ID: 71714 I Oct 2019 I Region: Global I 210 pages I Market Industry Reports
Cellulose Acetate Derivatives Market Overview and Introduction
Cellulose acetate is derived from cellulose, it is the acetate ester of cellulose. The overall market for cellulose acetate derivatives is witnessing growth owing to high demand from emerging economies. The global cellulose acetate derivatives market was valued at approximately US$ 4,000 million in 2018 and is anticipated to grow at a moderate CAGR from 2019 to 2030. High demand from emerging economies is attributed to increasing infrastructural developments, technological advancements and increasing demand for specialty cellulose acetate from various end use applications. However, stringent government regulations and volatility in the prices of raw materials are the major factors curbing the market growth. Furthermore, due to shift in trend towards eco-friendly acetate, cigarette filters are another factor contributing towards the market growth. Various manufacturers are shifting their focus to develop effective and innovative filters for cigarettes from cellulose acetate.
Cellulose Acetate Derivatives Market byRegion
Cellulose Acetate Derivatives Market By region, in 2018 Asia Pacific accounted for the largest share of the market and is projected to maintain its dominance throughout the forecast period of 2019 to 2030. Rising demand from various applications such as cigarette filters, coatings, extrusion & moldings is the major factor driving the market growth. North America and European market will witness substantial growth during the forecast period owing to high demand for biodegradable plastics and cellulose acetate derivatives has emerged a better alternative for it, in various applications.
The global cellulose acetate market is fragmented in nature. Some of the key players operating in this market are Eastman Chemical Company, Celanese Corporation, Daicel Corporation, Sichuan Push AcetatiCo, Ltd., and Mitsubishi Chemical Corporation among others.
INTRODUCTION
Market Definition
Market Classification
Geographic Scope
Years Considered for the Study: Historical Years – 2016 & 2017; Base Year – 2018; Forecasted Years – 2019 to 2030
Currency Used
RESEARCH METHODOLOGY
Research Framework
Data Collection Technique
Data Sources
Secondary Sources
Primary Sources
Market Estimation Methodology
Bottom Up Approach
Top Down Approach
Data Validation and Triangulation
Market Forecasting Model
Limitations/Assumptions of the Study
ABSTRACT OF THE STUDY
MARKET DYNAMICS ASSESMENT
Overview
Drivers
Barriers/Challenges
Opportunities
GLOBAL CELLULOSE ACETATE DERIVATIVES MARKET - BY APPLICATION
Cigarette Filters
Photographic Films
Extrusion & Molding
Coatings
Tapes & Labels
Other Application
GLOBAL CELLULOSE ACETATE DERIVATIVES - BY REGION
North America Cellulose Acetate Derivatives Market
North America Cellulose Acetate Derivatives Market, By Country
US
Canada
North America Cellulose Acetate Derivatives Market, By Application
Europe CELLULOSE ACETATE DERIVATIVES Market
Europe Cellulose Acetate DerivativesMarket, By Country/Region
Germany
U.K
France
Rest of Europe (ROE)
Europe Cellulose Acetate Derivatives Market, By Application
Asia Pacific CELLULOSE ACETATE DERIVATIVES Market
Asia Pacific Cellulose Acetate Derivatives Market, By Country/Region
China
Japan
India
Rest of Asia Pacific (RoAPAC)
Asia Pacific Cellulose Acetate Derivatives Market, By Application
Rest of the World (ROW) CELLULOSE ACETATE DERIVATIVES Market
Rest of the World Cellulose Acetate Derivatives Market, By Country/ Region
Latin America
Middle East & Africa
Rest of the World Cellulose Acetate Derivatives Market, By Application
COMPANY PROFILES (Business Overview, Products Offered, Financial Performance*, Recent Developments)
Eastman Chemical Company
Celanese Corporation
Daicel Corporation SHIMA SEIKI MFG., LTD.
Sichuan Push Acetati Co; Ltd.
Borregaard
Mitsubishi Chemical Corporation
Other Key Players
*Financial details might not be captured in case of privately-held companies or for companies that do not report this information in public domain
Research Methodology
It is a well-organized procedure to carry out research. We at Market Growth Insight follow global, all-inclusive & iterative research methodology to develop our research reports. We are using both the top down as well as bottom-up approaches for partitioning and evaluating the significant aspects of the market.
It is a systematic & strategic approach for conducting a market study. Our market research methodology is based on the concept that gives a detailed description of the factors behind an observation. Let us see the detailed market research methodology.
Primary Data Research
It is the very basic stage of research the raw data is obtained and collected on a boarded front.Data is constantly filtered to ensure that only validated and authenticated sources are considered. Moreover,information is also mined from a large group of reports in our vault, as well as various reputed paid databases. It is necessary to understand the entire value chain and in order to facilitate this; we gather information from raw material suppliers, distributors as well as buyers, for extensive knowledge of the market.
The technical issues and trends are acquired from reviews, technical discussion and trade journals. Moreover, the technical data is also accumulated from intellectual property prospective, focusing on a void area and freedom of movement. The industry elements regarding drivers, restraints, pricing trends are also collected. Subsequently, the material developed contains a wide range of original and unique information that is then further cross-validated and authenticated with published sources.
Statistical Model
Simulation models are responsible to estimate and forecast our market, and for each research, a unique model is created and customized. The data accumulated for market dynamics, innovation scene, application improvement, estimating trends is delivered into the model and analyzedsimultaneously. These components are examined on a comparative basis, and their impact on the figure of the frame is measured with the assistance of correlation, regression and time series investigation. Forecasting of the market is performed through the consolidation of economic tools, innovative examination, and industry experience along with domain expertise. Generally, economic models are utilized for short-termforecasting, technological market models are used for long-term forecasting of a market. These are based on an amalgamation of technology innovation, regulatory frameworks, economic outlook, and business principles. A bottom-up approach to the market estimation is preferred, with key regional markets analyzed as separate entities and integration of information to get a worldwide evaluation. This is very critical for a deep knowledge of the business as well as ensuring negligible mistakes. Below mentioned are some of the parameters are considered for forecasting
Market drivers and restraints, along with their current and expected impact
Raw material scenario and supply v/s price trends
Regulatory situation and expected developments
Current capacity and expected capacity additions up to 2025
Market driving organizations
The key targets of essential research are as per the following
To approve our information as far as exactness and adequacy
To pick up an understanding of the present market and future desires
We dole out weights to these parameters and evaluate their market effect utilizing weighted normal examination, to infer a normal market development rate.
This is the last advance in assessing and anticipating for our reports. Thorough essential meetings are led, on up close and personal and additionally via telephone to approve our discoveries and suppositions used to get them. Interviewees are drawn closer from driving organizations over the esteem chain including providers, innovation suppliers, area specialists,and purchasers in order to guarantee an all-encompassing and fair photo of the market. Essential meetings help in information approval, as well as give basic bits of knowledge into the market, current business situation and future desires and upgrade the nature of our reports. Every one of our assessments and figure is checked through comprehensive essential research with Key Industry Participants (KIPs) which ordinarily include:
Preliminary Investigation
This is the closing phase in estimating and forecasting for our reports. In this stage face to face and telephonic exhaustive interviews are conducted to validate our conclusion and assumptions used to obtain the final data. The leading companies across the value chain including suppliers, technology providers, domain experts,and purchasers are approaching the interviewees to ensure a holistic and unbiased view of the market. These interviews are led over the world, with language boundaries defeat with the guide of local staff and translators. Primary interviews in information validation as well as give critical insights into the market, current business outline and future expectations upgrade the quality of our reports. All our estimates and forecast are verified through exhaustive primary research with Key Industry Participants include
Leading market organizations
Raw material suppliers
Product dealer
Clients or Consumers
The key targets of primary research are as per the following:
To validate our data as far as exactness and adequacy
To pick up an understanding into the present market and future desires
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