Nitrocellulose Market Size 2025-2029
The nitrocellulose market size is forecast to increase by USD 556.2 million, at a CAGR of 8.5% between 2024 and 2029.
- Nitrocellulose is a versatile chemical compound derived from nitric acid and cellulose. Its widespread applications include use as a key ingredient in various industries such as wood coatings, printing inks, apparel, organic solvents for packaging, industrial lubricants, labels, and paints and coatings. In the US market, the demand for nitrocellulose is driven by its extensive usage in cotton, plastic films, construction, and emulsifiers in various end-use sectors. The availability of abundant cellulose and the simple manufacturing process make nitrocellulose production cost-effective. However, stringent regulations on emissions of hazardous substances pose a challenge to market growth. Nitrocellulose is also used in the production of propellants, tin and lithium batteries, adhesives, fragrances, wooden furniture, LED, and e-commerce packaging.
- The increasing shift towards e-commerce and the growing demand for sustainable and eco-friendly packaging solutions are expected to provide significant growth opportunities for the market in North America. Additionally, the use of nitrocellulose in dietary supplements, solvents, and industrial lubricants further expands its market scope. The logistics and transportation of nitrocellulose require careful handling due to its sensitivity to moisture and temperature, adding to the market complexity. Other applications of nitrocellulose include use in pulp, plastic, and sulfuric acid production. Overall, the market is expected to witness steady growth due to its diverse applications and the increasing demand for sustainable and eco-friendly solutions.
What will be the Size of the Nitrocellulose Market During the Forecast Period?
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1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Grade Type
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
- 3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Market characteristics analysis
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ million)
- Data Table on Global - Market size and forecast 2024-2029 ($ million)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
- 5.1 Global Nitrocellulose Market 2019 - 2023
- Historic Market Size - Data Table on Global Nitrocellulose Market 2019 - 2023 ($ million)
- 5.2 Application segment analysis 2019 - 2023
- Historic Market Size - Application Segment 2019 - 2023 ($ million)
- 5.3 Grade Type segment analysis 2019 - 2023
- Historic Market Size - Grade Type Segment 2019 - 2023 ($ million)
- 5.4 Type segment analysis 2019 - 2023
- Historic Market Size - Type Segment 2019 - 2023 ($ million)
- 5.5 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ million)
- 5.6 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
- 6.1 Impact of AI on the Global Nitrocellulose Market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
- 7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Application
- 8.1 Market segments
- Chart on Application - Market share 2024-2029 (%)
- Data Table on Application - Market share 2024-2029 (%)
- 8.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
- 8.3 Printing ink - Market size and forecast 2024-2029
- Chart on Printing ink - Market size and forecast 2024-2029 ($ million)
- Data Table on Printing ink - Market size and forecast 2024-2029 ($ million)
- Chart on Printing ink - Year-over-year growth 2024-2029 (%)
- Data Table on Printing ink - Year-over-year growth 2024-2029 (%)
- 8.4 Automotive paint - Market size and forecast 2024-2029
- Chart on Automotive paint - Market size and forecast 2024-2029 ($ million)
- Data Table on Automotive paint - Market size and forecast 2024-2029 ($ million)
- Chart on Automotive paint - Year-over-year growth 2024-2029 (%)
- Data Table on Automotive paint - Year-over-year growth 2024-2029 (%)
- 8.5 Wood coating - Market size and forecast 2024-2029
- Chart on Wood coating - Market size and forecast 2024-2029 ($ million)
- Data Table on Wood coating - Market size and forecast 2024-2029 ($ million)
- Chart on Wood coating - Year-over-year growth 2024-2029 (%)
- Data Table on Wood coating - Year-over-year growth 2024-2029 (%)
- 8.6 Leather finishes - Market size and forecast 2024-2029
- Chart on Leather finishes - Market size and forecast 2024-2029 ($ million)
- Data Table on Leather finishes - Market size and forecast 2024-2029 ($ million)
- Chart on Leather finishes - Year-over-year growth 2024-2029 (%)
- Data Table on Leather finishes - Year-over-year growth 2024-2029 (%)
- 8.7 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ million)
- Data Table on Others - Market size and forecast 2024-2029 ($ million)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)
- 8.8 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)
9 Market Segmentation by Grade Type
- 9.1 Market segments
- Chart on Grade Type - Market share 2024-2029 (%)
- Data Table on Grade Type - Market share 2024-2029 (%)
- 9.2 Comparison by Grade Type
- Chart on Comparison by Grade Type
- Data Table on Comparison by Grade Type
- 9.3 E grade - Market size and forecast 2024-2029
- Chart on E grade - Market size and forecast 2024-2029 ($ million)
- Data Table on E grade - Market size and forecast 2024-2029 ($ million)
- Chart on E grade - Year-over-year growth 2024-2029 (%)
- Data Table on E grade - Year-over-year growth 2024-2029 (%)
- 9.4 A grade - Market size and forecast 2024-2029
- Chart on A grade - Market size and forecast 2024-2029 ($ million)
- Data Table on A grade - Market size and forecast 2024-2029 ($ million)
- Chart on A grade - Year-over-year growth 2024-2029 (%)
- Data Table on A grade - Year-over-year growth 2024-2029 (%)
- 9.5 M grade - Market size and forecast 2024-2029
- Chart on M grade - Market size and forecast 2024-2029 ($ million)
- Data Table on M grade - Market size and forecast 2024-2029 ($ million)
- Chart on M grade - Year-over-year growth 2024-2029 (%)
- Data Table on M grade - Year-over-year growth 2024-2029 (%)
- 9.6 Market opportunity by Grade Type
- Market opportunity by Grade Type ($ million)
- Data Table on Market opportunity by Grade Type ($ million)
10 Market Segmentation by Type
- 10.1 Market segments
- Chart on Type - Market share 2024-2029 (%)
- Data Table on Type - Market share 2024-2029 (%)
- 10.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
- 10.3 Soluble - Market size and forecast 2024-2029
- Chart on Soluble - Market size and forecast 2024-2029 ($ million)
- Data Table on Soluble - Market size and forecast 2024-2029 ($ million)
- Chart on Soluble - Year-over-year growth 2024-2029 (%)
- Data Table on Soluble - Year-over-year growth 2024-2029 (%)
- 10.4 Insoluble - Market size and forecast 2024-2029
- Chart on Insoluble - Market size and forecast 2024-2029 ($ million)
- Data Table on Insoluble - Market size and forecast 2024-2029 ($ million)
- Chart on Insoluble - Year-over-year growth 2024-2029 (%)
- Data Table on Insoluble - Year-over-year growth 2024-2029 (%)
- 10.5 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)
11 Customer Landscape
- 11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
- 12.1 Geographic segmentation
- Chart on Market share by geography 2024-2029 (%)
- Data Table on Market share by geography 2024-2029 (%)
- 12.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 12.3 APAC - Market size and forecast 2024-2029
- Chart on APAC - Market size and forecast 2024-2029 ($ million)
- Data Table on APAC - Market size and forecast 2024-2029 ($ million)
- Chart on APAC - Year-over-year growth 2024-2029 (%)
- Data Table on APAC - Year-over-year growth 2024-2029 (%)
- 12.4 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ million)
- Data Table on Europe - Market size and forecast 2024-2029 ($ million)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)
- 12.5 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ million)
- Data Table on North America - Market size and forecast 2024-2029 ($ million)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)
- 12.6 Middle East and Africa - Market size and forecast 2024-2029
- Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- 12.7 South America - Market size and forecast 2024-2029
- Chart on South America - Market size and forecast 2024-2029 ($ million)
- Data Table on South America - Market size and forecast 2024-2029 ($ million)
- Chart on South America - Year-over-year growth 2024-2029 (%)
- Data Table on South America - Year-over-year growth 2024-2029 (%)
- 12.8 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ million)
- Data Table on US - Market size and forecast 2024-2029 ($ million)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)
- 12.9 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ million)
- Data Table on China - Market size and forecast 2024-2029 ($ million)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)
- 12.10 Japan - Market size and forecast 2024-2029
- Chart on Japan - Market size and forecast 2024-2029 ($ million)
- Data Table on Japan - Market size and forecast 2024-2029 ($ million)
- Chart on Japan - Year-over-year growth 2024-2029 (%)
- Data Table on Japan - Year-over-year growth 2024-2029 (%)
- 12.11 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ million)
- Data Table on Germany - Market size and forecast 2024-2029 ($ million)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)
- 12.12 India - Market size and forecast 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ million)
- Data Table on India - Market size and forecast 2024-2029 ($ million)
- Chart on India - Year-over-year growth 2024-2029 (%)
- Data Table on India - Year-over-year growth 2024-2029 (%)
- 12.13 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ million)
- Data Table on UK - Market size and forecast 2024-2029 ($ million)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)
- 12.14 South Korea - Market size and forecast 2024-2029
- Chart on South Korea - Market size and forecast 2024-2029 ($ million)
- Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
- Chart on South Korea - Year-over-year growth 2024-2029 (%)
- Data Table on South Korea - Year-over-year growth 2024-2029 (%)
- 12.15 Canada - Market size and forecast 2024-2029
- Chart on Canada - Market size and forecast 2024-2029 ($ million)
- Data Table on Canada - Market size and forecast 2024-2029 ($ million)
- Chart on Canada - Year-over-year growth 2024-2029 (%)
- Data Table on Canada - Year-over-year growth 2024-2029 (%)
- 12.16 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ million)
- Data Table on France - Market size and forecast 2024-2029 ($ million)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)
- 12.17 Italy - Market size and forecast 2024-2029
- Chart on Italy - Market size and forecast 2024-2029 ($ million)
- Data Table on Italy - Market size and forecast 2024-2029 ($ million)
- Chart on Italy - Year-over-year growth 2024-2029 (%)
- Data Table on Italy - Year-over-year growth 2024-2029 (%)
- 12.18 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)
13 Drivers, Challenges, and Opportunity/Restraints
- 13.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
- 13.4 Market opportunities/restraints
14 Competitive Landscape
- 14.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 14.3 Landscape disruption
- Overview on factors of disruption
- 14.4 Industry risks
- Impact of key risks on business
15 Competitive Analysis
- 15.2 Company ranking index
- 15.3 Market positioning of companies
- Matrix on companies position and classification
- 15.4 AGROFERT AS
- AGROFERT AS - Overview
- AGROFERT AS - Product / Service
- AGROFERT AS - Key offerings
- SWOT
- 15.5 Asahi Kasei Corp.
- Asahi Kasei Corp. - Overview
- Asahi Kasei Corp. - Business segments
- Asahi Kasei Corp. - Key news
- Asahi Kasei Corp. - Key offerings
- Asahi Kasei Corp. - Segment focus
- SWOT
- 15.6 Eastman Chemical Co.
- Eastman Chemical Co. - Overview
- Eastman Chemical Co. - Business segments
- Eastman Chemical Co. - Key news
- Eastman Chemical Co. - Key offerings
- Eastman Chemical Co. - Segment focus
- SWOT
- 15.7 Eurenco
- Eurenco - Overview
- Eurenco - Product / Service
- Eurenco - Key offerings
- SWOT
- 15.8 GRN Cellulose Pvt. Ltd.
- GRN Cellulose Pvt. Ltd. - Overview
- GRN Cellulose Pvt. Ltd. - Product / Service
- GRN Cellulose Pvt. Ltd. - Key offerings
- SWOT
- 15.9 Hagedorn NC GmbH
- Hagedorn NC GmbH - Overview
- Hagedorn NC GmbH - Product / Service
- Hagedorn NC GmbH - Key offerings
- SWOT
- 15.10 Hubei Xuefei Chemical Co. Ltd.
- Hubei Xuefei Chemical Co. Ltd. - Overview
- Hubei Xuefei Chemical Co. Ltd. - Product / Service
- Hubei Xuefei Chemical Co. Ltd. - Key offerings
- SWOT
- 15.11 International Flavors and Fragrances Inc.
- International Flavors and Fragrances Inc. - Overview
- International Flavors and Fragrances Inc. - Business segments
- International Flavors and Fragrances Inc. - Key news
- International Flavors and Fragrances Inc. - Key offerings
- International Flavors and Fragrances Inc. - Segment focus
- SWOT
- 15.12 IVM Srl
- IVM Srl - Overview
- IVM Srl - Product / Service
- IVM Srl - Key offerings
- SWOT
- 15.13 MaxamCorp Holding S.L.
- MaxamCorp Holding S.L. - Overview
- MaxamCorp Holding S.L. - Product / Service
- MaxamCorp Holding S.L. - Key offerings
- SWOT
- 15.14 Nitrex Chemicals India Ltd.
- Nitrex Chemicals India Ltd. - Overview
- Nitrex Chemicals India Ltd. - Product / Service
- Nitrex Chemicals India Ltd. - Key offerings
- SWOT
- 15.15 Nitro Chemical Industry Ltd.
- Nitro Chemical Industry Ltd. - Overview
- Nitro Chemical Industry Ltd. - Product / Service
- Nitro Chemical Industry Ltd. - Key offerings
- SWOT
- 15.16 Nitroparis S.L.
- Nitroparis S.L. - Overview
- Nitroparis S.L. - Product / Service
- Nitroparis S.L. - Key offerings
- SWOT
- 15.17 Rheinmetall AG
- Rheinmetall AG - Overview
- Rheinmetall AG - Business segments
- Rheinmetall AG - Key news
- Rheinmetall AG - Key offerings
- Rheinmetall AG - Segment focus
- SWOT
- 15.18 TNC Industrial Co. Ltd.
- TNC Industrial Co. Ltd. - Overview
- TNC Industrial Co. Ltd. - Product / Service
- TNC Industrial Co. Ltd. - Key offerings
- SWOT
16 Appendix
- 16.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 16.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 16.4 Research methodology
- 16.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 16.9 360 degree market analysis
- 360 degree market analysis
- 16.10 List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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