Press release

What's Driving The Specialty Pulp And Paper Chemicals Market Size? | Kemira, Shell, Ashland, AkzoNobel, Nalco Water, An Ecolab Company, Buckman, SNF, BASF, Evonik, The Dow Chemical Company

What's Driving The Specialty Pulp And Paper Chemicals Market Size? | Kemira, Shell, Ashland, AkzoNobel, Nalco Water, An Ecolab Company, Buckman, SNF, BASF, Evonik, The Dow Chemical Company

 

 
Specialty Pulp And Paper Chemicals Market size is set to exceed USD 31 billion by 2024; as per a new research report by Global Market Insights, Inc.

Rise in the demand of one-sided specialty (coated) papers will be the principal driver for the growth in global specialty pulp and paper chemicals market size in the next few years. The demand for one-sided specialty (coated) papers was accounted for over 4,000 kilo tons in 2015 and will show significant growth.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/845

The global Specialty Pulp and Paper Chemicals Market is exhibiting a strong growth path with the evolving need of production and quality in the paper industry. Rising demand for different types of specialty paper from the paper, stationery, and packaging sectors across the globe will contribute heavily toward business expansion. Paper continues to be commonplace in the medical, household, industrial, packaging, and other commercial sectors despite the fledging digitization technology.

Growing demand for one-sided specialty papers will be a major driver for the growth of specialty pulp and paper chemicals market over the coming seven years. One-sided coated papers find application in envelopes, laminating, gift wrapping, release liners, posters, labeling, and thermal transfers and are expected to witness a heightened market demand, after registering a valuation of 4000 kilo tons in 2015. As per a report by Global Market Insights, Inc., specialty pulp and paper chemicals industry is anticipated to register a CAGR of 4.9% over 2016-2024 and the market valuation is expected to surge from USD 20.2 billion in 2015 to USD 31 billion by 2024.

Specialty pulp and paper chemicals market is segmented into four types of products namely, process chemicals, functional chemicals, bleaching chemicals, and polymerization & blowing agents. Of these, functional chemicals accounted for more than 50% of overall specialty pulp and paper chemicals industry share in 2015 and is expected to be the fastest growing segment at 4.5% CAGR in terms of revenue from 2016-2024. These types of chemicals include various pigments, dyes, and coatings chemicals.

Asia Pacific represents the fastest growing region in the global specialty pulp and paper chemicals industry. Increasing production capacities in the region are expected to drive the market growth. Positive outlook of packaging and retail market in India and China has propelled the growing demand for specialty paper chemicals. Asia Pacific specialty pulp and paper chemicals market accounting for 35% of total volume in 2015 dominated the regional revenue landscape and is projected to register a CAGR of 6% over 2016-2024. The regional market is expected to generate a revenue over USD 11.5 billion by 2024, subject to increasing production capacities in the region. Latin America market is also gaining prominence as many new manufacturing facilities have been established in the area. Latin America specialty pulp and paper chemicals industry is expected to surpass a revenue generation of USD 3,300 million by 2024, at 5% growth rate from 2016-2024. The steady demand in Asia Pacific and Latin America will lead North America and Europe losing their industry share.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/845

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Kemira
2. Shell
3. Ashland
4. AkzoNobel
5. Nalco Water, An Ecolab Company
6. Buckman
7. SNF
8. BASF
9. Evonik
10. The Dow Chemical Company

Strong digitization trends in North America and Europe are one of the major reason of shifting paper consumption trends to Asia Pacific. In 2015, Europe specialty pulp and paper chemicals industry share accounted for 30% of overall demand, however the industry collapsed with rising inclination toward to e-books and electronic media. The specialty pulp and paper chemicals industry is foreseen to depict below average gains over the coming seven years. Nevertheless, though the advent digital age has impacted the paper industry, a noticeable rise is expected in use of specialty papers for packaging. Europe and North America specialty pulp and paper chemicals markets are expected to grow at an annual rate of 4% each in terms of revenue over the period of 2016-2024.

Functional chemicals, bleaching chemicals, polymerization & blowing agents, and process chemicals are some of the major specialty pulp and paper chemicals products. High demand for value-added paper leading to enhanced use of functional chemicals will drive specialty pulp and paper chemicals market growth over the coming years. Functional chemicals, which dominated the overall revenue in 2015, are anticipated to record substantial gains of 4.5% over the period of 2016-2024. Furthermore, growing use of recycled papers leading to the high demand for bleaching chemicals is expected to contribute substantially towards the specialty pulp and paper chemicals industry growth over the next few years. Bleaching chemicals are forecast to record a CAGR of 4% over the coming timeframe. Process chemicals market revenue is expected to surpass USD 6700 million by 2024. It helps in enhancing the efficiency and lifecycle of pulp manufacturing machines.

Regional highlights related to specialty pulp and paper chemicals industry over 2016-2024 are detailed below:

• Asia Pacific specialty pulp and paper chemicals market, which led the regional landscape in 2015, will record a CAGR of 6% over the coming timeframe. High demand for packaging materials along with rise in the production capacity will fuel the regional growth. India and China to be the key regional revenue drivers.

Browse key industry insights spread across 127 pages with 87 market data tables & 11 figures & charts from the report, “Specialty Pulp And Paper Chemicals Market ” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/specialty-pulp-and-paper-chemicals-market

Key insights from the report include:

• Global specialty pulp and paper chemicals market size is forecast to exceed USD 31 billion by 2024, with estimated gains at over 4%.

• Functional chemicals registered the maximum share of over USD 10.5 billion in 2015. It constituted over half of the global specialty pulp and paper chemicals industry share.

• Asia Pacific, led by China, will be the major driver for the global market and is expected to reach a revenue of USD 11.50 billion of specialty pulp and paper chemicals by 2024. The huge number of stationery and packaging industry end-users will account for this demand.

• Fastest growth is also expected in the Asia Pacific region owing to the growing demand of packaging industry and increasing production capacity of industries in these regions.

• North America and Europe is expected to lose their market share to Asia Pacific and Latin America owing to the growing digitalization in these regions.

• North America specialty pulp and paper chemicals market is expected to reach a total revenue of over USD 6 billion in 2024.

• In 2015, the global specialty pulp and paper chemicals market share was concentrated as the top six industry participants accounted for more than 80% of supply.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.


Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on woodPRI. woodPRI disclaims liability for any content contained in this release.

Recommend

Microencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market. Extensive research is required for choosing the appropriate cor...
Germany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
Securities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
Renewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
How Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020: Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
Corporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview: E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...