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Paper Chemicals Market 2024 Latest Insights, Growth Rate, Future Trends And Forecast | Key Players : Kemira Oyj, BASF SE, Solenis International LLC, Akzo Nobel N.V., Ecolab Inc., Ashland Global Holdings Inc., Buckman Laboratories International Inc

Paper Chemicals Global Market Report

Paper Chemicals Global Market Report

"The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company presents an extensive market research report on the Paper Chemicals Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:
The paper chemicals market size has grown steadily in recent years. It will grow from $38.92 billion in 2023 to $40.12 billion in 2024 at a compound annual growth rate (CAGR) of 3.1%. The growth in the historic period can be attributed to rising paper consumption, focus on sustainable paper production, increasing demand for specialty papers, urbanization and industrialization, government regulations and standards, consumer preferences for sustainable packaging, globalization of paper supply chains..

The paper chemicals market size is expected to see steady growth in the next few years. It will grow to $45.44 billion in 2028 at a compound annual growth rate (CAGR) of 3.2%. The growth in the forecast period can be attributed to economic growth, biodegradable packaging trends, increasing smart packaging applications, increasing focus on paper recycling, stringent environmental regulations, emergence of bio-based chemicals.. Major trends in the forecast period include growing preference for functional paper additives, technological advancements in paper manufacturing, focus on water and energy conservation, shift towards digitalization in paper mills, preference for alkaline papermaking, customization of paper chemical solutions..

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Key Market Players:
Major companies operating in the paper chemicals market report are Kemira Oyj, BASF SE, Solenis International LLC, Akzo Nobel N.V., Ecolab Inc., Ashland Global Holdings Inc., Buckman Laboratories International Inc., Chemisphere Ltd., Dow Inc., Evonik Industries AG, Georgia-Pacific Chemicals LLC, Huntsman Corporation, Imerys S.A., Kurita Water Industries Ltd., Nalco Water, Omya Group, PPG Industries Inc., Solenis LLC, Minerals Technologies Inc., Stepan Company, Synthomer plc, Tate & Lyle PLC, The Chemours Company, Lubrizol Corporation, The Procter & Gamble Company, Sherwin-Williams Company, WestRock Company, Zhejiang Kefeng Silicone Co. Ltd., Buckman Laboratories InternationalInc., Archroma Corporation

Market Drivers:
The increase in usage of paper-based packaging is driving the growth of the paper chemicals market. Paper containers also referred to as paper packaging, are a highly efficient and affordable alternative that the public can use to move, carry, and store a variety of things. The majority of paper packaging products, including jars for soup, plates, and bowls, contain PFAS (which are paper chemicals). Paper-based packaging can be recycled easily and contributes to sustainability. For instance, according to Eurostat, around 80 million tons of packaging waste were produced in Europe, the majority of which was made up of paper and cardboard (41%), followed by plastic (19%), glass (19%), wood (16%), and metal (5%). Municipal packaging trash had a recycling rate of 82% for paper and cardboard packaging, 78% for metallic packaging, 76% for glass packaging, 41% for plastic, and 31% for wooden packages. Hence, the increasing usage of paper-based packaging and its highly sustainable properties is expected to drive the paper chemicals market in the forecast period.

Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/paper-chemicals-global-market-report

The paper chemicals market covered in this report is segmented -
1) By Chemical Type: Bleaching Chemicals, Pulping Chemicals, Functional Chemicals
2) By Form: Specialty, Commodity
3) By Application: Packaging And Board, Printing And Writing, Hygiene Products

The report answers the following questions:
What are the primary factors propelling the market during the projected period?

In which region is the most substantial growth expected?

Which trend will take center stage in the upcoming period?

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