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According to a new report Europe Nitrocellulose Market, published by KBV Research, the Europe Nitrocellulose Market would witness market growth of 5.6% growth rate during the forecast period (2019-2025).
The Germany market dominated the Europe Nitrocellulose Market by Country in 2018, and would continue to be a dominant market till 2025; thereby, achieving a market value of $58.9 Million by 2025, growing at a CAGR of 4.9 % during the forecast period. The UK market is expected to witness a CAGR of 4.6% during (2019 - 2025). Additionally, The France market is expected to witness a CAGR of 6.9% during (2019 - 2025).
The UK Nitrocellulose Market attained a market size of $36.2 Million 2018 and it is expected to reach $49.2 Million by 2025, growing at a CAGR of 4.6% during 2019 -2025.
The Printing Inks market garnered a market share of Germany Nitrocellulose Market by Applications in 2018, and is predicted to reach a market size of $14.8 Million by 2025, growing at a growth rate of 4.1% CAGR during the forecast period. The Wood Coatings market is forecasted to experience a growth of 4.5% CAGR during (2019 - 2025). The Leather Finishes market is poised to attain a market size of $7.4 Million by 2025.
Full Report:https://www.kbvresearch.com/europe-nitrocellulose-market/
The report highlights the adoption of Nitrocellulose in Europe. 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 Germany, UK, France, Russia, Spain, Italy and Rest of Europe.
The major market players expanding their reach in the Europe 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.
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