mayuri67 (14)

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Nitrocellulose Market 2030


Industry
Survey, Growth, Competitive Landscape

and Forecasts to
2030
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Nitrocellulose Market 2030
Nitrocellulose Market 2030 Industry Survey,
Growth, CompetitiveLandscape and Forecasts to
2030

• Nitrocellulose is known as guncotton and is a
  highly inflammable compound. Generally,
  nitrocellulose is added to inks or used for
  coatings and imparts unique characteristics such
  as excellent adhesion, superior drying
  properties, and high solubility.
• According to the reports published by Market
  Research Future Reports, the global
  nitrocellulose market is set to proliferate by
  approximately USD 950 million by 2030.
• High rates at which waterborne paints are sold
  should present significant opportunities to the
  market participants over the following years.
  Other factors fostering the market size can be
  frequent revisions in economic policies that aim
  to boost the lifespan of the existing buildings
  and other structures, which is quite likely to
  raise the market demand in the near future.

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Nitrocellulose Market 2023

• Competitive Landscape
• The key players of global nitrocellulose market
  are Atomax Chemicals Co., Ltd., Nitro Quimica,
  Hubei Xuefei Chemical, Hengshui Orient Chemical
  Co., Ltd., Nobel NC, IVM Chemicals, Synthesia,
  antong Tailida Chemical Co., Ltd., and Nitro
  Chemical Industry Co., Ltd.
• Enquiry of the Report https//www.marketresearchf
  uture.com/enquiry/2092

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Nitrocellulose Market 2023
Regional Analysis

• On a geographical note, Asia-Pacific region leads
  the nitrocellulose market in terms of both,
  volume and value, which is expected to
  proliferate significantly at a higher CAGR by
  2022. In the Asia Pacific, China has been a
  significant revenue generating country owing to
  growing end-user industry and an increase in the
  consumption rate of chemicals by manufacturers.
  Also, substantial expansion scope in the
  automotive industry in India, South Korea
  Taiwan, and leather industries in Vietnam may
  enhance the market growth. Besides, a surge in
  personal care and cosmetic products demands from
  the middle-class population may also stimulate
  the global nitrocellulose market substantially.
• Whereas, North America for second market share in
  this segment. North America led by the U.S.
  nitrocellulose market may also witness gains of
  market by the end of the forecast period. U.S.
  market, driven by wood coatings and printing ink
  applications segment along with increased
  spending on lifestyle products and growing
  e-commerce industry may boost regional market
  growth during the projected period.
• Europe is now estimated to witness moderate
  growth on account of rising demand from the
  automotive sector. Furthermore, stringent
  regulations for the storage and usage of this
  product have led to increased innovation and
  development in this sector. Access Full Report
  Details and Order this Premium Report
  _at_  https//www.marketresearchfuture.com/reports/n
  itrocellulose-market-2092requestForTOC
•  

5
Nitrocellulose Market 2023
Application Major Players in this Research

• In the reports by MRFR, the global nitrocellulose
  market has been segmented based on the product,
  application, and region for the forecasted period
  2016 to 2022.
• Segmentation by product, the market is
  categorized as M grade cellulose, E grade
  cellulose, and others. In M grade cellulose,
  nitrocellulose is highly applied in consumer
  products such as thickener and emulsifier in
  lubricants in nutritional supplement capsules and
  others.
• Based on application, the global nitrocellulose
  market is segmented into printing inks,
  automotive paints, wood coatings, leather
  finishes, nail varnishes, and others. Out of
  which, print inking inks is driven by technology
  advancement and eco-friendly inks and is the
  largest application industry of nitrocellulose
  market. While automotive paints are the second
  largest segment in Nitrocellulose, on the other
  hand, wood coating manufacturing process also
  highly utilize nitrocellulose, as it has the
  ability to coat multiple time and it is
  user-friendly. Due to these factors
  nitrocellulose is expected to witness significant
  growth in the forecasted period.

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