The Global Plastic Grade CAP Market was valued at USD 1.39 Billion in 2025 and is projected to reach USD 1.69 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 2.4% during the forecast period (2024–2030). This steady growth is being driven by robust demand from optical films and consumer electronics sectors, stringent sustainability regulations, and continuous material innovation by leading chemical manufacturers.

As industries worldwide pivot toward bio-based and high-performance polymers, the focus intensifies on the key producers of Cellulose Acetate Propionate (CAP) who are advancing material science and sustainable production. In this blog, we profile the Top 10 Companies in the Plastic Grade CAP Industry—a group of specialty chemical giants and regional leaders shaping the future of advanced bioplastics.

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🔟 1. Daicel Corporation

Headquarters: Osaka, Japan
Key Offering: High-Purity CAP Resins, Custom Formulations

Daicel Corporation is a global leader in cellulose derivatives and a premier supplier of Plastic Grade CAP. The company’s expertise in acetyl chemistry enables it to produce high-purity, optically clear CAP grades that are essential for demanding applications in electronics and premium consumer goods.

Innovation Initiatives:

• Investment in advanced acetylation and purification technologies

• Development of CAP grades with enhanced thermal stability for optical films

• Focus on bio-based and sustainable production processes

Download FREE Sample Report: Plastic Grade CAP Market – View in Detailed Research Report

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9️⃣ 2. Eastman Chemical Company

Headquarters: Kingsport, Tennessee, USA
Key Offering: Tenite™ CAP, Specialty Plastic Compounds

Eastman is a major global producer of cellulose esters, with its Tenite™ CAP product line serving diverse markets. The company leverages its integrated manufacturing and strong R&D capabilities to provide CAP solutions that meet specific performance requirements for toughness, clarity, and processability.

Innovation Initiatives:

• Expansion of CAP applications in consumer electronics and automotive interiors

• Commitment to molecular recycling and circular economy principles

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8️⃣ 3. Celanese Corporation

Headquarters: Irving, Texas, USA
Key Offering: CAP Engineering Polymers, Acetyl Intermediates

Celanese is a key player in the acetyl chain and produces high-performance engineering plastics, including CAP. The company’s technological expertise allows it to offer CAP grades with tailored properties for injection molding and extrusion applications across various industries.

Innovation Initiatives:

• Strategic focus on high-value, differentiated polymer solutions

• Investment in sustainability initiatives across its product portfolio

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7️⃣ 4. Solvay

Headquarters: Brussels, Belgium
Key Offering: Specialty CAP Grades, High-Performance Polymers

Solvay, a leading specialty chemicals group, offers advanced CAP materials through its comprehensive polymer portfolio. The company serves technically demanding sectors with CAP grades that provide excellent mechanical properties and surface finish.

Innovation Initiatives:

• Development of sustainable material solutions aligned with EU regulations

• R&D in polymer science for next-generation applications

Download FREE Sample Report: Plastic Grade CAP Market – View in Detailed Research Report

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6️⃣ 5. Sichuan Push Acetati

Headquarters: Chengdu, Sichuan, China
Key Offering: CAP Resins for Domestic and Export Markets

Sichuan Push Acetati is a significant Chinese manufacturer of cellulose acetate products, including Plastic Grade CAP. The company plays a crucial role in supplying the growing Asian market, particularly supporting the regional electronics and optical industries.

Innovation Initiatives:

• Expansion of production capacity to meet rising domestic demand

• Focus on cost-competitive manufacturing for volume applications

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5️⃣ 6. Mitsubishi Chemical Corporation

Headquarters: Tokyo, Japan
Key Offering: High-Performance CAP, Customized Formulations

Mitsubishi Chemical Corporation brings its vast chemical expertise to the CAP market, offering specialized grades for high-end applications. The company’s strong position in advanced materials supports its CAP business in meeting stringent quality standards.

Innovation Initiatives:

• Integration of CAP into broader sustainable material strategies

• Collaboration with electronics OEMs for tailored material solutions

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4️⃣ 7. Jinan Nature New Materials

Headquarters: Jinan, Shandong, China
Key Offering: CAP for Tools, Accessories, and Consumer Goods

Jinan Nature New Materials is an emerging player in the Chinese CAP market, focusing on supplying domestic manufacturers. The company provides CAP resins that balance performance and cost-effectiveness for various industrial applications.

Innovation Initiatives:

• Development of CAP grades for growing tool and accessory markets

• Investment in production technology upgrades

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3️⃣ 8. Guangxi Wanwei

Headquarters: Hefei, Anhui, China
Key Offering: CAP and other Cellulose Ester Products

Guangxi Wanwei is a prominent Chinese chemical company with a focus on cellulose-based products. Its CAP offerings contribute to the regional supply chain, supporting manufacturers in optics, electronics, and consumer goods sectors.

Innovation Initiatives:

• Vertical integration in cellulose sourcing and processing

• Expansion of product portfolio to capture market growth

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2️⃣ 9. Rayonier Advanced Materials

Headquarters: Jacksonville, Florida, USA
Key Offering: Specialty Cellulose, High-Purity Acetate Products

Rayonier Advanced Materials is a leading global supplier of high-purity cellulose specialties, which are key feedstocks for CAP production. The company’s focus on cellulose purity makes it an important player in the CAP value chain.

Innovation Initiatives:

• Development of sustainable forestry and cellulose production methods

• Strategic partnerships with acetylators and polymer producers

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1️⃣ 10. Hubei Golden Ring

Headquarters: Yichang, Hubei, China
Key Offering: CAP and Other Specialty Chemical Intermediates

Hubei Golden Ring is a chemical manufacturer with capabilities in cellulose ester production, including CAP. The company serves both domestic Chinese and international markets with its chemical intermediates and polymer products.

Innovation Initiatives:

• Capacity expansion to meet growing regional demand

• Quality improvement initiatives for export market competitiveness

Get Full Report Here: Plastic Grade CAP Market – View in Detailed Research Report

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🌍 Outlook: The Future of Plastic Grade CAP Is Sustainable and High-Performance

The Plastic Grade CAP market is undergoing a significant evolution. While traditional applications continue to drive volume, the industry is increasingly focused on sustainable production methods, material innovation, and expansion into high-growth sectors.

📈 Key Trends Shaping the Market:

• Increasing demand for bio-based and compostable polymers in packaging and consumer goods

• Technological advancements in optical films for next-generation displays

• Regulatory push for sustainable materials and circular economy principles

• Strategic partnerships between CAP producers and electronics manufacturers

Get Full Report Here: Plastic Grade CAP Market – View in Detailed Research Report

The companies listed above are not only supplying essential materials for modern industries—they’re pioneering the sustainable transformation of specialty plastics.

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