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Cellulose Esters Market Future Outlook, Share, and
Competitive Landscape 2025-2032
Cellulose Esters Market Size, Share & Industry Analysis (2025-2032)
According to Fortune Business Insights, The global cellulose esters market size was valued at USD
4.63 billion in 2024. The market is projected to grow from USD 4.87 billion in 2025 to USD 6.89
billion by 2032, exhibiting a CAGR of 5.1% during the forecast period.
The global cellulose esters market is projected to witness substantial growth from 2025 to 2032,
driven by increasing demand across diverse end-use industries such as textiles, food,
pharmaceuticals, paints & coatings, and construction. Cellulose esters are derived from natural
cellulose and are widely recognized for their superior film-forming, binding, and thickening
properties, making them highly valuable in a wide array of industrial applications.
The cellulose esters market size is anticipated to grow steadily over the forecast period, fueled
by innovations in biodegradable and sustainable materials. With increasing environmental
concerns and stricter regulations on synthetic polymers, cellulose esters are emerging as eco-
friendly alternatives.
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LIST OF KEY CELLULOSE ESTER COMPANIES PROFILED
Eastman Chemical Company (U.S.)
AkzoNobel (Netherlands)
Borregaard AS (Norway)
Daicel Corporation (Japan)
Sichuan Push Acetati Co., Ltd. (China)
Celanese Corporation (U.S.)
Alpha Chemika (India)
Mitsubishi Chemical Group Corporation (Japan)
RYAM (U.S.)
Georgia-Pacific (U.S.)
Key Market Segmentation
By Type:
1. Cellulose Acetate – Dominates the market due to its wide usage in textiles, photographic
films, and cigarette filters.
2. Cellulose Acetate Propionate (CAP) – Valued for high transparency and low odor, used in
personal care and packaging.
3. Cellulose Acetate Butyrate (CAB) – Popular in automotive coatings and plastic
applications for its toughness and flexibility.
4. Cellulose Nitrate – Used in lacquers and printing inks.
5. Others – Includes specialized esters for niche applications.
By End-Use Industry:
Textiles – Utilized for producing high-performance, breathable fabrics.
Food – Acts as a thickening and stabilizing agent in food formulations.
Chemical Synthesis – Used in making specialty chemicals and intermediates.
Pharmaceuticals – Enhances tablet coatings and drug delivery systems.
Construction – Incorporated into paints, adhesives, and sealants.
Paper & Pulp – Improves printability and strength.
Paints & Coatings – Enhances film properties and durability.
Others – Includes cosmetics, printing inks, and plastic products.
Market Drivers
Rising Demand for Eco-Friendly Materials: Cellulose esters are biodegradable and
derived from renewable sources, aligning with the global sustainability movement.
Growing Pharmaceutical and Food Sectors: Increased demand for safe and effective
excipients in drug and food formulations is driving market growth.
Boom in Automotive and Construction Sectors: High usage of CAB and CAP in coatings
and construction materials is positively influencing the market.
Technological Advancements: Innovations in manufacturing processes have improved
performance characteristics, enhancing product adoption.
Regional Insights
North America is a mature market, with strong demand from the pharmaceutical and
paints & coatings sectors.
Europe shows steady growth, driven by strict environmental regulations and focus on
green chemistry.
Asia Pacific is the fastest-growing region due to booming construction, automotive, and
food industries, particularly in China and India.
Latin America and the Middle East & Africa are emerging markets with increasing
industrial activities and urbanization.
Market Trends
Focus on Bio-Based Alternatives: Shift toward non-toxic, biodegradable cellulose esters.
Expansion in Personal Care Applications: Cellulose esters are increasingly used in
skincare and cosmetics.
Growth in 3D Printing: Cellulose-based materials are being explored for additive
manufacturing.
Competitive Landscape
Leading players in the cellulose esters market are focusing on strategic mergers, partnerships,
and capacity expansions to strengthen their market position. Continuous investment in R&D to
develop high-performance, sustainable cellulose ester variants is a core strategy.
The cellulose esters market is expected to grow consistently through 2032, underpinned by
sustainability trends and increasing demand from high-growth sectors. As industries seek
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alternatives to synthetic polymers, cellulose esters stand out as versatile, biodegradable
solutions aligned with circular economy principles.
The global cellulose esters market is poised for strong growth, driven by its multifaceted
applications and increasing preference for sustainable materials. Innovations in formulation and
application, along with favorable regulatory support, will further cement the role of cellulose
esters in the future of industrial chemistry.
Information
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113410
KEY INDUSTRY DEVELOPMENTS
July 2022: Eastman Chemical Company expanded its bio-based cellulose acetate
production capabilities. The investment focuses on sustainable manufacturing processes
to meet the growing demand for cellulose esters in packaging and coatings.
January 2022: Solvay launched a new cellulose acetate film designed for food packaging
applications, offering superior barrier properties to extend the shelf life of perishable
goods. This innovation supports the growing trend toward sustainable and biodegradable
packaging solutions.