The global specialty pulp & paper chemicals market size is expected to reach USD 26.23 billion by 2025
at a revenue-based CAGR of 3.0% during the forecast period, according to a new
report by Grand View Research, Inc. Rising importance of functional chemicals,
which provide excellent optical properties and improve printability, is one of
the many factors driving industry growth.
The specialty pulp & paper chemicals
market is projected to exhibit steady growth as a result of rising global
demand for tissues and packaging grades. Herein, rapid growth of e-commerce is
augmenting consumption of packaging grades and packing materials. Moreover,
increasing concern over food safety in the food and beverages sector has
propelled the need for high-quality food service board and liquid packaging
board.
Demand for specialty papers and chemicals
is expected to witness high growth owing to rising demand for sterilizing paper
in medical applications. Sterile bags produced from these papers provide
optimal and clean surface for rotogravure and flexo printing.
Basic chemicals, including caustic soda,
sodium carbonate, and mineral acids, are used as a catalyst or for chelating in
the specialty pulp and paper industry. On account of its toxic nature, demand
for basic chemicals is likely to witness restricted growth over the forecast
period. Moreover, environmental concerns are expected to increase with growing
number of regulatory compliances in various countries such as U.S., Germany,
France, and U.K.
Specialty pulp and paper chemicals are used
in printing applications such as freestanding inserts, advertisements,
catalogs, and magazines. Some of the many advantages of specialty paper in
printing are increased printability, runnability, permanence, durability,
superior opacity, excellent surface and strength characteristics, acid-free and
alkaline papers, and high brightness.
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https://www.grandviewresearch.com/industry-analysis/specialty-pulp-paper-chemicals-market
https://www.grandviewresearch.com/industry-analysis/specialty-pulp-paper-chemicals-market
Further key findings from the report suggest:
· By product, the bleaching chemicals segment
is expected to register a market volume of 8,556.8 kilo tons by 2025, at a CAGR
of 2.0% from 2017 to 2025
· In terms of revenue, the functional
chemicals segment is expected to exhibit the highest CAGR of 3.2% over the
forecast period
· The packaging application dominated the
global specialty pulp & paper chemical market with a global revenue share
of 40.6% in 2017
· North America is likely to exhibit a
significant volume-based CAGR of 2.1% over the forecast years, owing to a large
market for eco-friendly and 100% recyclable products in U.S.
· Countries in Asia Pacific, especially
India, Indonesia, and China, are expected to observe notable growth over the
forecast years
· The global industry is characterized by
product accreditation, capacity expansion, capital expansion, and investment
decisions of manufacturers to improve market share
· Some of the prominent companies in the
industry are Royal Dutch Shell Plc.; SNF Floerger; Evonik Industries AG; Solvay
S.A.; ERCO Worldwide; Kemindo International; BASF SE; The Dow Chemical Company;
Nalco Holding Company; Ashland, Inc.; Buckman Laboratories International, Inc.;
and Donaldson Company, Inc.
Grand View Research has segmented the
global specialty pulp & paper chemicals market on the basis of product,
application, and region:
Specialty Pulp & Paper Chemicals
Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
·
Basic Chemicals
·
Functional Chemicals
·
Bleaching Chemicals
·
Process Chemicals
Specialty Pulp & Paper Chemicals
Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
·
Packaging
·
Labeling
·
Printing
·
Others
Specialty Pulp & Paper Chemicals
Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Central & South America
·
Middle East & Africa
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
