#Cellulose Acetate Butyrate Market Analysis
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#Cellulose Acetate Butyrate (CAB) Market#Cellulose Acetate Butyrate (CAB) Market Trends#Cellulose Acetate Butyrate (CAB) Market Growth#Cellulose Acetate Butyrate (CAB) Market Industry#Cellulose Acetate Butyrate (CAB) Market Research#Cellulose Acetate Butyrate (CAB) Market Report
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Cellulose Acetate Butyrate Market Size, Industry Report, 2025 | Hexa Research
The global Cellulose Acetate Butyrate Market is anticipated to reach USD 997.8 million by 2025, driven by the growing consumer demand for paints & coatings, lacquers, and printing inks. Increasing construction activities and growing automobile production are expected to bolster the growth of the market further.
Paints & coatings made with cellulose acetate butyrate are used in various applications including automotive plastics, leather, plastic, wood, aviation, medical & healthcare, and architecture. The global CAB market for paints & coatings market is expected to reach USD 532 million by 2025.
Increasing infrastructure spending coupled with increasing automobile production in Asia Pacific is projected to drive the demand for paints & coatings, which in turn is expected to influence the demand for CAB positively. The market is anticipated to grow at a volume CAGR of 3.8% over the next eight years.
Printing inks are expected to be another lucrative segment for the CAB market, with the introduction and implementation of mandatory labelling regulations by various regulatory authorities including FDA. Reducing the weight of a packaging coupled with stringent regulations to print all the information regarding the packed product is expected to augment the demand for printing inks that are not affected by external environment conditions. The segment is expected to grow at a volume CAGR of 3.2% over the projected period.
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Some of the key players in the market with a global presence include Eastman, Mitsubishi Rayon and Diacel and Celanese. Other vendors in the market include Xiamen Hisunny Chemical Co., Ltd., Chemos GmbH & Co. KG, Haihang Industry Corporation, and Simagchem Corporation. With the relative growth in demand from the end-use markets such as paints and coatings, lacquers, and printing inks, the market is expected to witness an upward move over the forecast period.
Technology advancement along with expansion in capacity and development in R&D facility is expected to be a key trend in the CAB market over the coming years. Companies are focusing on developing the product with properties such as increased hardness, durability, low moisture absorption and high impact strength. Product innovation is anticipated to result in increasing the application scope of the product, thereby, propelling its growth over the next few years.
Hexa Research has segmented the global cellulose acetate butyrate (CAB) market on the basis of application and region:
Segmentation by application, 2014 – 2025 (Tons) (USD Million)
• Printing inks
• Paints & Coatings
• Lacquers
• Others
Segmentation by region, 2014 – 2025 (Tons) (USD Million)
• North America
• U.S.
• Europe
• Germany
• U.K.
• Asia Pacific
• China
• Japan
• Central and South America
• Middle East and Africa
Key players analyzed:
• Eastman Chemical
• Mistubishi Rayon
• Diacel
• Celanese
• Xiamen Hisunny Chemical Co., Ltd
• Chemos GmbH & Co.KG
• Haihang Industry Corporation
• Simagchem Corporation
• Rotuba Extruders, Inc.
• Nantong Acetate Fiber Co., Ltd.
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Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.
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#Cellulose Acetate Butyrate Market#Cellulose Acetate Butyrate Market Size#Cellulose Acetate Butyrate Market Share#Cellulose Acetate Butyrate Market Growth#Cellulose Acetate Butyrate Market Analysis
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Carboxymethyl Cellulose Market Analysis, 2021-2031
Carboxymethyl Cellulose Market: Introduction
Transparency Market Research delivers key insights on the global carboxymethyl cellulose market. In terms of revenue, the global carboxymethyl cellulose market is estimated to expand at a CAGR of 3.6% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecast in its report on the global carboxymethyl cellulose market.
The global carboxymethyl cellulose market is broadly affected by several factors, including expansion of the global food & beverage industry. Characteristics of carboxymethyl cellulose such as thickening ability, rheology modification, water retention, filtration reduction, and binding ability are expected to drive the demand for carboxymethyl cellulose in the near future.
Carboxymethyl Cellulose Market: Dynamics
Carboxymethyl cellulose is extensively employed in the manufacture of baked goods, ice creams, dairy products, gels in heart & cornea surgeries, coating of tablets, finishing of fabric, film forming agent in lotion, creams, shampoos, drilling fluid, etc. It is utilized extensively in food & beverage and pharmaceutical sectors.
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Characteristics of carboxymethyl cellulose to control crystallization and reduce crystal size help retain the effectiveness of frozen food. Carboxymethyl cellulose helps avoid the formation of sandy texture in half-frozen products such as milk shakes and fruit punches. In cosmetics and pharmaceutical sectors, high purity grade of carboxymethyl cellulose is employed as a fat-free ointment base or tablet filling matrix.
Mixed esters of carboxymethyl cellulose, such as carboxymethyl cellulose acetate butyrate, exhibit zero-order release of the active component when used as a filling matrix for drug-delivery agents.
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The increase in demand for hydrocolloids in foodstuffs, owing to the rapid expansion of convenience food & beverages sector is likely to drive the demand for carboxymethyl cellulose in the near future. Some consumers are allergic to gluten.
This makes them intolerant to conventional gluten-containing desserts such as low-fat ice creams, non-fat ice creams, frozen novelties, and frozen yogurt. Carboxymethyl cellulose acts as a thickener and stabilizer in ice creams and other frozen desserts.
This helps maintain the texture and appearance of desserts. Furthermore, carboxymethyl cellulose is available at lower cost than other thickeners and stabilizers. These factors are estimated to propel the demand for carboxymethyl cellulose in the food & beverages segment in the near future.
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Carboxymethyl Cellulose Market: Prominent Regions
Based on region, the global carboxymethyl cellulose market has been segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the global carboxymethyl cellulose market in 2020. The region is expected to maintain its dominance during the forecast period. Countries with large population and high growth in middle-class population, such as China and India, offer lucrative opportunities to the market in Asia Pacific. Sales of packaged food are rising in India, owing to an increase in disposable income of consumers.
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Asia Pacific is a prominent market for fast food, with significantly large markets in China, Japan, and India. The presence of large numbers of consumers of fast food in the region is driving the carboxymethyl cellulose market in Asia Pacific. Furthermore, rise in investments in pharmaceutical and cosmetics sectors by key manufacturers in the region is boosting these industries in Asia Pacific. The expansion of pharmaceutical and cosmetics industries is projected to offer lucrative opportunities to the carboxymethyl cellulose market in the region.
Carboxymethyl Cellulose Market: Key Players
Key players operating in the global carboxymethyl cellulose market are Nouryon Chemicals Holding B.V., DuPont de Nemours, Inc., CP Kelco, Ashland Inc., Jining Fortune Biotech Co., Ltd., Nippon Paper Industries Co., Ltd., Daicel Corporation, Dai-Ichi Kogyo Seiyaku Co., Ltd, and Quimica Amtex S.A De C.V.
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Cellulose-Based Plastics Market Share, Industry Growth, Trend, Drivers, Challenges, Key Companies by 2027
The global cellulose-based plastics market size is expected to reach USD 176.5 Million at a steady CAGR of 17.5% in 2028, according to latest analysis by Emergen Research. Global cellulose-based plastics market revenue growth is driven by rising demand for cellulose acetate in electronics and food packaging applications, and the trend is expected to continue over the forecast period.
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The report also offers extensive details about the leading companies involved in the market along with their profiles, product portfolio, production and manufacturing capacity, cost analysis, market reach, and financial standings. It also pays special attention to strategic initiatives taken by the companies to gain a robust footing in the market like mergers and acquisitions, joint ventures, product developments, technological advancements, brand promotions and product launches, and partnerships, among others.
Leading Players of the Cellulose-Based Plastics Market Profiled in the Report are:
Celanese Corporation, Solvay, Daicel Chemical Industries, Mitsubishi Rayon Company Limited, Eastman Chemical Company, SK Chemicals Co. Ltd., Rayonier Advanced Materials, Sappi, Merck Millipore, and Haihang Industry.
Emergen Research has segmented the global cellulose-based plastics market on the basis of type, application, end-use, and region:
Type Outlook (Revenue, USD Million; 2018–2028)
Cellulose Butyrate
Cellulose Acetate
Cellulose Propionate
Others
Application Outlook (Revenue, USD Million; 2018–2028)
Thermoplastic
Extruded Films
Rods
Sheets
Ophthalmic Goods
Others (Toys, Sport Goods)
End-use Outlook (Revenue, USD Million; 2018–2028)
Food Packaging
Automotive
Electronics
Building/Construction
Agriculture
Sports & Leisure
Consumer Goods
Regional Fragmentation:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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The report offers a panoramic view of the Cellulose-Based Plastics market on both global and regional levels. The study is further supported by key statistical data and industry-verified facts. The study strives to carefully gauge the present and future market growth prospects, untapped avenues, demand and consumption patterns, and the crucial factors poised to impact each market region’s revenue potential. Therefore, the report scrutinizes the numerous growth trends & prospects and the significant challenges and threats that the market players might face in the upcoming years.
Target Audience of the Global Cellulose-Based Plastics Market report:
Global Cellulose-Based Plastics market providers, traders, distributors, and suppliers
Research organizations, End-use industries, consulting organizations, and various alliances related to this business sphere.
Independent regulatory authorities, government bodies, and policymakers.
Highlights of the Table of Contents:
Report Overview 1.1 Research Scope 1.2 Key Cellulose-Based Plastics market segments 1.3 Major players 1.4 Market analysis by product type 1.5 Market analysis by application 1.6 Report timeline
Global Growth Trends 2.1 Global Cellulose-Based Plastics market size 2.2 Latest trends of the Cellulose-Based Plastics market by region 2.3 Key growth trends
Competitive Outlook 3.1 Global Cellulose-Based Plastics market key players 3.2 Global Cellulose-Based Plastics size by manufacturers 3.3 Products of major players 3.4 Entry barriers in the Cellulose-Based Plastics market 3.5 Mergers, acquisitions, joint ventures, and strategic alliances
Cellulose-Based Plastics Market by product type
4.1 Global Cellulose-Based Plastics Sales by Product
4.2 Global Cellulose-Based Plastics by Product Revenue
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Agricultural Films Market@ https://www.emergenresearch.com/industry-report/agricultural-films-market
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N-Propyl Acetate – A key Commodity for Various Chemical Industries
N-PROPYL ACETATE
N-Propyl Acetate is a chemical compound also known as Propyl Ester, 1-Propyl Acetate, Propyl Ethanoate, 1-acetoxypropane, formed by the esterification of acetic acid and n-propanol. It is a volatile, colorless, highly flammable, toxic liquid with a fruity aroma. Propyl Acetate is miscible with most of the organic solvents and is also an active solvent for nitrocellulose, cellulose acetate butyrate, polyester, alkyd, and acrylic resins, but it is only sparsely soluble in water. Owing to these properties of n-Propyl Acetate, it has wide applications as a solvent in various industries including printing, paints, coatings, automotive, pharmaceuticals, chemicals, food and beverages, cosmetics and fragrances.
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N-Propyl Acetate comes in different grades including reagent and technical grade, agricultural and pharmaceutical grade, and optical grade. The N-Propyl Acetate market is bifurcated into Purity≥99.5% and Purity≥ 99.0%. The purity≥ 99.0% segment owns the leading market share of Propyl Acetate.
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APPLICATIONS OF N-PROPYL ACETATE:
Paints & Coatings: Due to its strong ability to dissolve organic and synthetic solvents and its tendency to thin other solvents, it is used in the manufacturing of Paints and Coatings.
Wood lacquers: It has the capacity to dissolve a wide range of resins (e.g., cellulose nitrate, acrylates, alkyd resin), which also makes it extremely suitable as a solvent for wood lacquers and industrial finishes.
Pharmaceuticals: It is used as an intermediate in the production of pharmaceutical compounds. It also acts as a germicide and is therefore used in sanitizers and disinfectants along with ethanol.
Cosmetic / personal care solvent: Alkyl acetates are usually used as cosmetic ingredients, with a wide range of functions as fragrances, solvents, or skin-conditioning agents, depending on the specific ingredient.
Fragrance solvent: It is also used as a solvent in perfumes and is found as an ingredient in aerosol sprays.
Food and Beverages: It is also used as a flavoring additive because of its fruity odor, which is like pears.
Printing inks: It is used as a solvent in printing inks mainly for flexographic and screen-printing inks which are prominently used in printing postcards, magazines, and cardboard containers.
N-PROPYL ACETATE HANDLING AND STORING
Propyl Acetate should be handled with proper care and attention. Protective gear such as goggles, water-resistant gloves and attire should be worn to avoid contact with skin and eyes. There must be an implementation of sufficient natural or exhaust ventilation coupled with proper respiratory protection to avoid the exposure of vapors.
It must be stored in a tightly closed container, away from direct sunlight or heat, in a well-ventilated space. Opened container should be resealed and stored properly to avoid any kind of leakage as this is a highly inflammable gas with toxic vapors.
HAZARD AND SAFETY
According to the National Fire Protection Association, the health rating and fire rating of N- Propyl Acetate is 1 & 3, respectively. It indicates that upon prolonged exposures, it can cause irritation as well as inhalation of its vapors is also toxic. Moreover, Propyl Acetate is highly flammable and can easily catch fire by heat or sparks under environmental conditions. It is harmful if swallowed.
If exposed for long duration there can be potential health effects like, skin and eyes irritation coupled with pain and redness in eyes.
First Aid If Exposed:
For Eyes: Rinse with plenty of water till gets better. Refer to doctor if irritation persists
For Skin: Wash the affected area with water and soap. Refer to doctor if irritation persists
Inhalation: Fresh Air and Take Rest
Ingestion: Consult Doctor
N-PROPYL ACETATE MARKET:
The major share of global demand for n-propyl acetate is held by the Asia Pacific region, because of increasing construction, rapid growth, and strong establishment of industries such as chemicals, printing ink, and food & beverages in the region, especially in China and India. N-propyl market finds a significant place in the market due to its high demand in industries involved in paints, coatings, and printing inks. Moreover, the cosmetic and food and beverage industry is witnessing exponential growth over the past decade. This exponential growth has driven the global propyl acetate market as manufacturers are progressively utilizing this chemical in the production of their products such as perfumes, deodorants, etc. and utilizing it as a flavoring agent.
North America and Europe are prominent regions for the Propyl Acetate market as both these advanced regional markets collectively account for approximately half of the total demand because of the presence of the leading chemical industries in the regions. Moreover, a significant growth in the Propyl Acetate market has been shown by Middle East Asia in the past few years and is likely to witness potential growth in the forecast period.
EFFECT OF COVID-19 PANDEMIC
Due to the impact of the COVID-19 pandemic, the decline in the demand for N-Propyl Acetate was witnessed among other chemicals owing to nationwide lockdowns and subsequent disruptions in supply chains. However, overall decent growth has been observed in its demand since the industries got operational after the lockdowns. Additionally, surging demand for advanced coating material in the automotive industry is expected to accelerate the market for N- Propyl Acetate in the forthcoming years.
LEADING PLAYERS:
BASF Group, Du Pont Inc., DOW, Eastman Chemical Company, Solvay S.A., Showa Denko K.K., Sankyo Chem., Daicel Co., Sasol corporation, Shiny Chemical industrial Co. ltd., Zibo Nuoao Chem. Co. Ltd., Wujiang Shuguang Chemical CO. Ltd., Ningbo Yongshun and Tosoh corporation are some leading players in the N-Propyl Acetate market.
CONCLUSION:
Propyl Acetate Market is expanding at a faster pace with considerable growth rates over the past few years and to grow significantly in the coming years owing to the increasing demand for N-Propyl Acetate as a solvent or an intermediate from various end use industries such as Chemicals, Paints, Automotive, Pharmaceuticals, Cosmetics, Food & Beverages and Others. Moreover, the expansion of capacity of the N-Propyl Acetate plant by Showa Denko (SDK), Tokyo has increased the production of N-Propyl Acetate. It is used in solvents for ink for special gravure printing which is extensively utilized for exterior packaging films for confectionary are likely to create opportunities in the n-propyl acetate market in the upcoming years.
FAQs:
Which are the different grades of N-Propyl Acetate?
The different grades of N- Propyl Acetate are Reagent and Technical Grade, Agricultural and Pharmaceutical Grade, and Optical Grade.
Which are the major applications for N-Propyl Acetate?
The major applications for N-Propyl Acetate include Paints, Coatings and Printing inks.
Who are the key players in the Global N-Propyl Acetate market?
BASF Group, Eastman Chemical Company, Du Pont Inc., DOW, Solvay S.A., Showa Denko K.K., Sankyo Chem., Daicel Corporation, Sasol corporation, Shiny Chemical industrial Co. ltd., Zibo Nuoao Chem. Co. Ltd., Wujiang Shuguang Chemical CO. Ltd., Ningbo Yongshun and Tosoh corporation are some leading players in the N-Propyl Acetate market.
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Qualitative Analysis of Cellulose Esters Market 2021-2025
The global Cellulose Esters Market report is a compilation of first-hand information, qualitative and quantitative evaluation by industry analysts, inputs from industry experts and industry participants across the value chain.
The global Cellulose Esters Industry report provides an extensive analysis of macro-economic indicators, parent market trends, and governing factors along with market attractiveness as per segments. —————————————————————————————————————————————————— Sample Copy of This Report with Full TOC @ https://www.alexareports.com/report-sample/2528110 —————————————————————————————————————————————————— All manufactures in the world are committed to the improvement of product. These two years, some of manufactures can almost catch up with the world’s leading technology too. Most technologies are developed by the manufacturers instead of importing from other companies.
Important Manufactures in this report are Solvay, Mitsubishi Chemical Holdings Corporation, Eastman Chemical Company, China National Tobacco Corporation, Daicel Corporation, Celanese Corporation, Acordis Cellulostic Fibers, Sappi, Rayonier Advanced Materials, Sichuan Push Acetati,
Global Cellulose Esters Market: Product Segment Analysis
Cellulose Acetate Cellulose Acetate Butyrate Cellulose Acetate Propionate Cellulose Nitrate
Global Cellulose Esters Market: Application Segment Analysis
Coatings Plasticizers Cigarette Filters Films & Tapes Inks
Global Cellulose Esters Market Report 2021 presents an in-depth assessment of the Cellulose Esters including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Cellulose Esters investments from 2021 till 2027. It provides a comprehensive overview of the market, its dynamics, structure, characteristics, main players, growth and demand drivers, etc.
Cellulose Esters Market Report give depth study of current situation of the industry. Cellulose Esters Manufacturers are valuable source of guidance and direction for companies and individuals interested in the Industry.
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Global Cellulose Acetate Butyrate Market Outlook to 2025: Emerging Trends and Will Generate New Growth Opportunities Status
The Cellulose Acetate Butyrate Market Report highlights market opportunities and competitive scenarios for a Cellulose Acetate Butyrate on a regional and global basis. Market size estimates and forecasts have been provided based on unique research adapted to the dynamics of the Cellulose Acetate Butyrate market. In addition, the key factors influencing the growth of the Cellulose Acetate Butyrate market were identified, with possible significance.
Major Players Covered in this Report are:
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Eastman Chemical Company, Daicel Corporation, Mitsubishi Chemical Corporation, Haihang Industry Co., Ltd., SIMAGCHEM, Celanese Corporation, Rotuba, Xiamen Hisunny Chemical Co. Ltd., and Chemos among others are the leading players present within the global cellulose acetate butyrate market.
This market is divided into types, applications and regions. The growth of each segment provides an accurate calculation and forecast of sales by type and application in terms of volume and value for the period from 2020 to 2025. This analysis can help you expand your business by targeting suitable niche markets. Market share data is available globally and regionally. Research analysts understand the strengths of competitors and conduct competitive analysis for each competitor separately.
Key segments of the global cellulose acetate butyrate (CAB) market
Application Overview, 2015-2025 (USD Million)
Printing Inks
Paints & Coatings
Lacquers
Others
Regional Overview, 2015-2025 (USD Million)
North America
US
Europe
Germany
UK
Asia Pacific
Japan
China
Central and South America
Middle East & Africa
Paints & coatings was the largest application segment of cellulose acetate butyrate in 2017. Technological advancements due to increasing research & development on cellulose acetate butyrate is expected to fuel the growth of the global market. Moreover, the rising demand for paints & coatings is expected to boost market growth. Paints & coatings are anticipated to account for 55.2% of the global cellulose acetate butyrate market share, in terms of volume, by 2025.
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The global cellulose acetate butyrate market is dominated by Asia Pacific and a similar trend is projected to be witnessed in the forecast period. China is the dominating region in Asia Pacific owing to the presence of a robust paint & coating manufacturing industry with an approximate market size of USD 137.00 billion. The rising sales of paints & coatings in the region is expected to fuel the growth of the cellulose acetate butyrate market in the forecast period.
Global Cellulose Acetate Butyrate Market: Competitive Landscape
This market analysis report categorizes numerous key manufacturers in the industry. It helps the reader understand the policies and terms of cooperation that industry participants focus on to combat industry competition. Comprehensive market analysis offers a decent microscopic view of the industry. Market analysis allows the classification of producer footprints, providing information on global producer income and sales by producer, as well as world producer prices for the forecast period from 2018 to 2025.
Major Aspects covered in the Report are –
Market overview by Cellulose Acetate Butyrate, including production, consumption, market status, valuation and growth.
historical data and market forecast.
Review of the market type of the product and its development.
Overview of the end user market and development.
Geographic analysis with major countries.
Report Offerings in a Gist:
To identify correctly major underlying market forces that gradually underpin growth
To comprehend future growth potential of the mentioned segments, inclusive of geographical outlook.
A thorough evaluation of the entire competitive landscape gamut has been analyzed, isolating growth rendering strategies and industry forerunners
To correctly isolate growth enablement determinants.
The report lends clarity in understanding the commercial viability of the Cellulose Acetate Butyrate market ecosystem.
COVID-19 Impact Analysis
This intensively researched report presentation has been prepared in real time parlance, rendering substantial attention towards COVID-19 outbreak that has lately wreaked unprecedented damage across industries, stagnating growth.
Based on extensive geographical scope and specific vendor activities across diverse regional pockets, global Cellulose Acetate Butyrate market is well segregated into specific nations such as Argentina and Brazil in South America. Additionally, other nations such as China, South Korea, Taiwan, Australia. Additional details on European growth hubs such as France, Italy, Germany, Netherlands have also been included in the report, followed by details on North America and MEA.
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Key Questions Answered in the global Cellulose Acetate Butyrate Market Report:
What are the key demand indicators for the global Cellulose Acetate Butyrate market?
Who are the key manufacturers of Cellulose Acetate Butyrate in the industry, globally?
What is the degree of competition in the global Cellulose Acetate Butyrate markets?
What are the key events and developments taking place within the global market?
How the global Cellulose Acetate Butyrate markets performed in the previous years?
What is the forecast assessment for the industry for 2016-2025?
What are the major drivers for the past and forecast periods?
What are the key constraints for the historical and forecast periods?
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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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U.S. Esters Market Status, Share And Growth Factors Impact Analysis till 2022
March 03, 2021: U.S. Esters Market is estimated to grow significantly in the forecast period owing to the increase in demand for stabilizers and emulsifiers from personal care segment. Esters are the organic compounds that produce organic or inorganic acids when reacted with water. Esters possess properties like flexibility and low polarity and are more volatile than the equivalent amides. Esters are widely used as aromas in different fruits, pharmaceutical items and personal care products like shampoos.
U.S. esters market is witnessing growth due to factors like developments and innovations in surfactants, lubricants, pesticides and others, economic developments, growing population that demands personal care products and growing industrialization. Esters are extensively used in synthetic lubricants, which ultimately encourages U.S. esters industry. Moreover, growth in food industry due to increasing population is fueling United States esters market. However, the market is restrained by the government regulations for limiting the use of unsafe chemicals in the food & personal care products and unstable prices of raw materials.
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Nevertheless, low labor cost and regulations by government are encouraging the market growth of esters. Functional efficiency followed by biodegradability, sustainability and performance offered by esters are gaining traction by the market players. Also, the development of various personal care industries are expected to bring opportunities in U.S. esters industry in the coming years.
U.S. esters market is categorized on the basis of product type, application and geography. On the basis of product type, the market is divided into complex esters, diesters, monoesters and methyl esters. Complex esters segment is expected to lead U.S. esters industry since they offer high film thickness, wide viscosity range, high surface activity, and are cost-effective.
Based on application, U.S. esters market is bifurcated into industrial lubricants, automotive lubricants, marine lubricants, aviation lubricants and food grade lubricants. Aviation segment followed by automotive and industrial segment are expected to hold larger market share of esters due to wide applications. Geographically, U.S. esters industry is segmented as The West, Southwest, The Middle Atlantic, New England, The South and The Midwest.
The key players in United States esters industry comprise Arkema, Chemtura, Lanxess, Dow Chemical, Evonik Industries, DuPont, Procter & Gamble (P&G), Croda International, Sasol, PCC Chemax, Honeywell, Eastman Chemical, Ashland, AkzoNobel, Innospec, Archer Daniels Midland, LG Chem, Elementis Specialties, Valtris Specialty Chemicals, Rotuba, PMC Biogenix, Polymer Plastics Co. LC.AndStepan Company.
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Market Segment:
U.S. Esters Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
• Fatty esters
• By product
• Glycerol monostearate (GMS)
• By application
• Food additive
• Emulsifier for oil & greases
• Pharmaceuticals
• Personal care & cosmetics
• Others
• Medium Chain Triglycerides (MCTs)
• By application
• Dietary supplements
• Medical supplements
• Others
• Sorbitan esters
• By application
• Personal care & cosmetics
• Food additives
• Paints & pigments
• Pharmaceuticals
• Agricultural films & plastics
• Others
• Ethyl glycol monostearate
• By application
• Personal care & cosmetics
• Others
• Fatty acid methyl ester (FAME)
• By application
• Biodiesel
• Lubricants
• Metalworking fluids
• Polymer, coatings, & plasticizers
• Personal care
• Others
• Phosphate esters
• By application
• Lubricant base stock
• Agrochemicals
• Surfactants
• Flame retardants
• Plasticizers
• Paints & coatings
• Others
• Acrylic esters
• By product
• Methyl acrylate
• By application
• Coatings, adhesives, sealants, and elastomers (CASE)
• Surfactants
• Plastic additives
• Textiles & fibers
• Chemical synthesis
• Others
• Ethyl acrylate
• By application
• Copolymers & homopolymers
• Chemical synthesis
• Paints & coatings
• Others
• Butyl acrylate
• By application
• Personal care & cosmetics
• Paints & coatings
• Others
• 2-Ethylhexyl acrylate
• By application
• Copolymers & homopolymers
• Pressure sensitive adhesives
• Paints & coatings
• Others
• Others
• Cellulose esters
• By product
• Cellulose acetate
• By application
• Film base
• Coating additive
• Synthetic fibers
• Others
• Cellulose acetate propionate (CAP)
• By application
• Printing inks
• Varnishes & coatings
• Textile & apparel
• Plastic processing
• Nail care products
• Others
• Cellulose acetate butyrate (CAB)
• By application
• Coating additive
• Pharmaceuticals
• Textile & apparel
• Plastic processing
• Others
• Allyl & aromatic esters
• By product
• Ethyl acetate
• Ethyl benzoate
• Methyl laurate
• N-butyl stearate (NBS)
• Others
• By application
• Personal care
• Agricultural chemical
• Lubricants
• Pharmaceuticals
• Paints & coatings
• Surfactants & detergents
• Others
• Others
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Carboxymethyl Cellulose Market is estimated to expand at a CAGR of 3.6% by 2031
Carboxymethyl Cellulose Market: Introduction
Transparency Market Research delivers key insights on the global carboxymethyl cellulose market. In terms of revenue, the global carboxymethyl cellulose market is estimated to expand at a CAGR of 3.6% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecast in its report on the global carboxymethyl cellulose market.
The global carboxymethyl cellulose market is broadly affected by several factors, including expansion of the global food & beverage industry. Characteristics of carboxymethyl cellulose such as thickening ability, rheology modification, water retention, filtration reduction, and binding ability are expected to drive the demand for carboxymethyl cellulose in the near future.
Carboxymethyl Cellulose Market: Dynamics
Carboxymethyl cellulose is extensively employed in the manufacture of baked goods, ice creams, dairy products, gels in heart & cornea surgeries, coating of tablets, finishing of fabric, film forming agent in lotion, creams, shampoos, drilling fluid, etc. It is utilized extensively in food & beverage and pharmaceutical sectors.
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Characteristics of carboxymethyl cellulose to control crystallization and reduce crystal size help retain the effectiveness of frozen food. Carboxymethyl cellulose helps avoid the formation of sandy texture in half-frozen products such as milk shakes and fruit punches. In cosmetics and pharmaceutical sectors, high purity grade of carboxymethyl cellulose is employed as a fat-free ointment base or tablet filling matrix.
Mixed esters of carboxymethyl cellulose, such as carboxymethyl cellulose acetate butyrate, exhibit zero-order release of the active component when used as a filling matrix for drug-delivery agents.
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The increase in demand for hydrocolloids in foodstuffs, owing to the rapid expansion of convenience food & beverages sector is likely to drive the demand for carboxymethyl cellulose in the near future. Some consumers are allergic to gluten.
This makes them intolerant to conventional gluten-containing desserts such as low-fat ice creams, non-fat ice creams, frozen novelties, and frozen yogurt. Carboxymethyl cellulose acts as a thickener and stabilizer in ice creams and other frozen desserts.
This helps maintain the texture and appearance of desserts. Furthermore, carboxymethyl cellulose is available at lower cost than other thickeners and stabilizers. These factors are estimated to propel the demand for carboxymethyl cellulose in the food & beverages segment in the near future.
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Carboxymethyl Cellulose Market: Prominent Regions
Based on region, the global carboxymethyl cellulose market has been segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the global carboxymethyl cellulose market in 2020. The region is expected to maintain its dominance during the forecast period. Countries with large population and high growth in middle-class population, such as China and India, offer lucrative opportunities to the market in Asia Pacific. Sales of packaged food are rising in India, owing to an increase in disposable income of consumers.
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Asia Pacific is a prominent market for fast food, with significantly large markets in China, Japan, and India. The presence of large numbers of consumers of fast food in the region is driving the carboxymethyl cellulose market in Asia Pacific. Furthermore, rise in investments in pharmaceutical and cosmetics sectors by key manufacturers in the region is boosting these industries in Asia Pacific. The expansion of pharmaceutical and cosmetics industries is projected to offer lucrative opportunities to the carboxymethyl cellulose market in the region.
Carboxymethyl Cellulose Market: Key Players
Key players operating in the global carboxymethyl cellulose market are Nouryon Chemicals Holding B.V., DuPont de Nemours, Inc., CP Kelco, Ashland Inc., Jining Fortune Biotech Co., Ltd., Nippon Paper Industries Co., Ltd., Daicel Corporation, Dai-Ichi Kogyo Seiyaku Co., Ltd, and Quimica Amtex S.A De C.V.
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BUTYRIC ACID MARKET ANALYSIS
Butyric Acid Market - Size, Share, Trends, and Forecast 2019 - 2027
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The global butyric acid market size is projected to surpass US$ 125 million by 2027, and register a CAGR of 14.4% over the forecast period (2019 - 2027).
Market Overview
Butyric acid, also known by the chemical names butanoic acid and n-Butyric acid, is a carboxylic acid that is commonly found in its esterified form in plant oils and animal fat. Butyric acid is a colourless liquid with an unpleasant, penetrant odour. It tastes like butter and is used as a flavouring agent in food manufacturing. Butyric acid is soluble in water, ether, and ethanol. It is highly corrosive to metals and tissue, and protective eye-goggles, gloves made of PVC or rubber, as well as chemical-resistant shoes are worn when handling butyric acid as a safety measure. For industrial applications, butyric acid is generally prepared by fermenting starch or sugar.
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Market Dynamics
Butyric acid has several industrial applications, and recently, in the light of increasing petroleum prices and rising need for clean energy resources, butyric acid is being considered as a precursor to biofuels. Butyric acid may emerge as an effective alternative for gasoline in the near future. It has a wide demand in the transportation sector, owing to the variety of advantages butyric acid has over ethanol. For instance, butanol is far less volatile compared to ethanol, does not attract water which makes it ideal for transportation in pipelines, and is also less sensitive to low temperatures. Moreover, butyric acid has uses in the chemical and pharmaceutical industries since it has been associated with several anticancer properties. Several research institutes are engaged in the development of prodrugs containing butyric acid which can be used as a potential treatment of cancers, leukemia, and side effects of alopecia caused by chemotherapy. In the chemical industry, butyric acid has primary application in the manufacture of cellulose acetate butyrate plastics. In end use industries such as cosmetics, and food and beverages, butyric acid esters are used to add fragrance and flavor to products. These factors are expected to drive demand for butyric acid over the forecast period.
However, environmental and health concerns associated with the handling of butyric acid are projected to restrain growth of the global butyric acid market. Inhaling butyric acid can cause coughing, soreness of the throat, and respiratory problems. Furthermore, ingesting butyric acid can result in abdominal pain, and collapse. Physical contact with butyric acid causes skin irritation, burns, blistering, and prolonged exposure can impair the vision.
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Market Outlook
Asia Pacific is expected to emerge as the largest market for butyric acid owing to the rapidly expanding pharmaceutical and agriculture sectors, where butyric acid animal feed application. Agro-based economies such as India are estimated to account for a significant market share during the forecast period. Additionally, presence of several key players in the region coupled with rapidly expanding end use industries is expected to facilitate growth of the Asia Pacific butyric acid market. Stringent regulations by environmental agencies in North America and Europe regarding the use of antibiotics in animal feed will facilitate demand for butyric acid in biofuel production in the regions.
Key Players
Some of the major companies operating in the global butyric acid market are Eastman Chemical Company, Dmitrievsky Chemical Plant, and Alfa Aesar GmbH & CO KG among others.
Key Developments:
30 May 2017, Oxea, the global chemical company successfully stated its carboxylic acids production facility in Oberhausen, Germany. As a result, Oxea enhanced the production output of short-chain fatty acids (SCFAs), such as propionic acid, butyric acid and isobutyric acid.
24 Jan 2013, Eastman Chemical Company announced today expansion of butyric acid production capacity at its Kingsport, Tennessee, facility.
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Cellulose Plastics Market Analysis (2020-2027)
The global cellulose plastics market size is expected to witness a substantial rise in the coming future, and register a significant CAGR over the forecast period (2019 - 2027).
Market Overview
Cellulose plastics are based on pure cellulose that is extracted from wood pulp or cotton lint and is reacted with alkalis, acids, or alkyl halides to produce flakes. The result is acetate, propionate, acetate butyrate, nitrate, or ethyl cellulose, depending on the reactants. Ethyl cellulose plastics have several industrial applications owing to their excellent molding properties, dielectric strength, light weight, and flexibility under a range of temperatures. Of all cellulose plastics, ethyl cellulose plastics have the lowest water absorption rate. Moreover, they are comparatively less tough and lower in strength than other cellulose plastics. Such plastics are typically used for manufacturing luggage items, sports helmets, refrigerator components, and others. Upon chemical modification, cellulose plastics can also be made into cellophane film and fibre such as rayon.
Market Dynamics
The growth of the cellulose plastics market is driven by demand for cellulose acetate (esters), and the demand is expected to grow steadily over the forecast period. Cellulose plastic are used primarily to produce thermoplastics, electronics, cellophane, fibres, sheets, ophthalmic goods, spectacle frames, toys, sports goods, and rods among others. Moreover, the demand for cellophane plastics from end use industries is expected to grow for applications such as packaging materials, everyday appliances, textiles, and composites. Wide usage of plastic packaging (such as petroleum-based plastic) has led to an increasing number of environmental regulations banning use of conventional or traditional plastics. This, in turn, has led to growing demand for cellulose plastics which are produced by renewable means and raw material. Biodegradability is another reason for increasing demand for bio-based plastics in the global market. In the past few years, applications of cellulose plastics has been increasing, such as screen shields, and electronics such as transparent dialers. However, low purchasing cost and easy availability of traditional plastics may hamper demand for cellulose plastics over the forecast period. Key players in the global cellulose plastics market are engaged in research and development efforts to develop low cost packaging materials that are sustainable and biodegradable at the same time.
Market Outlook
The global cellulose plastics market is segmented into North America, Europe, Asia Pacific, and rest of the world. North America is dominating the cellulose market in terms of consumer demand and production, and the trend is expected to continue during the forecast period. Europe is expected to account for the second largest market share owing to a huge demand in the region, especially Western Europe. The Asia Pacific cellulose market is also projected to exhibit significant growth owing to increasing awareness regarding the environmental hazards posed by conventional plastics, as well as the increasing initiates by governments in economies such as India to curb plastic usage. Other regions such as Latin America and the Middle East are also expected to contribute considerably to the overall market share due to the increasing presence of key players in the regions.
Key Players
The major players operating in the global cellulose plastics market are Daicel Chemical Industries, Celanese Corporation, Eastman Chemical Company, Solvay, Mitsubishi Rayon Company Limited, and SK Chemicals Co. Ltd. among others.
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NAIL POLISH MARKET ANALYSIS -(2019-2027)
Nail polish is a type of lacquer, which is used to decorate fingernails and toenails. Nail polishes are coatings applied to nails to provide a pleasing look and to supplement the nails. In order to make nail polish flexible, peeling, and strong, various chemicals such as solvents, film formers, resins, plasticizer, pigments, pearls, and other ingredients are added to the nail polish. It contains film-former such as cellulose acetate butyrate or nitrocellulose in order to make product hard and shiny when it dries.
Increasing awareness about grooming among consumers is fueling growth of the cosmetic industry, which in turn is driving the nail polish market growth. For instance, according to the U.S. Department of Commerce, International Trade Administration (ITA), in 2016, the Indian Beauty and Personal Care (BPC) industry was valued at US$ 8 billion, and it is expected to exhibit a CAGR of 5-6% in the period between 2017 and 2021.
Market Dynamics
Among product type, liquid segment held largest revenue share of 85.2% in global nail polish market in 2018. This trend is expected to continue further over the forecast period, owing to the wide availability of wide range of liquid nail polish in the global market. Moreover, rising number of beauty and nail salons is further expected to contribute to growth of global nail polish market in the near future. According to the U.S. Nails Magazine Statistics published in 2018, the number of nail salons operating in the U.S. increased from 48,930 salons in 2013 to 56,386 salons in 2017.
Among regions, in 2018, Asia Pacific held dominant position in the global nail polish market and contributed revenue share of 27.9%. The regional growth is driven by increasing population of working women along with growing cosmetics industry in the region. According to India Brand Equity Foundation (IBEF), Indian beauty, cosmetic, and grooming market was valued at US$ 6.5 Bn in 2016 and is expected to reach value of US$ 20 billion by the end of 2025.
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Key features of the study:
This report provides in-depth analysis of global nail polish market and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2019–2027), considering 2018 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by key players
It profiles key players in the global nail polish market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include, Revlon, Inc., L'Oreal S.A. , Fiabila SAS, NARS Cosmetics, Inc., Essie Cosmetics, Ltd., Coty, Inc., American International Industries, Christian Dior SE, and Chanel S.A.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
The global nail polish market report caters to various stakeholders in this industry including investors, suppliers, nail polish manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global nail polish market
Detailed Segmentation:
Global Nail Polish Market, By Product Type:
Liquid
Gel
Global Nail Polish Market, By End User:
Female
Male
Global Nail Polish Market, By Distribution Channel:
Hypermarkets and Supermarkets
Specialty Stores
Convenience Stores
Online Channels
Global Nail Polish Market, By Region:
North America
South America
Europe
Asia Pacific
Middle East & Africa
U.S.
Canada
Mexico
By Product Type:
By End User:
By Distribution Channel:
Liquid
Gel
Female
Male
Hypermarkets and Supermarkets
Specialty Stores
Convenience Stores
Online Channels
By Product Type:
By End User:
By Distribution Channel:
Liquid
Gel
Female
Male
Hypermarkets and Supermarkets
Specialty Stores
Convenience Stores
Online Channels
By Product Type:
By End User:
By Distribution Channel:
Liquid
Gel
Female
Male
Hypermarkets and Supermarkets
Specialty Stores
Convenience Stores
Online Channels
Brazil
Argentina
Rest of South America
By Product Type:
By End User:
By Distribution Channel:
Liquid
Gel
Female
Male
Hypermarkets and Supermarkets
Specialty Stores
Convenience Stores
Online Channels
By Product Type:
By End User:
By Distribution Channel:
Liquid
Gel
Female
Male
Hypermarkets and Supermarkets
Specialty Stores
Convenience Stores
Online Channels
By Product Type:
By End User:
By Distribution Channel:
Liquid
Gel
Female
Male
Hypermarkets and Supermarkets
Specialty Stores
Convenience Stores
Online Channels
U.K.
Germany
France
Italy
Spain
Russia
Rest of Europe
By Product Type:
By End User:
By Distribution Channel:
Liquid
Gel
Female
Male
Hypermarkets and Supermarkets
Specialty Stores
Convenience Stores
Online Channels
By Product Type:
By End User:
By Distribution Channel:
Liquid
Gel
Female
Male
Hypermarkets and Supermarkets
Specialty Stores
Convenience Stores
Online Channels
By Product Type:
By End User:
By Distribution Channel:
Liquid
Gel
Female
Male
Hypermarkets and Supermarkets
Specialty Stores
Convenience Stores
Online Channels
By Product Type:
By End User:
By Distribution Channel:
Liquid
Gel
Female
Male
Hypermarkets and Supermarkets
Specialty Stores
Convenience Stores
Online Channels
By Product Type:
By End User:
By Distribution Channel:
Liquid
Gel
Female
Male
Hypermarkets and Supermarkets
Specialty Stores
Convenience Stores
Online Channels
By Product Type:
By End User:
By Distribution Channel:
Liquid
Gel
Female
Male
Hypermarkets and Supermarkets
Specialty Stores
Convenience Stores
Online Channels
By Product Type:
By End User:
By Distribution Channel:
Liquid
Gel
Female
Male
Hypermarkets and Supermarkets
Specialty Stores
Convenience Stores
Online Channels
China
India
Japan
South Korea
ASEAN
Rest of Asia Pacific
By Product Type:
By End User:
By Distribution Channel:
Liquid
Gel
Female
Male
Hypermarkets and Supermarkets
Specialty Stores
Convenience Stores
Online Channels
By Product Type:
By End User:
By Distribution Channel:
Liquid
Gel
Female
Male
Hypermarkets and Supermarkets
Specialty Stores
Convenience Stores
Online Channels
By Product Type:
By End User:
By Distribution Channel:
Liquid
Gel
Female
Male
Hypermarkets and Supermarkets
Specialty Stores
Convenience Stores
Online Channels
By Product Type:
By End User:
By Distribution Channel:
Liquid
Gel
Female
Male
Hypermarkets and Supermarkets
Specialty Stores
Convenience Stores
Online Channels
By Product Type:
By End User:
By Distribution Channel:
Liquid
Gel
Female
Male
Hypermarkets and Supermarkets
Specialty Stores
Convenience Stores
Online Channels
Elastomers
By Product Type:
By End User:
By Distribution Channel:
Liquid
Gel
Female
Male
Hypermarkets and Supermarkets
Specialty Stores
Convenience Stores
Online Channels
Middle East
Africa
By Product Type:
By End User:
By Distribution Channel:
Liquid
Gel
Female
Male
Hypermarkets and Supermarkets
Specialty Stores
Convenience Stores
Online Channels
By Product Type:
By End User:
By Distribution Channel:
Liquid
Gel
Female
Male
Hypermarkets and Supermarkets
Specialty Stores
Convenience Stores
Online Channels
Company Profile
Revlon, Inc.*
L'Oreal S.A.
Fiabila SAS
NARS Cosmetics, Inc.
Essie Cosmetics, Ltd.
Coty, Inc.
American International Industries
Christian Dior SE
Chanel S.A.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
“*” marked represents similar segmentation in other categories in the respective section.
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