Global Specialty Pulp and Paper Chemicals Market Projected to be Worth USD 25.98 Billion by 2021: Technavio
24 March 2017
According to the latest market study released by Technavio, the global specialty pulp and paper chemicals market is projected to grow to USD 25.98 billion by 2021, at a CAGR of more than 4% over the forecast period.
This research report titled ‘Global Specialty Pulp and Paper Chemicals Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.
Specialty pulp and paper chemicals are chemicals especially used as raw materials in the manufacture of specialty paper. The growth in the global specialty pulp and paper chemicals market can be attributed to the growing demand for pigments, dyes, and coated paper among consumers for decorative applications.
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Based on application, the report categorizes the global specialty pulp and paper chemicals market into the following segments:
Writing and printing application
Building and construction application
The top three revenue-generating application segments in the global specialty pulp and paper chemicals market are discussed below:
Writing and printing application
“The writing and printing application is the largest segment of the global specialty pulp and paper chemicals market, and is projected to grow at a CAGR of over 4% through the forecast period,” says Mahitha Mallishetty, a lead analyst at Technavio for specialty chemicals research.
The rising needs for these chemicals for the manufacture of newspapers, books, magazines, stationeries, and commercial purposes, including catalogs printing and office reprographics are the factors responsible for its dominance. The market is expected to grow because of the high demand of dyes and pigments in developing countries where the use of specialty chemicals is more.
The manufacture of packaging papers requires specialty pulp and paper chemicals such as dyes, quenching agents, and cross-linkers among others. The swift evolution of e-commerce is resulting in the growth of the packaging paper industry and has made it more useful for the global market. The most commonly used types of paper packaging include paperboard cartons, paper bags, and corrugated boxes and sacks. The rising applications of these products will drive the demand for specialty pulp and paper chemicals market.
“The labeling application segment of the global specialty pulp and paper chemicals market is expected to grow quickly at a CAGR of close to 5% over the forecast period. Specialty chemicals such as silicone are used for manufacturing paper for labeling purpose,” says Mahitha.
Labeling is used to inscribe picture and content on paper or any material to provide detail information regarding a product. Silicone release coatings to give label and tape makers a substrate for processing and application options. The market in Europe is expected to have a relatively higher demand for these chemicals over the forecast period.
The top vendors highlighted by Technavio’s research analysts in this report are:
The Dow Chemical Company
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Global Specialty Pulp and Paper Chemicals Market to Grow at a CAGR of 4.4% by 2021 - Growth in Demand For Functional Chemicals - Research and Markets
30 May 2017
Research and Markets has announced the addition of the "Global Specialty Pulp and Paper Chemicals Market 2017-2021" report to their offering.
The global specialty pulp and paper chemicals market to grow at a CAGR of 4.4% during the period 2017-2021.
The report, Global Specialty Pulp and Paper Chemicals Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in market is advances in technology. The pulp and paper chemical industry has witnessed many technological advances, which are expected to promote the market growth during the forecast period. One such advancement is that the use of enzymes for manufacturing specialty paper. The pulp and paper chemical industry has witnessed many technological advances, which are expected to promote the market growth during the forecast period. One such advancement is that the use of enzymes for manufacturing specialty paper. In addition, the increasing use of recycled pulp to reduce energy consumption and technologies that aid optimal processing of recycled pulp, and advances in technologies in kraft pulping and mechanical pulping are the other notable advances witnessed in the market.
According to the report, one driver in market is growth in demand for functional chemicals. The demand for specialty chemicals is primarily attributable to the growing demand for pigments, dyes, and coated paper among consumers for decorative applications. The demand for specialty pulp and paper chemicals in APAC, especially in developing countries, including India and China, is growing due to the increasing use of paper for different applications such as printing and labeling. This factor has become a major boost for the increase in the demand for functional chemicals such as dyes, pigments, binders, sizing chemicals, and special coating agents. In 2016, the functional chemical segment accounted for a global revenue of more than $11 billion, thereby dominating the market. Furthermore, rising literacy rates and resultant demand for writing paper in developing countries such as India and China is also fostering the demand for functional chemicals.
• The Dow Chemical Company
Other prominent vendors
• ERCO Worldwide
• SNF Floerger
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by type
PART 07: Market segmentation by application
PART 08: Geographical segmentation
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
For more information about this report visit http://www.researchandmarkets.com/research/5jhgps/global_specialty
Research and Markets
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