Cellulose Esters And Ethers Industry Currently at Nascent Stage Expected to Witness Significant Growth in Future


Posted November 14, 2019 by Smith_alberto1

The global cellulose esters and ethers market size was estimated at USD 5.06 billion in 2018 and is expected to expand at a CAGR of 5.0 % over the forecast period.

 
The global Cellulose Esters And Ethers Market size is expected to reach USD 7.12 billion by 2025, as per a new report by Grand View Research Inc. It is projected to register a CAGR of 5.0% during the forecast period. Growing wood coatings and oil and gas industries is expected to trigger demand for cellulose esters and ethers. Additionally, rising demand from end-user industries such as printing inks and food and beverages industries is expected to drive growth in Asia Pacific.

Know More @ http://bit.ly/2CGyJMP

Manufacturers are focusing on flavored tobacco products owing to their increasing popularity worldwide. Flavored tobacco products include e-cigarettes, flavored smokeless tobacco, hookah, and cigarillos. Factors such as strong distribution network and growing popularity of flavored cigarettes are expected to drive the growth of the market.
Food and beverage, cosmetics, pharmaceutical, and oil and gas industries are the major markets for cellulose esters and ethers in Europe. Upsurge in the usage of personal care products countries such as U.K., Germany, France, and Italy is projected to have a positive impact on the market growth over the forecast period.
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By gvr
Phone 1-415-349-0058
Business Address Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105 United States
Country United States
Categories Blogging , Business , Research
Tags cellulose esters , cellulose esters ethers , cellulose esters ethers market
Last Updated November 14, 2019