Canada Cellulosic Polymers Market Size & Outlook

The cellulosic polymers market in Canada is expected to reach a projected revenue of US$ 369.1 million by 2030. A compound annual growth rate of 6.2% is expected of Canada cellulosic polymers market from 2023 to 2030.
Revenue, 2022 (US$M)
$227.3
Forecast, 2030 (US$M)
$369.1
CAGR, 2023 - 2030
6.2%
Report Coverage
Canada

Canada cellulosic polymers market highlights

  • The Canada cellulosic polymers market generated a revenue of USD 227.3 million in 2022 and is expected to reach USD 369.1 million by 2030.
  • The Canada market is expected to grow at a CAGR of 6.2% from 2023 to 2030.
  • In terms of segment, cellulose ethers was the largest revenue generating type in 2022.
  • Cellulose Esters is the most lucrative type segment registering the fastest growth during the forecast period.


Cellulosic polymers market data book summary

Market revenue in 2022USD 227.3 million
Market revenue in 2030USD 369.1 million
Growth rate6.2% (CAGR from 2022 to 2030)
Largest segmentCellulose ethers
Fastest growing segmentCellulose Esters
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCellulose Esters, Cellulose Ethers
Key market players worldwideAshland Inc, Shin-Etsu Chemical Co Ltd, Celanese Corp Class A, Daicel Corp, Eastman Chemical Co, Lenzing AG, Dow Inc, Mitsubishi Chemical Group Corp, Grasim Industries Ltd DR, Sappi Ltd ADR, Nouryon, CP Kelco


Other key industry trends

  • In terms of revenue, Canada accounted for 2.5% of the global cellulosic polymers market in 2022.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. cellulosic polymers market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 1,907.5 million by 2030.

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Cellulosic Polymers Market Companies

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Canada cellulosic polymers market size, by type, 2018-2030 (US$M)

Canada Cellulosic Polymers Market Outlook Share, 2022 & 2030 (US$M)

Canada cellulosic polymers market size, by type, 2018-2030 (US$M)

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