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Showing posts with the label Nitrocellulose Industry

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