The ethyl cellulose market isexpected to grow at a CAGR of 6.04%, reaching a market size of US$1.30 billion in 2030 from US$974.355 million in 2025.
Ethyl cellulose (EC) is an ethyl ether of cellulose andis a free-flowing, white-to-light-tan powder. One of the advantages of ethyl cellulose plastics is that theyare an alternative to PET in screen printing, boasting superior water resistance compared to other biodegradable options. It is an eco-friendly option. Ethylcellulose plastics can be made at a scalable level, and their low energy requirements for the fabrication process could change the landscape ofeco-conscious production. The biodegradability of Ethylcellulose plastics is very useful in the food packaging industry. Offering a sustainable alternative paves the way for greener practices in flexible production.
The other major applications of substances include cosmetics, nail polish, vitamin coatings, printing inks, and special coatings, among others. It is used as a thin coating in the paper and as an emulsifier in the food industry.
Solar PV is an important part of the clean energy transitions worldwide. It significantly contributes to reducing carbon emissions globally, underpinning efforts to reach international energy and climate goals. According to theIEA (International Energy Agency), the number of households relying on solar PV will probably grow from 25 million at present to more than 100 million by 2030. Global solar PV manufacturing capacity has been increasing in Europe, Japan, the United States, and China over the last decade. China has invested over USD 50 billion in new PV supply capacity.
The Asia-Pacific region is expected to see notable growth in the ethyl cellulose demand market due to the increasing number of applications in the pharmaceuticals and food packaging industry.
The region holds the world's largest population; thus, the demand from the food sector is likely to increase. Further, according to the IBEF (India Brand Equity Foundation), the market size of India's pharmaceuticals industry is US$65 billion in 2024 and is expected to reach US$130 billion by 2030 and US$450 billion market by 2047. The Indian pharmaceutical industry is boomingandhailed as the 'pharmacy of the world'. India has the highest number of USFDA-approved plants outside the U.S.
North America is expected to have a significant market share for ethylcellulose plastics products due to the major demand from cosmetics, food packaging, paints & coatings, and electronic items. U.S. processed food products exports in 2023 had a total volume of 10.51 Metric Tons (Millions).
Ethyl cellulose (EC) is an ethyl ether of cellulose andis a free-flowing, white-to-light-tan powder. One of the advantages of ethyl cellulose plastics is that theyare an alternative to PET in screen printing, boasting superior water resistance compared to other biodegradable options. It is an eco-friendly option. Ethylcellulose plastics can be made at a scalable level, and their low energy requirements for the fabrication process could change the landscape ofeco-conscious production. The biodegradability of Ethylcellulose plastics is very useful in the food packaging industry. Offering a sustainable alternative paves the way for greener practices in flexible production.
The other major applications of substances include cosmetics, nail polish, vitamin coatings, printing inks, and special coatings, among others. It is used as a thin coating in the paper and as an emulsifier in the food industry.
Ethyl cellulose market drivers
Increasing solar panel market
Ethylcellulose is added to a titania (TiO2) paste as a binder, affecting the photovoltaic performance of dye-sensitized solar cells. The right amount of EC as an organic binder in the paste is important for the formation of crack-free ZnO films. This optimizes the photovoltaic performance.Solar PV is an important part of the clean energy transitions worldwide. It significantly contributes to reducing carbon emissions globally, underpinning efforts to reach international energy and climate goals. According to theIEA (International Energy Agency), the number of households relying on solar PV will probably grow from 25 million at present to more than 100 million by 2030. Global solar PV manufacturing capacity has been increasing in Europe, Japan, the United States, and China over the last decade. China has invested over USD 50 billion in new PV supply capacity.
Ethyl cellulose market geographical outlook
The ethyl cellulose market is segmented into five regions worldwide
By geography, the market is segmented into North America, South America, Europe, theMiddle East and Africa, and Asia-Pacific. The major economies like China, Japan, India, and South Korea dominate the Asia-Pacific region. Some of the fastest-growing emerging economies are from this region, such as ASEAN countries.The Asia-Pacific region is expected to see notable growth in the ethyl cellulose demand market due to the increasing number of applications in the pharmaceuticals and food packaging industry.
The region holds the world's largest population; thus, the demand from the food sector is likely to increase. Further, according to the IBEF (India Brand Equity Foundation), the market size of India's pharmaceuticals industry is US$65 billion in 2024 and is expected to reach US$130 billion by 2030 and US$450 billion market by 2047. The Indian pharmaceutical industry is boomingandhailed as the 'pharmacy of the world'. India has the highest number of USFDA-approved plants outside the U.S.
North America is expected to have a significant market share for ethylcellulose plastics products due to the major demand from cosmetics, food packaging, paints & coatings, and electronic items. U.S. processed food products exports in 2023 had a total volume of 10.51 Metric Tons (Millions).
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- Historical data & forecasts from 2022 to 2030
- Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
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- Revenue Growth and Forecast Assessment of segments and regions including countries
- Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
The ethyl cellulose market is segmented and analyzed as follows:
By Distribution Channel
- Direct
- Indirect
By End Users
- Pharmaceuticals
- Cosmetics
- Food Packaging
- Paints & Coatings
- Electronic Items
By Grade
- Pharmaceutical
- Industrial
- Food
By Geography
- North America
- South America
- Europe
- Middle East and Africa
- Asia-Pacific
Table of Contents
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
5. ETHYL CELLULOSE MARKET BY DISTRIBUTION CHANNEL
6. ETHYL CELLULOSE MARKET BY END USERS
7. ETHYL CELLULOSE MARKET BY GRADE
8. ETHYL CELLULOSE MARKET BY GEOGRAPHY
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
10. COMPANY PROFILES
Companies Mentioned
- Lotte Fine Chemicals
- African Chemicals S.A.E.
- SIDLEY CHEMICAL CO., LTD.
- Shandong Head Co. Ltd.
- Haihang Industry
- ChemPoint (Univar)
- The Dow Chemical Company
- Ashland Global Specialty Chemicals Inc.
- Otto Chemie Pvt. Ltd.
- Central Drug House.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 148 |
Published | November 2024 |
Forecast Period | 2025 - 2030 |
Estimated Market Value ( USD | $ 974.36 Million |
Forecasted Market Value ( USD | $ 1300 Million |
Compound Annual Growth Rate | 6.0% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |