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Cellulose Acetate Butyrate Market Share, Size,Growth, Key
Players, Outlook and Forecasts to 2025 | Hexa Research
“ The global cellulose acetate butyrate market is anticipated to reach USD
997.8 million by 2025.”
13 December 2018
The global cellulose acetate butyrate market is anticipated to reach USD 997.8 million by 2025, driven by the
growing consumer demand for paints & coatings, lacquers, and printing inks. Increasing construction
activities and growing automobile production are expected to bolster the growth of the market further.
Paints & coatings made with cellulose acetate butyrate are used in various applications including automotive
plastics, leather, plastic, wood, aviation, medical & healthcare, and architecture. The global CAB market for
paints & coatings market is expected to reach USD 532 million by 2025.
Increasing infrastructure spending coupled with increasing automobile production in Asia Pacific is projected
to drive the demand for paints & coatings, which in turn is expected to influence the demand for CAB
positively. The market is anticipated to grow at a volume CAGR of 3.8% over the next eight years.
Printing inks are expected to be another lucrative segment for the CAB market, with the introduction and
implementation of mandatory labelling regulations by various regulatory authorities including FDA. Reducing
the weight of a packaging coupled with stringent regulations to print all the informa tion regarding the packed
product is expected to augment the demand for printing inks that are not affected by external environment
conditions. The segment is expected to grow at a volume CAGR of 3.2% over the projected period.
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