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Triacetin Market Share

Report ID: GMI6723
Published Date: Nov 2024
Report Format: PDF

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Triacetin Market Share

Companies include, Celanese Corporation is notable for its high-quality triacetin production, focusing on applications in food, pharmaceuticals, and industrial processes where product purity and reliability are critical. ChemCeed LLC, a trusted supplier, provides a range of triacetin grades suited to specific industry needs, from food additives to industrial plasticizers, emphasizing customer-focused customization and supply chain efficiency. China Skyrun Industrial Co., Ltd., a major Chinese supplier, supports global triacetin demand, offering competitive pricing and diverse applications, particularly in Asian markets. Daicel Corporation, leveraging advanced chemical manufacturing, emphasizes eco-friendly and high-performance triacetin for use in cosmetics and pharmaceuticals, aligning with sustainability trends. Eastman Chemical Company, a major player in specialty chemicals, contributes through R&D, advancing triacetin's role as a plasticizer and solvent across applications. Together, these companies drive innovation and ensure steady supply in the triacetin industry.

Triacetin Market Companies

Major players operating in the triacetin industry are:

Celanese Corporation
ChemCeed LLC
China Skyrun Industrial Co., Ltd.
Daicel Corporation
Eastman Chemical Company
Haihang Industry Co., Ltd.
Henan GP Chemicals Co., Ltd.
Henan Huayin Chemical Co., Ltd.
Jiangsu Lemon Chemical & Technology Co., Ltd.
Jiangxi Acetron Chemical Co., Ltd.

Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

The global market size for triacetin was valued at USD 363.1 million in 2024 and is expected to reach USD 822.8 million by 2034, driven by a CAGR of over 5.1% from 2025 to 2034.

The solvent segment held a 43.5% market share in 2024, amounting to USD 157.8 million, and is projected to grow at a 9.3% CAGR from 2025 to 2034, driven by its flexibility-enhancing properties in cellulose acetate.

The U.S. market is projected to achieve USD 179.3 million by 2034, driven by a CAGR of 4.7% from 2025 to 2034, due to its expanding applications in pharmaceuticals, food, cosmetics, and industrial manufacturing.

Major players in the industry include Celanese Corporation, ChemCeed LLC, China Skyrun Industrial Co., Ltd., Daicel Corporation, Eastman Chemical Company, Haihang Industry Co., Ltd., and Henan GP Chemicals Co., Ltd.