Specialty Pulp and Paper Chemicals Market to record USD 8.78 Bn growth — Driven by rise in demand for specialty paper – QNT Press Release


NEW YORK, Sept. 27, 2022 /PRNewswire/ — The “Specialty Pulp and Paper Chemicals Market by Type and Geography – Forecast and Analysis 2022-2026” report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.

The potential growth difference for the specialty pulp and paper chemicals market between 2021 and 2026 is USD 8.78 billion. To estimate the size of the market, Technavio has considered various factors including the growth rate of consumer markets, adoption rate of specialty pulp and paper chemicals, retail sales of specialty pulp and paper chemicals, and consumer base among others. Understand the scope of the full report. Download PDF Sample Report

Key Market Dynamics:
  • Market Driver
  • Market Challenges

The rise in demand for specialty paper is driving the growth of the market. The demand for specialty paper is increasing significantly in emerging markets such as India, China, Brazil, Turkey, Polandand Russia. This can be attributed to the rise in the use of specialty paper across industries for use in filtration, labeling, and graphic arts. In addition, the rising demand for specialty paper products such as cups, wraps, and bags from quick-service restaurants in the food services sector is also contributing to the overall growth of the global specialty pulp and paper chemicals market.

In addition, the increasing use of recycled fibers will further accelerate market growth. However, the increasing competition among vendors will challenge the growth of the market.

Segmentation Analysis:

The specialty pulp and paper chemicals market report is segmented by type (functional chemicals, bleaching chemicals, process chemicals, and other chemicals) and geography (APAC, North America, Europe, South Americaand the Middle East and Africa).

By type, the market will observe significant growth in the functional chemicals segment during the forecast period. The segment is driven by the increasing demand for functional chemicals such as dyes, pigments, and others for printing and writing purposes.

Similarly, by region, APAC will account for the largest share of the market. About 37% of the market growth will originate from APAC during the forecast period. Factors such as the presence of a large customer base, cheap labor, low cost of infrastructure , low-cost raw materials, and the emergence of e-commerce companies are driving the growth of the regional market.

Identify potential segments to invest in over the forecast period. Read Sample Report Here

Vendor Landscape:

The global specialty pulp and paper chemicals market is fragmented due to the presence of several vendors competing for market share. Vendors compete based on several factors, such as quality, price, service, brand image, distribution, and marketing. They are trying to increase their sales by offering personalization options in their products. Some vendors follow the patented process to achieve competitive advantages in the global market. Vendors are also entering into new agreements with commercial end-users to increase their sales volume. The increasing competition among vendors may compel vendors to reduce their product prices, which can negatively impact their profit margins and market growth.

Technavio identifies the following as the dominant players in the market.

  • Archroma Management GmbH
  • Arkema SA
  • Ashland Global Holdings Inc.
  • BASF SE
  • Buckman Laboratories International Inc.
  • Croda International Plc
  • Ecolab Inc.
  • ERCO Worldwide
  • Evonik Industries AG
  • Imerys SA
  • INEOS Group Holdings SA
  • Kemira Oyj
  • Nouryon Chemicals Holding BV
  • Novozymes AS
  • Robert Specialty Paper Corp.
  • Sappi Ltd.
  • Solenis LLC
  • Solvay SA
  • SPCM SA
  • The Dow Chemical Co.
Related Reports:

Specialty Pulp and Paper Chemicals Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of almost 6%

Market growth 2022-2026

USD 8.78 billion

Market structure

Fragmented

YoY growth (%)

5.29

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 37%

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