The Global Market for Pulp and Paper Chemicals is Projected to Reach US$43 Billion by 2022

Commonplace Use of Paper Despite the Digital Revolution Sustains Paper Production & Demand for Pulp and Paper Chemicals, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Pulp and Paper Chemicals market. The global market for Pulp and Paper Chemicals is projected to reach US$43 billion by 2022, driven by the perennial significance of paper in industries, commercial establishments, and homes; and rising demand for specialty chemicals as a result of evolving quality and production needs of the paper industry.

Although the print culture, defined as the widespread distribution of printed forms of visual communication, is gradually shrinking, paper and print still remains indispensable to most activities. Notwithstanding the waning prominence of printed media in this era of digital revolution, paper will continue to remain an indispensable part of the human civilization. Paper continues to find commonplace uses in industries, commercial establishments and homes. Paper packaging still remains a popular packaging technology supported by benefits such as recyclability, reusability, renewable if paper is produced from trees planted specifically for the purpose, less polluting than plastic, and biodegradability, among others. Paper in an average household takes the form of bills, records, documents, bank statements, calendars, journals, credit card statements, rent receipts, legal documents, newspapers and magazines etc. Against this backdrop, paper production continues to remain steady, sustaining status quo revenue streams for the global pulp and paper chemicals market. The growth in pulp production in South America and Northern Europe is additionally expected to support growth prospects for pulp chemicals. Other important factors that are expected to sustain market demand in the near term include rising demand for chemicals for paper and board lightweighting, and growing popularity of specialty paper chemicals that reduce the overall consumption of energy and water and save raw materials by lowering paper weight without compromising over functional and optical properties of paper.  

The market nevertheless will continue to face challenges such as reduced volume of printed content as a result of digitization, growing prominence of print on demand technology, and paper reduction programs to reduce paper consumption due to environmental concerns related to deforestation, overflowing landfills, among others. Struggling with these challenges, the market will witness mediocre growth in the coming years. Specialty, high performance chemicals are poised to score strong gains in the market as paper manufacturers’ focus on the use of advanced technologies and specialty chemicals to cost-effectively manufacture paper products with high quality and performance characteristics in order to remain competitive. Lean paper manufacturing targeted at reduced complexities, improved safety and increased competitiveness is driving demand for pulp and paper chemicals with enhanced performance, productivity, stability, and cost-efficiency. Stringent enforcement of pollution, environment and water use standards are also driving demand for efficient paper chemicals

As stated by the new market research report on Pulp and Paper Chemicals, Asia-Pacific represents the largest market growing at a sedate yet highest comparable CAGR of 3.8% over the analysis period led by the increasing concentration of raw pulp plants in countries including India, China, Indonesia and Thailand; improving living standards and the resulting demand for personal hygiene paper products such as tissues and toilet paper; growing use of corrugated board packages; and increased interest in breeding and planting profitable fast growing trees for pulp/paper products. In mature markets such as Europe and North America, growth will be driven largely by the demand for high performance paper chemicals as manufacturers come under pressure to curb paper production costs in order to compete effectively with the increasing supply of cheaper paper commodities from low-cost manufacturers in the developing countries.

Key players covered in the report include Akzo Nobel NV, Archroma, Ashland, Inc., BASF SE, Behn Meyer Chemicals (Qingdao) Co. Ltd., Buckman Laboratories International, Inc., Canexus Corporation, ERCO Worldwide, Evonik Industries AG, FMC Corporation, Georgia-Pacific Chemicals LLC, Imerys SA, Kemira Oyj, Nalco Holding Company, Omya AG, Solvay SA, The Chemours Company, Toho Chemical Industry Co., Ltd., and Trinseo LLC, among others.

The research report titled “Pulp and Paper Chemicals: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of major companies worldwide. The report provides market estimates and projections for all major geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, and Rest of Asia-Pacific), Middle East & Africa, and Latin America (Brazil, and Rest of Latin America). Product Segments analyzed in the report include Pulping & Deinking Chemicals, Bleaching Chemicals, Starches, Internal Sizing Agents, Surface Sizing Agents, Paper Coating Chemicals, Retention & Drainage Aids, and Others.

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