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Cellulose-based Plastic-Global Market Insights and Sales Trends 2024
Synopsis
Cellulose-based plastic is basically a type of plastic – also called cellulose acetate – produced either by cotton linters or wood pulp. Since this plastic is manufactured from biodegradable raw material, it's safe for the environment and can be reused, recycled, and renewed.
The global Cellulose-based Plastic market size is expected to reach US$ 1065.8 million by 2029, growing at a CAGR of 5.5% from 2023 to 2029. The market is mainly driven by the significant applications of Cellulose-based Plastic in various end use industries. The expanding demands from the Food Packaging, Automotive, Electronics and Building and Construction, are propelling Cellulose-based Plastic market. Cellulose Butyrate, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Cellulose Acetate segment is estimated at % CAGR for the next seven-year period.
The food packaging market is by far the largest application sector in the packaging industry, accounting for more than a third of the global packaging market. Dramatic changes in food habits and processed food preferences are driving the food packaging market. The packaged food market in North America and Western Europe has already reached an overall level, and rapid lifestyle changes and economic growth, coupled with population growth in Asia-Pacific countries (such as China and India), have caused the growth rate of food packaging in the region to soar. South America and the Middle East are also experiencing higher growth rates than developed countries. The main reason for the increased preference for processed foods is the shift in population dynamics from rural areas to urban centers. This has led to the emergence of dual-income urban households that prefer processed foods due to time constraints. Packaged foods have evolved from supermarkets to community stores in countries such as China, India, Brazil and Thailand. However, the market dynamics in North America and Europe are controlled by the branding activities of food processing companies. The materials used for packaging food can also be segmented into plastic, paper and board, metal and glass. They can also be categorized by packaging material type as rigid, semi-rigid and flexible. The preference for different packaging materials also varies with region due to region-specific food habits.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Cellulose-based Plastic, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Cellulose-based Plastic market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Cellulose-based Plastic market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Cellulose-based Plastic sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Cellulose-based Plastic covered in this report include Celanese, Solvay, Daicel Chemical Industries, Mitsubishi Rayon Company, Eastman Chemical Company, SK Chemicals, Rayonier Advanced Materials, Sappi and Merck Millipore, etc.
The global Cellulose-based Plastic market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Celanese
Solvay
Daicel Chemical Industries
Mitsubishi Rayon Company
Eastman Chemical Company
SK Chemicals
Rayonier Advanced Materials
Sappi
Merck Millipore
Haihang Industry
Global Cellulose-based Plastic market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Cellulose-based Plastic market, Segment by Type:
Cellulose Butyrate
Cellulose Acetate
Cellulose Propionate
Others
Global Cellulose-based Plastic market, by Application
Food Packaging
Automotive
Electronics
Building and Construction
Sports and Leisure
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Cellulose-based Plastic manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Cellulose-based Plastic in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Cellulose-based plastic is basically a type of plastic – also called cellulose acetate – produced either by cotton linters or wood pulp. Since this plastic is manufactured from biodegradable raw material, it's safe for the environment and can be reused, recycled, and renewed.
The global Cellulose-based Plastic market size is expected to reach US$ 1065.8 million by 2029, growing at a CAGR of 5.5% from 2023 to 2029. The market is mainly driven by the significant applications of Cellulose-based Plastic in various end use industries. The expanding demands from the Food Packaging, Automotive, Electronics and Building and Construction, are propelling Cellulose-based Plastic market. Cellulose Butyrate, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Cellulose Acetate segment is estimated at % CAGR for the next seven-year period.
The food packaging market is by far the largest application sector in the packaging industry, accounting for more than a third of the global packaging market. Dramatic changes in food habits and processed food preferences are driving the food packaging market. The packaged food market in North America and Western Europe has already reached an overall level, and rapid lifestyle changes and economic growth, coupled with population growth in Asia-Pacific countries (such as China and India), have caused the growth rate of food packaging in the region to soar. South America and the Middle East are also experiencing higher growth rates than developed countries. The main reason for the increased preference for processed foods is the shift in population dynamics from rural areas to urban centers. This has led to the emergence of dual-income urban households that prefer processed foods due to time constraints. Packaged foods have evolved from supermarkets to community stores in countries such as China, India, Brazil and Thailand. However, the market dynamics in North America and Europe are controlled by the branding activities of food processing companies. The materials used for packaging food can also be segmented into plastic, paper and board, metal and glass. They can also be categorized by packaging material type as rigid, semi-rigid and flexible. The preference for different packaging materials also varies with region due to region-specific food habits.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Cellulose-based Plastic, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Cellulose-based Plastic market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Cellulose-based Plastic market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Cellulose-based Plastic sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Cellulose-based Plastic covered in this report include Celanese, Solvay, Daicel Chemical Industries, Mitsubishi Rayon Company, Eastman Chemical Company, SK Chemicals, Rayonier Advanced Materials, Sappi and Merck Millipore, etc.
The global Cellulose-based Plastic market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Celanese
Solvay
Daicel Chemical Industries
Mitsubishi Rayon Company
Eastman Chemical Company
SK Chemicals
Rayonier Advanced Materials
Sappi
Merck Millipore
Haihang Industry
Global Cellulose-based Plastic market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Cellulose-based Plastic market, Segment by Type:
Cellulose Butyrate
Cellulose Acetate
Cellulose Propionate
Others
Global Cellulose-based Plastic market, by Application
Food Packaging
Automotive
Electronics
Building and Construction
Sports and Leisure
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Cellulose-based Plastic manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Cellulose-based Plastic in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Cellulose-based Plastic Market Overview
1.1 Cellulose-based Plastic Product Overview
1.2 Cellulose-based Plastic Market Segment by Type
1.2.1 Cellulose Butyrate
1.2.2 Cellulose Acetate
1.2.3 Cellulose Propionate
1.2.4 Others
1.3 Global Cellulose-based Plastic Market Size by Type
1.3.1 Global Cellulose-based Plastic Market Size Overview by Type (2018-2029)
1.3.2 Global Cellulose-based Plastic Historic Market Size Review by Type (2018-2023)
1.3.3 Global Cellulose-based Plastic Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Cellulose-based Plastic Sales Breakdown by Type (2018-2023)
1.4.2 Europe Cellulose-based Plastic Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Cellulose-based Plastic Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Cellulose-based Plastic Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Cellulose-based Plastic Sales Breakdown by Type (2018-2023)
2 Global Cellulose-based Plastic Market Competition by Company
2.1 Global Top Players by Cellulose-based Plastic Sales (2018-2023)
2.2 Global Top Players by Cellulose-based Plastic Revenue (2018-2023)
2.3 Global Top Players by Cellulose-based Plastic Price (2018-2023)
2.4 Global Top Manufacturers Cellulose-based Plastic Manufacturing Base Distribution, Sales Area, Product Type
2.5 Cellulose-based Plastic Market Competitive Situation and Trends
2.5.1 Cellulose-based Plastic Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Cellulose-based Plastic Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Cellulose-based Plastic as of 2022)
2.7 Date of Key Manufacturers Enter into Cellulose-based Plastic Market
2.8 Key Manufacturers Cellulose-based Plastic Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Cellulose-based Plastic Status and Outlook by Region
3.1 Global Cellulose-based Plastic Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Cellulose-based Plastic Historic Market Size by Region
3.2.1 Global Cellulose-based Plastic Sales in Volume by Region (2018-2023)
3.2.2 Global Cellulose-based Plastic Sales in Value by Region (2018-2023)
3.2.3 Global Cellulose-based Plastic Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Cellulose-based Plastic Forecasted Market Size by Region
3.3.1 Global Cellulose-based Plastic Sales in Volume by Region (2024-2029)
3.3.2 Global Cellulose-based Plastic Sales in Value by Region (2024-2029)
3.3.3 Global Cellulose-based Plastic Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Cellulose-based Plastic by Application
4.1 Cellulose-based Plastic Market Segment by Application
4.1.1 Food Packaging
4.1.2 Automotive
4.1.3 Electronics
4.1.4 Building and Construction
4.1.5 Sports and Leisure
4.1.6 Others
4.2 Global Cellulose-based Plastic Market Size by Application
4.2.1 Global Cellulose-based Plastic Market Size Overview by Application (2018-2029)
4.2.2 Global Cellulose-based Plastic Historic Market Size Review by Application (2018-2023)
4.2.3 Global Cellulose-based Plastic Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Cellulose-based Plastic Sales Breakdown by Application (2018-2023)
4.3.2 Europe Cellulose-based Plastic Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Cellulose-based Plastic Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Cellulose-based Plastic Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Cellulose-based Plastic Sales Breakdown by Application (2018-2023)
5 North America Cellulose-based Plastic by Country
5.1 North America Cellulose-based Plastic Historic Market Size by Country
5.1.1 North America Cellulose-based Plastic Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Cellulose-based Plastic Sales in Volume by Country (2018-2023)
5.1.3 North America Cellulose-based Plastic Sales in Value by Country (2018-2023)
5.2 North America Cellulose-based Plastic Forecasted Market Size by Country
5.2.1 North America Cellulose-based Plastic Sales in Volume by Country (2024-2029)
5.2.2 North America Cellulose-based Plastic Sales in Value by Country (2024-2029)
6 Europe Cellulose-based Plastic by Country
6.1 Europe Cellulose-based Plastic Historic Market Size by Country
6.1.1 Europe Cellulose-based Plastic Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Cellulose-based Plastic Sales in Volume by Country (2018-2023)
6.1.3 Europe Cellulose-based Plastic Sales in Value by Country (2018-2023)
6.2 Europe Cellulose-based Plastic Forecasted Market Size by Country
6.2.1 Europe Cellulose-based Plastic Sales in Volume by Country (2024-2029)
6.2.2 Europe Cellulose-based Plastic Sales in Value by Country (2024-2029)
7 Asia-Pacific Cellulose-based Plastic by Region
7.1 Asia-Pacific Cellulose-based Plastic Historic Market Size by Region
7.1.1 Asia-Pacific Cellulose-based Plastic Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Cellulose-based Plastic Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Cellulose-based Plastic Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Cellulose-based Plastic Forecasted Market Size by Region
7.2.1 Asia-Pacific Cellulose-based Plastic Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Cellulose-based Plastic Sales in Value by Region (2024-2029)
8 Latin America Cellulose-based Plastic by Country
8.1 Latin America Cellulose-based Plastic Historic Market Size by Country
8.1.1 Latin America Cellulose-based Plastic Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Cellulose-based Plastic Sales in Volume by Country (2018-2023)
8.1.3 Latin America Cellulose-based Plastic Sales in Value by Country (2018-2023)
8.2 Latin America Cellulose-based Plastic Forecasted Market Size by Country
8.2.1 Latin America Cellulose-based Plastic Sales in Volume by Country (2024-2029)
8.2.2 Latin America Cellulose-based Plastic Sales in Value by Country (2024-2029)
9 Middle East and Africa Cellulose-based Plastic by Country
9.1 Middle East and Africa Cellulose-based Plastic Historic Market Size by Country
9.1.1 Middle East and Africa Cellulose-based Plastic Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Cellulose-based Plastic Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Cellulose-based Plastic Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Cellulose-based Plastic Forecasted Market Size by Country
9.2.1 Middle East and Africa Cellulose-based Plastic Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Cellulose-based Plastic Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Celanese
10.1.1 Celanese Company Information
10.1.2 Celanese Introduction and Business Overview
10.1.3 Celanese Cellulose-based Plastic Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Celanese Cellulose-based Plastic Products Offered
10.1.5 Celanese Recent Development
10.2 Solvay
10.2.1 Solvay Company Information
10.2.2 Solvay Introduction and Business Overview
10.2.3 Solvay Cellulose-based Plastic Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Solvay Cellulose-based Plastic Products Offered
10.2.5 Solvay Recent Development
10.3 Daicel Chemical Industries
10.3.1 Daicel Chemical Industries Company Information
10.3.2 Daicel Chemical Industries Introduction and Business Overview
10.3.3 Daicel Chemical Industries Cellulose-based Plastic Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Daicel Chemical Industries Cellulose-based Plastic Products Offered
10.3.5 Daicel Chemical Industries Recent Development
10.4 Mitsubishi Rayon Company
10.4.1 Mitsubishi Rayon Company Company Information
10.4.2 Mitsubishi Rayon Company Introduction and Business Overview
10.4.3 Mitsubishi Rayon Company Cellulose-based Plastic Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Mitsubishi Rayon Company Cellulose-based Plastic Products Offered
10.4.5 Mitsubishi Rayon Company Recent Development
10.5 Eastman Chemical Company
10.5.1 Eastman Chemical Company Company Information
10.5.2 Eastman Chemical Company Introduction and Business Overview
10.5.3 Eastman Chemical Company Cellulose-based Plastic Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Eastman Chemical Company Cellulose-based Plastic Products Offered
10.5.5 Eastman Chemical Company Recent Development
10.6 SK Chemicals
10.6.1 SK Chemicals Company Information
10.6.2 SK Chemicals Introduction and Business Overview
10.6.3 SK Chemicals Cellulose-based Plastic Sales, Revenue and Gross Margin (2018-2023)
10.6.4 SK Chemicals Cellulose-based Plastic Products Offered
10.6.5 SK Chemicals Recent Development
10.7 Rayonier Advanced Materials
10.7.1 Rayonier Advanced Materials Company Information
10.7.2 Rayonier Advanced Materials Introduction and Business Overview
10.7.3 Rayonier Advanced Materials Cellulose-based Plastic Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Rayonier Advanced Materials Cellulose-based Plastic Products Offered
10.7.5 Rayonier Advanced Materials Recent Development
10.8 Sappi
10.8.1 Sappi Company Information
10.8.2 Sappi Introduction and Business Overview
10.8.3 Sappi Cellulose-based Plastic Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Sappi Cellulose-based Plastic Products Offered
10.8.5 Sappi Recent Development
10.9 Merck Millipore
10.9.1 Merck Millipore Company Information
10.9.2 Merck Millipore Introduction and Business Overview
10.9.3 Merck Millipore Cellulose-based Plastic Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Merck Millipore Cellulose-based Plastic Products Offered
10.9.5 Merck Millipore Recent Development
10.10 Haihang Industry
10.10.1 Haihang Industry Company Information
10.10.2 Haihang Industry Introduction and Business Overview
10.10.3 Haihang Industry Cellulose-based Plastic Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Haihang Industry Cellulose-based Plastic Products Offered
10.10.5 Haihang Industry Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Cellulose-based Plastic Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Cellulose-based Plastic Industrial Chain Analysis
11.4 Cellulose-based Plastic Market Dynamics
11.4.1 Cellulose-based Plastic Industry Trends
11.4.2 Cellulose-based Plastic Market Drivers
11.4.3 Cellulose-based Plastic Market Challenges
11.4.4 Cellulose-based Plastic Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Cellulose-based Plastic Distributors
12.3 Cellulose-based Plastic Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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