Global Specialty Pulp and Paper Chemicals Market Share Is Expected to Grow At A CAGR Value Of Around 2.5% By 2028

20-May-2022 | Facts and Factors

According to Facts and Factors, the global specialty pulp and paper chemicals market was valued USD 24.9 million in 2021 and is predicted to increase at a CAGR of 2.5% to USD 26.31 million by 2028. The study examines the market in terms of revenue in each of the major regions, which are classified into countries.

Chemicals and polymers having functionalities that are used to improve the quality and performance of paper are referred to as specialty pulp and paper chemicals. Specialty chemicals are used to make specialty paper, including bleaching and RCF chemicals, process chemicals, functional chemicals, coating chemicals, and pigments and filters. Growing demand for bleaching and functional chemicals used in the production of specialty paper for applications such as packaging, printing, and labelling is expected to boost the market.

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Browse the full “ Specialty Pulp and Paper Chemicals Market By Product Outlook (Basic Chemicals, Functional Chemicals, Bleaching Chemicals, Process Chemicals), By Application Outlook (Printing, Packaging, Labeling, Others), and By Region - Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast 2022 – 2028"  report at https://www.fnfresearch.com/specialty-pulp-and-paper-chemicals-market

Due to the digital revolution, which has also led to industry consolidation, demand for specialized paper and pulp chemicals has been dropping or remaining relatively stable in recent years. Growing demand from packaging, domestic, and sanitary applications, on the other hand, has helped to stabilize the market. Coating as a protective material to induce smoothness and limit ink absorbency in specialty paper is becoming more popular, which will increase the use of functional chemicals in the coming years. The growing popularity of recycled paper in the paper industry is driving demand for specialty pulp and paper chemicals, as well as the widespread use of functional chemicals in a variety of applications such as decoration, printing, and packaging, which is propelling the specialty pulp and paper chemicals market forward. The market for specialty pulp and paper chemicals is influenced by the growing demand for functional chemicals in various forms such as fluorescent whitening, dry-strength additives, and sizing agents, as well as an increase in their demand to produce various types of paper depending on desired texture, brightness, size, and other factors.

Segmental Overview

The market is divided into four areas based on product: bleaching, process, functional, and basic chemicals. Functional chemicals accounted for about half of the total specialty pulp and paper chemicals industry. Printability, colour, texture, water repellence, and strength are among the traits and qualities of specialty paper that are improved by functional compounds. Dyes, coating binders, sizing additives, dry and wet additives, and whitening agents are some of the most regularly utilized functional chemicals.

Packaging was the most popular application area in 2021. Because of its capacity to produce great print contrast as well as a flawless finish in laminating and vacuum metalizing applications, the market for specialized pulp and paper chemicals for packaging is expected to develop rapidly.

Regional Overview

In 2021, Asia Pacific dominated the global market. Chemical use is predicted to rise over the next seven years due to the strong presence of specialty pulp and papermakers in Japan and China, as well as easy access to equipment and raw materials. Furthermore, rising demand for specialty pulp and paper in a variety of end-use industries such as labeling, printing, and packaging is expected to drive market expansion during the projection period. China and India are expected to grow rapidly as a result of increased industrialization, rapid economic growth, and low labor costs. Environmental performance, regulatory compliance, and early adoption of sustainable production practices are all important aspects in determining the industry's growth in North America. North America's specialized pulp and paper chemicals market remained steady due to saturation and growth in the digital economy. Despite this, the market is predicted to expand due to the rising demand for environmentally friendly chemicals for recycled papers and the expanding application range of specialty papers.

Report Scope

Report Attribute

Details

Market Size in 2021

USD 24.9 Million

Projected Market Size in 2028

USD 26.31 Million

CAGR Growth Rate

2.5%

Base Year

2021

Forecast Years

2022-2028

Key Market Players

Ashland, BASF SE, Buckman, Dow Chemical Company, Ecolab, SNF Group, Evonik Industries AG, Nouryon, Solenis

Key Segment

By Product Outlook, By Application, and By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Purchase Options

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Competitive Landscape

The report contains qualitative and quantitative research on the global specialty pulp and paper chemicals market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides in-depth analysis of the market's main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts. The study examines, among other things, each company's global presence, competitors, service offers, and standards.

List of Key Players in the Global Specialty Pulp and Paper Chemicals Market:

  • Ashland
  • BASF SE
  • Buckman
  • Dow Chemical Company
  • Ecolab; SNF Group
  • Evonik Industries AG
  • Nouryon
  • Solenis

The global Specialty Pulp and Paper Chemicals Market is segmented as follows;

By Product Outlook

  • Basic Chemicals
  • Functional Chemicals
  • Bleaching Chemicals
  • Process Chemicals

By Application Outlook

  • Printing
  • Packaging
  • Labeling
  • Others

By Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Nordic Countries
      • Denmark
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Asia Pacific
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

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