| Product Code: ETC098558 | Publication Date: Jun 2021 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Hungary`s import trend for cellulose esters experienced a significant decline from 2023 to 2024, with a growth rate of -64.0%. However, the compound annual growth rate (CAGR) for 2020-2024 stood at a notable 17.32%. This sharp decline in 2024 import figures may be attributed to shifting market demands or changes in trade policies impacting the cellulose esters market in Hungary.
By 2027, Hungary's Cellulose Esters market is forecasted to achieve a stable growth rate of 3.50%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

In Hungary, the cellulose esters market is experiencing significant growth owing to the material`s diverse applications in industries such as coatings, films, plastics, and textiles. Cellulose esters are derived from natural cellulose and offer properties such as high clarity, chemical resistance, and film-forming capabilities, making them ideal for various industrial applications. With the growing demand for sustainable and eco-friendly materials, the cellulose esters market is poised for further expansion in Hungary.
In Hungary, the cellulose esters market is primarily fueled by the expanding automotive and pharmaceutical sectors. Cellulose esters are widely used as film formers, binders, and coatings in automotive paints, coatings, and adhesives due to their excellent film-forming properties and chemical resistance. Furthermore, the pharmaceutical industry utilizes cellulose esters in drug delivery systems and as excipients in tablet formulations, driving the demand for cellulose esters in Hungary.
The cellulose esters market in Hungary encounters challenges such as volatility in raw material prices, stringent regulations, and competition from alternative materials. Ensuring product differentiation and addressing environmental concerns regarding waste disposal also remain significant challenges for market players.
In the cellulose esters market, Hungary is experiencing growing demand for these versatile materials across various end-use industries such as automotive, electronics, and packaging. Government initiatives aimed at promoting sustainable manufacturing practices and reducing reliance on fossil fuels have propelled the adoption of cellulose esters as eco-friendly alternatives to traditional plastics. Moreover, supportive policies encouraging investment in research and development have facilitated innovation in cellulose ester production processes. The government`s emphasis on promoting circular economy principles and fostering collaboration between industry stakeholders is expected to drive continued growth in the cellulose esters market in Hungary.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hungary Cellulose Esters Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Cellulose Esters Market Revenues & Volume, 2021 & 2031F |
3.3 Hungary Cellulose Esters Market - Industry Life Cycle |
3.4 Hungary Cellulose Esters Market - Porter's Five Forces |
3.5 Hungary Cellulose Esters Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Hungary Cellulose Esters Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Hungary Cellulose Esters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Hungary Cellulose Esters Market Trends |
6 Hungary Cellulose Esters Market, By Types |
6.1 Hungary Cellulose Esters Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Hungary Cellulose Esters Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Hungary Cellulose Esters Market Revenues & Volume, By Cellulose acetate, 2021-2031F |
6.1.4 Hungary Cellulose Esters Market Revenues & Volume, By Cellulose acetate propionate, 2021-2031F |
6.1.5 Hungary Cellulose Esters Market Revenues & Volume, By Cellulose acetate butyrate, 2021-2031F |
6.1.6 Hungary Cellulose Esters Market Revenues & Volume, By Cellulose nitrate, 2021-2031F |
6.1.7 Hungary Cellulose Esters Market Revenues & Volume, By Others, 2021-2031F |
6.2 Hungary Cellulose Esters Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Hungary Cellulose Esters Market Revenues & Volume, By Coatings, 2021-2031F |
6.2.3 Hungary Cellulose Esters Market Revenues & Volume, By Films and tapes, 2021-2031F |
6.2.4 Hungary Cellulose Esters Market Revenues & Volume, By Cigarette filters, 2021-2031F |
6.2.5 Hungary Cellulose Esters Market Revenues & Volume, By Inks, 2021-2031F |
6.2.6 Hungary Cellulose Esters Market Revenues & Volume, By Plasticizers, 2021-2031F |
6.2.7 Hungary Cellulose Esters Market Revenues & Volume, By Others, 2021-2031F |
7 Hungary Cellulose Esters Market Import-Export Trade Statistics |
7.1 Hungary Cellulose Esters Market Export to Major Countries |
7.2 Hungary Cellulose Esters Market Imports from Major Countries |
8 Hungary Cellulose Esters Market Key Performance Indicators |
9 Hungary Cellulose Esters Market - Opportunity Assessment |
9.1 Hungary Cellulose Esters Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Hungary Cellulose Esters Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Hungary Cellulose Esters Market - Competitive Landscape |
10.1 Hungary Cellulose Esters Market Revenue Share, By Companies, 2024 |
10.2 Hungary Cellulose Esters Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |