The Specialty Pulp And Paper Chemicals Market is being driven by Rise in demand for specialty paper
The Specialty Pulp And Paper Chemicals Market is expected to grow at a CAGR of 4.7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 6884.6 million. The Specialty Pulp and Paper Chemicals Market is experiencing significant growth due to technological innovations in the industry. One such advancement is the integration of enzymes in the manufacturing process of specialty paper. Enzymes play a pivotal role in the bleaching and de-inking processes, reducing the requirement for chlorine bleach and minimizing its environmental impact. Furthermore, the use of enzymes in the chemical reaction of cellulose is projected to expand in the coming years. Additionally, the adoption of recycled pulp to decrease energy consumption and the implementation of technologies for optimal recycled pulp processing, along with advancements in kraft pulping and mechanical pulping, are notable market trends.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
247 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.7% |
Market growth 2025-2029 |
USD 6884.6 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
4.4 |
Key countries |
US, China, Japan, India, Canada, UK, Germany, South Korea, France, and Italy |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Specialty Pulp and Paper Chemicals Market encompasses a range of chemicals used in various applications within the pulp and paper industry. These include chemicals for packaging, printing, and labeling, as well as industrial supply chains. Commodity chemicals such as chelating agents, caustic soda, and biocide are commonly used. The digital revolution has brought about new opportunities in coating, pigment, and commercial printing. Industrial papers, emerging economies, and paper recycling are also significant market drivers. However, environmental hazards associated with pulp and paper production pose challenges. The market includes chemicals for corrugated boxes, wrapping paper, cartons, display packaging, cups and trays, inserts and dividers, and tapes and labels.
The global specialty pulp and paper chemicals market is a significant segment of the broader specialty chemicals industry. This market encompasses businesses specializing in high-value-add chemicals used in the production of pulp and paper products. Comprising of commodity chemicals such as chelating agents, this sector caters to the manufacturing of specialized adhesives and sealants, among other niche applications. According to Technavio, market expansion will be fueled by the increasing demand for these advanced materials in various industries, particularly in the production of high-performance pulp and paper products. The shift towards sustainable manufacturing processes and the growing preference for specialty adhesives and sealants are key growth drivers in this market.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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