Market Overview:
The United States cellulose acetate market is currently witnessing steady growth. Cellulose acetate refers to a polymer manufactured from the naturally occurring cellulose found in the plant cell walls. It is made up of repeating glucose units that have the formula C6H7O2(OH)3. For manufacturing cellulose acetate, natural cellulose is reacted with acetic acid and acetic anhydride, which are then ground to form a fine powder. Cellulose acetate is biodegradable and a green alternative for plastics used across the globe. It can be processed by dissolving in a solvent and spinning or casting and can also be processed by standard plastics processing techniques in compounded form. It is extensively used in the production of various products such as cigarette filters, films that are used in photographs, sheets, fashion accessories, pen barrels, spectacle frames, and combs.
The United States cellulose acetate market is primarily driven by a rise in the number of smokers. Cellulose acetate is utilized to produce cigarette filter tow as it helps remove tar and nicotine and maintains a favorable taste for the smoker. In the textile and apparel industry, cellulose acetate is used due to its softness, heat-resistance and comfort. It is also used in home furnishing products and as biodegradable plastic in a wide range of industries, which, in turn, is propelling the market growth. Moreover, the US government has banned single-use plastics to reduce pollution. This has led to an increasing inclination toward bioplastics, resulting in high demand for cellulose acetate. On account of these factors, the market is expected to continue its moderate growth during the forecast period (2021-2026).
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the United States cellulose acetate market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region and application.
Breakup by Application:
- Cigarette Filters
- LCD
- Yarn
- Coating, Plastics and Films
Breakup by Region:
- Northeast
- Midwest
- South
- West
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key Questions Answered in This Report:
- How has the United States cellulose acetate market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United States cellulose acetate market?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the United States cellulose acetate market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 United States Cellulose Acetate Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Application
6.1 Cigarette Filters
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 LCD
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Yarn
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Coating, Plastics and Films
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Region
7.1 Northeast
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Midwest
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 South
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 West
7.4.1 Market Trends
7.4.2 Market Forecast
8 SWOT Analysis
8.1 Overview
8.2 Strengths
8.3 Weaknesses
8.4 Opportunities
8.5 Threats
9 Value Chain Analysis
10 Porters Five Forces Analysis
10.1 Overview
10.2 Bargaining Power of Buyers
10.3 Bargaining Power of Suppliers
10.4 Degree of Competition
10.5 Threat of New Entrants
10.6 Threat of Substitutes
11 Price Analysis
12 Policy and Regulatory Landscape
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
List of Figures
Figure 1: United States: Cellulose Acetate Market: Major Drivers and Challenges
Figure 2: United States: Cellulose Acetate Market: Sales Value (in Million US$), 2015-2020
Figure 3: United States: Cellulose Acetate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 4: United States: Cellulose Acetate Market: Breakup by Application (in %), 2020
Figure 5: United States: Cellulose Acetate Market: Breakup by Region (in %), 2020
Figure 6: United States: Cellulose Acetate (Cigarette Filters) Market: Sales Value (in Million US$), 2015 & 2020
Figure 7: United States: Cellulose Acetate (Cigarette Filters) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 8: United States: Cellulose Acetate (LCD) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: United States: Cellulose Acetate (LCD) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: United States: Cellulose Acetate (Yarn) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: United States: Cellulose Acetate (Yarn) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: United States: Cellulose Acetate (Coating, Plastics and Films) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: United States: Cellulose Acetate (Coating, Plastics and Films) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Northeast: Cellulose Acetate Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Northeast: Cellulose Acetate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Midwest: Cellulose Acetate Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Midwest: Cellulose Acetate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: South: Cellulose Acetate Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: South: Cellulose Acetate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: West: Cellulose Acetate Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: West: Cellulose Acetate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: United States: Cellulose Acetate Industry: SWOT Analysis
Figure 23: United States: Cellulose Acetate Industry: Value Chain Analysis
Figure 24: United States: Cellulose Acetate Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: United States: Cellulose Acetate Market: Key Industry Highlights, 2020 and 2026
Table 2: United States: Cellulose Acetate Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 3: United States: Cellulose Acetate Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 4: United States: Cellulose Acetate Market: Competitive Structure
Table 5: United States: Cellulose Acetate Market: Key Players