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Triacetate Cellulose Film Market Size, Share & Industry Analysis, By Product type (Short Cotton-Based, Wood Pulp-Based), By Application (Liquid Crystal Display (LCD) Film, Photographic Film, Others) and regional Forecast, 2024-2032

Region :Global | Report ID: FBI103722 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Triacetate Cellulose is a plastic film extracted from cellulose processed with an acetylizing device that makes cellulose polymers further manageable in organic solvents. Triacetate cellulose fibers are similar in design to normal viscose rays. Triacetates are moderately rigid fibers with good resistance to bending and deflection, especially after heat treatment. It is used in the manufacture of fibers and the core of film. The hydroxyl cellulose category is selectively swapped for the carboxyl group. Its features are also very distinct from cellulose. The development of triacetate cellulose includes the full acetylation of cellulose. Cellulose is  limitedly acetylated under the normal cellulose acetate. Cellulose triacetate has slightly stronger heat-resistance than cellulose acetate.


Cellulose triacetate film is employed as a reference film for a picture film used in liquid crystal displays, plastic handles and spectacle frames. The relatively high moisture recovery, substantially low diffraction and reasonable mechanical strength lead to the higher application of the product and thus lead to market growth. However, this triacetate film poses health and environmental issues as an organic solvent is used in its manufacturing process. In addition, there are limits to mechanical strength and impact resistance which is expected to limit market development.

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Key Market Driver -

Strong growth in technical advancements drives the market.

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Key Market Restraint -

Volatility in the prices coupled with environmental concerns restrict the market growth


Market Segmentation:


Based on product  type, the market for global triacetate cellulose film is further segmented into short cotton-based and wood pulp-based. Based on application, the market for global triacetate cellulose film is further segmented into liquid crystal display (LCD) film, photographic film, Others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Players Covered:


The global global triacetate cellulose film market is fairly fragmented, with a number of global & regional players operating. Some of the key players in the global triacetate cellulose filmmarket Cayman Chemical, Celanese, Agfa-Gevaert Group, Merck KGaA, Fujifilm Holdings Corporation, Konica Minolta, The Eastman Kodak Company, and Eastman Chemical Company and others.

Key Insights



  • New Advancements in Production Technologies

  • Key Trends in the Global Triacetate Cellulose Film Market

  • New Product Launches, Expansions, Key Players

  • Ranking of Key Players in the Market


Regional Analysis:


In terms of Geography, the global triacetate cellulose filmmarket has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominates the market for triacetate cellulose film. This rise can be due to the increasing demand LCD film coupled with a large manufacturing base in the region. Asia Pacific witnesses incredible growth for the market for cellulose films. This growth can be attributed to the high growth of the manufacturing industries in the region. Asia- pacific is anticipated to be a rapidly increasing cellulose film industry and it is projected that countries such as India, South Korea and China  are leading the growth of the region. Europe has a significant market share for global triacetate cellulose film, both in terms of consumption and production. Growth in the area has been driven by a change in consumer preference towards bio-based packaging goods which is expected to increase cellulose film demand in these regions. Middle East and Africa are projected to experience sluggish growth due to the impact of strict laws and regulations. Latin America is seeing relatively slow growth due to lack of manufacturing base and lack of investment in the regions.

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Segmentation






















 ATTRIBUTE

  DETAILS

By Product type



  • Short Cotton-Based

  • Wood Pulp-Based



By Application



  • Liquid Crystal Display (LCD) Film

  • Photographic Film

  • Others



By Geography



  • North America (USA, Canada)

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

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

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

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



Global Triacetate Cellulose Film Industry Developments



  • In 2016, Futamura Group, the industry leader in innovation, has announced the launch of cellulose film packaging materials with the trade name NatureFlexTM. This material has a good resistance to oil & fat which can be employed safely in oven applications.

  • In 2018, Futamura Group, the market pioneer in innovation, confirmed that it has collaborated with Bio4Pack GmbH, a sustainable packaging supplier based in Germany, to boost its position in the zero plastic packaging sector by supplying Tipa and NatureFlex cellulose-based film for the packaging sector.





  • Ongoing
  • 2023
  • 2019-2022
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