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 in the market
include Akzo Nobel NV, Archroma, Ashland Inc., BASF SE, Behn Meyer Chemicals
(Qingdao) Co. Ltd., Buckman Laboratories International Inc., Chemtrade
Logistics Income Fund, ERCO Worldwide, Evonik Industries AG, FMC Corporation, Georgia-Pacific
Chemicals LLC, Imerys SA, Kemira Oyj, Nalco Holding Company, Omya AG, Solenis
LLC, 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.
Global Industry
Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA, All Rights Reserved.
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