Home / Chemicals / Cellulose Coatings Market by Product Type (Nitrocellulose Coatings, Cellulose Acetate Coatings) by Application (Furniture, Internal Doors, Children Toys, Hospitals, MDF Building Products): Growth, Future Prospects & Competitive Analysis, 2015 - 2027

Cellulose Coatings Market by Product Type (Nitrocellulose Coatings, Cellulose Acetate Coatings) by Application (Furniture, Internal Doors, Children Toys, Hospitals, MDF Building Products): Growth, Future Prospects & Competitive Analysis, 2015 - 2027

Published: May 2021 | Report Code: 60368-05-21

The global market is likely to attain a market value of USD 2.33 billion in 2027 from USD 1.70 billion in 2020. The CAGR for this market is likely to reach over 5.4% during the forecast period.

Typically, cellulose coatings are marketed as colorless primers with no pigment. Pigment, on the other hand, gives the paint color and can be used to effectively mask everything under it. After the pigment, the binder is another essential component that ensures the latter adheres to the substrate. Furthermore, the binder gives cellulose paints their durability and strength, as well as determining the coating's stability and hardness after drying. Credence Research is offering holistic information and absolute accuracy on the report titled “Global Cellulose Coatings Market”.

Key Market Drivers and Restraints

Factors that have high impact on the market growth of industrial electric vehicles will be covered her. Also, covers factors that may challenge or act as opportunity for market will be discussed in order to identify the revenue generation.

Various Factors Driving the Market Growth

Due to increased residential construction activity, wood coatings became the second-largest application category. During the manufacture of wood coatings, the product has a wide spectrum of applications. Other color applications that can be used for cellulose nitrate-based wood coatings include overall stains, fillers, toners and sap stains. The wood coating is used in furniture decking, sliding doors windows, and other applications. During the forecast years, the furniture industry's recent rapid growth and high demand is expected to boost the segment's growth.

Asia-Pacific to led the global market in geographic regions

On geographic front, the global market comprises six regions with all key economies pertaining to it. Credence Research is providing in-depth insight on prominent regions of global market. Asia-Pacific topped the market by acquiring 36.8% share in 2020.

Global Market is led by the Nitrocellulose Coatings in terms of Product Type

The market is bifurcated on the basis of product type which includes Nitrocellulose Coatings and Cellulose Acetate Coatings. The demand for furniture has increased as a result of rising living standards, which is expected to contribute to nitrocellulose coatings segment growth. Nitrocellulose wood coating ingredient has wider application in musical instrument factories as ultimate agents in steel strings for mandolins, guitars, and banjos.

Furniture dominate the global market in 2020 in terms of Application

Furniture, Internal Doors, Children Toys, Hospitals and MDF Building Products are the various Applications of this market. Furniture dominated the application as there are increasing construction activities in developing economies which led to high demand for furniture. This boosted the market demand.

Frequently asked questions about global industry

  • Which are the different Product Types of Cellulose Coatings?
    Ans: Cellulose Acetate Coatings and Nitrocellulose Coatings are the two Product Types available in the market
  • Name few prominent players in the global industry.
    Ans: AkzoNobel, KAPCI Coatings, Nippon, Carpoly, Daxiang, Goudey, Neosol, Mr Hobby, Dahua and Guangzhou Chemical are the key players leading this market
  • Which is the fastest growing Application segment for global industry?
    Ans: Furniture has fastest growth at Application
  • Which is the leading regional market for global industry?
    Ans: Asia-Pacific has the largest share of the market
  • What will be the CAGR (2021 - 2027) of in global industry?
    Ans: The CAGR for this market is expected to reach over 5.4% during the forecast period

Table of Content

1.Preface
1.1.Report Description
1.1.1.Purpose of the Report
1.1.2.Target Audience
1.1.3.USP and Key Offerings
1.2.Research Scope
1.3.Research Methodology
1.3.1.Phase I – Secondary Research
1.3.2.Phase II – Primary Research
1.3.3.Phase III – Expert Panel Review
1.3.4.Approach Adopted
1.3.4.1.Top-Down Approach
1.3.4.2.Bottom-Up Approach
1.3.5.Assumptions
1.4.Market Segmentation

2.Executive Summary
2.1.Market Snapshot: Global Cellulose Coatings Market

3.Market Dynamics
3.1.Introduction
3.1.1. Global Cellulose Coatings Market Value, 2015-2027, (US$ Bn)
3.2.Market Dynamics
3.2.1.Key Growth Trends
3.2.2.Major Industry Challenges
3.2.3.Key Growth Pockets
3.3.Attractive Investment Proposition, 2020
3.3.1.Product Type
3.3.2.Application
3.3.3.Geography

4.Market Positioning of Key Players, 2020
4.1.Company market share of key players, 2020
4.2.Top 6 Players
4.3.Top 3 Players
4.4.Major Strategies Adopted by Key Players

5.COVID 19 Impact Analysis
5.1.Global Cellulose Coatings Market Pre Vs Post COVID 19, 2019 - 2027
5.2.Impact on Import & Export
5.3.Impact on Demand & Supply

6.North America
6.1.North America Cellulose Coatings Market, by Country, 2015-2027 (US$ Bn)
6.1.1.U.S.
6.1.2.Canada
6.1.3.Mexico
6.2.North America Cellulose Coatings Market, By Product Type, 2015-2027 (US$ Bn)
6.2.1.Overview
6.2.2.Nitrocellulose Coatings
6.2.3.Cellulose Acetate Coatings
6.3.North America Cellulose Coatings Market, by Application, 2015-2027 (US$ Bn)
6.3.1.Overview
6.3.2.Furniture
6.3.3.Internal Doors
6.3.4.Children Toys
6.3.5.Hospitals
6.3.6.MDF Building Products

7.Europe
7.1.Europe Cellulose Coatings Market, by Country, 2015-2027 (US$ Bn)
7.1.1.UK
7.1.2.France
7.1.3.Germany
7.1.4.Italy
7.1.5.Russia
7.1.6.Spain
7.1.7.Belgium
7.1.8.Netherland
7.1.9.Austria
7.1.10.Sweden
7.1.11.Poland
7.1.12.Denmark
7.1.13.Switzerland
7.1.14.Rest of Europe
7.2.Europe Cellulose Coatings Market, By Product Type, 2015-2027 (US$ Bn)
7.2.1.Overview
7.2.2.Nitrocellulose Coatings
7.2.3.Cellulose Acetate Coatings
7.3.Europe Cellulose Coatings Market, by Application, 2015-2027 (US$ Bn)
7.3.1.Overview
7.3.2.Furniture
7.3.3.Internal Doors
7.3.4.Children Toys
7.3.5.Hospitals
7.3.6.MDF Building Products

8.Asia Pacific
8.1.Asia Pacific Cellulose Coatings Market, by Country, 2015-2027 (US$ Bn)
8.1.1.China
8.1.2.Japan
8.1.3.South Korea
8.1.4.India
8.1.5.Australia
8.1.6.New Zealand
8.1.7.Taiwan
8.1.8.Southeast Asia
8.1.9.Central Asia
8.1.10.Rest of Asia Pacific
8.2.Asia Pacific Cellulose Coatings Market, By Product Type, 2015-2027 (US$ Bn)
8.2.1.Overview
8.2.2.Nitrocellulose Coatings
8.2.3.Cellulose Acetate Coatings
8.3.Asia Pacific Cellulose Coatings Market, by Application, 2015-2027 (US$ Bn)
8.3.1.Overview
8.3.2.Furniture
8.3.3.Internal Doors
8.3.4.Children Toys
8.3.5.Hospitals
8.3.6.MDF Building Products

9.Latin America
9.1.Latin America Cellulose Coatings Market, by Country, 2015-2027 (US$ Bn)
9.1.1.Brazil
9.1.2.Argentina
9.1.3.Peru
9.1.4.Chile
9.1.5.Colombia
9.1.6.Rest of Latin America
9.2.Latin America Cellulose Coatings Market, By Product Type, 2015-2027 (US$ Bn)
9.2.1.Overview
9.2.2.Nitrocellulose Coatings
9.2.3.Cellulose Acetate Coatings
9.3.Latin America Cellulose Coatings Market, by Application, 2015-2027 (US$ Bn)
9.3.1.Overview
9.3.2.Furniture
9.3.3.Internal Doors
9.3.4.Children Toys
9.3.5.Hospitals
9.3.6.MDF Building Products

10.Middle East
10.1.Middle East Cellulose Coatings Market, by Country, 2015-2027 (US$ Bn)
10.1.1.UAE
10.1.2.KSA
10.1.3.Israel
10.1.4.Turkey
10.1.5.Iran
10.1.6.Rest of Middle East
10.2.Middle East Cellulose Coatings Market, By Product Type, 2015-2027 (US$ Bn)
10.2.1.Overview
10.2.2.Nitrocellulose Coatings
10.2.3.Cellulose Acetate Coatings
10.3.Middle East Cellulose Coatings Market, by Application, 2015-2027 (US$ Bn)
10.3.1.Overview
10.3.2.Furniture
10.3.3.Interior
10.3.4.Children Toys
10.3.5.Hospitals
10.3.6.MDF Building Products

11.Africa
11.1.Africa Cellulose Coatings Market, by Country, 2015-2027 (US$ Bn)
11.1.1.South Africa
11.1.2.Egypt
11.1.3.Nigeria
11.1.4.Rest of Africa
11.2.Africa Cellulose Coatings Market, By Product Type, 2015-2027 (US$ Bn)
11.2.1.Overview
11.2.2.Nitrocellulose Coatings
11.2.3.Cellulose Acetate Coatings
11.3.Africa Cellulose Coatings Market, by Application, 2015-2027 (US$ Bn)
11.3.1.Overview
11.3.2.Furniture
11.3.3.Internal Doors
11.3.4.Children
11.3.5.Toys Hospitals
11.3.6.MDF Building Products

12.Global
12.1.Global Cellulose Coatings Market, By Product Type, 2015-2027 (US$ Bn)
12.1.1.Overview
12.1.2.Nitrocellulose Coatings
12.1.3.Cellulose Acetate Coatings
12.2.Global Cellulose Coatings Market, by Application, 2015-2027 (US$ Bn)
12.2.1.Overview
12.2.2.Furniture
12.2.3.Internal Doors
12.2.4.Children Toys
12.2.5.Hospitals
12.2.6.MDF Building Products
13.Company Profiles
13.1.KAPCI Coatings
13.2.AkzoNobel
13.3.Goudey
13.4.Mr Hobby
13.5.Neosol
13.6.Nippon
13.7.Carpoly
13.8.Dahua
Daxiang

List of Figures
FIG. 1Global Cellulose Coatings Market: Research Methodology
FIG. 2Market Size Estimation – Top Down & Bottom up Approach
FIG. 3Global Cellulose Coatings Market Segmentation
FIG. 4Global Cellulose Coatings Market, by Product, 2019 (US$ Bn)
FIG. 5Global Cellulose Coatings Market, by Application, 2019 (US$ Bn)
FIG. 6Global Cellulose Coatings Market, by Geography, 2019 (US$ Bn)
FIG. 7Attractive Investment Proposition, by Geography, 2019
FIG. 8Global Market Positioning of Key Cellulose Coatings Market Manufacturers, 2019
FIG. 9Global Cellulose Coatings Market Value Contribution, By Application, 2019 & 2027 (Value %)
FIG. 10Global Cellulose Coatings Market, by Type 1, Value, 2015-2027 (US$ Bn)
FIG. 11Global Cellulose Coatings Market, by Type 2, Value, 2015-2027 (US$ Bn)
FIG. 12Global Cellulose Coatings Market, by Type 3, Value, 2015-2027 (US$ Bn)
FIG. 13Global Cellulose Coatings Market, by Type 4, Value, 2015-2027 (US$ Bn)
FIG. 14Global Cellulose Coatings Market, by Type 5, Value, 2015-2027 (US$ Bn)
FIG. 15Global Cellulose Coatings Market, by MDF Building Products, Value, 2015-2027 (US$ Bn)
FIG. 16Global Cellulose Coatings Market Value Contribution, By Product Type, 2019 & 2027 (Value %)
FIG. 17Global Cellulose Coatings Market, by Application 1, Value, 2015-2027 (US$ Bn)
FIG. 18Global Cellulose Coatings Market, by Application 2, Value, 2015-2027 (US$ Bn)
FIG. 19Global Cellulose Coatings Market, by Application 3, Value, 2015-2027 (US$ Bn)
FIG. 20U.S. Cellulose Coatings Market, 2015-2027 (US$ Bn)
FIG. 21Rest of North America Cellulose Coatings Market, 2015-2027 (US$ Bn)
FIG. 22U.K. Cellulose Coatings Market, 2015-2027 (US$ Bn)
FIG. 23Germany Cellulose Coatings Market, 2015-2027 (US$ Bn)
FIG. 24France Cellulose Coatings Market, 2015-2027 (US$ Bn)
FIG. 25Rest of Europe Cellulose Coatings Market, 2015-2027 (US$ Bn)
FIG. 26Japan Cellulose Coatings Market, 2015-2027 (US$ Bn)
FIG. 27China Cellulose Coatings Market, 2015-2027 (US$ Bn)
FIG. 28India Cellulose Coatings Market, 2015-2027 (US$ Bn)
FIG. 29Rest of Asia Pacific Cellulose Coatings Market, 2015-2027 (US$ Bn)
FIG. 30Middle East & Africa Cellulose Coatings Market, 2015-2027 (US$ Bn)
Latin America Cellulose Coatings Market, 2015-2027 (US$ Bn)

List of Tables
TABLE 1Market Snapshot: Global Cellulose Coatings Market
TABLE 2Global Cellulose Coatings Market, by Application, 2015-2027 (US$ Bn)
TABLE 3Global Cellulose Coatings Market, by Product Type, 2015-2027 (US$ Bn)
TABLE 4Global Cellulose Coatings Market, by Application, 2015-2027 (US$ Bn)
TABLE 5Global Cellulose Coatings Market, by Geography, 2015-2027 (US$ Bn)
TABLE 6North America Cellulose Coatings Market, by Application, 2015-2027 (US$ Bn)
TABLE 7North America Cellulose Coatings Market, by Product Type, 2015-2027 (US$ Bn)
TABLE 8North America Cellulose Coatings Market, by Country, 2015-2027 (US$ Bn)
TABLE 9Europe Cellulose Coatings Market, by Application, 2015-2027 (US$ Bn)
TABLE 10Europe Cellulose Coatings Market, by Product Type, 2015-2027 (US$ Bn)
TABLE 11Europe Cellulose Coatings Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 12Asia Pacific Cellulose Coatings Market, by Application, 2015-2027 (US$ Bn)
TABLE 13Asia Pacific Cellulose Coatings Market, by Product Type, 2015-2027 (US$ Bn)
TABLE 14Asia Pacific Cellulose Coatings Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 15Latin America Cellulose Coatings Market, by Application, 2015-2027 (US$ Bn)
TABLE 16Latin America Cellulose Coatings Market, by Product Type, 2015-2027 (US$ Bn)
TABLE 17Latin America Cellulose Coatings Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 18Middle East Cellulose Coatings Market, by Application, 2015-2027 (US$ Bn)
TABLE 19Middle East Cellulose Coatings Market, by Product Type, 2015-2027 (US$ Bn)
TABLE 20Middle East Cellulose Coatings Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 21Africa Cellulose Coatings Market, by Application, 2015-2027 (US$ Bn)
TABLE 22Africa Cellulose Coatings Market, by Product Type, 2015-2027 (US$ Bn)
TABLE 23Africa Cellulose Coatings Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 24Company 01: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 25Company 2: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 26 Company 3: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 27Company 4.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 28Company 5: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 29 Company 6: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 30Company 7: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 31Company 8: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 32Company 9: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 33Company 10: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 34Company 11: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 35Company 12: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
Company 13: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

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