Cellulose Acetate Butyrate CAB Market Status, Demand [2023-2030]

Report Overview
The Global Cellulose Acetate Butyrate CAB Market Size was estimated at USD 603.56 million in 2023 and is projected to reach USD 837.68 million by 2030, exhibiting a CAGR of 2.10% during the forecast period.

Two sheets of glass are fused together to form cellulose acetate butyrate (CAB), and there is a protective interlayer between them. The major hurricane barrier in impact-resistant windows is laminated glass. The windscreens of autos also employ laminated glass.
The biggest market for cellulose acetate butyrate CAB in 2023 was Asia Pacific. Due to expanding infrastructural development, increased auto production, and rising solar panel installations in both countries, India and China are significant markets for cellulose acetate butyrate (CAB).

This study offers a comprehensive analysis of the global Cellulose Acetate Butyrate (CAB) market, taking into account all relevant factors. This includes everything from a broad market overview to specifics on the market's size, competitive environment, development trend, specialised market, and major market.

Recent Development:
• In March 2022, an agreement was signed between Grasim Industries Limited Swedish textile-to-textile recycling innovator (Renewcell) for providing high-quality LIVA REVIVA fibers.
• In March 2022, the world’s largest lyocell production plant was opened up by Lenzing AG in Thailand. The production capacity of this plant is 100,000 tons.
• In May 2022, a Belgium-based company i.e., UTEXBEL collaborated with Lenzing AG for producing uniforms for security personnel of the Belgian Federal Public Service for Justice (FPS Justice).
• In January 2022, GP Cellulose, LLC., invested USD 80 Million to expand its fluff pulp production capacity.
• In March 2021, Eastman Chemical Company planned to increase the production capacity of NAIA filament yarn by more than 50% by 2022.
• In October 2021, Kelheim Fibres GmbH collaborated with Renewcell to produce superior quality viscose fibers.

Competitive Landscape and Cellulose Acetate Butyrate CAB Market Share Analysis

Competitive landscape of Cellulose Acetate Butyrate CAB market provides details by competitors. Details included include company overview, company finances, revenue, market potential, R&D investments, new market initiatives, global footprint, manufacturing locations and facilities, manufacturing capabilities, company strengths and weaknesses, It includes product launches, product Width and breadth, and application advantages. The above data points are solely related to the company's focus on the Cellulose Acetate Butyrate CAB market.

What's New for 2023?
• Global competitiveness and market share of key competitors
• Market presence in multiple regions – strong/active/niche/minor
Interactive online peer-to-peer collaborative custom updates
• Access to digital archives and research platforms
• 1 year of free updates

Key questions answered in this research report:
At what pace is Cellulose Acetate Butyrate CAB market growing? What will be the growth trend in the future?
What are the key drivers and restraints in Cellulose Acetate Butyrate CAB market? What will be the impact of drivers and restraints in the future?
What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the Cellulose Acetate Butyrate CAB market?
Which product generated maximum revenues in 2023 and identify the most promising product during the forecast period?
What is the various end-user of Cellulose Acetate Butyrate CAB market and how they are poised to grow?
What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Research Methodology