Transparency Market Research Report Added "Cellulose Acetate Market" to its database.
Albany, NY -- (SBWIRE) -- 04/21/2015 -- Cellulose acetate is an eco-friendly thermoplastic polymer attained by acetylating cellulose. It is a transparent, glossy, non-flammable and tough polymer with good dimensional solidity and high resistance against heat and chemicals. Cellulose acetate is obtained in flake form from wood pulp with the help of acetic anhydride. It is available in granular, powder and fiber form.
Cellulose acetate finds application in a variety of products such as textile fibers, cigarette filters, wound dressings, absorbent wipes and clothes, personal hygiene, photography, playing cards and magnetic computer tape among others. It is used in apparels such as buttons, sunglasses and spectacle frames, dresses, linings, home furnishings, upholstery, slip covers and draperies. It is a popular bio-plastic because it is cheap and easily available. It is environment friendly, renewable and poses no health threats.
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Cigarette tow is the dominants end-use application worldwide followed by textile applications and others. China is the dominant consumer of cellulose acetate driven by its use in the cigarette filter market. Cigarette filter applications are decreasing in U.S. and Europe owing to rising awareness about hazards of smoking and stringent government legislations and regulation enforcements. Surface coatings are estimated to be the fastest growing application market for cellulose acetate. Global demand is expected to be driven by growing consumption of cigarettes in developing countries, demand for longer cigarette filters and shift towards cellulose acetate tow filters from polypropylene cigarette filters.
Some of the major players in this market are Celanese Corporation, Eastman Chemical company, Daicel Corporation, Solvay Acetow and Mitsubishi Rayon Co. There is considerable investment for innovation and capacity addition in this market with major facilities being erected in China.
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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR's global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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