ニトロセルロース市場レポート：製品、用途、最終用途産業、地域別、2024-2032

ニトロセルロースの世界市場規模は2023年に8億6,390万米ドルに達しました。今後、IMARC Groupは、市場は2032年までに13億2,210万米ドルに達し、2024年から2032年の間に4.7%の成長率（CAGR）を示すと予測しています。この市場を牽引する主な要因は、自動車用塗料や木材用塗料における使用の増加、印刷用インクや接着剤における継続的な進歩、安全性や環境持続可能性を重視した規制状況の変化などです。

ニトロセルロース市場の分析：

市場の成長と規模：ニトロセルロース市場は、主に自動車用塗料や木材用塗料、印刷インキや接着剤への応用によって大きな成長を遂げています。ニトロセルロースの市場規模は、このような汎用性の高い製品に対する需要の増加により拡大しています。

主な市場促進要因：ニトロセルロース市場の2大促進要因は、自動車産業の拡大と家具産業の隆盛に後押しされた自動車用塗料と木材用塗料の需要拡大です。その他の特典としては、印刷インキや接着剤の生産にニトロセルロースが役立っていることで、包装業界の急成長が大きな要因となっています。

技術の進歩：技術、特に印刷業界における絶え間ない進歩が、ニトロセルロース系製品の技術革新と応用に拍車をかけています。速乾性、柔軟性などのユニークな特性により、さまざまな用途で欠かせないものとなっています。

産業用途：ニトロセルロースは、自動車用塗料、ワニス、木材用塗料、印刷インキ、接着剤などに幅広く使用されています。高品質な仕上げ、速乾性、薄膜形成が可能なため、これらの産業で好んで使用されています。

主な市場動向：注目すべき動向は、環境問題への関心と規制要件に後押しされた、環境に優しいニトロセルロース樹脂の開発です。この動向は、品質と持続可能性を重視する市場の動きと一致しています。

地理的動向：市場は地理的要因の影響を受けており、新興国では自動車産業と家具産業が著しい成長を遂げています。これらの地域は市場の拡大に寄与しています。

競合情勢：市場は、高品質のニトロセルロース製品の生産に注力する企業間の競争を特徴としています。各社はより安全で持続可能な製品を生み出すために研究開発に投資し、競争力を高めています。

課題と機会：規制の枠組みは、ニトロセルロース・メーカーにとって安全基準や製造コストの面で課題となります。しかし、こうした規制は、技術革新や環境に配慮した製品開発の機会も生み出します。安全基準の遵守と環境に優しい製品の生産は、市場の持続可能性にとって極めて重要です。

ニトロセルロース市場の動向：

自動車用塗料と木材用塗料の需要拡大

ニトロセルロース市場の拡大は、自動車用塗料と木材用塗料への広範な応用が大きな原動力となっています。ニトロセルロースは耐久性と美観の完璧な融合を提供し、これらの産業における高品質仕上げに好まれています。速乾性、塗布のしやすさ、滑らかで光沢のある仕上げが可能なことから、自動車用塗料やワニスの重要な成分として位置づけられています。特に新興経済圏における自動車産業の成長は、ニトロセルロースの需要を直接後押ししています。さらに、都市化と可処分所得の増加によって急成長している家具産業は、木材塗料の必要性をさらに高め、ニトロセルロース市場に拍車をかけています。これらの産業が品質と耐久性を重視することに加え、環境問題への関心の高まりが環境に優しいニトロセルロース製品の開発につながり、市場の拡大をもたらしています。

印刷インキと接着剤の絶え間ない進歩

ニトロセルロース市場は、印刷インキや接着剤の生産における重要な役割も後押ししています。速乾性、柔軟性、薄膜形成能力といったニトロセルロース独自の特性により、さまざまなインキや接着剤の配合に欠かせない成分となっています。eコマースや消費財分野の増加に後押しされたパッケージング産業の急成長により、パッケージングやラベリング用の高品質印刷インキが必要とされています。この需要はニトロセルロース市場に直接影響を与えます。さらに、より効率的で高品質な出力を目指して進化する印刷業界の技術は、ニトロセルロース系製品の革新と応用を絶えず後押ししています。自動車、航空宇宙、エレクトロニクス産業で不可欠な特殊接着剤での使用も、市場の成長に寄与しています。

規制と環境への配慮

ニトロセルロース市場は、厳しい規制の枠組みや環境問題への関心の高まりも後押ししています。危険物に分類されるニトロセルロースは、保管、マテリアルハンドリング、輸送に関して厳しい規制の対象となっています。このような規制環境はメーカーに安全基準の遵守を強制し、生産コストや市場運営に影響を与えています。さらに、環境への影響に対する認識と懸念の高まりが、ニトロセルロースの環境に優しい変種の需要を促進しています。こうした製品の開発と採用は、市場の持続可能性と環境規制の遵守に不可欠です。こうした環境・規制要因は課題であると同時に、ニトロセルロース業界における技術革新と開発の機会をも生み出しています。その結果、企業はより安全で持続可能な製品を生産するための研究に投資し、市場をより環境に配慮した方向へと導いています。

目次

第1章 序文

第2章 調査範囲と調査手法

• 調査目的
• 利害関係者
• データソース
  • 一次情報
  • 二次情報
• 市場推定
  • ボトムアップアプローチ
  • トップダウンアプローチ
• 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

• 概要
• 主要産業動向

第5章 ニトロセルロースの世界市場

• 市場概要
• 市場実績
• COVID-19の影響
• 市場予測

第6章 市場内訳：製品別

• Mグレードセルロース
  • 市場動向
  • 市場予測
• Eグレードセルロース
  • 市場動向
  • 市場予測
• Aグレードセルロース
  • 市場動向
  • 市場予測
• その他
  • 市場動向
  • 市場予測

第7章 市場内訳：用途別

• 印刷インキ
  • 市場動向
  • 市場予測
• 自動車用塗料
  • 市場動向
  • 市場予測
• 木材塗料
  • 市場動向
  • 市場予測
• レザーフィニッシュ
  • 市場動向
  • 市場予測
• ネイルワニス
  • 市場動向
  • 市場予測
• その他
  • 市場動向
  • 市場予測

第8章 市場内訳：最終用途産業別

• 建築・建設
  • 市場動向
  • 市場予測
• 繊維
  • 市場動向
  • 市場予測
• 自動車
  • 市場動向
  • 市場予測
• 航空宇宙
  • 市場動向
  • 市場予測
• パーソナルケアと化粧品
  • 市場動向
  • 市場予測
• 海洋
  • 市場動向
  • 市場予測
• その他
  • 市場動向
  • 市場予測

第9章 市場内訳：地域別

• 北米
  • 米国
    • 市場動向
    • 市場予測
  • カナダ
    • 市場動向
    • 市場予測
• アジア太平洋
  • 中国
    • 市場動向
    • 市場予測
  • 日本
    • 市場動向
    • 市場予測
  • インド
    • 市場動向
    • 市場予測
  • 韓国
    • 市場動向
    • 市場予測
  • オーストラリア
    • 市場動向
    • 市場予測
  • インドネシア
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測
• 欧州
  • ドイツ
    • 市場動向
    • 市場予測
  • フランス
    • 市場動向
    • 市場予測
  • 英国
    • 市場動向
    • 市場予測
  • イタリア
    • 市場動向
    • 市場予測
  • スペイン
    • 市場動向
    • 市場予測
  • ロシア
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測
• ラテンアメリカ
  • ブラジル
    • 市場動向
    • 市場予測
  • メキシコ
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測
• 中東・アフリカ
  • 市場動向
  • 市場内訳：国別
  • 市場予測

第10章 SWOT分析

• 概要
• 強み
• 弱み
• 機会
• 脅威

第11章 バリューチェーン分析

第12章 ポーターのファイブフォース分析

• 概要
• 買い手の交渉力
• 供給企業の交渉力
• 競合の程度
• 新規参入業者の脅威
• 代替品の脅威

第13章 価格分析

第14章 競合情勢

• 市場構造
• 主要企業
• 主要企業のプロファイル
  • DuPont de Nemours Inc.
  • GRN Cellulose Pvt. Ltd.
  • Hagedorn NC
  • Hubei Xufei Chemical Co. Ltd.
  • IVM Chemicals srl
  • Nitrex Chemicals India Ltd.
  • Nitro Chemical Industry Ltd.
  • Nitro Quimica
  • Rayonier Advanced Materials
  • Rheinmetall AG
  • Synthesia a.s.
  • T.N.C. Industrial Co. Ltd.
  • The Nitrocellulose Group

List of Figures

• Figure 1: Global: Nitrocellulose Market: Major Drivers and Challenges
• Figure 2: Global: Nitrocellulose Market: Sales Value (in Million US$), 2018-2023
• Figure 3: Global: Nitrocellulose Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 4: Global: Nitrocellulose Market: Breakup by Product (in %), 2023
• Figure 5: Global: Nitrocellulose Market: Breakup by Application (in %), 2023
• Figure 6: Global: Nitrocellulose Market: Breakup by End Use Industry (in %), 2023
• Figure 7: Global: Nitrocellulose Market: Breakup by Region (in %), 2023
• Figure 8: Global: Nitrocellulose (M Grade Cellulose) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 9: Global: Nitrocellulose (M Grade Cellulose) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 10: Global: Nitrocellulose (E Grade Cellulose) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 11: Global: Nitrocellulose (E Grade Cellulose) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 12: Global: Nitrocellulose (A Grade Cellulose) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 13: Global: Nitrocellulose (A Grade Cellulose) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 14: Global: Nitrocellulose (Other Products) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 15: Global: Nitrocellulose (Other Products) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 16: Global: Nitrocellulose (Printing Inks) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 17: Global: Nitrocellulose (Printing Inks) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 18: Global: Nitrocellulose (Automotive Paints) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 19: Global: Nitrocellulose (Automotive Paints) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 20: Global: Nitrocellulose (Wood Coatings) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 21: Global: Nitrocellulose (Wood Coatings) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 22: Global: Nitrocellulose (Leather Finishes) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 23: Global: Nitrocellulose (Leather Finishes) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 24: Global: Nitrocellulose (Nail Varnishes) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 25: Global: Nitrocellulose (Nail Varnishes) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 26: Global: Nitrocellulose (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 27: Global: Nitrocellulose (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 28: Global: Nitrocellulose (Building and Construction) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 29: Global: Nitrocellulose (Building and Construction) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 30: Global: Nitrocellulose (Textile) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 31: Global: Nitrocellulose (Textile) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 32: Global: Nitrocellulose (Automobile) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 33: Global: Nitrocellulose (Automobile) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 34: Global: Nitrocellulose (Aerospace) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 35: Global: Nitrocellulose (Aerospace) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 36: Global: Nitrocellulose (Personal Care and Cosmetics) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 37: Global: Nitrocellulose (Personal Care and Cosmetics) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 38: Global: Nitrocellulose (Marines) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 39: Global: Nitrocellulose (Marines) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 40: Global: Nitrocellulose (Other End Use Industries) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 41: Global: Nitrocellulose (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 42: North America: Nitrocellulose Market: Sales Value (in Million US$), 2018 & 2023
• Figure 43: North America: Nitrocellulose Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 44: United States: Nitrocellulose Market: Sales Value (in Million US$), 2018 & 2023
• Figure 45: United States: Nitrocellulose Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 46: Canada: Nitrocellulose Market: Sales Value (in Million US$), 2018 & 2023
• Figure 47: Canada: Nitrocellulose Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 48: Asia-Pacific: Nitrocellulose Market: Sales Value (in Million US$), 2018 & 2023
• Figure 49: Asia-Pacific: Nitrocellulose Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 50: China: Nitrocellulose Market: Sales Value (in Million US$), 2018 & 2023
• Figure 51: China: Nitrocellulose Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 52: Japan: Nitrocellulose Market: Sales Value (in Million US$), 2018 & 2023
• Figure 53: Japan: Nitrocellulose Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 54: India: Nitrocellulose Market: Sales Value (in Million US$), 2018 & 2023
• Figure 55: India: Nitrocellulose Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 56: South Korea: Nitrocellulose Market: Sales Value (in Million US$), 2018 & 2023
• Figure 57: South Korea: Nitrocellulose Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 58: Australia: Nitrocellulose Market: Sales Value (in Million US$), 2018 & 2023
• Figure 59: Australia: Nitrocellulose Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 60: Indonesia: Nitrocellulose Market: Sales Value (in Million US$), 2018 & 2023
• Figure 61: Indonesia: Nitrocellulose Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 62: Others: Nitrocellulose Market: Sales Value (in Million US$), 2018 & 2023
• Figure 63: Others: Nitrocellulose Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 64: Europe: Nitrocellulose Market: Sales Value (in Million US$), 2018 & 2023
• Figure 65: Europe: Nitrocellulose Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 66: Germany: Nitrocellulose Market: Sales Value (in Million US$), 2018 & 2023
• Figure 67: Germany: Nitrocellulose Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 68: France: Nitrocellulose Market: Sales Value (in Million US$), 2018 & 2023
• Figure 69: France: Nitrocellulose Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 70: United Kingdom: Nitrocellulose Market: Sales Value (in Million US$), 2018 & 2023
• Figure 71: United Kingdom: Nitrocellulose Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 72: Italy: Nitrocellulose Market: Sales Value (in Million US$), 2018 & 2023
• Figure 73: Italy: Nitrocellulose Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 74: Spain: Nitrocellulose Market: Sales Value (in Million US$), 2018 & 2023
• Figure 75: Spain: Nitrocellulose Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 76: Russia: Nitrocellulose Market: Sales Value (in Million US$), 2018 & 2023
• Figure 77: Russia: Nitrocellulose Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 78: Others: Nitrocellulose Market: Sales Value (in Million US$), 2018 & 2023
• Figure 79: Others: Nitrocellulose Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 80: Latin America: Nitrocellulose Market: Sales Value (in Million US$), 2018 & 2023
• Figure 81: Latin America: Nitrocellulose Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 82: Brazil: Nitrocellulose Market: Sales Value (in Million US$), 2018 & 2023
• Figure 83: Brazil: Nitrocellulose Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 84: Mexico: Nitrocellulose Market: Sales Value (in Million US$), 2018 & 2023
• Figure 85: Mexico: Nitrocellulose Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 86: Others: Nitrocellulose Market: Sales Value (in Million US$), 2018 & 2023
• Figure 87: Others: Nitrocellulose Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 88: Middle East and Africa: Nitrocellulose Market: Sales Value (in Million US$), 2018 & 2023
• Figure 89: Middle East and Africa: Nitrocellulose Market: Breakup by Country (in %), 2023
• Figure 90: Middle East and Africa: Nitrocellulose Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 91: Global: Nitrocellulose Industry: SWOT Analysis
• Figure 92: Global: Nitrocellulose Industry: Value Chain Analysis
• Figure 93: Global: Nitrocellulose Industry: Porter's Five Forces Analysis

List of Tables

• Table 1: Global: Nitrocellulose Market: Key Industry Highlights, 2023 and 2032
• Table 2: Global: Nitrocellulose Market Forecast: Breakup by Product (in Million US$), 2024-2032
• Table 3: Global: Nitrocellulose Market Forecast: Breakup by Application (in Million US$), 2024-2032
• Table 4: Global: Nitrocellulose Market Forecast: Breakup by End Use Industry (in Million US$), 2024-2032
• Table 5: Global: Nitrocellulose Market Forecast: Breakup by Region (in Million US$), 2024-2032
• Table 6: Global: Nitrocellulose Market: Competitive Structure
• Table 7: Global: Nitrocellulose Market: Key Players

The global nitrocellulose market size reached US$ 863.9 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,322.1 Million by 2032, exhibiting a growth rate (CAGR) of 4.7% during 2024-2032. The market is primarily driven by its increasing use in automotive and wood coatings, continual advancements in printing inks and adhesives, and the changing regulatory landscape with an enhanced emphasis on safety and environmental sustainability.

Nitrocellulose Market Analysis:

Market Growth and Size: The nitrocellulose market is experiencing substantial growth, primarily driven by its applications in automotive and wood coatings, as well as printing inks and adhesives. The market size is expanding due to the increasing demand for these versatile products.

Major Market Drivers: Two major drivers for the nitrocellulose market are the growing demand for automotive and wood coatings, fueled by the automotive industry's expansion and the flourishing furniture industry. Additionally, the market benefits from its role in producing printing inks and adhesives, with the packaging industry's rapid growth being a significant factor.

Technological Advancements: Continual advancements in technology, particularly in the printing industry, are spurring innovation and application of nitrocellulose-based products. Its unique properties, such as quick-drying and flexibility, make it indispensable in various applications.

Industry Applications: Nitrocellulose finds extensive use in automotive paints, varnishes, wood coatings, printing inks, and adhesives. Its ability to provide high-quality finishes, quick drying, and thin film formation makes it a preferred choice in these industries.

Key Market Trends: A notable trend is the development of eco-friendly nitrocellulose variants, driven by environmental concerns and regulatory requirements. This trend aligns with the market's emphasis on quality and sustainability.

Geographical Trends: The market is influenced by geographical factors, with emerging economies experiencing significant growth in the automotive and furniture industries. These regions contribute to the market's expansion.

Competitive Landscape: The market features competition among companies focused on producing high-quality nitrocellulose products. Companies are investing in research and development to create safer, more sustainable variants, thus enhancing their competitive position.

Challenges and Opportunities: Regulatory frameworks pose challenges for nitrocellulose manufacturers in terms of safety standards and production costs. However, these regulations also create opportunities for innovation and the development of environmentally conscious products. Adherence to safety standards and the production of eco-friendly variants are crucial for market sustainability.

Nitrocellulose Market Trends:

Growing demand for automotive and wood coatings

The expansion of the nitrocellulose market is significantly driven by its extensive application in automotive and wood coatings. Nitrocellulose offers a perfect blend of durability and aesthetic appeal, making it a preferred choice for high-quality finishes in these industries. Its fast-drying properties, ease of application, and ability to produce a smooth, glossy finish have positioned it as a vital component in automotive paints and varnishes. The automotive industry's growth, particularly in emerging economies, directly boosts the demand for nitrocellulose. Additionally, the burgeoning furniture industry, driven by urbanization and increased disposable incomes, further escalates the need for wood coatings, thereby fueling the nitrocellulose market. These industries' emphasis on quality and durability, along with the growing environmental concerns leading to the development of eco-friendly nitrocellulose variants, results in the market's expansion.

Continual advancements in printing inks and adhesives

The market is also propelled by its significant role in the production of printing inks and adhesives. Nitrocellulose's unique characteristics, such as quick-drying, flexibility, and the ability to form thin films, make it an indispensable ingredient in the formulation of various inks and adhesives. The rapid growth of the packaging industry, fueled by the increase in e-commerce and consumer goods sectors, necessitates high-quality printing inks for packaging and labeling. This demand directly influences the nitrocellulose market. Furthermore, the evolving technology in the printing industry, aiming for more efficient and higher-quality outputs, continually drives the innovation and application of nitrocellulose-based products. Its usage in specialty adhesives, essential in automotive, aerospace, and electronics industries, also contributes to market growth.

Regulatory and environmental considerations

The market is further impelled by stringent regulatory frameworks and growing environmental concerns. Nitrocellulose, classified as a hazardous material, is subject to tight regulation in terms of storage, handling, and transportation. This regulatory environment compels manufacturers to adhere to safety standards, influencing production costs and market operations. Additionally, the increasing awareness and concern about environmental impact are driving the demand for eco-friendly variants of nitrocellulose. The development and adoption of such variants are essential for market sustainability and compliance with environmental regulations. These environmental and regulatory factors not only pose challenges but also create opportunities for innovation and development in the nitrocellulose industry. As a result, companies are investing in research to produce safer, more sustainable products, thus steering the market towards a more environmentally conscious direction.

Nitrocellulose Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on product, application, and end use industry.

Breakup by Product:

M Grade Cellulose

E Grade Cellulose

A Grade Cellulose

Others

M grade cellulose accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the product. This includes M grade cellulose, E grade cellulose, A grade cellulose, and others. According to the report, M grade cellulose represented the largest segment.

M Grade Cellulose's market growth is primarily driven by its widespread use in the production of high-quality paints and coatings, where its quick-drying and film-forming properties are highly valued. It's also extensively used in the automotive sector for car paints, given its durability and glossy finish. The demand in the printing industry, especially for flexographic and gravure inks, further propels its market due to its excellent solubility and compatibility with various dyes and pigments. Additionally, the pharmaceutical industry's use of M Grade Cellulose in film coatings for tablets and capsules underscores its versatility and contributes to its market expansion.

On the other hand, E grade cellulose's market is driven by its use in the pharmaceutical industry, particularly in coating applications for pills and capsules. Its compatibility with various drugs and its non-toxic nature make it a preferred choice. The growing pharmaceutical industry, especially with the increasing demand for medication worldwide, directly impacts the demand for this cellulose type.

Furthermore, the market for A grade cellulose is primarily driven by its application in high-quality printing papers and archival papers, where its high purity and stability are crucial. This cellulose type is also sought after in the specialty packaging industry, further boosting its demand.

Breakup by Application:

Printing Inks

Automotive Paints

Wood Coatings

Leather Finishes

Nail Varnishes

Others

Wood coatings hold the largest share in the industry

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes printing inks, automotive paints, wood coatings, leather finishes, nail varnishes, and others. According to the report, wood coatings accounted for the largest market share.

The wood coatings market is predominantly driven by the booming construction and furniture industries, where the demand for high-quality, durable finishes is consistently high. Environmental concerns and regulatory policies are pushing for the development of eco-friendly, low-VOC wood coatings, which is a significant trend in this segment. Urbanization and rising living standards globally also contribute to the increased demand for aesthetically appealing wood furniture and finishes. Moreover, advancements in coating technologies, aiming for better performance and ease of application, are constantly evolving, thus fueling the market growth for wood coatings.

On the contrary the market for printing inks is propelled by the booming packaging industry, particularly due to the rise in e-commerce and the need for high-quality packaging and labeling. Advancements in printing technology and the growing demand for eco-friendly inks are also significant factors.

Moreover, the automotive paints market is growing due to the automotive industry's expansion, with an increasing demand for both new vehicles and aftermarket paints. Technological innovations in paint durability and eco-friendliness, along with aesthetic trends, also drive this market.

Additionally, leather finishes market growth is primarily driven by the fashion and automotive industries, where high-quality leather is in constant demand. Advances in eco-friendly and durable finish technologies also contribute to this growth.

Besides this, the nail varnish market benefits from the booming beauty and personal care industry, with trends in fashion and aesthetics playing a crucial role. Innovation in long-lasting and quick-drying formulations also drives demand.

Furthermore, the textile market is driven by the fashion industry's demand for high-quality and diverse fabrics. Technological advancements in fabric production and the growing trend of sustainable textiles also significantly influence this market.

Breakup by End Use Industry:

Building and Construction

Textile

Automobile

Aerospace

Personal Care and Cosmetics

Marines

Others

Building and construction represents the leading market segment

The report has provided a detailed breakup and analysis of the market based on the end use industry. This includes building and construction, textile, automobile, aerospace, personal care and cosmetics, marines, and others. According to the report, building and construction represented the largest segment.

The building and construction segment's growth is largely influenced by the global increase in infrastructure development and urbanization, leading to higher demand for construction materials, including paints and coatings. The push towards sustainable and green building practices is driving innovation in eco-friendly and energy-efficient materials, directly impacting the nitrocellulose market in this segment. Government initiatives and investments in infrastructure projects in emerging economies are also significant contributors to this market's expansion. Additionally, the increasing trend of home renovation and remodeling in developed countries adds to the growing demand for high-quality construction materials.

Besides this, the textile industry is being driven by the rising global population and increasing disposable income, leading to higher consumer spending on apparel and home textiles. Technological innovations in fabric production and processing, including the adoption of sustainable practices, are propelling the industry forward. The growth of e-commerce platforms has also significantly expanded the market reach of textile products.

Also, the automobile sector is growing due to the rising demand for passenger vehicles, particularly in emerging markets. Technological advancements, such as electric and autonomous vehicles, are reshaping the industry, with sustainability and innovation being key drivers. Government policies promoting vehicle safety and emission standards are further influencing market dynamics.

Moreover, the aerospace industry's growth is primarily driven by increasing air travel demand and the expansion of global airline fleets. Advancements in aircraft technology focusing on fuel efficiency and reduced emissions are key factors. Defense spending and the development of space exploration programs also significantly contribute to this sector's growth.

Furthermore, personal care and cosmetics industry is growing due to the rising awareness of personal hygiene and grooming, coupled with increasing disposable incomes. The shift towards natural and organic products is a significant trend, driven by consumer health consciousness. Technological innovations in product formulation and packaging are also key factors.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Asia-Pacific leads the market, accounting for the largest nitrocellulose market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia-Pacific accounted for the largest market share.

Asia-Pacific's market is expanding primarily due to rapid industrialization and urbanization in major economies like China and India, which boosts demand in various nitrocellulose applications. The region's growing automotive industry, coupled with an increasing middle-class population with higher disposable incomes, significantly drives the demand for automotive paints and coatings. The expansion of the manufacturing sector, especially in packaging, textiles, and electronics, where nitrocellulose is widely used, further fuels the market growth. Additionally, the region's focus on sustainable and environmentally friendly practices is leading to innovations and adaptations in nitrocellulose products, aligning with global environmental standards.

The North American market is characterized by technological innovation, a strong industrial base, and high consumer spending power. The region's focus on sustainability and renewable energy is driving market evolution. The presence of major global players in various industries also contributes to the market's dynamism. Government policies and regulations, particularly in the United States and Canada, significantly influence market trends.

Europe's market is driven by its strong emphasis on sustainability and environmental regulations, influencing various industry sectors. Technological innovation and the presence of a well-established industrial and technological infrastructure are key growth factors. The region's focus on renewable energy and efficient resource utilization also plays a significant role. Furthermore, the European Union's policies and economic stability are critical in shaping market dynamics.

Latin America's market growth is influenced by increasing urbanization and economic development in key countries. The region's rich natural resources and agricultural strength play a vital role in its market dynamics. Infrastructure development and government initiatives are also driving market growth. Additionally, the increasing penetration of digital technology and the internet is opening new avenues for various industries.

The Middle East and Africa are experiencing market growth due to factors like increasing investment in infrastructure and the diversification of economies beyond oil. The region's growing young population and rising urbanization are key drivers. Investments in renewable energy and technological advancements, particularly in the Gulf countries, are influencing market dynamics. Additionally, Africa's untapped potential and improving economic stability offer significant growth opportunities.

Leading Key Players in the Nitrocellulose Industry:

The key players in the nitrocellulose market are actively engaging in various strategic actions to ensure sustained market growth. They are focusing on technological advancements to improve product quality and efficiency. These entities are constantly expanding their production capabilities to meet the growing global demand. By investing in research and development, they are innovating new applications and enhancing existing ones. These market leaders are also forming strategic partnerships and collaborations to leverage mutual strengths and expand market reach. They are exploring eco-friendly production methods, addressing environmental concerns associated with nitrocellulose manufacturing. In addition, these players are enhancing their distribution networks to ensure seamless supply chain management. They are actively participating in mergers and acquisitions to consolidate their market positions and gain competitive advantages.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

DuPont de Nemours Inc.

GRN Cellulose Pvt. Ltd.

Hagedorn NC

Hubei Xufei Chemical Co. Ltd.

IVM Chemicals srl

Nitrex Chemicals India Ltd.

Nitro Chemical Industry Ltd.

Nitro Quimica

Rayonier Advanced Materials

Rheinmetall AG

Synthesia a.s.

T.N.C. Industrial Co. Ltd.

The Nitrocellulose Group

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Latest News:

7 December 2023: DuPont announced that Coryor Surface Treatment Company Ltd. and Nippon Paint Taiwan have introduced a series of new offerings including printed Tedlar PVF solutions and PVF coating in Taipei Building Show, the largest building materials exhibition in Taiwan.

15 September 2021: Hubei Xingfa Chemicals Group Co., Ltd. signed an Equity Purchase Agreement to acquire additional 18.785% minority stake in Hubei Taisheng Chemical Co., Ltd. from ABC Financial Asset Investment Co., Ltd. for approximately CNY 510 million on September 13, 2021. The transaction is financed from own funds.

13 October 2023: Rayonier Advanced Materials Inc., the global leader in High Purity Cellulose, today announced that it has engaged Houlihan Lokey as its financial advisor to explore the potential sale of its paperboard and high-yield pulp assets located at its Temiscaming site.

Key Questions Answered in This Report

• 1. What was the size of the global nitrocellulose market in 2023?
• 2. What is the expected growth rate of the global nitrocellulose market during 2024-2032?
• 3. What are the key factors driving the global nitrocellulose market?
• 4. What has been the impact of COVID-19 on the global nitrocellulose market?
• 5. What is the breakup of the global nitrocellulose market based on the product?
• 6. What is the breakup of the global nitrocellulose market based on the application?
• 7. What is the breakup of the global nitrocellulose market based on the end use industry?
• 8. What are the key regions in the global nitrocellulose market?
• 9. Who are the key players/companies in the global nitrocellulose market?

Table of Contents

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 Global Nitrocellulose Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Product

• 6.1 M Grade Cellulose
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 E Grade Cellulose
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
• 6.3 A Grade Cellulose
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast
• 6.4 Others
  • 6.4.1 Market Trends
  • 6.4.2 Market Forecast

7 Market Breakup by Application

• 7.1 Printing Inks
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Automotive Paints
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Wood Coatings
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 Leather Finishes
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast
• 7.5 Nail Varnishes
  • 7.5.1 Market Trends
  • 7.5.2 Market Forecast
• 7.6 Others
  • 7.6.1 Market Trends
  • 7.6.2 Market Forecast

8 Market Breakup by End Use Industry

• 8.1 Building and Construction
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Textile
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 Automobile
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast
• 8.4 Aerospace
  • 8.4.1 Market Trends
  • 8.4.2 Market Forecast
• 8.5 Personal Care and Cosmetics
  • 8.5.1 Market Trends
  • 8.5.2 Market Forecast
• 8.6 Marines
  • 8.6.1 Market Trends
  • 8.6.2 Market Forecast
• 8.7 Others
  • 8.7.1 Market Trends
  • 8.7.2 Market Forecast

9 Market Breakup by Region

• 9.1 North America
  • 9.1.1 United States
    • 9.1.1.1 Market Trends
    • 9.1.1.2 Market Forecast
  • 9.1.2 Canada
    • 9.1.2.1 Market Trends
    • 9.1.2.2 Market Forecast
• 9.2 Asia-Pacific
  • 9.2.1 China
    • 9.2.1.1 Market Trends
    • 9.2.1.2 Market Forecast
  • 9.2.2 Japan
    • 9.2.2.1 Market Trends
    • 9.2.2.2 Market Forecast
  • 9.2.3 India
    • 9.2.3.1 Market Trends
    • 9.2.3.2 Market Forecast
  • 9.2.4 South Korea
    • 9.2.4.1 Market Trends
    • 9.2.4.2 Market Forecast
  • 9.2.5 Australia
    • 9.2.5.1 Market Trends
    • 9.2.5.2 Market Forecast
  • 9.2.6 Indonesia
    • 9.2.6.1 Market Trends
    • 9.2.6.2 Market Forecast
  • 9.2.7 Others
    • 9.2.7.1 Market Trends
    • 9.2.7.2 Market Forecast
• 9.3 Europe
  • 9.3.1 Germany
    • 9.3.1.1 Market Trends
    • 9.3.1.2 Market Forecast
  • 9.3.2 France
    • 9.3.2.1 Market Trends
    • 9.3.2.2 Market Forecast
  • 9.3.3 United Kingdom
    • 9.3.3.1 Market Trends
    • 9.3.3.2 Market Forecast
  • 9.3.4 Italy
    • 9.3.4.1 Market Trends
    • 9.3.4.2 Market Forecast
  • 9.3.5 Spain
    • 9.3.5.1 Market Trends
    • 9.3.5.2 Market Forecast
  • 9.3.6 Russia
    • 9.3.6.1 Market Trends
    • 9.3.6.2 Market Forecast
  • 9.3.7 Others
    • 9.3.7.1 Market Trends
    • 9.3.7.2 Market Forecast
• 9.4 Latin America
  • 9.4.1 Brazil
    • 9.4.1.1 Market Trends
    • 9.4.1.2 Market Forecast
  • 9.4.2 Mexico
    • 9.4.2.1 Market Trends
    • 9.4.2.2 Market Forecast
  • 9.4.3 Others
    • 9.4.3.1 Market Trends
    • 9.4.3.2 Market Forecast
• 9.5 Middle East and Africa
  • 9.5.1 Market Trends
  • 9.5.2 Market Breakup by Country
  • 9.5.3 Market Forecast

10 SWOT Analysis

• 10.1 Overview
• 10.2 Strengths
• 10.3 Weaknesses
• 10.4 Opportunities
• 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

• 12.1 Overview
• 12.2 Bargaining Power of Buyers
• 12.3 Bargaining Power of Suppliers
• 12.4 Degree of Competition
• 12.5 Threat of New Entrants
• 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

• 14.1 Market Structure
• 14.2 Key Players
• 14.3 Profiles of Key Players
  • 14.3.1 DuPont de Nemours Inc.
    • 14.3.1.1 Company Overview
    • 14.3.1.2 Product Portfolio
    • 14.3.1.3 Financials
    • 14.3.1.4 SWOT Analysis
  • 14.3.2 GRN Cellulose Pvt. Ltd.
    • 14.3.2.1 Company Overview
    • 14.3.2.2 Product Portfolio
  • 14.3.3 Hagedorn NC
    • 14.3.3.1 Company Overview
    • 14.3.3.2 Product Portfolio
  • 14.3.4 Hubei Xufei Chemical Co. Ltd.
    • 14.3.4.1 Company Overview
    • 14.3.4.2 Product Portfolio
  • 14.3.5 IVM Chemicals srl
    • 14.3.5.1 Company Overview
    • 14.3.5.2 Product Portfolio
  • 14.3.6 Nitrex Chemicals India Ltd.
    • 14.3.6.1 Company Overview
    • 14.3.6.2 Product Portfolio
  • 14.3.7 Nitro Chemical Industry Ltd.
    • 14.3.7.1 Company Overview
    • 14.3.7.2 Product Portfolio
  • 14.3.8 Nitro Quimica
    • 14.3.8.1 Company Overview
    • 14.3.8.2 Product Portfolio
  • 14.3.9 Rayonier Advanced Materials
    • 14.3.9.1 Company Overview
    • 14.3.9.2 Product Portfolio
    • 14.3.9.3 Financials
  • 14.3.10 Rheinmetall AG
    • 14.3.10.1 Company Overview
    • 14.3.10.2 Product Portfolio
    • 14.3.10.3 Financials
  • 14.3.11 Synthesia a.s.
    • 14.3.11.1 Company Overview
    • 14.3.11.2 Product Portfolio
  • 14.3.12 T.N.C. Industrial Co. Ltd.
    • 14.3.12.1 Company Overview
    • 14.3.12.2 Product Portfolio
  • 14.3.13 The Nitrocellulose Group
    • 14.3.13.1 Company Overview
    • 14.3.13.2 Product Portfolio