Global Nitrocellulose Market Research Report 2024

SKU ID : QYR- 27681519

No. of pages : 100

Publishing Date : 17-Jun-2024

Nitrocellulose is a highly flammable compound formed by nitrating cellulose through exposure to nitric acid or another powerful nitrating agent. When used as a propellant or low-order explosive, it was originally known as guncotton. If the cellulose is not fully nitrated then it has found uses as a plastic film and in inks and wood coatings.

Industrial nitrocellulose is known to be one of the oldest film formers unequalled in properties like toughness, durability, fast solvent release capacity and solubility. Nitrocellulose is a derivative of cellulose and is manufactured from purified cellulose either in the form of cotton linters or woodpulp. The manufacturing process involves nitration of purified cellulose with nitric acid and sulphuric acid under controlled conditions followed by stabilization and washing.

Nitrocellulose represents a milestone in the development of the paint industry worldwide, as it is responsible for the popularization of automotive and industrial lacquers, thus favoring an easily obtainable finish, quick drying and high performance. Its quick drying characteristics were a major factor leading to mass production in the car industry. Despite new resin systems being constantly developed, nitrocellulose still keeps its prominent place in the rotogravure and flexography printing inks, nail polish, wood sealant and finish, car refinish and leather finish segments, with new applications cropping up all the time. A large number of patents was granted in connection with the application of new products based on nitrocellulose.

The global Nitrocellulose market was valued at US$ 732 million in 2023 and is anticipated to reach US$ 835 million by 2030, witnessing a CAGR of 0.9% during the forecast period 2024-2030.

The major players in global Nitrocellulose market include Sichuan Nitrocell Corporation, Nobel NC, Nitro Química, etc. The top 3 players occupy about 42% shares of the global market. China and Europe are main production value markets, they occupy about 64% of the global market. M-grade Nitrocellulose is the main type, with a share about 60%. Coatings and Paints is the main application, which holds a share about 49%.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Nitrocellulose, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Nitrocellulose.

The Nitrocellulose market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Nitrocellulose market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Nitrocellulose manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation


By Company


Sichuan Nitrocell Corporation

Nobel NC

Nitro Química

IFF

TNC Industrial

Hubei Xuefei Chemical

Nitrex Chemicals

Xinxiang Taixiao Chemical

Synthesia

Henan Chuangyue Chemical

Jiangsu Tailida

Groupe Eurenco

by Type

E-grade Nitrocellulose

M-grade Nitrocellulose

A-grade Nitrocellulose

Others

by Application

Coatings and Paints

Printing Inks

Celluloid

Others


Production by Region



China

Europe

Latin America

Southeast Asia

India

Japan

North America


Consumption by Region


North America

U.S.

Canada

Asia-Pacific

China

Japan

South Korea

China Taiwan

Southeast Asia

India

Europe

Germany

France

U.K.

Italy

Russia

Rest of Europe

Latin America, Middle East & Africa

Mexico

Brazil

Turkey

GCC Countries

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Detailed analysis of Nitrocellulose manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Production/output, value of Nitrocellulose by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 4: Consumption of Nitrocellulose in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: The main points and conclusions of the report.


Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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