Global Cellulosic Polymers Market Size Study, by Type (Cellulose Ethers, Cellulose Esters), by Application (Paints & Coatings, Skin Care), and Regional Forecasts 2022-2032

Description

The Global Cellulosic Polymers Market is currently valued at approximately USD 9.59 billion in 2023 and is expected to expand at an impressive compound annual growth rate (CAGR) of 6.30% over the forecast period from 2024 to 2032. Renowned for their biodegradable and renewable properties, cellulosic polymers are gaining traction across various industries, including paints & coatings and skincare. These polymers, derived from natural cellulose sources, deliver exceptional performance while aligning with environmental sustainability goals. Their unique characteristics, such as film-forming abilities, viscosity control, and stability, make them indispensable in creating innovative solutions for end-use applications.

Rising environmental awareness and the enforcement of stricter regulations on petrochemical-based polymers are pivotal factors driving the growth of the cellulosic polymers market. In the paints & coatings industry, cellulosic ethers are widely used as binders and stabilizers, enhancing product longevity and functionality. Similarly, the skincare sector is increasingly adopting cellulosic esters for their superior moisturizing and non-toxic properties. However, challenges such as fluctuating raw material prices and complex manufacturing processes may impede market growth. Nevertheless, advancements in polymer processing technologies and growing investments in R&D are expected to mitigate these challenges and foster market expansion.

Regionally, the Asia-Pacific market is poised for robust growth due to rising industrialization, increased spending on infrastructure, and expanding consumer goods sectors in countries like China and India. Europe and North America are also significant contributors, driven by their established industries and the adoption of sustainable practices. Meanwhile, emerging regions such as Latin America and the Middle East & Africa are anticipated to witness gradual market penetration, supported by growing awareness and investments in eco-friendly solutions.

Major market players included in this report are:

Dow Inc.
Akzo Nobel N.V.
Eastman Chemical Company
Ashland Global Holdings Inc.
Celanese Corporation
The Lubrizol Corporation
BASF SE
Shin-Etsu Chemical Co., Ltd.
DuPont
Hercules Inc.
Nippon Paper Group
Sappi Limited
Rayonier Advanced Materials Inc.
Huntsman Corporation
Wacker Chemie AG

The detailed segments and sub-segment of the market are explained below:

By Type:

Cellulose Ethers
Cellulose Esters

By Application:

Paints & Coatings
Skin Care

By Region:

North America:

U.S.
Canada

Europe:

UK
Germany
France
Spain
Italy
Rest of Europe

Asia-Pacific:

China
India
Japan
Australia
South Korea
Rest of Asia-Pacific

Latin America:

Brazil
Mexico

Middle East & Africa:

Saudi Arabia
South Africa
Rest of Middle East & Africa

Years considered for the study:

Historical Year: 2022
Base Year: 2023
Forecast Period: 2024-2032

Key Takeaways:

Market Estimates & Forecasts for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Cellulosic Polymers Market Executive Summary

1.1. Global Cellulosic Polymers Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Type
- 1.3.2. By Application
- 1.3.3. By End-use
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Cellulosic Polymers Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Cellulosic Polymers Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Demand for Sustainable Paints & Coatings
- 3.1.2. Growth in Skin Care Industry
- 3.1.3. Advancements in Cellulosic Polymer Technologies
3.2. Market Challenges
- 3.2.1. Fluctuating Raw Material Prices
- 3.2.2. Complex Manufacturing Processes
3.3. Market Opportunities
- 3.3.1. Expansion into Emerging Markets
- 3.3.2. Development of Multi-functional Polymers
- 3.3.3. Innovations in Eco-friendly Applications

Chapter 4. Global Cellulosic Polymers Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Cellulosic Polymers Market Size & Forecasts by Type 2022-2032

5.1. Segment Dashboard
5.2. Global Cellulosic Polymers Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Cellulose Ethers
- 5.2.2. Cellulose Esters

Chapter 6. Global Cellulosic Polymers Market Size & Forecasts by Application 2022-2032

6.1. Segment Dashboard
6.2. Global Cellulosic Polymers Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Paints & Coatings
- 6.2.2. Skin Care

Chapter 7. Global Cellulosic Polymers Market Size & Forecasts by End-use 2022-2032

7.1. Segment Dashboard
7.2. Global Cellulosic Polymers Market: End-use Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 7.2.1. Packaging
- 7.2.2. Consumer Goods & Electronics

Chapter 8. Global Cellulosic Polymers Market Size & Forecasts by Region 2022-2032

8.1. North America Cellulosic Polymers Market
- 8.1.1. U.S. Cellulosic Polymers Market
  - 8.1.1.1. Type Breakdown Size & Forecasts, 2022-2032
  - 8.1.1.2. Application Breakdown Size & Forecasts, 2022-2032
- 8.1.2. Canada Cellulosic Polymers Market
  - 8.1.2.1. Type Breakdown Size & Forecasts, 2022-2032
  - 8.1.2.2. Application Breakdown Size & Forecasts, 2022-2032
8.2. Europe Cellulosic Polymers Market
- 8.2.1. UK Cellulosic Polymers Market
- 8.2.2. Germany Cellulosic Polymers Market
- 8.2.3. France Cellulosic Polymers Market
- 8.2.4. Spain Cellulosic Polymers Market
- 8.2.5. Italy Cellulosic Polymers Market
- 8.2.6. Rest of Europe Cellulosic Polymers Market
8.3. Asia-Pacific Cellulosic Polymers Market
- 8.3.1. China Cellulosic Polymers Market
- 8.3.2. India Cellulosic Polymers Market
- 8.3.3. Japan Cellulosic Polymers Market
- 8.3.4. Australia Cellulosic Polymers Market
- 8.3.5. South Korea Cellulosic Polymers Market
- 8.3.6. Rest of Asia-Pacific Cellulosic Polymers Market
8.4. Latin America Cellulosic Polymers Market
- 8.4.1. Brazil Cellulosic Polymers Market
- 8.4.2. Mexico Cellulosic Polymers Market
- 8.4.3. Rest of Latin America Cellulosic Polymers Market
8.5. Middle East & Africa Cellulosic Polymers Market
- 8.5.1. Saudi Arabia Cellulosic Polymers Market
- 8.5.2. South Africa Cellulosic Polymers Market
- 8.5.3. Rest of Middle East & Africa Cellulosic Polymers Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Dow Inc.
- 9.1.2. Akzo Nobel N.V.
- 9.1.3. Eastman Chemical Company
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Dow Inc.
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. Akzo Nobel N.V.
- 9.3.3. Eastman Chemical Company
- 9.3.4. Ashland Global Holdings Inc.
- 9.3.5. Celanese Corporation
- 9.3.6. The Lubrizol Corporation
- 9.3.7. BASF SE
- 9.3.8. Shin-Etsu Chemical Co., Ltd.
- 9.3.9. DuPont
- 9.3.10. Hercules Inc.
- 9.3.11. Nippon Paper Group
- 9.3.12. Sappi Limited
- 9.3.13. Rayonier Advanced Materials Inc.
- 9.3.14. Huntsman Corporation
- 9.3.15. Wacker Chemie AG

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes