Mi. Okt 16th, 2024

Global Cellulose Acetate market is anticipated to expand significantly through 2028 due to the growing demand for cigarette filters. In 2016, 53930 metric tonnes of cigarette filters were produced in South Korea.

Global Adhesive Film market is expected to expand during the projected period due to increasing demand for cigarette filters as it is highly effective at reducing the amount of tar and other harmful substances that are inhaled when smoking.  Cellulose acetate is used as a substitute for plastic across various industries as it is biodegradable. Cellulose Acetate is an ester of cellulose prepared by reacting cellulose with acetic acid and acetic anhydride in presence of sulfuric acid. The major factors propelling the industry’s growth globally include technological advancements across various applications and growth in product requirements. In addition, it is projected that increasing consumer demand for packaging would fuel market expansion. Since these biodegradable plastic alternatives are used to wrap organic food, they are employed for both rigid and flexible packaging applications.

For Instance, Industrias del Acetato de Celulosa S.A. (INACSA) was purchased by Eastman Chemical Firm, a US-based chemical company, in July 2019. With the purchase of INACSA, Eastman gains a renowned yarn producer and a site in Europe, enhancing its capacity to support the global textile supply chain. The firm Industrias del Acetato de Celulosa S.A. (INACSA) is situated in Spain and produces cellulose acetate.

Moreover, cellulose acetate also be used as a thickener and viscosity enhancer in cosmetic formulations which is particularly useful in products such as lotions, creams, and gels, where it can improve the texture and feel of the product on the skin. Cellulose acetate can also increase the stability of these products, helping to prevent separation and improve shelf life. In addition, cellulose acetate also acts as a humectant that helps to attract and retain moisture in the skin, improving hydration and overall skin health by forming a barrier that prevents moisture loss, making it an ideal ingredient in moisturizers and other hydrating products.

For instance, Daicel Corporation produced BELLOCEA a spherical cellulose acetate for cosmetics.

Therefore, the growing utilization of cellulose acetate in various application anticipates the growth of Global Cellulose Acetate Market in the forecast years.

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Growing Demand for Cigarette Filters

Filter tobacco, additives, cigarette wrappers, and tobacco are the four main components of cigarettes. Cigarette filters are made to collect the particle smoke components and absorb the vapors from cigarettes. Filters also offer a mouthpiece that won’t collapse while the cigarette is smoked and stop tobacco from entering the smoker’s mouth. Most cigarette filters are now composed of cellulose acetate, with some also made of paper and rayon. A filter resembling cotton may be made by firmly packing two fragile cellulose acetate fibers. The flavor of cellulose acetate won out over a number of other materials that were explored.

Moreover, the need for cellulose acetate is also anticipated to rise due to advancements like new flavored cigarette filters with flavors including methanol, clove chocolate, and others, accelerating the growth of the cellulose acetate market in the upcoming years.

For instance, in 2022, India’s government approved the Interest Equalization Scheme (IES) extension till 2024. The rates for IES have been revised as 3% for MSMEs (tobacco products have MSME registration) and 2% for manufacturers and merchant exporters.

Additionally, cellulose acetate also helps in the water treatment process as it is used as a membrane material for reverse osmosis (RO) and nanofiltration (NF) membranes. Cellulose acetate membranes have high selectivity, high flux, and low fouling rate thus these membranes are used to remove impurities, including dissolved solids and organic molecules, from water by applying pressure to the water, which result in water to pass through while retaining the impurities, resulting in purified water.  These cellulose acetate membranes also provide resistance to chlorine and other oxidizing agents, which can cause degradation in other membrane materials.

For instance, Daicen Membrane-Systems Ltd of Daicel group produced a Hollow fiber membrane module (Large type) made of cellulose acetate used in water purification plants, RO pretreatment of wastewater, groundwater utilization systems.       

Thus, increasing the application of cellulose acetate in water treatment results in the growth of the market in the forecast period.

Development of Biodegradable Cellulose Acetate

Since plastics are increasingly negatively impacting the environment, manufacturers have begun to produce biodegradable cellulose acetate goods. Improved by biodegradable cellulose acetate, natural things like soil and water can decompose more quickly.

For instance, the US-based technology and specialty materials business Celanese Corporation introduced “Blue Ridge” in November 2020.

Straws can be made from Blue Ridge, a cellulose acetate product, or other broadly biodegradable items like backyard composting. This product addresses the circular economy goals and environmental, social, and governance standards. Therefore, the increasing demand for biodegradable cellulose acetate propels the growth of Global Cellulose Acetate market in the projected period.

Increasing Demand from the Textile & Apparel Industry

This product is used in the production of clothing by the textile industry. The material is also a more affordable substitute for silk, which has comparable attributes since it is silky, rich, and satiny. The porous and hydrophilic characteristics of cellulose acetate filament make it the preferred material for textile & apparel applications. Moreover, its comfortable, absorbent characteristics and easily dyed in many different colors make the material perfectly suitable for textile application.

For instance, Celanese Corporation produced cellulose acetate which is used in the dyeing and finishing of garments, fabrics, and yarns as well as in the manufacture of nonwovens along with this offer high temperature and chemical resistance, as well as elasticity and strength.

Additionally, cellulose acetate is widely used in the packaging industry as cellulose acetate is a versatile material that can be easily molded into various shapes and sizes and also combined with other materials such as paper or metal to create composite materials with improved performance characteristics. Cellulose acetate has good barrier properties against water vapor, oxygen, and other gases, which makes it suitable for packaging applications where product freshness and shelf life are important along with this their transparent and has excellent optical properties, making it an ideal material for packaging applications where visibility is important such as packaging cosmetics, food items including snacks, coffee, and other products. Unlike traditional plastics, which can take hundreds of years to break down, cellulose acetate is biodegradable and can be broken down by microorganisms in the environment. This makes it an attractive option for companies looking to reduce their environmental impact and meet sustainability goals which make it suitable for a wide range of packaging applications.

For instance, Eastman produces cellulose acetate (CA-398-3, Food Contact) which provides high strength and good resistance to ultraviolet light, heat, oils, and greases used in pack & carton coatings, packaging inks, tape & labels in food packaging.

All these factors led to the growth of Global Cellulose Acetate market in the upcoming years.

However, the manufacturing process for cellulose acetate requires large amounts of solvents and chemicals that can be harmful to the environment. As consumers become more environmentally conscious, there is a growing demand for more sustainable and eco-friendly alternatives such as bioplastics, bio-based materials, and recycled materials. Additionally, fluctuations in the supply and demand of raw materials can affect the price and availability of cellulose acetate as cellulose acetate is typically produced using wood pulp, and there is concern that the demand for this material could lead to deforestation and other negative environmental impacts which restrain the market growth. Moreover, growing awareness of the negative health impacts of smoking as well as decreasing interest in photographic films as instant and direct printing technology along with this, stringent rules imposed by the government regarding smoking as a ban on public smoking in many countries slow down the market growth.

 Recent Developments

  • In July 2022, MAX Phase Additive Material’s Benefits for cellulose membrane technology were investigated as a potential water treatment method.
  • According to a statement from Daicel Corporation, their CabfloTM cellulose acetate product received the “OK biodegradable MARINE” certification in September 2021.
  • In November 2020, Sappi, the industry leader in pulp dissolving, and Birla Cellulose, a key player in the textile value chain, established cooperation.
  • Eastman established a partnership with Rotuba to provide face shields made from cellulose acetate for healthcare workers in May 2020.

Market Segmentation

Global Cellulose Acetate Market is segmented based on type, application, and region. Based on the type, the market is categorized into fiber and plastic. Based on the application, the market is segmented into cigarette filters, textiles & apparel, photographic films, and others. Based on region, the market is divided into North America, Europe, Asia Pacific, South America, Middle East & Africa.

Market Players

Celanese Corporation, Daicel Corporation, Eastman Chemical Co., Rayonier Advanced Materials Inc., Sichuan Push Acetati Co, Ltd., CarboMer, Inc., Cerdia International GmbH, Deepak Cellulose Pvt Ltd, Rotuba Extruders Inc, Mitsubishi Chemical Holdings Corporation are some of the key players of Global Cellulose Acetate Market.

Attribute Details
Base Year 2022
Historic Data 2018 – 2021
Estimated Year 2023
Forecast Period 2024 – 2028
Quantitative Units Revenue in USD Million, Volume in Units, and CAGR for 2018-2022 and 2023-2028
Report coverage Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends
Segments covered Type

Application

Regional scope North America, Europe, Asia Pacific, South America, Middle East & Africa
Country scope United States, Mexico, Canada, France, Germany, United Kingdom, Spain, Italy, China, India, South Korea, Japan, Indonesia, Brazil, Argentina, South Africa, Saudi Arabia, UAE
Key companies profiled Celanese Corporation, Daicel Corporation, Eastman Chemical Co., Rayonier Advanced Materials Inc., Sichuan Push Acetati Co, Ltd., CarboMer, Inc., Cerdia International GmbH, Deepak Cellulose Pvt Ltd, Rotuba Extruders Inc, Mitsubishi Chemical Holdings Corporation
Customization scope 10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options Avail customized purchase options to meet your exact research needsExplore purchase options
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, global cellulose acetate market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:

  • Cellulose Acetate Market, By Type:
    • Fiber
    • Plastic
  • Cellulose Acetate Market, By Application:
    • Cigarette Filters
    • Textiles & Apparel
    • Photographic Films
    • Others
  • Cellulose Acetate Market, By Region:
    • North America
      • United States
      • Mexico
      • Canada
    • Europe
      • France
      • Germany
      • United Kingdom
      • Spain
      • Italy
    • Asia-Pacific
      • China
      • India
      • South Korea
      • Japan
      • Indonesia
    • South America
      • Brazil
      • Argentina
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE

Competitive landscape

Company Profiles: Detailed analysis of the major companies present in global cellulose acetate market.

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Table of Content-Cellulose Acetate Market

  1. Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

  1. Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

  1. Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

  1. Voice of Customer
  2. Global Cellulose Acetate Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value & Volume

5.2.  Market Share & Forecast

5.2.1.    By Type (Fiber, Plastic)

5.2.2.    By Application (Cigarette Filters, Textiles & Apparel, Photographic Films,           Others)

5.2.3.    By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)

5.2.4.    By Company (2022)

5.3.  Market Map

5.3.1.    By Type

5.3.2.    By Application

5.3.3.    By Region

  1. North America Cellulose Acetate Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value & Volume

6.2.  Market Share & Forecast

6.2.1.    By Type

6.2.2.    By Application

6.2.3.    By Country

6.3.  Pricing Analysis

6.4.  North America: Country Analysis

6.4.1.    United States Cellulose Acetate Market Outlook

6.4.1.1.        Market Size & Forecast

6.4.1.1.1.           By Value & Volume

6.4.1.2.        Market Share & Forecast

6.4.1.2.1.           By Type

6.4.1.2.2.           By Application

6.4.2.    Mexico Cellulose Acetate Market Outlook

6.4.2.1.        Market Size & Forecast

6.4.2.1.1.           By Value & Volume

6.4.2.2.        Market Share & Forecast

6.4.2.2.1.           By Type

6.4.2.2.2.           By Application

6.4.3.    Canada Cellulose Acetate Market Outlook

6.4.3.1.        Market Size & Forecast

6.4.3.1.1.           By Value & Volume

6.4.3.2.        Market Share & Forecast

6.4.3.2.1.           By Type

6.4.3.2.2.           By Application

  1. Europe Cellulose Acetate Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value & Volume

7.2.  Market Share & Forecast

7.2.1.    By Type

7.2.2.    By Application

7.2.3.    By Country

7.3.  Pricing Analysis

7.4.  Europe: Country Analysis

7.4.1.    France Cellulose Acetate Market Outlook

7.4.1.1.        Market Size & Forecast

7.4.1.1.1.           By Value & Volume

7.4.1.2.        Market Share & Forecast

7.4.1.2.1.           By Type

7.4.1.2.2.           By Application

7.4.2.    Germany Cellulose Acetate Market Outlook

7.4.2.1.        Market Size & Forecast

7.4.2.1.1.           By Value & Volume

7.4.2.2.        Market Share & Forecast

7.4.2.2.1.           By Type

7.4.2.2.2.           By Application

7.4.3.    United Kingdom Cellulose Acetate Market Outlook

7.4.3.1.        Market Size & Forecast

7.4.3.1.1.           By Value & Volume

7.4.3.2.        Market Share & Forecast

7.4.3.2.1.           By Type

7.4.3.2.2.           By Application

7.4.4.    Spain Cellulose Acetate Market Outlook

7.4.4.1.        Market Size & Forecast

7.4.4.1.1.           By Value & Volume

7.4.4.2.        Market Share & Forecast

7.4.4.2.1.           By Type

7.4.4.2.2.           By Application

7.4.5.    Italy Cellulose Acetate Market Outlook

7.4.5.1.        Market Size & Forecast

7.4.5.1.1.           By Value & Volume

7.4.5.2.        Market Share & Forecast

7.4.5.2.1.           By Type

7.4.5.2.2.           By Application

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