Market revenue in 2023 | USD 12.1 million |
Market revenue in 2030 | USD 14.7 million |
Growth rate | 2.9% (CAGR from 2023 to 2030) |
Largest segment | Printing inks |
Fastest growing segment | Wood Coatings |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Printing Inks, Automotive Paints, Wood Coatings, Leather Finishes, Nail Varnishes, Other Applications |
Key market players worldwide | Tennant Co, Noble Corp PLC Class A, Nitro, Hubei Aging Chemical Co., Sichuan Nitrocell, Nitrex, Synthesia, IVM Chemicals |
Printing inks was the largest segment with a revenue share of 28.1% in 2023. Horizon Databook has segmented the Malaysia nitrocellulose market based on printing inks, automotive paints, wood coatings, leather finishes, nail varnishes, other applications covering the revenue growth of each sub-segment from 2018 to 2030.
Malaysia import nitrocellulose mainly from China, Brazil and Thailand. As the printing inks, cosmetics and automotive sector are the largest growing sector in Malaysia, demand for nitrocellulose is also believed to rise. Cosmetics industry or personal care sector is considered to raise drastically, so as the demand of nitrocellulose.
No credit card required*
Name | Profile | # Employees | HQ | Website |
---|
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account