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Specialty Pulp and Paper Chemicals Market Is Set to Grow at A Healthy CAGR Up To 2024, North America To Show Steady Growth

Author : Ronak Bora | Published Date : 2019-08-06 
North America specialty pulp and paper chemicals market is forecast to hit the target revenue margin of USD 6 billion by 2024. North America and Europe is expected to lose their market share to Asia Pacific and Latin America owing to the growing digitalization in these regions.

Asia Pacific specialty pulp and paper chemicals market, which led the regional landscape in 2015, will record a CAGR of 6% over the coming timeframe. High demand for packaging materials along with rise in the production capacity will fuel the regional growth. India and China to be the key regional revenue drivers.

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Heavy demand for one-sided specialty (coated) papers across various stationary applications will favorably impact specialty pulp and paper chemicals market growth over the coming seven years. Moreover, increasing demand for these chemicals in the packaging industry for flexible packaging applications will augment the global industry trends over the coming years.

Functional chemicals, bleaching chemicals, polymerization & blowing agents, and process chemicals are some of the major specialty pulp and paper chemicals products. High demand for value-added paper leading to enhanced use of functional chemicals will drive specialty pulp and paper chemicals market growth over the coming years. Functional chemicals, which dominated the overall revenue in 2015, are anticipated to record substantial gains of 4.5% over the period of 2016-2024. Furthermore, growing use of recycled papers leading to the high demand for bleaching chemicals is expected to contribute substantially towards the specialty pulp and paper chemicals industry growth over the next few years. Bleaching chemicals are forecast to record a CAGR of 4% over the coming timeframe. Process chemicals market revenue is expected to surpass USD 6700 million by 2024. It helps in enhancing the efficiency and lifecycle of pulp manufacturing machines.

Moreover, new enzyme development to increase the efficiency of paper production is projected to encourage the industry trends over the next few years. Booming packaging and e-commerce industry is projected to boost specialty pulp and paper chemicals market growth in the near future. In addition to this, growing usage of graphic papers, tissues, diazo papers, and other specialty papers are forecast to foster specialty pulp and paper chemicals industry growth over the coming timeframe. Extensive applications of specialty pulp and paper chemicals in release liners, thermal transfers, posters, laminations, envelopes, and gift wraps will further benefit the market growth.

Glimpse of Table of Content (ToC)

Chapter 3.    Specialty Pulp and Paper Chemicals Market Insights

3.1.    Specialty Pulp and Paper Chemicals Market segmentation

3.2.    Specialty Pulp and Paper Chemicals Market size and forecast, 2013 - 2024

3.3.    Specialty Pulp and Paper Chemicals Market ecosystem analysis

3.3.1.    Vendor matrix

3.3.2.    Distributor matrix

3.4.    Specialty Pulp and Paper Chemicals industry impact forces

3.4.1.    Growth drivers

3.4.1.1. Growing demand for one-sided specialty (coated) papers

3.4.1.2. Improved process efficiency due to Specialty Pulp and Paper Chemicals usage

3.4.2.    Industry pitfalls & challenges

3.4.2.1. Environmental impact of pulp & paper production

3.5.    Growth potential analysis

3.6.    Porter's analysis

3.7.    Company market share analysis, 2015

3.7.1.    Strategic landscape

3.8.    PESTEL analysis

3.9    Regional price trends

3.9.1.    Cost structure analysis

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/specialty-pulp-and-paper-chemicals-market

 

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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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