Please Wait.....
Report
United States Cellulose Acetate - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2029
Market Report I 2024-02-17 I 80 Pages I Mordor Intelligence
The US cellulose acetate market is estimated to reach 208.33 kilotons by the end of this year. It is projected to reach 222.44 kilotons in the next five years, registering a CAGR of 1.32% during the forecast period.
The market was negatively impacted by the COVID-19 pandemic in 2020 due to nationwide lockdowns, which led to supply chain disruptions and restrained the exports of cellulose acetate yarns from the country. The production of cellulose acetate declined during the year as several responsible factories were shut down during the pandemic in the country. However, the ease of restrictions and improved industrial activities from 2021 helped recover the market and its growth.
Key Highlights
-The growing demand for cellulose acetate from the textile industry is the major factor contributing to the growth of the market studied in the country.
-On the contrary, the market's growth is hindered by stringent government regulations on tobacco usage and the declining demand for cellulose acetate in photographic films.
-Nevertheless, the increasing use of cellulose acetate for water treatment is likely to create opportunities for cellulose acetate in the United States over the coming years.
-Cellulose acetate demand from the fiber segment is expected to remain robust as these fibers are largely used in the textile industry and as cigarette filters, the largest application segment for cellulose acetate.
United States Cellulose Acetate Market Trends
High Demand for Cellulose Acetate Fibers
- Cellulose acetate fibers have a high sheen and are mainly used in producing easy-care garments and inner linings. Besides, these materials are also known to be breathable, absorbent, and comfortable, which are preferred by top designers worldwide.
- These fibers can also be dyed in different colors and combined with other fibers like cotton, rayon, wool, silk, etc.
- According to data from the International Trade Centre, the United States is the world's largest exporter of cellulose acetate filament yarn. As of 2022, the country exported 29.52 kilotons of yarn, showcasing a growth of nearly 8% compared to the previous year. High exports indicate the prominent production of these materials in the country.
- Another prominent usage of cellulose acetate fibers is cellulose diacetate tow (bundle of fibers) as a principal material for cigarette filters. The filter tow aids in the removal of tar while maintaining a favorable taste to the smoker.
- Cigarettes are still the most commonly used tobacco product in the United States. However, the year-on-year growth has been declining owing to increased consumer awareness over its harmful repercussions on health and government regulations to restrict the usage of the product.
- All the aforementioned factors largely influence the demand for cellulose acetate in the form of fibers in the United States.
Cigarette is the Largest Application Segment in the United States
- A cigarette comprises four major components, namely, filter, tobacco, additives, and cigarette wrappers. Cigarette filters are designed to absorb vapors and accumulate particulate smoke components. Filters also prevent tobacco from entering a smoker's mouth and provide a mouthpiece that will not collapse as the cigarette is smoked.
- According to the Centers for Disease Control and Prevention (CDC), smoking leads to nearly 480,000 deaths in the United States every year; however, this can be prevented if adequate measures of prevention and control are practiced by the government or any related authorities.
- As per data released in the Global Smoking Report, the top five states with the highest smoking rates in the United States in 2022 were West Virginia, Kentucky, Louisiana, Ohio, and Mississippi.
- However, the year-on-year smoking rate in the United States has been declining owing to the prohibitions by the Food and Drug Administration (FDA) on its usage and rising concern over the health of the citizens.
- Though the smoking rate has been declining, the cigarette segment still stands to be the dominating application segment in the country.
United States Cellulose Acetate Industry Overview
The US cellulose acetate market is consolidated by nature. Some of the major players (in no particular order) in the market include Daicel Corporation, RYAM, Eastman Chemical Company, Rotuba, and Celanese Corporation, among others.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Drivers
4.1.1 Increasing Usage in Textile Industry
4.1.2 Growing Number of Youth Smokers in the Country
4.1.3 Other Drivers
4.2 Market Restraints
4.2.1 Stringent Government Regulations Regarding Tobacco Usage
4.2.2 Declining Demand for Photographic Films
4.3 Industry Value Chain Analysis
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Degree of Competition
5 MARKET SEGMENTATION (Market Size in Volume)
5.1 Type
5.1.1 Fibers
5.1.2 Plastics
5.2 Application
5.2.1 Cigarette Filters
5.2.2 Photographic Films
5.2.3 Plastics
5.2.4 Textiles
5.2.5 Other Applications (Cosmetics, Healthcare, etc.)
6 COMPETITIVE LANDSCAPE
6.1 Merger, Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share (%)**/Ranking Analysis
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 Borregaard AS
6.4.2 Celanese Corporation
6.4.3 Daicel Corporation
6.4.4 Eastman Chemical Company
6.4.5 Mitsubishi Chemical Corporation
6.4.6 Rotuba
6.4.7 RYAM
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Increasing Use of Cellulose Acetate for Water Treatment
7.2 Other Opportunities
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security