Global Cellulosic Polymers Market Size & Outlook
The cellulosic polymers industry worldwide is expected to reach a projected revenue of US$ 14,880.1 million by 2030. A compound annual growth rate of 6.5% is expected of the worldwide cellulosic polymers industry from 2023 to 2030.
Revenue, 2022 (US$M)
$9,019.3
Forecast, 2030 (US$M)
$14,880.1
CAGR, 2023 - 2030
6.5%
Report Coverage
Worldwide
Global cellulosic polymers market, 2018-2030 (US$M)
Related Markets
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 6.5% by 2030.
- In terms of segment, cellulose ethers accounted for a revenue of USD 4,737.2 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, South Africa is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 9,019.3 million |
| Market revenue in 2030 | USD 14,880.1 million |
| Growth rate | 6.5% (CAGR from 2022 to 2030) |
| Largest segment | Cellulose ethers |
| Fastest growing segment | Cellulose Esters |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cellulose 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, South Africa is the fastest growing regional market and is projected to reach USD 43.0 million by 2030.
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Cellulosic Polymers Market Scope
Cellulosic polymers market segmentation & scope
Cellulosic Polymers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
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)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 904.9 | 1,032.3 | 1,178.9 | 1,347.8 | 1,542.6 | 1,656.1 | 1,772.9 | 1,892.8 | 2,015.4 | 2,140.6 | 2,267.9 | 2,397.2 | 2,528.1 | 6.4% |
| Europe | 852.4 | 969.8 | 1,104.5 | 1,259.4 | 1,437.6 | 1,539.3 | 1,643.5 | 1,749.9 | 1,858.4 | 1,968.5 | 2,080.0 | 2,192.8 | 2,306.4 | 6.1% |
| Asia Pacific | 3,254.0 | 3,722.5 | 4,263.2 | 4,887.6 | 5,609.8 | 6,039.8 | 6,484.2 | 6,942.1 | 7,412.8 | 7,895.3 | 8,388.7 | 8,892.0 | 9,404.3 | 6.7% |
| Latin America | 181.5 | 205.0 | 231.8 | 262.3 | 297.3 | 316.0 | 334.9 | 354.0 | 373.2 | 392.5 | 411.8 | 431.0 | 450.1 | 5.3% |
| MEA | 80.8 | 91.3 | 103.2 | 116.7 | 132.0 | 140.0 | 147.9 | 155.7 | 163.4 | 170.8 | 177.9 | 184.7 | 191.2 | 4.7% |
| Overall | 5,273.6 | 6,020.8 | 6,881.7 | 7,873.8 | 9,019.2 | 9,691.2 | 10,383.5 | 11,094.6 | 11,823.2 | 12,567.6 | 13,326.3 | 14,097.7 | 14,880.1 | 6.5% |
Related regional statistics
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