Cellulose Acetate Market

Transparency Market
Research
Cellulose Acetate Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast, 2015 - 2023
Published Date
30-Sept-2015
173 Page Report
Buy Now
Request Sample
Press Release
Global Cellulose Acetate Market: Stiff Competition among
Dominant Players Deals a Blow to Profitability, finds TMR
Transparency Market Research
State Tower,
90, State Street, Suite 700.
Albany, NY 12207
United States
www.transparencymarketresearch.com
sales@transparencymarketresearch.com
Cellulose Acetate Market
REPORT DESCRIPTION
Cellulose Acetate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 2023
The global cellulose acetate market is highly consolidated, with strong competition among the few dominant
players who have strong distribution networks to ensure uptake of their branded products. In fact, the top five
players accounted for the lion’s share of the market in 2014 – over 90.0%. Their names are Celanese
Corporation, Eastman Chemical Company, Solvay Acetow GmbH, Daicel Corporation, and Mitsubishi Rayon
Co., Ltd. Celanese Corporation among them, held the maximum market share in 2014. It was followed by
Solvay Acetow GmbH.
The cutthroat competition among the leading players has resulted in reduced market profitability, which in turn
is slated to crimp the growth rate of the market in the forthcoming years. As per a report by Transparency
Market Research (TMR), the market would expand at a lackluster CAGR of 3.5% during the period from 2015
to 2023. In 2015, the global market for cellulose acetate had raked in an overall revenue of US$5.041 bn. By
2023, the revenue would be worth US$6.715 bn, predicts the TMR report.
Get Free PDF Research Brochure for more Professional and Technical Insights:
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1860
On account of the stronghold of the few key players, new entrants is also likely find it tough to gain a toehold in
the market. The high initial capital required for installing machinery and equipment is another deterrent for such
aspiring market players.
End-use Segment Cigarette Filters to Continue Dominating Market due to Rising Consumption
Depending upon the type of products, the global cellulose acetate market can be bifurcated into cellulose
acetate tow and cellulose acetate filament. Cellulose acetate tow that finds application in making cigarette
filters held a whopping 85.1% share in the market in 2014 and going forward it is anticipated to marginally
Transparency Market Research
2
Cellulose Acetate Market
increase that share. Depending upon end-use application, the global market for cellulose acetate can again be
divided into cigarette filters, photographic films, textile and apparel, extrusion and molding, and tapes and
labels. Among them, cigarette filters accounts for a staggering share of the market. It is expected to hold on to
the dominant share in the near future too on the back of increasing consumption of cigarettes, particularly in
countries of India, China, and Russia.
Geography-wise, the TMR report has divided the global market for cellulose acetate into North America, Asia
Pacific, Europe, Latin America, and the Middle East and Africa. Asia Pacific dominates the market with
maximum share, which would see further increase in the years to come. The region is also predicted to
outpace all other regions in terms of growth rate because of its exploding population, government initiatives to
aid industrialization and trade, and increasing spending power of consumers.
Expanding Textile and Apparel Industry in BRIC Nations to Fillip Market
The significant increase in cigarette consumption in emerging economies of the world has majorly contributed
to the global market for cellular acetate. The consumption would further increase in the coming years, thereby
further boosting the market. Another factor filliping growth in the market is the expansion of textile and apparel
industry in BRIC nations. “Cellulose acetate fibers and filaments are increasingly used in textile processing as
they offer various attributes to the fabric. These fibers can be easily bonded, are hydrophilic and eco-friendly,
and have been approved for usage in medical applications such as production of diapers and wipes,”
elaborates the analyst of the TMR report.
Browse Market Research Report with ToC & Free Analysis :
http://www.transparencymarketresearch.com/cellulose-acetate-market.html
Constraining the growth in the market is the unstable prices of acetic anhydride, the primary raw material used
in production of cellulose acetate. The price of acetic anhydride reached roughly around US$2,167.0 per ton at
the end of 2014, points out the analyst of the report.
Transparency Market Research
3
Cellulose Acetate Market
This review is based on the findings of a TMR report titled “Cellulose Acetate - Global Industry Analysis,
Size, Share, Growth, Trends, and Forecast, 2015-2023.”
Cellulose Acetate Market, by Product
•
Cellulose acetate tow
•
Cellulose acetate filament
Cellulose Acetate Market, by Application
•
Cigarette filters
•
Textile & apparel
•
Photographic films
•
Tapes & labels
•
Extrusion & molding
•
Others (Including printing ink formulations, etc.)
Browse Press Release : http://www.transparencymarketresearch.com/pressrelease/cellulose-acetatemarket-size.htm
TABLE OF CONTENT
Chapter 1 Preface
Report Description
Research Scope
Assumptions
Market Segmentation
Transparency Market Research
4
Cellulose Acetate Market
Research Methodology
Chapter 2 Executive Summary
Global Cellulose Acetate Market Volume and Revenue, 2014 - 2023, (Kilo Tons) (US$ Mn)
Cellulose Acetate: Market Snapshot
Chapter 3 Cellulose Acetate Market – Industry Analysis
Introduction
Value Chain Analysis
Market Drivers
Driver 1 – Rise in Cigarette Consumption in Developing Countries to Propel Growth of Cellulose Acetate Filter
Tow
Driver 2 – Growth of Textile & Apparel Industry in BRIC Nations to Fuel Demand for Cellulose Acetate
Restraints
Restraint 1 – Increasing Health Awareness Against Cigarette Consumption in Developed Regions is Likely to
Hinder Demand for Cellulose Acetate
Restraint 2 – Volatile Prices of Acetic Anhydride Expected to Hamper Cellulose Acetate Market Growth
Opportunity
Opportunity 1 – Eyewear Frames and Food Packaging Applications are Anticipated to Provide Growth
Opportunities for Cellulose Acetate
Porter’s Five Forces Analysis
Transparency Market Research
5
Cellulose Acetate Market
Bargaining Power of Suppliers
Bargaining Power of Buyers
Threat of New Entrants
Threat of Substitutes
Degree of Competition
Cellulose Acetate: Market Attractiveness Analysis
Cellulose Acetate: Company Market Share Analysis, 2014
Chapter 4 Raw Material and Price Trend Analysis
Raw Material Analysis – Manufacturing/Extraction Process
Raw Material Price Trends, 2014 – 2023 (US$/Ton)
Cellulose Acetate Price Trend, 2014 – 2023 (US$/Ton)
Chapter 5 Cellulose Acetate Market – Product Analysis
Global Cellulose Acetate Market: Product Overview
Global Cellulose Acetate Tow Market
Global Cellulose Acetate Filament Market
Chapter 6 Cellulose Acetate Market – Application Analysis
Global Cellulose Acetate Market: Application Overview
Transparency Market Research
6
Cellulose Acetate Market
Global Cellulose Acetate Market for Cigarette Filters
Global Cellulose Acetate Market for Textile & Apparel
Global Cellulose Acetate Market for Photographic Films
Global Cellulose Acetate Market for Tapes & Labels
Global Cellulose Acetate Market for Extrusion & Molding
Global Cellulose Acetate Market for Others
Chapter 7 Cellulose Acetate Market – Regional Analysis
Global Cellulose Acetate Market: Regional Overview
North America Cellulose Acetate Market – Product Analysis
North America Cellulose Acetate Market – Application Analysis
U.S. Cellulose Acetate Market – Product Analysis
U.S. Cellulose Acetate Market – Application Analysis
Rest of North America Cellulose Acetate Market – Product Analysis
Rest of North America Cellulose Acetate Market – Application Analysis
Europe Cellulose Acetate Market – Product Analysis
Europe Cellulose Acetate Market – Application Analysis
Germany Cellulose Acetate Market – Product Analysis
Germany Cellulose Acetate Market – Application Analysis
France Cellulose Acetate Market – Product Analysis
Transparency Market Research
7
Cellulose Acetate Market
France Cellulose Acetate Market – Application Analysis
U.K. Cellulose Acetate Market – Product Analysis
U.K. Cellulose Acetate Market – Application Analysis
Italy Cellulose Acetate Market – Product Analysis
Italy Cellulose Acetate Market – Application Analysis
Russia Cellulose Acetate Market – Product Analysis
Russia Cellulose Acetate Market – Application Analysis
Rest of Europe Cellulose Acetate Market – Product Analysis
Rest of Europe Cellulose Acetate Market – Application Analysis
Asia Pacific Cellulose Acetate Market – Product Analysis
Asia Pacific Cellulose Acetate Market – Application Analysis
China Cellulose Acetate Market – Product Analysis
China Cellulose Acetate Market – Application Analysis
India Cellulose Acetate Market – Product Analysis
India Cellulose Acetate Market – Application Analysis
ASEAN Cellulose Acetate Market – Product Analysis
ASEAN Cellulose Acetate Market – Application Analysis
Rest of Asia Pacific Cellulose Acetate Market – Product Analysis
Rest of Asia Pacific Cellulose Acetate Market – Application Analysis
Latin America Cellulose Acetate Market – Product Analysis
Transparency Market Research
8
Cellulose Acetate Market
Latin America Cellulose Acetate Market – Application Analysis
Brazil Cellulose Acetate Market – Product Analysis
Brazil Cellulose Acetate Market – Application Analysis
Rest of Latin America Cellulose Acetate Market – Product Analysis
Rest of Latin America Cellulose Acetate Market – Application Analysis
Middle East & Africa Cellulose Acetate Market – Product Analysis
Middle East & Africa Cellulose Acetate Market – Application Analysis
GCC Cellulose Acetate Market – Product Analysis
GCC Cellulose Acetate Market – Application Analysis
South Africa Cellulose Acetate Market – Product Analysis
South Africa Cellulose Acetate Market – Application Analysis
Rest of Middle East & Africa Cellulose Acetate Market – Product Analysis
Rest of Middle East & Africa Cellulose Acetate Market – Application Analysis
Chapter 8 Company Profiles
Celanese Corporation
Daicel Corporation
Eastman Chemical Company
Mazzucchelli 1849 S.p.A.
Mitsubishi Rayon Co., Ltd.
Transparency Market Research
9
Cellulose Acetate Market
Solvay Acetow GmbH
Rotuba Extruders Inc.
Sichuan Push Acetati Co. Ltd.
Chapter 9 Primary Research – Key Findings
Browse All Chemical Market Research Reports:
http://www.transparencymarketresearch.com/chemical-market-reports-2.html
About Us
Transparency Market Research is a market intelligence company providing global business information
reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers.
We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use
proprietary data sources and various tools and techniques to gather, and analyze information. Our
business offerings represent the latest and the most reliable information indispensable for businesses to
sustain a competitive edge.
Contact
Transparency Market Research
90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
Linkedin : https://www.linkedin.com/today/author/430748012
Browse The Market Research Blog :
Transparency Market Research
10
Cellulose Acetate Market
http://globalresearchanalysis.blogspot.in/
Transparency Market Research
11

The global cellulose acetate market is highly consolidated, with strong competition among the few dominant players who have strong distribution networks to ensure uptake of their branded products. In fact, the top five players accounted for the lion’s share of the market in 2014 – over 90.0%. Their names are Celanese Corporation, Eastman Chemical Company, Solvay Acetow GmbH, Daicel Corporation, and Mitsubishi Rayon Co., Ltd. Celanese Corporation among them, held the maximum market share in 2014. It was followed by Solvay Acetow GmbH.