Global Cellulose Acetate Butyrate Market is Anticipated to Reach USD 997.8 Million by 2025


Free Press Release DB | Press Release Date : Sep 6, 2017  Download


Cellulose Acetate Butyrate Market is Expected to Grow by 2025 due to Growing Consumer Demand for Paints & Coatings


 

The global Cellulose Acetate Butyrate Market is anticipated to reach USD 997.8 million by 2025, driven by the growing consumer demand for paints & coatings, lacquers, and printing inks. Increasing construction activities and growing automobile production are expected to bolster the growth of the market further.

 

Paints & coatings made with cellulose acetate butyrate are used in various applications including automotive plastics, leather, plastic, wood, aviation, medical & healthcare, and architecture. The global CAB market for paints & coatings market is expected to reach USD 532 million by 2025.

 

Increasing infrastructure spending coupled with increasing automobile production in Asia Pacific is projected to drive the demand for paints & coatings, which in turn is expected to influence the demand for CAB positively. The market is anticipated to grow at a volume CAGR of 3.8% over the next eight years.

 

Browse Details of Report @

https://www.hexaresearch.com/research-report/cellulose-acetate-butyrate-cab-market

 

 

Printing inks are expected to be another lucrative segment for the CAB market, with the introduction and implementation of mandatory labelling regulations by various regulatory authorities including FDA. Reducing the weight of a packaging coupled with stringent regulations to print all the information regarding the packed product is expected to augment the demand for printing inks that are not affected by external environment conditions. The segment is expected to grow at a volume CAGR of 3.2% over the projected period.

 

Some of the key players in the market with a global presence include Eastman, Mitsubishi Rayon and Diacel and Celanese. Other vendors in the market include Xiamen Hisunny Chemical Co., Ltd., Chemos GmbH & Co. KG, Haihang Industry Corporation, and Simagchem Corporation. With the relative growth in demand from the end-use markets such as paints and coatings, lacquers, and printing inks, the market is expected to witness an upward move over the forecast period.

 

Technology advancement along with expansion in capacity and development in R&D facility is expected to be a key trend in the CAB market over the coming years. Companies are focusing on developing the product with properties such as increased hardness, durability, low moisture absorption and high impact strength. Product innovation is anticipated to result in increasing the application scope of the product, thereby, propelling its growth over the next few years.

 

Hexa Research has segmented the global cellulose acetate butyrate (CAB) market on the basis of application and region:

 

Segmentation by application, 2014 - 2025 (Tons) (USD Million)

• Printing inks

• Paints & Coatings

• Lacquers

• Others

 

Segmentation by region, 2014 - 2025 (Tons) (USD Million)

• North America

    • U.S.

• Europe

    • Germany

    • U.K.

• Asia Pacific

    • China

    • Japan

• Central and South America

• Middle East and Africa

 

Key players analyzed:

• Eastman Chemical

• Mistubishi Rayon

• Diacel

• Celanese

• Xiamen Hisunny Chemical Co., Ltd

 

• Chemos GmbH & Co.KG

• Haihang Industry Corporation

• Simagchem Corporation

• Rotuba Extruders, Inc.

• Nantong Acetate Fiber Co., Ltd.

 

Browse Related Category Market Reports @

https://www.hexaresearch.com/research-category/bulk-chemicals-industry




Contact Person & Company

Name

:

Carrol Topp

Company

:

Hexa Research

Contact Numbers

Telephone No.

:

8004893075

Fax No.

:

8004893075

Handphone No.

:

8004893075

Website

Website 1

:

Website 2

:

Youtube

:

PR Tags

:

Cellulose Acetate Butyrate, Cellulose Acetate Butyrate Market, Cellulose Acetate Butyrate Industry, Cellulose Acetate Butyrate Market Demand,

Address

Felton Office Plaza

6265 Highway 9

95018, Felton

California


Contact The Author



Contact Carrol Topp






More Press Release From Author



Worldwide Organic Personal Care Product Market to Reach $27.08 Billion by 2024


Free Press Release DB :

Organic Product Retailers are Transforming the Organic Personal Care Products Industry --> Read This Press Release !



By : Ryan, Shaw ( Mar 20, 2018 )
Category : Beauty and Fitness Press Release | Country : United States Press Release




Worldwide Bioplastic Packaging Business Sector to Achieve USD 34.24 Billion by 2024


Free Press Release DB :

It is expected to witness significant growth on account of rising consumer awareness regarding the harmful effects of synthetic plastics on the ecology. --> Read This Press Release !



By : Ryan , Shaw ( Mar 19, 2018 )
Category : Business Press Release | Country : United States Press Release




Global Titanium Dioxide (TiO2) Market is Expected to Reach USD 27.49 Billion by 2024


Free Press Release DB :

It is expected to witness significant growth on account of its increasing use in paints, plastics, paper & pulp, cosmetics, inks, fibers, rubber, food and pharmaceuticals. --> Read This Press Release !



By : Ryan, Shaw ( Mar 19, 2018 )
Category : News Press Release | Country : United States Press Release





Read More Articles From Carrol Topp



Disclaimer

The author of the press releases are solely responsible for the content of their press releases. Freepressreleasedb.com can't be held liable for the content posted by author. Please check the accuracy of the press release before using the press release. If necessary please contact the author. Thank you.




Report Abuse