Latin America Cellulose Esters And Ethers Market Size & Outlook

The cellulose esters and ethers market in Latin America is expected to reach a projected revenue of US$ 1,373.1 million by 2030. A compound annual growth rate of 10.8% is expected of Latin America cellulose esters and ethers market from 2024 to 2030.
Revenue, 2023 (US$M)
$671.3
Forecast, 2030 (US$M)
$1,373.1
CAGR, 2024 - 2030
10.8%
Report Coverage
Latin America

Latin America cellulose esters and ethers market highlights

  • The Latin America cellulose esters and ethers market generated a revenue of USD 671.3 million in 2023.
  • The market is expected to grow at a CAGR of 10.8% 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.
  • Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.


Latin America data book summary

Market revenue in 2023USD 671.3 million
Market revenue in 2030USD 1,373.1 million
Growth rate10.8% (CAGR from 2023 to 2030)
Largest segmentCellulose acetate
Fastest growing segmentCellulose Nitrate
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 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, Latin America region accounted for 8.6% of the global cellulose esters and ethers market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 8,502.3 million by 2030.

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Cellulose Esters And Ethers Market Companies

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Latin America 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 46.12% in 2023. Horizon Databook has segmented the Latin America 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America cellulose esters and ethers market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America cellulose esters and ethers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America cellulose esters and ethers market size, by country, 2018-2030 (US$M)

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

Latin America cellulose esters and ethers market size, by country, 2018-2030 (US$M)

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