Press release
Cellulose Acetate Market Expected to Achieve 8.1% CAGR by 2029: Growth Forecast Insights
Cellulose Acetate Market
Cellulose Acetate Market Size Growth Forecast: What to Expect by 2025?
In the past few years, the cellulose acetate market has shown robust growth. The market size is forecasted to increase from $5.44 billion in 2024 to $5.82 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period has been primarily due to sectors including film and photography, cigarette filters, textiles, consumer goods manufacturing, high demand for acetate tow, and a rise in biomedical applications.
How Will the Cellulose Acetate Market Size Evolve and Grow by 2029?
Expectations are high for a substantial rise in the cellulose acetate market in the upcoming years, with forecasts predicting growth to $7.94 billion by 2029 and a compound annual growth rate (CAGR) of 8.1%. The predicted growth in the forecast period can be linked to a move towards biodegradable materials, a growing eyewear market, advances in the biomedical field, the development of the textile industry, and the emergence of sustainable fashion trends. Key trends that will characterize the forecast period include bio-based cellulose acetate, bespoke acetate blends, cellulose acetate butyrate, advancements in film and coating applications, as well as market consolidations and acquisitions.
View the full report here:
https://www.thebusinessresearchcompany.com/report/cellulose-acetate-global-market-report
What Drivers Are Propelling the Growth of Cellulose Acetate Market Forward?
The cellulose acetate market's expansion is anticipated to be fueled by a rise in cigarette consumption. Economic growth and population increase are expected to cause an upswing in cigarette use in several low to middle income countries. The main use of cellulose acetate is in the production of cigarette filters, which make up a significant majority of filters worldwide. These filters play a key role in eliminating tar and nicotine, while maintaining a satisfying taste for the smoker. As an example, in March 2022, data from the Centers for Disease Control and Prevention, a US health agency, indicated that nearly 40 million U.S. adults were current cigarette smokers and approximately 2.55 million middle and high school students had used at least one tobacco product, including e-cigarettes. Additionally, each day sees about 1,600 U.S. minors under 18 trying their first cigarette. Thus, the escalating use of cigarettes stimulates the growth of the cellulose acetate market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5585&type=smp
Which Emerging Trends Are Transforming the Cellulose Acetate Market in 2025?
Key firms in the cellulose acetate market are adopting strategic alliances to secure a market advantage. The aim of these collaborations is to create innovative products to meet the increasing demand for high-performance materials in 5G mmWave applications. For instance, in June 2023, Celanese Corporation, a material company in the US, formed a partnership with Micromax Electronic Inks and Pastes, which is a Celanese Corporation brand, and the Industrial Technological Research Institute (ITRI), a research institute in Taiwan. The objective of this collaboration is to use Celanese's expertise in cellulose acetate and Micromax's knowledge in conductive inks and pastes to create high-performance materials for 5G wireless devices.
What Are the Key Segments in the Cellulose Acetate Market?
The cellulose acetate market covered in this report is segmented -
1) By Type: Fiber, Plastics
2) By Product: Cellulose Acetate Filament, Cellulose Ester Plastics, Cellulose Acetate Tow, Cellulose Acetate, Flakes, Other Products
3) By Application: Cigarette Filters, Textiles And Apparel, Photographic Films, Tapes And Labels, Other Applications
Subsegments:
1) By Fiber: Acetate Tow, Acetate Staple Fiber
2) By Plastics: Cellulose Acetate Butyrate (CAB), Cellulose Acetate Propionate (CAP), Cellulose Acetate Sheets, Cellulose Acetate Film
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=5585&type=smp
Who Are the Key Players Shaping the Cellulose Acetate Market's Competitive Landscape?
Major companies operating in the cellulose acetate market include Sichuan Push Acetati Co. Ltd., China National Tobacco Corporation, Dayang Chem (Hangzhou) Co. Ltd., Mitsubishi Chemical Holdings Corporation, Asahi Kasei Corporation, Toray Industries Inc., Solvay S.A., Eastman Chemical Company, Celanese Corporation, Showa Denko K.K., Teijin Limited, Sappi Limited, Kaneka Corporation, Daicel Corporation, Kuraray Co. Ltd., Toyobo Co. Ltd., SK Chemicals Co. Ltd., Rayonier Advanced Materials Inc., Nippon Acetate Co. Ltd., Mazzucchelli 1849 S.p.A., Unitika Ltd., Cerdia International GmbH, Borregaard ASA, Acetex Corporation, Tianjin NAT Technology Co. Ltd., Rotuba Extruders Inc., Haihang Industry Co. Ltd., Youngbo Textile Co. LTD., Acetati S.p.A., Acetylation Industries Inc.
What Geographic Markets Are Powering Growth in the Cellulose Acetate Market?
Asia-Pacific was the largest region in the cellulose acetate market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cellulose acetate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5585
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas - +1 310-496-7795 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Cellulose Acetate Market Expected to Achieve 8.1% CAGR by 2029: Growth Forecast Insights here
News-ID: 4109363 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
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…
