Supply And Demand Distribution Of Daily Chemical Grade Cellulose Ether in The Global Market

According to QYResearch data, the global cellulose ether market size reached 30.5 billion yuan in 2020, and is expected to reach 39.3 billion yuan in 2026, with an average annual compound growth rate of about 4.32%. A report released by IHS Markit shows that the Asia-Pacific region is the largest producer and demander of the global cellulose ether market, and China is the main driving force. In 2018, the global consumption of cellulose ether was close to 1.1 million tons. From the production side, 43% came from Asia, of which China accounted for 79% of Asia's production, and Western Europe and North America accounted for 36% and 8% of the global total production respectively.