Enjoy complimentary customisation on priority with our Enterprise License!
The nitrocellulose market size is forecast to increase by USD 556.2 million, at a CAGR of 8.5% between 2024 and 2029.
Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free Sample
The market continues to evolve, driven by the diverse applications of this versatile material across various sectors. Sodium cellulose sulfate, a key derivative, plays a crucial role in ensuring chemical stability for nitrocellulose-based products. Specialty coatings, including dip coating, airless spraying, airbrush spraying, roll coating, and spray coating, are integral to the production process, each with unique handling procedures. Quality control measures are paramount in the nitrocellulose industry, with stringent regulations governing safety and performance. Thermal stability and protective coatings are essential for industrial applications, while molecular weight and chemical composition determine the suitability of cellulose esters for consumer products.
Manufacturing processes for nitrocellulose involve solvent-based and water-based coatings, requiring specific storage conditions. Handling procedures for powders, such as cellulose acetate and ethyl cellulose, necessitate careful attention due to their sensitivity to moisture and temperature. Innovations in technology continue to unfold, with advancements in high-pressure spraying, electrostatic spraying, and hydroxypropyl methylcellulose offering improved efficiency and performance. The ongoing evolution of the market is marked by the constant exploration of new applications and the development of more sustainable and eco-friendly manufacturing processes.
The nitrocellulose industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
The printing ink segment is estimated to witness significant growth during the forecast period.
Nitrocellulose, a cellulose ether, plays a significant role in various industries, particularly in printing inks and coatings. In 2024, the printing ink segment dominated The market due to its extensive use as a key ingredient. Nitrocellulose comprises 8-10% of the raw material in printing inks and is favored for its quick drying property, heat resistance, and ability to dissolve in organic solvents. Its non-toxic and odorless nature further adds to its appeal. In the packaging industry, nitrocellulose-based printing inks are widely used for producing high-contrast and high-resolution graphics on flexible films, which are commonly used for food and bakery product packaging.
Additionally, nitrocellulose is employed in various manufacturing processes, including high-pressure spraying, airless spraying, airbrush spraying, dip coating, roll coating, and electrostatic spraying, to produce protective and industrial coatings. These coatings offer chemical stability and thermal stability, making them suitable for diverse applications. Furthermore, the market encompasses cellulose esters such as cellulose butyrate, carboxymethyl cellulose, sodium cellulose sulfate, and cellulose propionate, among others, which cater to various industries, including consumer products and specialty coatings. Proper handling procedures and adherence to safety regulations are crucial in the production and application of nitrocellulose-based coatings and inks. Both solvent-based and water-based coatings are available, with storage conditions varying based on the specific application.
Other nitrocellulose derivatives, including methyl cellulose, hydroxypropyl methylcellulose, ethyl cellulose, cellulose acetate, and cellulose nitrate, also find extensive use in various industries.
The Printing ink segment was valued at USD 222.40 million in 2019 and showed a gradual increase during the forecast period.
APAC is estimated to contribute 34% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
The market is significantly shaped by various processes and components. In 2024, APAC held the largest market share and is projected to continue leading due to substantial investments in applications like automotive paints and wood coatings in emerging economies, such as India, China, and other APAC countries. Nitrocellulose's application extends to lacquer, paints, coatings, and coating sprays. The region's dominance is attributed to its production of major raw materials, including sulfuric acid and nitric acid. Key countries contributing to the market's revenue include China, India, Indonesia, Vietnam, and Japan, driven by the high demand for nitrocellulose.
Nitrocellulose's production involves various techniques, including HPLP spraying and high-pressure spraying, while its forms range from solvent-based to water-based. Cellulose esters, such as cellulose butyrate, carboxymethyl cellulose, and cellulose propionate, contribute to the market's growth. Thermal stability and chemical stability are essential factors for the production and application of nitrocellulose. Protective coatings, industrial coatings, and specialty coatings employ nitrocellulose for its desirable properties. Dip coating, roll coating, airless spraying, airbrush spraying, and electrostatic spraying are common application methods. Manufacturing processes like methyl cellulose and hydroxypropyl methylcellulose production also utilize nitrocellulose. Cellulose ethers, such as sodium cellulose sulfate and methyl cellulose, are essential raw materials in the market.
Cellulose acetate, ethyl cellulose, and cellulose nitrate are other cellulose derivatives used in various industries. Printing inks, consumer products, and manufacturing processes are significant markets for nitrocellulose. Safety regulations and handling procedures are crucial considerations in the market. Powder coatings and electrostatic spraying are popular methods for applying nitrocellulose in various industries. The molecular weight of nitrocellulose impacts its performance and application. Overall, the market is dynamic, driven by various applications, raw materials, and production techniques.
Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Global Cold Chain Logistics Market: Trends, Technologies, Sustainability, and Growth Prospects (2025-2030) The global cold chain logistics market is a critical sector that ensures the safe and efficient transportation and storage of temperature-sensitive goods, including food, pharmaceuticals, and other perishable items. This market is expected to witness significant growth between 2025 and 2030, driven by various factors such as increasing consumer demand for fresh and high-quality products, rising investment in advanced technologies, and the growing focus on sustainability practices. Key Market Trends and Technologies: The cold chain logistics market is witnessing the adoption of advanced technologies such as IoT, RFID, and GPS tracking systems to monitor temperature and ensure timely delivery. The use of reusable packaging and insulated containers is also gaining popularity due to their environmental benefits and cost savings. Furthermore, the integration of automation and robotics in warehouses and distribution centers is streamlining operations and reducing human error. Sustainability Practices: Sustainability is a key concern in the cold chain logistics industry, with companies increasingly adopting green initiatives to reduce their carbon footprint. This includes the use of renewable energy sources, such as solar and wind power, and the implementation of energy-efficient technologies, such as refrigeration systems and insulated containers. Industry Segments and Challenges: The cold chain logistics market can be segmented into various categories, including temperature-controlled transportation, warehousing and storage, and value-added services. Each segment faces unique challenges, such as ensuring consistent temperature control, managing complex supply chains, and complying with regulatory requirements. Regional Context: Asia-Pacific and North America: The Asia-Pacific region is expected to be the fastest-growing market for cold chain logistics, driven by the increasing demand for perishable goods, particularly in countries such as China and India. North America is another significant market, with the US leading the way in terms of investment in advanced technologies and sustainability practices. B2B and Procurement Strategies: B2B partnerships and procurement strategies play a crucial role in the cold chain logistics industry. Companies are increasingly collaborating with third-party logistics providers to optimize their supply chains and reduce costs. Furthermore, the use of e-procurement platforms and digital marketplaces is gaining popularity, enabling real-time visibility and collaboration between buyers and sellers. In conclusion, the global cold chain logistics market is a dynamic and evolving industry that is expected to witness significant growth in the coming years. With a focus on advanced technologies, sustainability practices, and efficient supply chain management, companies can overcome the challenges and capitalize on the opportunities presented by this market.
The nitrocellulose market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the nitrocellulose market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, nitrocellulose market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
AGROFERT AS - The company specializes in the production of two distinct types of nitrocellulose: Army nitrocellulose and Industrial nitrocellulose. Army nitrocellulose is utilized primarily for explosives, while Industrial nitrocellulose finds applications in various industries such as pharmaceuticals, food, and textiles. This versatile material undergoes a nitration process to create its unique properties, making it a valuable commodity in numerous sectors.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Nitrocellulose Market insights. See full methodology.
Market Scope |
|
Report Coverage |
Details |
Page number |
225 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.5% |
Market growth 2025-2029 |
USD 556.2 million |
Market structure |
Fragmented |
YoY growth 2024-2025(%) |
7.7 |
Key countries |
US, China, Japan, Germany, India, UK, South Korea, Canada, France, and Italy |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
We can help! Our analysts can customize this nitrocellulose market research report to meet your requirements.
1 Executive Summary
2 Technavio Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Application
9 Market Segmentation by Grade Type
10 Market Segmentation by Type
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
Get the report (PDF) sent to your email within minutes.
Complimentary full Excel data with your report purchase.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.