Cellulose Market Is Estimated to Reach $965.50 Million by 2023

Cellulose Market Is Estimated to Reach $965.50 Million by 2023

“Cellulose Market”
The cellulose market is forecast to reach $965 million by 2023 and is estimated to grow at a CAGR of 5.1%.

According to the report published by IndustryARC titled “Cellulose Market: by Type (Natural and Synthetic); by End Use Industry (Apparel, Automotive, Construction and others) – Forecast (2018 – 2023),” the market to reach $965.50 million by 2023. The increasing application of cellulose in industries such as apparel, automotive, construction, aerospace, and fireproofing is the major reason for the growth of cellulose market. 

Browse 87 Market Tables, and 35 Figures spread through 188 Pages and go through an in-depth TOC on “Cellulose Market

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According to a recent study from IndustryARC, the cellulose market is forecast to reach $965 million by 2023 and is estimated to grow at a CAGR of 5.1%. The increasing growth in the application of cellulose in areas such as apparel, automotive, construction, aerospace and defense, paper and pulp, and electrical are driving the consumption of cellulose in the global market.

The Cellulose market is ready to exhibit robust development with the introduction of various applications in apparel, paper, and pulp industry. Cellulose as naturally and synthetically derived fiber is used in the production of high strength apparels. Further, Cellulose is used as a raw material in the production of papers and fibers and it is chemically modified to yield substances such as purified cellulose are used in the manufacturing of plastics and photographic films. Other cellulose derivatives such as cellophane, rayon, cellulose acetate and cellulose ethers are used as thickening agents in food, explosives, adhesives and moisture-proof coatings. Cellulose and its derivatives market are growing due to extensive utility in sectors such as aerospace & defense, automotive, paper and pulp, textile, electrical/insulation and fireproofing.

The Asia Pacific was the largest market for cellulose globally, with a revenue of $452.20 million in 2017. China is the largest market revenue holder in APAC. In North and South America, the demand for cellulose has grown tremendously in the automotive and construction sector. Europe is the third in the list with the Middle East and Africa holding the smallest share measuring less than a tenth of the total revenue.

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Competitive Landscape

  • Honeywell International
  • DowDuPont
  • INVISTA B.V.
  • Weyerhaeuser Company
  • Eastman Chemical Company 

Cellulose manufacturers have utilized mergers and acquisitions as well as product launches as a strategy and enhanced core competencies through additions to product portfolio to gain a foothold in the emerging markets. The end-user industries covered in the Cellulose Market report include:

  • Apparel
  • Aerospace and Defense
  • Automotive
  • Paper & Pulp
  • Construction
  • Electrical/Insulation
  • Fireproofing
  • Others 

The overall market is also presented from the perspective of different geographic regions and the key countries for this industry.  The competitive landscape for each of the product types is highlighted and market players are profiled.

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What can you expect from the report?

The Cellulose Market is Prepared with the Main Agenda to Cover the following 20 points:

1. Cellulose Market Size by Product Categories & Application        

2. Cellulose Market trends & Relevant Market Data

3. Manufacturer Landscape                                                          

4. Distributor Landscape                                                               

5. Pricing Analysis                                                                         

6. Top 10 End-user Analysis                                                      

7. Product Benchmarking                                                              

8. Product Developments                                                              

9. Mergers & Acquisition Analysis                                            

10. Patent Analysis

11. Cellulose Market Demand Analysis (Revenue & Volume)

12. Country-level Analysis

13. Competitor Analysis

14. Cellulose Market Shares Analysis

15. Value Chain Analysis

16. Supply Chain Analysis

17. Cellulose Market Strategic Analysis

18. Cellulose Market Current & Future Market Landscape Analysis

19. Opportunity Analysis

20. Cellulose Market Revenue and Volume Analysis

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About IndustryARC:

IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

We look forward to supporting the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

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