Global Cellulosic Polymers Market Size & Outlook

The global cellulosic polymers market size was estimated at USD 9,019.3 million in 2022 and is projected to reach USD 14,880.1 million by 2030, growing at a CAGR of 6.3% from 2023 to 2030.
Revenue, 2022 (US$M)
$9,019.3
Forecast, 2030 (US$M)
$14,880.1
CAGR, 2023 - 2030
6.3%
Report Coverage
Worldwide

Global cellulosic polymers market, 2018-2030 (US$M)

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Global cellulosic polymers market highlights

  • The global cellulosic polymers market generated a revenue of USD 9,019.3 million in 2022 and is expected to reach USD 14,880.1 million by 2030.
  • The market is expected to grow at a CAGR (2023 - 2030) of 6.3% by 2030.
  • In terms of segment, cellulose ethers accounted for a revenue of USD 5,079.7 million in 2022.
  • Cellulose Esters is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2022.
  • Country-wise, China is expected to register the highest CAGR from 2023 to 2030.

Global data book summary

Market revenue in 2022USD 9,019.3 million
Market revenue in 2030USD 14,880.1 million
Growth rate6.3% (CAGR from 2023 to 2030)
Largest segmentCellulose ethers
Fastest growing segmentCellulose Esters
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCellulose Esters, Cellulose Ethers

Other key industry trends

  • In terms of revenue, the North America accounted for 17.1% of the global cellulosic polymers market in 2022.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, China is the fastest growing regional market and is projected to reach USD 3,737.3 million by 2030.

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Cellulosic Polymers Market Companies

Name Profile # Employees HQ Website
CP Kelco View profile 1001-5000 Atlanta, Georgia, United States, North America https://www.cpkelco.com
Nouryon View profile - -
Sappi Ltd ADR View profile 11222 108 Oxford Road, Rosebank, Houghton Estate, Johannesburg, GT, South Africa, 2198 https://www.sappi.com
Grasim Industries Ltd DR View profile 24455 Sudam Kalu Ahire Marg, A Wing, 2nd Floor, Aditya Birla Centre, Worli, Mumbai, MH, India, 400030 https://www.grasim.com
Mitsubishi Chemical Group Corp View profile 74632 1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8251 https://www.mcgc.com
Lenzing AG View profile 7798 Werkstrasse 2, Lenzing, Austria, 4860 https://www.lenzing.com
Shin-Etsu Chemical Co Ltd View profile 25717 6-1, Ohtemachi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-0004 http://www.shinetsu.co.jp
Daicel Corp View profile 12480 Grand Front Osaka Tower-B, 3-1, Ofuka-cho, Kita-ku, Osaka, Japan http://www.daicel.com
Ashland Inc View profile 3800 8145 Blazer Drive, Wilmington, DE, United States, 19808 http://www.ashland.com
Celanese Corp Class A View profile 12410 222 West Las Colinas Boulevard, Suite 900N, Irving, TX, United States, 75039-5421 https://www.celanese.com
Eastman Chemical Co View profile 14000 200 South Wilcox Drive, Kingsport, TN, United States, 37662 https://www.eastman.com
Dow Inc View profile 35900 2211 H.H. Dow Way, Midland, MI, United States, 48674 https://www.dow.com

Global cellulosic polymers market size, by regions, 2018-2030 (US$M)

Top 10 countries: Cellulosic polymers market size, 2022 (US$M)

Global cellulosic polymers market share, by type, 2022 & 2030 (%, US$M)

Cellulosic polymers market: Opportunity assessment by country

Global cellulosic polymers market, by region, 2022 (US$M)

Global cellulosic polymers market size, by regions, 2018-2030 (US$M)

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