According to a market report by Lucintel, the future of the global ethyl cellulose market looks promising with opportunities in the pharmaceuticals, cosmetics, food packaging, paints & coatings, and electronic items markets. The global ethyl cellulose market is expected to grow with a CAGR of 9.2% from 2024 to 2030. The major drivers for this market are rising focus on sustainable and eco-friendly products and escalating demand for this substrate from pharmaceutical and food industries.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in ethyl cellulose market to 2030 by form (solid and liquid), application (pharmaceuticals, cosmetics, food packaging, paints & coatings, and electronic items), grade (pharmaceutical, industrial, and food), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, solid and liquid are the major segments of ethyl cellulose market by form. Lucintel forecasts that solid is expected to witness the higher growth over the forecast period.
Within this market, pharmaceuticals will remain the largest segment due to substantial usage of ethyl cellulose in this sector as a coating agent, flavoring fixative, binding agent, filler, film-former, drug carrier, or stabilizers.
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North America is expected to witness highest growth over the forecast period due to presence of leading market players in the region.
Lotte Fine Chemicals, Daicel Fine Chem, Shandong Head, Dow Chemicals, AkzoNobel Specialty chemicals, Dai-Ichi Kogyo Seiyaku, and Fenchem Biotek are the major suppliers in the ethyl cellulose market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056
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