Global Nitrocellulose Market: Industry Analysis and Forecast...

Global Nitrocellulose Market: Industry Analysis and Forecast (2021-2027)

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Posted 2021-10-14 07:17:52

The Nitrocellulose Market Research report provides an in-depth analysis of the industry, including current and future growth patterns, end-user analysis and key data that have been validated by experts. This report examines the market's importance, share and size, demand and supply as well as models, competitive landscape, industry chain analysis and other important factors. It also includes a detailed analysis of the industry's driving factors and the likely micro-economic factors that will affect its future development.

The Nitrocellulose Market Research Report assesses the global Nitrocellulose Marketplace industry market. It includes sales and capacity forecasts for 2021-2028. This report highlights the key factors that are driving industry growth. For a better understanding of the Nitrocellulose market, the report splits it into broad categories, such as forms and applications, end-user, technology, etc. These segments are examined carefully to provide a greater understanding of global and regional markets. The report includes details of key industry players such as company overviews, product portfolios, growth strategies, revenue generation and revenue sharing, market share and size, geographical presence and market size forecast and development.

Nitrocellulose Market is expected to reach US $734.37 million, thanks to growth in the Paints and Coatings segment. The report analyzes market dynamics by region and end-user industries.

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The market segments and sub-segments have been thoroughly researched and the report has determined which market segment is likely to dominate the market in the future. This report includes detailed information on regional market performance and competitive analysis in order to assist clients in making informed decisions about their investments in the Nitrocellulose market.

The report includes extensive analysis of market leaders, their business overview, expansion plans and strategies. The report covers the following:

• Atomax Chemicals Co. Ltd.
• Bergerac N.C.
• Abu Zaabal Co. for Specialty Chemicals
• Dow Wolff Cellulosic GmbH
• Hagedorn NC
• Nitrex Chemicals India Pvt. Ltd.
• Nitro Chemie AG
• EURENCO
• GRN Cellulose Pvt. Ltd.
• Hengshui Orient Chemical Co. Ltd.
• Nitro Quimica
• Nitrocellulose Group
• Synthesia a.s.
• North Sichuan Nitrocellulose Corporation
• TNC Industrial Co. Ltd.
• Others

Nitrocellulose Market Segmentation
Based on Grade, the global nitrocellulose market is segmented into three types as follows, M-Grade cellulose, E-Grade cellulose, and others. In 2020, the M-Grade cellulose segment was dominant and held xx% of the overall market share in terms of revenue. It is widely used in consumer products as a thickening and emulsifier in lubricants, nutritional supplement capsules, and other applications as well as, emulsifier demand from the automotive and aerospace industries is on the rise. As a result, demand for M-grade cellulose is expected to rise significantly during the forecast period, driving the nitrocellulose market forward.
Based on Application, the global nitrocellulose market is segmented into eight types as follows, Paints and Coatings, Printing Inks, Leather Finishes, Wood Lacquers, Nail Varnishes, Adhesives, Sealants, and Others. In 2020, the paints and coatings segment was dominant and held xx% of the overall market share in terms of revenue. The segment is expected to grow at a CAGR of 4.32% over the forecast period because of the growing demand for nitrocellulose as paint and coatings intermediate from a variety of end-use industries. Nitrocellulose grades with high nitrogen and high viscosity are frequently used to manufacture specialty paints for refinishing and repair in a variety of end-use sectors where film strength and flexibility are vital. Thus, all these factors are driving the growth of the paints and coatings segment.

Based on End-use Industry, the global nitrocellulose market is segmented into seven types as follows, Building and Construction (Commercial, Residential, Industrial, and Others), Textile, Automobile (Light Commercial Vehicles, Passenger Cars, Heavy Commercial Vehicles, and Others), Aerospace (Military, Commercial, and Others), Personal Care & Cosmetics, Marines (Cargo, Passenger, Supply Vessels, and Others), and Others.

In 2020, the building and construction segment was dominant and held xx% of the overall market share in terms of revenue because nitrocellulose is increasingly being used to make paints and coatings, which are then used in the construction industry. The paints and coatings are long-lasting, low-odor, and hygienic, making them ideal for any type of residential structure. Paints and varnishes can produce matte and glossy effects while remaining durable and cost-effective. They are distinguished by their simplicity of application and the ease with which they may be cleaned. Walls, doors, windows, and metal structures all benefit from paints and coatings.

As a result, demand for paints and coatings in residential areas is high. Government efforts in India, such as the ‘Smart City Mission' and ‘Housing for All,' are expected to drive the construction sector, benefiting the nitrocellulose market over the forecast period. The growing use of paints and coatings in residential structures for different functional benefits such as conduction, light absorption, insulation, anti-skid property, and reflection is expected to drive the nitrocellulose market significantly throughout the forecast period.

REPORT ATTRIBUTE INFO

For years 2021-2028, market size available

Considered the base year for 2021

Historical data 2015-2020

Forecast Period 2021-2028

Segments covered Types, Applications and End-Users.

Report Coverage Revenue Forecast, Company ranking, Competitive Landscape and Growth Factors and market trends

Regional Scope North America. Europe, Asia Pacific. Latin America. Middle East and Africa.

You can customize your report for free when you purchase. Modification or addition to the country, regional and segment scope.

Pricing and purchase options. You can get a customized purchase option to suit your specific research needs. Check out your purchase options

Geographic Segment Covered by the Report

The Nitrocellulose Report provides market information, which is further sub-divided into regions and countries. This report includes information on profit potentials, in addition to market share data for each country. This section includes information about the market share, growth rate and economic opportunities for each region, sub-region and countries in the period.

Middle East and Africa (GCC Countries & Egypt)

North America (The United States and Canada).

South America (Brazil etc.)

Europe (Turkey, Germany, Russia UK, Italy, France, etc.)

Asia-Pacific (Vietnam. China. Malaysia. Japan. Philippines. Korea. Thailand. India. Indonesia.

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Global Nitrocellulose Market: Industry Analysis and Forecast (2021-2027)

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