Authored By: Sarah
13 Feb 2025

Latest News- Specialty Pulp And Paper Chemicals Market: Functional chemicals is expected to lead the Type segment during 2024-2028

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 4.5% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 6351.1 million. The Specialty Pulp and Paper Chemicals market is experiencing significant advancements, driving market growth over the forecast period. One such innovation is the integration of enzymes in specialty paper manufacturing. Enzymes play a pivotal role in the bleaching and de-inking processes, reducing chlorine bleach consumption and minimizing environmental impact. Their application in cellulose chemical reactions is anticipated to expand. Furthermore, the rising adoption of recycled pulp to conserve energy and advancements in recycled pulp processing technologies, coupled with progressions in kraft and mechanical pulping techniques, are notable market developments. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

  • Type
    • Functional chemicals
    • Bleaching chemicals
    • Process chemicals
    • Others
  • Geography
    • APAC
      • China
      • Japan
    • North America
      • US
    • Europe
      • Germany
      • Italy
    • South America
      • Middle East and Africa

      According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

      • Rise in demand for specialty paper
      • Increasing use of recycled fibers
      • Product innovations

      However, the market also witnesses some limitations, which are as follows:

      • Lack of availability of raw materials and volatile raw material prices
      • Competition among vendors
      • Stringent regulatory policies

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      Market Scope in Specialty Pulp And Paper Chemicals Market Research Report

      Market Scope

      Report Coverage

      Details

      Page number

      156

      Base year

      2023

      Historic period

      2018-2022

      Forecast period

      2024-2028

      Growth momentum & CAGR

      Decelerate at a CAGR of 4.5%

      Market growth 2024-2028

      USD 6351.1 million

      Market structure

      market_structure.ucfirst

      YoY growth 2023-2024(%)

      4.23

      Key countries

      US, China, Japan, Germany, and Italy

      Competitive landscape

      Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

      Request Free Sample

      Find out which segment is leading the market by accessing the free PDF report

      Research Analysis Overview

      The Specialty Pulp and Paper Chemicals market encompasses a wide range of chemicals used in various applications within the pulp and paper industry. These applications include tapes and labels, inserts and dividers, cups and trays, display packaging, cartons, wrapping paper, and corrugated boxes. Chemicals such as pigments, coating agents, biocides, caustic soda, and chelating agents play crucial roles in enhancing the functionality and appearance of these products. In the packaging sector, for instance, pigments are used to color wrapping paper and labels, while biocides help prevent microbial growth in paper products. The emergence of emerging economies and the digital revolution have significantly impacted the Specialty Pulp and Paper Chemicals market. Increased demand for packaging, particularly in sectors like e-commerce, has led to a surge in the production of corrugated boxes and other paper-based packaging solutions. However, environmental hazards associated with pulp and paper production and paper recycling remain a concern. Industrial papers and commercial printing also utilize these chemicals, further expanding the market scope. Industrial supply chains are another critical aspect of the Specialty Pulp and Paper Chemicals market, ensuring the smooth flow of raw materials and finished products. Overall, the market for these chemicals is expected to grow steadily, driven by the increasing demand for paper-based products and the continuous innovation in pulp and paper technologies.

      Market Research Overview

      The specialty pulp and paper chemicals market is a segment of the larger global specialty chemicals industry, encompassing businesses that produce high-value-added chemicals utilized in the manufacture of a diverse range of products, such as fine chemicals, additives, advanced polymers, adhesives, sealants, specialty paints, pigments, and coatings. According to Technavio's market analysis, the size of the global specialty chemicals market is determined by the consolidated revenue generated by these manufacturers. Key growth drivers for the specialty chemicals market include the increasing demand for specialty adhesives and sealants, which are expected to significantly contribute to market expansion throughout the forecast period.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.


      Contacts

      Technavio Research
      Jesse Maida
      Media & Marketing Executive
      US: +1 844 364 1100
      UK: +44 203 893 3200
      Email: media@technavio.com
      Website: www.technavio.com/

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