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Global Cellulose Esters and Ethers Market to reach USD 7.77 billion by 2027.

Global Cellulose Esters and Ethers Market Size study, By Product (Cellulose Acetate, Cellulose Nitrate, Carboxymethyl Cellulose, Methyl Cellulose, Ethyl Cellulose, Hydroxyethyl Cellulose, Hydroxypropyl Cellulose), Process (Kraft Process, Sulphite Process, Others), End Use Industry (Food and Beverages, Oil and Gas, Paper and Board, Paints and Adhesives, Detergents, Others) and Regional Forecasts 2021-2027

Product Code: CMCC-43499540
Publish Date: 17-10-2021
Page: 200

Global Cellulose Esters and Ethers Market is valued approximately USD 5.56 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.9 % over the forecast period 2021-2027. Cellulose ethers are water-soluble polymers obtained from cellulose which is the most abundant natural polymer. Cellulose ether polymers are used by the paint industry as thickening agents and used in ceramics, and paints to foods, cosmetics, and pharmaceuticals industry. Growing Food & beverage industry and rising personal care industry are the key drivers for the growth of Cellulose Esters and Ethers market. According to Institute of Food Technologists – Global sales of packaged foods and drinks topped USD 2.1 trillion in 2017 and are projected to increase at a compound annual growth rate (CAGR) of 2.2% through 2022 and will reach to USD 2.34 trillion. Asia Pacific and the Middle East/Africa are the fastest-growing sectors. Also, with the increasing demand from end use industries, the adoption & demand for Cellulose Esters and Ethers is likely to increase the market growth during the forecast period. However, stringent government rules and regulations impede the growth of the market over the forecast period of 2021-2027.

The key regions considered for the global Cellulose Esters and Ethers market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to increasing product use in various applications such as construction, cosmetics, pharmaceuticals, and food and beverage. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such as rising demand from food and beverages, cigarette filters, and the pharmaceutical sector would create lucrative growth prospects for the Cellulose Esters and Ethers market across Asia-Pacific region.

Major market player included in this report are:
Borregaard
Rayonier Advanced Materials.
Celanese Corporation
Eastman Chemical Company
Nouryon,
Ashland.
Daicel Corporation.
Dow
Lamberti S.p.A.
Sappi
Asha Cellulose (I) Pvt. Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Cellulose Acetate
Cellulose Nitrate
Carboxymethyl Cellulose
Methyl Cellulose
Ethyl Cellulose
Hydroxyethyl Cellulose,
Hydroxypropyl Cellulose
By Process:
Kraft Process
Sulphite Process
Others
By End Use Industry:
Food and Beverages
Oil and Gas
Paper and Board
Paints and Adhesives
Detergents
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Cellulose Esters and Ethers Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Cellulose Esters and Ethers Market, by Region, 2019-2027 (USD Billion)
1.2.2. Cellulose Esters and Ethers Market, by Product, 2019-2027 (USD Billion)
1.2.3. Cellulose Esters and Ethers Market, by Process, 2019-2027 (USD Billion)
1.2.4. Cellulose Esters and Ethers Market, by End Use Industry, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Cellulose Esters and Ethers Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Cellulose Esters and Ethers Market Dynamics
3.1. Cellulose Esters and Ethers Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Growing Food and Beverages Market
3.1.1.2. Rising Personal care market
3.1.2. Market Challenges
3.1.2.1. Stringent regulations
3.1.2.2. Rising awareness about health risks
3.1.3. Market Opportunities
3.1.3.1. increase in demand for industrial applications.
Chapter 4. Global Cellulose Esters and Ethers Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Cellulose Esters and Ethers Market, by Product
6.1. Market Snapshot
6.2. Global Cellulose Esters and Ethers Market by Product, Performance – Potential Analysis
6.3. Global Cellulose Esters and Ethers Market Estimates & Forecasts by Product 2018-2027 (USD Billion)
6.4. Cellulose Esters and Ethers Market, Sub Segment Analysis
6.4.1. Cellulose Acetate
6.4.2. Cellulose Nitrate
6.4.3. Carboxymethyl Cellulose
6.4.4. Methyl Cellulose
6.4.5. Ethyl Cellulose
6.4.6. Hydroxyethyl Cellulose
6.4.7. Hydroxypropyl Cellulose
Chapter 7. Global Cellulose Esters and Ethers Market, by Process
7.1. Market Snapshot
7.2. Global Cellulose Esters and Ethers Market by Process, Performance – Potential Analysis
7.3. Global Cellulose Esters and Ethers Market Estimates & Forecasts by Process 2018-2027 (USD Billion)
7.4. Cellulose Esters and Ethers Market, Sub Segment Analysis
7.4.1. Kraft Process
7.4.2. Sulphite Process
7.4.3. Others
Chapter 8. Global Cellulose Esters and Ethers Market, by End Use Industry
8.1. Market Snapshot
8.2. Global Cellulose Esters and Ethers Market by End Use Industry, Performance – Potential Analysis
8.3. Global Cellulose Esters and Ethers Market Estimates & Forecasts by End Use Industry 2018-2027 (USD Billion)
8.4. Cellulose Esters and Ethers Market, Sub Segment Analysis
8.4.1. Food and Beverages
8.4.2. Oil and Gas
8.4.3. Paper and Board
8.4.4. Paints and Adhesives
8.4.5. Detergents
8.4.6. Others
Chapter 9. Global Cellulose Esters and Ethers Market, Regional Analysis
9.1. Cellulose Esters and Ethers Market, Regional Market Snapshot
9.2. North America Cellulose Esters and Ethers Market
9.2.1. U.S. Cellulose Esters and Ethers Market
9.2.1.1. Product breakdown estimates & forecasts, 2018-2027
9.2.1.2. Process breakdown estimates & forecasts, 2018-2027
9.2.1.3. End Use Industry breakdown estimates & forecasts, 2018-2027
9.2.2. Canada Cellulose Esters and Ethers Market
9.3. Europe Cellulose Esters and Ethers Market Snapshot
9.3.1. U.K. Cellulose Esters and Ethers Market
9.3.2. Germany Cellulose Esters and Ethers Market
9.3.3. France Cellulose Esters and Ethers Market
9.3.4. Spain Cellulose Esters and Ethers Market
9.3.5. Italy Cellulose Esters and Ethers Market
9.3.6. Rest of Europe Cellulose Esters and Ethers Market
9.4. Asia-Pacific Cellulose Esters and Ethers Market Snapshot
9.4.1. China Cellulose Esters and Ethers Market
9.4.2. India Cellulose Esters and Ethers Market
9.4.3. Japan Cellulose Esters and Ethers Market
9.4.4. Australia Cellulose Esters and Ethers Market
9.4.5. South Korea Cellulose Esters and Ethers Market
9.4.6. Rest of Asia Pacific Cellulose Esters and Ethers Market
9.5. Latin America Cellulose Esters and Ethers Market Snapshot
9.5.1. Brazil Cellulose Esters and Ethers Market
9.5.2. Mexico Cellulose Esters and Ethers Market
9.6. Rest of The World Cellulose Esters and Ethers Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Borregaard
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Rayonier Advanced Materials.
10.2.3. Celanese Corporation
10.2.4. Eastman Chemical Company
10.2.5. Nouryon
10.2.6. Ashland
10.2.7. Daicel Corporation.
10.2.8. Dow
10.2.9. Lamberti S.p.A.
10.2.10. Sappi, Asha Cellulose (I) Pvt. Ltd.
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

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Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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