From GlobeNewswire: 2024-05-31 03:30:00

Custom Market Insights released a report on the Nitrocellulose Market, forecasting it to reach $1,302.6 million by 2033, with a compound annual growth rate of 4.8%. Key factors driving growth include demand in automotive coatings, printing inks, and construction, with a focus on sustainability and technological advancements in formulations. The pandemic impacted the market, leading to supply chain disruptions, reduced industrial activities, but also resilience in the automotive sector, revival of construction projects, accelerated research and development, and a focus on sustainable solutions. The Nitrocellulose Market is expected to recover as industries adapt to post-pandemic challenges and opportunities. Strategic partnerships and acquisitions, along with regional analysis, have been highlighted in the report, showcasing market trends and opportunities for growth. The report provides insights on market size, growth factors, and competitive landscape, offering valuable information for stakeholders in the Nitrocellulose industry.



Read more at GlobeNewswire: [Latest] Global Nitrocellulose Market Size/Share Worth USD