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1
Nitrocellulose Market 2030


Industry
Survey, Growth, Competitive Landscape

and Forecasts to
2030
2
Nitrocellulose Market 2030
Nitrocellulose Market 2030 Industry Survey,
Growth, CompetitiveLandscape and Forecasts to
2030
  • Nitrocellulose is known as guncotton and is a
    highly inflammable compound. Generally,
    nitrocellulose is added to inks or used for
    coatings and imparts unique characteristics such
    as excellent adhesion, superior drying
    properties, and high solubility.
  • According to the reports published by Market
    Research Future Reports, the global
    nitrocellulose market is set to proliferate by
    approximately USD 950 million by 2030.
  • High rates at which waterborne paints are sold
    should present significant opportunities to the
    market participants over the following years.
    Other factors fostering the market size can be
    frequent revisions in economic policies that aim
    to boost the lifespan of the existing buildings
    and other structures, which is quite likely to
    raise the market demand in the near future.

3
Nitrocellulose Market 2023
  • Competitive Landscape
  • The key players of global nitrocellulose market
    are Atomax Chemicals Co., Ltd., Nitro Quimica,
    Hubei Xuefei Chemical, Hengshui Orient Chemical
    Co., Ltd., Nobel NC, IVM Chemicals, Synthesia,
    antong Tailida Chemical Co., Ltd., and Nitro
    Chemical Industry Co., Ltd.
  • Enquiry of the Report https//www.marketresearchf
    uture.com/enquiry/2092

4
Nitrocellulose Market 2023
Regional Analysis
  • On a geographical note, Asia-Pacific region leads
    the nitrocellulose market in terms of both,
    volume and value, which is expected to
    proliferate significantly at a higher CAGR by
    2022. In the Asia Pacific, China has been a
    significant revenue generating country owing to
    growing end-user industry and an increase in the
    consumption rate of chemicals by manufacturers.
    Also, substantial expansion scope in the
    automotive industry in India, South Korea
    Taiwan, and leather industries in Vietnam may
    enhance the market growth. Besides, a surge in
    personal care and cosmetic products demands from
    the middle-class population may also stimulate
    the global nitrocellulose market substantially.
  • Whereas, North America for second market share in
    this segment. North America led by the U.S.
    nitrocellulose market may also witness gains of
    market by the end of the forecast period. U.S.
    market, driven by wood coatings and printing ink
    applications segment along with increased
    spending on lifestyle products and growing
    e-commerce industry may boost regional market
    growth during the projected period.
  • Europe is now estimated to witness moderate
    growth on account of rising demand from the
    automotive sector. Furthermore, stringent
    regulations for the storage and usage of this
    product have led to increased innovation and
    development in this sector. Access Full Report
    Details and Order this Premium Report
    _at_  https//www.marketresearchfuture.com/reports/n
    itrocellulose-market-2092requestForTOC
  •  


5
Nitrocellulose Market 2023
Application Major Players in this Research
  • In the reports by MRFR, the global nitrocellulose
    market has been segmented based on the product,
    application, and region for the forecasted period
    2016 to 2022.
  • Segmentation by product, the market is
    categorized as M grade cellulose, E grade
    cellulose, and others. In M grade cellulose,
    nitrocellulose is highly applied in consumer
    products such as thickener and emulsifier in
    lubricants in nutritional supplement capsules and
    others.
  • Based on application, the global nitrocellulose
    market is segmented into printing inks,
    automotive paints, wood coatings, leather
    finishes, nail varnishes, and others. Out of
    which, print inking inks is driven by technology
    advancement and eco-friendly inks and is the
    largest application industry of nitrocellulose
    market. While automotive paints are the second
    largest segment in Nitrocellulose, on the other
    hand, wood coating manufacturing process also
    highly utilize nitrocellulose, as it has the
    ability to coat multiple time and it is
    user-friendly. Due to these factors
    nitrocellulose is expected to witness significant
    growth in the forecasted period.

6
ABOUT US
MARKET RESEARCH FUTURE At Market Research Future
(MRFR), we enable our customers to unravel the
complexity of various industries through our
Cooked Research Report (CRR), Half-Cooked
Research Reports (HCRR), Raw Research Reports
(3R), Continuous-Feed Research (CFR), and Market
Research Consulting Services. MRFR team have
supreme objective to provide the optimum quality
market research and intelligence services to our
clients. Our market research studies by products,
services, technologies, applications, end users,
and market players for global, regional, and
country level market segments, enable our clients
to see more, know more, and do more, which help
to answer all their most important questions. In
order to stay updated with technology and work
process of the industry, MRFR often plans
conducts meet with the industry experts and
industrial visits for its research analyst
members. For more information kindly visit
www.marketresearchfuture.com or contact us at
info_at_marketresearchfuture.com Copyright 2018
Market Research Future All Rights Reserved. This
document contains highly confidential information
and is the sole property of Market Research
Future. No part of it may be circulated, copied,
quoted, or otherwise reproduced without the
written approval of Market Research Future.
7
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