Key manufacturers such as AkzoNobel, BASF SE, and Eastman Chemical Company are likely to boost market growth throughout the projection period. Demand for non-toxic, low volatile organic compound products is expected to drive demand for cellulose paints market among end user sectors. Another factor projected to aid expansion in the global cellulose paints market is the constantly developing automotive, industrial, and construction sectors around the world.
Furthermore, a focus on product innovation to compete with alternative products is expected to accelerate market growth in the near future. However, the availability of less expensive and more environmentally friendly alternatives is projected to limit demand for cellulose paints over the projection period.
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