India Cellulose Esters And Ethers Market Size & Outlook

The cellulose esters and ethers market in India is expected to reach a projected revenue of US$ 1,103.6 million by 2030. A compound annual growth rate of 12.7% is expected of India cellulose esters and ethers market from 2024 to 2030.
Revenue, 2023 (US$M)
$479.3
Forecast, 2030 (US$M)
$1,103.6
CAGR, 2024 - 2030
12.7%
Report Coverage
India

India cellulose esters and ethers market highlights

  • The India cellulose esters and ethers market generated a revenue of USD 479.3 million in 2023 and is expected to reach USD 1,103.6 million by 2030.
  • The India market is expected to grow at a CAGR of 12.7% from 2024 to 2030.
  • In terms of segment, cellulose acetate was the largest revenue generating process by applications in 2023.
  • Cellulose Nitrate is the most lucrative process by applications segment registering the fastest growth during the forecast period.


Cellulose esters and ethers market data book summary

Market revenue in 2023USD 479.3 million
Market revenue in 2030USD 1,103.6 million
Growth rate12.7% (CAGR from 2023 to 2030)
Largest segmentCellulose acetate
Fastest growing segmentCellulose Nitrate
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCellulose Acetate, Cellulose Nitrate, Carboxymethyl Cellulose, Methyl Cellulose, Ethyl Cellulose, Hydroxyethyl Cellulose, Hydroxypropyl cellulose (HPC)
Key market players worldwideDow Inc, Daicel Corp, Ashland Inc, Akzo Nobel NV, Eastman Chemical Co, Celanese Corp Class A, Rayonier Advanced Materials Inc, Borregaard ASA, Lamberti, J.M. Huber Corporation, Georgia-Pacific, Rhodia


Other key industry trends

  • In terms of revenue, India accounted for 6.1% of the global cellulose esters and ethers market in 2023.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China cellulose esters and ethers market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,103.6 million by 2030.

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Cellulose Esters And Ethers Market Companies

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India cellulose esters and ethers market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cellulose esters and ethers market will help companies and investors design strategic landscapes.


Cellulose acetate was the largest segment with a revenue share of 45.63% in 2023. Horizon Databook has segmented the India cellulose esters and ethers market based on cellulose acetate, cellulose nitrate, carboxymethyl cellulose, methyl cellulose, ethyl cellulose, hydroxyethyl cellulose, hydroxypropyl cellulose (hpc) covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of cellulose esters and ethers market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the India cellulose esters and ethers market , including forecasts for subscribers. This country databook contains high-level insights into India cellulose esters and ethers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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India cellulose esters and ethers market size, by process by applications, 2018-2030 (US$M)

India Cellulose Esters And Ethers Market Outlook Share, 2023 & 2030 (US$M)

India cellulose esters and ethers market size, by process by applications, 2018-2030 (US$M)

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