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The global paper chemicals market size is projected to surpass USD 42 billion by 2025. Paper chemicals is a group of chemicals which are specifically used to modify the characteristics of paper. Paper chemicals is a group of speciality chemicals used for manufacturing and transforming the properties of paper. Paper chemicals are utilized to modify the paper in various ways by changing its properties such as brightness, colour, resistance to water, and strength. Growing paper and pulp industry in the emerging economies is expected to drive the paper chemical market in the coming years.Request complete details @ Paper Chemicals Market 2020
Additionally, rise in the environment conservation activities such as recycling of paper is projected to boost the demand for paper chemicals in near future. The growing use of label manufacturing technologies, enhanced packaging practices, and paper packaging in the food and beverage industry to reduce plastic waste is also contributing to the market growth.
Key Market Drivers and Restraints:
Recycling of wastepaper is expected to drive the paper chemicals market
With the growing environmental concerns and shift towards sustainable practices which include recycling of waste paper, the demand for paper chemicals is estimated to grow in the coming years. A growth in the demand for flexible paper packaging, due to the rising awareness of consumer regarding the damaging effects of plastic packaging on the environment is expected to cause a surge in the use of paper chemicals.
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Major manufacturers around the world are working towards cutting down cost for manufacturing of paper packaging material and are well versed with the advantages of using recycled paper, which can cut down the cost of packaging material to almost 40%. Additionally, the growing implementation of strict government norms pertaining to reduction in carbon emissions and environmental concerns are also key factors projected to fuel the consumption of recycled paper packaging in the coming years.
The market is experiencing a swing from paper to digital means which is expected to restraint the paper chemical market. This switch has also led to the closure of inefficient, small mills coupled with losing their customer base. The demand for graphic paper is declining and can have a negative impact on the paper chemical market. Furthermore, the growing concerns over cutting down of trees for making paper and pulp is projected to affect the market growth over the forecast period.
Key Application:
Packaging industry is one of the emerging application for paper chemicals
Use of proper packaging protects the goods from getting damaged, till the product is delivered from the manufacturing point and reaches the final consumer. It also prevents any wastage associated to the products and reduces the transportation risk involved during delivery. The use of specialty paper chemicals helps to decrease the water and energy consumption, recycle wastepaper, and decreases the raw material intake. The use of specialty paper chemicals do not compromise other functional properties of the paper but only tend to reduce the all over paper weight.
Specialty paper chemicals have also enabled a remarkable increase in the speed of paper machines. With the rise in the e-commerce sector and online shopping activities, there is a high demand for strong packaging products. Growing industries and production of good quality products is also influencing the packaging market in a positive way. Additionally, the rise in food grade biodegradable packaging is expected to boost the demand for paper packaging, driving the market growth in the coming years.
Growing environmental concerns and the increasing need to reduce toxic emissions across the world is driving the use of recycled paper packaging. There is a growing use of recycled paper packaging in various industries such as personal care, healthcare, food and beverages, manufacturing, and several others.
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Regional Market Scenario:
Key Market Players
Nouryon
Arkema
Archer Daniels Midland Company
Ashland Inc.
BASF SE
Buckman Laboratories
Cargill Incorporated
Clariant
DuPont
ERCO Worldwide
FMC Corporation
GE Corporation
Others
Market Segments: Paper chemicals Market
By Type
Pulp Chemicals
Process Chemicals
Functional Chemicals
Others
By Application
Packaging
Printing
Pulp Mills
Others
By Region (tentative)
North America
US
Canada
Europe
Germany
France
UK
Asia Pacific
China
India
Japan
South-East Asia
The Middle East and Africa
Saudi Arabia
Israel
South America
Brazil
Key Sources
Industry Associations
Company Annual Reports
Company Websites
Key industry leaders
Others
Key Questions Answered
What are the key growth regions and countries?
What are the important types and technologies being used?
What are the market players doing, in terms of research and development?
Which are the new applications for this market?
What are the integrations happening?
What are the recent news, developments, mergers, or large value deals?
Key Stakeholders
Raw material suppliers
Paper chemical manufacturers
Chemical suppliers
Regulatory Authorities
Research and Innovation Organizations
Suppliers and Distributors
Other Channel Partners
Quality Control Organizations
Environmental Authorities
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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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