Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Cellulose Derivatives Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Projected Market Size of the Cellulose Derivatives Industry in 2024 and 2025?
The market size for cellulose derivatives has been experiencing solid growth recently. The market size is anticipated to rise from $6.31 billion in 2024 to $6.73 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.6%.
What Is the Projected Market Size of the Cellulose Derivatives Market in 2029?
The cellulose derivatives market is forecasted to reach a size of $8.81 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.0%.
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What Are the Key Drivers of Cellulose Derivatives Market Growth?
The key Drivers in the cellulose derivatives market are:
• Rising demand for pharmaceuticals and personal care products
• Increasing health awareness among consumers
• Aging population needing more healthcare products
• Advancements in medical and cosmetic technologies
What Are the Primary Segmentation Categories in the Cellulose Derivatives Market?
The cellulose derivativesmarket covered in this report is segmented –
1) By Type: Methyl Cellulose, Hydroxypropyl Methylcellulose (HPMC), Hydroxypropyl Cellulose (HPC), Carboxymethyl Cellulose, Hydroxyethyl Cellulose (HEC), Ethyl Cellulose, Other Types
2) By Grade: Industrial Grade, Food Grade, Pharmaceutical Grade
3) By End Users: Food Industry, Pharmaceutical Industry, Personal Care, Construction, Paint Industry, Other End Users
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What Are the Major Trends Shaping the Cellulose Derivatives Market in 2025 and Beyond?
The key trends in the cellulose derivatives market are:
• There is an increased focus on innovation and sustainability in the cellulose derivatives market.
• The development and use of cellulose thickeners is becoming a noticeable trend in different industries.
• Products with improved functionality and environmental benefits are highly sought after.
• There is a growing shift towards low-volatile organic compound alternatives in certain applications like paints.
Who Are the Emerging Players in the Cellulose Derivatives Market?
The key players in the cellulose derivatives market are:
• The Dow Chemical Company
• Shin-Etsu Chemical Co. Ltd.
• Akzo Nobel N.V.
• Eastman Chemical Company
• Celanese Corporation
• Nippon Paper Industries Co. Ltd.
• Sappi Limited
• Nouryon
• SNF Group
• Daicel Corporation
• Ashland Global Holdings Inc.
• Rayonier Advanced Materials Inc.
• LOTTE Fine Chemical Co. Ltd.
• Viscofan
• CP Kelco ApS
• Lamberti SpA
• Yueyang Xingchang Petrochemical Co Ltd
• DKS Co Ltd
• Shandong Head Co Ltd
• J RETTENMAIER & SÖHNE GmbH + Co KG
• Reliance Cellulose Products Ltd
• SE Tylose GmbH & Co KG
• Hangzhou Dayangchem Co Ltd
Which Regions Are Leading the Growth in the Global Cellulose Derivatives Market?
Asia-Pacific was the largest region in the cellulose derivatives market in 2024 and is expected to be the fastest-growing region in the forecast period
