Cellulose Acetate Market To Witness Enhanced Demand Owing To The High Consumption Of Cigarette Globally Till 2022 | Million Insights

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According to new report available with Million Insights, The factors that propel the growth of the Cellulose Acetate Market include high consumption of cigarette globally. In addition, growing demand of cellulose acetate in textiles and plastics industry is driving the market.

Global Cellulose Acetate Market is classified on the basis of product type, applications and geography. Cellulose acetate is a non-flammable thermoplastic polymer produced by acetylation of cellulose with acetic acid by using sulfuric acid. Cellulose acetate is a natural plastic, which is manufactured from purified natural cellulose. Natural cellulose of the appropriate properties is derived primarily from two sources, cotton linters and wood pulp. In the manufacturing process of cellulose acetate, natural cellulose is reacted with acetic anhydride to produce cellulose acetate.

Cellulose acetate has an extensive range of applications such as textile & apparel, photographic films, tapes & labels, cigarette filters, and so on. Cellulose acetate granules are a high performance thermoplastic with a unique combination of properties that make it the material of choice for many applications. These properties include high transparency and aesthetic appeal, high impact and mechanical strength, high dielectric constant and so on.

Full Research Report On Global Cellulose Acetate Market Analysis available at: https://www.millioninsights.com/industry-reports/cellulose-acetate-market

The factors that propel the growth of the Cellulose Acetate Market include high consumption of cigarette globally. In addition, growing demand of cellulose acetate in textiles and plastics industry is driving the market. On the other hand, there are also factors that may hamper the growth of the market such as growing health awareness about cigarette consumption in established regions.

Cellulose Acetate Market is classified on the basis of product type as cellulose acetate tow and cellulose acetate filament. Among the product type, cellulose acetate tow segment is projected to account a major share of the Cellulose Acetate Market. Cellulose acetate tow is a vital component in the manufacturing of cigarette filters, water purification media and extruded plastics. Cellulose Acetate Market is classified on the basis of application as cigarette filter, film & sheet castings, molding& extrusion, photographic film, surface coatings, textile fibers and others (Including printing ink formulations, etc.).

Among the applications, cigarette filter segment account a large share of the Cellulose Acetate Market. It is also expected to continue being the key consumer of cellulose acetate. Cellulose acetate tow is used as a fundamental component during the processing of cigarette filters owing to its advantageous properties such as high absorptivity, high heat stability, and biodegradability.

Textile & apparel was the second-largest application segment of the Cellulose Acetate Market. Cellulose Acetate Industry is classified on the basis of geography as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa.

The North American region consists of the U.S., and Canada. Latin America region consists of Mexico and Brazil. The Western European region consists of Germany, Italy, France, England and Spain. The Eastern European region consists of Poland and Russia. Asia Pacific region consists of China, India, ASEAN, Australia & New Zealand. The Middle East and Africa region consists of GCC, South Africa and North Africa.

In case of geographical region, Asia Pacific is expected to account a significant share of the Cellulose Acetate Industry. The Asia Pacific is followed by Europe and North America. The key factor that contributes to the growth of Asia Pacific is owed to high consumption of cellulose acetate. On the other hand, Latin America and the Middle East & Africa are expected to be emerging markets.

Some of the key players that fuel the growth of the Cellulose Acetate Industry include Celanese Corporation, Daicel Chemical Industries, Eastman Chemical Company, Mitsubishi Rayon Company Limited, RhodiaAcetow GmbH, SK Chemicals Co. Ltd, Borregaard, Rayonier, Sappi, Tembec, Chinese National Tobacco Corp, Imperial Tobacco Group, Rotuba Extruders, Philip Morris International, Acordis Acetate and Primester.

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Market Segment:

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Cellulose Acetate – A in these regions, from 2012 to 2022 (forecast), covering
• North America
• Europe
• China
• Japan
• Southeast Asia
• India

Global Cellulose Acetate – A market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• Celanese
• Eastman
• Daicel
• Solvay
• Sichuan Push Acetati

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Cellulose Diacetate
• Cellulose Triacetate

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Cellulose Acetate – A for each application, including
• Cigarette Filters
• Fabrics
• Film
• Molded Plastics

Related Reports of This Category Available at Million Insights:
https://www.millioninsights.com/industry/chemicals

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