Home Industry Reports Custom Research Blogs About Us Contact us

Cellulose Esters Market Size & Share, By Type (Cellulose Acetate, Cellulose Acetate Butyrate), Application (Coatings, Plasticizers, Cigarette Filters), Regional Forecast, Industry Players, Growth Statistics Report 2024-2035

Report ID: FBI 2248


Published Date: Mar-2024


Format : PDF, Excel

Market Outlook:

Cellulose Esters Market size exceeded USD 12.46 Billion in 2023 and is estimated to cross USD 23.95 Billion by 2035, growing at over 7.48% CAGR during 2024 to 2035.

Base Year Value (2023)

USD 12.46 Billion

19-23 x.x %
24-35 x.x %

CAGR (2024-2035)


19-23 x.x %
24-35 x.x %

Forecast Year Value (2035)

USD 23.95 Billion

19-23 x.x %
24-35 x.x %
Cellulose Esters Market

Historical Data Period


Cellulose Esters Market

Largest Region

Asia Pacific

Cellulose Esters Market

Forecast Period


Get more details on this report -

Market Dynamics:

Cellulose esters are a group of natural and synthetic chemical compounds that are derived from cellulose, a natural polymer found in plants. These compounds are widely used in various industries such as pharmaceuticals, food and beverages, textiles, and cosmetics, among others. The global cellulose esters market is experiencing significant growth due to various growth drivers and opportunities, but it also faces industry restraints and challenges.

Growth Drivers & Opportunities:

One of the key growth drivers for the cellulose esters market is the increasing demand for eco-friendly and sustainable products. With the growing awareness about environmental sustainability, there is a rising demand for cellulose esters as they are biodegradable and renewable. Additionally, the expanding pharmaceutical and food and beverage industries are driving the demand for cellulose esters, particularly in applications such as coatings, film formers, and thickeners.

Furthermore, the increasing investment in research and development activities by major players in the cellulose esters market is creating new opportunities for product innovation and development. The development of advanced cellulose ester products with enhanced properties such as improved stability, solubility, and compatibility is expected to drive market growth in the coming years.

Report Scope

Report CoverageDetails
Segments CoveredBy Type, Application
Regions Covered• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company ProfiledDaicel, Acordis Cellulostic Fibers, Mitsubishi Chemical Holdings, Sichuan Push Acetati, Rayonier Advanced Materials, and Sappi.

Unlock insights tailored to your business with our bespoke market research solutions - Click to get your customized report now!

Industry Restraints & Challenges:

Despite the positive growth drivers, the cellulose esters market also faces certain restraints and challenges. The high cost of production and raw materials is a major restraint for market growth. Additionally, the availability of alternative products and substitutes in the market, such as synthetic polymers and other cellulose derivatives, poses a challenge to the growth of the cellulose esters market.

Moreover, the stringent regulations and standards imposed by regulatory authorities regarding the use and production of cellulose esters in various end-use industries are also a challenge for market players. These regulations can impact the overall production and distribution of cellulose esters, thereby affecting market growth.

Report Coverage & Deliverables

Historical Statistics Growth Forecasts Latest Trends & Innovations Market Segmentation Regional Opportunities Competitive Landscape
Cellulose Esters Market
Cellulose Esters Market

Regional Forecast:

North America:

North America is expected to be a significant market for cellulose esters due to the presence of a well-established pharmaceutical and food and beverage industry. The region's stringent regulations regarding the use of eco-friendly and sustainable products are expected to drive the demand for cellulose esters. Additionally, the growing demand for specialty coatings and films in the region is expected to fuel market growth.

Asia Pacific:

The Asia Pacific region is anticipated to witness substantial growth in the cellulose esters market due to the increasing demand from emerging economies such as China and India. The region's rapid industrialization and urbanization are driving the demand for cellulose esters in various applications such as textiles, cosmetics, and pharmaceuticals. Furthermore, the availability of raw materials at a lower cost and the presence of large-scale manufacturers in the region are expected to contribute to market growth.


Europe is expected to be a prominent market for cellulose esters owing to the high demand for sustainable and eco-friendly products in the region. The stringent environmental regulations and increasing awareness about sustainable packaging and coatings are driving the demand for cellulose esters in Europe. Additionally, the presence of key players and ongoing research and development activities in the region are expected to further propel market growth.

In summary, the global cellulose esters market is driven by the increasing demand for eco-friendly and sustainable products, particularly in the pharmaceutical, food and beverage, and coatings industries. However, challenges such as high production costs and stringent regulations pose a threat to market growth. Nevertheless, the market is expected to witness significant growth across regions such as North America, Asia Pacific, and Europe, driven by various opportunities and market dynamics.

Get more details on this report -

Segmentation Analysis:

Acetate Esters:

Acetate esters are a significant sub-segment of the cellulose esters market. These esters are widely used in industries such as textiles, film and sheet casting, and in the manufacture of cigarette filters. The demand for acetate esters is driven by their excellent film-forming and plasticizing properties. In the textile industry, acetate esters are utilized in the production of high-quality fabrics, while in the film and sheet casting industry, they are used for manufacturing photographic films, X-ray films, and overhead transparencies. Additionally, acetate esters find extensive applications in the production of adhesives and coatings due to their high solubility in organic solvents.

Nitrocellulose Esters:

Nitrocellulose esters form another crucial sub-segment of the cellulose esters market. These esters are noted for their superior properties such as high tensile strength, transparency, and quick-drying characteristics, making them suitable for use in the production of lacquers, paints, and inks. In the automotive industry, nitrocellulose esters are employed as binders for coatings to impart gloss, durability, and abrasion resistance to the finished products. Furthermore, the nitrocellulose esters are extensively utilized in the manufacture of wood finishes and furniture coatings owing to their excellent adhesion, chemical resistance, and fast-drying nature. Their applications also extend to the production of nail enamels and printing inks, where they offer enhanced color retention and gloss.

Get more details on this report -

Competitive Landscape:

The cellulose esters market features a highly competitive landscape with numerous key players vying for market share. Some of the prominent market players include Eastman Chemical Company, Solvay S.A., Mitsubishi Rayon Co. Ltd., Daicel Corporation, Celanese Corporation, Sappi Limited, Sichuan Push Acetati Co. Ltd., and Acordis Cellulostic Fibers. These companies are actively engaged in strategies such as new product launches, mergers and acquisitions, and collaborations to maintain their competitive edge in the market. Additionally, they are focusing on research and development activities to introduce innovative cellulose esters products that cater to the evolving requirements of various end-user industries.

Furthermore, the market players are also emphasizing on expanding their production capacities and geographical presence to serve a wider customer base. The intensifying competition among the key players is leading to a constant influx of advanced cellulose esters products, driving technological innovation and product development in the market. Additionally, these players are also striving to enhance their sustainability profile by adopting eco-friendly manufacturing processes and investing in renewable raw materials to meet the growing demand for environmentally responsible cellulose esters products.

In conclusion, the cellulose esters market is poised for significant growth, driven by the increasing demand from end-user industries such as textiles, packaging, coatings, and automotive. The diverse applications and superior properties of cellulose esters make them a preferred choice for manufacturers across various sectors. As market players continue to invest in R&D and innovation, the cellulose esters market is expected to witness further advancements and robust growth in the coming years.

Our Clients

Why Choose Us

Specialized Expertise: Our team comprises industry experts with a deep understanding of your market segment. We bring specialized knowledge and experience that ensures our research and consulting services are tailored to your unique needs.

Customized Solutions: We understand that every client is different. That's why we offer customized research and consulting solutions designed specifically to address your challenges and capitalize on opportunities within your industry.

Proven Results: With a track record of successful projects and satisfied clients, we have demonstrated our ability to deliver tangible results. Our case studies and testimonials speak to our effectiveness in helping clients achieve their goals.

Cutting-Edge Methodologies: We leverage the latest methodologies and technologies to gather insights and drive informed decision-making. Our innovative approach ensures that you stay ahead of the curve and gain a competitive edge in your market.

Client-Centric Approach: Your satisfaction is our top priority. We prioritize open communication, responsiveness, and transparency to ensure that we not only meet but exceed your expectations at every stage of the engagement.

Continuous Innovation: We are committed to continuous improvement and staying at the forefront of our industry. Through ongoing learning, professional development, and investment in new technologies, we ensure that our services are always evolving to meet your evolving needs.

Value for Money: Our competitive pricing and flexible engagement models ensure that you get maximum value for your investment. We are committed to delivering high-quality results that help you achieve a strong return on your investment.

Select Licence Type

Single User

US$ 4250

Multi User

US$ 5050

Corporate User

US$ 6150

Cellulose Esters Market Size & Share, By Type (Cel...

RD Code : 24