Global Specialty Pulp And Paper Chemicals Market to hit $31bn by 2024 | Key Players are Buckman, BASF, Evonik, The Dow Chemical Company, SNF, Ashland, Nalco Water, An Ecolab Company, Kemira, Shell, AkzoNobel

Asia Pacific, led by China, will be the major driver for the global market and is expected to reach a revenue of USD 11.50 billion of specialty pulp and paper chemicals by 2024. The huge number of stationery and packaging industry end-users will account for this demand.

Fastest growth is also expected in the Asia Pacific region owing to the growing demand of packaging industry and increasing production capacity of industries in these regions.

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.

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North America specialty pulp and paper chemicals market is expected to reach a total revenue of over USD 6 billion in 2024.

Specialty Pulp And Paper Chemicals Market size is set to exceed USD 31 billion by 2024; as per a new research report by Global Market Insights, Inc. Rise in the demand of one-sided specialty (coated) papers will be the principal driver for the growth in global specialty pulp and paper chemicals market size in the next few years. The demand for one-sided specialty (coated) papers was accounted for over 4,000 kilo tons in 2015 and will show significant growth.

Rising demand for labels and specialty flexible packaging materials, will play an important role in industry evolution. With increasing electronic commerce industry, and ease of home delivery mechanisms, the flexible packaging industry will find a growing demand in the upcoming years. They also find a huge application in envelopes, gift wraps, posters, release liners, laminations, and thermal transfers.

Improvements in process efficiency with increasing use of specialty pulp and paper chemicals will also drive the market growth in coming years. Better cleaning of wall fibers and increasing the surface quality of papers is a major influencing factor for the market. The specialty chemicals help in reducing the biological oxygen demand of the waste water, hence improving its quality, and reducing the environmental damages caused by the heavy amount of waste water released by the industry.

Due to the heavy amount of water, chemicals and energy required in manufacturing, there have been strong environmental concerns, also involving release of methane and other greenhouse gases from waste in landfills. EPA and FDA have mandated several regulations in the paper & pulp industry, hindering the market growth. Certain chemicals used in the industry have malicious effects on prolonged exposure and the concerning FDA rules and regulations may act as restraints for the specialty pulp and paper chemicals market.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Kemira
2. Shell
3. Ashland
4. AkzoNobel
5. Nalco Water, An Ecolab Company
6. Buckman
7. SNF
8. BASF
9. Evonik
10. The Dow Chemical Company

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Key insights from the report include:

• Global specialty pulp and paper chemicals market size is forecast to exceed USD 31 billion by 2024, with estimated gains at over 4%.

• Functional chemicals registered the maximum share of over USD 10.5 billion in 2015. It constituted over half of the global specialty pulp and paper chemicals market share.


• In 2015, the global specialty pulp and paper chemicals market share was concentrated as the top six industry participants accounted for more than 80% of supply.

Specialty pulp and paper chemicals Market By Product
o Bleaching chemicals
o Process chemicals
o Functional chemicals
o Basic chemicals

Browse key industry insights spread across 127 pages with 87 market data tables & 11 figures & charts from the report, “Specialty Pulp And Paper Chemicals Market” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/specialty-pulp-and-paper-chemicals-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.

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