Specialty Pulp And Paper Chemicals Market growth is propelled by Rising demand in one-sided specialty papers | Key Players are Kemira, Shell, AkzoNobel, Buckman, Ashland, Nalco Water, An Ecolab Company, BASF, Evonik, The Dow Chemical Company, SNF

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.

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

Due to vast amount of energy, water and chemicals used in the production process of these coated papers give rise to environmental concerns for the pulp & paper industry. EPA is majorly concerned about the emission of greenhouse gases such as methane and others from waste water. The Food & Drug Administration (FDA) have made several regulations mandatory due to the use of certain chemicals that have harmful effects on the environment might act as the specialty pulp and paper chemicals market restraints in near future.

Based on the product, specialty pulp and paper chemicals market is globally segmented into four broad categories such as basic, functional, process and bleaching chemicals. In 2015, the functional chemicals account for close to half of the specialty pulp and paper chemicals market share and registered a CAGR of around 7%. These functional chemicals include coating chemicals, pigments & dyes and are likely to display fastest growth in terms of revenue.

To extend the working life and improve efficiency of pulp manufacturing machines, processed chemicals are generally used in removing scales owing to its chelating properties. Increasing environment awareness and conservation of natural resources is fueling the demand for recycled paper which in turn is propelling the bleaching chemicals demand extensively.

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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.

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.

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:

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