Global Paper Chemicals Market is Estimated to be USD 36.4 Billion in 2018 and is Projected to Reach USD 40.2 Billion by 2023
DUBLIN, Nov 29, 2018 /PRNewswire/ --
The "Paper Chemicals Market by Form (Specialty Chemicals, Commodity Chemicals) Type (Pulp Chemicals, Process Chemicals, Functional Chemicals), and Region (Asia Pacific, Europe, North America, Rest of World) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The Paper Chemicals Market is Estimated to be USD 36.4 Billion in 2018 and is Projected to Reach USD 40.2 Billion by 2023, at a CAGR of 2.0% Between 2018 and 2023.
Paper chemicals are a group of chemicals that are used in pulp and paper mills to convert wood pulp into paper products. Various types of chemicals are used depending on the pulp and paper manufacturing process. The pulp and paper chemicals are classified into three types - pulp chemicals, process chemicals, and functional chemicals. Pulp chemicals mainly include bleaching chemicals and pulping chemicals.
Caustic soda and sodium sulfide are the widely used pulping chemicals. Wood pulp is bleached to remove color from the trace amounts of lignin, which is not extracted during the chemical pulping process.
Chlorine, sodium chlorate, chlorine dioxide, hydrogen peroxide, and oxygen are the widely used bleaching agents. Process chemicals mainly include biocides, coagulants & flocculants, defoamers, deposit control materials, and retention & drainage aids. Functional chemicals mainly include dyes, pigments, and colorants, fillers, surface coatings, sizing agents, and softeners and binding agents.
APAC was the largest paper chemicals market in 2017. It is projected to reach USD 14,014.2 million by 2023 at a CAGR of 3.3% between 2018 and 2023. APAC accounted for a share of 32.4% of the overall paper chemicals market in 2017. The growth of the packaging industry in the region contributes to the growth of the paper chemicals market. The packaging industry generates a considerable demand for paper and paperboard in the region.
The paper chemicals market is mainly driven by the persistent growth in the production of packaging paper. The demand for several paper-based packaging products for the packaging of food and beverages is boosting the development of specialty paper chemicals. The global trend of digitization has decreased the demand for printing and graphic paper, which has resulted in the closure of many pulp and paper mills in Europe and North America. This has restrained the paper chemicals market.
The market growth is challenged by the downturn in paper production in China due to the implementation of stringent regulations in the country regarding effluent disposal and old pulp and paper processing equipment. On the other hand, pulp mill biorefineries are creating new growth opportunities for pulp and paper chemical companies to convert pulp into valuable bio-products such as bio-based phenols, binders, and polyesters.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in Paper Chemicals Market
4.2 Paper Chemicals Market, By End-Use Industry
4.3 Paper Chemicals Market, By Type & By Region
4.4 Paper Chemicals Market Attractiveness
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Persistent Growth in Production of Packaging Paper
5.2.2 Restraint
5.2.2.1 Declining Production of Graphic Paper Due to Digitization
5.2.3 Opportunity
5.2.3.1 Bio-Refineries: New Growth Avenues for Pulp Chemicals Producers
5.2.4 Challenge
5.2.4.1 Downturn in Paper Production of China Due to Strict Regulatory Scenarios
5.3 Porter's Five Forces Analysis
5.4 Macroeconomic Indicators
6 Paper Chemicals Market, By Form
6.1 Introduction
6.1.1 Specialty
6.1.2 Commodity
7 Paper Chemicals Market, By Type
7.1 Introduction
7.2 Pulp Chemicals
7.3 Functional Chemicals
7.4 Process Chemicals
8 Paper Chemicals Market, By Region
9 Competitive Landscape
9.1 Overview
9.2 Market Share Analysis
9.3 Competitive Scenario
9.3.1 Acquisition
9.3.2 Expansion
10 Company Profiles
10.1 Kemira OYJ
10.2 Ecolab
10.3 BASF SE
10.4 Solenis
10.5 Akzonobel N.V.
10.6 Ashland Inc
10.7 Harima Chemicals Group, Inc.
10.8 Buckman Laboratories International, Inc.
10.9 Archroma
10.10 Ivax Paper Chemicals Ltd
10.11 Additional Company Profiles
10.11.1 Chemisphere Paper Technologies
10.11.2 Ivax Paper Chemicals Limited
10.11.3 Kolb Distribution Ltd
10.11.4 Peroxychem
10.11.5 Axchemgroup
10.11.6 Flourish Paper and Chemicals Ltd
10.11.7 Thermax Global
10.11.8 Papertex Speciality Chemicals Pvt. Ltd
10.11.9 Shree Chlorates
For more information about this report visit https://www.researchandmarkets.com/research/dtsqz9/global_paper?w=5
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets
Share this article