Press release
Europe and MENA Pulp Market Trends, Demand with Status and Global Analysis 2022 - 2026
Market Insights Reports has added new statistical data to its repository titled as, Global Europe and MENA Pulp Market. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). Furthermore, the report also sheds light on technological platforms, in addition to distinctive tools, and methodologies that will help to propel the performance of industries. The Europe and MENA Pulp market report covers the post-COVID-19 impact on various regions and major countries and on the future development of the industry is pointed out.The wood pulp market is expected to witness a CAGR of 3.78% during the forecast period (2021 - 2026).
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Top Key Players in the Global Europe and MENA Pulp Market is Atrak Pulp and Paper Industries, Middle East Paper Company (MEPCO), Linter Pak Co., Saudi Paper Manufacturing Co., Obeikan Paper Industries Co., Stora Enso, UPM, SCA, Mondi PLC, Sappi Limited, and others.
Industry News and Update:
- In March 2020, Stora Enso launched a sustainable premium cardboard packaging box for pellets. With this new packaging, Stora Enso plays a pioneering role in the pellets industry and places sustainability, innovation, and customer orientation at the center of its developments.
- In August 2019, UPM made an investment decision to construct a 2.1-million-ton greenfield eucalyptus pulp mill near Paso de Los Toros in central Uruguay. The highly competitive mill investment of USD 2.7 billion will grow UPM’s current pulp capacity by more than 50%, resulting in a step-change in the scale of UPM’s pulp business as well as in UPM’s future earnings. Additionally, UPM will invest USD 350 million in port operations in Montevideo and local facilities in Paso de Los Toros. The mill is scheduled to start-up in the second half of 2022.
Key Market Trends:
Bleached Chemical Pulp to Have Significant Impact on The Growth
- The pulp and paper industry heavily relies on natural resources and hence, the efficient utilization of raw materials, energy, and chemical processing, drive sustainability in the industry while producing high-quality products. For instance, pulp produced in Europe comes from sustainably managed forests, for example, through programs, like PEFC (Programme for Endorsement of Forest Certification) and FSC (Forest Stewardship Council), and is increasingly used in various value chains.
- The rising demand, along with consumption, for tissue paper, which is essentially used in kitchen, toilets, and household, is expected to drive the bleached chemical pulp market’s growth over the forecast period. Technological advancements in the paper and pulp industry enhance plant performance, which enables higher quality improvement and lower cost, and simultaneously environmentally friendly plant operation and thus have
- However, Cepi announced that according to preliminary figures, the European paper and board production decreased by 3.0% in 2019 compared to the previous year. The slowing down of the EU's economy in 2019, from 1.9% in 2018 to 1.1% in 2019 combined with global instability and trade tensions, impacted the European paper and board consumption, which recorded a 4% decline. This will directly impact the bleached chemical pulp market in the region.
- According to the Environmental Paper Network, the entire continent of Africa accounts for just 2% of global paper uses. This is due to the presence of heavily populated forest regions. More than half of the paper used is then chemically bleached to be used for packaging (carton board and containerboard), and this area has been increasing consistently in recent years.
Full Browse the report description and TOC:
https://www.marketinsightsreports.com/reports/02082593227/europe-and-mena-pulp-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=A28
This Global Europe and MENA Pulp Market report addresses:
– The Market size from 2016-2021
– Expected market growth until 2026
– Forecast of how market drivers, restraints, and future opportunities will affect
– Segment and regions that will drive or lead the market growth and why
– Comprehensive mapping of the competitive landscape
– In-depth analysis of key sustainability strategies adopted by market place.
Frequently Asked Questions about Global Europe and MENA Pulp market:
– What are the recent developments and government policies?
– Why might we forecast a downturn in a particular economy next year?
– Why do we say the currency is set to appreciate?
– What countries and sectors offer the highest potential?
– Where are the greatest dangers?
We Also Offer Customization on report based on specific client Requirements:
– Free Country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point
Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides Global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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