Get In Touch

Cellulose Acetate Propionate Market: Introduction

  • Cellulose acetate propionate is a free-flowing powder with low-odor. It is especially used in printing inks and clear overprint varnishes, and nail lacquer topcoats due of its wide solubility in ink solvents and compatibility with other resins used in printing inks.
  • Cellulose acetate propionate exhibits excellent anti-blocking properties. Its grease resistance is superior to that of many other film formers. Cellulose acetate propionate helps reduce surface defects such as pinholes and craters; and typically improves wetting, block resistance, adhesion, and solvent release, thus enabling faster print and coat speeds when used in inks and coatings.

Key Drivers of Global Cellulose Acetate Propionate Market

  • The global cellulose acetate propionate market is driven by the increase in application of cellulose acetate propionate in various products such as printing inks and coating products. The chemical compound is used to clear overprint varnishes. It is also used as a film coating material.
  • Cellulose acetate propionate is primarily employed as a pharmaceutical excipient due to its solubility that is dependent on the pH of aqueous media. Cellulose acetate propionate-based enteric coatings are resistant to acidic gastric fluids, but are easily soluble in mildly basic medium of the intestine.
  • Enactment of supportive regulatory framework by various regulatory bodies, such as the FDA and the EPA, is driving the global cellulose acetate propionate market

Are you a start-up willing to make it big in the business? Grab an exclusive PDF sample of this report

Film Coating Application Segment to Dominate Global Market

  • Based on application, the film coating segment dominated the global cellulose acetate propionate market in 2018, owing to the extensive usage of film coatings in the pharmaceutical industry. The film coating segment is anticipated to expand at a significant pace owing to the increase in demand for cellulose acetate propionate for controlled release formulations in film coatings for capsules and tablets.
  • The cellulose acetate propionate compound is used to form rigid capsule in microencapsulation. Furthermore, it can be employed as a supporting material during the usage of the spray drying technique in the pharmaceutical industry.

Availability of Substitutes to Hamper the Market for Cellulose Acetate Propionate

  • Easy availability of substitutes is expected to hamper the market for cellulose acetate propionate during the forecast period.
  • Key substitutes of cellulose acetate propionate include other cellulose compounds such as cellulose acetate butyrate, which are available at low cost

Asia Pacific to Hold Significant Share for Global Cellulose Acetate Propionate Market

  • In terms of region, the global cellulose acetate propionate market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • Asia Pacific is the major region of the global cellulose acetate propionate market. Growth in the pharmaceutical industry in countries of Asia Pacific is expected to boost the demand for cellulose acetate propionate in the region. Furthermore, easy availability of raw materials is estimated to augment the production of cellulose acetate propionate in the region.
  • Presence of a well-established pharmaceutical sector in North America is the major factor driving the consumption of cellulose acetate propionate in the region. The market in Europe has been expanding significantly. The region is experiencing high demand for pharmaceutical products obtained from natural derivatives.

Expanding operations in future? To get the perfect launch ask for a custom report

Key Players Operating in Global Market

The global cellulose acetate propionate market is highly consolidated with a few large players dominating the market. The market includes a large number of domestic and international market players. Integration by key players from procurement of raw material to distribution of the final product across the value chain is also a key strategy adopted in this market. Additionally, companies operating in the cellulose acetate propionate market are conducting research in low-cost production methods to produce chemicals by investing significantly in research and development activities.

Key players operating in the global cellulose acetate propionate market include:

  • Daicel Corporation
  • China National Tobacco Corporation
  • Acordis Cellulostic Fibers Inc.
  • Mitsubishi Chemical Holdings Corporation
  • Sichuan Push Acetati LLC
  • Solvay SA
  • Eastman Chemical Company
  • Rayonier Advanced Materials Inc.
  • Celanese Corporation and Sappi Limited

Global Cellulose Acetate Propionate Market: Research Scope

Global Cellulose Acetate Propionate Market, by Application

  • Film Coatings
  • Printing Inks
  • Others

Global Cellulose Acetate Propionate Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Cellulose Acetate Propionate Market

Pre Book