Global Nitrocellulose Market Growth 2025-2031

Global Nitrocellulose Market Growth 2025-2031

The global Nitrocellulose market size is predicted to grow from US$ 774 million in 2025 to US$ 818 million in 2031; it is expected to grow at a CAGR of 0.9% from 2025 to 2031.

Nitrocellulose is a highly flammable compound formed by nitrating cellulose through exposure to nitric acid or another powerful nitrating agent. When used as a propellant or low-order explosive, it was originally known as guncotton. If the cellulose is not fully nitrated then it has found uses as a plastic film and in inks and wood coatings.

Industrial nitrocellulose is known to be one of the oldest film formers unequalled in properties like toughness, durability, fast solvent release capacity and solubility. Nitrocellulose is a derivative of cellulose and is manufactured from purified cellulose either in the form of cotton linters or woodpulp. The manufacturing process involves nitration of purified cellulose with nitric acid and sulphuric acid under controlled conditions followed by stabilization and washing.

Nitrocellulose represents a milestone in the development of the paint industry worldwide, as it is responsible for the popularization of automotive and industrial lacquers, thus favoring an easily obtainable finish, quick drying and high performance. Its quick drying characteristics were a major factor leading to mass production in the car industry. Despite new resin systems being constantly developed, nitrocellulose still keeps its prominent place in the rotogravure and flexography printing inks, nail polish, wood sealant and finish, car refinish and leather finish segments, with new applications cropping up all the time. A large number of patents was granted in connection with the application of new products based on nitrocellulose.

The major players in global Nitrocellulose market include Sichuan Nitrocell Corporation, Nobel NC, Nitro Química, etc. The top 3 players occupy about 42% shares of the global market. China and Europe are main production value markets, they occupy about 64% of the global market. M-grade Nitrocellulose is the main type, with a share about 60%. Coatings and Paints is the main application, which holds a share about 49%.

LP Information, Inc. (LPI) ' newest research report, the “Nitrocellulose Industry Forecast” looks at past sales and reviews total world Nitrocellulose sales in 2024, providing a comprehensive analysis by region and market sector of projected Nitrocellulose sales for 2025 through 2031. With Nitrocellulose sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Nitrocellulose industry.

This Insight Report provides a comprehensive analysis of the global Nitrocellulose landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Nitrocellulose portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Nitrocellulose market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Nitrocellulose and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Nitrocellulose.

This report presents a comprehensive overview, market shares, and growth opportunities of Nitrocellulose market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
E-grade Nitrocellulose
M-grade Nitrocellulose
A-grade Nitrocellulose
Others

Segmentation by Application:
Coatings and Paints
Printing Inks
Celluloid
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Sichuan Nitrocell Corporation
Nobel NC
Nitro Química
IFF
TNC Industrial
Hubei Xuefei Chemical
Nitrex Chemicals
Xinxiang Taixiao Chemical
Synthesia
Henan Chuangyue Chemical
Jiangsu Tailida
Groupe Eurenco

Key Questions Addressed in this Report

What is the 10-year outlook for the global Nitrocellulose market?

What factors are driving Nitrocellulose market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Nitrocellulose market opportunities vary by end market size?

How does Nitrocellulose break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.