Outlook on the Cellulose Nitrate Global Market to 2027 – Automotive Paints Segment to Record 7.2% CAGR – ResearchAndMarkets.com

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:

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

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