Nitrocellulose Market Key Players, Growth Analysis during 2022-2028

Nitrocellulose Market was valued at USD 1.2 billion in 2021 and is expected to grow at a CAGR of 6% between 2022 and 2028. Nitrocellulose is used in explosives, rocket propellant, lacquer, flash paper, smokeless gunpowder, leather finitely, printing ink base, coated in bookbinding cloth, in laboratory test film, used for ping pong, medicine and celluloid ultra X-ray, photography and film film. Surging demand for automotive paints is the main market driver of the global nitrocellulose market. In the rise of environmental problems as well as improved efficiency provides hybrid and electric vehicles, resulting in increased demand for automotive paint. The highly explosive properties of nitrocellulose are an important market constraint in the global nitrocellulose market.

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Top Major Key Players Industries

EURENCO,
Hagedorn NC,
GRN Cellulose Pvt. Ltd.,
Nitrex Chemicals India Pvt. Ltd.,
Hengshui Orient Chemical Co., Ltd.,
Nitro Quimica,
Nitrocellulose Group,
Synthesia a.s.,
North Sichuan Nitrocellulose Corporation,
TNC Industrial Co. Ltd.

by Product

M Grade Cellulose
E Grade Cellulose
A Grade Cellulose
Others

by Application

Printing Inks
Automotive Paints
Wood Coatings
Leather Finishes
Nail Varnishes
Others

by End Use Industry

Building and Construction
Textile
Automobile
Aerospace
Personal Care and Cosmetics
Marines
Others

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Scope of the Report

The research study analyzes the global Nitrocellulose industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size andor Volume
o Latin America Market Size andor Volume
o Europe Market Size andor Volume
o Asia-Pacific Market Size andor Volume
o Rest of the world Market Size andor Volume

Key Questions Answered by Nitrocellulose Market Report

What was the Nitrocellulose Market size in 2018 and 2022; what are the estimated growth trends and market forecast (2022-2028).
What will be the CAGR of Nitrocellulose Market during the forecast period (2022-2028)
Which segments (product type or applications or end-user) were most attractive for investments in 2018 How these segments are expected to grow during the forecast period (2022-2028).
Which manufacturer vendor or players in the Nitrocellulose Market was the market leader in 2018
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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