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Nitrocellulose Market: Regaining Its Glory | GJ Chemical, Aldon, DowDuPont
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Nitrocellulose Market Definition & Scope:
Definition
The Nitrocellulose Market refers to the market for a highly flammable compound known as nitrocellulose, which is also called cellulose nitrate or gun cotton. Nitrocellulose is produced by reacting cellulose with a mixture of nitric and sulfuric acid. It is commonly used in the manufacture of lacquers, paints, varnishes, and inks, as well as in the production of explosives, such as smokeless gunpowder.
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Nitrocellulose Market Report Coverage
NitrocelluloseMarket Trend
Adoption of Guncotton as an Ingredient of Gunpowder
NitrocelluloseMarket Driver
Rapid Growth of the Furniture Industry is Driving the Industry
NitrocelluloseMarket Opportunity
Growth of Adhesives and Sealants Sector over the past few years has Positively Influenced the Market Growth
By Region
North America
South America
Europe
Asia Pacific MEA
Players Covered
SAE Manufacturing Specialties Corp (United States), GJ Chemical (United States), Mil-Spec Industries (United States), Aldon Corporation (United States), BariteWorld (United States), DowDuPont (United States), Manuco (France), Nitro Química (Brazil), Synthesia Limited (United Kingdom)
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1 Nitrocellulose Market Competition by Manufacturers
1.1 Nitrocellulose Market Revenue (USD Million) and Market Share (%) by Players (2018-2028)
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Company Revenue (USD Million) Market Share (%)2022 SAE Manufacturing Specialties Corp (United States) XX XX.X% GJ Chemical (United States) XX XX.X% Mil-Spec Industries (United States) XX XX.X % Aldon Corporation (United States) XX XX.X% BariteWorld (United States) XX X.XX% DowDuPont (United States) XX X.XX% Manuco (France) XX X.XX% Other XX X.XX%
TABLE 1 NITROCELLULOSE MARKET REVENUE (USD) AND MARKET SHARE (%) OF KEY PLAYERS (2021)
Source: Primary Research, Secondary Research, White Paper, Government Publications, Import Export Data, Company Website, World Bank Statistics, HTF Market Intelligence Consulting Pvt. Ltd.
Region Nitrocellulose Market Competitive Situation and Trends
Region Nitrocellulose Market Share (%) of Top 3 and Top 5 Manufacturers
TOP 3 MANUFACTURERS 2022 (%)
Nitrocellulose Market Share of Top 3 Players
Source: Primary Research, Secondary Research, White Paper, Government Publications, Import Export Data, Company Website, World Bank Statistics, HTF Market Intelligence Consulting Pvt. Ltd.
TOP 5 MANUFACTURERS 2022 (%)
Nitrocellulose Market Share of Top 5 Players
Source: Primary Research, Secondary Research, White Paper, Government Publications, Import Export Data, Company Website, World Bank Statistics, HTF Market Intelligence Consulting Pvt. Ltd.
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Region Nitrocellulose Market Breakdown Data (2018 - 2028)
Source: Primary Research, Secondary Research, White Paper, Government Publications, Company Website, World Bank Statistics, HTF Market Intelligence Consulting Pvt. Ltd.
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Region Nitrocellulose Market Value (USD Million) (2018-2028) Region Nitrocellulose Market Value (USD Million)
Region TABLE 2 EUROPE MARKET VALUE (USD MILLION) (2018-2028) BY Region Country 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 North America XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.X X South America XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.X X Europe XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.X X Asia Pacific XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.X X MEA XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.X X Total XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.X X
(2018-2028) By
Region Market Value (USD Million) (2018-2028) By Type
(USD
(2017-2021) BY TYPE
Source: Primary Research, Secondary Research, White Paper, Government Publications, Company Website, World Bank Statistics, HTF Market Intelligence Consulting Pvt. Ltd.
FIGURE 1 REGION MARKET VALUE (USD MILLION) (2018-2028) BY TYPE
Nitrocellulose Market Types
Source: Primary Research, Secondary Research, White Paper, Government Publications, Company Website, World Bank Statistics, HTF Market Intelligence Consulting Pvt. Ltd.
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REGION MARKET VALUE
MILLION)
Type 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 High XX.X X XX.X X XX.X X XX.X X XX.X X XX.X X XX.X X XX.X X XX.X X XX.X X XX.X X Medium XX.X X XX.X X XX.X X XX.X X XX.X X XX.X X XX.X X XX.X X XX.X X XX.X X XX.X X Low XX.X X XX.X X XX.X X XX.X X XX.X X XX.X X XX.X X XX.X X XX.X X XX.X X XX.X X
0 0.5 1 1.5 2 2.5 3 3.5 4 4.5 5 High Medium Low
Series 1 Series 2 Series 3
Keyword Market Value (USD Million) By Application
TABLE 3
EUROPE MARKET VALUE (USD MILLION) (2018-2028) BY APPLICATION AND (20182028)
Source: Primary Research, Secondary Research, White Paper, Government Publications, Company Website, World Bank Statistics, HTF Market Intelligence Consulting Pvt. Ltd.
FIGURE 2
REGION KEYWORD MARKET VALUE (USD MILLION) (2018-2028) BY APPLICATION
Nitrocellulose Market Applications
Source: Primary Research, Secondary Research, White Paper, Government Publications, Company Website, World Bank Statistics, HTF Market Intelligence Consulting Pvt. Ltd.
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Application 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Printing Inks XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX Lacquers XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX Cosmetics XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX Auto Refinish Paint XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX
0 1 2 3 4 5 6 Printing Inks Lacquers Cosmetics Auto Refinish Paint
Series 1 Series 2 Series 3
Methodology and Data Source
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, Opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the Nitrocellulose market size market and estimate the market size for Manufacturers, Type and Regions.
The market estimations in this report are based on the marketed sale price of Nitrocellulose excluding any discounts provided by the manufacturer, distributor, wholesaler or traders. The percentage splits, market shares, and breakdowns of the product segments are derived on the basis of weightages assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Nitrocellulose market and its sub segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major players in the market are identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top manufacturers; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market shares, and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
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FIGURE 3 BOTTOM-UP AND TOP-DOWN APPROACHES FOR THIS REPORT
Global Market Size (Value and Volume)
Share of Companies’ Sales and Revenue
MarketShare Splits by Type; By Type
Company-wise Revenue in Global Marketby share andsize by eachregion
Bottom-up Approach:
Market data information Collection and analysis, through Primary Sources and SecondarySources;
Primary Sources:
Demand-side Experts
Supply-side Experts
SecondarySources:
Annual Reports
Presentations
Press Releases Journals
Paid Databases
HTFMarketReport Repository
Top-down Approach:
Global MarketSize is validated through Primary Sources and SecondarySources;
Primary Sources:
Demand-side Experts
Supply-side Experts
SecondarySources:
Annual Reports
Presentations
Press Releases Journals
Paid Databases
HTFMarketReport Repository
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