Press release
Global Nitrocellulose Market Booming At CAGR Of 6.92% Between 2017-2021
Nitrocellulose is also known as cellulose nitrate that is a mixture of nitric esters of cellulose and nitric acid. Though the compound is highly flammable, it is non-toxic in nature. It can be used in various industries by altering the percentage of nitrogen content in the compound. Nitrocellulose appears as pulpy cotton like solid when dry and clear liquid to semi-solid when dissolved in alcohol, acetone, or an ether-alcohol mixture. Nitrocellulose containing a low concentration of nitrogen is soluble in acetone but not in an ether-alcohol mixture.
Technavios analysts forecast the global nitrocellulose market to grow at a CAGR of 6.92% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global nitrocellulose market for 2017-2021. To calculate the market size, the report considers the retail selling price the average selling price of the product.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Nitrocellulose Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
DowDuPont
Manuco
Nitro Qumica
Synthesia
Tembec
Other prominent vendors
Eurenco
Hagedorn
HENGSHUI ORIENT CHEMICAL CO.
Jiangsu Tailida Group
Nitrex Chemicals India
Nitro Chemical Industry
Nitrochemie
T.N.C. INDUSTRIAL
Market driver
Growth in furniture industry
For a full, detailed list, view our report
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Market challenge
Volatile prices of raw materials used in paint production
For a full, detailed list, view our report
Market trend
Growing popularity of natural wood coating technology
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
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PART 04: Introduction
Market outline
PART 05: Market landscape
Market size and forecast
Five forces analysis
PART 06: Market segmentation by application
Global nitrocellulose market segmentation by application
Global nitrocellulose market in printing ink segment
Global nitrocellulose market in automotive paint segment
Global nitrocellulose market in wood coating segment
Global nitrocellulose market in leather finishes segment
Global nitrocellulose market in others segment
PART 07: Geographical segmentation
Global nitrocellulose market by geography
Nitrocellulose market in APAC
Nitrocellulose market in EMEA
Nitrocellulose market in Americas
PART 08: Decision framework
PART 09: Drivers and challenges
Market drivers
Market challenges
PART 10: Market trends
Increasing use of nitrocellulose as propellants
Growing popularity of natural wood coating technology
Electropainting: Future of coating process
Vendor landscape
Competitive scenario
Other prominent vendors
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