Latest News: Cellulose Esters Market by Type (Cellulose Acetate, Cellulose Acetate Butyrate, Cellulose Acetate Propionate, Cellulose Nitrate)

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The Cellulose Esters Market is projected to grow from 9.27 Billion in 2018 to USD 12.43 Billion by 2023,at a CAGR of 6.0% from 2018 to 2023.This report spread across 111 pages, profiling 10 companies and supported with 82 tables and 27 figures are now available in this research.

Top Companies Profiled in the Cellulose Esters Market:

  • DowDuPont Inc. (US)
  • Toray Industries Inc. (US)
  • Hydranautics (US)
  • LG Water Solutions (South Korea)
  • SUEZ Water Technologies and Solutions (France)
  • Merck Group (Germany)
  • Pentair plc (US)
  • Koch Membrane Systems (US)
  • Pall Corporation (US)
  • Lanxess (Germany)

 

“Among types, the cellulose acetate segment is projected to lead the cellulose esters market from 2018 to 2023in terms of both, value and volume.”

The cellulose acetate type segment is projected to lead the cellulose esters market during the forecast period in terms of both, value and volume. The growth of this segment of the market can be attributed to the wide applicability of cellulose acetate esters in various applications such as cigarette filters, coatings, plasticizers, and films & tapes as these esters offer excellent mechanical and physical properties.

 

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“Among applications, the coatings segment is projected to lead the cellulose esters market from 2018 to 2023, in terms of value.”

The coatings application segment is projected to lead the cellulose esters market during the forecast period, in terms of value. The growth of this segment of the market can be attributed to the increased use of cellulose esters in coatings required by the automotive and oil & gas industries.

 

“In terms of value, the Asia Pacific region is projected to lead the cellulose esters market from 2018 to 2023.”

The Asia Pacific region is projected to lead the cellulose esters market during the forecast period, in terms of value. The growth of the Asia Pacific cellulose esters market can be attributed to the increased demand for cellulose esters from China, India, and the Southeast Asian countries.

 

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