Global Cellulose Acetate Market is expected to reach USD 4.90 Billion by 2026 from USD 3.46 Billion in 2016 at a CAGR of 5.1 %. Global cellulose acetate market is segmented by type, by application and by region. Fiber and plastic are product segment of cellulose acetate market. Cigarette Filters, Photographic Films, Textiles & Apparel and Tapes & Labels are application segment of cellulose acetate market. Region segmentation include North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Increasing use of cellulose acetate in cigarette filters coupled with the growing import of cellulose acetate from emerging economies in the Asia-Pacific region is anticipated to impel the growth of the cellulose acetate market. Consumer preference for low tar cigarettes and consumer shift towards longer cigarette filters contributes to the growth of the market. Fibre segment is predicted to lead market owing to its ease of availability and wider acceptance in end-use industries like cigarette manufacturing and textiles & apparel. Textiles & apparel segment is anticipated to lead the market due to growing technological advancements in the textile industry and rising demand for cellulose acetate in textiles & apparels. Geographically, the cellulose acetate market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Asia Pacific is set to become one of the largest markets for cellulose acetate during the forecast period owing to the rising use of cellulose acetate in textiles & apparel, cigarette filters, photographic films and tapes & labels applications in Asia Pacific region.
Global Cellulose Acetate Market, By Type:
• Fiber • Plastic
Global Cellulose Acetate Market, By Application:
• Cigarette Filters • Photographic Films • Textiles & Apparel • Tapes & Labels
Global Cellulose Acetate Market, By Geography:
• North America • Europe • Asia Pacific • Middle East & Africa • Latin America
• Celanese (US) • China Tobacco Corporation (China) • Mitsubishi Chemicals (Japan) • Daicel (Japan) • Solvay (Belgium) • Eastman Chemical Company (US) • Acordis Cellulostic Fibers (US) • Rayonier Advanced Materials (US) • Sichuan Push Acetati Co., Ltd. (China) • Sappi (South Africa)
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