DUBLIN--(BUSINESS WIRE)--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:
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
For more information about this report visit https://www.researchandmarkets.com/r/gb27wd
Laura Wood, Senior Press Manager
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