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Cellulose Acetate Market - Size, Share, Growth, Trends and Forecast, 2015 – 2023

  • Date Submitted: 09/30/2015 10:59 PM
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Transparency Market
Research
Cellulose Acetate Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast, 2015 - 2023

Published Date
30-Sept-2015

173 Page Report

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Press Release

Contraction in Cigarette Demand Impacts Cellulose Acetate
Consumption; Market to Show Tepid CAGR of 3.6% till 2023 :
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Cellulose Acetate Market

REPORT DESCRIPTION
Cellulose Acetate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 2023
Transparency Market Research has published a new report titled “Cellulose Acetate Market - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2023.” According to the report, the
global cellulose acetate market was valued at US$4.88 bn in 2014 and is anticipated to reach US$ 6.72 Bn in
2023, expanding at a CAGR of 3.6% between 2015 and 2023.
Browse the full Cellulose Acetate Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast, 2015 - 2023 report at : http://www.transparencymarketresearch.com/cellulose-acetate-market.html
High demand for cellulose acetate in cigarette filters due to rise in consumption of cigarettes and apparel
consumption in developing regions, especially Asia Pacific, has been driving the cellulose acetate market
during the past couple of years. Cellulose acetate is primarily employed in cigarette filters, textile & apparel,
and extrusion & molding applications. Increase in disposable income and changes in lifestyle of consumers in
developing countries such as China, Brazil, Indonesia, and India are projected to fuel demand for cigarettes,
textiles, and plastics. This, in turn, is expected to boost demand for cellulose acetate due to its eco-friendly
attributes. Consumption of cellulose acetate in eyewear frames and food packaging applications...

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