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Pulp And Paper Automation Market Report 2024: Growth Drivers And Market Size
Pulp And Paper Automation Market Report
Pulp And Paper Automation Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $8.52 billion In 2028 At A CAGR Of 7.8% :
The pulp and paper automation market size has grown strongly in recent years. It will grow from $5.78 billion in 2023 to $6.32 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to demand for increased efficiency, integration of supply chain, focus on product quality and consistency, globalization of markets.
The pulp and paper automation market size is expected to see strong growth in the next few years. It will grow to $8.52 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to industry 4.0 integration, rising demand for sustainable solutions, advanced robotics and automation, remote monitoring and control, customization and personalization. Major trends in the forecast period include technological innovation, predictive maintenance, advanced analytics for decision support, cloud-based automation platforms, advancements in control systems.
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Pulp And Paper Automation Market Major Segments
The pulp and paper automation market covered in this report is segmented -
1) By Product: Distributed Control Systems (DCS), Programmable Logic Controllers (PLCs), Supervisory Control And Data Acquisition (SCADA), Sensors And Transmitters, Flowmeters, manufacturing execution systems (MES), Asset Performance Management (APM), Advanced Process Control (APC), Other Products
2) By Application: Pre-Press Printing, Print and Publication, Paper Mills Processing, Paper Packaging
3) By End-User: Paper, Pulp, Tissue, Board
Key Driver - The Impact of Rising Industrial Automation Demand on the Pulp and Paper Automation Market
The increasing demand for industrial automation is expected to propel the growth of the pulp and paper automation market going forward. Industrial automation uses advanced technologies such as robotics, control systems, and computer software to streamline and optimize manufacturing processes, reducing human intervention and enhancing efficiency and productivity in industrial settings. Industrial automation systems monitor and control various pulp and paper production stages to improve product quality, reduce waste, and minimize energy consumption. For instance, in October 2022, according to the International Federation of Robotics report, a Germany-based non-profit organization, factories worldwide witnessed a record-breaking surge in the installation of industrial robots, reaching an all-time high of 517,385 units. The Americas experienced a notable increase, with 50,712 industrial robots installed, a 31% rise from the previous year. Specifically, installations soared by 14% within the United States, totaling 34,987 units in 2021. Therefore, the increasing demand for industrial automation is driving the growth of the pulp and paper automation market.
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Prominent Trend - Advancements In Pulp And Paper Automation Reshape Industry Landscape
Major companies operating in the pulp and paper automation market are developing innovative products such as Bleached Chemi-Thermo Mechanical Pulp (BCTMP) technology to drive their revenues in the market. BCTMP is a mechanical pulping process that uses sodium sulfite for impregnation. The BCTMP technology produces high-brightness, hardwood-based, customized TCF (total chlorine-free) pulps for various uses, including printing and writing papers, tissue products, paperboard products, wood-free papers, and specialty papers. For instance, in January 2023, Valmet, a Europe-based developer and supplier of process technologies, automation, and services for the pulp, paper, and energy industries, launched the Valmet Polymer Concentration Measurement (Valmet PCM), an advanced optical inline polymer measurement system. This innovation is designed to measure polymer concentration in real-time, enabling the optimization of polymer usage in industrial wastewater treatment as well as in paper and board production applications. The Valmet PCM is the first of its kind, offering enhanced accuracy and efficiency in monitoring and controlling polymer concentration, ultimately contributing to improved process performance and resource utilization.
Pulp And Paper Automation Market Players
Major companies operating in the pulp and paper automation market are Microsoft Corporation, Hitachi Ltd., Amazon Web Services Inc., Siemens AG, General Electric Company, IBM Corporation, Oracle Corporation, Schneider Electric SE, Honeywell International Inc., SAP SE, ABB Ltd., Emerson Electric Co., Parker Hannifin Corporation, Andritz AG, Rockwell Automation Inc., Omron Corporation, Fanuc Corporation, Fuji Electric Co. Ltd., Baker Hughes Company, NV Bekaert SA, BTG Group BV, Metso Corporation, Valmet Corporation, Voith Group, Yaskawa Electric Corporation, Pentair plc, Ecolab Inc. (formerly Nalco Holding Company), Yokogawa Electric Corporation, Solenis LLC, Kemira Oyj
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Largest And Fastest Growing Region In The Market
Europe was the largest region in the pulp and paper automation market in 2023. The regions covered in the pulp and paper automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Pulp And Paper Automation Market Report Structure
3. Pulp And Paper Automation Market Trends And Strategies
4. Pulp And Paper Automation Market - Macro Economic Scenario
5. Pulp And Paper Automation Market Size And Growth
…..
27. Pulp And Paper Automation Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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Executive Summary
Global Pulp and Paper Market valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2017-2025. Pulp and paper producers produces and sells cellulose-based products, derived from wood. Packaging paper, graphic paper and…
