In-depth Study on Global Paper and Pulp Market Reveals Steady Revenue Growth to Reach 79600 million US$ by 2023

The pulp and paper industry is one of the largest industries in the world. This sector, which includes products such as office and catalog paper, glossy paper, tissue and paper-based packaging, uses over 40 % of all industrial wood traded worldwide. Market Research Hub (MRH) has freshly announced the inclusion of a study to its massive repository, which is titled as “Global Paper and Pulp Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023”. This 151-page study provides crucial information on the impact of recent market trends and technological developments on the growth of the market.

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Initially, the research comprises an executive summary, which includes a market snapshot providing information about various segments of the market. The detailed overview of global paper and pulp market, evaluating market performance in terms of revenue, followed by analysis of key trends, drivers, and restraints witnessed in the past few years. Moreover, a geographical scenario of the market has been offered to the readers in which the report has computed its market size forecasts in terms of volumes (tons) across various geographies, such as North America, Latin America, Europe, MEA and Asia Pacific. In a bid to offer detailed insights to readers, the report has divided global market analysis into various segments which are based on type and applications.

Major Highlights from the Study

Pulp and paper production has increased globally and will continue to increase in the near future. According to the study highlights, progressing at a CAGR of roughly 4.7% over the next five years, The worldwide market for Paper and Pulp will reach 79600 million US$ in 2023, noticeably up from 63300 million US$ in 2017.

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The study further also defines that paper pulp is the raw material for paper manufacture that contains vegetable, mineral, or man-made fibers. Presently, wood pulp, which is the most used paper pulp, is a type of material that is created by processing wood collected from trees and helps as the basis for the creation of a wide range of paper-based products.

In a bid to offer detailed insights, the study highlights major types of paper pulp which are BSK pulp, BHK pulp and BCTMP, etc. BHK pulp is the mainly product in the world, represented about 53% of the global production market. By application, the study covers printing and writing paper; and tissue paper. Geographically, the research states that Brazil, Canada, USA, Indonesia, Finland, Chile and China are now the key producers of paper pulp in the world.

Furthermore, top players in the market and their competitive scenario have been analyzed. Some of the mentioned in the study include Stora Enso (FI), Canfor (CA), Fibria (BR), RGE (SG), Nippon Paper (JP), Sappi (ZA), Huatai (CN), Suzano (BR), UMP (FI), Oji Paper (JP), Yueyang (CN), ARAUCO (CL), APP (SG) and CMPC (CL).

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This release was published on openPR.