Forecast to 2025, Paper Chemicals Market Research Report: Capacity, Production and Value Future
Paper chemcicals are speciality chemicals used for manufacturing and transforming the properties of paper. They are utilized to modify paper properties in various ways, such as brightness, colour, water resistance, and strength. Growing paper and pulp industry in the emerging economies is expected to drive the paper chemical market in the coming years. Additionally, rise in the environment conservation activities such as recycling of paper is projected to boost the demand for paper chemicals in near future. The growing use of label manufacturing technologies, enhanced packaging practices, and paper packaging in the food and beverage industry to reduce plastic waste is also contributing to the market growth.
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Due to the rising awareness of damaging effects from plastic packaging on environment, a growth in the demand for flexible paper packaging is expected to cause a surge in the use of paper chemicals. In addition, the growing implementation of strict government norms pertaining to reduction in carbon emissions and environmental concerns are also key factors projected to fuel the consumption of recycled paper packaging in the coming years. The demand for graphic paper is declining and can have a negative impact on the paper chemical market. Furthermore, the growing concerns over cutting down of trees for making paper and pulp is projected to affect the market growth over the forecast period.
Paper chemicals manufacturers, Environmental Authorities, Quality Control Organizations, Suppliers and Distributors, Research and Innovation Organizations, Regulatory Authorities, Chemical suppliers are some of the key stakeholders of the Global Paper chemicals industry. It has different applications such as Pulp Mills, Printing, Packaging, etc. The regional study states that the regions like South America, Asia Pacific, North America, Europe are the key players in the Global market. Companies like GE Corporation, Nouryon, Ecofy Chem, Archer Daniels Midland Company, Arkema, Buckman, Laboratories, Clariant, ERCO Worldwide are some the major vendors.
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Major manufacturers around the world are working for cutting down cost of manufacturing paper packaging material and are well versed with the advantages of using recycled paper, which can cut down the cost of packaging material to almost 40%. Additionally, the growing implementation of strict government norms pertaining to reduction in carbon emissions and environmental concerns are also key factors projected to fuel the consumption of recycled paper packaging in the coming years.
The market is experiencing a swing from paper to digital means which is expected to restraint the paper chemical market. This switch has also led to the closure of inefficient, small mills coupled with losing their customer base. The demand for graphic paper is declining and can have a negative impact on the paper chemical market. Furthermore, the growing concerns over cutting down of trees for making paper and pulp is projected to affect the market growth over the forecast period.
Packaging industry is one of the emerging application for paper chemicals
Proper packaging protects the goods from getting damaged, till the product is delivered from the manufacturing point and reaches the final consumer. It also prevents any wastage associated to the products and reduces the transportation risk involved during delivery. The use of specialty paper chemicals helps to decrease the water and energy consumption, recycle wastepaper, and decreases the raw material intake. The use of specialty paper chemicals do not compromise other functional properties of the paper but only tend to reduce the all over paper weight.
Specialty paper chemicals have also enabled a remarkable increase in the speed of paper machines. With the rise in the e-commerce sector and online shopping activities, there is a high demand for strong packaging products. Growing industries and production of good quality products is also influencing the packaging market in a positive way. Additionally, the rise in food grade biodegradable packaging is expected to boost the demand for paper packaging, driving the market growth in the coming years.
Growing environmental concerns and the increasing need to reduce toxic emissions across the world is driving the use of recycled paper packaging. There is a growing use of recycled paper packaging in various industries such as personal care, healthcare, food and beverages, manufacturing, and several others.
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Regional Market Scenario:
Asia-Pacific will lead the growth in this market
Asia-Pacific region is anticipated to grow at a very fast pace in the paper chemicals market with the highest CAGR during the forecast period. Growing population, rising demand for various goods and products, e-commerce is projected to drive the growth of paper chemical market. Furthermore, the fast paced growth of the paper chemical industry in the region can also be attributed to the increasing number of pulp and paper production facilities in developing countries from developed regions such as Europe and North America, due to the low labour costs and abundant availability of raw materials. Additionally, the growing number of manufacturers and expansion of capacity in the pulp and paper industry in countries such as Southeast Asia and India is projected to boost the paper chemicals market in the Asia Pacific region over the forecast period.
Key Market Players
Market Segments: Paper chemicals Market
By Region (tentative)
Company Annual Reports
Key industry leaders
Key Questions Answered
What are the key growth regions and countries?
What are the important types and technologies being used?
What are the market players doing, in terms of research and development?
Which are the new applications for this market?
What are the integrations happening?
What are the recent news, developments, mergers, or large value deals?
Raw material suppliers
Paper chemical manufacturers
Research and Innovation Organizations
Suppliers and Distributors
Other Channel Partners
Quality Control Organizations
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