Industry Experts, Inc. Projects Global Market for Specialty Cellulose to Reach 2 Million Metric Tons by 2030 Driven by Cellulose Ethers and MCC
Industry Experts, Inc unveiled the new global market research report on Specialty Cellulose. As per this new report entitled " Specialty Cellulose – A Global Market Overview ", Cellulose Ethers grade would emerge the largest market for Specialty Cellulose globally, occupying a volume share of 34.5% estimated in 2024 while the segment is also anticipated to grow faster to keep the largest chunk of the pie intact through 2030. Demand growth for Specialty Cellulose is expected to accelerate at a moderate pace, driven by the increasing popularity of bio-based materials across various end-use markets. This growth will be led by cellulose ethers and microcrystalline cellulose (MCC), supported by positive long-term trends in the pharmaceutical, food, and construction industries, particularly in emerging countries such as China and India. Conversely, demand for cellulose acetate is projected to remain flat during the forecast period. This is due to a decline in consumption linked to...
