The Specialty Pulp & Paper Chemicals Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Specialty Pulp & Paper Chemicals Global Market Report 2024, The specialty pulp & paper chemicals market size has grown strongly in recent years. It will grow from $22.49 billion in 2023 to $24.26 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to growth in demand for specialty papers, increased demand for packaging materials, rapid growth of e-commerce, increased concern over food safety, efficiency and productivity..
The specialty pulp & paper chemicals market size is expected to see strong growth in the next few years. It will grow to $32.9 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to sustainability and circular economy, emerging applications and market diversification, growing demand for customized solutions, consumer education and market awareness, increasing need for high-quality paper products.. Major trends in the forecast period include nanotechnology in papermaking, inkjet and digital printing paper, recycled fiber optimization, functional paper applications, digitalization and industry 4.0 integration..
The rise in consumption of recycled paper is expected to propel the growth of the specialty pulp and paper chemicals market going forward. Recycled paper refers to a paper that is reconstituted into paper again. Specialty pulp and paper chemicals help paper production by giving a white appearance to paper and removing lignin. For instance, according to American Forest and Paper Association, a US-based go-to source on issues and up-to-date information about the industry, recovered paper consumption at U.S. paper and paperboard mills increased by 3.9% in 2021. Therefore, the rise in consumption of recycled paper is driving the specialty pulp and paper chemicals market.
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The specialty pulp & paper chemicals market covered in this report is segmented –
1) By Product: Basic Chemicals, Functional Chemicals, Bleaching Chemicals, Process Chemicals
2) By Sales Channel: Direct/Institutional Sales, Indirect Sales
3) By Application: Packaging, Labeling, Printing, Other Applications
Investments in the paper industry are a key trend gaining popularity in the specialty pulp and paper chemicals market. Major companies are investing in specialty pulp and paper chemicals companies to strengthen their position in the market. For instance, in March 2021, Nine Dragons Paper Holdings Ltd., a China-based paper manufacturing company operating in the specialty pulp and paper chemicals market invested RM 5.4 billion ($1.2 billion) in Malaysia to buy and expand two pulp and paper mills in Pahang and Selangor.
The specialty pulp & paper chemicals market report table of contents includes:
1. Executive Summary
2. Specialty Pulp & Paper Chemicals Market Characteristics
3. Specialty Pulp & Paper Chemicals Market Trends And Strategies
4. Specialty Pulp & Paper Chemicals Market – Macro Economic Scenario
5. Global Specialty Pulp & Paper Chemicals Market Size and Growth
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31. Global Specialty Pulp & Paper Chemicals Market Competitive Benchmarking
32. Global Specialty Pulp & Paper Chemicals Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Specialty Pulp & Paper Chemicals Market
34. Specialty Pulp & Paper Chemicals Market Future Outlook and Potential Analysis
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