$1 billion Opportunity by 2025 in the Nitrocellulose Market: Global Key Vendors -DuPont Specialty Solutions, Hebei Sanmu Cellulose, EURENCO, Nitrex Chemicals India and Nitro Quimica

Global Market Insights, Inc. presents an extensive report on Nitrocellulose Market that offers qualitative information about prevailing trends and a detailed analysis of the growth trajectory of this industry. It also includes a study of the historical data and detailed statistics that will help determine the future scope of the industry in terms of commercialization opportunities.

Growing demand for furniture with rapid expansion of educational and commercial sector has led to rising demand for innovative and aesthetically appealing coatings. Nitrocellulose is widely utilized as a base substance for coatings owing to its ability to accentuate wood grain which increases its suitability for school furniture applications. Rising young population, supportive government education reforms, and rapid construction of school facilities will stimulate nitrocellulose market share.

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Growth drivers are
1. North America: Rising demand from furniture industry
2. Europe: Significant demand from automotive paints industry
3. Asia Pacific: Increasing printing inks application

Nitrocellulose Market size is anticipated to cross USD 1 billion by 2025. Increasing demand for packaged goods & food owing to rising disposable income has boosted the requirement of printing inks for packaging & labelling applications.

Increasing literacy rates globally, urbanization, and rapid increase of e-commerce sector has boosted the demand for high quality inks. It is widely used in manufacturing high quality inks owing to its characteristics such as quick drying time, heat and smudge resistance. Increasing demand for high quality prints, detailed maps, and posters nay augment market share.

Rising passenger car market owing to increasing availability of diverse range of vehicles models at varied price range should foster automotive paints market. Nitrocellulose market is widely used in manufacturing automotive paint formulations owing to its high nitrogen content, and compatibility with repair & refinish formulations. Growing demand for custom automotive paints, contemporary products and increasing consumer preference for nano paints should further boost market growth.

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Escalating demand for high quality leather products owing to rising consumer inclination to purchase leather products and changing outlook towards luxury shopping may foster nitrocellulose market share. It is widely used in leather furnishing products as it imparts pleasant luster, rub fastness, and natural texture to leather products. Rising disposable income and increasing prevalence to purchase high quality leather products such as jackets, shoes, bags, and wallets may trigger market growth.

Table Of Content For This Research Report:

Chapter 3 Nitrocellulose Market Insights
3.1 Industry segmentation
3.2 Industry landscape, 2014 - 2025
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.3.2 Distribution channel analysis
3.3.2.1 Collaboration/Partnership
3.3.2.2 Technology Provider
3.3.2.3 Distributors
3.4 Regulatory landscape
3.4.1 U.S.
3.4.1.1 49 CFR 100 – 177
3.4.1.2 21CFR177.1200
3.4.2 Europe
3.4.2.1 Directive 2008/98/EC Of the European Parliament and the Council
3.4.3 China
3.4.3.1 China State Council Decree 591
3.5 Pricing analysis
3.6 Technology landscape
3.7 Raw material analysis
3.7.1 Wood pulp
3.7.2 Nitric Acid
3.7.3 Sulfuric Acid
3.8 Industry impact forces
3.8.1 Growth drivers
3.8.1.1 North America: Rising demand from furniture industry
3.8.1.2 Europe: Significant demand from automotive paints industry
3.8.1.3 Asia Pacific: Increasing printing inks application
3.8.2 Industry pitfall & challenges
3.8.2.1 Strict regulatory compliance
3.8.2.2 Growing use of substitutes in molecular biology
3.9 Growth potential analysis, 2018
3.9.1 Emerging business models
3.9.1.1 Acquisitions
3.9.1.2 New product launch
3.10 Innovation & sustainability
3.11 Porter’s analysis
3.12 Competitive landscape, 2018
3.12.1 Company market share analysis, 2018
3.12.2 Strategy dashboard
3.13 PESTEL analysis

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Industry participants in include Nitro Quimica, DuPont Specialty Solutions, Hagedorn GmbH, Nitres Chemicals, Hubei Xuefei Chemicals, Nantong Tailida Chemical Corporation , Hebei Sanmu Cellulose, IVM Chemicals, EURENCO, Nitro Chemical Industry, Nobel NC, Nitrochemie AG, and Fenchem Biotek. Companies are engaged in stringent research to find alternate ways to manufacture by improving the production process and lowering costs within stringent manufacturing regulations.

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