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Global Pulp and Paper Chemicals Market to Grow at a CAGR of 3.68% by 2030 | ChemAnalyst

04-15-2021 02:33 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: ChemAnalyst

According to ChemAnalyst report, “Global Pulp and Paper Chemicals Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, global pulp and paper chemicals market has shown tremendous growth in the past five years and is anticipated to achieve a CAGR of 3.68% during the forecast period. Increasing population and growing demand for ready to eat foods, demand from pharmaceutical industry as a packaging material, development of new technologies and increasing e-commerce activities would drive the demand for Pulp and Paper Chemicals in the forecast period. These chemicals are also used in paper industry to produce specialty papers which enhances the functional properties like strength, water resistant, brightness, and color of the paper.

Get more info: https://www.chemanalyst.com/industry-report/pulp-paper-chemicals-market-410

About 80% of pulp and paper chemicals being produced in the world today is used in various paper industries for manufacturing of different kinds of papers such as packing papers, magazines, laminations, envelopes, and tissue papers. The major end uses of these chemicals are in specialty additives, fillers and coating pigments, bleaching and deinking chemicals, and pulping chemicals. The remaining 20% of the demand of chemicals comes from other applications, such as spending on personal hygiene, education sector and many more. Kraft pulping process also known as sulfate process is currently the most used in pulp and paper chemicals production process. About 70% of the world’s pulp and paper chemicals is produced using kraft pulping process. This revolutionary technology is known to be the most economical one, with remarkable benefits such as reduced capital investments, maintenance costs, and waste treatment.

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Among various applications of ABS, specialty additives dominate the Global Pulp and Paper Chemicals market. As of FY19, the specialty additives dominate ABS end user market and are expected to propel the market growth backed by drivers like increasing e-commerce activities, rapid urbanization, and growing rate of per capita consumption of paper globally. In the past few years, the increasing industrialization and urbanization and increasing demand from e-commerce activities. These factors are likely to propel the demand for Global pulp and paper chemicals in the forecast period. Moreover, increased use of paper in education sector and spending on personal hygiene are further driving the chemicals demand in the forecast period.

Pulp and paper chemicals prices are linked to its increasing demand from various sectors like e-commerce, education, health and hygiene and pharmaceuticals. Over the past few years, global pulp and paper prices have become highly susceptible to the demand of these chemicals. In the first half of FY20 sudden outbreak of novel coronavirus followed by unprecedented fall in demand rendered a sharp downfall in the global Pulp and Paper Chemicals prices. Various industrial operations shutdown in the first half of the FY20 which impacted various industries including these chemicals market as it is majorly used packaging industry and pharmaceutical sector. Therefore, chemicals market has also being affected due to shaken market outlook.

Regionally, Asia Pacific dominates the Global Pulp and Paper Chemicals market and holds the largest market share in FY19. Asia’s chemicals market is anticipated to grow in the economies like India, China and Japan due to continuously rising population and high demand from the industrial and e-commerce sector. South Asia, particularly India, seems to be the key market for chemicals as the country is seen as a generally under-supplied market with limited domestic manufacturing. Moreover, increasing focus of the Indian government towards spreading awareness for production in India through campaigns such as MAKE IN INDIA Project would stimulate the growth of the global ABS market in the forecast period.

According to ChemAnalyst report, Global Pulp and Paper Chemicals Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, some of the major players operating global Pulp and Paper Chemicals market are Kemira Oyj, AkzoNobel N.V., BASF SE, Dow Chemical Company, Nalco Holdings, and Ashland, Inc. etc. In FY19, the leading chemicals producer Kemira Oyj is using kraft pulping proces. The technology improves the efficiency of the manufacturing process and cuts CO2 emissions and water and electricity use.

“Being directly linked to the Chemicals industry, the global pulp and paper chemicals industry has shown a robust growth alongside growing population and changing consumer preference. India is forecasted to become the world's fifth largest consumer market by 2025. In addition, growing per capita income globally poised a stronger outlook to the country’s chemicals demand. The nationwide lockdown affected the demand and increased the price due to minimum demand. China also serves as the key growth region with sufficiently installed capacities. With new competitors emerging across the Asian chemicals market, players anticipate that supply will soon outpace demand soon. At this, it is extremely important to keep an eye which region will grab the biggest market share in the upcoming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.

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India Sulphuric Acid Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Process, Application, Grade, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030

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About Us

ChemAnalyst is a leading provider of chemical commodity prices in more than 12 countries since from last 4 Years. The company has emerged as a preferred pricing supplier amongst Procurement Managers and Strategy Professionals globally who wants to track near real time prices of chemicals on its interactive dashboard. Unlike most of its competitors such as ICIS, IHS & S&P Platts the company doesn’t believe in delivering prices in PDF reports. The company has developed proprietary algorithm based online subscription platform in which users can track years of historical prices of more than 250 chemical commodities. In addition, since it’s all online, the users cannot just compare prices across multiple countries but also with other commodities and play with the data by generating multiple graphs to find out amazing insights. The users get access to grade wise CIF, CFR & Ex Works prices at multiple ports in each country.

ChemAnalyst also provides market analysis for more than 1000+ chemical commodities such as Production, Demand, Supply, Plant Operating Rate, Imports, Exports, Suppliers, Customers and much more. The company has created online interactive dashboard in which customers can access all this data instantly with a click of a button. The users will not only be able to analyse historical data for past years but will also get to analyse short term and long-term forecasts for coming years. With the access to local field teams, the company can provide high quality reliable market analysis data for more than 20 countries.

ChemAnalyst is a one stop solution for all the data related needs. We at ChemAnalyst are committed to assist customers worldwide with their data and insights needs using our comprehensive online platform.

For more information, please visit us at www.chemanalyst.com

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