Cellulose Derivatives Market Size, Share, Opportunities, And Trends By Type (Cellulose Esters, Cellulose Ethers, Regenerated Cellulose apes), By Application (Adhesives, Textiles, Household Products, Ceramic Processing), By End-Use Industry (Construction, Personal Care & Cosmetics, Food & Beverages, Pharmaceutical, Paints & Coatings, Printing Inks, Electronics), And By Geography - Forecasts From 2023 To 2028

Description

Cellulose Derivatives Market Size:

Cellulose Derivatives Market, at a 8.21% CAGR, is projected to increase from USD 8.391 billion in 2025 to USD 12.448 billion in 2030.

The cellulose derivatives market refers to a wide range of products that are derived from cellulose, which is a natural polymer found in the cell walls of plants. Cellulose derivatives find usage in diverse applications across sectors such as food, pharmaceuticals, textiles, personal care, construction, and others. Cellulose derivatives can be chemically modified to enhance their properties, such as water solubility, viscosity, and film-forming ability. Some of the commonly used cellulose derivatives include methylcellulose, ethylcellulose, hydroxypropyl cellulose, and carboxymethyl cellulose.

In the food industry, cellulose derivatives are used as thickening agents, emulsifiers, stabilizers, and bulking agents. In the pharmaceutical industry, they are used as binders, disintegrants, and controlled-release agents in drug formulations. In the personal care industry, they are used in skincare and haircare products as emollients, thickeners, and film-forming agents. The global cellulose derivatives market is expected to expand, primarily driven by rising demand for these products in different applications. The marketplace is characterized by intense competition, with several prominent players vying for a significant share of the market.

Cellulose Derivatives Market Growth Drivers:

The cellulose derivatives market is driven by increasing demand from the food industry, growth in the pharmaceutical industry, and rising demand for personal care products.

• Increasing demand from the food industry 

As consumers become more health-conscious, there is a growing demand for natural and plant-based ingredients in food products. Cellulose derivatives, such as methylcellulose and carboxymethyl cellulose, are used as alternatives to synthetic thickeners and stabilizers in processed foods. The increasing demand for convenience foods and ready-to-eat meals is also driving the growth of the cellulose derivatives market.

• Growth in the pharmaceutical industry 

The pharmaceutical industry is a major consumer of cellulose derivatives, which are used in drug formulations as binders, disintegrants, and controlled-release agents. The growth of the pharmaceutical industry, especially in emerging economies, is expected to drive the demand for cellulose derivatives.

• Rising demand for personal care products 

Cellulose derivatives are used in various personal care products, such as shampoos, conditioners, and lotions, as thickeners, emollients, and film-forming agents. The increasing awareness about personal hygiene and grooming, coupled with the growing demand for natural and organic personal care products, is expected to drive the growth of the cellulose derivatives market in this segment.

Cellulose Derivatives Market Segmentation Analysis:

• Based on application, the cellulose derivatives market is expected to witness positive growth in the adhesives segment.

Cellulose derivatives, such as methylcellulose and hydroxypropyl cellulose, are commonly used as thickeners and binders in adhesive formulations. The demand for cellulose derivatives in the adhesive industry is driven by the growth in the construction and packaging industries, which are major end-users of adhesives. Cellulose derivatives are used in a wide range of adhesive applications, including wood adhesives, paper and packaging adhesives, and construction adhesives. In addition, the increasing demand for environmentally friendly and sustainable adhesive products has led to the development of new cellulose-based adhesives that are biodegradable and renewable. This trend is expected to drive the growth of the cellulose derivatives market for adhesive applications in the coming years.

Cellulose Derivatives Market Geographical Outlook:

• North America accounted for a significant share of the cellulose derivatives market.

Based on geography, the cellulose derivatives market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. North America is a major market for cellulose derivatives due to the presence of a large number of end-use industries, such as pharmaceuticals, food and beverages, and personal care products. The demand for cellulose derivatives in this region is driven by factors such as the increasing demand for natural and organic products and the growing focus on sustainability. The development of new and innovative applications of cellulose derivatives, such as in the production of biofuels, is expected to drive the growth of the cellulose derivatives market in North America. The United States Department of Energy (DOE) reports that the production of biofuels in the United States has been increasing steadily over the past decade, with 2019 production reaching 20.8 billion gallons.

Key Market Segments

• CELLULOSE DERIVATIVES MARKET BY TYPE
  • Cellulose Esters
    • Cellulose Acetate
    • Cellulose Acetate Butyrate (CAB)
    • Others
  • Cellulose Ethers
    • Muethyl Cellulose (MC)
    • Ethyl Cellulose (EC)
    • Hydroxyethyl Cellulose (HEC)
    • Others
• CELLULOSE DERIVATIVES MARKET BY APPLICATION
  • Thickners & Binders
  • Viscosity Modifiers
  • Film Formers
  • Others
• CELLULOSE DERIVATIVES MARKET BY END-USER
  • Pharmaceuticals
  • Food & Beverage
  • Personal Care & Cosmetics
  • Building & Construction
  • Paints & Coatings
  • Others
• CELLULOSE DERIVATIVES MARKET BY GEOGRAPHY
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Spain
    • Italy
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Thailand
    • Others

Table Of Contents

1. EXECUTIVE SUMMARY
2. MARKET SNAPSHOT
    2.1. Market Overview
    2.2. Market Definition
    2.3. Scope of the Study
    2.4. Market Segmentation
3. BUSINESS LANDSCAPE
    3.1. Market Drivers
    3.2. Market Restraints
    3.3. Market Opportunities
    3.4. Porter’s Five Forces Analysis
    3.5. Industry Value Chain Analysis
    3.6. Policies and Regulations
    3.7. Strategic Recommendations
4. TECHNOLOGICAL OUTLOOK
5. CELLULOSE DERIVATIVES MARKET BY TYPE
    5.1. Introduction
    5.2. Cellulose Esters
        5.2.1. Cellulose Acetate
        5.2.2. Cellulose Acetate Butyrate (CAB)
        5.2.3. Others
    5.3. Cellulose Ethers
        5.3.1. Muethyl Cellulose (MC)
        5.3.2. Ethyl Cellulose (EC)
        5.3.3. Hydroxyethyl Cellulose (HEC)
        5.3.4. Others
6. CELLULOSE DERIVATIVES MARKET BY APPLICATION
    6.1. Introduction
    6.2. Thickners & Binders
    6.3. Viscosity Modifiers
    6.4. Film Formers
    6.5. Others
7. CELLULOSE DERIVATIVES MARKET BY END-USER
    7.1. Introduction
    7.2. Pharmaceuticals
    7.3. Food & Beverage
    7.4. Personal Care & Cosmetics
    7.5. Building & Construction
    7.6. Paints & Coatings
    7.7. Others
8. CELLULOSE DERIVATIVES MARKET BY GEOGRAPHY
    8.1. Introduction
    8.2. North America
        8.2.1. USA
        8.2.2. Canada
        8.2.3. Mexico
    8.3. South America
        8.3.1. Brazil
        8.3.2. Argentina
        8.3.3. Others
    8.4. Europe
        8.4.1. Germany
        8.4.2. France
        8.4.3. United Kingdom
        8.4.4. Spain
        8.4.5. Italy
        8.4.6. Others
    8.5. Middle East and Africa
        8.5.1. Saudi Arabia
        8.5.2. UAE
        8.5.3. Israel
        8.5.4. Others
    8.6. Asia Pacific
        8.6.1. China
        8.6.2. India
        8.6.3. Japan
        8.6.4. South Korea
        8.6.5. Indonesia
        8.6.6. Thailand
        8.6.7. Others
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
    9.1. Major Players and Strategy Analysis
    9.2. Market Share Analysis
    9.3. Mergers, Acquisitions, Agreements, and Collaborations
    9.4. Competitive Dashboard
10. COMPANY PROFILES
    10.1. INEOS Group
    10.2. Shin-Etsu Chemical Co., Ltd
    10.3. Ashland Inc.
    10.4. Asha Cellulose (I) Pvt. Ltd.
    10.5. Daicel Corporation
    10.6. Eastman Chemical Company
    10.7. Fenchem
    10.8. Shandong Head Group Co., Ltd.
    10.9. Dow Chemical Company
    10.10. Celanese Corporation
11. APPENDIX
    11.1. Currency
    11.2. Assumptions
    11.3. Base and Forecast Years Timeline
    11.4. Key benefits for the stakeholders
    11.5. Research Methodology
    11.6. Abbreviations
LIST OF FIGURES
LIST OF TABLES

Companies Profiled

INEOS Group

Shin-Etsu Chemical Co., Ltd

Ashland Inc

Asha Cellulose (I) Pvt. Ltd

Daicel Corporation

Eastman Chemical Company

Fenchem

Shandong Head Group Co., Ltd

Dow Chemical Company

Celanese Corporation

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