 Million Metric Tons by 2030 – Market Research Report (2024-2030) by Industry Experts, Inc