According to the latest report "Global Tobacco Grade Cellulose Acetate Filament Market Report 2024-2030" by the QYResearch research team, it is projected that the global market size of tobacco-grade cellulose acetate filament will reach 3.44 billion US dollars by 2030, with a compound annual growth rate (CAGR) of -3.6% in the coming years.
The acetate fiber filament bundles in cigarette filters are a crucial material in the production of cigarette filters. It is a type of acetate fiber that is spun into filament bundles (a bundle of fibers) and used to manufacture the filter part of cigarettes. Acetate fiber filament bundles are widely used because they can capture and filter certain components in the smoke, such as tar and nicotine, while maintaining the structural integrity of the cigarette filter.
95% of cigarette filters are made of cellulose acetate, while the rest are made of paper and rayon. The cellulose acetate filaments are thinner than sewing thread and are white in color. They are tightly packed together to form the filter tip.
According to the latest report "Global Tobacco Grade Cellulose Acetate Filament Market Report 2024-2030" by the QYResearch research team, it is projected that the global market size of tobacco-grade cellulose acetate filament will reach 3.44 billion US dollars by 2030, with a compound annual growth rate (CAGR) of -3.6% in the coming years.
According to the research conducted by the Head Enterprise Research Center of QYResearch, the global producers of tobacco-grade cellulose acetate filament mainly include Celanese-CNTC, Eastman, Celanese, etc. In 2023, the top three manufacturers accounted for approximately 78.0% of the global market share. With the global integration of the tobacco industry, the cooperation and mergers among tobacco giants have led to an increase in the demand for filtration materials. Large companies tend to choose stable and high-quality suppliers, which has driven the cellulose acetate filament market towards higher quality and higher efficiency.
In terms of product type, the current total quantity of products: 20,000 - 25,000 is the main segment, accounting for approximately 49.6% of the total.
As the awareness of the dangers of smoking has been continuously enhanced worldwide, more and more consumers have shown interest in cigarette products with higher filtering effects. Cellulose acetate filament can effectively filter harmful substances such as tar and nicotine, and has become an important component of many cigarette brands.
Although the global smoking rate has decreased, there are still a large number of smokers, especially in some developing countries and regions. The huge smoking population in countries such as China, India, and Russia remains a significant driving force for the demand for tobacco acetate cellulose filaments.
The Chinese tobacco industry holds a significant position globally. Chinese tobacco companies, such as China National Tobacco Corporation (CNTC), are among the largest tobacco producers and sellers in the world. The Chinese government has obtained substantial tax revenues from the tobacco industry, which has also contributed to the widespread availability of tobacco products.
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