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Ethyl Cellulose Market - Forecasts from 2025 to 2030

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    Report

  • 148 Pages
  • November 2024
  • Region: Global
  • Knowledge Sourcing Intelligence LLP
  • ID: 6040055
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.

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).

Reasons for buying this report:

  • Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub-segments.
  • Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
  • Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.
  • Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment.
  • Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.

What do businesses use our reports for?

Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence

Report Coverage:

  • Historical data & forecasts from 2022 to 2030
  • Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
  • Competitive Positioning, Strategies, and Market Share Analysis
  • 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
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base and Forecast Years Timeline
1.8. Key Benefits for Stakeholders
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Process
3. EXECUTIVE SUMMARY
3.1. Key Findings
3.2. Analyst View
4. MARKET DYNAMICS
4.1. Market Drivers
4.1.1. Increasing solar panel market
4.1.2. Growing pharmaceutical market
4.1.3. The expanding food packaging market
4.2. Market Restraints
4.2.1. Insufficient research and development
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. ETHYL CELLULOSE MARKET BY DISTRIBUTION CHANNEL
5.1. Introduction
5.2. Direct
5.3. Indirect
6. ETHYL CELLULOSE MARKET BY END USERS
6.1. Introduction
6.2. Pharmaceuticals
6.3. Cosmetics
6.4. Food Packaging
6.5. Paints & Coatings
6.6. Electronic Items
7. ETHYL CELLULOSE MARKET BY GRADE
7.1. Introduction
7.2. Pharmaceutical
7.3. Industrial
7.4. Food
8. ETHYL CELLULOSE MARKET BY GEOGRAPHY
8.1. Global Overview
8.2. North America
8.2.1. United States
8.2.2. Canada
8.2.3. Mexico
8.3. South America
8.3.1. Brazil
8.3.2. Argentina
8.3.3. Rest of South America
8.4. Europe
8.4.1. United Kingdom
8.4.2. Germany
8.4.3. France
8.4.4. Italy
8.4.5. Spain
8.4.6. Rest of Europe
8.5. Middle East and Africa
8.5.1. Saudi Arabia
8.5.2. United Arab Emirates
8.5.3. Rest of the Middle East and Africa
8.6. Asia-Pacific
8.6.1. China
8.6.2. India
8.6.3. Japan
8.6.4. South Korea
8.6.5. Taiwan
8.6.6. Thailand
8.6.7. Indonesia
8.6.8. Rest of Asia-Pacific
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Market Share Analysis
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Competitive Dashboard
10. COMPANY PROFILES
10.1. Lotte Fine Chemicals
10.2. African Chemicals S.A.E.
10.3. SIDLEY CHEMICAL CO., LTD.
10.4. Shandong Head Co. Ltd.
10.5. Haihang Industry
10.6. ChemPoint (Univar)
10.7. The Dow Chemical Company
10.8. Ashland Global Specialty Chemicals Inc.
10.9. Otto Chemie Pvt. Ltd.
10.10. Central Drug House.

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