The LAMEA Nitrocellulose Market would witness market growth of 6.8% CAGR during the forecast period (2019-2025). The Brazil market dominated the LAMEA Nitrocellulose Market by Country in 2018, and would continue to be a dominant market till 2025; thereby, rising at a CAGR of 6% during the forecast period. Additionally, The UAE market is expected to witness a CAGR of 6.3% during (2019 - 2025).
Nitrocelloluse is also a popular ingredient in the production of Wood Finishes. Nitrocellulose based lacquers experience high demand in wood finish applications, especially for a high quality. The property to rapidly dry, exhibit an outstanding polishing properties and thereby enrich the grain’s appearance in wide varieties of wood. The lacquers are best suited for light duty applications, however, could be adjusted to perform fine in major applications with the addition of other plasticisers or resins.
For Foil and film lacquers, Nitrocellulose is utilized in the preparation of lacquers for the internal coatings of aluminium foils, cellophane, and heat sealable coatings pertaining to food and beverage packaging market segments. The availability of high viscosity grades range offers the enhanced durability, high solid content and flexibility essentially demanding by its application sector.
In field of cosmetics, Nitrocellulose is utilized in the preparation of nail varnishes, which calls to validate the high standards of strength, clarity, purity and rapid drying cycle. Tremendously strict requirements are met by controlling and monitoring intensities of acidity and moisture.
The demand for luxury furniture in the domestic and commercial segment has been unprecedented. Substantial growth in the per capita income is the prime reason behind the unprecedented growth in the luxury furniture market. The rapidly growing urban population is adding to the demand for luxury furniture. Furniture made up of glass material is gaining province over other kinds of materials, due to their elegance and eye catching designs.
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The report highlights the adoption of Nitrocellulose in LAMEA. Based on Application, the market is segmented into Printing Inks, Wood Coatings, Automotive Paints, Leather Finishes, Nail Varnishes and Other Applications. The report also covers geographical segmentation of Nitrocellulose market. The countries included in the report are Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Rest of LAMEA.
The major market players expanding their reach in the LAMEA Nitrocellulose market are The Dow Chemical Company, Eastman Chemical Company, Nippon Paints Holdings Co. Ltd., PPG Industries, Inc., Arkema S.A., Akzo Nobel N.V, RPM International, Inc., Sherwin Williams Company, Ashland Global Holdings. Inc, BASF SE.
Scope of the Nitrocellulose Market Analysis
Market Segmentation:
By Application
- Printing Inks
- Wood Coatings
- Automotive Paints
- Leather Finishes
- Nail Varnishes and
- Other Applications
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Companies Profiled
- The Dow Chemical Company
- Eastman Chemical Company
- Nippon Paints Holdings Co. Ltd.
- PPG Industries, Inc.
- Arkema S.A.
- Akzo Nobel N.V
- RPM International, Inc.
- Sherwin Williams Company
- Ashland Global Holdings. Inc
- BASF SE
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Nitrocellulose Market, by Application
1.4.2 LAMEA Nitrocellulose Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Nitrocellulose Market by Applications
3.1 LAMEA Printing Inks Market by Country
3.2 LAMEA Wood Coatings Market by Country
3.3 LAMEA Automotive Paints Market by Country
3.4 LAMEA Leather Finishes Market by Country
3.5 LAMEA Nail Varnishes Market by Country
3.6 LAMEA Other Applications Market by Country
Chapter 4. LAMEA Nitrocellulose Market by Country
4.1 Brazil Nitrocellulose Market
4.1.1 Brazil Nitrocellulose Market by Applications
4.2 Argentina Nitrocellulose Market
4.2.1 Argentina Nitrocellulose Market by Applications
4.3 UAE Nitrocellulose Market
4.3.1 UAE Nitrocellulose Market by Applications
4.4 Saudi Arabia Nitrocellulose Market
4.4.1 Saudi Arabia Nitrocellulose Market by Applications
4.5 South Africa Nitrocellulose Market
4.5.1 South Africa Nitrocellulose Market by Applications
4.6 Nigeria Nitrocellulose Market
4.6.1 Nigeria Nitrocellulose Market by Applications
4.7 Rest of LAMEA Nitrocellulose Market
4.7.1 Rest of LAMEA Nitrocellulose Market by Applications
Chapter 5. Company Profiles
5.1 The Dow Chemical Company
5.1.1 Company Overview
5.1.2 Financial Analysis
5.1.3 Regional Analysis
5.1.4 Research & Development Expense
5.2 Eastman Chemical Company
5.2.1 Company Overview
5.2.1 Financial Analysis
5.2.2 Segmental and Regional Analysis
5.2.3 Research & Development Expense
5.3 Nippon Paints Holdings Co. Ltd.
5.3.1 Company Overview
5.3.2 Financial Analysis
5.3.3 Regional Analysis
5.3.4 Research & Development Expense
5.4 PPG Industries, Inc.
5.4.1 Company Overview
5.4.2 Financial Analysis
5.4.3 Segmental and Regional Analysis
5.4.4 Research & Development Expense
5.5 Arkema S.A.
5.5.1 Company Overview
5.5.2 Financial Analysis
5.5.3 Regional & Segmental Analysis
5.5.4 Research & Development Expenses
5.6 Akzo Nobel N.V.
5.6.1 Company Overview
5.6.2 Financial Analysis
5.6.3 Regional & Segmental Analysis
5.6.4 Research & Development Expenses
5.7 RPM International, Inc.
5.7.1 Company Overview
5.7.2 Financial Analysis
5.7.3 Segmental and Regional Analysis
5.7.4 Research & Development Expense
5.8 Sherwin Williams Company
5.8.1 Company overview
5.8.2 Financial Analysis
5.8.3 Segmental Analysis
5.8.4 Research & Development Expense
5.9 Ashland Global Holdings, Inc.
5.9.1 Company Overview
5.9.2 Financial Analysis
5.9.3 Segmental and Regional Analysis
5.9.4 Research & Development Expense
5.1 BASF SE
5.10.1 Company Overview
5.10.2 Financial Analysis
5.10.3 Segmental and Regional Analysis
5.10.4 Research & Development Expense
TABLE 1 LAMEA Nitrocellulose Market, 2015 - 2018, USD Million
TABLE 2 LAMEA Nitrocellulose Market, 2019 - 2025, USD Million
TABLE 3 LAMEA Nitrocellulose Market by Applications, 2015 - 2018, USD Million
TABLE 4 LAMEA Nitrocellulose Market by Applications, 2019 - 2025, USD Million
TABLE 5 LAMEA Printing Inks Market by Country, 2015 - 2018, USD Million
TABLE 6 LAMEA Printing Inks Market by Country, 2019 - 2025, USD Million
TABLE 7 LAMEA Wood Coatings Market by Country, 2015 - 2018, USD Million
TABLE 8 LAMEA Wood Coatings Market by Country, 2019 - 2025, USD Million
TABLE 9 LAMEA Automotive Paints Market by Country, 2015 - 2018, USD Million
TABLE 10 LAMEA Automotive Paints Market by Country, 2019 - 2025, USD Million
TABLE 11 LAMEA Leather Finishes Market by Country, 2015 - 2018, USD Million
TABLE 12 LAMEA Leather Finishes Market by Country, 2019 - 2025, USD Million
TABLE 13 LAMEA Nail Varnishes Market by Country, 2015 - 2018, USD Million
TABLE 14 LAMEA Nail Varnishes Market by Country, 2019 - 2025, USD Million
TABLE 15 LAMEA Other Applications Market by Country, 2015 - 2018, USD Million
TABLE 16 LAMEA Other Applications Market by Country, 2019 - 2025, USD Million
TABLE 17 LAMEA Nitrocellulose Market by Country, 2015 - 2018, USD Million
TABLE 18 LAMEA Nitrocellulose Market by Country, 2019 - 2025, USD Million
TABLE 19 Brazil Nitrocellulose Market, 2015 - 2018, USD Million
TABLE 20 Brazil Nitrocellulose Market, 2019 - 2025, USD Million
TABLE 21 Brazil Nitrocellulose Market by Applications, 2015 - 2018, USD Million
TABLE 22 Brazil Nitrocellulose Market by Applications, 2019 - 2025, USD Million
TABLE 23 Argentina Nitrocellulose Market, 2015 - 2018, USD Million
TABLE 24 Argentina Nitrocellulose Market, 2019 - 2025, USD Million
TABLE 25 Argentina Nitrocellulose Market by Applications, 2015 - 2018, USD Million
TABLE 26 Argentina Nitrocellulose Market by Applications, 2019 - 2025, USD Million
TABLE 27 UAE Nitrocellulose Market, 2015 - 2018, USD Million
TABLE 28 UAE Nitrocellulose Market, 2019 - 2025, USD Million
TABLE 29 UAE Nitrocellulose Market by Applications, 2015 - 2018, USD Million
TABLE 30 UAE Nitrocellulose Market by Applications, 2019 - 2025, USD Million
TABLE 31 Saudi Arabia Nitrocellulose Market, 2015 - 2018, USD Million
TABLE 32 Saudi Arabia Nitrocellulose Market, 2019 - 2025, USD Million
TABLE 33 Saudi Arabia Nitrocellulose Market by Applications, 2015 - 2018, USD Million
TABLE 34 Saudi Arabia Nitrocellulose Market by Applications, 2019 - 2025, USD Million
TABLE 35 South Africa Nitrocellulose Market, 2015 - 2018, USD Million
TABLE 36 South Africa Nitrocellulose Market, 2019 - 2025, USD Million
TABLE 37 South Africa Nitrocellulose Market by Applications, 2015 - 2018, USD Million
TABLE 38 South Africa Nitrocellulose Market by Applications, 2019 - 2025, USD Million
TABLE 39 Nigeria Nitrocellulose Market, 2015 - 2018, USD Million
TABLE 40 Nigeria Nitrocellulose Market, 2019 - 2025, USD Million
TABLE 41 Nigeria Nitrocellulose Market by Applications, 2015 - 2018, USD Million
TABLE 42 Nigeria Nitrocellulose Market by Applications, 2019 - 2025, USD Million
TABLE 43 Rest of LAMEA Nitrocellulose Market, 2015 - 2018, USD Million
TABLE 44 Rest of LAMEA Nitrocellulose Market, 2019 - 2025, USD Million
TABLE 45 Rest of LAMEA Nitrocellulose Market by Applications, 2015 - 2018, USD Million
TABLE 46 Rest of LAMEA Nitrocellulose Market by Applications, 2019 - 2025, USD Million
TABLE 47 key Information - The Dow Chemical Company
TABLE 48 Key Information - Eastman Chemical Company
TABLE 49 Key information - Nippon Paints Holdings Co. Ltd.
TABLE 50 Key Information - PPG Industries, Inc.
TABLE 51 Key information - Arkema S.A.
TABLE 52 Key information - Akzo Nobel N.V.
TABLE 53 Key Information - RPM International, Inc.
TABLE 54 Key Information - Sherwin Williams Company
TABLE 55 Key Information - Ashland Global Holdings, Inc.
TABLE 56 Key information - BASF SE
List of Figures
FIG 1 Methodology for the research