"Innovative Market Solutions to Help Businesses Make Informed Decisions"

Nitrocellulose Market Size, Share & Industry Analysis, By Application (Automotive Paints, Printing Inks, Wood Coatings, Leather Finishes, Nail Varnish, Others) Others and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI102137 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

The global nitrocellulose market is the increasing demand for automotive paints. Nitrocellulose, also called cellulose nitrate, is a pulp-like substance formed by exposing cellulose to a nitrating agent, particularly nitric acid. It is a flammable compound which is used in gunpowder, paints, and lacquers. Nitrocellulose is also used in plastic films, wood coatings, and inks due to the properties it imparts such as durability, adhesion, high solubility, and faster drying. The demand for nitrocellulose is expected to grow due to its several applications ranging from explosives to plastic films, therefore growing the nitrocellulose market.     


The key market driver for the global nitrocellulose market is the rising demand for automotive paints. Growing environmental concerns and better efficiency provided by the hybrid and electric vehicles has led to its increased demand, hence the rise in demand for automotive paints.

To gain extensive insights into the market, Request for Customization


Key market restraint for the global nitrocellulose market is the highly explosive nature of nitrocellulose. Dry nitrocellulose is known to be highly flammable and gets ignited with a spark or friction. Careless handling of nitrocellulose can lead to loss of several lives and have major disastrous results. The above reason is expected to act as a market restraint for the nitrocellulose market.

Key Insights



  • Key Emerging Trends – For Major Countries

  • Key Developments: Mergers, Acquisition, Partnership, etc.

  • Latest Technological Advancement

  • Insights on Regulatory Scenario

  • Porters Five Forces Analysis


Nitrocellulose Market Segmentation:


By application, the nitrocellulose market is segmented into automotive paints, printing inks, wood coatings, leather finishes, nail varnish, and others.

From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Key Players Covered:



  • Nitro Quimica

  • Dupont Specialty Solutions

  • Hagedorn AG

  • Nitro Cellulose Group

  •  EURENCO

  • Nitro Chemical Industry Ltd.

  • Synthesia a.s.

  • Nitrex Chemicals India Ltd.

  • Nitrochemie AG

  • TNC Industrial Co. Ltd.

  • North Sichuan Nitrocellulose Corporation


Regional Analysis:


Up Arrow

Key Market Driver -

Rising demand for automotive paints

Down Arrow

Key Market Restraint -

Highly explosive nature of nitrocellulose


The global nitrocellulose industry has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific occupies the major share of the global nitrocellulose market. The rising construction activities in developing countries is growing the demand for wood coatings. Additionally, high demand for nitrocellulose for leather finishing is also growing the nitrocellulose market. In Europe, the demand for nitrocellulose is increasing due to growing consumption of automotive paints due to the presence of major automobile manufacturers. North America has witnessed high demand for nitrocellulose due to growth in furniture industry for coating wood. In Latin America and the Middle East & Africa, the growth in the nitrocellulose market is primarily because of high demand for inks.

Segmentation


















 ATTRIBUTE

  DETAILS

By Application

  • Automotive Paints

  • Printing Inks

  • Wood Coatings

  • Leather Finishes

  • Nail Varnish

  • Others

By Geography

  • North America (U.S., Canada)

  • Europe (UK, Germany, France, Italy, Spain, and Rest of Europe)

  • Asia Pacific (Japan, China, India, Southeast Asia, and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, and Rest of Latin America)

  • Middle East & Africa (South Africa, GCC, and Rest of Middle East & Africa)




Key Questions Answer REQUEST SAMPLE
Why to Choose Fortune Business Insights SPEAK TO ANALYST
Nitrocellulose Market Report
  • Ongoing
  • 2023
  • 2019-2022
  • Pre Book
Multi-report Purchase Plan
    A Customized Plan Will be Created Based on the number of reports you wish to purchase
Chemicals & Materials Clients
Petronas
Iwatani
Mckinsey
UBS
Samsung
Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X