The market for specialty pulp and papers chemicals in the world was valued at USD 21.9 million in 2019. It is projected to grow at a compound annual rate (CAGR), of 3.1% between 2020 and 2027. This market will be driven by the growing demand for bleaching chemicals and functional chemicals that are used in specialty paper production for packaging, printing and labeling.
Specialty pulp chemicals and paper chemicals are downstream products of a variety of commodity chemicals, including alcohols and fatty alcohols as well as solvents, surfactants and surfactants. These commodity raw materials, which are bulk chemicals, can be delivered directly to customers without any preprocessing. In the manufacture of specialty pulp and paper, mineral acids and bases are used as base chemicals.
These products are made from a variety of raw materials, including chelating agents and caustic soda. When used with hydrogen peroxide bleaches and hydrosulfite bleaches, chelating agents give the paper the desired brightness. This is a crucial role in specialty pulp and paper manufacturing. However, biocides are used to prevent and control microbial growth as well as to maintain the efficiency of specialty pulp and paper production machines.
The digital revolution has led to a decline in demand for specialty papers and pulp chemicals over the years. This has also resulted in consolidation within the industry. Stabilization has been achieved due to growing demand from packaging, household and sanitary applications. The increasing popularity of coatings as protective materials to insure smoothness and decrease ink absorbency in specialty papers will increase the use of functional chemicals in the coming years.
This product segment comprises basic, functional and process chemicals. The fastest-growing product segment, functional chemicals, is anticipated to be in 2019. It will register a volume-based CAGR (based on volume) of 2.2% during the forecast period. It includes pigment, starch and latex, binders as well as dyes, miscellaneous coating agents, and dye.
Functional chemicals can be used to enhance the properties and characteristics of specialty papers such as color, texture and water repellency. Dyes, coating binders and sizing additives are some of the most commonly used functional chemicals. For enhancing gloss, strength, and ink retention, non-fibrous materials such as functional and coating chemicals like fillers, rosins and brighteners are used during paper manufacturing.
With a total of US$ 8.9 billion in chemicals consumed, packaging was the most important application sector. Due to its outstanding print contrast and smooth finish in laminating or vacuum metalizing, specialty pulp and paper chemicals will see a significant increase in demand.
The market is also seeing a lot of specialty paper being used in food packaging products such as carryout boxes, cardboard, plates and cups. The demand for printing applications segment is expected to grow in the coming years. Commercial printing accounts for a large portion of writing.
Specialty chemical is extensively used in the manufacture of many labels, including retail labels, industrial bar codes, medical labels, transportation and distribution labels. These labels have many benefits, including outstanding printability, improved bar code readability and compatibility with solvents. This will drive the market demand in the future.
Asia Pacific was the dominant market, accounting for 46.9% of global volume share in 2019. The strong presence of specialty pulp and papers manufacturers in Japan, China and other countries due to easy access to raw materials and equipment is expected to lead to an increase in chemical use over the next seven year.
The market will also see an increase in demand for specialty pulp paper in many end-use applications like printing, labeling, packaging, and packaging. China and India will see remarkable growth due to their rising industrialization and low labor costs.
North America's industry growth is influenced by factors like environmental performance, regulatory compliance and early adoption of sustainable production methods. Due to the saturation of the digital industry and the growth in specialty pulp and paper chemicals markets in North America, the market for specialty pulp and papers chemicals remained stagnant in 2019. The market is expected to grow despite the stagnant state of North America's specialty pulp and paper chemicals market due to increased demand for eco-friendly chemical for recycled papers as well as the growing scope of specialty papers.
This market is fragmented and has established industry players. It is characterised by mergers and acquisitions as well as joint ventures, capacity expansions and substantial distribution. Branding decisions are made to increase market share and presence in the region. The Dow Chemical Company, BASF SE and Buckman are key players.
They are involved in every step of the value chain, from the sourcing of raw material to the final product line. They are also involved in R&D to continuously develop new products and expand the product range. This will increase competition and create a threat to new players in the market. The following are some of the most prominent players in specialty pulp and paper chemical markets:
Ashland
BASF SE
Buckman
Dow Chemical Company
Ecolab
SNF Group
Evonik Industries AG
Nouryon
Solenis
Up Market Research published a new report titled “Specialty Pulp & Paper Chemicals Market research report which is segmented by Product (Bleaching, Basic, Functional, Process), by Application (Packaging, Printing, Labeling), By Players/Companies Dow Chemical Company, Nouryon, Ecolab, BASF SE, Ashland, Solenis, Evonik Industries AG, SNF Group, Buckman”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Specialty Pulp & Paper Chemicals Market Research Report |
By Product | Bleaching, Basic, Functional, Process |
By Application | Packaging, Printing, Labeling |
By Companies | Dow Chemical Company, Nouryon, Ecolab, BASF SE, Ashland, Solenis, Evonik Industries AG, SNF Group, Buckman |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 211 |
Number of Tables & Figures | 148 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Product (Bleaching, Basic, Functional, Process), by Application (Packaging, Printing, Labeling).
Specialty Pulp & Paper Chemicals Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Specialty Pulp & Paper Chemicals Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
Reasons to Purchase the Specialty Pulp & Paper Chemicals Market Report:
Some other reports from this category!