June 13, 2022 11:56 ET | Source: Facts & Factors Facts & Factors
NEW YORK, NY, June 13, 2022 (GLOBE NEWSWIRE) -- Facts and Factors has published a new research report titled “Specialty Pulp and Paper Chemicals Market - Global Insights, Growth, Size, Share, Comparative Analysis, Trends and Forecast 2022 – 2028” in its research database.
“According to the latest research study, the demand of global Specialty Pulp and Paper Chemicals Market size & share was worth at USD 24.9 million in 2021 and it is expected to hit around USD 26.31 million Mark, by 2028, at a compound annual growth rate (CAGR) of about 2.5% during the forecast period 2022 to 2028.”
What are Specialty Pulp and Paper Chemicals? How big is the Specialty Pulp and Paper Chemicals Industry?
Chemicals and polymers having functionalities that are used to improve the quality and performance of paper are referred to as specialty pulp and paper chemicals. Specialty chemicals are used to make specialty paper, including bleaching and RCF chemicals, process chemicals, functional chemicals, coating chemicals, and pigments and filters. Growing demand for bleaching and functional chemicals used in the production of specialty paper for applications such as packaging, printing, and labelling is expected to boost the market.
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Global Specialty Pulp and Paper Chemicals Market Dynamics
Due to the digital revolution, which has also led to industry consolidation, demand for specialized paper and pulp chemicals has been dropping or remaining relatively stable in recent years. Growing demand from packaging, domestic, and sanitary applications, on the other hand, has helped to stabilize the market. Coating as a protective material to induce smoothness and limit ink absorbency in specialty paper is becoming more popular, which will increase the use of functional chemicals in the coming years. The growing popularity of recycled paper in the paper industry is driving demand for specialty pulp and paper chemicals, as well as the widespread use of functional chemicals in a variety of applications such as decoration, printing, and packaging, which is propelling the specialty pulp and paper chemicals market forward.
The market for specialty pulp and paper chemicals is influenced by the growing demand for functional chemicals in various forms such as fluorescent whitening, dry-strength additives, and sizing agents, as well as an increase in their demand to produce various types of paper depending on desired texture, brightness, size, and other factors.
Browse the full “Specialty Pulp and Paper Chemicals Market By Product Outlook (Basic Chemicals, Functional Chemicals, Bleaching Chemicals, Process Chemicals), By Application Outlook (Printing, Packaging, Labeling, Others), and By Region - Global Insights, Growth, Size, Share, Comparative Analysis, Trends and Forecast 2022 – 2028” Report at https://www.fnfresearch.com/specialty-pulp-and-paper-chemicals-market
Specialty Pulp and Paper Chemicals Market: COVID-19 Impact Analysis
As a consequence of the COVID-19 outbreak, the world's economy, as well as the industrial and manufacturing sectors, as well as the consumer sector, are all experiencing negative effects. As a direct consequence of COVID-19, it is anticipated that the growth of the paper, pulp, and chemical sectors would decelerate in the year 2021. As a direct consequence of this, the global specialty paper and pulp chemical market will also decelerate throughout the course of the projection period.
Specialty Pulp and Paper Chemicals Market: Segmental Overview
The global specialty pulp and paper chemicals market is segregated based on product outlook and application outlook.
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The report contains qualitative and quantitative research on the global specialty pulp and paper chemicals market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides in-depth analysis of the market's main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts. The study examines, among other things, each company's global presence, competitors, service offers, and standards.
List of Key Players in the Global Specialty Pulp and Paper Chemicals Market:
Key Insights from Primary Research:
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Key questions answered in this report:
In 2021, Asia Pacific dominated the global market. Chemical use is predicted to rise over the next seven years due to the strong presence of specialty pulp and papermakers in Japan and China, as well as easy access to equipment and raw materials. Furthermore, rising demand for specialty pulp and paper in a variety of end-use industries such as labeling, printing, and packaging is expected to drive market expansion during the projection period. China and India are expected to grow rapidly as a result of increased industrialization, rapid economic growth, and low labor costs. Environmental performance, regulatory compliance, and early adoption of sustainable production practices are all important aspects in determining the industry's growth in North America.
North America's specialized pulp and paper chemicals market remained steady due to saturation and growth in the digital economy. Despite this, the market is predicted to expand due to the rising demand for environmentally friendly chemicals for recycled papers and the expanding application range of specialty papers.
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The global specialty pulp and paper chemicals market is segmented as follows:
To know an additional revised 2022 list of market players, request a sample report: https://www.fnfresearch.com/sample/specialty-pulp-and-paper-chemicals-market
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