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Specialty pulp and paper chemicals market to see 4% CAGR till 2024 | Kemira, Shell, Ashland, AkzoNobel, SNF Floerger, BASF, Evonik, Dow

Specialty Pulp and Paper Chemicals Market

Specialty Pulp and Paper Chemicals Market

Specialty pulp and paper chemicals are ideal for application in gift wraps, envelopes, posters, laminations, thermal transfers, and release liners. Increasing demand for labels and specialty flexible packaging materials is likely to change Specialty pulp and paper chemicals market trends over the analysis period. With rapid expansion of electronic commerce industry and growing ease of home delivery mechanisms, flexible packaging industry may witness high demand in the coming years.

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Regionally, Asia Pacific region is estimated to be a major revenue pocket for the Specialty pulp and paper chemicals market. Asia Pacific market is poised to emerge as the fastest-growing regional market owing to expanding production capacities of various end user industries and impressive growth of the packaging industry. As per estimates, Asia Pacific specialty pulp and paper chemicals market is likely to reach USD 11.50 billion by the end of 2024.

Apart from Asia Pacific, Latin America is likely to emerge as a prominent Specialty pulp and paper chemicals market.

Likewise, North America Specialty pulp and paper chemicals market is set to reach USD 6 billion by the end of 2024. However, North America and Europe are likely to lose their market share to Latin America and Asia Pacific in the coming years on account of growing digitalization in these regions.

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Demand from wastewater treatment facilities to support specialty pulp and paper business growth
Usage of specialty pulp and paper chemicals helps improving process efficiency in waste treatment. These chemicals aid in reducing the biological oxygen requirement for waste-water treatment, which does not only improve processing quality, but drastically decrease the amount of waste-water released by the industry.

These chemicals are widely used as defoamers, flocculant polymers, retention aids and others for cleaning and managing waste-water before disposal. Stringent environment protection mandates to offset Specialty pulp and paper chemicals market expansion.

Manufacturing of specialty pulp & paper chemicals involves the usage of heavy amounts of chemicals, energy, and water, which can have severe environmental implications, including release of methane and other greenhouse gases from waste in landfills. In addition, certain chemicals used in paper & pulp industry also have negative effects on prolonged exposure. Rising awareness pertaining to these effluents has prompted regulatory bodies, such as EPA and FDA to formulate strict rules and regulations, which may act as restraints for the Specialty pulp and paper chemicals market.

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https://www.prnewswire.com/news-releases/leather-chemicals-market-to-reach-usd-11-42-billion-by-2026--says-global-market-insights-inc-300980524.html

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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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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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