Cellulose-Based Plastics Market Insights, Outlook, Industry Analysis, Share, Trends, Applications, Types and Forecasts 2028
Increasing demand for cellulose-based plastics
in packaging and stringent regulations to curb use of single-use plastics is
driving market revenue growth
The latest
market study titled ‘Global Cellulose-Based Plastics Market’, released by
Emergen Research, takes note of the most prominent growth potentials of the
market, which assists industry stakeholders in comprehending the most recent
market trends and growth prospects, besides helping them determine the
prevailing growth opportunities and competitive scenarios of the market. The
report offers insightful data and information gathered from a wide range of
primary and secondary sources. Furthermore, the report, which has been
scrutinized using various essential tools, provides a clear image of the growth
potential of the market over the forecast timeframe and helps investors
identify market scope and opportunities accurately.
The global cellulose-based plastics market size
is expected to reach USD 176.5 Million at a steady CAGR of 17.5% in 2028,
according to latest analysis by Emergen Research. Global cellulose-based
plastics market revenue growth is driven by rising demand for cellulose acetate
in electronics and food packaging applications, and the trend is expected to
continue over the forecast period.
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the report description: https://www.emergenresearch.com/request-sample/668
Cellulose-based plastics are used to produce cellophane,
thermoplastic products, ophthalmic goods, toys, and sheets, among others.
Increase in implementation of stringent regulations regarding use of
conventional plastics due to environmental concerns and ban on use of various
plastics has created rising demand for cellulose-based plastics that are
produced from renewable raw materials. Cellulose-based plastics are also
biodegradable, which is another factor driving market revenue growth.
The report comprises a
detailed analysis of the vital elements of the Cellulose-Based Plastics market,
including key drivers, constraints, opportunities, limitations, threats, and
micro- and macro-economic factors.
Key
players in the Cellulose-Based Plastics market include
Celanese Corporation, Solvay, Daicel Chemical Industries, Mitsubishi Rayon
Company Limited, Eastman Chemical Company, SK Chemicals Co. Ltd., Rayonier
Advanced Materials, Sappi, Merck Millipore, and Haihang Industry.
The report offers an
industry-wide and economy-wide analysis of the market along with supply and
demand dynamics, sales, and production and manufacturing capacity. It also
reviews the rate of production and consumption, sales network and distribution
channel, pricing analysis, profit margins, cost and demand volatility,
import/export, gross revenue, among others. Financial difficulties brought by
the pandemic have slowed down the progression of the businesses, and
disruptions in the supply chains have been seen. The report assesses the
comprehensive impact of the pandemic on the overall growth of the
Cellulose-Based Plastics market and offers a future impact assessment.
COVID Analysis
The research report draws
focus on the impact of the COVID-19
pandemic on the market and its crucial segments. It offers insights into
the effects of the pandemic on the global economic scenario and business
sphere. The report evaluates the key market influencing factors and considers
the COVID-19 pandemic as one of the contributing elements.
With a major focus on the growth trajectories of each
segment of the market, the report inspects the operating patterns of each
market contender, for instance, partnerships & collaborations, mergers
& acquisitions, and new product launches, in a detailed manner.
Inquire To Know Additional List of
Market Players Included, Request Here: https://www.emergenresearch.com/purchase-enquiry/668
The Cellulose-Based
Plastics market intelligence report exhaustively examines the market value,
share, demand, growth prospects, latest and historical trends, manufacturers,
gross revenue collection, competitive terrain, market growth forecast,
available products, and end-use applications.
·
Type Outlook (Revenue, USD
Million; 2018–2028)
o Cellulose
Butyrate
o Cellulose
Acetate
o Cellulose
Propionate
o Others
·
Application Outlook (Revenue, USD
Million; 2018–2028)
o Thermoplastic
o Extruded
Films
o Rods
o Sheets
o Ophthalmic
Goods
o Others
(Toys, Sport Goods)
·
End-use Outlook (Revenue, USD
Million; 2018–2028)
o Food
Packaging
o Automotive
o Electronics
o Building/Construction
o Agriculture
Geographical Terrain of the Global
Cellulose-Based Plastics Market:
·
North America (U.S., Canada, and Mexico)
·
Europe (Germany, France, the U.K, Russia,
and Italy)
·
Asia Pacific (China, Japan, Korea, India,
and Southeast Asia)
·
Latin America (Brazil, Argentina,
Colombia, etc.)
·
Middle East & Africa (Saudi Arabia,
UAE, Egypt, Nigeria, and South Africa)
Market
Estimation Timeline:
Historical Years:
2017-2018
Base Year: 2019
Estimated Year: 2027
Forecast Years: 2020-2027
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knowledge base of cutting-edge and potentially market-disrupting technologies
that are predicted to become more prevalent in the coming decade.
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