The "Cellulose Nitrate: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Cellulose Nitrate estimated at US$757.3 Million in the year 2020, is projected to reach a revised size of US$1.3 Billion by 2027, growing at a CAGR of 7.5% over the analysis period 2020-2027.
Printing Inks, one of the segments analyzed in the report, is projected to record a 7.9% CAGR and reach US$391.8 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Wood Coatings segment is readjusted to a revised 7.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $206.3 Million, While China is Forecast to Grow at 10.7% CAGR
The Cellulose Nitrate market in the U.S. is estimated at US$206.3 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$259 Million by the year 2027 trailing a CAGR of 10.7% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.8% and 6.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$167.6 Million by the year 2027.
Automotive Paints Segment to Record 7.2% CAGR
In the global Automotive Paints segment, USA, Canada, Japan, China and Europe will drive the 7.2% CAGR estimated for this segment.
These regional markets accounting for a combined market size of US$114 Million in the year 2020 will reach a projected size of US$179.4 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 8.4% CAGR through the analysis period.
Select Competitors (Total 43 Featured) -
- Abu Zaabal Co. for Specialty Chemicals
- Atomax Chemicals Co., Ltd.
- Bergerac N.C.
- Dow Wolff Cellulosics GmbH
- Gifrer Barbezat
- Hengshui Orient Chemical Co., Ltd.
- Hubei Xuefei Chemical
- Ing. Petr Svec- Penta
- Kngmed Medical
- Nantong Tailida Chemical Co., Ltd.
- Nitro Chemical Industry Co., Ltd.
- Nitro Quimica
- Productos Quimicos Monterrey S.A.
- Reagents, Inc
- Tembec, Inc.
What's New for 2022?
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Cellulose Nitrate Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/gb27wd
View source version on businesswire.com: https://www.businesswire.com/news/home/20221108005873/en/
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