openPR Logo
Press release

Acetate Tow Market Set to Grow at a CAGR of 5.27% Between 2024 and 2032

11-22-2024 11:36 AM CET | Chemicals & Materials

Press release from: Market Research Future (MRFR)

Acetate Tow Market Set to Grow at a CAGR of 5.27% Between 2024

Acetate Tow Market Overview

The acetate tow market is a vital segment of the specialty chemical and synthetic fiber industries, primarily used in cigarette filters, textile applications, and hygiene products. Acetate tow is a cellulose-based material derived from wood pulp, known for its excellent biodegradability, softness, and filtration properties. The market is driven by the widespread use of acetate tow in cigarette production, which accounts for a significant share of its demand.

The global acetate tow market was valued at approximately USD 2.27 billion in 2022 and is projected to grow to USD 2.39 billion in 2023. By 2032, the market size is expected to reach USD 3.8 billion, registering a compound annual growth rate (CAGR) of around 5.27% during the forecast period from 2024 to 2032.

For In depth Information Get Free Sample Copy of this Report@
https://www.marketresearchfuture.com/sample_request/25130

Acetate Tow Market Companies Are:

Changshu No.1 Acetate Fibre Factory ,Jiangyin Huayang Chemical Fiber ,Jiangsu Sanfangxiang Group ,Ashimori Industry ,Toray Industries ,Kelheim Fibres ,Lenzing AG ,Tianjin Northland Chemical Fibre ,Jiangyin Tianhe Chemical Fiber ,Acordis Business Group ,Zhejiang Tongkun Fibre ,Indorama Ventures ,Shandong Helon Group ,Zhejiang Yuhua Group ,Changshu Hansu Chemical Fibre

However, growing regulatory pressures on the tobacco industry and the push for alternative, environmentally friendly products are reshaping the acetate tow market landscape. Innovations in biodegradable and sustainable tow products are opening new avenues in hygiene and textile applications, contributing to market diversification.

DROC Analysis (Drivers, Restraints, Opportunities, and Challenges)

Drivers

Dominance of Cigarette Filters in Demand:

The tobacco industry remains the largest consumer of acetate tow, driven by its effectiveness as a filtration medium in cigarette production.

Biodegradability and Sustainability:

As acetate tow is derived from renewable cellulose, it is seen as an environmentally friendlier option compared to synthetic alternatives, boosting demand in non-tobacco applications.

Expanding Hygiene Product Applications:

Acetate tow is gaining traction in the hygiene and personal care industries, where its softness, absorbency, and skin-friendly properties are valued.

Know More about the Acetate Tow Market Report:
https://www.marketresearchfuture.com/reports/acetate-tow-market-25130

Restraints

Declining Cigarette Consumption:

Health awareness campaigns, stringent tobacco regulations, and increasing taxes on cigarettes are reducing global cigarette consumption, impacting the primary market for acetate tow.

Volatility in Raw Material Supply:

The dependence on wood pulp makes the acetate tow market vulnerable to supply chain disruptions and raw material price fluctuations.

Environmental Concerns About Cigarette Filters:

Despite being biodegradable, improperly disposed cigarette filters contribute to global litter, prompting stricter waste management regulations.

Opportunities

Diversification into Non-Tobacco Applications:

Innovations in textile, medical, and hygiene sectors are expanding the potential uses for acetate tow, providing new growth avenues.

Development of Advanced Biodegradable Products:

Investments in R&D to produce more eco-friendly variants of acetate tow can align with global sustainability trends and attract environmentally conscious industries.

Emerging Markets Growth:

Rising demand for cigarettes in developing economies in Asia-Pacific, the Middle East, and Africa presents opportunities despite declining consumption in mature markets.

Challenges

Regulatory Scrutiny:

Increasing global regulations targeting tobacco products directly affect acetate tow demand, necessitating strategic shifts for manufacturers.

Competition from Alternative Materials:

Synthetic and biodegradable alternatives are emerging as substitutes for acetate tow in various applications, intensifying competition.

Table of Contents

SECTION I: EXECUTIVE SUMMARY AND KEY HIGHLIGHTS
EXECUTIVE SUMMARY
• Market Overview
• Key Findings
• Market Segmentation
• Competitive Landscape
• Challenges and Opportunities
• Future Outlook
SECTION II: SCOPING, METHODOLOGY AND MARKET STRUCTURE
SECTION III: QUALITATIVE ANALYSIS
SECTION IV: QUANTITATIVE ANALYSIS
SECTION V: COMPETITIVE ANALYSIS
LIST Of tables
LIST Of figures

Browse Related Report:

US and Europe Potash Ore Market:
https://www.marketresearchfuture.com/reports/global-potash-ore-market-773

AdBlue Market:
https://www.marketresearchfuture.com/reports/ad-blue-market-790

Aromatic Market:
https://www.marketresearchfuture.com/reports/aromatics-market-930

Anhydrite Market:
https://www.marketresearchfuture.com/reports/anhydrite-market-1618

Calcium Fluoride Market:
https://www.marketresearchfuture.com/reports/calcium-fluoride-market-1648

Antistatic Agent Market:
https://www.marketresearchfuture.com/reports/antistatic-agent-market-1735

Middle East & Africa Color Masterbatch Market:
https://www.marketresearchfuture.com/reports/middle-east-africa-color-masterbatch-market-2968

N-Vinylformamide Market:
https://www.marketresearchfuture.com/reports/n-vinylformamide-market-3318

Isatoic Acid Anhydride Market
https://www.marketresearchfuture.com/reports/isatoic-acid-anhydride-market-3325

Contact us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5Th Floor,
New York, New York 10013
United States of America
+1 628 258 0071
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Acetate Tow Market Set to Grow at a CAGR of 5.27% Between 2024 and 2032 here

News-ID: 3751677 • Views:

More Releases from Market Research Future (MRFR)

Tofu Market to Reach USD 2.7 Billion by 2032 at 9.01% CAGR Driven by Rising Plant-Based Food Preferences
Tofu Market to Reach USD 2.7 Billion by 2032 at 9.01% CAGR Driven by Rising Plan …
The global tofu market is poised for substantial growth over the next decade, projected to reach an impressive valuation of USD 2.7 billion by 2032. This expansion reflects a compound annual growth rate (CAGR) of 9.01% from 2024 to 2032, fueled by a surge in consumer demand for plant-based foods and an evolving global food culture. As more consumers seek healthier and sustainable alternatives to animal-based protein sources, tofu has
Plant-Based Food Ingredients Market to Hit USD 40.2 Billion by 2035 at 7.96% CAGR Driven by Health & Sustainability
Plant-Based Food Ingredients Market to Hit USD 40.2 Billion by 2035 at 7.96% CAG …
The global plant-based food ingredients market is witnessing remarkable growth, propelled by an increasing shift in consumer preferences toward healthier and more sustainable food options. According to recent market research by Market Research Future, the market was valued at USD 16.03 billion in 2023 and is projected to reach an impressive USD 40.2 billion by 2035. This growth trajectory is expected to continue at a compound annual growth rate (CAGR)
Semolina Market to Reach USD 2.57 Billion by 2032 at 2.31% CAGR, Driven by Health Trends & Flour Mill Growth
Semolina Market to Reach USD 2.57 Billion by 2032 at 2.31% CAGR, Driven by Healt …
The global semolina market is poised for steady growth over the coming decade, with its valuation expected to reach USD 2.57 billion by 2032. According to the latest Market Research Future analysis, the market was valued at USD 2.12 billion in 2023 and is projected to expand from USD 2.14 billion in 2024 to USD 2.57 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 2.31% during the
Ginger Extract Market to Reach USD 2.18 Billion by 2034 at 5.4% CAGR Driven by Demand for Natural Ingredients
Ginger Extract Market to Reach USD 2.18 Billion by 2034 at 5.4% CAGR Driven by D …
The global ginger extract market is poised for substantial growth in the coming decade, with a projected valuation of USD 2.18 billion by 2034. According to the latest analysis from Market Research Future, the market was valued at USD 1.29 billion in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 5.4% from 2025 to 2034. This robust growth trajectory is largely fueled by increasing

All 5 Releases


More Releases for Acetate

Global Sodium Acetate Trihydrate And Sodium Acetate Anhydrous Market Size by App …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to Market Research Intellect, the global Sodium Acetate Trihydrate And Sodium Acetate Anhydrous market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period. The sodium acetate trihydrate and sodium acetate anhydrous market is experiencing steady growth, driven by their wide-ranging applications in industries
Ethylene Vinyl Acetate Market Report 2024 - Ethylene Vinyl Acetate Market Growth …
"The Business Research Company recently released a comprehensive report on the Global Ethylene Vinyl Acetate Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. Ready to Dive into Something Exciting? Get Your Free Exclusive
Cellulose Esters Market (Cellulose Acetate, Cellulose Acetate Butyrate, Cellulos …
The cellulose esters market is projected to grow from 9.27 billion in 2018 to USD 12.43 billion by 2023,at a CAGR of 6.0% from 2018 to 2023. The growing use of cellulose esters in various applications, increasing demand for cellulose esters from the Asia Pacific region, and ongoing technological advancements in various applications are leading to the growth of the cellulose esters market across the globe. Get Free Market Updates
Sodium Acetate Trihydrate and Sodium Acetate Anhydrous Market Current Trends and …
An uptick in the demand for sodium acetate trihydrate and sodium acetate anhydrous market will lead to moderately healthy growth in both these markets to 2020, says a latest study published by Transparency Market Research. The report, “Sodium Acetate Trihydrate and Sodium Acetate Anhydrous Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014-2020,” is composed of sharp insights and an array of informative tables and charts. The
Sodium Acetate Trihydrate and Sodium Acetate Anhydrous Market Latest Trends, Dem …
An uptick in the demand for sodium acetate trihydrate and sodium acetate anhydrous market will lead to moderately healthy growth in both these markets to 2020, says a latest study published by Transparency Market Research. The report, “Sodium Acetate Trihydrate and Sodium Acetate Anhydrous Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014-2020,” is composed of sharp insights and an array of informative tables and charts. The
Neuropeptide Y Acetate Market
Neuropeptide Y (NPY), a peptide with 36-amino acids, acts as a neurotransmitter in the autonomic nervous system (ANS). It is one of the most abundant neuropeptides in the central and peripheral nervous system. In the periphery, NPY is widely distributed in the adrenal medulla, in the sympathetic nerves, platelets, and various cell types within white adipose tissue. NPY in the central nervous systems is found in highest concentration within the