Specialty & Fine Chemicals Industry Cellulose Acetate Market Size and Trends 2024

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Cellulose Acetate Market Share, Size, Analysis, Growth, Strategies,
Regional Outlook, Trends and Forecasts to 2024 | Hexa Research
"Cellulose Acetate Market To Reach 820.04 Thousand
Tons By 2024."
The global Cellulose Acetate Market to reach 820.04 thousand tons by 2024, driven by the increasing
consumption of cigarettes in developing nations and growth in the textile industry. Cellulose acetate tow is
used as a filter in the cigarette buds. Cigarette filters are used to cut down the overall tar and nicotine
content during cigarette consumption.
Growing use of cellulose acetate tow in the cigarettes is anticipated to boost the market for cellulose acetate.
Asia Pacific dominated the global cellulose acetate market in 2016 with the market share of 51.79% and is
expected to maintain its dominance over the forecast period. The region is projected to continue its
dominance due to the prevailing cigarette consumption rate in countries such as Indonesia and China. Rising
awareness about the ill effects of smoking and relative growth in electronic cigarette market is projected to
slow the demand for cellulose acetate tow in North America and Europe.
Browse Details of Report @ https://www.hexaresearch.com/research-report/cellulose-acetate-market
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