Nitrocellulose Industry: Global Survey, Trends, Outlook, Overview and 2024 Forecast

Varied applications across numerous end-use industries are expected to drive the global market. The Global Nitrocellulose Market is expected to reach USD 1.05 billion by 2024, according to a new report by Grand View Research, Inc.

Nitrocellulose based printing inks are applied in gravure and flexography printing applications. There has been a rise in printing ink applications in the recent past and is expected to have a positive impact on the market growth.

Physical properties such as better adhesion and non-reactivity to other paints are expected to compliment the overall demand. Nitrocellulose, when added to inks or coatings imparts special characteristics such as excellent adhesion, superior drying properties, and high solubility.

Governments across the globe have issued several regulations and imposed various mandatory policies for importers to obtain import license for the trade of this product with an aim to safeguard public interest and prevent any misuse of this substance.

To Know More About Nitrocellulose Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/nitrocellulose-market

Industrial nitrocellulose is categorized as a hazardous substance and is thus exposed to a host of regulations related to explosive substances. Such a categorization leads to more precautionary measures and a higher related cost. However, growing industrialization is expected to create ample opportunities for industry expansion.

Top players of Nitrocellulose Market:

Key companies in the industry include Abu Zaabl Co. for Specialty Chemicals, Atomax Chemicals Co., Ltd, Dow Wolff Cellulosics GmbH, TNC Industrial Co., Ltd, Nitrochemie AG, Sichuan North Nitrocellulose Corporation and Hagedorn NC.

Market Segmentation of Nitrocellulose Market:

The Global Nitrocellulose Market Segmented on the basis of Application and Region.

By Application:

    Printing inks
    Automotive paints
    Wood coatings
    Leather finishes
    Nail Varnishes

By Region:

    North America
    Europe
    Asia Pacific
    Middle East & Africa
    Latin America

Inquire about Nitrocellulose Market with Our Experts @ https://www.grandviewresearch.com/inquiry/1661

Comments

U.S. Liquid Waste Management Market Segments and Key Trend till 2025

Growing organic & non-hazardous liquid waste generation through residential and commercial sources is expected to drive demand over the forecast period. The U.S. Liquid Waste Management Market is expected to reach USD 22.5 Billion by 2025, according to a new report by Grand View Research, Inc. Industrial & residential liquid waste is often associated with water-borne diseases since improper disposal of the waste leads to water pollution, environmental degradation, and soil contamination. As a result, the demand for hygienic liquid waste management services is expected to grow significantly over the forecast period. A major trend arising from the need to improve liquid waste management is the outsourcing of the services to global & competitive players in order to improve the focus on sustainability and meet stringent guidelines. In addition, the government undertakes public-private partnership projects to enhance the efficiency of the waste management process, whi...

Triethylene Glycol (TEG) Market with Current Trends Analysis -2022

Increasing natural gas output is expected to be one of the key factors driving TEG demand over the forecast period. Rise in gas production is expected to have a two-fold impact on the TEG market providing abundant feedstock for TEG manufacture on the supply side and utilizing TEG for gas de-hydration on the demand side. Aforementioned factor is anticipated to augment market growth over the forecast period. The Global Triethylene Glycol (TEG) Market is expected to reach USD 718.3 million by 2022, according to a new study by Grand View Research, Inc. Use of TEG in natural gas dehydration accounted for over 55% of global TEG volume in 2014. The segment is also expected to witness fastest growth at an estimated CAGR of over 3.5% from 2015 to 2022. High consumption of TEG in natural gas dehydration can be attributed to growing demand from developed nations including Japan, U.S., EU, Russia and Qatar. Moreover, improving infrastructure for gas import, transport and utilization in ...

Specialty Ingredients Market Figures and Analytical Insights 2019 – 2022

Shift in consumer focus towards organic products coupled with growing demand for anti-ageing and environmental defense skin care products is expected to drive the global specialty ingredients market over the forecast period. The Global Specialty Ingredients Market is expected to reach USD 141.12 billion by 2022, according to a new report by Grand View Research, Inc. Increasing preference for healthy and nutritional diet and enhancing growth of high quality pharmaceutical drugs is also expected to have a positive influence on the market growth. Food and beverages dominated the global industry on account of high demand for various beverages, supplements and nutritional dietary products across the globe. Food & beverage industry is expected to experience advancement owing to increasing demand for organic items coupled with high-quality and customized requirements by population over the forecast period. Changing lifestyle has also enhanced preference for nutritional goods whic...

Chemical Planet

Search This Blog