Market Executive Summary

The global Nitrocellulose market is projected to grow from US$ 792 million in 2024 to US$ 835 million by 2030, at a Compound Annual Growth Rate (CAGR) of 0.9% during the forecast period.

The major players in global Nitrocellulose market include Sichuan Nitrocell Corporation, Nobel NC, Nitro Química, etc. The top 3 players occupy about 42% shares of the global market. China and Europe are main production value markets, they occupy about 64% of the global market. M-grade Nitrocellulose is the main type, with a share about 60%. Coatings and Paints is the main application, which holds a share about 49%.

Nitrocellulose is a highly flammable compound formed by nitrating cellulose through exposure to nitric acid or another powerful nitrating agent. When used as a propellant or low-order explosive, it was originally known as guncotton. If the cellulose is not fully nitrated then it has found uses as a plastic film and in inks and wood coatings.

Industrial nitrocellulose is known to be one of the oldest film formers unequalled in properties like toughness, durability, fast solvent release capacity and solubility. Nitrocellulose is a derivative of cellulose and is manufactured from purified cellulose either in the form of cotton linters or woodpulp. The manufacturing process involves nitration of purified cellulose with nitric acid and sulphuric acid under controlled conditions followed by stabilization and washing.

Nitrocellulose represents a milestone in the development of the paint industry worldwide, as it is responsible for the popularization of automotive and industrial lacquers, thus favoring an easily obtainable finish, quick drying and high performance. Its quick drying characteristics were a major factor leading to mass production in the car industry.

Despite new resin systems being constantly developed, nitrocellulose still keeps its prominent place in the rotogravure and flexography printing inks, nail polish, wood sealant and finish, car refinish and leather finish segments, with new applications cropping up all the time. A large number of patents was granted in connection with the application of new products based on nitrocellulose.

In terms of production side, this report researches the Nitrocellulose production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.

In terms of consumption side, this report focuses on the sales of Nitrocellulose by region (region level and country level), by company, by Type and by Application. from 2019 to 2024 and forecast to 2030.

This report presents an overview of global market for Nitrocellulose, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2019 - 2024, estimates for 2024, and projections of CAGR through 2030.

This report focuses on the Nitrocellulose sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Nitrocellulose market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way. 

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Nitrocellulose sales, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including Sichuan Nitrocell Corporation, Nobel NC, Nitro Química, IFF, TNC Industrial, Hubei Xuefei Chemical, Nitrex Chemicals, Xinxiang Taixiao Chemical, Synthesia, Henan Chuangyue Chemical, etc.

Global Nitrocellulose Companies Covered

Sichuan Nitrocell Corporation, Nobel NC, Nitro Química, IFF, TNC Industrial, Hubei Xuefei Chemical, Nitrex Chemicals, Xinxiang Taixiao Chemical, Synthesia, Henan Chuangyue Chemical, Jiangsu Tailida, Groupe Eurenco.

Global Nitrocellulose Market, Segment by Type

E-grade Nitrocellulose

M-grade Nitrocellulose

A-grade Nitrocellulose

Others

Global Nitrocellulose Market, Segment by Application

Coatings and Paints

Printing Inks

Celluloid

Others

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Nitrocellulose production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.

Chapter 3: Sales (consumption), revenue of Nitrocellulose in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 4: Detailed analysis of Nitrocellulose manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.

Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: North America (US & Canada) by Type, by Application and by country, sales, and revenue for each segment.

Chapter 8: Europe by Type, by Application and by country, sales, and revenue for each segment.

Chapter 9: China by Type, and by Application, sales, and revenue for each segment.

Chapter 10: Asia (excluding China) by Type, by Application and by region, sales, and revenue for each segment.

Chapter 11: Middle East, Africa, Latin America by Type, by Application and by country, sales, and revenue for each segment.

Chapter 12: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Nitrocellulose sales, revenue, price, gross margin, and recent development, etc.

Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.

Chapter 14: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 15: The main points and conclusions of the report.