Nitrocellulose Market to grow by USD 346.65 Mn between 2021-2026, 41% of the growth to originate from APAC - Technavio

2022-10-16 18:54:10 By : Ms. shirley Yang

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NEW YORK , Oct. 4, 2022 /PRNewswire/ -- The nitrocellulose market size is set to grow by USD 346.65 million, at a CAGR of 7.23% from 20221 to 2026. The abundant availability of cellulose and simple manufacturing process for nitrocellulose, growth of the furniture industry, and increasing demand for nitrocellulose in emerging economies will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Request Free Sample Report.

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.   

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Buy Sample Report.

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Download Free Sample Report.

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Accelerate at a CAGR of 7.23%

APAC, Europe, North America, Middle East and Africa, and South America

US, China, South Korea, Japan, Germany, and Italy

Leading companies, competitive strategies, consumer engagement scope

AGROFERT AS, Companhia Nitro Quimica Brasileira, Eurenco, GRN Cellulose Pvt. Ltd., Hagedorn AG, Hubei Xuefei Chemical Co. Ltd., International Flavors and Fragrances Inc., IVM SRL, Jiangsu Telida Group, MAXAMCORP HOLDING SL, Nitrex Chemicals India Ltd., Nitro Chemical Industry Ltd., Nitrochemie Wimmis AG, Nitroparis S.L., TNC Industrial Co. Ltd., and VS Chem Ltd.

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website:

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