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North America Pulp & Paper Enzymes Market Size to grow at 5.5%+ CAGR to 2024

Author : Ronak Bora | Published Date : 2019-07-03 

North America pulp & paper enzymes market, as per estimates, will exhibit a CAGR of above 5.5% over 2017-2024, due to the presence of major industry players. The emergence of advanced manufacturing technologies will also favor the companies for large scale production. Enzymes being green chemicals, the participants in pulp & paper enzymes industry are willing to use it to improve the operations in pulp & paper manufacturing. Global Market Insights, Inc. estimates pulp & paper enzymes market to collect a notable revenue of more than USD 225 million by 2024.

Considering the future scope of the pulp & paper industry, it would be prudent to mention that research institutes are focusing on the enhancement of alkalinity strength and thermostability of the enzymes. Most of the U.S. based pulp & paper market firms are heavily investing in research & development activities and product innovation to dominate the business space over the coming years.

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The adoption of strategies like ‘waste to useful commodity’ to reduce waste in the environment is certain to spur pulp & paper enzymes market. An instance of this fact can be attributed to a series of events that has taken place in the U.S. in recent years. In the year 2014, it was reported that the farmers near the area of southeastern Washington had burned nearly 400,000 tons of straw residue with the permission of the State Department of Ecology, which emitted 556,000 tons of carbon dioxide. In order to reduce the hazardous effect of CO2 on the environment, the government established a pulp mill in the area. Apparently, waste wheat and alfalfa straw would be used to extract cellulose in this mill, thereby leading to twin benefits of waste straw usage for environment conservation and cellulose production from the wheat and straw processing. The implementation of this strategy on a large scale is likely to impel pulp & paper enzymes industry share. As per the estimates, in 2016, pulp & paper enzymes market generated a revenue of USD 125 million.

As per a reliable survey conducted across the U.S., 62% of the consumers have negative opinions about the brands which does not use eco-friendly packaging. Most of the brands therefore, have been striving to adopt sustainable retail packaging strategies to satisfy the consumer needs. Nashville for instance, has been creating printed paper packaging for decorative packaging such gift wrappers. The rapidly expanding retail sector across various regions of the globe is likely to boost pulp & paper enzymes industry size. Moreover, for medication packaging, most of the pharma companies are using child resistance paperboard packs, creating new growth avenues for pulp & paper industry players. Recently, a packaging company – Keystone Folding Box, launched the Ecoslide-OTC, which is made from 100% recyclable paperboard. Increasing use of paper in pharma packaging application is slated to propel pulp & paper enzymes market share.

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Speaking about the cardboard industry, it is to be noted that the amylase enzyme is increasingly used for various purposes such as coating of starch, deinking, drainage improvement, and cleaning. As per estimates, pulp & paper enzymes market from amylase will surpass a revenue collection of USD 75 million by the end of 2024. Industry giants are continuously focusing on the development of various enzymes such as cellulose, amylase, protease, lipase, and Pectinase, which are prominently used in fiber modification and hydrolyzation, thereby helping to improve the softness of tissue. Speaking of which, Buckman Laboratories, Krishna Speciality Chemicals, AB Enzymes, MetGen, Rossari Biotech, Iogen Corporation, Anthem Cellutions pvt. Ltd., Novozymes, KPS Bio, Enzymatic Deinking Technologies, Dupont, Enzyme Solutions, Biotech, and Nature BioScience Pvt. Ltd are the prominent players in pulp & paper enzymes market.

Pulp & Paper Enzymes market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Tons & revenue in USD thousand from 2013 to 2024, for the following segments:

Pulp & Paper Enzymes Market by Product

  • Amylases
    • Surface coating
    • Deinking
    • Drainage improvement
  • Xylanases/ Hemicellulase
    • Bleaching
    • Fiber modification/ fibrillation
    • Deinking
    • Debarking
    • Retting of flax fibers
  • Lipase
    • Pitch treatment
    • Microbial control
  • Cellulase
    • Deinking
    • Fiber modification fibrillation
    • Drainage improvement
  • Pectinase
    • Debarking
    • Retting of flax fibers
  • Others (Lacases, Levan)
    • Prebleaching
    • Slime removal

The above information is provided on a regional basis for the following:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • Portugal
    • France
    • Italy
    • Spain
    • Russia
    • Norway
    • Finland
    • Sweden
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Thailand
    • Taiwan
    • Australia
    • Vietnam
    • Indonesia
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Chile
    • Colombia
    • Uruguay
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Iran
    • Israel
    • Jordan
    • South Africa

Browse key industry insights spread across 290 pages with 230 market data tables & 9 figures & charts from the report, “Pulp & Paper Enzymes Market” in detail along with the table of contents:

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

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.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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